Eurofast-led constrium wins sell-off advisor tender for Montenegro Airlines.

By bne IntelliNews October 20, 2010
A consortium of Eurofast, Raiffeisen Investment and Babic & Associates won the privatisation advisor tender for Montenegro Airlines, Eurofast said in a statement on its website. The consortium will provide preliminary market assessment and privatisation promotion activities, due diligence, preparation of the tender and other documentation, as well as initiation and support to tender procedure. The Montenegrin privatisation agency called in end-September a tender for the sale of 30% of the flag carrier with the deadline for the bids being set for December 15.

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