The High Court of Justice of England and Wales initiated the liquidation of the company Beppler and Jacobson LTD England - Budva, to which the Montenegrin Real Estate Administration manages a large land complex in the very center of Budva, opposite the Old Town, on which the hotel "Avala" was built with villas, and whose market value reaches 100 million euros, "Vijesti" revealed.
This is indicated in the Central Register of the Podgorica Commercial Court.
The High Court of Justice is a first-instance civil and second-instance criminal court, and the liquidation was initiated on May 3 of this year by the chancellery department of that court, in charge of business law and tax cases
Ownership of the land complex of 12.786 square meters on which the nine-story hotel complex "Avala" with villas was built was registered with this company in the Real Estate Administration of Montenegro.
A company from England, whose director is Roman Kopiltsov, founded the Bepller and Jacobson Montenegro company in Montenegro, which was the main investor in the reconstruction and construction of new parts of the Avala hotel and villas.
The head of the Montenegrin branch of the London company is still businessman Zoran Ćoćo Bećirović, who is on friendly terms with DPS leader Milo Đukanović, as executive director and authorized representative. Bećirović is also connected with a company in England.
The company Bepller and Jacobson Montenegro does not own property in Budva, but, as stated in the cadastre, property in Kolašin, namely a land complex of 9.156 square meters.
Hotel "Avalu" was bought by the company Beppler and Jacobson from the hotel group Budvanska riviera nine years ago for 3,2 million euros, after the verdict of the High Court. The judgment allowed that company, as the second-ranked one, to buy Budva's most elite hotel until then, after the tender was cancelled.
"Vijesti" then announced that it was the sister of DPS leader Milo Đukanović, Ana Kolarević, who was first a member of the judicial council that made such a decision, and soon after that she left the judicial position and became the official representative of the company Beppler and Jacobson.
While the company's liquidation process continues, speculations that Bećirović has lost ownership of the "Avala" hotel are slowly coming true.
The hotel was taken over by Russian businessmen, who were Bećirović's partners in the reconstruction of the hotel complex as well as the construction of the new "Stara Avala" and about 20 villas.
The current hotel complex, in which more than 40 million euros have been invested, has 240 rooms, 29 apartments and 64 villas and is one of the most attractive on the Budva Riviera.
Although it is a hotel that was a symbol of Budva, the new management, which was changed on several occasions and was brought in by Bećirović, in the past half a decade failed to restore the old glory of "Avala".
Avala owes 4 million for utilities
While the ownership tangles around "Avala" continue, the elite Budva hotel, although it is full of guests, does not yet have an occupancy permit.
"News" confirmed in the company Bepller and Jacobson that "issuance of the use permit is in progress". The investor, who spent six years building the hotel on a whim, because he only received a building permit in 2010, has not yet paid a single cent to the Municipality of Budva for utilities. .
The company Beppler and Jacobson Montenegro, headed by Bećirović, submitted to the Ministry of Sustainable Development and Tourism a request for a technical inspection of the facility in order to obtain a use permit on April 17 of this year.
It states that the reconstruction of the hotel complex was completed on March 28. The Ministry cannot issue a use permit until the company settles the debt for utilities or concludes an agreement with the Municipality on the method of settlement of the fee for equipping the construction land.
Beppler and Jacobson, according to the calculation of the municipal services, owes about four million euros to the utilities. It was confirmed by the "News" in the Municipality that the contract regarding the settlement of utilities has not yet been concluded.
Bonus video:
