Ambassador: Russian Banks Have Played a Constructive Role in Fortenova Group

Total Croatia News

ZAGREB, July 1, 2019 – Russia’s Ambassador to Croatia, Anvar Azimov, said on Monday that the situation at the Fortenova Group, previously called Agrokor, was stable and that Russian banks Sberbank and VTB had played a constructive role in ensuring the present stability.

Azimov was speaking to the press on the sidelines of the Zagreb-Moscow economic forum at the Croatian Chamber of Commerce.

Asked if the Russian interests in the Fortenova Group were well protected and if the Russian side was satisfied with the new company’s leadership, he said that the situation was good and that both sides were pleased.

“The new company is stable. We are hoping for a good profit,” Azimov said.

Asked if Sberbank, the main creditor of the former Agrokor food and retail conglomerate and now the single largest shareholder in the new company, would remain in Fortenova, the ambassador said he did not know how long it would stay, adding that he does know that it is present and involved.

Azimov said that “the problem has been solved” and that Sberbank and VTB had played a constructive role in it.

More news about Fortenova Group, the former Agrokor group can be found in the Business section.


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