# Victoria Group

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**ADM Nutrition Holding**, formerly known as **Victoria Group** (Sr-cyr: Викторија Група), was a Serbian [holding company](/source/Holding_company) with the headquarters in [Belgrade](/source/Belgrade), Serbia. It was a majority owner by [Netherlands](/source/Netherlands)-based [ADM Europe](/source/ADM_(company)). The company had a total of 15 companies within its holding, which performs a variety of services, mainly [agribusiness](/source/Agribusiness) and [wholesale](/source/Wholesaling).

## History

ADM Nutrition Holding was founded on 8 November 2001 in [Belgrade](/source/Belgrade), [FR Yugoslavia](/source/FR_Yugoslavia), under name **Victoria Group**, by Serbian businessmen Stanko Popović, Milija Babović and Zoran Mitrović.[3]

Since 2015, ADM Nutrition Holding began accumulating debt, finishing 2015 and 2016 calendar year, with total net loss in range of 50 million euros.[4] In November 2017, company's management confirmed media reports that it is seeking strategic partnership with investors due to capital loss over last years and over-indebtedness of the company.[5]

In July 2018, it was announced that Serbian holding company [MK Group](/source/MK_Group) has bought the majority of shares of then-indebted Victoria Group.[6][7]

On November 22, 2021, MK Group, together with Milija Babović and Apsara limited, sold 100% of shares to [ADM Europe](/source/ADM_(company)) for undisclosed amount.[8]

## Market and financial data

ADM Nutrition Holding was ranked as the third net exporter company of Serbia and first in food-processing sector for the calendar year of 2015, mainly though its subsidiary companies [Sojaprotein](/source/Sojaprotein) and Victoriaoil.[9]

## Subsidiaries

This is a list of subsidiary companies of former Victoria Group (as of 27 January 2018):[10]

- Victoria Logistic d.o.o.
- Victoriaoil a.d.
- [Sojaprotein](/source/Sojaprotein) a.d.
- SP Laboratorija a.d.
- Fertil d.o.o.
- Luka Bačka Palanka d.o.o.
- Veterinarski zavod a.d. Subotica
- Victoria Phosphate d.o.o.
- Vobex Intersoja
- Victoria Food d.o.o.
- Activex d.o.o.
- Živinarstvo promet d.o.o.
- Victoria Starch d.o.o.
- Ribotex d.o.o.
- Agrofamily d.o.o.

## See also

- [Agriculture in Serbia](/source/Agriculture_in_Serbia)

## References

1. ["КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2020) - Victoria Group"](https://pretraga3.apr.gov.rs/docRepo/download?xbcd=7100118737300&xrnd=673C09C5899DD227173E798F079F9AEA2C9C0FF3) (in Serbian). *apr.gov.rs*. Retrieved 1 December 2021.

1. ["КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2020) - Victoria Group"](https://pretraga3.apr.gov.rs/docRepo/download?xbcd=7100118737294&xrnd=1E08EEE8D30392EF0933AA2548A54C0C9367E056) (in Serbian). *apr.gov.rs*. Retrieved 1 December 2021.

1. ["Victoria Group A.D. Beograd Company Profile - Serbia | Financials & Key Executives | EMIS"](https://www.emis.com/php/company-profile/YU/Victoria_Group_AD_Beograd_en_2067569.html). *www.emis.com*. Retrieved 2023-01-21.

1. ["Veliki sistemi nastavili da dobro zarađuju"](http://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:702235-Veliki-sistemi-nastavili-da-dobro-zaradjuju) (in Serbian). *novosti.rs*. 21 December 2017. Retrieved 27 January 2018.

1. ["Viktorija grupa razmatra ponude za strateška partnerstva"](https://beta.rs/ekonomija/ekonomija-srbija/78391-viktorija-grupa-razmatra-ponude-za-strateska-partnerstva) (in Serbian). *beta.rs*. Beta. 23 November 2017. Retrieved 27 January 2018.

1. Subin, J. & Stojaković, D. (9 July 2018). ["Kostić kupio "Viktorija grupu"!"](http://www.novosti.rs/vesti/naslovna/ekonomija/aktuelno.239.html:737209-Kostic-kupio-Viktorija-grupu) (in Serbian). *novosti.rs*. Retrieved 9 July 2018.

1. ["Kostić kupio Viktorija grupu"](https://www.b92.net/biz/vesti/srbija.php?yyyy=2018&mm=07&dd=09&nav_id=1416767) (in Serbian). *b92.net*. 9 July 2018. Retrieved 9 July 2018.

1. ["Komisija odobrila prodaju"](https://www.b92.net/biz/vesti/srbija/komisija-odobrila-prodaju-2060732) (in Serbian). *b92.net*. Tanjug. 22 November 2021. Retrieved 1 December 2021.

1. ["Viktorija grupa sa svojim kompanijama "Sojaprotein" i "Viktorijaoil" treći neto izvoznik Srbije"](https://www.blic.rs/vesti/drustvo/viktorija-grupa-sa-svojim-kompanijama-sojaprotein-i-viktorijaoil-treci-neto-izvoznik/4zjgm5e) (in Serbian). *blic.rs*. 4 December 2016. Retrieved 27 January 2018.

1. ["O NAMA"](http://www.victoriagroup.rs/o-nama) (in Serbian). *victoriagroup.rs*. 15 November 2012. Retrieved 27 January 2018.

## External links

- [Official website](http://www.victoriagroup.rs)

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Adapted from the Wikipedia article [Victoria Group](https://en.wikipedia.org/wiki/Victoria_Group) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Victoria_Group?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.