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MK Group
MK (Serbian Cyrillic alphabet, Serbian Cyrillic: МК Група) is a Serbian holding company which operates in the agriculture, banking, and tourism sector. The company was established in 1991, and has since expanded its business operations across Southeast Europe, 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 reg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Belgrade
New Belgrade (, ) is a Subdivisions of Belgrade, municipality of the city of Belgrade. It was a Planned community, planned city and now is the central business district of Serbia and South East Europe. Construction began in 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 business district of Belgrade and its fastest developing area, with many businesses moving to the new part of the city, due to more modern infrastructure and larger available space. With 209,763 inhabitants, it is the second most populous municipalities of Serbia, municipality of Serbia after Novi Sad. Geography New Belgrade is located on the left bank of the Sava River, in the easternmost part of the Srem region. Administratively, its northeastern section touches the right bank of the Danube, right before its confluence with the Sava. New Belgrade is located generally west of 'Old' Belgrade, to which it is connected by six ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sugar Industry
The sugar industry subsumes the production, Sugar refinery, processing and marketing of sugars (mostly sucrose and fructose). Globally, about 80% of sugar is extracted from sugar cane, grown predominantly in the tropics, and 20% from sugar beet, grown mostly in temperate climate in North America or Europe. Sugar is used for soft drinks, sweetened beverages, convenience foods, fast food, candy, confectionery, baking industry, baked products, and other sweetened foods. Sugarcane is used in the distillation of rum. Several countries Subsidy, subsidize sugar. Globally in 2018, around 185 million tons of sugar was produced, led by India with 35.9 million tons, followed by Brazil and Thailand. There are more than 123 sugar-producing countries, but only 30% of the produce is traded on the international market. Market Sugar subsidies have driven market costs for sugar well below the cost of production. As of 2019, 3/4 of world sugar production is never traded on the open market. Brazi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MK Fintel Wind
MK Fintel Wind is a Serbian renewable energy company. It is a joint venture between MK Group and the Italian Fintel Energia Group. History MK Fintel Wind was established on 6 March 2008. The company was the first to build and operate wind farms in Serbia. As of September 2016, the company had two wind farms in Serbia ("Kula" and "La Piccolina"), with 16.5 MW of installed capacity. In February 2018, MK Fintel Wind announced that it has signed an 81.5 million euros loan to finish the first phase of the construction of Košava wind farm, located near the city of Vršac Vršac ( sr-Cyrl, Вршац, ) is a city in the autonomous province of Vojvodina, Serbia. As of 2022, the city urban area had a population of 31,946, while the city administrative area had 45,462 inhabitants. It is located in the geographical .... On September 23, 2019, "Košava 1" wind farm with capacity of 69 MW was opened; it was company's third opened wind farm in Serbia. See also * Energy in Serbia Refer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Renewable Energy Sources
Renewable energy (also called green energy) is energy made from renewable natural resources that are replenished on a human timescale. The most widely used renewable energy types are solar energy, wind power, and hydropower. Bioenergy and geothermal power are also significant in some countries. Some also consider nuclear power a renewable power source, although this is controversial, as nuclear energy requires mining uranium, a nonrenewable resource. Renewable energy installations can be large or small and are suited for both urban and rural areas. Renewable energy is often deployed together with further electrification. This has several benefits: electricity can move heat and vehicles efficiently and is clean at the point of consumption. Variable renewable energy sources are those that have a fluctuating nature, such as wind power and solar power. In contrast, ''controllable renewable energy'' sources include dammed hydroelectricity, bioenergy, or geothermal power. Renew ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gorenjska Banka
Gorenjska Banka is a bank in Slovenia, headquartered in Kranj and established in 1996 as a self-standing credit institution. Overview Following a few years during which the National Bank of Yugoslavia was the only financial institution in the country, banks were established at the local level in 1955. A first municipal bank in Upper Carniola () was founded in Kranj on . It was soon followed by other banks in Škofja Loka, Radovljica, Tržič and Bled. These were then reorganized into a joint bank which in 1972 became part of the Ljubljanska banka system. On , it was transformed into a limited company in the system of the sister banks of Ljubljanska Banka. A process of separation from the Ljubljanska Banka group started in 1994 and led to Gorenjska Banka becoming an independent institution in 1996. By 2011 the Sava Group, a Slovenian conglomerate, held a controlling stake of 46 percent in Gorenjska Banka. In 2015, the Bank of Slovenia determined that the Sava Group was too financ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jubanka
Jubanka ( sr-Cyrl, Јубанка), formerly known as Alpha Bank Srbija, was a commercial bank based in Belgrade, Serbia. In December 2017, following the purchase in April 2017, it merged into AIK Banka. History The bank was founded in 1991 as Jubanka and was the fifth-largest bank in Serbia as of 2005. On 26 January 2005, Greek Alpha Bank officially agreed the purchase of an 88.64% stake in Serbian ''Jubanka''. By June 2005, its name was changed to Alpha Bank Beograd. In April 2017, AIK Banka (majority owned by MK Group MK (Serbian Cyrillic alphabet, Serbian Cyrillic: МК Група) is a Serbian holding company which operates in the agriculture, banking, and tourism sector. The company was established in 1991, and has since expanded its business operations acr ...) purchased 100% of shares of the company, and reverted its former name ''Jubanka''. On 22 December 2017, Jubanka has completed the process of merging into AIK Banka and more than 800 of its employees have left th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AIK Banka
AikBank (full legal name: ''AikBank a.d. Belgrade'') is a commercial bank based in Belgrade, Serbia. History 1976–2014 Upon being founded, AIK Banka initially operated as an internal bank of the Agro Industrial Combine (Agroindustrijsko komercijalna) Niš since 1976. On 10 August 1993, after obtaining the license of the National Bank of Yugoslavia, it became a full-fledged financial institution, working with legal entities and individual clients, registered as a joint venture. Greek ATEbank acquired 24.99% of common and 24.99% of preferential shares of AIK Banka in 2006 for an undisclosed amount. 2014–2025: Takeover by MK Group In February 2014, a Serbian company Sunoko (subsidiary of MK Group), became the major shareholder of the company with 50.37% of total shares at the time. On 1 July 2015, the bank moved its headquarters from Niš to Belgrade, and also changed its legal name to AIK Banka a.d. Belgrade. In 2015, AIK Banka became a member of the MK Group. By purchasing t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belgrade Stock Exchange
The Belgrade Stock Exchange (BELEX, ) is a stock exchange based in Belgrade, Serbia. The Stock exchange was founded in 1894 in the Kingdom of Serbia, after the King proclaimed the Stock exchange law of 1886. Currently, the Belgrade Stock Exchange is an observer member of Federation of Euro-Asian Stock Exchanges (FEAS) and an associate member of Federation of European Securities Exchanges (FESE). History On 22 February 2016, the Belgrade Stock Exchange decided to join SEE Link, and EBRD-sponsored regional network for trading securities. The Belgrade Stock Exchange is a member of the Federation of Euro-Asian Stock Exchanges. Directors *Dimitrije Stamenković 1894 *Milan Stojadinović 1941 *Gordana Dostanić 2002 – 2015 *Siniša Krneta 2015 – Indexes Belgrade Stock Exchange currently has two indices: * BELEXline, the general benchmark index of the Belgrade Stock Exchange. * BELEX15, representing the 15 most liquid stocks. See also * List of European stock exchang ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brokerage Firm
A broker is a person or entity that arranges transactions between a Purchasing, buyer and a sales, seller. This may be done for a commission (remuneration), commission when the deal is executed. A broker who also acts as a seller or as a buyer becomes a :wikt:principal, principal party to the deal. Neither role should be confused with that of an Agent (law), agent—one who acts on behalf of a principal party in a deal. Definition A broker is an independent party whose services are used extensively in some industries. A broker's prime responsibility is to bring sellers and buyers together and thus a broker is the third-person facilitator between a buyer and a seller. An example would be a real estate broker who facilitates the sale of a property. Brokers can furnish market research and market data. Brokers may represent either the seller or the buyer but generally not both at the same time. Brokers are expected to have the tools and resources to reach the largest possible base o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ADM (company)
The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide. ADM ranked No. 35 in the 2023 ''Fortune'' 500 list of the largest United States corporations. The company also provides agricultural storage and transportation services. The American River Transportation Company along with ADM Trucking, Inc., are subsidiaries of ADM. ADM has been the subject of significant media attention and infamy over the years with its various scandals, one inspiring a novel and subsequent film '' The Informant!.'' History Early history In 1902, John W. Daniels started a linseed crushing business in Minneapolis, Minnes ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ADM Europe. 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. On 31 October 2019, it was excluded from trading at the Belgrade Stock Exchange. See also * Agriculture in Serbia * List of companies of the Socialist Federal Republic of Yugoslavia This list comprises notable companies that participated in the economy of the Socialist Federal Republic of Yugo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Victoria Group
ADM Nutrition Holding, formerly known as Victoria Group ( sr-cyr, Викторија Група), was a Serbian holding company with the headquarters in Belgrade, Serbia. It was a majority owner by Netherlands-based ADM (company), ADM Europe. The company had a total of 15 companies within its holding, which performs a variety of services, mainly agribusiness and Wholesaling, wholesale. History ADM Nutrition Holding was founded on 8 November 2001 in Belgrade, FR Yugoslavia, under name Victoria Group, by Serbian businessmen Stanko Popović, Milija Babović and Zoran Mitrović. Since 2015, ADM Nutrition Holding 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
