ZAGREB, February 5. 2020 – President-elect Zoran Milanovic has transferred his EuroAlba Advisory consulting company to the Biro Kvaka accounting service owned by Ankica Bajić-Lukačević, Zagreb Commercial Court has informed.
Milanovic has suspended his position as the director of EuroAlba Advisory as of February 3 ahead of his presidential inauguration, transferring the management rights to the Kvaka accounting service, however, he is still registered as the sole owner of the consulting company.
EuroAlba Advisory was entered in the companies register in 2016 as a limited liability company with management consultancy as its sole line of business. Milanović is registered as the sole founder and employee. The company’s subscribed capital was 20,000 kuna.
The financial statement of January 24 shows that in 2019 the company’s revenue totalled 258,596 kuna and expenditure amounted to 121,538 kuna. Pre-tax profit was 137,058 kuna and profit tax was 17,674 kuna. Thus, net profit came to 119,384 kuna.
By comparison, in 2018 the company generated a higher profit, of 552,952 kuna; revenue was 745,292 kuna, expenditure 115,407 kuna and profit tax was 76,933 kuna.
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