Montenegrin "Luka Kotor" Port Fined For The Abuse Of Dominance

Bisera Andrijasevic of BDK Advokati discusses a recent fine of Montenegrin “Luka Kotor” port for the abuse of dominance. The Montenegrin antitrust authority, the Agency for Protection of Competition of Montenegro (“Agency“), announced that the Higher Misdemeanour Court of Montenegro imposed on 10 July 2018 a fine in the amount of EUR 27.249,54 on the Montenegrin port operator “Luka Kotor” A.D. (“Luka Kotor“) for abuse of dominant position that had been established by the Agency in 2016. The fine represents 1% of the infringer’s relevant turnover. The court also fined Luka Kotor’s…

Sale of Luka Novi Sad

The Republic of Serbia is expected to announce the sale of Luka Novi Sad (Novi Sad port). The target is the only remaining state-owned port in Serbia that was previously under radar of 12 local and foreign companies which officially submitted letters of interest in the past. The asking price remains unknown.

Montenegrin Airports under Concession

The Republic of Montenegro has decided to put state airports under concession and has recently launched public debate on the Concession Act. After the public debate, the state will invite interested parties to submit offers. The state-owned airports to be included in the concession for the period of 25-30 years are: Berane, Podgorica and Tivat. The estimated concession fee ranges between EUR 50-100 million. Certain French companies with experience in airport management have been mentioned as potential concessionaries of Montenegrin airports.