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 Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

with the headquarters in

Belgrade Belgrade is the Capital city, capital and List of cities in Serbia, largest city of Serbia. It is located at the confluence of the Sava and Danube rivers and at the crossroads of the Pannonian Basin, Pannonian Plain and the Balkan Peninsula. T ...

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

MPC Holding was established on 24 November 1991 by the Serbian businessman

Petar Matić Petar Matić may refer to: * Petar Matić Dule (1920–2024), Yugoslav war veteran and general * Peter Matić (1937–2019), Austrian stage, film, television and voice actor * Petar Matić (businessman) (born 1966), Serbian businessman and amate ...

. In 2002, MPC Holding bought and renovated at the time 105-meter tall Ušće Tower at

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 un ...

, which was partially damaged during the

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

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

League of Communists of Yugoslavia The League of Communists of Yugoslavia, known until 1952 as the Communist Party of Yugoslavia, was the founding and ruling party of SFR Yugoslavia. It was formed in 1919 as the main communist opposition party in the Kingdom of Serbs, Croats ...

from 1964 until 1990. In 2009, Ušće Shopping Center worth 150 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 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 by IHG is a chain of hotels based in Atlanta, Georgia and a brand of IHG Hotels & Resorts. The chain was founded in 1952 by Kemmons Wilson (1913–2003), who opened the first location in Memphis, Tennessee. 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 from the

Mercator Serbia Mercator Serbia () also known as Mercator-S, is a Serbian supermarket chain and a part of Mercator (retail), Mercator Group, an international retail chain based in Slovenia. As of 2016, it holds a 15.98% market share in Serbia. History The compan ...

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