PM Plenkovic: It's too early to know how Agrokor will function in future

Prime Minister Andrej Plenkovic on Wednesday said that it was too early to speak about how Agrokor will function in the future and whether individual companies within the conglomerate would be sold or whether it would remain as a complete whole.

The Jutarnji List daily on Wednesday wrote that the developments around the conglomerate were quickly unwinding and that it would not be "carved up," while Plenkovic said that the idea behind the emergency administration was to overhaul Agrokor's business and finances and to reach settlements with creditors.

"It is important that a complete solution is found. It is in the government's and state's interest and of all stakeholders that jobs are retained and that companies within the Agrokor conglomerate are functioning. These are the two fundamental objectives. Naturally, the option of whether the company will function as a whole or in separate companies in the future is yet to be seen in the weeks and months to come when we see how the final settlement will look like. At the moment, it is too early to predict that stance," he said.

He reiterated that pursuant to the law the Agrokor inquiry commission ceases to exist as soon as a particular issue becomes the subject of a judicial proceeding and added that the government and Croatian Democratic Union (HDZ) were open to the idea of a "debate in parliamentary committees, wherever that is necessary."

With reference of demands by the Opposition that the emergency administration presents what it has been doing in Agrokor in parliament, Plenkovic said that that information was publicly available and anyone can read it.

He claimed that there are no indications of where Ivica Todoric might be.

Text: Hina

News | Plenkovic Andrej