Owner:

State of Montenegro

Project type:

PUBLIC PRIVATE PARTNERSHIP – long term lease
Description

On 1st October 2015 Government announced the sixth tender for the New Tobacco Factory, which provides two options : investors can buy the complete share capital with the obligation to propose and implement an investment plan to build a new factory on the scheduled or any other location in Podgorica. Second option is to recapitalize the company in the amount of the investment program, without the purchase of shares.

 

 

The right to apply for tender have registered manufacturers of tobacco products, operating at least five years and have annual operating revenues of at least ten million euros, or consortium of companies of which, at least one qualified, fulfills the conditions . The tender is open until 16 November this year, and the offer is submitted to the tender commission of the Privatization Council.