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03-Jul-2023
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Milatovic's brother successful businessman in Belgrade: From the co-owner of the gym to a partner in the company that builds the highway

Pavle Milatović, the Brother of the President of the State Jakov Milatović, has been lived and working in Belgrade for many years, and according to the writing of the Standard portal, there is a successful business in that country.

According to the standard, the first company opened by "P & P Profectus", which is still active today and deals with fitness. Milatovic's partner in this business is a Turkish citizen of Ozgur Baki Sezgin, with whom the co-owner of the "Kronos", bridges and other complex construction works on the territory of the entire Serbian company, show the Details of the Company Wall.

All Pavla Milatovic companies

In 2017, Milatović began with the Ozgin, compared to what he is doing, a relatively modest business today. According to the Company Wall Agency, Milatovic's gym in the city municipality of Palilula has modestly revodated until 2022, when the revenue growth of close to 100 percent increased. According to Company Wall, the company "P & P profectus" was 139.001 Euro, according to the data of the Company Wall, which is 86.49 percent, more than in 2021.

But this is not the only firm that Milatovic has. At the same address Sterija, the company "Xo Pharma" is also in its ownership, which is registered for non-specialized goods. Unlike the gym and company "P & P Profectus", "Xo Pharma" is 100% owned by Pavle Milatović, show the Company Wall data.

That company was established a little later - in 2021 and also realizes significant growth from year to year, according to the data of the credit agency, as much as 225 percent more than the year of establishment.

What is indicative is that neither of a company in which the ownership share has Milatović cannot find data through the media. This is especially interesting when the company "Kronos" is investigated, in which it is a co-owner together with the Ozgin, especially given that this company participates in the projects of capital importance for Serbia.

The Agency for Economic Registers of the Republic of Serbia is also not possible to find detailed information on their business SEM ONE ITRECTION AND OWNER STRUCTURES, while the turnover of these companies through the official economic register of Serbia is not available.

It is precisely on the website of the company for economic registers, Kronos leads to it is exclusively owned by Turkish citizen of Ozgina, but on the official website of that company it clearly writes that Milatović is a co-owner. The same information that Milatović co-owner "Kronos" can also be found on the COMPANY WALL Bonitetic Agency site, but also on LinkedIn Order Pavle Milatović, as well as Osgin Sezgina.

Kronos builds throughout Serbia

In the last year, Kronos experienced the real flourity by performing works on roads throughout Serbia, about what a number of photos testify, which is published on its Facebook page. The works were especially intensified during 2022, when the company "Kronos" was working, and is still working on the construction of the highway from Ljig to the peeling, with the construction of overpass and bridges in other parts of Serbia.

About millions of contracts, in public sources from the Internet, it is not possible to find anything, which is very indicative. On the official website for published tenders in Serbia, the portal of the public procurement there is not possible to find projects that have received "Kronos Construction", and are probably their subcontracts, which they signed with some other companies that receive the job.

However, according to Company Wall, "Kronos" is a serious construction story, as evidenced that only a year after the establishment had millions from the construction of various facilities in the territory of Serbia. According to the same source, the company founded Pavle Milatović and Ozgur Baki Sezgina in 2019, but only four million euros or growth was generated only in the last year compared to 2021 from as much as 226 percent.

Who is Milatovic's partner Ozgur Baki Sezgin?

Ozgur Baki Sezgin also has no data on the Internet on Milatovic's partner. In his LinkedIn order, in the work experience, he stated that the owner of one long-in-law and completely unknown consulting company, he added the gym, held with Milatovic, and then a millionth valuable company "Kronos". Without some experience in construction, he apparently became a large marketing market of capital exploitation in Serbia, because there is a co-owner with another Turkish citizen of the company "Juno Construction" company Wall, the company "Kronos", which, However, in the past year did not generate revenue.

Who does Kronos build up with?

The data and their miscellaneous success also speaks the fact that the company's office in the Waterfront building in Belgrade on the water, which has become the most expensive and most luxurious place on the territory of the capital of Serbia.

Although impossible through open sources learn about their relationships with other confinement firms, it is a public secret that the largest cake in that business takes the company "Milenijum construction", which is part of the large company "Milenium Tim", without whose amine is impossible to get some Iols of a larger building work in Serbia.

Construction of apartments, viticulture, spa tourism, gasification, bridge building ... In any of these areas to look at you will wait for you the name "millennium team" or some connected companies. It is simply the company "Keeps the Paw" over all architectural affairs in Serbia, and the right miracle would be that "Kronos" is not part of the same network of architectural companies in Serbia.

POBJEDA

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