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Fortenova sells agri unit to Podravka for 333 mln euro
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Montenegro’s Kotor Bay Hotel plans 32 mln euro aparthotel in Kotor

Oct 4, 2012, 7:06:15 PMArticle by Valentina Dimitrievska
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PODGORICA (Montenegro), October 4 (SeeNews) – Montenegro’s Kotor Bay Hotel company plans to build a 32 million euro ($41.3 million) five-star aparthotel in the Adriatic seaside resort of Kotor, the government in Podgorica said.

Montenegro’s Kotor Bay Hotel plans 32 mln euro aparthotel in Kotor

The investor plans to start the construction of the hotel featuring 100 rooms and 50 apartments in the middle of 2013, while the completion is expected in May 2015, the government quoted the Kotor mayor Maja Catovic as saying in a statement on Wednesday.

($=0.7749 euro)

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