Millhouse Capital establishes company in Serbia with subscribed capital of about EUR 2.7 billion - Investment holding from London plans acquisition of several companies in Serbia

Millhouse Capital investment holding has recently founded a company in Serbia with the same name. According to the data provided by the Business Registers Agency, subscribed non-cash capital of the company is at RSD 323,204,000,000, which is approximately EUR 2.7 billion!

As a source from this investment holding headquartered in London exclusively confirmed to eKapija, Millhouse Capital plans to base its international operations in the domain of oil and gas right here.

Besides, as we were told, they are currently negotiating acquisitions with six companies. The media have recently speculated that one of them was bank. However, given that the investment holding signed an NDA, it is perfectly understandable that they cannot reveal the names of these companies yet. Aside from intending to acquire new companies, keep the workers and create new hiring opportunities, they also plan to invest in few companies in order to increase their capital and turnover.

When it comes to plans for the following period, the London investment holding says they primarily want to take advantage of the existing capacity, modernize some of these factories and reintroduce them to the market.

- Agriculture in Serbia has a great potential. It is an important pillar of the Serbian economy. Something needs to be done to stop the migration of a growing number of people from villages to cities, who are all moving only because they cannot earn enough money from agriculture. It is important for people to realize that it is impossible to turn all negative into positive over a night. Such changes take years, especially in agriculture. We are able to export products to the countries that need them. Our wish is to change the thinking of farmers, which is why we have plans to invest in the agrarian sector - its been said for "eKapija" in London.

At Millhopuse Capital say that they are open to strategic partnerships.

People at this investment holding add that Serbia is like an "uncut diamond." Even though such diamond does not seem attractive at first sight, with the right processing and patience it becomes a shining gem.

- Our vision is an independent Serbia, something like Switzerland in the Balkans.

The owner of the London investment group Millhouse Capital is German businessman Ralf Dodt, and the newspapers wrote last year that this holding was interested in taking over the Balkan operations of Austria`s Hypo Alpe Adria Bank.