February 27 (SeeNews) - Suppliers and creditors of Croatia's Agrokor support the government in its search for a new receiver of the ailing concern and want the process of extraordinary administration and talks towards settlement to continue, the government said.
The suppliers and creditors expect a new receiver to be appointed as soon as possible, the government said late on Monday following their meeting with prime minister Andrej Plenkovic and his close aides.
"Everyone is interested in seeing the process continue," Plenkovic said at a news conference aired by broadcaster HRT.
Among the representatives of the creditors present at the meting were Russian banks Sberbank and VTB, as well as US-based hedge fund Knighthead Capital.
"We expect a new emergency administrator to be appointed shortly. It is essential to recognise that that process needs to bring together creditors and suppliers and that they need to work together," local media quoted Thomas Wagner from Knighthead as saying.
Wanger, according to news agency Hina, also said that the creditors are working together to find a solution to benefit Croatian citizens.
Last Wednesday, Agrokor's outgoing receiver, Ante Ramljak, said he has handed in his irrevocable resignation to the prime minister, after it emerged that he had hired his former employer, Texo Management consultancy, to advise on the process of Agrokor restructuring. It was also made public that at the time Agrokor and Texo Management signed the consultancy services contract, Ramljak was still formally employed by Texo.
Plenkovic said also on Wednesday that a section on conflict of interest may be added to the law on emergency administration of companies of systemic importance for the country's economy.