vektra boka Archives - Montenegrobusiness

Herceg Novi Hotel Plaža heads to €24.6m auction as Vektra Boka creditors seek recovery

11/09/2026

The Hotel Plaža complex in Herceg Novi is scheduled for forced sale with a first-auction floor of about €24.6 million, creating the prospect of...

Vektra Boka inquiry clouds the redevelopment of Hotel Igalo and remaining coastal assets

19/07/2026

Montenegro’s parliamentary Privatisation Monitoring Commission has requested information from the Special State Prosecutor’s Office, the Privatisation Council, the Ministry of Spatial Planning and the state...

Controversial sale of ‘Igalo’ hotel sparks debate at Vektra Boka shareholders’ assembly

07/03/2025

At the repeated shareholders' assembly of Vektra Boka held at the "Plaža" hotel, the current Board of Directors was dismissed and a new one...

Igalo Hotel sold for €11.3 million, sparking dissatisfaction among Vektra Boka workers

12/02/2025

In the second public sale of the Igalo Hotel, following a final court ruling in favor of the Acović family, the building owned by...

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Uncertainty looms: Decision on Vektra Boka’s bankruptcy postponed again

17/07/2024

The Commercial Court in Podgorica has again postponed its decision on whether Vektra Boka will enter bankruptcy for the second time. The hearing was...

Vektra Boka’s fate hangs in the balance: Key decisions looming

19/04/2024

Preventing a new bankruptcy filing for Vektra Boka at the end-of-month hearing holds paramount importance for Ellena Group, the new owner of a 33.3%...