News - Company

Jubilee Characterized by Expansion

MK Group to invest 500 million eur in the region

21/01/2019
Jubilee Characterized by Expansion

Novi Sad, 21January 2019 –In line with its strategic commitment, MK Group continues to invest in the agribusiness, banking and tourism sectors in Southeast Europe and plans to make additional investments in amount of 500 million eur in these areas over the next 5 years, as announced by the company’s officials at the 35th anniversary of the business operations, highlighting the successful results that the company has achieved during the three and a half decades of existence.

“When we founded the MK Group, we had three employees, and now the number equals to 7,000. All of them are meritorious for the success we have achieved, for all opportunities and chances we have turned into successful results” said Miodrag Kostić, President of MK Group and added that one of the biggest success in the past is the fact that over 35 years the company has remained a reliable partner. "During 35 years of business operation, our company has remained a reliable support for its employees, associates, partners, but above all for 74 local communities in which it operates. Thanks to this approach, one domestic company has become a regional leader in agrarian, banking and tourism and that is a fact, I am sure you will agree, we can all be proud of "concluded Kostić.

Dušan Radičević, Financial Manager of MK Group, spoke about results achieved in the past year and plans for the current year: "In the year behind us, we opened Sheraton Hotel in Novi Sad, we became the majority owner of Portorož Airport, we increased our stake in Gorenjska Banka, and now we are finalizing a strategic decision to merge our member companies MK Commerce and Agroglobe. For the years to come, we are very determined to consolidate the position of the leader of Southeast Europe in the key branches of our business. Since the founding to date, we have invested one billion eur in business operations, the proof of how ambitious our plans for the future really are can be portrayed in our intention to invest an additional half a billion eur in agrarian sector, banking and tourism in Serbia and the region in the next 5 years. "

During the celebration of this significant jubilee, MK Group presented its the new visual identity and its values, as well as the managers of all divisions operating within MK Group system.

Please look at the video