Ivica Todorić
| Ivica Todorić | |
|---|---|
| Born | 1951 Zagreb, Socialist Federal Republic of Yugoslavia (present-day Zagreb, Republic of Croatia) |
| Residence | Zagreb, Croatia |
| Nationality | Croatian |
| Alma mater | University in Zagreb |
| Occupation | Chairman of Agrokor |
| Net worth |
 € 2 bilion (2017) |
Ivica Todorić (pronounced [îʋit͜sa tôdorit͜ɕ]; born 1951, Zagreb) is a Croatian businessman. He is the Chairman of the Board of the Agrokor Group – the largest privately owned company in Croatia and one of the leading ones in southeast Europe according to total revenues. The operations of Agrokor Group are focused on two core businesses: food and drinks production and retail.
Ivica Todorić was born in 1951. His mother Ivana was a teacher from Kloštar Ivanić (province of Zagreb). His father, Ante Todorić, was a prominent figure in the agricultural area of Socialist Republic of Croatia: he was the chief engineer and director of Bozjakovina farm in Dugo Selo, where Todorić grew up. He went to school in Zagreb, where he also graduated from the Faculty of Economics. He went to school with former prime minister Nikica Valentić.
In 1976, Ivica Todorić launched a private production and trading of flowers. In a few years he expanded the business throughout former Yugoslavia. Business then began to expand into new opportunities - import and export of cereals, oil-crops, fruits and vegetables, and in 1989 Agrokor was registered as a joint stock company, with Todorić becoming its 100% stockholder. By acquiring agricultural processing and food production companies, as well as retail stores, Agrokor grew to become a leading regional conglomerate. He seized the opportunity of the war to acquire new assets.
Agrokor's operations accelerated during the Franjo Tuđman presidency. In 1993, Ivica Todorić obtained a very advantageous loan from the Zagrebačka banka to acquire the First Croatian Oil Factory and DIP Turopolje. In 1994, Agrokor acquired wholesale retailer Unikonzum and frozen goods company Ledo. Today the group includes leading producers of food and drinks and the largest Croatian retail chain. In 2013, Agrokor bought Mercator, Slovenia’s biggest retailer and largest employer, for 240 million euros. In 2014, Agrokor hired Rothschild & Co to prepare an IPO.
...
Wikipedia