This company was planning to demolish the current hotel "City" and the former hotel "Ljubović" at the foot of Ljubovic hill in order to construct a residential-business complex. For this residential-business complex, the company requested approval from the state architect in April in relation to the conceptual solution, but the UTIP Montenegro Company has been recommended to make amendments to the preliminary design because it does not contain all the necessary attachments regarding the graphics part of the project.
"The realization of the project depends on a number of factors, primarily financial. What is certain is that if the hotel closes or is demolished, the employees in the Hotel city will continue their work engagement in one of our other two hotels (hotel Hilton or hotel Podgorica). In particular, we want to highlight that with the privatization of UTIP Montenegro we have taken over 242 employees, and thus, fulfilled the liabilities of the social program. Also, with regard to the investment obligation under the privatization contract we have greatly exceeded (from the required EUR 17.5 million we invested over EUR 47 million), and only with the opening of the Hilton Hotel we created 150 new jobs," said UTIP Montenegro. Acting by the rational economic principles of the Shareholders Assembly of A.D. UTIP Montenegro, attended by representatives of the owners of 87,2704 percent of the capital, made the decision to launch the project," they added.
Governments should make the decision either to invest millions of euros in the reconstruction of the hotel, which, as they stressed, does not seem to have a market perspective or make a re-allocation of the plot and realize a project that is commercially more cost-effective.
On the other hand, the architect Andrija Markuš from Podgorica says that as far as the architectural heritage, we cannot compare hotels Montenegro and Podgorica with the Hotel City, but still, this facility deserves to be treated by the state even though it is a private ownership. Markuš believes that the state should adopt a law that will clarify that such private facilities are also a state interest and should not be demolished.
Text by "Dan", on June 17th, 2018, read more at CdM
