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Before voting for the Agrokor agreement, it was known that if the settlement was completed, the biggest owners would be Sberbank with 39.2%, bondholders with 25%, VTB Bank with 7 , 5% and Zagrebačka banka with 2.3%
The amount claimed by the creditors is 33.75 billion kuna, or 4.5 billion euros, and the total debt of the company is eight billion euros [HRW]
The settlement was voted by the creditors who demanded 80.2 Judge Nevenka Siladi Ristić announced Thursday that the Commercial Court could issue a ruling upholding the legality of the settlement of the creditor
. ] It is interesting, reports HRT, that nearly two billion kuna did not appear at the hearing of the total amount of claims, that is, unpaid debts.
The application process should last between three and four months. About the extraordinary procedure rave in companies of systemic importance for Croatia, more commonly known as "Lek Agrokor", was adopted on April 6 last year.
The objective of the law was to reach an agreement between the creditors on the future of the company's operations so that Agrokor could continue its activities in a sustainable and stable manner.
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