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Agrokor has lodged an appeal against the decision on the confiscation of shares

12/24/2019

On December 24, 2019, Agrokor filed an appeal against the decision of the Public Agency for the Protection of Competition to seize Agrokor shares of Mercator, in order to secure the enforcement of the Agency's non-binding decision by which, in September 2019, the Agency fined Agrokor for not reporting the concentration.

Considering that it has to decide on the appeal within 48 hours, Agrokor expects that the competent Minor Offenses Court, even before the end of this year, will annul the decision on the seizure of shares, suspend the insurance procedure and return the seized shares to Agrokor, or delete from the register the ban on disposing of confiscated shares.

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