Start of hearing on the settlement Agrokor (VIDEO)

All the debtors were called to the court. and 3,069 have open claims with which they can vote

in the Cibona basketball club because it required enough space for all voters entitled to vote, but there is had a lot less. Most debtors, as explained, vote through the mandates, and most lawyers are represented by more debtors.

At the hearing, there will be no rehearsals, but only a vote on the proposal of the extraordinary administration and the interim majority of debtors. Due to the large number of creditors, he will vote via a mobile application on smartphones

To pass a settlement, receivables approvals are needed between $ 16.76 and $ 24.60 billion

Right to the current vote holds 25.2 billion HRK worth of debt securities, while the total amount of disputed debt entitling to a voting right is approximately 12.1 billion HRK.

If the hearing is not over today, the commercial court has already designated its continuation or maintenance Thursday and Friday

On June 19, the provisional grandmother accepted the final text of the settlement agreement in Agrokor and was sent to the Commercial Court, which was then posted on his electronic newsletter.

A senior governor of the government of Agrokor Fabris Peruško said that creditors with a high total demand share, up to 85 percent, support a reconciliation agreement.

According to the proposal, the largest co-owner of Russian Agrokor Sberbanka would be 39.2%. With the Russian bank VTB, it would have 46.7% of the property

The suppliers of the group will receive on average 60% of their debts, and the financial institutions and other debtors 20%.

There was also an option to replace the shares of Mercator

It is also specified that two Russian banks could not have 50% or more in the future Agrokor for sanctions imposed on Russian companies by the United States and the EU.

Sberbank replaces his share in Mercator as a future co-owner of the future Agrokor. When the wishes are pronounced, the commercial court must confirm before the 10th of July. The process of implementation may take several months.