Macura and Kostić plan to expand their business in Montenegro

The companies "Alta Pay Group" and "Agri Europe Cyprus Limited" have submitted requests to the Central Bank (CBCG) for the acquisition of ownership shares in Podgorica's Addiko Bank.

This was officially announced to "Vijesti" by the Central Bank of Montenegro (CBCG).

Both companies are owned by Serbian businessmen - "Alta Pay Group" owned Davor Macura, and owned by "Agri Europe Cyprus Limited". Miodrag Kostić.

This is part of the entry of two businessmen into the ownership stake of the Austrian Addiko Bank AG, which operates in several countries in the region.

"There are currently two decision-making processes in the CBCG on requests for the acquisition of an indirect qualified participation in the share capital of Addiko banka Podgorica, as a subsidiary of the parent bank Addiko AG. The first request was submitted by the potential acquirer "Alta Pay Group Beograd" with a planned participation of 29,59 percent in the share capital of the bank, while the second request concerns the acquisition of a 26,991 percent participation by the potential acquirer "Agri Europe Cyprus Limited", he said. News" director of the Directorate for Licensing, Approvals, Measures and Compliance Assessment in the Bank Control Sector Nikola Bašanović.

He explained that the CBCG is conducting the decision-making process and communicating with the attorneys of these two legal entities, with the aim of providing all relevant information and data needed to make decisions on these issues.

"The deadline for making a decision is 60 working days from the day of submission of the proper request", explained Bašanović.

Miodrag Kostić is the owner of MK Group, which is already present on the Montenegrin market. "MKG Properties", a part of the MK Group, in May 2022 bought the shares of Budvanska Riviera and Sveti Stefan Hotel from its related companies as well as some of the small shareholders on the Montenegro Stock Exchange, which brought together 32,2 percent of Budvanska Riviera's shares and 31,25, 24,27 percent of actions in "Sveti Stefan" hotels. The value of the transaction was XNUMX million euros.

In the ownership of "Budvanska Riviera" there are six hotels in attractive locations - "Mogren", "Slovenska plaža", "Aleksandar", "Palas", "Palas lux" and "Castellastva", with a total of about 3.800 beds.

As previously announced, MK Group has invested 500 million euros in tourism in the Adriatic region, and currently owns 15 hotels in Serbia, Slovenia, Croatia and Montenegro in majority or minority ownership.

In May 2018, Kostić's company "Beo Real Estate" (specialized in real estate) registered the company "Mont Lux Real Estate" in Montenegro, which in June of that year became the owner of seven luxury apartments in the complex "Dukley Gardens" in Zavala. At the beginning of July of that year, Kostić sold "Mont lux real estate" to the company "MCG Montenegro", which is part of the "Stratex Group".

At the end of January of this year, the Council of the CBCG gave approval for the provision of payment services to the payment institution "Alta Pay Group" based in Budva. According to data from the Central Register of Business Entities, this company was founded in 2019 and the sole founder is Davor Macura

Kostić owns AIK banka and Eurobank Direktna in Serbia, as well as Gorenjska banka in Slovenia.

According to the data available on the MK group website, they are present on the markets of Serbia, Slovenia, Croatia and Montenegro.

At the end of January, the Council of the CBCG gave approval for the provision of payment services to the payment institution "Alta Pay Group" based in Budva. According to data from the Central Register of Business Entities, this company was founded in 2019 and the sole founder is Davor Macura.

At the end of last year, "Vijesti" wrote from unofficial sources that Macura, that is, one of his companies from Serbia, was interested in acquiring ownership in Prva banka, which it now controls. Aco Djukanovic, the brother of the recent president of Montenegro Mila Đukanović. This information was confirmed by "News" from a source familiar with the events related to this transaction.