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MK Group

MK Group

MK GROUP d.o.o. Beograd

Beograd, Serbia

WindSolarBiogas
Founded 1983
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Profile last updated: October 9, 2026

About

Founded in 1983, MK Group is a renewable energy company headquartered in Beograd, Serbia specializing in Wind, Solar, Biogas.

MK Group is a diversified business group founded in Serbia in 1983 by Miodrag Kostić. Its activities include agriculture (through MK Agriculture and Sunoko), food processing (Carnex), hospitality, real estate and renewable energy through its MK Energy division. The group operates across the Adria region, including Serbia, Slovenia, Croatia and Montenegro. In renewable energy it has developed wind farms, including the 105.6 MW Krivača wind farm, an agrivoltaic project in Kula, and a biogas plant in Vrbas.

Headquarters

Beograd, Serbia

Founded

1983

Focus areas

renewable energywind energysolar energyagrivoltaicsbiogasenergy transitionagriculturesugar productionhospitalityreal estateSerbiaAdria region

Products & services

Business models

IPPB2B

Value chain

Development

Service areas (1)

  • Adria region

    Diversified operations in agriculture, food processing, hospitality, real estate and renewable energy.

Locations

Headquarters

Bulevar Arsenija Čarnojevića 59b, 11070, Beograd, Serbia

Service regions

SerbiaSloveniaCroatiaMontenegro

Projects

4

Krivača wind farm

OperationalOnshore wind farm

Wind farm spanning about 56 km across the municipalities of Golubac and Kučevo in Eastern Serbia. It has 22 turbines and an annual output of about 310 GWh, with an investment of 165 million EUR in partnership with Alfi Renewables.

105.6 MW capacityGolubac, Serbia

Agrosolar Kula

Agrivoltaic solar PV

Agrivoltaic project combining solar power generation with low-growing crop production beneath solar panels, on about 770 ha in the Kula municipality. Investment of 340 million EUR, developed with Fintel Energija.

Kula, Serbia

Vrbas biogas plant

OperationalBiogas plant

Biogas plant operated within Sunoko that produces electricity from by-products of sugar beet processing. Investment of 9.5 million EUR, with test production starting in 2022.

2.4 MW capacityVrbas, Serbia

Planned solar power plant

Under ConstructionUtility-scale solar PV

Planned solar power plant with an estimated annual output of about 832 GWh. Construction completion is planned for the end of 2026.

660 MW capacity

Credentials & affiliations

Awards

TRANSIT international award, Industries category

TRANSIT2025Industries

ESG Leaders award, Climate change actions category

2024Strategy E – Environmental protection, climate change actions

Partnerships

Fintel Energija, Alfi Renewables, Aleksandar Group

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