Delta M is part of Serbian diversified group Delta Holding owned by Serbian tycoon Miroslav Miskovic.
The firm is engaged in the agribusiness, retail, distribution, financial brokerage and real estate development.
The company has initiated several large-scale projects for construction of shopping malls in the Serbian capital Belgrade and Montenegrin capital Podgorica.
At the end of 2005, Delta M acquired its retail rival C-Market, boosting its retail network to more than 400 outlets in the country.
It has expressed plans to invest EUR 166 million in 2006, including EUR 81 million for retail sector upgrade, EUR 40 million for the construction of new stores, EUR 15 million in upgrade of its agriculture companies and EUR 30 million in new projects.
Delta M invested a total EUR 220 million in 2005 and some EUR 70 million of the total were green field investments.
In 2006, three separate entities - Delta Agrar, Delta Automoto and Delta DMD were spun off from Delta M. In August 2007, Delta M was renamed into Delta Real Estate.
In end-2007, the company announced plans to invest EUR 2.5 billion over the next five years.
Headquarters
Vladimira Popovica 8a
Belgrade; Belgrade;
Postal Code: 11070
Contact Details: Purchase the Delta Real Estate D.O.O. Beograd report to view the information.
Website: http://www.deltarealestate.rs
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