Ivica Todorić, the former Agrokor boss, thinks that the largest Croatian company, which once lay in his very hands, was destroyed by politics, and not a bad economic policy.
As VLM/Poslovni Dnevnik writes on the 1st of February, 2019, Ivica Todorić, now living back in Croatia following his return from the British capital, in which he spent one year passing through London courts and attempting to fight his cause, decided to receive a television crew from Slovenia in his home and comment on the purchase of Mercator by the then enfeebled Agrokor, as well as his view on what exactly went wrong.
At first, he made sure to point out that nobody loves Mercator as he does, and he honestly believed that Mercator’s takeover was going to equal success for the Slovenian company, considering it a move which gave it the foundation it needed for its future development.
Asked if Agrokor would have survived if he hadn’t purchased Mercator, he replied that everyone is constantly talking about some sort of debt, but Agrokor never had big any debts.
”I mean, they were large [debts] but they weren’t in amounts that were not able to be handled,” noted the ex Agrokor boss.
As stated, Ivica Todorić thinks that the largest Croatian company has been destroyed politics, not a bad economic policy.
Questions about life after his flight to London and his eventual return to Croatia were met with open answers. ”It isn’t easy for me, I’m dependent on the help of friends,” he added that they helped them collect the bail money needed to leave Remetinec prison. He speaks of having living costs that aren’t particularly easy to cope with, a situation one could never have expected Ivica Todorić, who once graced the glossy pages of Forbes, to ever find himself in.
Although he is currently living in a huge property of 55,000 square metres, he made sure to justify it by emphasising the fact that that particular estate is divided up into what belongs to four families.
”This is my only piece of property. My part is worth about six million euros. I’m not trying to say that this isn’t much, but I was once the richest man in an area consisting of 200 million people,”
When asked about the background of court proceedings, he replied that Prime Minister Andrej Plenković and the Croatian Government were behind it. He also announced his planned entry into politics.
”We’ll set up a new party. I believe we’ll do well and that we’ll win a parliamentary majority,” he stated.
In just five days, Ivica Todorić collected a million euros for his release from Remetinec prison.
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Click here for the original article by VLM on Poslovni Dnevnik
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