Longrun Invest building 200 apartments in Bar
05.05.2008
According to media reports Longrun Invest is, after Sonuba Montenegro, the leading company in terms of investment in Bar. Last year Sonuba Montenegro paid EUR 32 million for the land in Maljevik where it plans to build new luxury resort with marina, hotels, restaurants and luxury villas.
Longrun Invest was founded in Podgorica three years ago with 70% of Russian and 30% of Montenegrin capital. The company is currently completing a EUR 15 million development consisting of three residential buildings with two hundred apartments. Ratko Vujacic, one of the founders and owners of the company, stated that apart from residential construction, the company plans to invest in other projects in Montenegro.