The company "Overseas assets management" from Podgorica, which manages the residential complex of villas on Cape Platamuni, operated with a loss of 1,9 million euros last year.
This is shown by the financial statement submitted to the Revenue and Customs Administration, which "Vijesti" had access to.
The company linked to Russian billionaire Oleg Deripaska accumulated a total loss of 9,5 million euros.
Deripaska is an aluminum magnate, founder of United Co, Rusal International PJSC, the world's largest aluminum producer outside of China.
He has been under American sanctions since 2018, and European sanctions since last year.
The company's assets are estimated at 26,8 million euros, which is about 800 thousand less than in 2021. The company's long-term liabilities are 35 million euros. The company's net income last year was 1,2 million euros, while operating expenses were 2,9 million euros.
The company also ended 2021 in the red with a loss of 605 thousand euros. The best business year was 2020, when Deripaska's company achieved a positive result of 1,6 million euros.
In 2019, the company had a positive result of 337 euros, but in 2018 it recorded a loss of one and a half million euros, in 2017 the loss was 1,7 million euros, and the year before that it was 1,3 million euros.
The property of Deripaska's company - a land complex of 50 thousand square meters with luxury villas - is mortgaged for the amount of 39 million dollars.
"First-class mortgage in the amount of 39.251.208 dollars as the amount of legal default interest calculated from the due date of the claim to the date of payment of the maximum principal amount of the loan of 50.000.000 euros from the mortgage creditor 'Advente management corp'", it is written in the real estate newspaper in which "News ” had an insight.
"Advente management corp" is, according to the Central Register of Business Entities, the founder of the company "Overseas assets management".
Letnjikovac unites the central, marble-clad, two connected palaces that cover 1.600 square meters of built space, while the other nine smaller tourist villas have from 100 to 300 square meters.
In 2010, "Overseas Assets Management" received a building permit from the Municipality of Kotor for the construction of tourist facilities, and a year later a permit was also issued for accompanying facilities. The tourist complex is surrounded by a five-meter high stone wall, access to which is strictly prohibited and has private security.
Deripaska got a nice piece of the coast when his company paid 627.000 euros for two and a half hectares of land, or only 18 euros per square meter of land on the very foam of the sea, in a tender called by the Fund for the Reform of the Defense System of Serbia and Montenegro. Soon after that, he acquired another hectare from Morski Dobr.
The former owner of the Podgorica Aluminum Plant, apart from the summer house, as previously announced, planned the construction of the entire tourist-apartment complex, on almost half a million square meters, through another company "KPM limited", which the media also linked to a Russian oligarch. The company bought the land in the countryside around the beaches of Trsteno and Ploče all the way to Platamun from the Municipality of Kotor.
Those two companies, allegedly controlled by Deripaska, are the owners of a large land complex, part of the coast of as much as 550 thousand square meters.
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