Victoria Group


Victoria Group 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.

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

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.

Subsidiaries

This is a list of subsidiary companies of Victoria Group: