MK Grupa founder and president Miodrag Kostić (1959-2024) passed away today, MK Grupa announced.
"A visionary and strategist in business, during his 40 years of active professional career, he created one of the largest business systems in the region that operates outside the borders of Serbia, which brought him the international status of one of the most influential leaders and most successful businessmen in Southeastern Europe," it is stated in announcement, reports N1.
They said that during his career, Kostić achieved great success and pioneered ventures in agriculture, tourism, energy and banking, positioning his companies as leaders in these sectors.
"He followed the expansion of his business with numerous socially responsible activities, and the crown of his philanthropic activity is the Miodrag Kostić Endowment, through which he presents the Palace of Science to the Serbian people, as the largest single donation for charity in this region since the beginning of the last century," it added.
MK Grupa said that Kostić retired from the management position in the company he built five years ago.
"He entrusted the strategic management of the business system to his son Aleksandar Kostić, vice president of MK Group and president of the Board of Directors of AIK Bank, while executive management continued to be carried out by professional management. The management of both systems, together with the employees, will continue to follow the vision of constant growth and development that he set Miodrag Kostić," the announcement reads.
"The Serbian and regional economy has lost a great man today, but his name and vision continue to live on, both through his three children, and through MK Group, AIK Bank and the Miodrag Kostić Foundation", it concludes.
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