Ramljak Apparently Unscathed In Belgrade

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Ante Ramljak, the Government Administrator for Agrokor, visited Belgrade today to speak to DPM and Minister of Trade Rasim Ljajić, President of the Chamber of Commerce Marko Čadež, and directors of Agrokor companies in Serbia.  According to Jutarnji List, Ramljak informed his interlocutors that restructuring of the company should be finished within 12 to 15 months. He also apparently excluded the possibility of Agrokor bankruptcy, and stated that the holding is “proceeding towards normalization of operations of Agrokor companies in the region”. Ramljak stated that Dijamant and Frikom are “fully prepared for the upcoming harvest season”. He also informed his hosts with plans and timelines for Agrokor restructuring, and in particular about plans for Agrokor companies operating in Serbia. Those companies employ some 11,000 workers, making them a major concern for the Serbian government.  In turn, Ljajić’s office issued a press statement saying that “Ramljak and his associates were informed about actions of the Serbian Government aimed at preserving stability of operations of Agrokor companies in Serbia, preservation of jobs and protection of suppliers”.   Heads of Merkator S, Aleksandar Seratlić; Dijamant, Vladimir Milović; and Frikom, Gojko Đošić, were also present in the meeting.

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