Tag: budvanska rivijera

Budvanska Rivijera lifts revenue as stronger pricing and July demand test the case for a €700mn overhaul

Montenegro’s state-controlled hotel group Budvanska Rivijera increased first-half revenue by 6 per cent and delivered a sharp improvement in its June operating result, offering early evidence that recent...

Privatisation Council withholds strategic report on Budvanska Rivijera as transparency concerns intensify

According to local media Monitor analysis, Montenegro’s Privatisation and Capital Projects Council is facing growing scrutiny after withholding a key consultant report on the...

Government delays decision on Budvanska Rivijera restructuring pending further analysis

Montenegro’s government has postponed a decision on the future restructuring of the state-controlled hotel company Hotelska grupa Budvanska rivijera, one of the country’s most...

Extraordinary assembly to decide on new Board and restructuring plans for Budvanska Rivijera

An extraordinary shareholders’ assembly of the state-owned hotel and tourism group Budvanska Rivijera has been scheduled for October 24, according to the Montenegro Stock...
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Budvanska Rivijera to renovate historic Hotel Mogren, preserving its heritage and charm

Budvanska Rivijera Hotels Group is set to begin the long-awaited renovation of Hotel Mogren, a historic symbol of Budva and Montenegro’s coast. The project...

Budva’s municipality to reclaim key tourist plots from state-owned hotel group

Budva’s municipality will regain ownership of several plots totaling 800 square meters in the heart of the Slovenska Plaža tourist complex from the state-majority-owned...
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