BUSINESS FORUM -THE ITALIAN REPUBLIC Milano, 19th October 2015

REPRESENTATIVES OF MONTENEGRIN BUSINESS DELEGATION

No COMPANY/ INSTITUTION REPRESENTATIVE ACTIVITY INTENTION / B2B

1. MONTENEGRO BONUS Aleksandar Kašćelan Storage services, distribution and trade in oil products and Presentation of company Donje Polje BB, Executive Director consumer goods. The company employs 25 persons; it and potentials and Tel :+382 41 230 260 Radovan Brnović generated 36.000.000 € in 2008, and 10.000.000 € in 2009. establishing contacts Fax +382 41 230 271 Advisor to the Executive The contacts established with: Email : [email protected] director 1.Grimex HandelsgesmbH-Wien Web: http://montenegrobonus.me/ Aleksandar Jablan 2. Petrol Mar Gmbh – Villach Comercial Director

2. ODRŽAVAJE ŽELJEZNIČKIH VOZNIH SREDSTAVA (MAINTAINANCE OF RAILWAY ROLLING STOCK ) Milorad Vuković Maintainance of railway rolling stock Presentation of company Trg golootočkih žrtava br. 13, Executive director and establishing contacts Tel : +382 (0)20 634 205 for possible cooperation Fax : +382 (0)20 634 224 Email: [email protected] Web : www.ozvs.me

3. CENTER FOR ECO-TOXICOLOGICAL RESEARCH Nada Medenica Centre for Ecotoxicological Research is recognized in the PODGORICA Executive director region and beyond for its expertise and reliability of its Bulevar Sarla de Gola 2, Podgorica, analyses, always available in the market with competitive Companies in the field of Tel: +382 20 658-090; 658-091; 658-108, Danijela Šuković prices. environmental protection( Fax. +382 20 658-092 Eco-Toxicological Research CETI covers a wide scope of activities: water, air, radiation, waste) Email : [email protected] & Radiation Protection - Environmental testing / monitoring program as well as food safety Web : www.ceti.co.me Department, - Food safety LABORATORY, Director - Consumer goods – analysis of toxicants in toys, cosmetic products, material in contact with food Zoran Vučinić - Protection against ionizing radiation and nuclear safety 1 Economic, Legal & General - Classification of waste category Affairs Department, Director - Occupational safety – preparation of a risk assessment act with proposed measures for risk elimination, testing of working environment :physical harmfulness, light, microclimate and chemical agents - Toxicological analyses – since the very start CETI has been performing toxicological analysis of biological material and unknown samples for the purposes of the health system, the judiciary etc.

4. MONTECARGO The Company performs transportation of goods in the domestic Trg Golootočkih žrtava br.13, Podgorica Vesna Tintor and international rail traffic in accordnace with the provisions of Presentation of company Tel: +382 20 441 303 Deputy Director for transport the Railways Act and Act on safety, organization and efficiency and establishing contacts Fax: +382 20 601 525 of rail transport . Society can no entry in the register, carry out for possible cooperate Email : [email protected] the activities that serve the activity. Web : www.montecargo.me

5. PORT OF BAR Port of Bar is a holding company, in which the State is main Obala 13 jula, Bar Slobo Pajović holder with participation 54% in corporate capital. Apart from its Tel: +382 30 312 114 Executive director main activity (handling and storing different types of cargoes), Presentation of company Fax: +382 30 312 867 Port of Bar also offers: and potentials and Email: [email protected] Predrag Ivanović -Final processing, sorting and sampling, bagging and establishing contacts Web: www.lukabar.me President of the Board of increasing grossness of cargo units, counting and weighing of Directors goods, -Electric power, telephone and water supply of ships, Deda Đelović -Hotel beds, food and related catering services, Director of the Department In addition, Port of Bar is also a free customs zone that enables for Strategic Development organizing of production, as well as some particular advantages made possible by the provisions regulating the rights and obligations within Free zone. Geographic position of Bar as well its business capacities and personnel structure which Port has at its disposal, guarantee doing business with the clients operating in this region or just entering this market area. The area of the Port covers the area of 200 ha with port aquatorium extending to approx. 90 ha. According to Detail Urban Plan additional 400 ha are dedicated for further development of port area. The capacity of the Port of Bar is 5 million tones, of different 2 types of cargoes, per year. TERMINALS: Container terminal, Grain terminal, Bulk cargo terminal, Liquid cargo terminal, Ro-Ro and Passenger terminal, General cargo terminal. 6. PLANTAŽE 13. jul Plantaze AD Podgorica is a Montenegro-based company Put Radomira Ivanovića 2, Podgorica primarily engaged in the beverages industry. Its business Presentation of company, Tel: +382 20 658 028 / +382 20 658 027 Verica Maraš activities include the production of grapes and peaches, the promotion of products Fax: +382 20 658 052 Executive Director production and distribution of wine and grape brandies, fish Email : [email protected] growing, catering and retail trade. Grape and wine production is Looking for partners for Web: www.plantaze.com Associates the main segment of the Company’s activities. It operates placement of products vineyard Cemovsko polje, which covers an area of approximately 2,200 hectares (ha), two restaurants and three retail stores in Podgorica. The Company produces variety of red and white wines, including Montenegrin brands Krstac, Chardonnay, Sauvignon, Val, Vranac, , Premijer, Cabernet, Merlot, Podgoricko Bjelo, Sasso Negro and Perla Nera, as well as grape brandy under the brands: Crnogorska lozova rakija, Crnogorski prvijenac and Kruna. In addition, the Company offers three tourist routes in its vineyards. It sells its products to approximately 30 countries worldwide 7. RUDNIK UGLJA (COAL MINE AD Company's main activities include the manufacture and PLJEVLJA) Slavoljub Popadić preparation of coal for thermal power plants, industry and Velimira Jakić br. 6 , Pljevlja Executive Director consumer goods, production of other industrial and other Tel : +382/52 300-128; +382/52 321-781 mineral resources, exploration of coal and other mineral Fax : +382/52 300-129 -Associate resources, production of spare parts and steel structures for the Email : [email protected] mining machinery, overhaul and maintenance of mining Web : www.rupv.me machines and equipment, transport means and power plants, transport and transport of coal and other raw materials, production studies and other investment-technical documentation in the field of mining and geological exploration, wholesale and retail trade of coal and other products: building materials, metal and electrical goods, quality assessment of coal, cement, mineral resources, water, fuel other laboratory services.

Exploitation (production) coal is carried out in two existing districts, organizationally set as the operating units: - Operating units open pit mining - Operating units open pit mining Borovica 8. LUŠTICA DEVELOPMENT AD Luštica Development AD was founded in 2008 as a joint , 085323 Radovići, Montenegro Darren Gibso venture between Orascom Development Ltd. (90%) and the Presentation of project 3 Tel: +382 77 200 100 Chief Executive Officer Government of Montenegro (10%). The guiding principle of the Luštica Bay and strategic Fax: +382 77 200 105 company is to create a vibrant and prosperous Montenegro partnership Email : [email protected] through intelligent development of the land using Web: www.lusticabay.com environmentally sound methods. Luštica Development AD has the privilege of developing and implementing the Luštica Bay project. At the heart of the development will be the principles of sustainability and environmental integrity. It is of the upmost importance to Luštica Development AD and its partners to leave a lasting social and economic impact, while at the same time preserving the authentic culture and natural diversity of the land. As with all Orascom Development projects, the national project company is responsible for the execution of the project. Luštica Development AD will therefore develop, build and operate the project and remain a local partner for generations. Their mission is as vast as the 690-hectare space they call home but, when faced with a landscape and cultural legacy like Luštica Bay’s, could almost be seen as common sense. Montenegro’s coastline enjoys an abundance of natural beauty, so they will protect it at all costs. Its local people are rightly proud of their history, so their style and spirit will be everywhere evident. And, as both its location and its culture are perfectly suited to a healthy, active and sociable way of life, every element of the development will be intended to encourage residents and visitors to embrace this. 9. PORTO MONTENEGRO Located in the beautiful UNESCO protected Bay of , Obala bb ,85320 Tivat ,Montenegro Two represenatives Porto Montenegro combines a spectacular destination Presentation of project Tel: +382 32 660 700 with a world-class marina and services. Porto Montenegro Fax: +382 32 674 656 Complemented by spacious waterside residences, Email: [email protected] signature restaurants, lively bars and a wide range of Web: www.portomontenegro.com sports, leisure and cultural activities, the marina is an ideal superyacht homeport with berths ranging from 12m to 180m. Porto Montenegro is the first comprehensive state-of-the- art deep water marina in the . The marina will have berths for 650 yachts, 150 of them super yachts, up to 150m long. These will be part of a full-service community of luxury apartments, shops, restaurants and other sports and entertainment amenities. Porto Montenegro is a phased development: there are 4 now 185 marina berths, five mixed-use buildings containing 130 luxury residences, over 20 retail outlets, a full sports facility, yacht club, 64 meter infinity pool and lounge bar, a naval heritage museum, and a waterfront boutique hotel. Projects related to Porto Montenegro include an 18-hole golf course in the vicinity of , and a possible acquisition of Bijela shipyard by Peter Munk, which could serve as a yacht maintenance facility. 10. BJELASICA RADA Bjelasica Rada is the first, and for the time being, the only plant Teslina bb, 84000 for bottling mineral water in Montenegro. Presentation of company Tel: +382 50 478 395 Tamara Lakićević The plant was constructed in association with the company and establishing contacts Fax: +382 50 480 686 Executive Director “Radenska” from , and was set in motion on 10th may for possible cooperation Email: [email protected] 1984. Nowdays the company operates as the property of Web: www.voda-rada.net “Eurofond” from Podgorica, Montenegro. From the beginning the plant has been bottling water on the line for glass in 1 litre packaging, and since 2002. both in glass and in disposable 0.25 litre packaging. Since September 2009, the factory starts packing mineral water in glass disposable packaging of 0.75 liters. During May 2001. a new most up-to-date automated line has been installed, for PET packaging of 0.5, 1.5 and 2 litres. In the near future we plan to bottling soft drinks in PET and glass packaging. 11. MUNIC IPALITY OF NIKŠIĆ Nikšić is the second largest town in Montenegro. It is borded Njegoševa 18, 81400 Nikšić Veselin Grbović by 6 Montenegrin municipalities Kotor, Cetinje, , Presentation of Tel: +382 40 213 072 President of the Municipality Kolašin, Šavnik and Plužine. In the west it borders with Bosnia Municipality and looking Fax: +382 40 213 096 and Hercegovina. It is about thirty kilometers of air distance far for investors Email : [email protected] Associate from the Adriatic Sea. Due to the completion of the - Web : www.niksic.me Zabljak Road, the electrification of the railway Niksic - Podgorica and vicinity of airports in Tivat and Podgorica, Niksic presents an important point in linking the coastal and northern region of the country. The position between the coast and the mountains, on the routes leading from to the Adriatic Sea, Albania and Podgorica to Dubrovnik, and , opens up significant development prospects, for economy and other areas. When it comes to the economy, Niksic has developed metallurgy, metal processing, food, wood and mining industry. Its economy consists of important companies such as 5 Željezara Nikšić (SteelWorks Plant Nikšić), Elektroprivreda Crne Gore AD (Electric-Power Plant Montenegro), beer and fruit industry Trebjesa, Meat Industry Goranović etc. In order to ensure a favorable business environment for carrying out production activities, the municipality of Niksic declared business zone "Niksic". A total area of the business zone is 101 ha, which is intended for greenfield and / or brownfield investments. The construction of innovative and entrepreneurial center "Technopolis" is planned, which will encourage the development of science and entrepreneurship, combining three types of centers: science and technology park, business zones and incubators. Incentives for business to business zone include: • reduction of fees for municipal construction land for 50% of the amount stipulated by a decision regulating this area; • decrease of the property tax by 70% compared to the amount determined by the decision which regulates this area; • exemption from surtax on personal income tax. 12. MUNICIPALITY OF DANILOVGRAD Danilovgrad is located in the central part of Montenegro. It Trg ’’9.decembar’’, 81410 Danilovgrad Branislav Đuranović occupies the area of 501 km2. It borders with the following Tel : +382 20 812 022 President of the Municipality municipalities: Podgorica, Niksic, Cetinje and Kolasin. The Fax: +382 20 810 140 economic structure of Danilovgrad is very diverse. The area is Email: [email protected] Darko Mrvaljević rich in natural resources: land, water, forests, rocks and Presentation of investment Web : www.danilovgrad.me Project coordinator significant potential for tourism and agriculture. Bjelopavlici opportunities plain has been known as agricultural area for a long time, due to the mild climate and the possibility for irrigation from rivers Provide contacts with and Susica. potential investors Beautiful nature, favourable geographical position and a large number of cultural and historical monuments and archaeological sites, provide real opportunities for the development of tourism, especially religious, hunting and excursion – mountain tourism. The area is also rich in natural deposits of architectural-construction stone. Therefore some companies have based their production on the available resources. The most important activities which the companies are engaged in, include the food industry, agriculture, stone processing, feed production, forestry, wood processing, trade, hospitality, handicraft and other services. The municipality offers incentives to investors concerning the favorable business environment, elimination of business 6 barriers, benefits for efficient and quick issuance of the necessary permits for the investment, favorable utility services, favorable conditions in providing and purchasing locations, tax incentives for investment in accordance with the Law, the support to investment by the principle of private-public partnerships, etc. 13. MUNICIPALITY OF PLJEVLJA Pljevlja is a town located in mountain area on the end part of Kralja 36,84210 Pljevlja Mirko Đačić Montenegro, spread in northwest-southeast direction with a Presentation of Tel: +382 052 321 305 President of the Municipality total area of 1,346 km². It is third largest municipality in Municipality and looking Fax: +382 052 300 188 Montenegro (after Podgorica and Niksic). for investors Email : [email protected] Associate Pljevlja is one of the main economic engines of Montenegro. Web : www.pljevlja.me The only thermal power plant in Montenegro, which provides 45% of the electric power supply for Montenegro, is situated outside Pljevlja as well as the biggest coal mine with 100% of the coal production in Montenegro. Zinc and lead can be found in Šuplja mine. It is the richest municipality with forests in Montenegro is Pljevlja and its lumber industry. Agriculture is widespread in the whole municipality. Pljevaljski sir (Pljevlja's cheese) is considered a delicacy. There is big potential for ecological and winter tourism. The geographical location of the town means indicates that transport links are poor, especially in winter, and the local economy is heavily dependent on the coal mine and the power plant for employment and income. The power plant currently produces almost half of Montenegro's electricity. The population in , especially in rural areas, is oriented to the agriculture for their own needs. In the future development of this area, production of healthy food should grow. Rural area provides ideal conditions for organic production due to its clean water, soil and air. The region has many natural resources and a rather large mining industry which account for 60% of economic activities. In addition, wood-processing plants are widespread and represent 20% of local industry. The fertile valley of Pljevlja is used largely for farming and livestock breeding.

14. MUNICIPALITY OF Budva is a Montenegrin town on the Adriatic Sea. It has around Trg Sunca br 3, 81310 Budva Srđa Popović 14,000 inhabitants. Budva is 2,500 years old, which makes it Provide contact with Tel : +382 33 451 211 President of the Municipality one of the oldest settlements on the Adriatic coast. The coastal potential investors Fax: +382 33 451 257 area around Budva, called the Budva riviera, is the center of Email : [email protected] Associate Montenegrin tourism, known for its well preserved medieval 7 Web : www.budva.me walled city, sandy beaches and diverse nightlife. Tourism is the main driver of the economy of Budva. It is a significant tourist destination on the eastern Adriatic, and by far the most popular destination in Montenegro. During the 2013, Budva recorded 668,931 tourist visits, and 4,468,913 of overnight stays, thus accounting for 44,8% of tourist visits to Montenegro, and 47,5% of its overnight stays. Budva has an image of a crowded beach resort, with lively and vibrant atmosphere and a very active nightlife. 15. MUNICIPALITY OF BIJELO POLJE Bijelo Polje lays in valley divided by the river . It is a Ulica Slobode bb, 84000 Bijelo Polje Aleksandar Žurić picturesque city surrounded by rich pastures, wells and large Presentation of investment Tel : +382 50 432391 President of the Municipality forests. opportunities Fax: +382 50 432 393 It has a population of 15,400 (2011 census). It is the Email:predsjednikbp@t -com.me Associate administrative, economic, cultural and educational centre of Provide contacts with Web : www.bijelopolje.co.me northern Montenegro. It is the unofficial center of the north- potential investors eastern region of Montenegro. Bijelo Polje means "White Field" in Serbian and all related South Slavic languages. Some legends say that Bijelo Polje got its name after white flowers that in spring covered this entire city. Bijelo Polje is connected to the rest of Montenegro by two motorways. It is situated on the main road connecting Montenegro's coast and Podgorica with northern Montenegro and Serbia (E65, E80). Bijelo Polje is also a station on - Bar railway, the last station in Montenegro for trains leaving for Belgrade, and it serves as a regional train station. is 130 km (81 mi) away, and has regular flights to major European destinations. Bijelo Polje is recognizable by church of Saint Peter and Paul where is the Gospel of Miroslav, one of the oldest and the most beautiful scriptures written in Cyrillic on hide and decorated with initials and miniatures of vivid colors and in gold. Also there is church of Saint Nicola where there are rich library and frescos completely saved. The Municipality of Bijelo Polje has declared 4 business zones: Nedakusi, Cerovo, Vraneska dolina (Vranes Valley) and Bistricka dolina (Bistricka Valley). The Municipality has made the Decision on Incentives for Enterprises and Enterpreneurs in the Business Zones ‘Nedakusi’ and ‘Cerovo’. The incentives provided by the local self-governement relate to: • Exemtion from payment of using the road land; 8 • Exemption from payment of fees for development of construction land; • exemption from payment of surtax on personal income; • Exemption from tax on property over 0,1% of market value of property

The above-mentioned incentives may be used if the investitors hires 5 and more employees.

16. MUNICIPALITY OF Herceg Novi is a coastal town in Montenegro located at the Trg Maršala Tita br.2, 81340 Herceg Novi Nataša Martić entrance to the and at the foot of Mount Orjen. It is Presentation of investment Tel: +382 31 321 564 Advisor to the President of one of the major Montenegrin tourist destinations. It is well projects as part of the Fax : +382 31 323 517 the Municipality known as a spa and health center; nearby Igalo has an strategy of revitalization of Email : [email protected] abundance of healing sea mud called "igaljsko blato" (Igalo the peninsula Luštica Web: www.hercegnovi.me Branka Mračević mud) and mineral water springs called "igaljske slatine" (Igalo water springs). Herceg Novi is recognisable by the abundance B2B : The nice group Marco Matteucci of mimosa trees and its numerous flights of stairs. It is a ‘city of Banca intesa Saopaolo the sun’, thanks to the large number of sunny days all year KH spa round. The centre of Herceg Novi is Stari Grad, decorated by buildings dating back to the epochs of Sahat – Kula (1667) and Kanli – Kula (1483). Fortress Spanjola (1538) and Fortress Forte Mare (1687) are only a part of the cultural heritage of this renowned town. Full of thick greenery, Herceg Novi hides numerous kinds of tropical flowers. Towards the end of January the town becomes scented with the subtle fragrance of yellow and green mimosas and the festival of Praznik Mimosa is dedicated to this flower. During the summer months many festivals are organised to further enrich the tourist offer of this enchanted town. The city is a desirable tourist destination with possibility of developing eco-tourism, sport tourism, recreational tourism, religious tourism, congress, with the theme of gastronomy, wine, the study of plant and animal species.... 17. MUNICIPALITY OF KOTOR Located along one of World’s most beautiful bays is Kotor, a Stari grad, zgrada 317, 81330 Kotor Aleksandar Stjepčević city of traders and famous sailors, with many stories to tell. Tel: +382 32 325 862 President of the Municipality The Old City of Kotor is a well preserved urbanization, typical of Provide contacts with Fax :+382 32 304 736 the middle Ages, built between the 12th and 14th century. potential investors Email: [email protected] Medieval architecture and numerous monuments of cultural Web: www.kotor.me Associate heritage have made Kotor a UNESCO listed “World Natural and Historical Heritage Site”. 9 Through the entire city the buildings are criss-crossed with narrow streets and squares. One of these squares contains the Cathedral of Saint Tryphon, a monument of Roman culture and one of the most recognizable symbols of the city. The economy of Kotor is based on tertiary activities: trade, tourism (sightseeing, yachting and cruising), service, partially industry and beginnings of marine economy. Agriculture is also one of the directions of development. In agriculture production of citrus fruit, early vegetables, olives prevail, while the production and processing of Mediterranean fruits is lately being stimulated. Industry doesn’t have leading role. From whole industrial production in Kotor, only Daido Metal has “survived”. Its production is exported to foreign markets. Kotor has favourable geographical position for exploitation of solar power.

18. PRIJESTONICA CETINJE Cetinje is a city and Old Royal Capital of Montenegro. The city (OLD ROYAL CAPITAL CETINJE) Aleksandar Bogdanović nestles on a small karst plain surrounded by mountains, Presentation of Old Royal Bajova ulica 2, 81250 Cetinje Mayor of the Old Royal including Lovćen. It has a population of 13,991 according to Capital and its natural and Tel: +382 41 231 755; Capital 2011 census. Cetinje is a town of immense historical heritage, economic potentials, as Mob: +382 67 878 877 founded in the 15th century. It became the center of well as concrete project Email: [email protected] Dražen Blažić Montenegrin life and a cradle of Montenegrin culture and presentation Web: www.cetinje.me Adviser to the Mayor an Ortodox religious center. Due to its authentic architecture and many historical buildings, monasteries, churches and -looking for investors museums, this city is called “city-museum”. The old royal capital Cetinje created a very attractive business environment for investors. It is characterized by the efficient local administration, availability of locations for business development and significant fiscal and financial incentives. Cetinje also provides the opportunity for making new and completely unique investments. This primarily refers to the construction of the longest tourist cable car in the world connecting two cities in Montenegro, but also participation in the multipurpose complex of the world-wide recognized artist, Marina Abramovic. The Old Royal Capital Cetinje set up a service called “One Stop Shop” for the investors, with the ambition to offer the simple, efficient and reliable service. Thus, investors receive all the necessary information, permits and responses to their request, in the shortest possible time. For important investors, Old Royal Capital provides a personal advisor who provides the investor free of charge advisory 10 and administrative support. Old Royal Capital Cetinje has two business zones suitable for the development of Greenfield and Brownfield investments

19. PUBLIC ENTERPRISE ‘’MORSKO DOBRO’’ Morsko Dobro is a public enterprise engaged in the field Ulica Popa Jola Zeca bb, 85310 Budva Two represenatives of protection and improvement in using sea resources ; Tel: +382 33 452 709 management of sea resources; conclusion of contracts on Fax: +382 33 452 685 usage of sea resources ; construction and maintenance of Email:[email protected] infrastructures facilities in function of sea resources. Web: www.morskodobro.com

11