Siemens wishes to take part in project Jelen Hyatt at Crni vrh, another €50m needed for completion of project, Lukoil’s offer still on

German Siemens was interested in procurement and completion of construction of superluxurious hotel Jelen Hyatt at Crni vrh Peak, general director of NIS Jugopetrol, Dušan Pavlović, announced. So far, Jugopetrol has invested about 30 million USD since 1995 when the construction started. According to some estimates, at least €50m is needed for completion of that work. Director pointed out that Russian Lukoil was still interested in the project.