CEO Speech

Miodrag Kostic is one of the top businessmen, not only in Serbia, but in the region as well. He currently chairs the largest vertically integrated agricultural corporation in the whole of Europe.

Miodrag Kostic is one of the top businessmen, not only in Serbia, but in the region as well. He currently chairs the largest vertically integrated agricultural corporation in the whole of Europe with serious plans for expansion into the markets of Russia, Belarus, Kazakhstan and Sudan. Miodrag Kostic is among the top experts in the agricultural and sugar industry.

Established in 1983, the MK Group business system developed from a small private company specialized in trade, import-export and production - MK Commerce. Through hard work, constant investments in agricultural production, trade, banking, investment brokerage and consulting and investing in human resources development, MK Group has grown into a system which currently consists of 35 companies and employs more than 5,000 workers in Serbia and Ukraine, and as such falls among companies that form the backbone of the domestic economy.

In November of 2011, Carnex - the leading company in Serbia in the production of meat and meat products, becomes a part of MK Group. Over the last 10 years, MK Group has been strategically oriented towards agricultural production and foods industry, given that these branches of economy have the best growth potential, but also bearing in mind the growing demand for food and food products. Therefore, the purchase of Carnex fits perfectly into MK Group's existing production system.

Carnex is a brand which has been on the domestic market for more than 50 years. MK Group continues the tradition, while also aiming at a breakthrough of Carnex products into foreign markets. Production is therefore in line with the world's highest standards pertaining to the food production industry, and investments are made for purposes of further development of the brand and the employees in Carnex.

In a desire to use his knowledge and experience in the best way, and bearing in mind Serbia's tourism potential, Miodrag Kostic has decided to establish company MK Mountain Resort, under whose auspices are hotels Grand and Angella as well as the apartment complex Konaci "Sunčani Vrhovi" in Kopaonik.

Apart from tourism, new investments will be aimed at the development of renewable energy sources, whereby MK Fintel Wind will have the production of "green" electricity, with emphasis on wind energy, as its primary activity.

Through his participation in the work of managing boards of some of the most successful banks in Serbia and the most renowned brokerage houses in the region, Miodrag Kostic has shown his willingness to assist in the development of the Serbian economy, to create better business conditions and share his experience with others. He is the president of AIK bank's managing board, the president of "Privrednik" club, the president of "Serbian-Belarus business council,” a member of the Association of Employers "Poslodavac" as well as of other domestic and international business associations.

Miodrag Kostic has received the following awards: "Business Personality of the Year", "The Most Successful Person in Vojvodina", "The Most Successful Entrepreneur", "The Best Manager in Southeastern Europe in 2011", followed by receipt of the award "Car Dušan’s gold dinar-company of the decade", "The Winner of Belgrade", "Business Partner of the Year", "The Best Privately Owned Company" and others. On several occasions the company that he leads has been named the most successful in Serbia and the region.

The president of MK Group, Miodrag Kostic, was born on August 25 in 1959. He graduated from the Faculty of Economics in Novi Sad at the department of Information Technology in 1983.