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Montenegro to sell property of workwear maker Castello Montenegro

Nov 12, 2012, 5:16:39 PMArticle by Valentina Dimitrievska
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PODGORICA (Montenegro), November 12 (SeeNews) – Montenegro privatization council said it will offer for sale part of the property of local work clothes producer Castello Montenegro for an initial price of 154,235 euro ($195,780) in an auction on November 30.

Montenegro to sell property of workwear maker Castello Montenegro

For sale are Castello Montenegro's business premises of 93-square metres in Pljevlja, Montenegro and 62.4 square metres in Zenica, Bosnia and Herzegovina, the Montenegrin government's aset-selling council said in an auction notice issued last week.

Bids should be sent in by November 23.

Montenegro's government is the biggest shareholder in the company with a stake of 86.74%.

($=0.7878 euro)

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