PKB Corporation

Coordinates: 44°59′59.6″N 20°24′17.2″E / 44.999889°N 20.404778°E / 44.999889; 20.404778

PKB Corporation
Native name
 ПКБ Корпорација / PKB Korporacija
Joint-stock company
Industry Agribusiness
Founded 27 December 1945 (1945-12-27)
Headquarters Belgrade, Serbia
Area served
 Serbia
Key people
 Momčilo Joković (General director)
Revenue Increase €39.16 million (2016)[1]
Positive decrease -€10.33 million (2016)[1]
Total assets Increase €530.50 million (2016)[2]
Total equity Increase €426.18 million (2016)[2]
Owner Government of Serbia (98.18%)
Akcionarski Fond (1.82%)
Number of employees
 1,940 (2016)
Subsidiaries Subsidiaries
Website www.pkb.rs
Footnotes / references
Business ID: 07042230
Tax ID: 100000717 [3]

PKB Corporation (Serbian: ПКБ Корпорација / PKB Korporacija) is a Serbian agribusiness company. It is headquartered in Padinska Skela, Belgrade, Serbia.

Name

The company uses shortened name PKB Corporation as an abbreviation of the Poljoprivredni Kombinat Beograd (Serbian Cyrillic: Пољопривредни Комбинат Београд, "Agricultural Combine Belgrade").

History

PKB Corporation was founded on 27 December 1945 with headquarters in Belgrade, PR Serbia, FPR Yugoslavia.[4]

In 2015, the Government of Serbia offered company for sale in public auction with the price of 154 million euros (51% of its assets); however the auction failed as nobody placed offers.[5] In January 2018, it was announced that the Government of Serbia has agreed with the International Monetary Fund (IMF) to sell its stake in PKB Corporation until summer of 2018, in order to further consolidate its finances.[6] In September 2018, the Government of Serbia accepted the sole bid of Al Dahra Serbia amounting at 105.05 million euros.[7] On 4 October 2018, the contract between the parties was finalized and officially signed.[8]

Organization

PKB Corporation manages around 30,000 hectares of agriculture land (around 300 square kilometers).[9] Around 23,000 hectares are owned by the Government of Serbia and 7,000 by PKB Corporation.[9] Its total equity is parted in 9 unities (farmsteads), of which eight are located northern of the city area of Belgrade: Čenta, Dunavac, Pionir, Partizanski Prelaz, Padinska Skela, Lepušnica, Kovilovo, Mladost (northern of Belgrade city area) and 7. Juli is located southern of Belgrade's city area.[9]

Most of its production facilities and administration buildings are located in Pančevački Rit (Padinska Skela), which is located 15 kilometers north of the Belgrade city center.

As of September 2016, PKB Corporation has 9,000 dairy cows, 3,500 cattle, 6,000 pigs, 2,000 sheep and 30,000 lying hens.[9] Of motorized equipment, it possesses 330 tractors, 35 harvesters, 90 loading machines and 1,370 connecting machines.[9]

Subsidiaries

  • Institute PKB Agroekonomik d.o.o.
  • Eko-lab d.o.o.
  • Veterinary Station PKB d.o.o.
  • Agricultural aviation PKB d.o.o.
  • PKB Green Energy d.o.o.

References

  1. 1 2 "КОНСОЛИДОВАНИ БИЛАНС УСПЕХА (2016) - PKB Corporation". apr.gov.rs (in Serbian). Retrieved 28 December 2017.
  2. 1 2 "КОНСОЛИДОВАНИ БИЛАНС СТАЊА (2016) - PKB Corporation". apr.gov.rs (in Serbian). Retrieved 28 December 2017.
  3. ↑ "Основни подаци о привредном друштву". apr.gov.rs (in Serbian). Serbian Business Registers Agency. Retrieved 28 February 2018.
  4. ↑ "Оснивање и историјски развој". pkb.rs (in Serbian). Retrieved 28 December 2017.
  5. ↑ Milojević, Milica. "Difficult future of the largest Serbian agricultural company". financialobserver.eu. Retrieved 4 January 2018.
  6. ↑ Albunović, Ivana (3 January 2018). "Приватизација ПКБ-а обећана ММФ-у". politika.rs (in Serbian). Retrieved 13 March 2018.
  7. ↑ "Država odlučila: PKB prodat Arapima". b92.net (in Serbian). 14 September 2018. Retrieved 14 September 2018.
  8. ↑ "AL DAHRA KUPILA PKB: U naredne tri godine investiraće 30 miliona evra". blic.rs (in Serbian). Tanjug. 4 October 2018. Retrieved 4 October 2018.
  9. 1 2 3 4 5 Lazić, Č. (13 September 2016). "PKB je veliki skoro kao CEO BEOGRAD (GRAFIKA)". blic.rs (in Serbian). Retrieved 28 December 2017.
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