Divisions
Delta Holding has five divisions, each one serving a different purpose. The divisions are as follows:
- Delta Agrar Group: The largest division of Delta Holding. This division operates in the agribusiness activities include agricultural production, processing, distribution and marketing. Delta Holding sold its Maxi supermarket chain to Delhaize Group in 2011 for 932.5 million euros.
- Delta Real Estate Group: Real estate developer for commercial, hotel, and residential purposes. The first Delta City shopping mall was completed in 2007 in Belgrade, and covers an area of 85,000 m² and over 130 stores. A second Delta City was completed in Podgorica, Montenegro in 2008.
- Delta Sport: Trade, retail and wholesale of sports and fashion goods. Delta Sport has exclusive rights to expand Intersport's retail chain in Russia, thanks to a long-term contract with Intersport, the leading sports retailer. Delta Sport is the exclusive distributor of Nike products in the region. Delta Sport holds a 15 year franchise contract with Costa Coffee chain.
- Delta Generali: Insurance and reinsurance division. Delta Re is the newest subsidiary of Delta Insurance. Their reinsurance partners are Hannover RE, Swiss RE, Munich RE and Aon plc. The services were expanded to include Delta Life, the life insurance program and Delta Pension Fund. This is the first domestically-owned private pension insurance.
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Famous quotes containing the word divisions:
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—Alexander Pope (1688–1744)
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