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Lustica Development ad Tivat
Radovici
Phone: +382 20245100p:+382 20245100 TIVAT, 85323  Montenegro Ticker: LUDELUDE
Business Summary
Lustica Development ad Tivat is a Montenegro-based company, which is primarily engaged in the real estate development industry. The Company focuses on developing integrated touristic destinations. Their key product is Lustica Bay, a fully integrated resort development located on the Montenegrin Adriatic coast. This project spans approximately 6.9 million square meters in the Traste Bay along the Lustica peninsula. Lustica Bay aims to create a sustainable resort environment that balances economic, ecological, and social aspects in its decision-making processes. The development includes a variety of residential properties, hotels, a marina, golf courses, and various other amenities designed to attract both tourists and residents. Lustica Development is a subsidiary of Orascom Development Holding AG.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023Yes----

Industries
SIC Code Description
7011 Hotels and motels

General Information
Number of Employees: 735 (As of 6/30/2024)
Outstanding Shares: 73,559,781 (As of 6/30/2024)
Stock Exchange: MNG
Fax Number: +382 20245025


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Saturday, April 19, 2025