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Tags: Peter Munk

Minute of silence for Peter Munk

Minute of silence for Peter Munk

Assembly of the Municipality of Tivat held a minute of silence in the memory of Peter Munk. Peter Munk, a Canadian immigrant who founded Barrick Gold and turned it into the world’s largest gold producer, has died at the age of 90. “Munk passed away peacefully in Toronto today, surrounded by his family,” Barrick said in… READ MORE

Super Marinas: Porto Montenegro’s rise as a yachting destination

Super Marinas: Porto Montenegro’s rise as a yachting destination

In recent quarters, a myriad of marinas have gone through deep restructuring to strengthen their offering and compete for superyachts’ attention. At the core of this pivotal moment for yachting infrastructure, however, stood Porto Montenegro, one of the first, purpose-built superyacht hubs. The project started when Peter Munk, a Hungarian-born, Canadian businessman purchased a site… READ MORE

Arabs get Port of Bijela for €2.65m

Arabs get Port of Bijela for €2.65m

Bankruptcy trustee of the Adriatic Shipyard Bijela, Zarko Ostojic, approved the sale of the concession area to the consortium Adriatic Marinas-Damen for €2.65m. According to Dan, the decision was sent to the consortium yesterday by official mail. Adriatic Marinas owns Porto Montenegro and Damen is a Dutch company involved in overhauling and building ships and… READ MORE