Business News

Minister to Take Part in Business Summit in Montenegro

Budva, 22 May (STA) - Economic Development and Technology Minister Stanko Stepišnik will take part in the regional business conference Summit100 near Budva, Montenegro, on Thursday and Friday. The summit will bring together leading businesses that wish to contribute to creating a vision and boosting competitiveness of their countries and SE Europe.

The Montenegrin coast will host business representatives and senior political figures from Slovenia, Croatia, Serbia, Bosnia-Herzegovina, Macedonia and Montenegro at the second Summit100 conference, after the first one took place in Aranđelovac, Serbia, in 2011.

Among the main topics of this year's summit are creative partnerships for approaching third markets, prospects and potential of the region in the view of major investors, and regional efforts for preventing brain drain.

Also on the agenda are issues like unemployment in the region and responsibility of the media for further strengthening regional economic cooperation.

Business executives are to adopt a declaration presenting what the business elite expects from their respective countries in support of their joint efforts for a common, competitive and successful market.

According to the organisers, the summit will be attended by Montenegro's Prime Minister Milo Đukanović, Serbian Prime Minister Ivica Dačić and the Chairman of the Council of Ministers of Bosnia-Herzegovina, Vjekoslav Bevanda.

Apart from Stepišnik, Slovenia will be represented by Ambassador to Montenegro Vladimir Gašparič, SKB bank boss Cvetka Selšek and industrial conglomerate Hidria chairman Iztok Seljak.

A concrete result of the first summit, which was attended by the then Slovenian President Danilo Türk, was the establishment of the Slovenian-Serbian construction consortium Feniks, initiated by Hidria and Serbia's PSP Farman.

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