Deal #7755

Serbia
Created at
2020-02-19
Last update
2022-06-08
Last full update
2022-06-08

Land area

Size under contract (leased or purchased area)
  • [2016, current] 7696 ha
Comment on land area
In 2016, from the media sources, it's known that MK Group controlled 29 000 ha (regarding only the MK Agriculture division). Since this deal represents two companies of the Grou - MK Agriculture and MK Agrounija, they altogether controlled approximately 7696 ha.

Intention of investment

Intention of investment
  • Food crops
  • Agriculture unspecified
  • [current] Livestock, Tourism
Comment on intention of investment
84 ha -the apple orchard; 1200 - vegetables (green beans, peas, sweet corn, potatoes); 655 ha - fish pond; 16.5 ha of its own vineyards and 30 ha of land in partnership with subcontractors;

Nature of the deal

Nature of the deal
Outright purchase, Lease
Comment on nature of the deal
As of January 2016, MK Group manages around 29,000 hectares of agriculture land (around 290 square kilometers) in Serbia, of which it owns around 19,000 hectares.

Negotiation status

Negotiation status
  • [current] Concluded (Contract signed)

Implementation status

Implementation status
  • [current] In operation (production)