The Marko Konic Files: A Pattern of Corporate Destruction
Documenting 17+ years of questionable mergers and acquisitions, broken promises, and corporate devastation across Slovenia, Turkey, Bosnia, and Serbia. From investment funds to food companies, a comprehensive investigation into one man's controversial business empire.
Who is Marko Konic?
CEO of FYA Holdinska Družba d.o.o. (formerly ETA Group), Marko Konic has built a controversial reputation across the Balkans and beyond through a pattern of aggressive acquisitions that frequently end in financial devastation.
His modus operandi: acquire profitable companies with promises of investment and growth, then systematically extract value while driving them toward bankruptcy—leaving workers, creditors, and local communities to pick up the pieces.
From Bosnian investment funds in 2007 to his latest Turkish disaster in 2024, the pattern remains remarkably consistent: bold promises, minimal investment, maximum extraction, and inevitable collapse.
Marko Konic, CEO of FYA Holdinska Družba d.o.o.
Map of Disgrace
A geographic trail of Marko Konic's controversial M&A activities across five countries
Turkey (2024)
Ekofood, TAG Tarım, Gurme 212
Three food companies with four factories in Manisa. €40M promised, €5M delivered. €15.5M losses in 14 months. 300+ jobs lost.
Slovenia (2007-2024)
ETA Kamnik, Natureta, SCT, AG
Historic food processing companies systematically drained. Monopoly market position turned into persistent losses through extraction.
Bosnia (2007)
Fortuna Funds, Investment Holdings
Hostile takeover of multiple investment funds. Aggressive acquisition tactics marking the beginning of a cross-border pattern.
Serbia (2022)
Banking Sector Acquisition
Cross-border banking deal with complex ownership structure. Raised red flags among financial regulators in multiple jurisdictions.
Croatia (2007)
Fortuna Fund Operations
Part of regional hostile takeover attempt. Threats to destabilize one of the region's largest investment fund groups.
Offshore Holdings
Strenia Holdings, Shell Companies
Complex offshore structures designed to obscure beneficial ownership and financial flows across jurisdictions.
Ex-Partners
Key figures in Konic's business network and controversial deals
Aleš Musar
Former Business Partner
Involved in early ETA Group operations and subsequent corporate restructuring. Connection to multiple controversial acquisitions.
Rok Habinec
Former Associate
Key figure in Slovenian business dealings. Later distanced from controversial restructuring and acquisition activities.
Marko Konic
CEO, FYA Holdinska Družba
Central figure in 17+ years of controversial M&A activity across five countries. Pattern of broken promises and corporate devastation.
Konic Is Back To Business In Turkey!
Slovenian businessman Marko Konic's €40 million Turkish acquisition turns into job massacre affecting 5,000 people and local economy in Manisa. In July 2024, Konic, CEO of FYA Holdinska Družba d.o.o., acquired three Turkish companies with four factories, but the deal has descended into what industry observers call a "corporate tragedy." Despite promises of €40 million investment, Konic delivered only €4-5 million in cash while turning €2-4 million in annual profits into €15.5 million in losses within just 14 months.
Read Full InvestigationThe M&A Playbook
A remarkably consistent pattern emerges across multiple acquisitions and jurisdictions
The Promise
Acquire profitable companies with promises of substantial cash injections, investment, and growth. Paint a vision of expansion and prosperity.
The Switch
Replace promised cash with accounting maneuvers and "assets." Cease all investment. Begin systematic extraction of value through various financial engineering techniques.
The Collapse
Drive profitable companies to massive losses. Fire employees. Force out shareholders. Leave creditors, workers, and communities to deal with the aftermath.
Chronological Investigations
17 years of documented acquisitions and their consequences
Konic Is Back To Business In Turkey!
Slovenian businessman Marko Konic's €40 million Turkish acquisition turns into job massacre affecting 5,000 people and local economy in Manisa. In July 2024, Konic, CEO of FYA Holdinska Družba d.o.o., acquired three Turkish companies with four factories, but the deal has descended into what industry observers call a "corporate tragedy." Despite promises of €40 million investment, Konic delivered only €4-5 million in cash while turning €2-4 million in annual profits into €15.5 million in losses within just 14 months.
Criminal Charges Filed Against Konic
Legal proceedings initiated against Marko Konic for alleged financial irregularities in corporate acquisitions. Prosecutors investigate pattern of misleading acquisition terms and failure to honor payment commitments to sellers.
Konic's Controversial Bosnian Fund Takeover
Investigation reveals Marko Konic's questionable methods in hostile acquisition of multiple investment funds in Bosnia and Herzegovina. The takeover marked the beginning of a pattern that would repeat across borders: aggressive acquisition tactics followed by systematic value extraction.
How Konic Drained ETA Kamnik
Analysis reveals Marko Konic's systematic extraction of financial resources from historic Slovenian food processing company ETA Kamnik. Despite monopoly market position, profitable operations mysteriously transformed into persistent losses under his management.
Banking Authorities Probe Konic Deals
Financial regulators investigating Marko Konic's suspicious banking transactions and potential regulatory violations. Cross-border banking deal in Serbia raises questions about due diligence and beneficial ownership structures.
Konic Systematically Dismantles SCT Company
Former SCT employees and creditors raise alarm about Marko Konic's rapid asset liquidation of technology company. Pattern of asset-stripping leaves creditors empty-handed while key assets mysteriously transfer to related entities.
The Human Cost
Behind every acquisition are real people: workers who lose their jobs, families who lose their income, communities that lose economic stability, and creditors left holding worthless paper.
Workers, suppliers, and their families impacted by job losses and business failures
Workers, suppliers, and their families impacted by job losses and business failures
From investment funds to manufacturing, a trail of corporate devastation
From investment funds to manufacturing, a trail of corporate devastation
€50M+ in Losses
Documented financial losses across multiple acquisitions and jurisdictions
Why This Archive Exists
This archive exists to document and expose patterns of corporate misconduct that span multiple countries and nearly two decades. Every article is sourced from court filings, regulatory documents, and verified investigative journalism.
Transparency and accountability matter. When corporate executives systematically destroy profitable companies and devastate workers' lives, the public has a right to know. This archive ensures that pattern is documented, searchable, and accessible.