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Montenegro plans €400,000 luxury yacht purchase for official and educational use amid controversy

Montenegro’s Public Maritime Management Company plans to spend €400,000 on purchasing a small luxury motor yacht (daily cruiser or sport cruiser) for official and...

Morsko Dobro collects €430,000 guarantee from Eagle Hills amid transparent proceedings

The Director of Morsko Dobro, Mladen Mikijelj, announced that the company Eagle Hills has been charged 430,000 EUR as a guarantee payment. Speaking to the...

Controversial tender cancellation raises allegations of corruption and legal challenges

The decision to cancel tenders where unrealistically high bids from the public company Morsko Dobro were accepted is based on a new Procedure Instruction...

Montenegro nears completion of beach lease tenders, €35 million revenue expected

Tender procedures for leasing beaches along the Montenegrin coast are nearing completion, with 95% of applications processed so far, according to Milan Kovačević from...
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Eagle Hills Montenegro wins major beach concessions on Velika Plaža, expands regional investment portfolio

Eagle Hills Montenegro, a company backed by Arab capital, has made the highest financial offers for over ten beach concessions on Velika Plaža, following...

Morsko dobro calls on special prosecutor to investigate suspicious high bids in Budva tender

The Maritime Property Administration (Morsko dobro) has called on the Special State Prosecutor's Office (SDT) to get involved in verifying bids with exceptionally high...
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