Business 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 as its 100% stockholder.
[3] By acquiring agricultural processing and food production companies, as well as retail stores, Agrokor grew to become a leading regional conglomerate.
[4] In 1993, Todorić obtained a very advantageous loan from the Zagrebačka banka to acquire the First Croatian Oil Factory and DIP Turopolje.
When Agrokor's financial difficulties became untenable, in March 2017, the government of Croatia hastily drafted and passed the Law on Extraordinary Administration Procedure in Enterprises of Systematic Importance for the Republic of Croatia and, by Todorić's activation of the Law in early April 2017, the government forestalled the bankruptcy procedure and effectively took control of the company.
Todoric has been under investigation since November 2017 on suspicion of making an illegal gain of more than a billion kuna (120 million euro).
[7] On 16 November 2021, the Zagreb County Prosecutor's Office withdrew the indictment in the Agrokor case, which accused the former conglomerate's owner Todorić and 14 others of defrauding it of HRK 1.2 billion.