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Pavao Vujnovac nikada nije krio svoje planove s Fortenovom. Vlasnik Prvog plinarskog društva još prošle je godine na Liderovoj konferenciji Dan velikih planova detaljno opisao što namjerava napraviti s vlasničkim udjelom u posrnulom koncernu Ivice Todorića.

Nikad mu, rekao je tada, ideja nije bila dugoročno upravljanje Fortenovom. Kada se koncern našao u problemima, on je prepoznao dobru priliku za zaradu. Kupovao je dionice koje nitko nije htio. U kompaniji čiji su vlasnici postali vlasnici silom prilika. Pretvaranjem potraživanja u udjele.

- Dionice su tad bile po mom mišljenju podcijenjene. Nije bilo ni jednog hrvatskog dioničara, niti strane koja je razmišljala o biznisu. U vlasništvu su bili razni financijski fondovi, banke i svi su bili u toj poziciji ne svojom željom – ispričao je tada Vujnovac glavnom uredniku Lidera Miodragu Šajatoviću. Plan je imao tri faze. Prva je izlazak ruskih banaka iz vlasničke strukture Fortenove.

- U drugoj fazi ćemo refinancirati dug, a u trećoj fazi će Fortenova završiti na IPO-u koji očekujem za godinu i pol. Tada ću ja izaći iz velikog dijela vlasništva sa zaradom, a kompanija će dobiti kapital za daljnji razvoj. Kompanija poput Fortenove treba imati diverzificirano vlasništvo i institucionalne ulagače – poručio je u rujnu 2022. Vujnovac. Prvoj fazi operacije svjedočimo ovih dana.

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Prvoj fazi Vujnovčeva plana s Fortenovom svjedočimo ovih dana

 

Boris Kovačev/Cropix
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Fortenova Group TopCo B.V., nizozemska holding kompanija i krovni vlasnik Fortenova grupe d.d. najavila je promjenu vlasničke strukture. Ruske banke koje se nalaze pod sankcijama EU-a zbog agresije Rusije na Ukrajinu izlaze iz vlasništva, a novi većinski vlasnik bit će tvtka Open Pass, čiji je vlasnik Vujnovac.

Za kompletnu operaciju Vujnovac će izdvojiti pola milijarde eura, plus moguće dodatnih 160 milijuna eura. Od tog iznosa dio će ići na isplatu sadašnjim dioničarima, koji nisu pod sankcijama, a dio ruskim bankama, koje drže 49,99 posto udjela. Procjenjuje se da će Sberbank i VTB dobiti 200 milijuna eura.

Tijekom Todorićeve ere Agrokor je uzimao kredite od talijanskog Unicredita. Kada su Talijani odlučili prestati pratiti poslovanje Todorićevih tvrtki, uskočile su ruska Sberbank i VTB. U trenutku kada Todorić više nije mogao financirati kredite, a Fortenovu preuzela privremena uprava, nenaplaćeni Todorićevi dugovi pretvoreni su u vlasničke udjele u Fortenovi.

Ruska je strana u nekoliko navrata pokušala prodati svoj udjel. Prvo mađarskom fondu Indotek, čiji je vlasnik Daniel Jellinek blizak mađarskom premijeru Viktoru Orbanu. Potom su ruski udjel trebale preuzeti mirovinski fonda koja djeluju u Hrvatskoj: Allianz, AZ Erstea, PBZ Croatije i RBA-a. Cijena koju su trebali platiti za 42 posto udjela Sber banke iznosio je u jesen prošle godine pola milijarde kuna.

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Tko će, nakon Vujnovca, biti novi gazda Fortenove  

Darko Tomaš/Cropix
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Tu je kupoprodaju podržala i hrvatska Vlada. Sve je bilo dogovoreno, a onda je njemačka centrala Allianza zaustavila čitav posao. Kako preostala tri mirovinska fonda nisu mogla izvojiti toliki novac bez AZ fonda, deal je propao.

Rusi su pokušali i sa šeikom Saifom Jaffairom Markhanom Alketbijem iz Ujedinjenih arapskih emirata, ali je njegov ulazak u Fortenovu zaustavio nizozemski sud. Nagađalo se da bi on bio samo paravan za zadržavanje ruskih pozicija u Fortenovi. No taj se plan izjalovio.

Igre i igrice s ruskim udjelom završit će, po svemu sudeći Vujnovčevim preuzimanjem. Iznos koji će slavonski tajkun u konačnici platiti za to tek je nešto veći od iznosa kojega je Todorić platio za kupnju slovenskog Merkatora, samo jedne kompanije iz sastava Fortenove. Ruske banke će pak dobiti osjetno manje nego da je uspio dogovor s mirovinskim fondovima. Ovoga puta očito je prevagnula logika "daj što daš". •

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Pavao Vujnovac - nikad mu ideja nije bila dugoročno upravljanje Fortenovom

 

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Pavao Vujnovac - nikad mu ideja nije bila dugoročno upravljanje Fortenovom

 

Neja Markičević/Cropix ) [1] => stdClass Object ( [src] => https://static.slobodnadalmacija.hr/images/slike/2023/12/02/26146612.jpg [title] =>

Prvoj fazi Vujnovčeva plana s Fortenovom svjedočimo ovih dana

 

Boris Kovačev/Cropix ) [2] => stdClass Object ( [src] => https://static.slobodnadalmacija.hr/images/slike/2023/12/02/26146610.jpg [title] =>

Tko će, nakon Vujnovca, biti novi gazda Fortenove  

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Pavao Vujnovac nikada nije krio svoje planove s Fortenovom. Vlasnik Prvog plinarskog društva još prošle je godine na Liderovoj konferenciji Dan velikih planova detaljno opisao što namjerava napraviti s vlasničkim udjelom u posrnulom koncernu Ivice Todorića.

Nikad mu, rekao je tada, ideja nije bila dugoročno upravljanje Fortenovom. Kada se koncern našao u problemima, on je prepoznao dobru priliku za zaradu. Kupovao je dionice koje nitko nije htio. U kompaniji čiji su vlasnici postali vlasnici silom prilika. Pretvaranjem potraživanja u udjele.

- Dionice su tad bile po mom mišljenju podcijenjene. Nije bilo ni jednog hrvatskog dioničara, niti strane koja je razmišljala o biznisu. U vlasništvu su bili razni financijski fondovi, banke i svi su bili u toj poziciji ne svojom željom – ispričao je tada Vujnovac glavnom uredniku Lidera Miodragu Šajatoviću. Plan je imao tri faze. Prva je izlazak ruskih banaka iz vlasničke strukture Fortenove.

- U drugoj fazi ćemo refinancirati dug, a u trećoj fazi će Fortenova završiti na IPO-u koji očekujem za godinu i pol. Tada ću ja izaći iz velikog dijela vlasništva sa zaradom, a kompanija će dobiti kapital za daljnji razvoj. Kompanija poput Fortenove treba imati diverzificirano vlasništvo i institucionalne ulagače – poručio je u rujnu 2022. Vujnovac. Prvoj fazi operacije svjedočimo ovih dana.

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image

Prvoj fazi Vujnovčeva plana s Fortenovom svjedočimo ovih dana

 

Boris Kovačev/Cropix
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Fortenova Group TopCo B.V., nizozemska holding kompanija i krovni vlasnik Fortenova grupe d.d. najavila je promjenu vlasničke strukture. Ruske banke koje se nalaze pod sankcijama EU-a zbog agresije Rusije na Ukrajinu izlaze iz vlasništva, a novi većinski vlasnik bit će tvtka Open Pass, čiji je vlasnik Vujnovac.

Za kompletnu operaciju Vujnovac će izdvojiti pola milijarde eura, plus moguće dodatnih 160 milijuna eura. Od tog iznosa dio će ići na isplatu sadašnjim dioničarima, koji nisu pod sankcijama, a dio ruskim bankama, koje drže 49,99 posto udjela. Procjenjuje se da će Sberbank i VTB dobiti 200 milijuna eura.

Tijekom Todorićeve ere Agrokor je uzimao kredite od talijanskog Unicredita. Kada su Talijani odlučili prestati pratiti poslovanje Todorićevih tvrtki, uskočile su ruska Sberbank i VTB. U trenutku kada Todorić više nije mogao financirati kredite, a Fortenovu preuzela privremena uprava, nenaplaćeni Todorićevi dugovi pretvoreni su u vlasničke udjele u Fortenovi.

Ruska je strana u nekoliko navrata pokušala prodati svoj udjel. Prvo mađarskom fondu Indotek, čiji je vlasnik Daniel Jellinek blizak mađarskom premijeru Viktoru Orbanu. Potom su ruski udjel trebale preuzeti mirovinski fonda koja djeluju u Hrvatskoj: Allianz, AZ Erstea, PBZ Croatije i RBA-a. Cijena koju su trebali platiti za 42 posto udjela Sber banke iznosio je u jesen prošle godine pola milijarde kuna.

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image

Tko će, nakon Vujnovca, biti novi gazda Fortenove  

Darko Tomaš/Cropix
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Tu je kupoprodaju podržala i hrvatska Vlada. Sve je bilo dogovoreno, a onda je njemačka centrala Allianza zaustavila čitav posao. Kako preostala tri mirovinska fonda nisu mogla izvojiti toliki novac bez AZ fonda, deal je propao.

Rusi su pokušali i sa šeikom Saifom Jaffairom Markhanom Alketbijem iz Ujedinjenih arapskih emirata, ali je njegov ulazak u Fortenovu zaustavio nizozemski sud. Nagađalo se da bi on bio samo paravan za zadržavanje ruskih pozicija u Fortenovi. No taj se plan izjalovio.

Igre i igrice s ruskim udjelom završit će, po svemu sudeći Vujnovčevim preuzimanjem. Iznos koji će slavonski tajkun u konačnici platiti za to tek je nešto veći od iznosa kojega je Todorić platio za kupnju slovenskog Merkatora, samo jedne kompanije iz sastava Fortenove. Ruske banke će pak dobiti osjetno manje nego da je uspio dogovor s mirovinskim fondovima. Ovoga puta očito je prevagnula logika "daj što daš". •

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Neja Markičević/Cropix Boris Kovačev/Cropix Darko Tomaš/Cropix
Neja Markičević/Cropix

Pavao Vujnovac - nikad mu ideja nije bila dugoročno upravljanje Fortenovom

 

Boris Kovačev/Cropix

Prvoj fazi Vujnovčeva plana s Fortenovom svjedočimo ovih dana

 

Darko Tomaš/Cropix

Tko će, nakon Vujnovca, biti novi gazda Fortenove  

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Što će Vujnovac s Fortenovom? Njegov je plan - isplatiti Ruse, refinancirati dug, a zatim na svemu dobro zaraditi

Piše Marina Karlović-Sabolić
3. prosinca 2023. - 10:58

Pavao Vujnovac nikada nije krio svoje planove s Fortenovom. Vlasnik Prvog plinarskog društva još prošle je godine na Liderovoj konferenciji Dan velikih planova detaljno opisao što namjerava napraviti s vlasničkim udjelom u posrnulom koncernu Ivice Todorića.

Nikad mu, rekao je tada, ideja nije bila dugoročno upravljanje Fortenovom. Kada se koncern našao u problemima, on je prepoznao dobru priliku za zaradu. Kupovao je dionice koje nitko nije htio. U kompaniji čiji su vlasnici postali vlasnici silom prilika. Pretvaranjem potraživanja u udjele.

- Dionice su tad bile po mom mišljenju podcijenjene. Nije bilo ni jednog hrvatskog dioničara, niti strane koja je razmišljala o biznisu. U vlasništvu su bili razni financijski fondovi, banke i svi su bili u toj poziciji ne svojom željom – is...

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13. svibanj 2024 22:13