Montenegro's govt to call tender for Dr Simo Milosevic Institute this week.

By bne IntelliNews July 30, 2012
Montenegro's government plans to call a tender for the sale of 56.5% stake or 215,954 shares of Dr Simo Milosevic Institute by the end of the week, the finance ministry informed. French cosmetics company Vichy has already expressed interest in the medical centre and has again confirmed intention to participate in the tender. According to reports from last year, Serbian MK Group has also confirmed interest in acquiring Dr Simo Milosevic Institute and transforming it into a luxury hotel resort. State-owned Dr Simo Milosevic Institute has been offered for sale already a few times but without success. The last privatization procedure took place in December 2010 but failed as candidates could not provide proof and guarantees for their investments plans.

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

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335