MFG Ltd – tradition, innovation, and sustainability for the energy of the future

MFG Ltd tradition innovation sustainability energy future

Photo: MFG


May 8, 2024






May 8, 2024





MFG is one of the pioneers in the wind power sector in Serbia. The company based in Vršac in the Banat region in the country’s northeast has so far developed a project portfolio of 111 MW in total.

MFG – Matić Family Group is a conglomerate of companies founded by the Matić family, whose entrepreneurial story dates back to the early 1930s. This family company is dedicated to long-term sustainability with a view to the future – hence, renewable energy sources are at the center of its business, with a particular focus on wind park development in Serbia. They are of great importance for the energy transition.

“The key moment for our company occurred in the early 2000s when the renewable energy sector in our country began to develop. At that time, we erected the first wind measurement masts and commenced wind park development, thus becoming pioneers in this field in the region. During the same period, we signed contracts for wind park development with four municipalities in the south Banat region, setting a new direction for our business and further progress,” MFG said.

MFG provides consultancy, project development services

With over two decades of work and development in the renewable energy sector, the company can now boast an impressive portfolio of developed wind parks, of 111 MW in total. In addition to various forms of consultancy services for wind parks, MFG also provides project development services to partners and investors, based on its direct experience and acquired knowledge.

MFG is a local company striving to become a symbol of blending traditional and modern business. The family heritage serves as a solid foundation, while openness to innovation is a response to the challenges of the modern era.

Building network of collaborators

“We are aware that a quality team is crucial for building a successful business system. We proudly emphasize that from project to project, we retain the core of our team and strive to build a network of collaborators who are leading experts in Serbia, the region, and Europe in various aspects crucial for the quality development of wind parks,” MFG pointed out.

At a time when responsibility and sustainability are becoming key values of business, MFG stands as a local partner for all who share the vision of a sustainable future. Your search for a partner in the development of renewable energy sources ends here, with MFG, where tradition and innovation meet.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles


Serbia’s energy-intensive industries brace for CBAM, seek state support to apply decarbonization solutions

22 May 2024 - Companies in Serbia are not afraid of decarbonization and CBAM, but are worried the state does not recognize what needs to be done to help the affected industries

Serbian industry Messer Tehnogas decarbonization Mirjana Jukic Belgrade Energy Forum

Serbian industry leader Messer Tehnogas preparing decarbonization investments

21 May 2024 - Messer Tehnogas, the main gases producer in Serbia, is looking to cover a large part of its electricity needs with photovoltaics

Romania starts work on energy communities legislation

Romania starts work on energy communities legislation

21 May 2024 - Romanian citizens will have the right to get electricity at lower prices via energy communities, Minister of Energy Sebastian Burduja said

Alcazar Energy Partners final close USD 490 million renewables fund

Alcazar Energy Partners reaches final close of USD 490 million for renewables fund

21 May 2024 - The Alcazar Energy Partners II SLP-SCSp, a Luxembourg-domiciled sustainable infrastructure fund, reached a final closing of USD 490 million