According to Serbian Economist, MK Group plans a new investment cycle worth between EUR1 billion and EUR2 billion in 2026-2030, said the group’s CEO Mihailo Jankovic, speaking at the Kopaonik Business Forum. According to him, about EUR 1 billion is expected to be allocated to renewable energy projects, more than EUR 200 million to agriculture, and the rest to the development of the hotel portfolio and premium tourism in the region.
Thus, the publication of the program for approximately EUR 1.6 billion in energy, agriculture, and tourism is generally in line with the group’s previously announced targets. The MK Group’s official website still states that the total volume of the previously announced investment cycle is EUR 1.6 billion, including EUR 900 million for green energy, EUR 350 million for agriculture, and EUR 380 million for tourism, while the latest March announcement extends the program’s horizon to 2030 and sets the range at EUR 1-2 billion.
Jankovic linked the new round of investments to the need to strengthen domestic investment amid a weakening of external capital. He noted that in 2022-2024, the average net inflow of foreign direct investment into Serbia was around EUR 4.5 billion per year, while in the first 11 months of 2025, it fell to EUR 1.94 billion. In his opinion, in such conditions, it is large national companies that should become one of the drivers of further growth.
MK Group also emphasizes that it already has a strong position in the energy segment. The company calls itself the largest independent electricity producer in Serbia: its portfolio includes four operating wind farms with a total capacity of 200 MW, which generate about 500 GWh of electricity annually, and in the next stage, the group intends to continue investing in wind, solar, and biomass projects.
MK Group was founded in 1983 by Miodrag Kostic. After he stepped down from active management, strategic leadership was transferred to his son, Aleksandar Kostic, who is now the group’s president. The business focuses on the agri-food sector, green energy, tourism, and real estate. The group’s structure includes, in particular, the agricultural companies PIK Bečej, Flora, Agrounija, and Erdevik, the sugar division Sunoko, and the meat division Carnex.
After purchasing sugar factories in 2002, Sunoko became the largest sugar producer in the wider region, while Carnex, acquired by the group in 2011, exports meat products to 15 countries. Sunoko, in turn, has announced plans to increase sugar exports to the EU and regional markets.
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