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EPCG terminates lease with 8B Capital over unpaid rent and employee obligations at Željezara Steelworks

EPCG Željezara, owned by the state power company Elektroprivreda Crne Gore (EPCG), reported a loss of €2.11 million last year, bringing the total company...

8B Capital pays partial debt to EPCG, further steps pending

Swiss company 8B Capital, the tenant of the Steelworks, has paid Elektroprivreda (EPCG) €40,000 as part of its debt. EPCG will wait until the...

EPCG threatens legal action against 8B Capital for unpaid lease debt

If the Swiss company 8B Capital does not settle its debt to the Electric Power Company of Montenegro (EPCG) by May 12, which stems...

EPCG terminates lease agreement with 8B Capital over unpaid rent and unfulfilled obligations

Electricity Company of Montenegro (EPCG) has sent a notice of unilateral termination of the lease agreement for the Željezara plant to 8B Capital, confirmed...
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Delays and unmet commitments: Issues surrounding ‘8B Capital’s lease of Nikšić steel plant

The Swiss company "8B Capital" and businessman Igor Šamiz, who was the only one interested in leasing the Steelworks and Forge in the Nikšić...

Swiss company 8B Capital breaches lease agreement for Nikšić Steel Plant amid unpaid rent and unfulfilled obligations

Swiss company 8B Capital has breached its lease agreement for the Nikšić Steel Plant by failing to pay the monthly rent of €31,000 for...
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