Independent journal on economy and transport policy
09:58 GMT+2
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Global Holding Ports will acquire 62% of the Montenegrin port of Bar
the quota will remain to the Turkish society for 30 years
November 18, 2013
Global Holding Ports (GPH), society integrally controlled from the Global Turk Investment Holdings, is selected which preferential offerer in the contest for the acquisition of 62.09% of the share capital of the Montenegrin port of Bar currently in the hands of the marine activity and Ministry of Transportation. Such quota will remain in possession of the Turkish society for 30 years, while the remaining quota the capital of the joint stock company Luka Bar is opened to the public negotiation to the Stock exchange of the Montenegro.
GPH has remembered that currently the port of Bar has a containerized trade ability pairs a million teu per year and an ability to general traffic of goods pairs to six million tons.
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