Victoria Group

Victoria Group (Serbian Cyrillic: Викторија Група) is a Serbian holding company with the headquarters in Belgrade, Serbia. Victoria Group has a total of 15 companies within its holding, which performs a variety of services, mainly agribusiness and wholesale.

Victoria Group
Native name
Викторија Група
Joint-stock company
IndustryHolding
Founded8 November 2001 (2001-11-08)
Headquarters
Bulevar Mihajla Pupina 115, Belgrade
,
Serbia
Area served
Serbia
Key people
Siniša Košutić (General director)
Stefan Babović (Executive director)
Milan Marković (Executive director)
Revenue €284.26 million (2018)[1]
(€58.30 million) (2018)[1]
Total assets €364.83 million (2018)[2]
Total equity €0 (2018)[2]
OwnerMilija Babović (45.09%)
Apsara Ltd. (32.63%)
Victoria Group a.d. (22.55%)
(as of August 2019)
Number of employees
1,326 (2018)
SubsidiariesSubsidiaries
Websitewww.victoriagroup.rs
Footnotes / references
Business ID: 17364723
Tax ID: 101898648 [3]

History

Victoria Group was founded on 8 November 2001 in Belgrade, FR Yugoslavia, by Serbian businessmen Stanko Popović, Milija Babović and Zoran Mitrović.

Since 2015, Victoria Group began accumulating debt, finishing 2015 and 2016 calendar year with total net loss in range of 50 million euros.[4] 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.[5]

In July 2018, it was announced that Serbian holding company MK Group has bought majority of shares of indebted Victoria Group.[6][7]

Market and financial data

Victoria Group was ranked as the third net exporter company of Serbia and first in food-processing sector for the calendar year of 2015, mainly though its subsidiary companies Sojaprotein and Victoriaoil.[8]

Subsidiaries

This is a list of subsidiary companies of Victoria Group:[9]

  • Victoria Logistic d.o.o.
  • Victoriaoil a.d.
  • Sojaprotein a.d.
  • SP Laboratorija a.d.
  • Fertil d.o.o.
  • Luka Bačka Palanka d.o.o.
  • Veterinarski zavod a.d. Subotica
  • Victoria Phosphate d.o.o.
  • Vobex Intersoja
  • Victoria Food d.o.o.
  • Activex d.o.o.
  • Živinarstvo promet d.o.o.
  • Victoria Starch d.o.o.
  • Ribotex d.o.o.
  • Agrofamily d.o.o.
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See also

References
  1. "КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2018) - Victoria Group". apr.gov.rs (in Serbian). Retrieved 12 August 2019.
  2. "КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2018) - Victoria Group". apr.gov.rs (in Serbian). Retrieved 12 August 2019.
  3. "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  4. "Veliki sistemi nastavili da dobro zarađuju". novosti.rs (in Serbian). 21 December 2017. Retrieved 27 January 2018.
  5. "Viktorija grupa razmatra ponude za strateška partnerstva". beta.rs (in Serbian). Beta. 23 November 2017. Retrieved 27 January 2018.
  6. Subin, J.; Stojaković, D. (9 July 2018). "Kostić kupio "Viktorija grupu"!". novosti.rs (in Serbian). Retrieved 9 July 2018.
  7. "Kostić kupio Viktorija grupu". b92.net (in Serbian). 9 July 2018. Retrieved 9 July 2018.
  8. "Viktorija grupa sa svojim kompanijama "Sojaprotein" i "Viktorijaoil" treći neto izvoznik Srbije". blic.rs (in Serbian). 4 December 2016. Retrieved 27 January 2018.
  9. "O NAMA". victoriagroup.rs (in Serbian). Retrieved 27 January 2018.
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