Desire for Addiko

Wild Serbian poker for Viennese private bank

Addiko's share price rises sharply.

(Bild: zhenliu - stock.adobe.com)

The name Addiko is a big name in the Balkans. The successor bank to Hypo Alpe Adria, based in Vienna, is therefore also considered an attractive takeover candidate - especially for two Serbian magnates.

The name Addiko is a big name in the Balkans. The hamster mascot in particular has real appeal in Serbia - probably also thanks to the high demand for low-cost consumer loans. This is why the lean, expanding bank is also one of the biggest players there - especially in the customer business.

Addiko Bank is a major player on the Serbian market.

(Bild: Addiko Bank)

The successor bank to Hypo Alpe Adria, based in Vienna, is therefore also considered an attractive takeover candidate - especially for two Serbian tycoons: "sugar baron" Miodrag Kostić and bureau de change king Davor Macura are currently vying for supremacy. Macura and his ALTA Group have already bought ten percent of the shares, including further options, and are likely to have beaten his rival to the punch.

Headquarters to remain in Austria
He is already confident of victory. However, he still sees the bank's future in Austria. "The Addiko headquarters will remain in Vienna. Continuity and learning from the best is very important to us."

Serbian magnate Davor Macura and his ALTA Group are reaching for the domestic Addiko Bank.

(Bild: ALTA-Group)

The main objective of the takeover is: The path of Europeanization and the already important recognition of European regulations in the ALTA Group should be the driving element of the expansion and further development of both companies through the participation in Addikko Bank.