UK firms are being offered an opportunity to invest in a wood processing factory and a printing plant/laminator in Montenegro.
The Montenegro government is selling shareholdings in the enterprises as part of its comprehensive reform programme.
The Velimir Jakic factory in Pljevlja comprises a sawmill, particleboard factory and joinery plant. Products include sawn timber, particleboard, wall panels, wooden floors, prefab houses and log cabins.
It is said to have 630 employees and an annual turnover of DM20m (£6.5m)
Dekor AD in Rozaje impregnates and prints decorative paper laminated onto particleboard and also makes school notebooks.
Montenegro’s Batch Sale Tender Office says foreign investors have the same rights as residents, with free repatriation of profits and favourable (20%) or exempt corporate income tax rates, plus the benefit of low labour costs.
Contact Branko Kaludjerovic at the tender office on +381 81 246671.
