Internet soon in every house in Budva, an interestin move of community management

Budva community sold 82% of cable company stock which does business in Mediteranian distributive system, to a previously minor owner Milovan Drakulović for 425.000 USD. According to the contract, his company Kabling is obligated to provide Internet for every user of the cable system till the end of 2005, which makes Budva the first community in Serbia and Montenegro to use the Internet this way. Drakulović is obligated to broden the signal of TV Budva on the areas of Podgorica and Bar bz October 2005, and to connect with TV signal area between hotel Mogren, Avala and Stara Budva, community building, closed pool Boka whose construction is getting to en end, Lugovi stadium and the hall of Mediterenian Sport Center by the end of November. If Drakulović fails to fulfill his obligations, communitz of Budva will become the owner of the cable company and Drakulović will have to pay the penalty of 150.000 EUR. 

Milovan Drakulović is a pioneer of the cable television in the ex Yugoslavia who integrated that system in Budva in 1987 and the same year uder his technical solutiond for the first time TV Budva aired.