adriatic properties Archives - Montenegrobusiness

Adriatic Properties to restart Miločer hotel construction after five-year halt

18/09/2026

Adriatic Properties will resume construction of the Janu-Kraljičina plaža hotel complex in Miločer on Oct. 1, the company said, restarting a major coastal tourism...

Miločer opposition raises new execution risk for Adriatic Properties hotel restart

08/09/2026

A civic initiative opposing development at Miločer has challenged the planned October restart of Adriatic Properties’ hotel project, adding a new layer of execution...

Montenegro defends Adriatic Properties construction rights in Miločer dispute

09/05/2026

Montenegro’s Ministry of Spatial Planning, Urbanism and State Property (MDUP) has stated that Adriatic Properties has the legal right to continue construction of the partially completed...

The Court of Appeal upholds London Arbitration Tribunal’s ruling, orders Sveti Stefan Hotels and the Government to pay £522,000 to Adriatic Properties

12/06/2025

The Court of Appeal has dismissed as unfounded the appeals filed by the Government of Montenegro, state companies and Budvanska Rivijera, upholding the decision...

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Government rejects agreement with Adriatic Properties over Sveti Stefan resort

12/05/2025

The Vice President of the Government of Montenegro and Minister of Economic Development, Nik Đeljošaj, stated that the government has not attempted to reach...

Montenegro’s agreement with Adriatic Properties over Sveti Stefan fails, arbitration resumes

07/05/2025

Negotiations between the Montenegrin government and the lessee of the elite resort Sveti Stefan, Adriatic Properties, have failed, and the arbitration process in the...