There is no disagreement within the Democratic Party of Socialists (DPS) about privatisation of the Port of Bar, although certain media want to present the situation in that way, DPS deputy president and prime minister, Dusko Markovic, said after the PM question hour in the Parliament. DPS president Milo Djukanovic said on Sunday that he supported privatisation of the Port of Bar, whereas the government decided on Monday not to sell the company for the time being.
The Polish OT Logistics company was the only bidder at the tender call and it offered about €8.5m for a 30% stake. During the negotiations, the purchase price was increased from €0.4169 to €0.50 cents per share, but OTL reduced its three year investments from the initial €17m to €14m.
“There are no differences in our positions. We haven’t stopped the privatisation. Not because the bidder was not a credible company – it is credible, but because we are not satisfied with the offer,” Markovic explained.
The majority owner of the Port of Bar is the state with 54.05 percent of the shares. Funds HLT and Trend belongs 2.51 percent and about two percent of the shares. Association management services and property management MIG has 1.18 percent of shares of Luka Bar, and Atlas Mont has a 1.06 percent stake.
The Port of Bar is majority state-owned (54.05%). The HLT and Trend investment funds own 2.51% and about 2% of the shares respectively. The MIG association for management services and property management has 1.18% of shares, whereas the Atlas Mont has a 1.06% stake.
