20-06-2025
Retailer's Refinancing Caps Revival Under Croatian Tycoon
Hi, this is Jasmina Kuzmanovic in Zagreb. Welcome to our weekly newsletter on what's shaping economics and investments from the Baltic Sea to the Balkans. You can subscribe here.
When the biggest food producer and retailer in the Balkans unraveled in 2017, the Croatian government had to step in to salvage the company from near-bankruptcy and oust the man who owned it. In doing so, it helped save the biggest employer in Croatia and the surrounding region, not to mention a network of suppliers.
