Serbian holding company
44°49′01″N 20°25′37.8″E / 44.81694°N 20.427167°E / 44.81694; 20.427167
Victoria Group (Serbian Cyrillic: Викторија Група) is a Serbian holding company with the headquarters in Belgrade, Serbia. It is a majority owner by Netherlands-based ADM Europe. Victoria Group has a total of 15 companies within its holding, which performs a variety of services, mainly agribusiness and wholesale.
History
Victoria Group was founded on 8 November 2001 in Belgrade, FR Yugoslavia, by Serbian businessmen Stanko Popović, Milija Babović and Zoran Mitrović.[4]
Since 2015, Victoria Group began accumulating debt, finishing 2015 and 2016 calendar year, with total net loss in range of 50 million euros.[5] In November 2017, company's management confirmed media reports that it is seeking strategic partnership with investors due to capital loss over last years and over-indebtedness of the company.[6]
In July 2018, it was announced that Serbian holding company MK Group has bought the majority of shares of indebted Victoria Group.[7][8]
On November 22, 2021, MK Group, together with Milija Babović and Apsara limited, sold 100% of shares to ADM Europe for undisclosed amount.[9]
Market and financial data
Victoria Group was ranked as the third net exporter company of Serbia and first in food-processing sector for the calendar year of 2015, mainly though its subsidiary companies Sojaprotein and Victoriaoil.[10]
Subsidiaries
This is a list of subsidiary companies of Victoria Group:[11]
- Victoria Logistic d.o.o.
- Victoriaoil a.d.
- Sojaprotein a.d.
- SP Laboratorija a.d.
- Fertil d.o.o.
- Luka Bačka Palanka d.o.o.
- Veterinarski zavod a.d. Subotica
- Victoria Phosphate d.o.o.
- Vobex Intersoja
- Victoria Food d.o.o.
- Activex d.o.o.
- Živinarstvo promet d.o.o.
- Victoria Starch d.o.o.
- Ribotex d.o.o.
- Agrofamily d.o.o.
See also
References
External links