Miodrag Kostić | |
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Born | August 25, 1959 |
Residence | Belgrade, Serbia |
Nationality | Serbian |
Occupation | Businessman |
Net worth | €520 million |
Miodrag Kostić (Serbian Cyrillic: Миодраг Костић; born August 25, 1959) is a Serbian businessman. Kostić is the founder and owner of MK Group a diversified holding company focusing primarily on agribusiness. Kostić is currently the richest man in Serbia, with an average net worth of 520 million euros.
Kostić was born on August 25, 1959.
Kostić graduated from the University of Novi Sad Faculty of Economics in Novi Sad at the department of Information Technology in 1983.
In 1983 he began a private business – initially as an owner of a private company for trade, import-export and manufacturing activities which in 1995 grew into MK Group. Since 2000, MK Group system has sugar factories (factories Pećinci, Vrbas, Kovačica ), more than 10 agricultural enterprises (“Agrounija”, “Đuro Strugar”, “Labudnjača”, “Vojvodina”, “Panonia” “Elan” etc.), trade and warehouse complexes (“Granex-port”, “Žito Bačka”), which have been successfully restructured and integrated into a modern and highly profitable Serbian export-oriented companies.
Today, this is a system comprising 35 companies, employing more than 4500 employees, in Serbia and Ukraine achieving an annual turnover of over 500 million EUR. The largest part of MK Group’s operations pertain to the sugar industry, agricultural manufacturing, industry and trade of agricultural products. The head office is located in Belgrade while the affiliate companies can be found throughout Vojvodina and Serbia. Since 2006, the company has begun to expand its operations to countries in the region such as the Ukraine.
Sunoko, a member company of MK Group is one of the leading companies in sugar production both in Serbia and the region. Sunoko exports sugar into the following countries: Poland, Check Republic, Slovakia, Germany, Austria, Italia, England, Romania, Bulgaria, Greece, Slovenia, Croatia, Hungary, Cyprus, Georgia, Bosnia and Herzegovina, Macedonia and Albania.
In addition, Kostić has invested in an apartment complex in Kopaonik. In 2009 he founded a new company, MK Mountain Resort, under whose auspices are the hotels Grand and Angella as well as the apartment complex Konaci and Sunčani vrhovi, as well as hotel 88 Rooms, a four – star boutique hotel in the center of Belgrade. The aim is to possess 10 four - star hotels in total in order to be more competitive both in the region and abroad.