Agrokor

Fortenova Group, a Croatian company, was launched in April 2019 to take over Agrokor which had been in existence for more than 30 years. The newly established company, Fortenova Group is now solely managing all business matters and the subsidiaries of Agrokor. 

The group Agrokor was established in the year 1976 by Ivica Todorić. The headquarters is based in Zagreb, Croatia. Initially trading in flowers, Agrokor expanded and started to trade in the distribution and production of food and drinks. The business also entered the retail industry and ventured into sectors as well. 

Fortenova Group now reflects the new and modern vision of the company. 

During the first 9 months of operation (April to December 2019), Fortenova Group has generated a turnover of €2.6 billion, indicating that its revenue has increased by 3.5% compared to the previous year at the same period. 

Fortenova Group is involved through its various subsidiaries in the following categories:

• Dairy: cheese, etc.

• Savory Grocery: oil, margarine, condiments, sauces, etc.

• Drinks: mineral water, soft drinks, wine, etc.

• Frozen food: ice cream, vegetables, fruits, seafood, etc. 

Fortenova Group is involved in several sectors, namely:

• Food

• Agriculture

• Retail

• Other

In the Food sector, Fortenova Group owns the following subsidiaries:

• Jamnica: a Croatian manufacturer of mineral water and soft drinks. 

• Ledo: a producer and distributor of ice-cream and frozen foods

• Mladina: a wine producer

• Pik: a producer of meat products. 

• Zvijezda: a producer and distributor of food items such as oil, margarine, mayonnaise, sauces, cheese, etc.

• Roto: a drinks distributor offering products from over 130 local and international brands

• Solana: a producer of table salt. 

In the retail sector, Fortenova Group manages businesses:

• Konzum: a supermarket chain with over 600 stores

• Velpro: a wholesaler targeting businesses in the HoReCa sector

• Tisak: a retail chain offering tobacco products, printed materials, etc. 

In the agricultural sector, Fortenova Group operates several farms and facilities such as (not limited to):

• Agrolaguna: a producer of wine which is also involved in cattle farming and the cultivation of olives.

• Belje: an agricultural company that produces wine, cheese, cured meat, etc.

• Vinka: a producer of frozen fruit and vegetables. 

Fortenova Group is also involved in other sectors. Some of them are: :

• A007: a digital company which develops the online portion of Fortenova Group

• Agrokor Energila: a company that produces electricity from renewable energy sources

• Aviva Poliklinika: a provider of healthcare services

• Atlas: a travel agency

• Projektgradnja: a construction company