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Parliament should intervene in the Sveti Stefan lease dispute

Ines Mrdović, director of the non-governmental organization Action for Social Justice (ASP), has called for parliamentary intervention in the long-standing issue of Sveti Stefan,...

Montenegro government sets deadline for reopening Sveti Stefan hotel: Lessee has one month to fulfill obligations

The Montenegrin government has issued an ultimatum to Adriatic Properties, owned by Petros Stathis, requiring the company to reopen the Sveti Stefan resort within...

Sveti Stefan: Reviving a global icon after years of silence

"Sveti Stefan must be opened one way or another. Sveti Stefan is unique in the world; there is no other like it. The state...

Montenegro Government urges compliance in Sveti Stefan lease dispute

In response to renewed calls from residents of Pržno and Sveti Stefan regarding the termination of the contract with Adriatic Properties for the lease...
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Montenegro’s iconic Sveti Stefan faces critical decision amidst legal standoff

Montenegro's iconic resort, Sveti Stefan, and Villa Miločer, currently leased by Adriatic Properties, have agreed to the government's proposal to suspend the arbitration proceedings...

The company Adriatic Properties paid two lease installments for Sveti Stefan

The company Adriatic Properties, owned by Greek businessman Petros Statis, paid the Hotel Tourism Company (HTP) Miločer and the majority state-owned company Sveti Stefan...
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