Zagreb – The Croatian group Fortenova and Slovenian retailer Mercator have signed a contract under which the latter will get a EUR 385 million loan to restructure its debt to creditor banks, in a move that further enables the transfer of the Slovenian retailer from the bankrupt former owner Agrokor to Fortenova.
Belgrade – Serbia’s competition protection authority has cleared the transfer of Slovenian retailer Mercator to Croatian group Fortenova, thus clearing yet another hurdle for the step that follows the bankruptcy of Fortenova’s predecessor Agrokor. Fortenova expects the transfer to be completed at the end of the month.
Chinese PM Li Keqiang with Croatian PM Andrej Plenkovic during the 16+1 Initiative Summit. Photo: EPA-EFE/STR
Darko Horvat, the Croatian Economy, Entrepreneurship and Crafts Minister, said on Thursday that a delegation from "the world's largest shipbuilding industry" will visit the Uljanik and Treci Maj shipyards in Pula and Rijeka.
Zagreb County Court spokesman Kresimir Devcic said the court had decided that former Agrokor boss Ivica Todoric can avoid pre-trial jail by paying a hefty bail sum.
"The judges have altered the decision of the investigating judge regarding bail. They believe that, with appropriate precautions in place, bail can serve the same purpose as investigative detention," Devcic said.