Tag: bankruptcy

Lease agreement saves Crnogorska Plovidba from bankruptcy, ensures jobs and protects fleet

The leasing of two ships by Barska to Crnogorska plovidba is seen as a vital solution to save the company from bankruptcy, preserve jobs,...

Expert proposes bankruptcy and restructuring as only solution for Montenegro’s Shipping

Goran Sindik, a maritime expert with three decades of experience, has suggested that the only solution for Montenegro's state-owned shipping company, Crnogorska plovidba, is...

Former Montenegro Airlines employees protest bankruptcy delays, demand transparency and accountability

The Commercial Court of Montenegro announced that no asset distribution has taken place in the bankruptcy proceedings of Montenegro Airlines, as several ongoing lawsuits...

Uncertainty looms: Decision on Vektra Boka’s bankruptcy postponed again

The Commercial Court in Podgorica has again postponed its decision on whether Vektra Boka will enter bankruptcy for the second time. The hearing was...
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