MPC Holding ( sr-cyr, МПЦ Холдинг) is a Serbian

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

with the headquarters in

Belgrade Belgrade ( , ;, ; Names of European cities in different languages: B, names in other languages) is the Capital city, capital and List of cities in Serbia, largest city in Serbia. It is located at the confluence of the Sava and Danube rivers a ...

Serbia Serbia (, ; Serbian language, Serbian: , , ), officially the Republic of Serbia (Serbian language, Serbian: , , ), is a landlocked country in Southeast Europe, Southeastern and Central Europe, situated at the crossroads of the Pannonian Bas ...

History

MPC Holding was established on 24 November 1991 by the Serbian businessman Petar Matić. In 2002, MPC Holding bought and renovated at the time 105-meter tall

Ušće Tower Ušće may refer to: * Ušće, Belgrade, a settlement in Belgrade, Serbia * Ušće (Obrenovac), a village in the municipality of Obrenovac, city of Belgrade, Serbia * Ušće (Kraljevo) Ušće ( sr-cyr, Ушће) is a populated place in the town o ...

New Belgrade New Belgrade ( sr, / , ) is a municipality of the city of Belgrade. It is a planned city, built since 1948 in a previously uninhabited area on the left bank of the Sava river, opposite old Belgrade. In recent years, it has become the central bu ...

, which was partially damaged during the

NATO bombing of Yugoslavia The North Atlantic Treaty Organization (NATO) carried out an aerial bombing campaign against the Federal Republic of Yugoslavia during the Kosovo War. The air strikes lasted from 24 March 1999 to 10 June 1999. The bombings continued until an a ...

. The skyscraper was used as the headquarters of Central Committee of the

League of Communists of Yugoslavia The League of Communists of Yugoslavia, mk, Сојуз на комунистите на Југославија, Sojuz na komunistite na Jugoslavija known until 1952 as the Communist Party of Yugoslavia, sl, Komunistična partija Jugoslavije mk ...

from 1964 until 1990. In 2009, Ušće Shopping Center worth 150 million

euro The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . ...

s and spanning over 130,000 square meters was opened close to the Ušće Tower. In March 2008, MPC Holding bought Sarajevo-based

Holiday Inn Holiday Inn is an American chain of hotels based in Atlanta, Georgia. and a brand of IHG Hotels & Resorts. The chain was founded in 1952 by Kemmons Wilson, who opened the first location in Memphis, Tennessee that year. The chain was a division ...

Hotel. In March 2016, Dutch based "Atterbury Europe" investment group acquired one-third of ownership shares of MPC Holding. In December 2017, MPC Holding bought

Mercator Center Belgrade Mercator Center Belgrade ( sr, Меркатор Центар Београд), located in Belgrade's municipality of New Belgrade, is the biggest Mercator Serbia Center in the retail chain. Old Mercator The first Mercator center was opened in 1 ...

from the

Mercator Serbia Mercator Serbia ( sr, Меркатор Србија) or Mercator-S, is a Serbian supermarket chain, a part of Mercator Group, an international retail chain based in Slovenia. As of 2016, it has 15.98% market share in Serbia. History The company ...

for a sum of 46 million

s. In January 2018, MPC Holding announced that it started building the second skyscraper next to the Ušće Tower, and when finished it will be 103.9 meters high. It was opened on 11 June 2020. Also, in the summer of 2020, the company opened BEO Shopping Center and Navigator Business Center 2, all located in Belgrade. In December 2021, MPC Properties acquired Delta City Belgrade from South African investment fund Hyprop Investments.

Subsidiaries

* Mercata d.o.o. Belgrade * Plaza prima d.o.o. Belgrade * MPC Air d.o.o. Belgrade * Airfield d.o.o. Belgrade

References

External links

*
MPC Properties

MPC Holding d.o.o.
at bloomberg.com Companies based in Belgrade Conglomerate companies of Serbia D.o.o. companies in Serbia Holding companies established in 1991 Holding companies of Serbia Serbian companies established in 1991 {{Serbia-company-stub