Stanko Subotić
Stanko "Cane" Subotić (born September 9, 1959 in Kalinovac near Ub , Yugoslavia ) is a Serbian businessman who also has Swiss citizenship.
Life
Subotić comes from a simple family of craftsmen and was born as the sixth and youngest child. He graduated from the economic high school in Ub (Serbia). In his early childhood, Subotić worked in his father's carpentry workshop . In his early twenties he went to France to work as a tailor .
In 1985 he started investing in the Serbian economy and supplied equipment for the construction industry . He built his own chain of fashion stores and developed his own wholesale and retail business. Until 1993 his main business was the textile industry and the production of sweets, but economic sanctions against Serbia forced him to take a different course.
In the early 1990s he returned to Serbia and founded the company "Mia", which also produces sweets. The collapse of old Yugoslavia and the expansion of competitors from Asia put the Balkans' textile industry in distress, which led to Mia taking over other textile producers and expanding continuously. In 1997 he left Serbia again.
In 2006 he was ranked 86th on the list of the richest Eastern Europeans by the Polish magazine Wprost . His personal wealth was estimated at € 650 million.
He has lived in Switzerland since 1999. He is married and has a daughter. He is now a Swiss citizen.
Entrepreneurial activity
Subotić is the founder and owner of Emerging Marketing Investment (EMI) in Denmark. Also from the Serbian company "D Trade", whose main business is the sale and distribution of wine, newspapers and magazines and real estate. He is co-owner of "Futura plus", a trading network in Southeast Europe with more than 4000 employees. He is co-owner of the meat processing company "Famis LLC", founded in 2002, as well as various companies in Greece and Russia that sell non-alcoholic beverages and sporting goods.
Subotić is the owner of large vineyards in France where Louis Max wine is produced. He started investing in this company in 1989 and has been the sole owner since January 2007. Subotić has its own wine cellar in the center of Belgrade.
In 2003 he acquired the Serbian company "Duvan", which has a large sales network of kiosks. After acquiring Duvan, Subotić began working with the German WAZ media group in 2004 . However, after Subotić was wanted by Interpol and finally arrested, the German media company ended the cooperation in 2008.
Subotić founded the company "Montenegro Futura" in Montenegro with a similar distribution network.
Due to an embargo against Serbia, he moved the company headquarters to Cyprus in 2005. In spring 2007 Subotić acquired part of the St. Nikola Island near Budva and started building a luxury hotel on the Sveti Stefan Island .
Stanko Subotić supported the democratic process in Serbia and Montenegro that led to the overthrow of the Milošević regime and independence from Montenegro. Among other things, he is said to have financed demonstrations for the future Prime Minister Zoran Đinđić through an intermediary. Subotić admitted financial support to the opposition during the war in an interview in 2001.
Tobacco affair
In 2001, Subotić was accused by articles in the Zagreb weekly newspaper Nacional of smuggling cigarettes together with the Montenegrin President Milo Đukanović and the Serbian opposition member Zoran Đinđić in the second half of the 1990s.
Subotić described this claim as invented by Croatian competitors in the cigarette industry. Allegedly, the matter was ordered and directed from Belgrade, Serbia.
Individual evidence
- ↑ 24 sata Portrait ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. (Serbian)
- ↑ The Downfall of the Balkan Boss Nacional (English)
- ^ The Belgrade Connection Financial Times Deutschland ( Memento from September 29, 2007 in the Internet Archive )
- ↑ www.glas-javnosti.co.yu. Retrieved October 23, 2019 .
- ↑ e-novine.com - Court in Zagreb: Cane was black mailed. May 2, 2011, accessed October 23, 2019 .
- ↑ Žrtva sam kriminalaca koji su ubili Zorana Đinđića - Nacional.hr. Retrieved October 23, 2019 .
Web links
| personal data | |
|---|---|
| SURNAME | Subotić, Stanko |
| ALTERNATIVE NAMES | Cane |
| BRIEF DESCRIPTION | Serbian businessman |
| DATE OF BIRTH | September 9, 1959 |
| PLACE OF BIRTH | Kalinovac near Ub , Yugoslavia |