“A meeting between the Croatian Prime Minister and Deputy Prime Minister and Agriculture Minister and the First Deputy Chairman of the Executive Board of Sberbank was held in the government building on Tuesday. The focus of discussion was on reaching a settlement deal with regard to the Agrokor concern.

Prime Minister Andrej Plenković and Deputy Prime Minister Tomislav Tolušić received the First Deputy Chairman of the Executive Board of Sberbank Maxim Poletaev today. Also attending were Agrokor’s crisis manager Fabris Peruško and his deputy Irena Weber. The Russian state-owned bank is Agrokor’s largest creditor, with roughly 1.1 billion Euros in outstanding debts.

Given that the completion of the settlement process is entering its final stages, Prime Minister Plenković decided to inform himself as to how the process was progressing from the crisis manager and the Sberbank representative, as the Russian bank will emerge as the largest single stake-holder in Agrokor.

The Sberbank representative emerged from today’s meeting optimistic, saying that the entire process could be completed by the end of the month. ‘The situation has changed dramatically now. We are happy that our conversation has become very constructive. We want to reach a settlement as soon as possible. We plan to keep our stake in Agrokor in the future,’ Poletaev said.” (Voice of Croatia)