Wednesday, 16th July 2025

Montenegro’s Budva Marina Reclaimed by State in Strategic Shift

Montenegro has signed an agreement with Dukley Marina to return control of Budva Marina to the state, emphasizing enhanced public management and strategic development

Montenegro has signed a pivotal agreement with Dukley Marina to transition the control of Budva Marina back to the state, marking a significant shift in the management of the coastal asset. Prime Minister Milojko Spajić emphasized the state’s commitment to large-scale projects and assured that the transition is not intended to oust private enterprises but to ensure they contribute optimally.

The agreement, finalized in Budva, was hailed by Spajić as a boost for Budva’s potential as a Mediterranean and Adriatic hub, particularly with the upcoming launch of a ferry line to Dubrovnik, Croatia. This line, expected to open in a few weeks, aims to ease border traffic and enhance pride across Montenegro, according to Transportation and Maritime Minister Filip Radulović.

Milojko Spajić

Mladen Mikijelj, Director of the Public Enterprise for Coastal Zone Management (JPMD), noted that three years of diligent efforts preceded the signing. He pledged to make Budva Marina more attractive and accessible to tourists and announced new job opportunities and free mooring for local fishermen.

Minister of Spatial Planning, Urbanism, and State Property, Janko Odović, expressed satisfaction at the collaborative effort to return the marina to public ownership, suggesting it will rejuvenate the area and benefit the citizens significantly.

Have a news tip or story to share? Email us at info@connectingregion.com

Photo sourceX/@MickeySpajic

Rovinj Reboots the Future with AI.Weekend

From 18 to 21 September, Rovinj will host another edition of AI.Weekend, the fast-rising gathering that brings global tech minds...

Hemofarm Acquires Fortacell to Boost Supplement Market Presence in the Balkans

Hemofarm has announced the acquisition of Fortacell, a leading supplement brand focused on immune health and vitality, in a...

Slovenia Joins CERN: A Small Nation, a Giant Scientific Leap

By becoming a full member of CERN on June 21st—officially marked by a flag-raising ceremony on July 3rd—Slovenia has...

Slovenia’s AI Leap: Building the Future

With one of Europe’s fastest supercomputers and a UNESCO-backed AI research hub, Slovenia is stepping onto the global stage...

What Sandoz’s €1 Billion Investment Means for Slovenia

Swiss pharmaceutical leader Sandoz has launched a major expansion in Slovenia, beginning construction on a €400 million biosimilars plant...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities