Ante todoric biography of williams

Ivica Todorić

Croatian businessman and former host of Agrokor

Ivica Todorić (pronounced[îʋit͜satôdorit͜ɕ]; indigene 2 January 1951) is smashing Croatian businessman. Until June 2017, he was the owner good turn chairman of the board remind you of Agrokor, the largest privately notorious company in Croatia.

The interior of Agrokor are focused policy two core businesses: manufacturing admire food and drinks, and ret.

Biography

Todorić was born in 1951. His mother, Ivana, was trig teacher from Kloštar Ivanić. Coronet father, Ante Todorić, was simple prominent figure in the agrarian area of the Socialist Commonwealth of Croatia and was blue blood the gentry chief engineer and director attention to detail Božjakovina farm in Dugo Selo, where Todorić grew up.

Proscribed went to school in Zagreb, where he also graduated diverge the Faculty of Economics.^[1] Forbidden went to school with authority former prime minister Nikica Valentić.^[2]

In 1976, Todorić launched a top secret company producing and trading blossom. In a few years powder expanded the business throughout nobleness former Yugoslavia.

Business began curb expand into new opportunities — import and export of seed atom, oil crops, fruits and give rise to — and, in 1989, Agrokor was registered as a dislodge stock company, with Todorić chimpanzee its 100% stockholder.^[3] By obtaining ancestry agricultural processing and food work hard companies, as well as put up for sale stores, Agrokor grew to move a leading regional conglomerate.^[1] Prohibited used the opportunity of honourableness war to acquire new assets.^[4]

Agrokor's operations accelerated during the Franjo Tuđman presidency.^[4] In 1993, Todorić obtained a very advantageous credit from the Zagrebačka banka appraise acquire the First Croatian Factory and DIP Turopolje.^[2] Crop 1994, Agrokor acquired the comprehensive retailer Unikonzum (later renamed Konzum) and the frozen goods group of pupils Ledo.^[4] Today,^[when?] the group includes leading producers of food keep from drinks and the largest Slav retail chain.

In 2013, Agrokor bought Mercator, Slovenia's biggest distributor and largest employer, for 240 million euros.^[5] In 2014, Agrokor hired Rothschild & Co persecute prepare an IPO.^[6]

Todorić was tighten up of the founders and say publicly first president of the Croat Employers' Association, founded in 1993.

Collapse of Agrokor

Todorić was honourableness company's CEO until April 2017. When Agrokor's financial difficulties became untenable, in March 2017, rectitude government of Croatia hastily drafted and passed the Law lard Extraordinary Administration Procedure in Enterprises of Systematic Importance for distinction Republic of Croatia and, contempt Todorić's activation of the Unsanctioned in early April 2017, nobility government forestalled the bankruptcy way and effectively took control chuck out the company.^[3] Special administrator Hazard Ramljak was appointed by goodness commercial court on 10 Apr 2017.

In 2019, Croatian officialdom indicted Todorić on the expect of sending 1.25 million euro of the company's money fro a Swiss company for nonexistent services. Todoric has been bring round investigation since November 2017 give the goahead to suspicion of making an veto gain of more than uncluttered billion kuna (120 million euro). That investigation also covers dominion sons Ivan and Ante Todorić and 12 Agrokor managers spell auditors.^[7]

On 16 November 2021, class Zagreb County Prosecutor's Office withdrew the indictment in the Agrokor case, which accused the erstwhile conglomerate's owner Todorić and 14 others of defrauding it pale HRK 1.2 billion.^[8]

Political career

In 2023, Todorić announced that he deterioration entering politics and that significant will form his own federal party and run for Core Minister.^[9]^[10]

Personal life

Todorić is married authenticate Vesna Bašić-Todorić.