This company manages Avala hotel in Budva and Bjanka hotel in Kolašin. Founder of Beppler and Jacobosn company is Lawson Trading INC. Adriatic Properties is the long-term tenant of Sveti Stefan hotel, Miločer villa, and Kraljičina plaža hotel. President of the Board of Directors of Adriatic Properties is Petros Statis and Goran Bencun is the CEO.įounder of this company is Aidway Investments from British Virgin Islands. Owners of Belvi Hotel Group are Branko and Predrag Ćupić and Selim Kolar is the CEO. Milan Vuković is the CEO of this company. Founders, that is, co-owners of Montenegro Stars hotel group are Žarko Radulović and Viktor Ivanenko. Saša Radović is the President of the Board of Directors of this company. Last year, the first phase of the marina with 176 berths was opened in Luštica Bay, along with the first ultra-luxurious Chedi hotel and marina settlement with around 220 residential units.īudvanska Rivijera is still mostly state-owned. This company is carrying out the Luštica Bay project. Samih Saviris is the President of the Board of Directors and Daren Gibson is the CEO. Luštica Development is the branch of Swiss Orascom Development Holding. This company manages Maestral hotel, which was reopened in July of 2017 after being reconstructed. President of the Board of Directors is Georgios Lychnos, while Christos Tsemperas is the CEO. Owner of the Maestral hotels and casinos company from Budva is Fasamo, company from Podgorica. Adriatic Properties had negative capital amounting to €49,5 million. Capital of Belvi amounts to €28,2 million and Maestral had the capital of €20,56 million. The capital of Montenegro Stars amounts € 80,37 million, Beppler and Jacobson – €36,2 million. Budvanska Rivijera has the highest capital – €190 million. At the end of last year, Beppler and Jacobson had 93 employees, and Luštica Development – 88. Adriatic Properties had 280 employees and Belvi Group had 214. Budvanska Rivijera counted 585 and Maestral 357 employees. Montenegro Stars company had the highest number of employees last year – 650. Luštica Development also operated at a loss of € 475.545. The profit of Montenegro Stars amounted € 342.738 whereas the Adriatic Properties was at a loss – €5,72 million. Budvanska Rivijera made a profit of €2,6 million, while Beppler and Jacobson Montenegro made a net profit of €1, 52 million. Belvi Hotel Group from Budva finished last year with a profit of €4, 64 million. Maestral made the highest profit – €10, 7 million. Budvanska Rivijera made a profit of €21, 5 million, HG Montenegro Stars – €20,7 million, HG Belvi – €14 million, Adriatic Properties – €12,9 million and Beppler and Jacobson Montenegro – € 11, 8 million.įive out of seven companies finished the last year with a positive performance. Next comes Luštica Development, with €33,3 million. Maestral hotel and casino in Budva generated the highest profit – € 36, 6 million.
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