Elixir Group (full legal name: ''
D.o.o za proizvodnju, promet i usluge Elixir Group Šabac'') is a Serbian
agribusiness
Agribusiness is the industry, enterprises, and the field of study of value chains in agriculture and in the bio-economy,
in which case it is also called bio-business or bio-enterprise.
The primary goal of agribusiness is to maximize profit ...
company. It is headquartered in
Šabac
Šabac ( sr-Cyrl, Шабац, ) is a List of cities in Serbia, city and the administrative centre of the Mačva District in western Serbia. The traditional centre of the fertile Mačva region, Šabac is located on the right banks of the river ...
,
Serbia
, image_flag = Flag of Serbia.svg
, national_motto =
, image_coat = Coat of arms of Serbia.svg
, national_anthem = ()
, image_map =
, map_caption = Location of Serbia (gree ...
.
History
Founded on 16 May 1990, Elixir Group has since grown from a family company to one of the biggest Serbian companies in the field of agribusiness, fertilizing and the wholesale of other agriculture products. In the beginning, the company had 3 subsidiaries, Elixir Agrar, Elixir Feed and Elixir Food.
By the end of 2011, Elixir Group bought once a great Yugoslavian fertilizer company, Zorka Šabac, with the plans to rebuild a ruined processing capacities.
On 16 July 2012 the company bought the main part of
Negotin
Negotin ( sr-cyrl, Неготин, ; ) is a town and municipality located in the Bor District of Southern and Eastern Serbia, eastern Serbia. It is situated near the borders between Serbia, Romania and Bulgaria. It is the judicial center of the Bo ...
-based bankrupt company IHP Prahovo for 4 million
euro
The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the ...
s. The company's main activity is producing phosphor components. In the first year of the company acquisition, Elixir Group invested more than 4.5 million euros, with plans of 25 million euros in the investments until 2015.
In May 2013, Elixir Zorka, a subsidiary of Elixir Group, opened a new fertilization facility, worth 30 million euros.
In June 2017, a
French
French may refer to:
* Something of, from, or related to France
** French language, which originated in France
** French people, a nation and ethnic group
** French cuisine, cooking traditions and practices
Arts and media
* The French (band), ...
agribusiness company "Le Groupe Roullier" invested in Elixir's factory of
monocalcium phosphate
Monocalcium phosphate is an inorganic compound with the chemical formula Ca(H2PO4)2 ("AMCP" or "CMP-A" for anhydrous monocalcium phosphate). It is commonly found as the monohydrate ("MCP" or "MCP-M"), Ca(H2PO4)2·H2O. Both salts are colourless so ...
.
Social responsibility
During the
2014 floodings in Serbia, the company donated 100 million
dinar
The dinar () is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار (''dīnār''), which was bor ...
s.
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 is a total of 3,475,894 hectares of used arable land in Serbia, comprising 67.12% of total ar ...
References
External links
*
*
Agriculture companies of Serbia
Companies based in Šabac
Agriculture companies established in 1990
D.o.o. companies in Serbia
Holding companies of Serbia
Serbian companies established in 1990
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