Jandroković: There are many protagonists who do not want the successful restructuring of Agrokor

The President of the Croatian Parliament Gordan Jandroković and the envoy of the Prime Minister and Minister of the Interior Davor Božinović, who participated in the celebration of the 22nd anniversary of Zaprešić on Saturday, a city that has doubled its population in twenty years and reduced unemployment to just 4.6 percent, told reporters that they believe in a positive outcome of the restructuring process of Agrokor (tag).

Commenting on the situation in Agrokor, they stated that the law on this company has avoided bankruptcy as the worst possible scenario and conveyed that they believe in a positive outcome of the restructuring process.

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When asked whether he believes in the success of the plan for Agrokor or if there is a fear that everything will end up in arbitrations worth billions of kuna like the Ina-Mol case, Jandroković said in Zaprešić that the adoption of ‘lex Agrokora’ was necessary because otherwise it would have gone into uncontrolled bankruptcy, which would mean bankruptcy for dozens of Croatian companies and the loss of tens of thousands of jobs.

Jandroković believes that the main companies of Agrokor will continue to operate

He added that the process is ongoing and that he believes in a positive outcome because otherwise, they would not be participating in it.

“Regardless of numerous challenges, numerous protagonists, there are many who do not want this project to succeed, I am positive about it and believe that in the end, it will be good, all the heads of the companies from the Agrokor group I believe will continue to operate, that the maximum possible number of jobs will be preserved, and most importantly, that the Croatian economy will maintain its stability and positive trend.

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Božinović, when asked by reporters whether the public should know who wrote ‘lex Agrokor’, said that this law was adopted in the usual procedure, that the Government and relevant ministries worked on it, and that ministers defended this law before parliamentary committees and answered questions from representatives.

Božinović believes that Croatia has avoided the worst possible scenario, which is the bankruptcy of such a large group. “What is important is that it is not about any nationalization, there are creditor councils that will agree on ways of restructuring in the next phase,” said Božinović.

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Regarding the Ina-Mol arbitration case in Washington, Jandroković said that the next hearing is in March next year. “Croatia has chosen a quality legal team, has good arguments, and I hope for a positive outcome,” he emphasized.

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Regarding the purchase of shares in Ina, he said that the Government has also sent a very clear political message. “Work is being done on that, these are all processes that take quite a while, however, they need to be well prepared and very cautiously and wisely managed throughout the process,” said Jandroković.

Zaprešić, a city that has doubled its population in twenty years

The President of the Parliament Jandroković and envoy of the Prime Minister Božinović laid a wreath in front of the monument to fallen defenders from the Homeland War in Zaprešić, after which they attended a ceremonial session of the City Council at the Public Open University in Zaprešić.

Congratulating the citizens on the 22nd birthday of the city, Jandroković said that all residents can be proud of the results when it comes to employment with an unemployment rate of just 4.6 percent and education as Zaprešić has the highest educational structure in the Zagreb County, and is probably at the very top in the entire country.

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Most importantly, Jandroković added, is that this is a city that has doubled its population in twenty years and has an age structure of 35 years.

Božinović said that Zaprešić is a safe city just as Croatia is a safe country because if it were not so, there would not have been more than 15 million foreign guests in Croatia this summer. The city functions in all segments, and it is certainly one of the most promising cities in Croatia that could serve as an example for other communities, said Božinović.