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Victoria Group
Victoria Group ( sr-cyr, 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. Since 2015, Victoria Group began accumulating debt, finishing 2015 and 2016 calendar year, with total net loss in range of 50 million euros. 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. In July 2018, it was announced that Serbian holding company MK Group has bought the majority of shares of indebted Victoria Group. On November 22, 2021, MK Group, together with ...
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Victoria Group
Victoria Group ( sr-cyr, 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. Since 2015, Victoria Group began accumulating debt, finishing 2015 and 2016 calendar year, with total net loss in range of 50 million euros. 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. In July 2018, it was announced that Serbian holding company MK Group has bought the majority of shares of indebted Victoria Group. On November 22, 2021, MK Group, together with ...
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Joint-stock Company
A joint-stock company is a business entity in which shares of the company's capital stock, stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their share (finance), shares (certificates of ownership). Shareholders are able to transfer their shares to others without any effects to the continued existence of the company. In modern-day corporate law, the existence of a joint-stock company is often synonymous with incorporation (business), incorporation (possession of legal personality separate from shareholders) and limited liability (shareholders are liable for the company's debts only to the value of the money they have invested in the company). Therefore, joint-stock companies are commonly known as corporations or limited company, limited companies. Some jurisdiction (area), jurisdictions still provide the possibility of registering joint-stock companies without limited liability. In the United Kingdom and in other count ...
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FR Yugoslavia
Serbia and Montenegro ( sr, Cрбија и Црна Гора, translit=Srbija i Crna Gora) was a country in Southeast Europe located in the Balkans that existed from 1992 to 2006, following the breakup A relationship breakup, breakup, or break-up is the termination of a relationship. The act is commonly termed "dumping omeone in slang when it is initiated by one partner. The term is less likely to be applied to a married couple, where a brea ... of the Socialist Federal Republic of Yugoslavia (SFR Yugoslavia) which bordered Hungary to the north, Romania to the northeast, Bulgaria to the southeast, North Macedonia, Macedonia to the south, Croatia and Bosnia and Herzegovina to the west, and Albania to the southwest. The state was founded on 27 April 1992 as the Federal Republic of Yugoslavia, known as FR Yugoslavia or simply Yugoslavia which comprised the Republic of Serbia (1992–2006), Republic of Serbia and the Republic of Montenegro (1992–2006), Republic of Montenegr ...
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Holding Companies Established In 2001
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * '' The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series '' Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * " Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ...
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Conglomerate Companies Of Serbia
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable activ ...
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Companies Based In Belgrade
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Agriculture Companies Of Serbia
Agriculture or farming is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities. The history of agriculture began thousands of years ago. After gathering wild grains beginning at least 105,000 years ago, nascent farmers began to plant them around 11,500 years ago. Sheep, goats, pigs and cattle were domesticated over 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. Industrial agriculture based on large-scale monoculture in the twentieth century came to dominate agricultural output, though about 2 billion people still depended on subsistence agriculture. The major agricultural products can be broadly grouped into foods, fibers, fuels, and raw materials (such as rubber). Food classes include cereals (grains), vegetables, fruits, cooking oils, meat, milk, ...
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2018 Mergers And Acquisitions
Eighteen or 18 may refer to: * 18 (number), the natural number following 17 and preceding 19 * one of the years 18 BC, AD 18, 1918, 2018 Film, television and entertainment * ''18'' (film), a 1993 Taiwanese experimental film based on the short story ''God's Dice'' * ''Eighteen'' (film), a 2005 Canadian dramatic feature film * 18 (British Board of Film Classification), a film rating in the United Kingdom, also used in Ireland by the Irish Film Classification Office * 18 (''Dragon Ball''), a character in the ''Dragon Ball'' franchise * "Eighteen", a 2006 episode of the animated television series ''12 oz. Mouse'' Music Albums * ''18'' (Moby album), 2002 * ''18'' (Nana Kitade album), 2005 * '' 18...'', 2009 debut album by G.E.M. Songs * "18" (5 Seconds of Summer song), from their 2014 eponymous debut album * "18" (One Direction song), from their 2014 studio album ''Four'' * "18", by Anarbor from their 2013 studio album '' Burnout'' * "I'm Eighteen", by Alice Cooper commonly ...
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Agriculture In Serbia
Agriculture in Serbia is an important sector of the Economy of Serbia comprising 6.0% of GDP and is valued at 2.416 billion euros (as of 2017). There is a total of 3,475,894 hectares of used arable land in Serbia, comprising 67.12% of total arable land available (including land under forest). Agricultural production is mostly present in northern province of Vojvodina on the fertile Pannonian Plain (45% of all used arable land), and the southern lowlands adjacent to the Sava, Danube and Great Morava rivers. There has been a sharp decline in agricultural activity since 1948, when almost three-quarters of the population engaged in farming, to the present one-sixth. It is estimated that around 1.1 million people in Serbia (15.70% of total population) is employed on agricultural farms, with around 530,000 being employed in farms all-year long (as of 2018). As of 2018, there is a total of 564,542 agricultural farms in Serbia, of which the vast majority of 99.7% are traditional family ...
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Sojaprotein
Sojaprotein (full legal name: ''Sojaprotein a.d. za preradu soje Bečej'') is a Serbian agribusiness company that produces soy-based products. It is headquartered in Bečej, Serbia. It is majority owned by Victoria Group. Sojaprotein processes exclusively non-GMO soybeans. History Founded on 22 June 1977, Sojaprotein started regular production six years later, in 1983. The company was privatised in 2002 and became a subsidiary of Serbian Victoria Group. Since then, Sojaprotein increased the capacity of the production; total revenue increased from 54 million euros in 2002 to 133 million euros in 2012. On 17 March 2004, it was admitted to the free market of the Belgrade Stock Exchange. Market and financial data As of 22 March 2019, Sojaprotein has a market capitalization of 20.82 million euros. See also * Agriculture in Serbia Agriculture in Serbia is an important sector of the Economy of Serbia comprising 6.0% of GDP and is valued at 2.416 billion euros (as of 2017). There ...
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MK Group
MK Group (Serbian Cyrillic: МК Група) is a Serbian holding company which operates in the agriculture, banking, and tourism sector. The company was established in 1983 and has since expanded its business operations across South East Europe with a special focus on 4 countries in the region: Serbia, Slovenia, Croatia and Montenegro. History In 1983, Serbian economist and businessman Miodrag Kostić began a private business, initially as an owner of a private company for trade, import-export and manufacturing activities. MK Group now operates in several countries: Serbia, Slovenia, Croatia and Montenegro. Divisions Agribusiness Since 2000, MK Group has managed sugar industry factories (factories Pećinci, Vrbas, Kovačica), more than 10 agribusiness enterprises, trade and warehouse complexes ("Granex-port", "Žito Bačka"). Sunoko, a subsidiary of MK Group, is one of the leading companies in sugar production both in Serbia and the region. In 2011, MK Group took over "Carn ...
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Wholesaling
Wholesaling or distributing is the sale of goods or merchandise to retailers; to industrial, commercial, institutional or other professional business users; or to other wholesalers (wholesale businesses) and related subordinated services. In general, it is the sale of goods in bulk to anyone, either a person or an organization, other than the end consumer of that merchandise. Wholesaling is buying goods in bulk quantity, usually directly from the manufacture or source, at a discounted rate. The retailer then sells the goods to the end consumer at a higher price making a profit. According to the United Nations Statistics Division, ''wholesale'' is the resale of new and used goods to retailers, to industrial, commercial, institutional or professional users, or to other wholesalers, or involves acting as an agent or broker in buying merchandise for, or selling merchandise to, such persons or companies. Wholesalers frequently physically assemble, sort, and grade goods in large lot ...
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