New hotel development in Tivat, Boka Kotorska
Wednesday, October 28th, 2009
Orascom Development enters into an agreement with the Government of Montenegro to acquire 90% stake in Lustica Development AD Podgorica, to develop a total area of 6.8 million square meters in Tivat, Montenegro, marking its third integrated development project in Europe and its first project on the Adriatic Sea.