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Government rejects agreement with Adriatic Properties over Sveti Stefan resort

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

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

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

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

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"...
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Adriatic Properties challenges tender decision over Sveti Stefan beach access

Adriatic Properties filed a complaint against the tender procedure for the lease of a beach area on the left side of Sveti Stefan, located...

Financial crisis and arbitration dispute block reopening of Sveti Stefan and Vila Miločer hotel complex

While awaiting a resolution between the Government and the lessee of the Sveti Stefan - Miločer hotel complex, Adriatic Properties, regarding whether the Sveti...
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