Serbian minister discloses undeclared stake in Croatian firm after media reports

Serbia's Minister of Mining and Energy, Dubravka Djedovic Handanovic, has submitted an updated asset disclosure report following media revelations about her undeclared ownership in a Croatian firm. The report, filed on June 8, 2026, details her 35 percent stake in 'Kulturistria' d.o.o. Zagreb, with a nominal value of 101,340 euros.

According to the Croatian business registry, Handanovic has been a co-owner of 'Kulturistria' since December 6, 2022. However, this information was omitted from her previous asset declarations to the Agency for the Prevention of Corruption. The agency confirmed the disclosure in response to an inquiry from the media outlet Nova Ekonomija.

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All of my assets and ownership stakes in legal entities, both in Serbia and abroad, have been duly reported to the Agency for the Prevention of Corruption.

In a statement previously provided to Nemanja Sarovic, leader of the “Love, Faith, Hope” movement, Handanovic asserted that all her assets and ownership stakes, both domestic and international, were properly reported. She further clarified that 'Kulturistria' generates no profit, engages in no business activities, and has no employees. The company's sole asset is land that Handanovic acquired prior to her appointment as minister.

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The minister reported a 35 percent stake in the company, with a nominal value of 101,340 euros.