Podgorica, (MINA - BUSINESS) – The company Carine stated that it entered all its projects, including the resort in Baosici, in full compliance with all administrative procedures, adding that it relied on decisions by the Government and local institutions and acted within the framework of the approvals obtained.

Commenting on recent developments and media reports regarding its operations in the Bay of Kotor, Carine said that, as a family-owned company that has been investing exclusively in Montenegro for decades, it considers it important to provide additional context and highlight facts relevant to understanding the situation.

“For more than three decades, Carine has built the status of one of the most reliable entities in Montenegro’s economy, ensuring the regular payment of all taxes and obligations to the state budget, as confirmed by our inclusion in the white list of taxpayers, as well as the highest level of creditworthiness and client reliability with leading banks,” the company said in a press release.

The company emphasized that, aware of the importance of social responsibility, it has consistently invested in the local community and contributed to creating a sustainable and high-quality living environment.

Carine noted that all its projects, including the all-inclusive resort in Baosici, the beach development, and the resort in Kumbor, have been carried out in compliance with all administrative procedures.