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Victoria Group

ADM Nutrition Holding, formerly known as Victoria Group (Викторија Група), was a Serbian holding company with the headquarters in Belgrade, Serbia. It was a majority owner by Netherlands-based ADM Europe. The company had a total of 15 companies within its holding, which performs a variety of services, mainly agribusiness and wholesale.

History

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

Since 2015, ADM Nutrition Holding 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 then-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

ADM Nutrition Holding 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 former Victoria Group (as of 27 January 2018):[11]

  • 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.

See also

  • Agriculture in Serbia

External links

References

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