May 24 (SeeNews) - The Zagreb Stock Exchange (ZSE) has issued public warnings to the companies within Croatia's troubled concern Agrokor which have failed to publish their financial statements for 2017 and the first quarter of 2018 by the set deadlines.
Bourse rules and the capital market act require listed companies to publish their annual financial statements within four months of the last day of the business year and their first-quarter statements by the end of April, the ZSE said in separate warnings to Agrokor companies on Wednesday.
The companies concerned are frozen foods 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 producer Zvijezda [ZSE:ZVZD-R-A], soft drinks and water bottling company Jamnica [ZSE:JMNC-R-A] and wholesaler Zitnjak [ZSE:ZTNJ-R-A].
The ZSE said it has decided to issue public warnings because Agrokor companies have violated its rules several times within a year.
In February, the ZSE temporarily suspended from trading eight companies of Agrokor over the resignation of the crisis manager of the concern, Ante Ramljak. In early March, the bourse decided to keep them suspended until regular trading can be resumed without causing damage to investors.
Their last trading day was February 20.