Tags » Agrokor

Salvaging Croatia’s Biggest Private Company Reveals History Of Ingrained Corrupt Practices

Corruption is the abuse of high-level power that benefits the few at the expense of the many, and when corruption occurs on a grand scale it causes serious and widespread harm to individuals and society. 988 more words

Croatia: When Business Mixed With Politics

When Croatia’s government recently took over the administration of its largest firm – Agrokor – that employs some 60,000 people it also took over the solving of the company’s six billion dollars in debt. 817 more words

Agrokor aggravation: Do the Agrokor Group's tribulations threaten the Croatian construction sector?

Earlier this year, Croatia’s construction industry at last seemed on track for recovery after many dismal years of negative growth. 2015 saw a number of construction sectors moving into positive figures for the first time since 2009, but the recovery really took hold last year with all construction sectors likely to show positive growth once complete data for the year are available. 1,150 more words


Averting Yet Another Collapse Of Croatian Government

When upon my return from Croatia a few weeks ago I wrote about my observations on the state of the country one thing that rattled me a great deal was the extent to which the threatening bankruptcy of one private company… 1,157 more words

Moje razmišljanje o situaciji Agrokor i Vladi

Najkraći moguć sažetak situacije:

– Agrokor i pomoć države (porezi, krediti, itd) – Agrokor i država su imali prešutan dogovor – ti meni, ja tebi. To je bilo nešto u stilu Agrokor će zapošljavati više ljudi nego što mu treba, a država će okrenuti glavu. 434 more words


Joint solutions for stabilisation of business operations of “Agrokor Group”

BELGRADE – Serbian Prime Minister Aleksandar Vučić, Deputy Prime Minister and Minister of Trade, Tourism and Telecommunications Rasim Ljajić and Minister of Agriculture and Environmental Protection Branislav Nedimović spoke today with the ministers of trade and economy of Slovenia, Montenegro and Bosnia-Herzegovina about the current situation regarding business operations of “Agrokor Group”. 280 more words


Croatian Economy: Rogues, Thieves And Other Vermin

When the government of a former communist country (Croatia) brings about and takes over with forced administration a calamitously failed private company (it subsidised and helped along the way as did the communist Yugoslavia regime via nationalisation of private assets and borrowed money injections) the gut tells you, regardless of the threat of thousands of job losses if that company sinks, you’re more than likely dealing with attempts of cover-ups of major incompetence, possible embezzlement come thefts and politically driven paths to sell and hand over the company or notable parts of it to a new entity. 945 more words