Tag: shareholders

Co-owner to monitor potential share consolidation at Institute amid privatization plans

Co-owner of the "Simo Milošević" Institute, Žarko Rakčević, whose company Vile Oliva holds 27.4% of the shares, announced that he will closely monitor the...

Minority shareholders reject Government’s proposal for Simo Milošević Institute recapitalization

Minority shareholders will not allow the marginalization being imposed on them, and we have proposed a plan to save the Simo Milošević Institute, said...

Institute Igalo restructuring plan approved by board, awaiting Shareholders’ decision

The Board of Directors has decided at meeting to approve the restructuring plan for the Institute Igalo and will submit it to the Shareholders’...

CGES announces €10 million dividend from €35.7 million profit

CGES has announced plans to distribute a dividend of €10 million to its shareholders, sourced from a total profit of €35.7 million earned in...
Supported byVirtu Energy

Financial maneuvers: EPCG’s covering of CEDIS’s deficits raises concerns

The Board of Directors of Elektroprivreda (EPCG) has granted book approval on Wednesday to cover the €15 million deficit of its subsidiary, the Montenegrin...

The state would like to increase the ownership share in the Montenegro Stock Exchange to over 10%

With the earlier purchase of shares from the bankrupt Atlas Bank, the state acquired 5.79 percent ownership of the Montenegro Stock Exchange, and now...
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