MK Group regains top spot in Serbian agribusiness

Serbia's grain and oilseed exports totalled 2.9 mln t in 2018 and MK Group members, headed by Agroglobe, together exported over 500,000 t, making the group the largest exporter of those commodities.

22 April 2019 13:55

BELGRADE - Serbia's grain and oilseed exports totalled 2.9 mln t in 2018 and MK Group members, headed by Agroglobe, together exported over 500,000 t, making the group the largest exporter of those commodities.

Maize, the dominant grain culture, was exported by 195 Serbian companies, with Agroglobe and other MK Group members accounting for one fifth of the total exports with 239,138 t, the MK Group said in a statement.

Romania was the top export destination for Serbian maize, followed by Bosnia and Herzegovina and Italy.

The largest importers of Serbian soy last year were Russia, Germany and Romania, with MK Group companies generating almost a third of the total exports of the commodity - 70,078 t.

Last year brought record wheat exports of 1,202,317 t.

MK Group and its companies also topped the list of wheat exporters with a total 200,000 t exported to countries in the region as well as to Romania, Austria and Italy.

Flour exports amounted to 176,112 t and the biggest exporter among 98 Serbian companies was Zito Backa Kula, an MK Group company, with over 22,000 t.


Photo: Tanjug/ MK Group

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