VICTORIA GROUP AD

							                    VICTORIA GROUP AD
                 DANUBE SOYA SYMPOSIUM
               Soy bean production in Serbia

Natalija Kurjak, Marketing Manager Victoria Group ad
       Soybean – production significance

• One of the most widespread industrial crops
• Major ingredient in livestock feed
• Human consumption (soy milk, soy flour, soy protein,
  tofu and many retail food products)
• Profitable product in market exchange
•   Many health benefits
           Soybean production in Serbia

• Production expansion - 1970’s
• Current production area - over 160,000 hectare
• Average yield – 2.67 tons / hectare
• Tendencies in growth of production area (over
  200,000 hectare)
•    Significant growth in production and exports of
    soybean oil
    Soybean production in Serbia
         Production               Total      Market
                      Yield                            Oil production
  Year      area               production   purchase
            (ha)      (t/ha)      (t)         (t)           (t)
  2000    162.769      1,20     195.323     147.056        29.431
  2001    96.890       2,35     227.692     199.028        33.835
  2002    118.610      2,50     296.525     257.810        43.828
  2003    145.000      1,74     252.300     238.710        40.580
  2004    122.864      2,60     319.446     307.398        52.258
  2005    130.920      2,88     377.050     375.210        67.537
  2006    156.680      2,76     432.437     432.867        75.769
  2007    153.000      2,10     321.300     321.316        56.000
  2008    150.000      2,10     315.000     275.000        52.000
  2009    141.000      2,10     296.100     256.137        48.600
  2010    155.150      3,15     488.723     408.865        91.000
  2011    165.336      2,52     416.647     366.600        75.000




• Production area in 2012 = 157.505 ha
    Soybean production in Serbia

                                                 Purchase price
                                          Year
                                                      EUR/kg
                                          2000         0,150
                                          2001         0,217
                                          2002         0,217
                                          2003         0,190
                                          2004         0,170
                                          2005         0,200
                                          2006         0,195
                                          2007         0,350
                                          2008         0,300
                                          2009         0,277
                                          2010         0,281
                                          2011         0,380




Market purchase price in 2012 = almost 0,550 eur/kg
              VICTORIA GROUP AD
• Founded in 2001

• Today: Leader in agribusiness in Serbia and the region

• Vision for the future: strategic approach to agriculture

• In 2012. Victoria Group has 10 member companies
 VICTORIA GROUP – main activities

• Processing of oil crops and production of products for human
  consumption with high level of added value.

• Production of mineral fertilizers.

• Production of animal feed, vet pharmaceutical products and
  DDD products.

• Services of purchase of oil crops and grains, organizing
  primary production and distribution of oil crops and grain
  seeds, mineral fertilizers and pesticides.
      VICTORIA GROUP – financial
         indicators for 2011.
• Total income - 524 million EUR.

• Sales in foreign markets – 174 million EUR.

• Actual operating profit (EBITDA) – 54 million EUR.

• Net profit – 24 million EUR.
                  SOJAPROTEIN

• The annual processing capacity is 250.000 tons.

• We use non-genetically modified soy beans in production
  process.

• Products are categorized in two basic groups: protein based
  and oil based products.

• We have implemented standards in production (ISO 9001,
  ISO 22000, ISO 14001, OHAS 18001,KOSHER AND HALAL)
                     SOJAPROTEIN

• We offer our products in 36 countries worldwide – EU, Russian
  Federation, CEFTA and EFTA members, Middle East and North
  African countries

• Obtained a valid certificate of origin, traceability and genetic
  purity (IP NON GMO)

• EU is the most important market with 80% of exported products.
                    SOJAPROTEIN

• Investments in 2011 in total of 22,5 million EUR

• Construction of traditional Soy protein concentrate factory,
  which will allow production of 70 000 tons a year

• Construction of functional Soy protein concentrate factory
  is planned for 2013, with production capacity of 15.000 tons
  a year.
Thank you for Your time!