The Adriatic Properties company, which manages Sveti Stefan, has announced arbitration due to the recent events when a group of locals knocked down a fence and attacked a security guard at Miločer. If this arbitration happens, it could cost Montenegro €100m, President Milo Đukanović has stated today.
“These days, on their initiative, I had several talks with tourist resorts investors in Montenegro. They are astonished and afraid of what they saw through the TV cameras from Miločer and Sveti Stefan”, President Đukanović stressed after today’s Chamber of Economy’s award ceremony.
