FREI 2017 – List of participants (Download)


The Eighth Investment and Real Estate Festival – FREI 2017 took place at the hotel “Avala”, in Budva, from May 15th to May 18th. The festival was organized under the auspices of the Deputy Prime minister of Montenegro Milutin Simovic, with the program partnership of the Ministry of Sustainable Development and Tourism. The General Sponsor of FREI 2017 was “Portonovi” by Azmont Investments.

Yet another year, FREI facilitated an intensive and constructive communication between the real-estate professionals, primarily between key investors and representatives of relevant state authorities and public administration. Through the exhibition and various presentation forms, the key development projects in Montenegro were presented and the major challenges related to intensifying real estate investments were discussed at the Festival of Investment and Real Estate.

The unique energy of this contemporary, multi-disciplinary event attracted a significant number of guests not only from the region, but from around the globe.

The agenda of the program concept organized for all attendees can be viewed below.


1st day May 15th 2017 (Monday)

13.00-17.30 Arrival, registration, accommodation

17.30-17.35 Welcome Notes – Milan Mrvaljević, Chairman of the Organisation Committee

17.35-18.05 Sustainable Development and Tourism Reforms as an Incentive for Intensifying Investments in Tourism Development in Montenegro – Pavle Radulović, Minister of Sustainable Development and Tourism of Montenegro

18.05-18.25 The Importance of Integration Processes for the Economic Development of Montenegro – H.E. Margaret A. Uyehara,U.S. Ambassador to Montenegro

18.25-18.45 Portonovi by Azmont Investments – General Sponsor of FREI 2017

18.45-19.15 Coffe Break

19.00-19.30 Arrival of Deputy Prime Minister of Montenegro Mr. Milutin Simović. Detour of the Exhibition.

19.30-20.00 Business Environment – The Foundation of Economic Development of Montenegro – Milutin Simovic, Deputy PrimeMinister of Montenegro

20.00-21.00 Welcome Cocktail

21.30-23.00 Entertainment Program (Cuba Band)

2nd day May 16th 2017 (Tuesday)

10.00-11.45 Success Stories (1)

10.00-10.30 Global Growth of Luxury Hotels – Any Chance for Luxury in Montenegro? – Margaret Rajković, Partner, HorwathHTL – Special FREI Partner
10.40-11.10(1) Valorisation of Đalovića Cave. (2) Constructing Five New Ski Resorts – Directorate of Public WorksMontenegro
11.20-11.45 Project Financing Model offered by Erste Bank – Danilo Begović, Corporate Division Director, Erste Bank

12.00-12.45 Invited Lecture: Tourism Trends and Forecasts for the Mediterranean – Challenges and Opportunities – EulogioBordas Rubies, President, THR

13.00-14.00 Thematic Presentations

13.00-13.20 General and Investment Related Issues Relevant to Winter Tourism Development - Velibor Goranović, Ministryof Sustainable Development and Tourism, Project Monitoring Department, Advisor
13.20-13.40 Land Policy as Prerequisite for Development – Oliver Marković, Capital Podgorica, Acting Secretary for Planning, Landscaping and Environment Protection
13.40-14.00 Program Based Improvement of “Small” Hotel Management – Olivera Brajović, Ministry of Sustainable Development and Tourism, Director of the Directorate for Tourism Development and Standards

16.00-17.30 FREI Debate: New Legal Framework for Spatial Planning and Building Construction – keynote speaker: Pavle Radulović, Minister of Sustainable Development and Tourism of Montenegro / moderator: Milena Lukić, Chief of Cabinet of Minister

18.30-20.00 FREI Discourse: Credit Support for the Development of Tourism – keynote speaker: Darko Radunović, Minister of Finance of Montenegro / moderator: Bratislav Pejaković, Secretary General of the Association of Banks od Montenegro

21.00-23.00 „Evening with Friends“ (Toć Band)

3rd day May 17th 2017 (Wednesday)

10.00-11.45 Success Stories (2)

10.00-10.30 The Project That Has Changed Montenegro“ – Public Enterprise „Regional Water Supply Montenegrin Coast“
10.40-11.10 Information and Communication Technologies in Tourism and Real Estate Sector – Predrag Ćorsović, Čikom IT Engineering
11.20-11.45 „Zirine Gardens“, Mediterranean Eco-village Development Project in Herceg Novi’s Hinterland“ – Associate Professor PhD Veljko Radulović, Architect, Masterplan Co-author, Studio GRAD

12.00-12.45 Invited Lecture: Branded Residences – There’s Value In The Name - Chris Graham, Graham Associates

16.00-17.30 Panel A: Local Municipality and Application of Instruments for Investment Stimulation. Experiences and Ideas –moderator: Nada Mihailović Pavićević, Ministry of Sustainable Development and Tourism, Head of the Project Monitoring Department

17.45-19.15 Panel B: Costal Area Development Concept of Montenegro – moderator: Svetlana Jovanović, RZUP

19.30-19.45 Closing messages of FREI 2017 – Rade Ljumović, Program Director of FREI

19.45-20.45 Closing cocktail

4th day May 18th 2017 (Thursday)

07.00-11.00 Check out. Departure.