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Vučić announces measures in Serbia regarding the Agrokor case

Serbian Prime Minister Aleksandar Vučić announced on Saturday that the Government of Serbia and the National Bank of Serbia (NBS) will prepare a plan to ensure that money from companies connected to the Agrokor system does not leave Serbia.

“We currently have no problems here, but we do not want them to arise… We cannot and will not all sink with ‘Agrokor,'” Vučić stated at a press conference after a meeting with companies supplying Merkator S.

Vučić assured the employees of Merkator S, which operates as part of the Agrokor group, that they can sleep peacefully because Merkator in Serbia is a “good company.”

He reminded that there are 12,000 employees in the Agrokor system in Serbia, of which 8,900 are in “Merkator,” while the others are in the companies Frikom, Dijamant, and Mivela.

>>>SDP establishes crisis headquarters to assist Agrokor suppliers and workers

Explaining that the Government and NBS will prepare a plan to prevent money from companies in the Agrokor system from leaving Serbia, Vučić said this would be part of government support.

“We can do that, and it would be within the framework of government support, how to resolve 102 million in long-term loans, and for other companies – we will ensure that money does not leave Serbia. We will introduce some additional protective measures,” Vučić said, emphasizing that consumers and suppliers need to have confidence in Merkator S, and that there are almost no delays in payments to companies supplying Merkator S. Vučić also announced that he would talk with Slovenian Prime Minister Miro Cerar on Sunday “because the relationship with Slovenia is important for Serbia.”

“It is important that we set up a barrier with them against all the problems that are in Croatia,” Vučić stated regarding the Agrokor case, pointing out that “in Croatia, Agrokor has a debt to suppliers of two billion euros,” and that this is “difficult to resolve.” He asserted that “Serbian suppliers are the safest, but Serbia has other risks.”

“We have the largest exports in the region to BiH and we have a problem because Konzum BiH is directly dependent on what is happening in Zagreb,” Vučić said. He also announced that he would present a solution for “Dijamant,” “Frikom,” and “Mivela,” but refused to discuss details.