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Agrokor
Agrokor () was a conglomerate, largely centered in agribusiness, with headquarters in Zagreb, Croatia. Founded in 1976 as a flower grower, it became a joint stock company in 1989, with 100 percent ownership held by founder Ivica Todorić. It greatly expanded its operations in the following 25 years by acquiring several large companies in Croatia and Southeast Europe. The Agrokor group had an annual sales revenue of €6.465 billion in 2015, which made it the second-largest retail and eleventh-largest overall company in all of Southeast Europe. As of 31 December 2017, Agrokor employed around 50,900 people. On 1 April 2019, the assets of the demised Agrokor were consolidated within the newly founded Fortenova Group. Within Agrokor, whose primary activity was production and distribution of food and beverages, and retail trade, among others; they were also the largest Croatian producer of mineral and spring water Jamnica, ice cream company Ledo, oil, margarine, and mayonnaise produ ...
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Fortenova Group
Fortenova Group () is a food producer and retailer headquartered in Zagreb, Croatia. It began operations on 1 April 2019. The company was formed through the implementation of the Settlement Plan agreed upon by the creditors of Agrokor. Agrokor, due to financial insolvency and excessive debt, had entered pre-bankruptcy proceedings managed under the Extraordinary Administration Procedure in accordance with the Act on Extraordinary Administration Procedures in Companies of Systemic Importance to the Croatia, Republic of Croatia. Fortenova Group employs over 50,000 workers across its administrative headquarters, production plants, sales locations and distribution centers. The group also participates in its own business operations such as food production, Chain store, retail chain management, and agriculture on the markets of Croatia, Slovenia, Bosnia and Herzegovina, Serbia, and Montenegro, with business interests in Hungary. Fortenova Group is present in the markets of more than 20 ...
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Ivica Todorić
Ivica Todorić (; born 2 January 1951) is a Croatian businessman. Until June 2017, he was the owner and chairman of the board of Agrokor, the largest privately owned company in Croatia. The operations of Agrokor are focused on two core businesses: manufacturing of food and drinks, and retail. Biography Todorić was born in 1951. His mother, Ivana, was a teacher from Kloštar Ivanić. His father, Ante Todorić, was a prominent figure in the agricultural area of the Socialist Republic of Croatia and was the chief engineer and director of Božjakovina farm in Dugo Selo, where Todorić grew up. He went to school in Zagreb, where he also graduated from the Faculty of Economics. He went to school with the former prime minister Nikica Valentić. In 1976, Todorić launched a private company producing and trading flowers. In a few years he expanded the business throughout the former Yugoslavia. Business began to expand into new opportunities — import and export of cereals, oil crops, ...
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Zvijezda (company)
Zvijezda (officially: Zvijezda plus d.o.o.; ) is a Croatian edible oil manufacturing and processing company headquartered in Zagreb. It is owned by the Fortenova Group. History The company was established on 15 September 1916 in the capital city of Zagreb as Prva hrvatska tvornica ulja d. d. ("The First Croatian Oil Factory"), prompted by the decision of the Royal Croatian-Slavonian-Dalmatian Government of the Land to prohibit import of oilseeds, as well as by the lack of animal fats on the market due to wartime circumstances. Its purpose according to the foundation act was manufacturing, processing and selling edible oil. True to its name, it became the first oil factory in the region of Croatia-Slavonia and Dalmatia, crown lands of the Austro-Hungarian Empire. Among its first shareholders were Samuel David Alexander, a prominent industrialist, and Vjekoslav Heinzel, an architect and then-city representative of Zagreb. It had a venture capital of 500,000 Austro-Hungarian kro ...
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Konzum
Konzum is Croatia's largest supermarket chain, with over 700 stores throughout the country and more than 10,000 employees. Konzum serves over 650,000 customers each day. With its headquarters in Zagreb, Konzum is part of the Fortenova Group since 1 April 2019. There are Konzum stores in Bosnia and Herzegovina, Serbia and Montenegro as well. In July 2005 Konzum founded a chain of Pharmacy, drugstores, known as Kozmo. This chain, which by then had 42 stores with 242 employees, was sold to the ''Nexus ALPHA'' fund on 31 December 2009. In 2017 German retailer Müller (German trade company), Müller undertook all 70 Kozmo stores expanding its presence in Croatian drugstore market. History The first Konzum store was opened in Zagreb in 1957, which was first self-service retail store in Zagreb. ''Unikonzum'' was established in 1970 by joining four retail chain stores: ''Črnomerec'', ''Konzum'', ''Moslavka'' and ''Slavonia''. Konzum's business has been steadily growing and greatly ex ...
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Jamnica (company)
Jamnica plus LLC is a Croatian limited liability company which produces carbonated mineral water, as well as other bottled waters and soft drinks. It was founded on 18 October 1828, and operates as a part of the Beverages Group, an organizational division within the Fortenova Group. Through investments in modernization, development and new technologies, the Beverages Group has reached the position of one of the most modern European producers of natural mineral waters and soft drinks. Its total annual production rate of more than 600 million litres makes it the largest producer in this part of Europe. Jamnica's revenue in 2005 was 793.55 million Croatian kuna, HRK (c. United States dollar, $130 million). Jamnica's total revenue in 2011 reached HRK 1.2 billion. Jamnica made HRK 100.247 million profit before tax. Part of Jamnica plus LLC are the Jamnica bottling plant in Pisarovina and the Jana bottling plant in Gorica Svetojanska near Jastrebarsko. Since 2020, Jamnica plus has been ...
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Ledo (company)
Ledo d.d. is a Croatian-based producer of ice cream and frozen food headquartered in Zagreb. Ledo's total revenues in 2008 amounted to HRK 1.19 billion and increased by 16.7 percent compared to last year. The bulk of the income is made up of sales income in the country, which increased by 13.2 percent, and by 28.3 percent, the growth of income abroad is recorded. The realized net profit is HRK 89.4 million, which is an increase of 28.8 percent compared to the previous year. In 2013, at the conference of the International Association of Manufacturers of Ice Cream and Frozen Foods, Ledo Torta ice cream was recognized as the best in the world. It was partially owned by the Agrokor group, which restructured and rebranded as Fortenova Group in 2018. Ledo is one of the largest producers of frozen food and ice cream in Southeastern Europe. Apart from Croatia, it is also produced and sold in Bosnia and Herzegovina, Slovenia, Albania, Montenegro and Hungary.Beginning of 2021, Forteno ...
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Zagreb
Zagreb ( ) is the capital (political), capital and List of cities and towns in Croatia#List of cities and towns, largest city of Croatia. It is in the Northern Croatia, north of the country, along the Sava river, at the southern slopes of the Medvednica mountain. Zagreb stands near the international border between Croatia and Slovenia at an elevation of approximately above mean sea level, above sea level. At the 2021 census, the city itself had a population of 767,131, while the population of Zagreb metropolitan area is 1,086,528. The oldest settlement in the vicinity of the city was the Roman Andautonia, in today's Šćitarjevo. The historical record of the name "Zagreb" dates from 1134, in reference to the foundation of the settlement at Kaptol, Zagreb, Kaptol in 1094. Zagreb became a free royal city in 1242. In 1851, Janko Kamauf became Zagreb's List of mayors of Zagreb, first mayor. Zagreb has special status as a Administrative divisions of Croatia, Croatian administrative ...
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Cibona Tower
The Cibona Tower is a high-rise building located in the center of Zagreb, Croatia, on Dražen Petrović Square 3, near the Savska and Kranjčevićeva street intersection. It was built in 1987. With the hight of 92 meters (105 with antenna), Cibona makes one of the tallest buildings in Zagreb and Croatia. Technical information It is tall, and it has 25 levels above ground. There is a radio mast on the roof, which increases the height of the tower to . , Cibona Tower is ranked 6th by height in Croatia. The tower is a part of the complex that comprises lower business objects, a 5,400-seat basketball hall, and an art installation. The skyscraper is a cylinder, in diameter, which reduces its diameter in four stages, and ends up with a radio mast. The facade is derived in dark steel, totally reflective glass, and black granite. The windows are not fixed. The first stage ends up on the 21st floor, second on the 23rd floor, third on the 24th floor, and the fourth on the 25th floo ...
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SFR Yugoslavia
The Socialist Federal Republic of Yugoslavia (commonly abbreviated as SFRY or SFR Yugoslavia), known from 1945 to 1963 as the Federal People's Republic of Yugoslavia, commonly referred to as Socialist Yugoslavia or simply Yugoslavia, was a country in Central and Southeast Europe. It was established in 1945, following World War II, and lasted until 1992, dissolving amid the onset of the Yugoslav Wars. Spanning an area of in the Balkans, Yugoslavia was bordered by the Adriatic Sea and Italy to the west, Austria and Hungary to the north, Bulgaria and Romania to the east, and Albania and Greece to the south. It was a one-party socialist state and federation governed by the League of Communists of Yugoslavia, and had six constituent republics: Bosnia and Herzegovina, Croatia, Macedonia, Montenegro, Serbia, and Slovenia. Within Serbia was the Yugoslav capital city of Belgrade as well as two autonomous Yugoslav provinces: Kosovo and Vojvodina. The country emerged as Democratic Fede ...
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Zadar
Zadar ( , ), historically known as Zara (from Venetian and Italian, ; see also other names), is the oldest continuously inhabited city in Croatia. It is situated on the Adriatic Sea, at the northwestern part of Ravni Kotari region. Zadar serves as the seat of Zadar County and of the wider northern Dalmatian region. The city proper covers with a population of 75,082 , making it the second-largest city of the region of Dalmatia and the fifth-largest city in the country. Today, Zadar is a historical center of Dalmatia, Zadar County's principal political, cultural, commercial, industrial, educational, and transportation centre. Zadar is also the episcopal see of the Archdiocese of Zadar. Because of its rich heritage, Zadar is today one of the most popular Croatian tourist destinations, named "entertainment center of the Adriatic" by ''The Times'' and "Croatia's new capital of cool" by ''The Guardian''. UNESCO's World Heritage Site list included the fortified city of Zadar ...
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Joint-stock Company
A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited companies. Some jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other countries that have adopted its model of company law, they are known as unlimited ...
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