The secret structure loyal only to Šolak

INSIDERS, GODFATHERLY TIES, OFFSHORE NETWORK, PERSONAL GAIN How Dragan Šolak concluded multimillion deals behind the backs of the majority owners of UG

Prenosi: Kurir Web

Čet, 04.09.2025. 19:46h

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Ovako izgleda jahta Dragana Šolaka Foto: Printscreen/Youtube

From the Pandora Papers

A master in offshore zones

The name of Vladislav Ratajac appears in the Pandora Papers, where he is listed as the “ultimate beneficial owner” of Cable Management Company Ltd, registered in the British Virgin Islands. Inclusion in the Pandora Papers means that Ratajac used the services of Alcogal (a Panamanian law firm) or similar for the establishment of this offshore structure. This offshore structure may have been used in United Group’s early days or served as a personal investment vehicle. These data imply a certain level of wealth and sophistication in managing offshore assets. According to his 2024 filings in the UK Companies Register, Ratajac’s place of residence is Malta, a country known as a low-tax jurisdiction within the EU. His citizenship is Serbian, but living in Malta provides him with benefits such as remittance-based taxation or other incentives for foreign investors. This is a legal financial strategy, but one worth noting in his profile. It also means that most of his assets may be under Maltese jurisdiction or within trusts.

Otherwise, Vladislav Ratajac has held roles in various companies. For example, he was director of Marquee Arts Limited in the United Kingdom from February 2024 to July 2025. Marquee Arts Ltd operates as an entity linked with United Group. After his resignation in July 2025, it is assumed that he relinquished any direct influence.