Russian state-owned banks will receive almost half of Croatia's largest retailer. Agrokor's debt is settled on the eve of the quarterfinals of the Russian-Croatian World Cup. There are very few doubts in its outcome.
The High Court of London banned the bank of Herman Gref to demand from the ruined Agrokor money issued without any pledge in debt.
Now, it will be more difficult for German Gref to collect 1.3 billion euros from the largest Croatian company Agrokor.
The largest company in Croatia, the food retailer Agrokor, decided not to recognize the claims of its largest creditor, Sberbank, as it sued the company outside of Croatia.