Victoria Group
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| Company type | Joint-stock company |
|---|---|
| Industry | Holding |
| Founded | 8 November 2001 |
| Defunct | 12 December 2022 |
| Headquarters | Bulevar Mihajla Pupina 115, Belgrade , Serbia |
Area served | Serbia |
Key people | Jake McCammack (Director) Emmanuel Ayuk (Director) |
| Revenue | Error creating thumbnail: €166.68 million (2020)[1] |
| Positive decrease (€0.91 million) (2020)[1] | |
| Total assets | Error creating thumbnail: €212.39 million (2020)[2] |
| Total equity | Increase €57.43 million (2020)[2] |
| Owner | Archer-Daniels-Midland Europe (100%) (as of December 2021) |
Number of employees | 997 (2020) |
| Subsidiaries | Subsidiaries |
| Website | www |
| Footnotes / references Business ID: 17364723 Tax ID: 101898648 [3] | |
ADM Nutrition Holding, formerly known as Victoria Group (Serbian Cyrillic: 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
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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
[edit | edit source]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
[edit | edit source]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
[edit | edit source]References
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