Podgorica – Open competition for the sale of 75% of the shares of Tivat company Montepranzo – Bokaprodukt, which owns more than a million square meters of land will be announced in the next few days because there is a great interest of foreign investors among whom are Peter Munk, the Russians, the Dutch and the Irish – it was confirmed to “Vijesti” in the Government of Montenegro.
Montepranzo, agricultural farm, which has ceased with production for some time employs dozens of workers. They own neglected vineyards and greenhouses, and the biggest value of the company is the huge land along the Adriatic highway across the runway and the building of the airport Tivat.
The buyer of Montepranzo, according to the conditions which the state will issue, will have to use the land in commercial tourist purposes. The location has been predicted for golf terrains and hotels. The major owners of the company at the moment are Fund for development, Fund PII and the Bureau for employment of Montenegro which together own 75% of the shares.
The state funds have taken over the control over Montepranzo in July 2003 when because of the failure of fulfilling of the obligations the contract with Merkur from Budva has been nullified which was signed in 1998.
There almost doesn’t exist the trade with the shares of Montenpranzo. There is a minor demand for those shares on about 23 euros.
The stock funds of the company are worth 2, 5 millions of euros or 22, 4 euros per share. The company, which has about 70 stock holders, has been evidently underestimated considering the huge land that it owns.
THE SPORT OF THE RICH, BUT ACCESSIBLE TO EVERYONE
– One golf terrain with 18 holes will increase our tourist offers for at least one star – says for “Vijesti” Rajko Jankovic the director of the agency for real estates, but also a golf player.
Jankovic at one time, on a terrain in Switzerland, together with the dentist Todor Vujovic, has organized the first Montenegrin golf tournament. He explained that in the world golf is considered to be the sport of the rich, but he also mentioned that all the structures of the society can play it.
– This sport is accessible to anyone basically, and according to a rule in the tourist offer it is meant for elite guests and clientele. Playing of golf is followed with great expenses, which in the end increases the gross national income – added Jankovic.
The cheapest golf stick, according to the words of Jankovic costs about 150 euros, and as according to a rule people buy the set it costs up to 1.500 euros. There are special hats for golf, special shirts, and entire industry. All of that is not really cheap – concluded Jankovic.