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Publication 20 years of Delta Holdinga

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Export to foreign exchange<br />

In the 1990s, the international community ruled in its blockade<br />

<strong>of</strong> Serbia, among other things, that a company that exported<br />

goods from the state and had foreign exchange, could, in<br />

the absence <strong>of</strong> foreign exchange markets, import sufficient<br />

products necessary to satisfy the needs <strong>of</strong> the population <strong>of</strong><br />

the country in isolation. In order to make a pr<strong>of</strong>it and provide<br />

foreign exchange to cover imports, <strong>Delta</strong> started the export <strong>of</strong><br />

mushrooms, raspberries and other fruit varieties, along with<br />

timber and processed wood products.<br />

The agri-business has been up until today the reliable backbone<br />

<strong>of</strong> <strong>Delta</strong> Holding’s twenty-year old business. It was not easy to<br />

be engaged in foreign trade activities in the 1990s, as there was a<br />

shortage <strong>of</strong> pr<strong>of</strong>essional staff. A significant number <strong>of</strong> educated<br />

and trained people left the country under sanctions so that<br />

<strong>Delta</strong> had to start from scratch with the creation <strong>of</strong> its HR base.<br />

// 57<br />

<strong>20</strong> GODINA YEARS<br />

PRVI SKOK 1991/<strong>20</strong>00. THE FIRST LEAP 1991/<strong>20</strong>00<br />

“In the 1990s, the last century,<br />

<strong>Delta</strong> became aware that the<br />

Serbian agricultural sector could<br />

be a business basis not only for<br />

a private company but for the<br />

economy <strong>of</strong> the whole country. It<br />

was then that the company went<br />

into the agri-business and has<br />

remained in it up until today.”

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