Miodrag Kostić

Miodrag Kostić (Serbian Cyrillic: Миодраг Костић; born on 25 August 1959) is a Serbian businessman. Kostić is the founder and owner of MK Group a diversified holding company focusing primarily on agribusiness. As of 2014, he is the 2nd richest man in Serbia right after Miroslav Mišković, with an average net worth of 520 million euros.[1]

Miodrag Kostić
Born (1959-08-25) 25 August 1959
Vrbas, SFR Yugoslavia
NationalitySerbian
Alma materUniversity of Novi Sad
OccupationBusinessman
Years active1983–present
Net worth€520 million
Spouse(s)
​
(
m. 1990; div. 1999)

Early life and education

Kostić was born on 25 August 1959 in Vrbas, SFR Yugoslavia. Kostić graduated from the University of Novi Sad Faculty of Economics in Novi Sad at the department of Information Technology in 1983.

Professional career

In 1983 he began a private business – initially as an owner of a private company for trade, import-export and manufacturing activities which in 1995 grew into MK Group. Since 2000, MK Group managed sugar factories (factories Pećinci, Vrbas, Kovačica), more than 10 agribusiness enterprises, trade and warehouse complexes ("Granex-port", "Žito Bačka"), which have been successfully restructured and integrated into a modern and highly profitable Serbian export-oriented companies.

As of December 2017, MK Group has a total of 29 companies within its holding, with most of them being in the region of Vojvodina.[2] It performs a variety of services, such as agribusiness, wholesale, real estate and banking. One of the most notable subsidiary companies are Carnex Vrbas (meat industry), Sunoko (sugar industry), Agroglobe (fertilizing and wholesale of agriculture products), PIK-Bečej (agribusiness) and others.[3]

Kostić Family Foundation

Kostić founded the Kostić Family Foundation in June 2013 with his mother Roksanda by giving their family home as a present to the Provincial Institute for Protection of Health of Children and Young People of Vojvodina in Novi Sad and to the National Association of Childhood Cancer Parents of Serbia for their exclusive use.

Kostić transferred the ownership of the house to the Provincial Government of Vojvodina, which is responsible of using the house solely for the proposed purpose. The house has 1400 square meters and 16 acres of outdoor property.

The act of foundation was symbolically performed by Kostić giving the keys of the foundation to Bojan Pajtić, the President of the Provincial Government of Vojvodina who immediately gave them to Slobodan Grebeldinger, the director of the Children's Hospital in Novi Sad.

Awards and recognition
  • 1998 – Miodrag Kostić- one of the best ranked on The list of the most successful businessmen in Serbia,
  • 1998 – Miodrag Kostić- one of the best ranked on The list of the most successful citizens of Novi Sad,
  • 1999 – Miodrag Kostić- one of the best ranked on The list of the most successful businessmen in Serbia,
  • 2001 – Miodrag Kostić – one of the best ranked on The list of the most successful citizens of Novi Sad,
  • 2001 – Miodrag Kostić – First ranked on The list of the most successful businessmen in Serbia,
  • 2002 – Miodrag Kostić – Businessman of the Year, the Association of Journalists of Serbia,
  • 2003 – Miodrag Kostić – The most successful entrepreneur, best private company in Serbia and the most popular citizen of Novi Sad,
  • 2005 – Miodrag Kostić- one of the best ranked on the list of the most successful businessmen in Serbia
  • 2007 – Miodrag Kostić – one of the best ranked on the list of The most successful entrepreneurs and managers of Serbia,
  • 2008 – Miodrag Kostić – First ranked on the list of the most successful businessmen in Serbia
  • 2009 – Miodrag Kostić – "Belgrade Winner" Award for the entrepreneur of the year in Serbia
  • 2009 – Miodrag Kostić- PKB Corporation Award for businessman of the year in Serbia
  • 2011 – Miodrag Kostić – Award for the "Best Manager of Southeastern and Central Europe" from the European Association of Managers
  • 2013 – "Planet Business" Award to the President of MK Group, Miodrag Kostić, for years of successful management of the company

Memberships and functions

Kostić is the President of the Management Board of AIK Banka and for the second term – the President of the Serbian business club "Privrednik" which gathers 40 most successful entrepreneurs in Serbia. "Privrednik" cooperates with chambers of commerce and business associations in the country and abroad and the Government of the Republic of Serbia in order to improve entrepreneurship and management in Serbia and attract the investors from abroad.

He is also a member of a numerous local and international business associations such as AmCham, British-Serbian Chamber of Commerce, Serbian – Italian Business Council, Swiss- Serbian Business Association, Serbian Association of Managers (SAM), National Alliance for Local Economic Development (NALED), etc.

He was also politically active, serving as the General Director of Serbia's Democratic Party from 1996 until the overthrow of Milošević on 5 October 2000.[4]

References
  1. "Pogledajte ko su najbogatiji Srbi i koliko su "teški"!". Blic (in Serbian). 30 May 2014. Retrieved 31 May 2014.
  2. K., D. I. (21 December 2017). "Veliki sistemi nastavili da dobro zarađuju". novosti.rs (in Serbian). Retrieved 3 January 2018.
  3. "MK Grupa najveći izvoznik hrane iz Srbije". n1info.com (in Serbian). Beta. 6 September 2017. Retrieved 3 January 2018.
  4. Dragoslav Grujić (27 May 2004). "Borac za očuvanje kapitala". Vreme (in Serbian). Retrieved 19 April 2019.
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