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EBRD remains shareholder in Agrokor

By Axel  Reiserer

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Following Agrokor's successful raising of a €485 million loan, the Croatian food and beverage company and the European Bank for Reconstruction and Development have redefined their relationship. In order to facilitate this transaction, the EBRD will remain a minority shareholder in Agrokor with a 2.31 per cent-stake to further support the successful development of the company.

The changes were finalised and approved by an Agrokor shareholders meeting in Zagreb.

Since the EBRD become a shareholder in Agrokor in 2006, the company has been strengthening its core operations both in food and retail, leveraging on professional management teams driving forward innovation and brand creation. Over the years, Agrokor has grown to become the leading food and beverage producer as well as food retailer in Croatia and beyond.

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