Russian Sberbank takes over the shares of companies in BiH

Economists estimate that if Bosnia and Herzegovina (BiH) is the first to pay for the economic crime that took place in Croatia since BH. Politicians did not react adequately and on time.

Ljubljana and Zagreb Sberbank launched the enforcement proceedings of the shares of Jamnica in Sarajevo Kiseljak, thus attempting to collect the debt of Agrokor composed and Jamnica. Economists estimate that in this way showed that BiH will first pay for the economic crime that took place in Croatia since BH. Politicians did not react adequately and on time.

Municipal Court in Kiseljak issued a decision which is Ljubljana and Zagreb branch of Sberbank approved seizure of shares of Sarajevo Kiseljak, which are owned by Jamnica, announced the company Jamnica within Agrokor, which is engaged in the production of mineral water. The value of the seized shares amounts to 67.4 million convertible marks (34.5 million euros).The legal and economic point of view there is nothing objectionable, says a professor at the Faculty of Economy in Sarajevo, Muris Čičić because Sarajevo sorrel long ago privatized.

"The Court in Kiseljak, means Bosnian court made that decision and now instead Jamnice shares of Sberbank and has to Sarajevo sorrel it does not necessarily mean a change in the business. However, what in this situation eye-catching is the fact that the crisis that broke out in another state now is poured into Bosnia and Herzegovina and here the debt charges, but not where it was made, because Jamnica being the shareholders gave the bill Sarajevski Kiseljak bank when was the product of one of the loans. E, it causes unpleasant reflections in all of us. "

As a reminder, when it came to light that the Croatian concern Agrokor in debt and the possible case of economic crime, the Croatian government adopted a special law, Lex Agrokor, which is to protect the assets of the company in Croatia.Slovenia and Serbia insisted that signed similar agreements by which prevents the money from these countries goes to cover the debts of Agrokor.But such a law is not signed with Bosnia and Herzegovina and Montenegro, and the collection is part of Agrokor's long and started in BiH.

BiH failed to respond adequately because BiH. Politicians defending national interests of other countries, says economist Zoran Pavlovic and adds:

"BiH is a country of complex political structure, and with it all in combination with national interests that are refracted between Croatian, Serbian. All this makes it ineffective in making any decision at the highest level of management in BiH. While Serbia has made a decision to ban money transfers from Serbia for the debts of Agrokor, BiH did not do it because here nobody feels responsible. That is why our suppliers, which Agrokor owes 132 million collateral damage, because there was no one to protect them.

This our irresponsibility, inefficiency and the absence of any harmonization in the behavior of people from the top of Bosnia and Herzegovina between the Croatian interests, in this case, the interests of Bosnia and Herzegovina have done that we got into a position to become collateral damage Agrokor relations. As we see, and Sberbank began with the seizure of assets of enterprises in BiH, which are given as mortgage for loans that are certainly not invested in Bosnia and Herzegovina. I sincerely hope that we will come to some criminal charges because in the spider's web of related relations with Agrokor and companies in the region have been very many transactions they deserve and the closure of responsible people who have agreed to such transfers. "

Pavlovic adds that it is precisely this behavior BiH. Politicians contribute in every similar situation butt pull workers in BiH, as was the case with Slovenian TUS-player, singer, and now with Agrokor.Vice President of the Foreign Trade Chamber of Bosnia and Herzegovina Bruno Bojic said for Radio Free Europe (RFE) that in this situation do not need to worry about who will be the owner of the Sarajevo Kiseljak, as is now the owner from abroad, as is the case with ice Èitluk and Star, which are also part of the Agrokor.

"What we need to worry about is to comply with all contractual obligations they have towards our suppliers and continued cooperation in BiH. Mr. Ante Ramljak said that the 45 million cumulative return of BH. Suppliers - 15 million through the edge of Mercator and $ 30 million that we thought borrow from Agrokor. In such a way to perform a capital increase of Konzum and so would the Sarajevo Kiseljak and Ledo Čitluk became owners of a majority stake of Konzum in Bosnia and Herzegovina. "

He called Commissioner for Agrokor Ante Ramljak that as soon as it comes in BiH in order to confirm that the earlier agreement will be respected. Muharem Cero, an expert on State Property, in the case of confiscation of shares of Sarajevo Kiseljak says that in all probability this scenario planned from the beginning, as soon as Croatia signed Lex Agrokor, and warns that Montenegro can now expect a similar situation with the companies that are on its territory.

Recall about a month and a half Ledo company from the composition of Agrokor, announced that it had received the decision of the Commercial Court in Belgrade on interim measures of prohibition of disposal and load share of the Croatian company has in the Serbian Frikom.The Court therefore granted the request of the Russian Sberbank, which has requested an interim measure to secure claims of 100 million euros plus interest, in respect of the loan agreement in February this year.

Ledo has prepared an appeal against that decision. Serbia is at the request of the Russian Sberbank banks temporarily banned Ice available content that the company has in Frikom, but that does not mean that Sberbank became the owner of Frikom nor does it affect the company's business, passed in August Belgrade media.

• 19 Oct, 2017
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