Croatia's most powerful magnet is sought

World October 22, 2017 07:48

zagreb - Croatia's most powerful entrepreneur, Ivica Todoric, has issued an international arrest warrant because he is suspected of accounting fraud. Todoric (66) is the founder of Agrokor, Croatia's largest retailer.

However, the company is in major financial difficulties and is on the brink of bankruptcy. Todoric is probably in London.

Croatia has nationalized the company to protect the company from falling over. There are over 60,000 people working at Agrokor. Bankruptcy would have a lot of impact on the Balkan country.

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