Stanko Subotić

Stanko " Cane" Subotic ( born September 9, 1959 in Kalinovac at Ub, Yugoslavia ) is a Serbian businessman.

Biography

Subotic comes from a simple family of craftsmen and was born as the sixth and youngest child at the same time. Since 1999 he has lived in Switzerland. His wife's name is Jagoda. Together they have a daughter named Mia

He graduated from high school in economic Ub (Serbia). In his early childhood Subotic worked in the carpentry shop of his father. Early 20s, he went to France to work as a tailor. Very soon he had his own chain of fashion stores and developed his own wholesale and retail companies.

By the year 1993, his main business was in the textile industry and production of sweets, but economic sanctions against Serbia forced him to change course.

As early as 1985 he had begun to invest in the Serbian economy, and supplied equipment for the construction industry.

In the early 1990s he returned to Serbia and founded the company "Mia" which also produces candy. The collapse of the former Yugoslavia and the expansion of competitors from Asia brought the textile industry of the Balkans in distress, which meant that Mia took over other textile producers and continuously expanded. In 1997, he left Serbia again.

In 2006, he led ranked 86 of the list of most Eastern Europeans of the Polish magazine Wprost. His personal fortune was estimated at € 650 million.

He is now a Swiss citizen.

Entrepreneurial activity

Subotic has a wide variety of beneficial interest. He is the founder and business owner of " Emerging Marketing Investment ( EMI) " in Denmark. Also by 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 commercial network in South-East Europe, with more than 4,000 employees. He is co-owner of the meat processing operation " Famis LLC", founded in 2002, as well as various companies in Greece and Russia selling non-alcoholic beverages and sporting goods.

Subotic is the owner of large-scale vineyards in France, where the high-quality wine Louis Max is produced. He began in 1989 to invest in this company and has since January 2007, the sole owner. Subotic has its own wine cellar in the center of Belgrade.

In 2003 he acquired the Serbian company " Duvan ", which has a large distribution network of kiosks. After the acquisition of Duvan Subotic 2004 it began a collaboration with the German WAZ media group. After Subotic was, however, the wanted list of Interpol and eventually arrested, the German media company terminated the collaboration in 2008.

Subotic founded in Montenegro, the company " Montenegro Futura " with a similar distribution network.

Due to an embargo against Serbia, he relocated the company headquarters to Cyprus in 2005. In the spring of 2007, Subotic acquired a portion of the St. Nikola Island near Budva and began to build a luxury hotel on the island of Sveti Stefan.

Stanko Subotic supported the democratic process in Serbia and Montenegro, which led to the overthrow of the Milošević regime and the independence of Montenegro. Among other things, he is said to have financed demonstrations for later Prime Minister Zoran Djindjic through a middleman. Financial support of the opposition during the war conceded Subotic in an interview in 2001.

Scandals

Flight affair

Zoran Djindjic, from January 2001 until his assassination in March 2003, Prime Minister of Serbia, has admitted to have used the private jet of Subotic for a trip to Moscow. A consideration have not been given for it. Subotic said: "We have no payment required, because we know how bad it is to the finances of the Republic. "

Nacional

In May 2001, the news magazine Nacional reported in several articles about alleged illegal activities in connection with organized crime, as well known members of the Serbian and Montenegrin governments. The most famous were the respective Prime Minister Milo Djukanovic and Zoran Djindjic. Subotic was referred to as " head of the entire Balkan mafia."

By the affair Subotic came more into the spotlight of media attention. He described the article as paid by its competitors Tvornica duhana Rovinj, a tobacco producer. This should build from Subotićs plans, a tobacco factory with British American Tobacco, have felt threatened.

In the following years Subotic had several lawsuits against Nacional and its chief editor Ivo Pukanić. The output of this process is controversial. The magazine claims to have won each of the 26 processes. The attorneys at Subotic claim however to have won in at least nine cases.

Insajder Interview

Mid-2006, came to new accusations against Subotic. The Mreža (Serbian: network) investigation of the Serbian police in 2003 characterized the tobacco shops Subotićs as contraband without tax payments, have made the senior members of the Milošević government possible.

On 15 May 2006 the journalist Brankica Stanković an interview with the radio station B92 was broadcast as part of the mission Insajder. In it, he claims that he got the investigation results presented by the then Interior Minister Dusan Mihajlovic in 2003. This would have assured him that he would not be the subject of further investigations and its operations would be considered legal.

Mreža arrests and Interpol Arrest Warrant

On 6 June 2007 the Serbian police arrested eight people, including former government employees and business partners of Subotic. This is alleged to be part of a criminal organization, which is controlled by Subotic. Subotic himself could not be found. An international arrest warrant for Subotic was applied later.

The Serbian Interior Ministry announced in a press release that the arrests set of the " Mreža " Ermittelungen were. They are accused of cigarette smuggling and tax evasion in the amount of € 40 million. The money should have been spent on Montenegro and Macedonia to accounts in Cyprus.

On 26 June, Subotic expressed this without revealing its location. He declared himself to be innocent and its business practices in accordance with the then usual practice. Was to damage his reputation The goal. The ultimate goal would be to end the independence of Montenegro. He also accused the opposition leaders in Montenegro Nebojša Medojević of treason and complicity in the death of Djindjic. Medojević and the acting Prime Minister of Serbia Vojislav Kostunica tried to criminalize the state of Montenegro.

Subotic was arrested on 28 May 2008 in Moscow. An extradition request from Serbia was rejected on 23 June by Russia with the reference to the Geneva Conventions. Subotic was released from prison.