28 August 2018 - In 2016, the Privatisation and Capital Investment Council decided that about 87% of the capital of the company “Castello Montenegro” JSC Pljevlja would be privatised through tenders. In the mentioned period, the Council, acting on the Government's Conclusion, issued a Decision on determining the methods and initiating the privatisation process of that company.
Montenegrin company "Castello Montenegro" JSC – Pljevlja was supposed to be privatized two years ago, but there were no interested buyers at the time.
The tender commission for privatization recieved a letter of interest this year in relation to the privatisation of the company "Castello Montenegro" JSC - Pljevlja, which is engaged in the production of working clothes. The letter arrived from the company Kohler Verpackungstechnik from Germany.
According to the official report of the Privatisation and Capital Investment Council, having in mind that the Privatisation Plan for 2018 does not include the privatisation of that company, the Tender Commission for Privatisation stated that, in relation to the expressed interest, the process of privatisation of this company should be put in motion, which means that 86,8123% of the capital expressed through 278,238 shares will be put for sale.
As for the shares of this company, 86,7387% of the capital is owned by the Ministry of Finance (278,002 shares) and 0,0736% of the capital is owned by the Government of Montenegro (236 shares).
Therefore, the Proposal for the Amendment of the Decision on the Privatisation Plan for 2018 was submitted to the Privatisation Council and accepted during the official session of the Council .
