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What is "Montenegro" waiting for?

12.04.11 Details of the hotel renovation project “Crna gora” in Podgorica, has become known.

Agreement about the provisions of a long term loan of about 24 million Euros was signed yesterday by representatives of the European Bank for Reconstruction and development and the company UTIP which owns the hotel.

Work will begin in the next three months states the chairman of the UTIP, Zarko Bric. The first stage will be the building of the underground garage and the SPA-centre, then the building of the shopping centre and then the upgrading of the hotel to the standard of the corporate “Hilton”. The entire building works will take about two years.

Upon completion of the reconstruction of the “Hilton Podgorica” will offer guests 195 rooms, a two story garage for 160 cars and a shopping centre of 4,500 square metres and a SPA-centre of 1600 square metres with an indoor swimming pool.

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