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Simo Milošević Institute posts sharp turnaround with €6.1 million profit

07/12/2025

The financial recovery of the Simo Milošević Institute in Igalo stands out as one of Montenegro’s most unexpected business developments of 2025. Long seen...

Dr Simo Milošević Institute achieves strong turnaround as major capital restructuring advances

04/12/2025

The Dr Simo Milošević Institute in Igalo recorded a profit of €6.05 million in the first nine months of the year, according to the...

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...

Institute “Dr Simo Milošević” moves forward with capital increase to settle €21 million debt

21/10/2025

At the 19th Extraordinary Shareholders’ Meeting of the Institute “Dr Simo Milošević”, a decision was made to issue additional shares for recapitalization. The majority...

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Dr Simo Milošević Institute posts €900,000 surplus in first half of 2025 after major turnaround

13/08/2025

The Dr Simo Milošević Institute has recorded a positive financial result in the first half of 2025, reversing last year’s €1.5 million loss to...

Government and HTP Vile Oliva launch takeover and restructuring of Institute “Dr Simo Milošević”

24/07/2025

The Government of Montenegro and HTP Vile Oliva, co-owned by Žarko Rakčević, along with related parties, Development Bank of Montenegro, Health Insurance Fund and...

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