Slovene Company Buys Hotel in Montenegro in a Bid to Expand to Yugoslavia

Belgrade, 29 July - HIT, a Slovene company running a chain of hotels and casinos, signed two contracts with Montenegrin partners on Saturday, purchasing a hotel on the Montenegrin coast in a bid to open a casino there. Maestral Hotel was bought from the company HTP Budvanska riviera for, according to a report of the private Serb news agency Beta, 9.5 million German marks.

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