Deal #7782 Version 81089 Version 86869
Size under contract (leased or purchased area)
  • [2016, current] 9211.0 ha
  • [2016] 9211 ha
  • [2022, current] 8900 ha
Negotiation status
  • [current] Concluded (Contract signed)
  • [2007] Concluded (Contract signed)
  • [2015] Concluded (Change of ownership)
  • [2015, current] Concluded (Contract signed)
Comment on negotiation status
In mid-2007, the Privatization Agency sold a 40.9% stake in PIK Becej for EUR 12.3 million to a consortium comprising local investment company Irva Investicije and British Virgin Islands-based Forum Absolute Return Fund. In17 December 2015 MK Group acquired Agricultural Combine (PIK) Bečej for 45.5 million EUR.
Comment on implementation status
The operating company was founded in 1959 with the merger of a few agricultural and industrial enterprises, accordingly was operational before the new investor arrival.
Materialized benefits for local communities
Health, Other
Comment on materialized benefits for local communities
(1) In 2020, the operating company donated 45 tons of food to 10,000 households in 20 cities and municipalities, which contributed to the fight against the covid pandemic. In addition, it donated 200,000 dinars to the municipality of Becej for the purchase of necessary medical equipment and humanitarian package. (2) PIK Becej voluntarily maintained the "Fantast" castle - the cultural and historical heritage of the state of Serbia -, supposedly planned until the end of the restitution procedure. In the last 5 years, around 250,000 euros have been invested annually in the functioning of the palace complex "Fantast" and its accessibility to the public.
Comment on former land cover
56 hectares of various orchards
Comment on livestock
fish pond for 650 ha
Comment on use of produce
Peas and sweet corn were exported to the Russian market, to the EU countries (Hungary, Germany, Greece) and to the markets of republics of former Yugoslavia. 450 tons of consumed fish yearly is delivered on the domestic market
In country processing of produce
Yes
Processing facilities / production infrastructure of the project (e.g. oil mill, ethanol distillery, biomass power plant etc.)
vegetable processing plant (18 000 t per year), pig farm (98,000 pigs are produced annually), glasshouses and greenhouses (3 hectares)
In-country end products of the project
Frozen and sterilized vegetables and fruits
Use of irrigation infrastructure
Yes
Comment on use of irrigation infrastructure
4000 ha of irrigated fields.
Fully updated
No
Yes

Location #ppGCv_5e

areas
unknown field
Spatial accuracy level
Approximate location
Coordinates
Point
Lat: 45.61382
Lng: 20.04599
Lat: 45.5542
Lng: 20.014
Comment
Contracted area polygon - fish pond location

Location #iZ63R3vJ

Spatial accuracy level
Approximate location
Location
Bečej, БСрбія
Point
Lat: 45.61438
Lng: 20.0474

Data source #pjiE65MH

Comment on data source
Operating company profile - produce info, negotiation status, etc.

Data source #zRD2bBSH

File
Type
Company sources
Url
Keep PDF not public
No
Comment on data source
Produce, export info

Data source #mI51lykv

File
Type
Media report
Url
Keep PDF not public
No
Publication title
Matijevic: 45 million was a lot for PIK Becej
Date
2015-12-09
Comment on data source
About the acquisition

Data source #qW6W4bnb

File
Type
Company sources
Url
Keep PDF not public
No
Publication title
PIK Becej donated its products in the fight against COVID-19 -
Date
2020

Data source #TOkiYoew

File
Type
Company sources
Url
Keep PDF not public
No
Date
2020-11-05
Comment on data source
Materialized benefit - cultural heritage