Signed Contract on purchase and investment in the military complex Center of military-medical institutions Meljine

This is a significant investment project, where the partner is reputable consortium, headed by the Atlas shares group, consisting of highly reputable investors from the United Arab Emirates. This is an investment of great importance for Montenegro because, besides the medical services, this project shall expand to tourism activities, which would position Montenegro as a prestigious destination for such business. Expected investment is approximately 120 million euro, while in the following 5 approximately 100 million regarding new medical contents in that area exclusive hotel, tourism contents and other. Social component of this arrangement includes obligation of the investor to keep all employees for several years, as well as that their gross wage during that period shall not be lower than 860 euro. With the support of Herceg-Novi municipality, which had already started preparation of an appropriate planning documentation, a prestigious offer shall be obtained for that area.