€13.5m for construction of "Panorama" hotel

Austrian-Montenegrin Hotel-Tourism Company "Špringer & Plecer Montenegro" will invest €13.5m in construction and renovation of "Panorama" hotel in Bečići.

The second phase of the hotel renovation will include completion of the wellness center and the annex for VIP guests. After the adaptation, which will be completed until the end of April 2006, the hotel will bear the name - Queen of Montenegro.