Pedja Petronijevic steps down from GTC Management Board

06 July 2022

Pedja Petronijevic and GTC terminated their agreement with mutual consent as a result Pedja will be steeping down from his current position as a member of GTC’s Management Board effective as of 15 July 2022. Pedja Petronijevic will continue to work with GTC in an advisory role on certain development projects in Serbia and Croatia. Mr Petronijevic served the company as Chief Development Officer and previously had held the position of Country Manager at GTC Serbia. During his almost 15-year cooperation with GTC, he was responsible for the development of the Serbian portfolio and then for its successful sale.

Pedja Petronijevic started his career at GTC as a Technical Director for Serbia in 2008. In 2012, he was promoted to Country Managing Director to successfully manage portfolio growth. During his cadence, GTC completed the construction of 10 office properties in Belgrade, including FortyOne and Green Heart, as well as Ada Mall, a modern shopping center in the heart of Belgrade. For years, he was responsible for the Group’s portfolio, especially on the Serbian market. Mr Petroniievic played crucial role in finalising the sale of the Serbian portfolio, which was one of the largest real estate transactions in the last 5 years on the CEE market. Pedja Petronijevic was also honored with the Best Leadership of the Year award in the 2017 CIJ Awards Serbia & SEE.

I am truly grateful for all these fruitful years spent at GTC. This company gave me more opportunities than I could ever ask for. As hard as it is for me to leave, I will be present in GTC’s activities and support the company as an advisor going forward. I feel I am part of the family

commented Pedja Petronijevic.

We are more than thankful to Pedja for what he has helped us achieve in Serbia. Since he joined GTC in 2008, the Group has significantly expanded its portfolio and strengthened its position in the CEE region. During his time with GTC, he has proven to be an extraordinary visionary and has elevated the company to a new level. Pedja’s departure is motivated by personal issues, however he will continue to work with GTC in an advisory role on certain development projects in Serbia and Croatia. He has been and will continue to be very important to our growth

added Zoltán Fekete, GTC’s CEO.

Pedja Petronijevic graduated from The University of Belgrade where he obtained M. Sc. degree in mechanical engineering. Prior to GTC, he was in charge of operations of Mercury Engineering in Serbia. He started his professional career being a project engineer in one of the largest developments in Gaborone, Botswana.

The GTC Group is a leading real estate investor and developer focusing on Poland and capital cities in Central and Eastern Europe. During 25 years of its activity, GTC has developed 77 high standard, modern office and retail properties with a total area of approx. 1.4 million sq. m through Central and Eastern Europe. GTC now actively manages a commercial real estate portfolio of 45 commercial buildings providing ca. 763 ths. sq m of lettable office and retail space in Poland, Hungary, Bucharest, Belgrade, Zagreb and Sofia. In addition, GTC has a development pipeline of approx. 460 ths. sq m retail and office properties in capital cities of Central and Eastern Europe, 51 ths. sq m under construction. GTC S.A. is listed on the Warsaw Stock Exchange and inward listed on the Johannesburg Stock Exchange.

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