Montenegro signs concession agreement for Port of Kotor

Montenegro signs concession agreement for Port of Kotor

Published at: 2019-03-27 09:37 | Author: CIJ Serbia
Luka Kotor signed a concession agreement with Montenegro’s transport ministry to operate the Port of Kotor for a period of 12 years. Under the agreement, the company will invest €5m in infrastructure and the further development of the harbor to support the latest generation of cruise ships that navigate through the bay. Luka Kotor will also pay an annual concession fee €250,000.

Similar Stories:

Croatia building 121 km bike path along Sava river
Croatia is about to begin construction of a 121 km bike path along the river Sava. The val  »
Slovak-based TMR buys Austria's Mölltaler-Gletscher ski resort
The Slovak company Tatra Mountain Resorts has acquired the Mölltaler Gletscher resort in  »
Kino Cineplexx to open in Sarajevo next year
A new multiplex is scheduled to open in Sarajevo’s Marijin Dvor district next year. The  »
Uber free to return to Bratislava after year's absence
Uber can now return to the streets of Bratislava, following the introduction of a new law  »
Czech Republic  ♦  Bryan Wilson : On Management
What’s guided your theory of management? I’d start by saying that in no way do I cons   »
The Czech investment group Redside has completed the acquisition of the Trenčin Industria   »
The Prague-based property conference took place in the shadow of the financial crisis that   »
Radom airport has been the butt end of jokes for years. Czech Airlines and Air Baltic both   »