About Lustica Development a.d. Tivat

Company Description

Luštica Development AD Tivat is a subsidiary of Orascom Development Holding AG. Luštica is developing a fully integrated touristic destination (Luštica Bay), on the Montenegrin Adriatic coast with a commitment to creating and operating a healthy and sustainable resort environment, whereby conomic, ecologic, and social aspects are balanced in the framework of every decision-making process. Luštica is conducting the development on a Land Bank of around 6.9 million square meters situated in the Trašte Bay along the Luštica peninsula. Luštica Development AD has a listing on the Stock Exchange of Montenegro.

Year founded


Served area



Radovici, 85323 Tivat – Montenegro

Shareholder information

Shares outstanding



Jan. 1, 2008

Stock exchange(s)

Montenegro Stock Exchange



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