Sitemap

MK Group invests 500 million euros in the region

CorD Recommends

Belgrade Among Finalists to Host the World Congress of the International Economic Association

The Serbian Association of Economists submitted an...

The EU Imported 105,000 Tons of Coconuts Worth 146 Million Euros Last Year

In 2023, European Union member states imported...

Novak Djokovic Secures Olympic Gold in Paris

In a historic display of tenacity and...

Foreign Tourists Fuel Positive Trends in Serbian Tourism

Serbia has witnessed a significant boost in...

French Companies EDF and Egis Industries to Conduct Study on Introducing Nuclear Energy in Serbia

The Serbian Ministry of Mining and Energy has awarded a contract to the French state energy company EDF and...

Analysts Predict Coffee Prices Could Reach Unimaginable Levels in the Future

Paying £5, or €5.9 for a cup of coffee in London, or $7 in New York, seems hard to...

MPC Properties Appoints Lucien Smits as New Chief Financial Officer

MPC Properties, a regional leader in the development, construction, and management of modern shopping destinations and business centres, with...

Pedja Stojaković Inducted into Basketball Hall of Fame

Former Serbian basketball player Predrag "Pedja" Stojaković, one of the greatest shooters in the game, has been inducted into...

Memorandum of Cooperation Signed Between NIS Serbia and Chinese Company SINOPEC

Serbian oil and gas company Naftna Industrija Srbije (NIS), a subsidiary of Gazprom, along with its Scientific and Technological...

In accordance with its strategic commitment, MK Group continues to invest in the sectors of agro, banking and tourism in Southeast Europe and plans to invest 500 million euros in these areas in the next 5 years, announced at the celebration of 35 years of business, highlighting the successful results that the company has achieved during the 3rd and a half decades of existence.

“When we founded the MK Group, we had three employees, and now this number is 7,000 people. They are all responsible for the success we have achieved, for all the opportunities and chances that have been turned into successful results,” said Miodrag Kostić, president of MK Group, adding that one of the biggest successes in the past is the fact that during all 35 years of companies remained a reliable partner.

“During 35 years of operation, our company has remained reliable support for its employees, associates, partners, but above all for 74 local communities in which it operates. Precisely thanks to this approach, one domestic company has become a regional leader in agrarian, banking and tourism, on what, you will agree, we can all be downgraded,” concluded Kostić.

Dušan Radičević, financial director of MK Group, spoke about past and future results: “In the year after us, we opened the Sheraton hotel in Novi Sad, we became the majority owner of the Portorož airport, we increased the stake in Gorenjska Banka, and now we are finalizing a strategic decision to merge our member companies MK Commerce and Agroglobe. We are very determined to consolidate the position of the leaders of Southeast Europe in the key areas of our business in the coming years. Since the founding to date, we have invested one billion euros in business, and how ambitious our plans for the future are our intention to invest an additional half a billion euros in agrar, banking and tourism in Serbia and the region in the next 5 years.”

The President of the Serbian Chamber of Commerce Marko Čadež, who attended the celebration, pointed out that MK Group contributes to the growth of the Serbian economy in the best way. “MK Group is not just a company that provides monthly salaries for 7,000 employees, a job for another 200,000 people and hundreds of other companies of its partners, which in the annual budget pays 109 million euros of taxes and contributions and as the largest exporter of our agrarian sector, strongly contributes to the Serbian performance on the international market. She is also a regional leader in the areas where she operates. MK Group, with its 75 member companies, is the best proof that Serbia also has large business systems capable of competing with the strongest competition, which seriously invests both at home and abroad of our country and successful businessmen who think strategically about investments in expansion, modernization and raising business efficiency, strengthens the positions of their companies and the Serbian economy in the region and the world. ”

Miljan Ždrale, Regional Director of the EBRD for Agribusiness Sector in Central and Southeastern Europe, emphasised that MK Group is a reliable partner and contributor.
“Companies like MK Group are important drivers of economic and economic growth in the markets of the Adriatic region. Through previous cooperation, we have been convinced that the MK Group is developing thanks to the significant improvement of corporate governance, which is more than the quality of some companies that are based solely on the management of one person. On the basis of everything we have together with the management of MK Group, I am convinced that in the future they will expect even better results in the future. Of that, the favour will certainly have about 30,000 cooperators, who together with MK Group cultivate 265,000 hectares of arable land. I look forward to the new MK Group projects in the future, and I wish them a lot of luck in the work, “said Ždrale.

During the celebration of this significant jubilee, the new visual identity and values of MK Group, as well as managers of all divisions operating within the MK Group system, were officially presented.

Related Articles

Serbia’s Chamber of Commerce to Open New Office in Skopje to Boost Economic Cooperation

The Chamber of Commerce of Serbia (PKS) is set to open a new office in Skopje to further strengthen economic relations between Serbia and...

By Marko Čadež, President of the Chamber of Commerce & Industry of Serbia, CCIS

Serbian House for New Business Partnerships

We will present the new face of the modern Serbia to the world. We will show Serbia as a new European technological and bio-economic...

Golubac Marks Milestone with Inauguration of Eastern Serbia’s First Wind Farm

In a significant development for Serbia's renewable energy sector, Golubac celebrated the grand opening of the "Krivača" wind farm, marking the region's first venture...

Serbian Chamber of Commerce Launches AI-Powered BizChat for Business Intelligence

In a groundbreaking move at the Kopaonik Business Forum, the Serbian Chamber of Commerce (PKS) unveiled BizChat, an innovative digital service powered by artificial...

Serbia’s Agrarian Giants: The Landowners Reshaping the Countryside

A recent survey has revealed Industrija mesa "Matijević" as the leading landholder in Serbia, highlighting significant shifts in the nation's agricultural sector. Close behind...

Serbia Eyes Stake in Thessaloniki or Piraeus Ports to Boost Exports

In a strategic move to enhance its export capabilities, Serbia has expressed readiness to acquire a portion of either the Thessaloniki or Piraeus ports,...

Marko Čadež, President Of The Chamber Of Commerce & Industry Of Serbia

Many Reasons For Optimism

In 2023 and 2024, room has opened up to significantly improve economic cooperation with Germany and break existing records. The Chamber of Commerce &...

Miodrag Kostić Becomes Largest Shareholder of Addiko Bank AG

Miodrag Kostić, the head of MK Group, has emerged as the principal shareholder of Austria-based Addiko Bank AG, which operates in six Southeast European...