Tag: igalo

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Simo Milošević Institute to raise €21–23 million in recapitalization to clear debts and fund modernization

22/10/2025

The Simo Milošević Institute in Igalo is set to receive €21–23 million from a recapitalization expected in January or early February next year. The...

Herceg Novi plans 11.9 million euro panoramic cable car from Igalo to Žvinje Hill

06/09/2025

The Municipality of Herceg Novi has submitted a request to the Secretariat for Ecology and Energy Efficiency to determine whether an Environmental Impact Assessment...

Seasonal workers to be housed at “Simo Milošević” Institute as tourism demand grows in Herceg Novi

17/06/2025

The tower block (soliter) of the first phase of the "Simo Milošević" Institute in Igalo will this season be used to house seasonal workers...

Institute Dr Simo Milošević in Igalo sees revenue growth amid challenging year, prepares for major renovation

10/06/2025

In 2024, the Institute Dr Simo Milošević in Igalo generated €10.3 million in revenue, up €800,000 from 2023, despite the absence of Scandinavian clients...

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Without Norwegians, the Igalo Institute loses secure income

26/09/2023

The Norwegian State Hospital from Oslo, which has been the most important foreign partner of the Dr. Simo Milošević Institute for almost five decades,...