As of today, the Azerbaijani company Azmont Investments has started to sell real estate in Montenegro at the resort Portnovi, which cost the company 650 million euros.
The total number of real estate is 133 units. Today on sale there are 89 resort villas, united in Lower Village and 24 private residences in Marina Group.
The announcement of the start of sales was made at the presentation in London by the Chairman of the Supervisory Board of the company Azmont Investments Ahmet Erentok, according to the company's website www.azmont.com.
Ahmet Erentok predicts completion of real estate sales in the second half of 2017. According to his expectations, the opening phase of the resort will take place at this time. "We look forward to the first inhabitants of Portnovi," Erentok said.
Note that the share of 99.99% in Azmont Investments established in Montenegro is owned by Azerbaijan Global Investments (AGI), and 0.01% of the shares belong to Saiph Holding B.V. (Holland) owned by SOCAR.
The founders of AGI created in 2013 are Pasha Development (35%), Ata Holding (33%) and Synergy Group (32%).
In April, the Central Bank of Montenegro announced a license of Azmont Bank AD Podgorica (0101-4014 / 83-2). This is the second bank with Azerbaijani capital in Montenegro.
The head of the Supervisory Board is also Erentok Ahmet, and he is also the head of Ata Holding Supervisory Council, which established the bank's head companies - Azmont Investments, Azerbaijan Global Investments and AGI.
Since December 2015 Azmont Investments has had a representation operating in Azerbaijan. Its legal representative is Gorkhmaz Agayev. -0-
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