Tag: adriatic properties

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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...

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...

Agreement reached for reopening Sveti Stefan resort

14/04/2025

A new agreement involving the reopening of Sveti Stefan, partial settlement between the state and the leaseholder, and a temporary halt of the arbitration...

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Agreement could lead to reopening of Sveti Stefan city-hotel this summer

12/04/2025

After years of delays and legal disputes, the Sveti Stefan city-hotel may soon reopen its doors to visitors. According to unofficial information from the "Dan"...