Government and shareholders reach agreement on rescuing Dr. Simo Milošević Institute

Representatives of the Government and shareholders with significant stakes in the “Dr. Simo Milošević” Institute and HTP Vile Oliva have reached a high level of agreement on the next steps for the rescue and development of the Institute, according to a statement from the Government.

New negotiations were held ahead of the upcoming Shareholders’ Assembly of the Institute, scheduled for January 21, 2025, when the final plan for the Institute in Igalo will be presented.

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Both parties have agreed to do everything in their power to avoid bankruptcy for this institution specializing in physical medicine, rehabilitation, and rheumatology, said the Government.