Delta Holding
Encyclopedia
Delta Holding is the third largest company in Serbia
. The company was founded in Belgrade
. Delta Holding performs a variety of services, such as import-export,real-estate , banking, insurance
, retail
, wholesale
, etc. The president
is Miroslav Mišković
. Delta Holding has invested more than 200 million euros in future projects outside Serbia, namely in the Republic of Macedonia
and Montenegro
.
This company is not to be confused with Delta Holding S.A., formerly listed on the Athens Stock Exchange
; and was the initiator the merger to create Vivartia S.A.Projected revenue for 2010 is espected to be over 3 billion Euro
s http://www.deltaholding.rs/code/navigate.php?Id=18.
Serbia
Serbia , officially the Republic of Serbia , is a landlocked country located at the crossroads of Central and Southeast Europe, covering the southern part of the Carpathian basin and the central part of the Balkans...
. The company was founded in Belgrade
Belgrade
Belgrade is the capital and largest city of Serbia. It is located at the confluence of the Sava and Danube rivers, where the Pannonian Plain meets the Balkans. According to official results of Census 2011, the city has a population of 1,639,121. It is one of the 15 largest cities in Europe...
. Delta Holding performs a variety of services, such as import-export,real-estate , banking, insurance
Insurance
In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for payment. An insurer is a company selling the...
, retail
Retail
Retail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
, wholesale
Wholesale
Wholesaling, jobbing, or distributing is defined as the sale of goods or merchandise to retailers, to industrial, commercial, institutional, or other professional business users, or to other wholesalers and related subordinated services...
, etc. The president
President
A president is a leader of an organization, company, trade union, university, or country.Etymologically, a president is one who presides, who sits in leadership...
is Miroslav Mišković
Miroslav Miškovic
Miroslav Mišković is a Serbian businessman, the owner of Delta Holding...
. Delta Holding has invested more than 200 million euros in future projects outside Serbia, namely in the Republic of Macedonia
Republic of Macedonia
Macedonia , officially the Republic of Macedonia , is a country located in the central Balkan peninsula in Southeast Europe. It is one of the successor states of the former Yugoslavia, from which it declared independence in 1991...
and Montenegro
Montenegro
Montenegro Montenegrin: Crna Gora Црна Гора , meaning "Black Mountain") is a country located in Southeastern Europe. It has a coast on the Adriatic Sea to the south-west and is bordered by Croatia to the west, Bosnia and Herzegovina to the northwest, Serbia to the northeast and Albania to the...
.
This company is not to be confused with Delta Holding S.A., formerly listed on the Athens Stock Exchange
Athens Stock Exchange
The Athens Stock Exchange or ASE or ATHEX is a stock exchange located in Athens, Greece.-History:The Athens Stock Exchange started trading in 1876. The Athens Stock Exchange is a subsidiary of Hellenic Exchanges S.A., whose shares are listed in ATHEX...
; and was the initiator the merger to create Vivartia S.A.Projected revenue for 2010 is espected to be over 3 billion Euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
s http://www.deltaholding.rs/code/navigate.php?Id=18.
Divisions
Delta Holding has four divisions, each one serving a different purpose. The divisions are as follows:- Delta M: The largest divisionDivision (business)A division of a business entity is a portion of that business that operates under a different name. It is the equivalent of a corporation or limited liability company obtaining a fictitious name or "doing business as" certificate and operating a business under that fictitious name...
in Delta Holding. This division operates in agribusinessAgribusinessIn agriculture, agribusiness is a generic term for the various businesses involved in food production, including farming and contract farming, seed supply, agrichemicals, farm machinery, wholesale and distribution, processing, marketing, and retail sales....
, retailRetailRetail consists of the sale of physical goods or merchandise from a fixed location, such as a department store, boutique or kiosk, or by mail, in small or individual lots for direct consumption by the purchaser. Retailing may include subordinated services, such as delivery. Purchasers may be...
, distribution, financial brokerage and real estateReal estateIn general use, esp. North American, 'real estate' is taken to mean "Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; an item of real property; buildings or...
development. The agribusiness activities include agricultural production, processing, distribution and marketingMarketingMarketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
. Also in the Delta M group, the Maxi supermarket chain, C-marketC-marketC-market was a Serbian supermarket chain. In past C market was the biggest retail chain in Serbia, today is just part of Maxi. All of the "C-market" stores were rebranded into "Maxi" and "Mini Maxi" after the chain has been sold to Delta Holding....
and PekabetaPekabetaPekabeta was a Serbian supermarket chain. All of the "Pekabeta" stores were rebranded into "Mini Maxi" after the chain has been sold to Delta Holding. Now the whole Maxi Group is fully owned by Delhaize Group.- External links : *...
corner shop network are included. 'Tempo' was the first cash-and-carry centre opened in Serbia as well, under the Delta M banner. Delta M also plans over €EuroThe euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
800 million in real estate investments in the region. The main developments will be commercialCommerceWhile business refers to the value-creating activities of an organization for profit, commerce means the whole system of an economy that constitutes an environment for business. The system includes legal, economic, political, social, cultural, and technological systems that are in operation in any...
premises and hotels, expansion of the Maxi supermarket chain, and a network of shopping malls. The shopping malls carry the name 'Delta CityDelta CityDelta City is a brand of shopping malls, with malls in Belgrade, Serbia and Podgorica, Montenegro. It is a subsidiary of Delta M, itself a division of Serbian Delta Holding.-Delta City Belgrade:...
'.
- Delta Sport: This division is the largest distributorDistributorA distributor is a device in the ignition system of an internal combustion engine that routes high voltage from the ignition coil to the spark plugs in the correct firing order. The first reliable battery operated ignition was developed by Dayton Engineering Laboratories Co. and introduced in the...
of sports equipment in Serbia. Delta Sport has exclusive rights to expand IntersportIntersportThe Intersport Group is an international sporting goods retailer. IIC-Intersport International Corporation is its purchasing division.The headquarters are located in the capital of Switzerland, Bern....
's retail chain in Russia, thanks to a long-term contract with Intersport, the leading sports retailer. In the Balkans, Delta Sport is also the exclusive distributor of NikeNike, Inc.Nike, Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered near Beaverton, Oregon, which is part of the Portland metropolitan area...
. Delta Sport's long term goal is to expand the retail network in all markets in which it operates.
- Delta MC: Delta MC represents an Italian forklift manufacturer, 'OM PIMESPO', one of the world leaders in its field. Delta MC performs sales of all leading national and international tyre brands as well. Delta Bike, a subsidiary of Delta MC, is the biggest bicycle producer in the country. The plant of Delta Bike is located in SuboticaSuboticaSubotica is a city and municipality in northern Serbia, in the Autonomous Province of Vojvodina...
, and is equipped with machinery capable of producing a full range of bicycles.
- Delta Insurance: This division has the highest growth in the Serbian insurance marketMarketA market is one of many varieties of systems, institutions, procedures, social relations and infrastructures whereby parties engage in exchange. While parties may exchange goods and services by barter, most markets rely on sellers offering their goods or services in exchange for money from buyers...
. Delta Re is the newest subsidiary of Delta Insurance. Their reinsurance partners are Hannover RE, Swiss RE, Munich RE and Aon Corporation. The services were expanded to include Delta Life, the life insurance program and Delta Pension Fund. This is the first domestically-owned private pensionPensionIn general, a pension is an arrangement to provide people with an income when they are no longer earning a regular income from employment. Pensions should not be confused with severance pay; the former is paid in regular installments, while the latter is paid in one lump sum.The terms retirement...
insurance.
Subsidiaries
- Delta M:
- Delta Agrar/Agribusiness
- Delta Agrochemicals
- Delta DMDDelta DMDThe import and distribution of foodstuffs, beauty products and household appliances are the main activities of Delta DMD.In cooperation with the company Beiersdorf, for which Delta M is the exclusive distributor, the profit center for goods of general consumption, imports and distributes Nivea face...
- DiFashion
- Delta Broker
- Delta Invest
- Delta CityDelta CityDelta City is a brand of shopping malls, with malls in Belgrade, Serbia and Podgorica, Montenegro. It is a subsidiary of Delta M, itself a division of Serbian Delta Holding.-Delta City Belgrade:...
- Delta Motors
- Delta Sport:
- Delta Sport Balkan
- Delta Sport CIS
- Costa CaffeCosta CoffeeCosta Coffee is a British coffeehouse company founded in 1971 by Italian brothers Sergio and Bruno Costa, as a wholesale operation supplying roasted coffee to caterers and specialist Italian coffee shops. Since 1995 it has been a subsidiary of Whitbread, since when the company has grown to over...
chain
- Delta MC:
- Delta Moto Commerce
- Delta Bike
- Delta Insurance:
- Delta Life
- Delta Re
- Delta Star Group