"MK group" is planning the
initial public offer of agricultural companies that operate within the
Group in the first quarter of year 2009, said the President of the company, Miodrag Kostić, during the annual assembly of EBRD in Kiev.
Kostić said that "MK
group" was currently in the restructuring process and that the
entire agricultural property would be merged into one company, which should register the growth of minimum 400m EUR from
the moment it appears on the stock exchange. He says that the company
will be on the listing at the stock exchanges in London, Warsaw, Stockholm
The Executive Manager of Finance, Darko Milačić, said
that that company would register the growth of capital mainly by issuing
new stocks, as well as by selling small number of existing stocks.
Milačić said that the management of "MK group" had not hired any councilors
yet, but that they were opened for talks with the companies in order
to act in the right way when they obtained the authorization.
He pointed out that "MK Group" intended to negotiate only with those financial experts who proved to be experts in the domain of agricultural operations.
Milačić said that the acquisitions were significant part of the strategy carried
out by that group, including Ukraine and Belarus as growing markets
of the company.
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