Montenegro, Croatia to join efforts for securing funds for Bar-Boljare highway.

By bne IntelliNews February 23, 2010
The Montenegrin and Croatian governments will join efforts for securing financial resources for the construction of key highway Bar-Boljare. This was announced by the heads of the two governments, Milo Djukanovic and Jadranka Kosor, following the talks in Podgorica. Kosor was on one-day visit to the country, trying to resolve the issue with the Croatian consortium, which won the tender for construction of Bar-Boljare motorway. We remind that the consortium, consisting of Konstruktor Inzenjering, Tehnika, and Institut Gradjevinarstva Hrvatske (IGH), had some difficulties in securing the required guarantee and the initially defined deadline was prolonged by 2 months until end-February. Djukanovic and Kosor stated that the two governments would look together for an agreement with the international financial institutions but refused to elaborate on the details.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Montenegro says to borrow EUR 220mn this year, down 12% than planned.

Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more

Montenegro reports increased budget revenue in Q1.

Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more

Mobile phone penetration in Montenegro drops to 155.5% in Feb 2013.

Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more

Follow Us On

Most Read

  1. Ukraine's birth rate plummets to 300-year low as country’s population collapses
    6 days ago
  2. Russia’s war economy boosted by rising oil prices
    7 days ago
  3. Fresh evidence suggests that the April 2022 Istanbul peace deal to end the war in Ukraine was stillborn
    6 days ago
  4. Iran vs Israel: Who is better equipped for war?
    10 days ago
  5. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    5 months ago
  1. Russia could pay off its entire external debt tomorrow, in cash
    24 days ago
  2. Speculation swirls of “Men in Blue” in Crocus City Hall terrorist attack linked to FSB
    28 days ago
  3. Albanians campaign on social media to keep bus bridge created in freak accident
    1 year ago
  4. BRICS announce a blockchain-based payment system to create a common currency
    26 days ago
  5. UBN: Russia could take the Baltic states in 48 hours
    1 month ago

Reports

Dismiss