Crisis management represents the process of preparing for a crisis, responding to a crisis, and recovering from it. A crisis is any situation that can threaten business, organization or people. The basic goal of crisis management is to make the right decisions at the right time in order to avoid a business crisis or to minimize damage. Crisis management is focused on identifying the crisis, but also on making decisions to combat the crisis. That is why the role of crisis management is not uniform, but it changes according to the needs of the company or organization itself. As such, crisis management has one of the biggest functions in the company because it anticipates possible emergencies and tries to solve them. All actions in crisis management are aimed at finding a solution to the crisis. Crisis management is characterized by speed and quality. That is why the crisis management team consists of responsible and professional people who are familiar with business and who have enough responsibility to deal with the crisis. In the process of finding a solution, the crisis team must make numerous analyzes of the company and business results in order to know how to approach the crisis. The emergence of a crisis in a company is not a rare case. One of these affected the Agrokor concern in 2017. The Agrokor concern with its owner Ivica Todorić was one of the strongest companies in Western Europe until 2017, until they fell into a crisis from which they will never recover. The crisis of that company refers to the losses they created by buying new companies. Due to the neglect of the crisis, it became bigger and bigger. At the end of 2017, the crisis became a threat to the economy of the entire country. This led to the passing of the Lex Agrokor, which took over the power of the extraordinary administration, which tried to pull the company out of the crisis. The procedure was unsuccessful, and in 2022 Agrokor ceased to exist by being deleted from the court register.