The Monitoring Commission for the Restructuring Plan of the Igalo Institute has launched a public offer to purchase shares from minority shareholders, the commission announced at its first meeting held at the Ministry of Health.
The commission, chaired by Health Minister Vojislav Šimun, initiated concrete steps, including the public share buyback, followed by recapitalization and an investment cycle. These measures aim to financially consolidate the Institute and prepare it for new investments.
The government approved the Restructuring Plan on May 15, allowing the Institute to avoid bankruptcy and establishing a foundation for sustainable operations and future development. The plan complies with domestic legislation and state aid regulations and has received a positive opinion from the Competition Protection Agency.
The commission described the initiative as a historic step and a long-term commitment to resolving the Institute’s decades-long challenges, ensuring accessible and quality healthcare for all citizens of Montenegro.