Lustica Development a.d. Tivat Logo

Lustica Development a.d. Tivat

LUDE | MOBE

Overview

Corporate Details

ISIN(s):
MELUDERA1TV5
LEI:
Country:
Montenegro
Address:
Radovici, 85323 Tivat
Sector:
Consumer Discretionary
Industry:
Hotels, Restaurants & Leisure

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.

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