Disagreements over unpaid pension contributions, severance and compensation continue to affect the restructuring of Montenegro’s Vektra Boka tourism company, as former employees challenge statements that proceeds…
Browsing: Herceg Novi
The sale of the Igalo and Plaža hotels in Herceg Novi has enabled former employees of Montenegro’s Vektra Boka to collect court-awarded employment claims, including unpaid…
Institut Dr Simo Milošević, the rehabilitation and health-tourism operator based in Igalo, generated €3.8 million in pre-tax profit during the first nine months of the reporting…
Montenegro has launched Station M, a digital innovation initiative involving Deutsche Telekom, Crnogorski Telekom and Plug and Play, with plans for an innovation centre supported by…
Montenegro had approximately 43,000 tourists present in the country, representing a 20% year-on-year increase, while the number of guests staying in hotels rose by 33%, according…
Montenegrin hospitality company Vile Oliva has completed the €20.4 million acquisition of Hotel Plaža in Herceg Novi, with plans to invest a further €20 million in…
Herceg Novi collected €11.2 million in property tax revenue between January and October 5, representing an increase of about 7.7% compared with the same period a…
Montenegrin tourism company Vila Oliva has acquired Hotel Plaža in Herceg Novi for €20.4 million, expanding its coastal hospitality portfolio to more than 3,500 beds. The…
The Hotel Plaža complex in Herceg Novi is scheduled for a forced sale with a first-auction minimum price of about €24.6 million, as creditors pursue recovery…
Herceg Novi’s strong 2026 nautical season is exposing a shortage of available berths at the municipal port of Škver, creating a potential infrastructure investment programme estimated…
