Megapromet and V&V Investment open Mega Mall

Montenegrin retail company Megapromet and real estate firm V&V Investment opened a EUR 14 million shopping centre, Mega Mall, in the Adriatic city of Budva, company representatives said.

The three-level shopping centre covers an area of 14,000 square meters. Its construction took less than two years, according to Mega Mall's PR officer, Tatjana Kotarac.

The shopping mall offers 240 parking spaces. It also houses a 2,500 sqm Mega Promet hypermarket, part of retail chain of Megapromet.

The investment project was supported by local lenders CKB and Erste Banka. Both Megapromet and V&V Investment are based in Budva and are fully owned by their founders, Miodrag Mitrovic and Goran Vuletic, respectively.