44°49′01″N 20°25′37.8″E / 44.81694°N 20.427167°E / 44.81694; 20.427167

Victoria Group
Native name
Викторија Група
Company typeJoint-stock company
IndustryHolding
Founded8 November 2001; 22 years ago (2001-11-08)
Headquarters
Bulevar Mihajla Pupina 115, Belgrade
,
Serbia
Area served
Serbia
Key people
Jake McCammack (Director)
Emmanuel Ayuk (Director)
RevenueDecrease €166.68 million (2020)[1]
Positive decrease (€0.91 million) (2020)[1]
Total assetsDecrease €212.39 million (2020)[2]
Total equityIncrease €57.43 million (2020)[2]
OwnerArcher-Daniels-Midland Europe (100%)
(as of December 2021)
Number of employees
997 (2020)
SubsidiariesSubsidiaries
Websitewww.victoriagroup.rs
Footnotes / references
Business ID: 17364723
Tax ID: 101898648 [3]

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

History

Victoria Group was founded on 8 November 2001 in Belgrade, FR Yugoslavia, by Serbian businessmen Stanko Popović, Milija Babović and Zoran Mitrović.[4]

Since 2015, Victoria Group began accumulating debt, finishing 2015 and 2016 calendar year, with total net loss in range of 50 million euros.[5] 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.[6]

In July 2018, it was announced that Serbian holding company MK Group has bought the majority of shares of indebted Victoria Group.[7][8]

On November 22, 2021, MK Group, together with Milija Babović and Apsara limited, sold 100% of shares to ADM Europe for undisclosed amount.[9]

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.[10]

Subsidiaries

This is a list of subsidiary companies of Victoria Group:[11]

See also

References

  1. ^ a b "КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2020) - Victoria Group". apr.gov.rs (in Serbian). Retrieved 1 December 2021.
  2. ^ a b "КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2020) - Victoria Group". apr.gov.rs (in Serbian). Retrieved 1 December 2021.
  3. ^ "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  4. ^ "Victoria Group A.D. Beograd Company Profile - Serbia | Financials & Key Executives | EMIS". www.emis.com. Retrieved 2023-01-21.
  5. ^ "Veliki sistemi nastavili da dobro zarađuju". novosti.rs (in Serbian). 21 December 2017. Retrieved 27 January 2018.
  6. ^ "Viktorija grupa razmatra ponude za strateška partnerstva". beta.rs (in Serbian). Beta. 23 November 2017. Retrieved 27 January 2018.
  7. ^ Subin, J.; Stojaković, D. (9 July 2018). "Kostić kupio "Viktorija grupu"!". novosti.rs (in Serbian). Retrieved 9 July 2018.
  8. ^ "Kostić kupio Viktorija grupu". b92.net (in Serbian). 9 July 2018. Retrieved 9 July 2018.
  9. ^ "Komisija odobrila prodaju". b92.net (in Serbian). Tanjug. 22 November 2021. Retrieved 1 December 2021.
  10. ^ "Viktorija grupa sa svojim kompanijama "Sojaprotein" i "Viktorijaoil" treći neto izvoznik Srbije". blic.rs (in Serbian). 4 December 2016. Retrieved 27 January 2018.
  11. ^ "O NAMA". victoriagroup.rs (in Serbian). 15 November 2012. Retrieved 27 January 2018.

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