Victoria Group#Subsidiaries
{{Short description|Serbian holding company}}
{{coord|44|49|01|N|20|25|37.8|E|region:RS|display=title}}
{{Infobox company
| name = ADM Nutrition Holding
| logo =
| logo_caption = Official logo
| image =
| image_caption =
| trading_name =
| native_name =
| native_name_lang = sr
| romanized_name =
| former_name =
| former type =
| type = Joint-stock company
| traded_as =
| industry = Holding
| genre =
| fate =
| predecessor =
| successor =
| foundation = {{Start date|2001|11|08|df=yes}}
| founder =
| defunct = {{End date and age|2022|12|12|df=yes}}
| location_city = Bulevar Mihajla Pupina 115, Belgrade
| location_country = Serbia
| locations =
| area_served = Serbia
| key_people = Jake McCammack {{small|(Director)}}
Emmanuel Ayuk {{small|(Director)}}
| products =
| brands =
| production =
| services =
| revenue = {{decrease}} €166.68 million {{small|(2020)}}{{cite web|title=КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2020) - Victoria Group|url=https://pretraga3.apr.gov.rs/docRepo/download?xbcd=7100118737300&xrnd=673C09C5899DD227173E798F079F9AEA2C9C0FF3|website=apr.gov.rs|access-date=1 December 2021|language=sr}}
| operating_income =
| net_income = {{decreasePositive}} {{fontcolor|red|(€0.91 million)}} {{small|(2020)}}
| aum =
| assets = {{decrease}} €212.39 million {{small|(2020)}}{{cite web|title=КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2020) - Victoria Group|url=https://pretraga3.apr.gov.rs/docRepo/download?xbcd=7100118737294&xrnd=1E08EEE8D30392EF0933AA2548A54C0C9367E056|website=apr.gov.rs|access-date=1 December 2021|language=sr}}
| equity = {{increase}} €57.43 million {{small|(2020)}}
| owner = Archer-Daniels-Midland Europe {{small|(100%)}}
{{small|(as of December 2021)}}
| num_employees = 997 {{small|(2020)}}
| parent =
| divisions =
| subsid = Subsidiaries
| homepage = {{URL|http://www.victoriagroup.rs}}
| footnotes = {{small|Business ID: 17364723
Tax ID: 101898648}} {{cite web|title=Основни подаци о привредном друштву|url=http://pretraga2.apr.gov.rs/EnterprisePublicSearch/details/EnterpriseBusinessName/1034588?code=85D2F3B379341E06E212249B704FA5C470C27799|website=apr.gov.rs|publisher=Serbian Business Registers Agency|access-date=28 February 2018|language=sr}}
| intl =
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}}
ADM Nutrition Holding, formerly known as Victoria Group ({{lang-sr-cyr|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.{{Cite web |title=Victoria Group A.D. Beograd Company Profile - Serbia {{!}} Financials & Key Executives {{!}} EMIS |url=https://www.emis.com/php/company-profile/YU/Victoria_Group_AD_Beograd_en_2067569.html |access-date=2023-01-21 |website=www.emis.com}}
Since 2015, ADM Nutrition Holding began accumulating debt, finishing 2015 and 2016 calendar year, with total net loss in range of 50 million euros.{{cite news|title=Veliki sistemi nastavili da dobro zarađuju|url=http://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:702235-Veliki-sistemi-nastavili-da-dobro-zaradjuju|access-date=27 January 2018|work=novosti.rs|date=21 December 2017|language=sr}} 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.{{cite news|title=Viktorija grupa razmatra ponude za strateška partnerstva|url=https://beta.rs/ekonomija/ekonomija-srbija/78391-viktorija-grupa-razmatra-ponude-za-strateska-partnerstva|access-date=27 January 2018|work=beta.rs|agency=Beta|date=23 November 2017|language=sr}}
In July 2018, it was announced that Serbian holding company MK Group has bought the majority of shares of then-indebted Victoria Group.{{cite news |last1=Subin |first1=J. |last2=Stojaković |first2=D. |title=Kostić kupio "Viktorija grupu"! |url=http://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:737209-Kostic-kupio-Viktorija-grupu |access-date=9 July 2018 |work=novosti.rs |date=9 July 2018 |language=sr}}{{cite news |title=Kostić kupio Viktorija grupu |url=https://www.b92.net/biz/vesti/srbija.php?yyyy=2018&mm=07&dd=09&nav_id=1416767 |access-date=9 July 2018 |work=b92.net |date=9 July 2018 |language=sr}}
On November 22, 2021, MK Group, together with Milija Babović and Apsara limited, sold 100% of shares to ADM Europe for undisclosed amount.{{cite news |title=Komisija odobrila prodaju |url=https://www.b92.net/biz/vesti/srbija/komisija-odobrila-prodaju-2060732 |access-date=1 December 2021 |work=b92.net |agency=Tanjug |date=22 November 2021 |language=Serbian}}
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.{{cite news|title=Viktorija grupa sa svojim kompanijama "Sojaprotein" i "Viktorijaoil" treći neto izvoznik Srbije|url=https://www.blic.rs/vesti/drustvo/viktorija-grupa-sa-svojim-kompanijama-sojaprotein-i-viktorijaoil-treci-neto-izvoznik/4zjgm5e|access-date=27 January 2018|work=blic.rs|date=4 December 2016|language=sr}}
Subsidiaries
This is a list of subsidiary companies of former Victoria Group (as of 27 January 2018):{{cite web|title=O NAMA|url=http://www.victoriagroup.rs/o-nama|website=victoriagroup.rs|date=15 November 2012|access-date=27 January 2018|language=sr}}
- 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
References
{{reflist}}
External links
- {{Official website|http://www.victoriagroup.rs}}
Category:2018 mergers and acquisitions
Category:Agriculture companies of Serbia
Category:Companies based in Belgrade
Category:Conglomerate companies of Serbia
Category:Holding companies established in 2001
Category:Holding companies of Serbia
Category:Serbian companies established in 2001
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