The state plans to become the main owner of the main seaport in Bar: it recently bought another 1,13 million shares of Luka Bar on the stock exchange for one million euros at prices ranging from 0,89 to 0,9 euros per share.
According to the edition News, the government decided to buy a new block of shares for a total amount of up to 1,5 million euros at a price of up to 0,9 euros per share. Last week, the government bought 10,4 million shares at the same price, increasing its stake to 74 percent, almost 20 percentage points.
Prime Minister Dritan Abazovic said the government wants to become 100% owner of the Luka Bar company, as well as the Port of Adria, in order to reunite the port's facilities into one company.
“The intention of the government is not to put minority shareholders in an unequal position, but to ensure that all bidders are treated equally, with full transparency of the procedure, as before, and that the state determines the further strategic development of the port as an important infrastructure facility and a driver by increasing the share of ownership in the economic development of Montenegro.
