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Tags: orascom

Exclusive resort to be built on Luštica

Exclusive resort to be built on Luštica

The Government of Montenegro has approved the urban-technical conditions for the construction of another exclusive resort on the Luštica peninsula, Dnevne novine states. This is a significant project for the state as well, because according to the Central Depository Agency (CDA), the state of Montenegro has 7.19 %of the ownership capital of Luštica development, while… READ MORE

Mamula is a tiny rough diamond

Mamula is a tiny rough diamond

The island of Lastavica with the Mamula fortress is being cleaned, after which the conservation and restoration of the fortress should be started, which would be turned into a five-star hotel. Also, the lessee Swiss Orascom, is conducting active discussions with relevant institutions in charge of cultural and historical heritage in order to determine what… READ MORE

More than €500,000 invested in Mamula

More than €500,000 invested in Mamula

More than €500,000 was invested in the Mamula fortress, it was stated after the sitting of the Privatisation and Capital Investments Council chaired by PM Dusko Markovic. The Privatisation Council discussed several annual investment reports, including the 2017 report on the reconstruction of the Mamula fortress on the Lastavica island. The investor already began preparatory… READ MORE