Podgorica – Consortium of HLT fund and hotel – tourist company Primorje from Tivat, today, with the signing of the contract of purchasing, has become the major owner of the center for rest and recreation Igalo. Consortium paid 3, 1 millions of euros 81% of the stock shares, promising that it will invest another four millions of euros in its reconstruction and that it will keep all the employees in the next 5 years.
Major package of the stock shares were sold by the Fund of pension and invalid insurance, and the consortium of HLT and Primorje was the only bidder on the international open competition which was announced in the year 2005.
Privatization lasted so long because of the court dispute in which the Alliance of the association of pensioners of Montenegro, that is, the participants in the Liberation War, claimed that they, and not the Fund, are major owners of the Center.
The executive director of Prima, Management Company for handling of HLT Fund, Aleksandar Belevic said that he is pleased with the final privatization of the Center and said that he will continue to be in health tourism.
– The investment in the enterprise Center Igalo is in accordance with our strategic interests of investment in the sector of tourism in Montenegro, which in the future should make a significant growth – said Belevic.
According to his words, company has a lot of work to do concerning the realization of the planned investments, and he hopes that very soon they will raise the level and the quality of services in the hotel.
The Center has 568 beds, an indoor pool. Accompanying facilities which are meant for the physical therapy, it has its own beach and restaurant “Obala” (COAST), and after the reconstruction it will be in the category of 3 stars.