Montenegro to Offer Bar Port Operator by End-June, Tanjug Says

Montenegro will invite bids for the operator of its main Adriatic port in Bar by the end of June, Tanjug newswire reported, citing Transportation Minister Andrija Lompar.

The government wants to sell its 54 percent stake in Kontejnerski Terminal i Generalni Tereti and a group of minority owners who hold 10 percent may also offer their shares in the planned tender, the report said. There were no binding bids in the previous attempt to sell it in 2010.

To contact the reporter on this story: Misha Savic in Belgrade at msavic2@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.