Podgorica – Agency for restructuring of economy and foreign investments has announced yesterday the third open competition for the sale of 59, 45% stocks of Herceg Novi hotel – tourist enterprise Boka.
The participants at the open competition have to be owners of at least 5 hotels which have the category of 4 or 5 stars in at least three states, or to prove that in the last three years they have had a positive gross financial result, and had the turnover of at least 100 millions of euros.
If the offer should be submitted by a consortium, at least two its members who together have 51% of the capital, have to fulfill one of those two criteria.
The offers, with a banking guarantee of 200.000 euros, can be submitted until the 25th of April at 17h.
Before the submission of the offer, those interested have to buy up the open competition documentation, at a price of 7.000€, until the 18th of April at 17h, and they have to sign the declaration about the confidentiality.
The tour of the HTE Boka will be allowed in the period from 1st until the 18th of February. The company has three hotels – Plaza (BEACH), Tamaris, and Igalo. The property of Boka was offered twice for sale, in the year 2005 and last year but it was without any success.