It encompasses numerous sectors including manufacturing, civil engineering and constructing, International wholesales export-import trading, telecommunications and electronic media, banking and finance, science and education and charitable activities.

[citation needed] In 2006, Karić fled Serbia to Russia after the Serbian Prosecutor's Office began an investigation against him for alleged fake investments through his mobile operator Mobtel.

[7] Karić subsequently formed and registered his political party Strength of Serbia Movement (SSM) which participated in the local elections of September 2004.

Its representatives, in coalition with other democratic forces were part of many municipal councils (including that of the capital Belgrade), and it had several deputies and ministers in the Provincial Government of the Autonomous Province of Vojvodina.

[9] On June 3, 2022, Bogoljub Karić was sanctioned by the EU authorities because he is believed to have close ties with the president of Belarus, Alexander Lukashenko; and his company, Dana Holdings, is said to be the only non-government owned entity that provides the Belarusian regime with economical benefits.