February 27 (SeeNews) - Companies within troubled food and retail concern Agrokor said on Tuesday they are unable to publish their 2017 financial statements by the deadline on February 28.
"Due to the extensiveness and complexity of the work being done within the emergency administration, the issuer will not be able to publish the 4Q 2017 statements by 28.02.2018", the units said in identical statements.
The units noted they are working on completing their financial statements and will notify the public of the new date of publication as soon as possible.
Last week, the Zagreb Stock Exchange temporarily suspended from trading eight companies of Agrokor over the resignation of the receiver of the concern, Ante Ramljak.
The shares of frozen food producer Ledo [ZSE:LEDO-R-A], food company Belje [ZSE:BLJE-R-A], meat processing company PIK-Vinkovci [ZSE:PIVK-R-A], news stand operator Tisak [ZSE:TISK-R-A], agricultural conglomerate Vupik [ZSE:VPIK-R-A], mayonnaise and margarine maker Zvijezda [ZSE:ZVZD-R-A], soft drinks and water bottling co Jamnica [ZSE:JMNC-R-A] and wholesaler Zitnjak [ZSE:ZTNJ-R-A] were suspended from trading temporarily.
Croatia's government decided on Tuesday to appoint Fabris Perusko as new receiver of Agrokor to replace Ramljak. The government also approved the appointment of Irena Weber as Perusko's deputy. The decisions have been forwarded to the Zagreb Commercial Court for approval.