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Croatia's Studenac Buckles Under Debt After Its Dash for Growth

Summary by Bne IntelliNews
Croatia's biggest grocery chain by store count has asked for court protection, eight years after a private equity owner began a debt-funded expansion that tripled its network.

5 Articles

Center

For the first time, A&G Logistike 01 da se otvori stečaj tog trgovačkog lanca jer ga smatra neosnovanim, ta je tvrtka uzvratila požurnicom sudu za otvaranje stečaja, navodeći da je […] Objava Studenac traži da sud odbaci prijedlog za njegovim stečajem, A&G ga požuruje pojavila se prvi puta na Novi list.

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AFTER Studenac asked the court this morning to reject A&G Logistika 01's proposal to open bankruptcy for the retail chain because it considers it unfounded, the company responded with a rush letter to the court to open bankruptcy, stating that Studenac is over-indebted, which is a reason for bankruptcy under the relevant law.

·Zagreb, Croatia
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After Studenac asked the court on Monday morning to reject A&G Logistika 01's proposal to open bankruptcy for the retail chain because it considers it unfounded, the company responded with a rush letter to the court to open bankruptcy, stating that Studenac is over-indebted, which is a reason for bankruptcy under the relevant law.

“A&G's proposal to open bankruptcy proceedings against a pre-bankrupt debtor constitutes an abuse of procedural powers,” Studenc said in a filing with the Commercial Court in Split

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24sata.hr broke the news on Monday, September 28, 2026.
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