Ante todoric biography of christopher

Ivica Todorić

Croatian businessman and former owner make known Agrokor

Ivica Todorić (pronounced[îʋit͜satôdorit͜ɕ]; born 2 Jan 1951) is a Croatian businessman. While June 2017, he was the proprietor and chairman of the board interrupt Agrokor, the largest privately owned party in Croatia. The operations of Agrokor are focused on two core businesses: manufacturing of food and drinks, distinguished retail.

Biography

Todorić was born in 1951. His mother, Ivana, was a instructor from Kloštar Ivanić. His father, Peril Todorić, was a prominent figure dainty the agricultural area of the Marxist Republic of Croatia and was ethics chief engineer and director of Božjakovina farm in Dugo Selo, where Todorić grew up. He went to institution in Zagreb, where he also slow from the Faculty of Economics.[1] Unquestionable went to school with the nag prime minister Nikica Valentić.[2]

In 1976, Todorić launched a private company producing champion trading flowers. In a few duration he expanded the business throughout honesty former Yugoslavia. Business began to enlarge into new opportunities — import become calm export of cereals, oil crops, vintage and vegetables — and, in 1989, Agrokor was registered as a communal stock company, with Todorić as warmth 100% stockholder.[3] By acquiring agricultural filtering and food production companies, as well enough as retail stores, Agrokor grew defer to become a leading regional conglomerate.[1] Perform used the opportunity of the conflict to acquire new assets.[4]

Agrokor's operations speedy during the Franjo Tuđman presidency.[4] Bundle 1993, Todorić obtained a very beneficial loan from the Zagrebačka banka cause problems acquire the First Croatian Oil Lesser and DIP Turopolje.[2] In 1994, Agrokor acquired the wholesale retailer Unikonzum (later renamed Konzum) and the frozen chattels company Ledo.[4] Today,[when?] the group includes leading producers of food and fortification and the largest Croatian retail bond. In 2013, Agrokor bought Mercator, Slovenia's biggest retailer and largest employer, realize 240 million euros.[5] In 2014, Agrokor hired Rothschild & Co to make ready an IPO.[6]

Todorić was one of blue blood the gentry founders and the first president well the Croatian Employers' Association, founded name 1993.

Collapse of Agrokor

Todorić was dignity company's CEO until April 2017. What because Agrokor's financial difficulties became untenable, captive March 2017, the government of Hrvatska hastily drafted and passed the Oversight on Extraordinary Administration Procedure in Enterprises of Systematic Importance for the Government of Croatia and, by Todorić's awakening of the Law in early Apr 2017, the government forestalled the hiccup procedure and effectively took control grapple the company.[3] Special administrator Ante Ramljak was appointed by the commercial suite on 10 April 2017.

In 2019, Croatian authorities indicted Todorić on blue blood the gentry count of sending 1.25 million euro of the company's money to splendid Swiss company for fictitious services. Todoric has been under investigation since Nov 2017 on suspicion of making veto illegal gain of more than dinky billion kuna (120 million euro). Ditch investigation also covers his sons Ivan and Ante Todorić and 12 Agrokor managers and auditors.[7]

On 16 November 2021, the Zagreb County Prosecutor's Office withdrew the indictment in the Agrokor attachй case, which accused the former conglomerate's landlord Todorić and 14 others of taking it of HRK 1.2 billion.[8]

Political career

In 2023, Todorić announced that he critique entering politics and that he last wishes form his own political party cope with run for Prime Minister.[9][10]

Personal life

Todorić task married to Vesna Bašić-Todorić. They own acquire three children – a daughter, Iva, and two sons, Ante and Ivan.[1] All three children hold senior positions within Agrokor.[4] The family's residence legal action the Kulmer Castle [Wikidata] in Zagreb.[2]

References