Victoria Grupa

Premier global nutrition provider ADM has shown interest in Sojaprotein

Bečej, 26 July 2021 – ADM, a premier global nutrition provider and agribusiness, has shown interest in Sojaprotein, one of the most important non-GMO soybean processing plants in Europe. The purchase agreement was signed on today with the Parent Victoria Group under whose auspices Sojaprotein operates, and the completion of the transaction is expected after obtaining the approval of regulatory bodies.

MK Group has started the process of taking over the bank loan receivables towards Victoria Group member companies. MK Group signed a contract on taking over the Victoria Group member companies’ debts with the Victoria Group creditors and this process is expected to be completed as soon as possible.

According to a report by the Ministry of Finance of the Republic of Serbia based on information collected by the Customs Administration, the export value of the 15 leading exporters in Serbia for 11 months of 2017 was EUR 3.8 billion.

On October 31 and November 1, the final regional meeting of the National Supervisory Boards of Bosnia and Herzegovina and Serbia within the “GMO-free Quality Soybean From the Danube Region” project of the German Corporation for International Cooperation (GIZ) was held in Teslić.

Companies with the best achievements in the export of agricultural products were awarded by the association “Žita Srbije” (“Association Serbia Grains”) in the framework of “Seed Day”, organized within the International Agricultural Fair in Novi Sad on May 17. Victoria Group was awarded for its successes in the export of soy and sunflower meal. The award was handed to Mladen Jovanović, General Manager at Victoria Logistic, a Victoria Group member company.

After the “Battle for the Babies” (“Bitka za bebe”), Fund B92 is organizing a national educational program “Battle for Knowledge” (“Bitka za znanje”) aimed at primary school children. Victoria Group supported this program as well and gave its contribution by donating teaching tools for KODigranje (Code-Play), the first project within the “Battle for Knowledge”.

On March 21 and 22, the fourth workshop within the “GMO-free Quality Soybean From the Danube Region” project of the German Corporation for International Cooperation (GIZ) was held in Novi Sad. The topic was “The Transfer of Knowledge from Science to Practice as an Instrument for Achieving Economically, Ecologically and Socially Sustainable GMO-free Soybean Production”.

Research carried out by the Business Info Group on the largest and most profitable companies in Serbia between 2008 and 2015 focused particularly on export and company performance by sector. The processing industry is the second most common sector after the commercial sector, and it generates nearly a quarter of the total business income within the group of 100 best ranked companies.

The international conference SEE ENERGY - Connect&Supply 2016 organized by SERBIO, the National Agency for Biomass, was held on November 15 and 16 in Novi Sad, with the goal of promoting the use of biomass for thermal energy production and the networking of all actors involved in the renewable energy sources (RES) sector.

The introduction of standards and the vertical integration of agriculture is imperative in the process of domestic agricultural development and its positioning on the market of the European Union – this was one of the conclusions on the first day of the “Food for Europe” (“Hrana za Evropu”) forum.