He will be remembered as one of the most successful Serbian businessmen and a modern patron
Belgrade, November 13, 2024 – It is with great sadness that we notify the public that President and founder of MK Group, Miodrag Kostić (1959 – 2024), passed away today, on November 13. During 40 years of his active professional career, he was a visionary and a business strategist who created one of the biggest business systems operating beyond Serbian borders, for which he became internationally recognized as one of the most influential leaders and most successful businessmen in Southeastern Europe.
During his career, Miodrag Kostić achieved great success and pioneering endeavors in agriculture, tourism, green energy production and financial services, by which he positioned his companies as leaders in these areas. Expansion of his business was followed by numerous socially responsible activities. As the crown jewel of his philanthropic activism comes the Miodrag Kostić Endowment, through which he gifted the Palace of Science to the Serbian people, as the biggest individual act of benefaction in our region since the beginning of the 20th century.
He withdrew from active role in the company 5 years ago. He passed on the strategic governance of the business system to his son, Aleksandar Kostić, Vice President of MK Group, and Chairman of the Management Board of AIK Banka. Management of both companies, together with their employees, will carry on the vision of continuous growth and development paved by Miodrag Kostić.
Today Serbian and regional economy lost a great man, but his name and vision will carry on through his children and their families, as well as through MK Group, AIK Banka and the Endowment of Miodrag Kostić.
