Dusko Knezevic, Chairman of Atlas Group, said for “Pobjeda” that he would personally promote the program of economic citizenship

Montenegro must have foreign investments and this is one of the ways to increase our competitiveness compared to other investment destinations. Economic citizenship program must be fully transparent process, pursuant to EU regulations. Completion of Atlas capital center in the near future will mark the end of crisis, indicating the beginning of new investment cycle in Montenegro – Knezevic said.

Podgorica – “Economic citizenship is not a new thing in the world and there are such programs in legislation of many countries. Comparing to them, I think that the price of a half of a million is too low. Montenegro must have foreign investments and this is one of the ways to increase our competitiveness compared to other investment destinations.”- Dusko Knezevic, Chairman of Atlas Group, said for “Pobjeda”. He emphasized that essential for this program would be to be well designed and promoted, to determine, from the very start, the target groups and profiles of investors to be attracted this way.
It must also be fully transparent process, pursuant to EU regulations. Based on all these prerequisites, economic citizenship program has my full support and I will personally try to promote it since I have a lot of friends and business partners from Asia, Near East, Russia, Serbia and other European countries, having direct interest in application.

Could starting the second phase of project Porto Montenegro as well as completion of Atlas capital center be evidence of deathbed of global economic crisis and that we might see better days?

- Construction of these two projects has started immediately before the crises broke out meaning their implementation was in very hard conditions. In my opinion, it is very important that our operation has neither ceased nor been questioned, especially because of participation of foreign assets. These are two very important projects and I think their completion in the near future will mark the end of crisis and indicate the beginning of the new investment cycle.

Montenegro has been trying to be profiled as elite tourist destination. What is your assessment of present promotion and general development of Montenegrin tourism?

- Montenegro is a young country with tourist capacities not known enough on the world market. Because of that, it is very important to be presented constantly at fairs, in foreign media as well as in sports and cultural events worldwide. The most important is to work on branding Montenegro as tourist country, having all beauties, unspoiled nature and numerous resources which will attract tourist from all around world.

You are one of a few businessman who operates successfully even during this crisis. What are the plans of Atlas Group, speaking of investments?

- Majority of activities related to completion of Atlas capital center in the several next months and which financial structure will be entirely completed. Besides that, works are starting on the location of current Jadranski sajam in Budva. We realized that job in cooperating with investors from Great Britain, from Future capital partners. Atlas Group will there build one of the most modern expo centers in the region and it will be finished in one year period. On the other hand, our partners will build luxury hotel, with Windam, worldwide known brand. We will also continue valorization of Meljine complex, which has recently become our property. Foreign investors also have a great deal of interest both in hospital and hotel part of this complex, and we are currently negotiating models of their participation. At the same time, we work intensely and are in contact with foreign investors. We are about to sign partnership contract with Turner Constructions on establishing joint company for South East Europe.

When can we expect completion of works on the most modern building in the region – Atlas capital center?

- It will be first building in Montenegro, and one of rare one in the region, with so called green certificate, because of the energy efficiency system. We are doing finishing works and at this pace, apartments will have been finished by end of the year, and entire interior and business part by the spring next year.

Simplifying investment procedures   

Do business people in the world think of Montenegro as of destination safe for investing and what should be done to make even more investors place their assets here?

- As I have already said, Montenegro is quite a new investment destination and a lot has to be done on the promotion in the world. What attracts investors more is simplicity in operations, easier and expeditious procedures and transparent legal frameworks.
In some countries, you just need to go to a law or consultant office, and they will finish entire process of registering company for you, obtaining licenses, etc. This is the course Montenegro should take, meaning that it is necessary to make further simplification of procedures, law amendments relating to establishing and operations of foreign companies as well as facilitation process of employing foreign managers. These are presumptions which will attract new and keep present investors, and make Montenegro desirable investment destination.

   

Atlas Center today signed a contract for the second part of the loan with Marfin Egnatia Bank of Greece. Costas Vitakis, Director of Marfin Bank, has put his signature on the loan agreement, on behalf of this well-known Worlds Bank. Despite the global economic crisis, Atlas Group is currently building technologically most advanced building in the region, Atlas Capital Center, opening is expected in late 2010.

On this occasion, Mr. Costas Vitakis said that Marfin Bank has recognized this project from the beginning as one of the most promising regional investment. "I am pleased to see the completion of this project, and that Marfin Bank, together with the owners of Atlas Capital Center provided funding and helped project implementation. Concerning the global economic crisis, with cooperation between our bank, the royal family of Abu Dhabi and the Atlas Group, the project is almost done, respecting the highest standards and quality. I'm very glad now that it is certain, Atlas Center will open doors and be a symbol of Podgorica in November, "said Vitakis.

On behalf of Atlas Capital Center, executive director Maja Stjepovic said that "the Atlas Group and Capital Investment, investors in this project, showed that at the time of global economic crisis, which particularly affected the real estate market, we can now underline the financial structure for this project worth over 120 million euro.

Jassi Al Seddiqui, representative of Capital Investment and the Royal Family of the United Arab Emirates said that their first project in cooperation with partners from the Atlas Group proved very successful and will soon consider new investments.

Atlas Capital Center is a facility located in the business - administrative part of Podgorica. The Center offers over 90,000 m2 of modern design under its roof, a new chance to live, play and work. Atlas Capital Center will offer 13,000 m2 of housing space, which consists of 90 residential apartments - a concept that has not been represented in our market.

The Center offers over 13,000 m2 of commercial space and even 40.000 m2 of office space, of which 8500 m2 will take place for the hotel operator. Concerning requirements such building sets, for the first time in our market, one company will take care of the entire building and all the needs of its residents (Facility Management).

The object was to justify the highest level of technical, technological and artistic equipment, both in the apartment, as well as the business part of the building. During the construction materials used are of superior quality, especially in final processing. As one of the major problems in all cities today, including Podgorica, is parking space Atlas Capital Center has constructed 800 underground level garage spaces. The center is truly representative of life concept "LIVE, WORK, ENJOY”. With an exception of Atlas Capital Center and some other examples of high quality building, there is a very small number of comparable facilities in our region. Speaking of demanding clients, and those who still have only one criteria, and it's quality, Atlas Capital Center now has more and more residents in their rooms. Construction of this quality is easily recognized by Marfin Bank, which confirmed that the trust always justifies the good work.
For more information,
visit www.atlascentar.com

President of the Atlas Group was invited by the president of "Clinton Global Initiative," Bill Clinton, to attend the plenary session on May 13th , in New York.

At this session, held at the Hotel Sheraton, in the presence of government officials, the president of prominent foundations and corporations, former U.S. President Clinton spoke about the importance of philanthropic arrangements and cooperation between the public and the private sector, nongovernmental organizations and world leaders, in order to unite forces in dealing with most urgent global problems.

The organization defined the sphere of action to concentrate on in next year: introducing new trends in health, education, equality of work, implementation of new technologies and green economy.

In the meetings that were held after the plenum, the president of Atlas Group considered with other members, actual projects and possible actions for the implementation of new technologies in education and new social and environmental standards.  

The organization of former U.S. President Clinton has so far joined more than 100 current and former heads of the state, 14 Nobel Peace Prize winners, several hundred leading global directors, philanthropist, directors of the most effective non-governmental organizations and prominent personalities from the world's media (Barack Obama, Bill Gates, Steve Jobs, Princess Rihanna, Al Gore, Ban Ki-moon, Hillary Clinton, Kofi Annan, Jimmy Carter, Madeleine Albright, Warren Buffett, Matt Damon, Demi Moore, Brad Pitt, Ted Turner, Rupert Murdoch). These and other members launched 1.700 initiatives of 57 billion dollars which improve the lives of more than 200 million people in 150 countries.Participants analyzed the biggest global challenges, considered the most effective solutions and build secret partnerships that allow them to create a positive social change.

During his stay in New York, the delegation of the Atlas Group conducted a series of meetings on the New York Stock Exchange with a well-known investment companies Merrill Lynch, Bank of America, Barklis Capital and Bloomberg television. Knezevic also met with the executive director of New York Stock Exchange, Lawrence Liebovic, with whom he discussed the possibility of cooperation with Montenegro Stock Exchange and implementation of U.S. business experience.

At meetings with stock exchange officials and traders main target was to consider activities and opportunities for internationalisation of Atlas group and to make potential partnerships in projects implemented in our country.

Video:

http://www.youtube.com/watch?v=Xg_Zp5qDZD8

 

At the most prestigious tennis tournament in the region Serbia Open, a member of ATLAS GROUP from Cyprus, dealing with international currency trading ATLAS eFX is "Silver Sponsor" again in 2010. Cooperation is achieved in order to promote the most modern type of investment today and the possibility for strong domestic companies to reduce, control and manage currency risk exposure and thus increase the profitability. In the world this kind of trading has a practice for many years and in our country is becoming inevitable as well. ATLAS eFX team brings together experts in finance who are a strong competition to all international companies and offers FOREX services for trading in the most modern way.

http://www.atlaseforex.com

Tournament begins with first qualifying matches and 2 May 2010 until the official opening of the tournament is expected May 3. The competition will participate in many famous players from the domestic, regional and international areas. In addition to the other players of the world, Novak Djokovic, tennis fans will have the opportunity to Dorcol be seen by the following names of world tennis: John Izner (USA), Stanislas Wawrinka (Switzerland), Sam Querrey (USA), Ivo Karlovic (Croatia), Viktor Troicki (Serbia ), Janko Tipsarevic (Serbia), Igor Andreev (Russia), Lukasz Kubot (Poland), Andrea Seppi (Italy), Fabio Fonjini (Italy), Evgeni Korolev (Kazakhstan), Horacio Zebaljos (Argentina) Olivier Rochus (Belgium) Leonardo Mayer (ARG) Florent Serra (France), Michael Russell (USA), Richard Gasquet (France), Karol Beck (Slovakia).

Semifinals will be played on Saturday May 8 and the name of the winner for 2010 will be known on Sunday 9 May after the finals. It is expected to be good weather and a full seat occupation. Promoter of the tournament will be former Australian Open champion and U.S. Open, now a retired Russian tennis player, Marat Safin. Belgrade Mayor Dragan Djilas, has expressed confidence that the tournament will be even more successful than last year, when the Association of Tennis Professionals (ATP) declared the best in the world in its category, a series of so-called 250th.

Croatian singer, celebrity from Split, Ms. Severina Vuckovic stayed last weekend in Podgorica where she performed a video shooting for her new song “Lola”, from the “Miligram” compilation, in a luxurious ambient of an apartment in Atlas Capital Center.

Atlas Capital Center the business residential and commercial complex of, the-cutting edge in technics and technology project in the region, hosted Severina, whose head producer Aleksandar Kerekes decided to come to Montenegro and shoot a video for the song “Lola” in a luxurious apartment of Atlas Capital Center and on Montenegrin seaside.

A press conference was held in Media Center in Hotel BW Premier, Hotel Montenegro, where conference members gave statements about Atlas Capital Center in Podgorica, video shooting for song “Lola” and future plans: Vuko Dragasevic, the General Manager of Atlas Group, Aleksandra Golubovic, the Executive Director of CENTURY 21 Capital Real Estate, the official representative of Atlas Capital Center and Severina Vuckovic, Croatian celebrity.

As a welcome present and in the name of the Group and Atlas Mont Bank, Mr. Dusko Djukanovic, gave Severina a “Gold” credit card and stated: “Best wishes in spending money as much as you can, but of course manage your financial obligations”.

In the name of an official sales representative of Atlas Capital Center, CENTURY 21 Capital Real Estate, Executive Director, Mrs. Aleksandra Golubovic stated that CENTURY 21 Capital Real Estate is very pleased to have Severina in their showroom to make the video for song “Lola”, and by doing that additionally help the promotion of luxurious apartments in Atlas Capital Center.” I sincerely hope that Severina will come back and attend the grand opening of the Center”- stated Mrs. Golubovic.

“First of all I have to thank my host for hospitality and a great business co-operation with Atlas Group. Since the initial idea of my co-worker Ivana, who recommended Atlas Capital Center as ideal place for shooting “Lola”, we have in a very short period established co-operation with the Group. One way or another with this gift credit card I have “Gold” obligation to this Center” - said Severina. “I am sure that I will with pleasure accept the invitation for Center opening.”

“We came to Montenegro to shoot a video for the song “Lola”, and I hope that you will like the idea and video all under the coordination of Aleksandar Kerekes. I have to state that I have a very pleasant experience with Atlas Group who confirmed that it has always recognized the quality and artists, and that they are willing and unreservedly to come forth. I will definitely recommend the Atlas Group as a partner for cooperation”- said Severina.

The General Director of Atlas Group, Mr. Vuko Dragasevic, confirmed the successful cooperation with Severina. “As we successfully hosted Hollywood star here in Montenegro last year, this year we have an honor to have Severina as our guest and a co-worker on the promotion of currently biggest project in the region – the Atlas Capital Center. We will most certainly give efforts to hear Severinas’ voice as well on the grand opening of the Center”- stated Mr. Vuko Dragasevic.

Watch press conference video:
http://www.youtube.com/watch?v=v271ys5ipJw

Shooting video for the song:
http://www.youtube.com/watch?v=wpjr76EF9M4

 

Atlasmont Bank is declared to be the best bank in Montenegro, and Atlas Group the best financial organization by world financial magazine, the “WORLD FINANCE”, based in London. During the ceremony in London, reward was delivered to the president of Atlas Group and the president of the Atlasmont Bank board of directors, Mr. Dusko Knezevic.

“WORLD FINANCE” is the most prestige world financial magazine who has on its pages some of the biggest names in the world of finance. In its latest edition, May and June, they published an article about the history and business of Atlas Group.

In text about Atlas Group, under title “Branding the Success”, was given the detailed description of business activities so far, completed projects and project planed to be managed in the future. Atlas Group was given the recognition for quality in management activities so far, who contributed to stability and high liquidity of the Group and its members in the period of world economic crisis. Emphasis was given to the international character of the Group – its development on EU markets and Russia.

Magazine, among other, stated that Atlas Group has internationalized its business by owning the ABM bank in Moscow and by opening a regional office in Cyprus, who is tending to become a bank. This great recognition for successful development was received during the greatest economic crisis ever. Atlasmont bank has no difficulties in keeping high liquidity and regularly provides all services to its clients. Client and deposit outflow is minimal and definitely under the level compared to competitive banks. It is important to say that Atlasmont bank created this status in pre crisis period, when it ensured the business stability by keeping the traditional principles of banking business – stated in “WORLD FINANCE” magazine.

 

On the regional conference for finance and investments in South East Europe, held in Dubrovnik on 20th and 21st of October, Atlasmont Bank from Podgorica was officially rewarded as the best bank in Montenegro in 2009. Decision for delivering this gratification was announced one month ago by British institution EUROMONEY, who also organized this conference.

During the ceremony the director of EUROMONEY, Mr. Richard Ensor, stated that Atlasmont Bank wise leadership significantly came up front in the period of crisis. Landing was put under control, bank received an international rank for credit rating, business was successful, and for receiving this reward it is very important the way bank was managed during the crisis period.

Atlasmont Bank CEO, Mihailo Banjevic, stated on EUROMONEY conference in Dubrovnik that reward is inspiring but also expected. He stated that EUROMONEY reward for 2009 shows that Bank is on the right track. Credit rank of B1 provided by Moody’s was one of the main factors in EUROMONEY decision for the best bank in Montenegro in 2009, and rank was provided concerning great capital adequacy, high liquidity and positive profitability trend since establishment of the Bank.

Regional EUROMONEY conference organized annually, every October in Dubrovnik, was attended by high representatives of regional governments, Central and commercial banks, and other corporations and financial institutions from the region and further.

 

Atlas Group, one of the greatest companies in this part of Europe, doing business in five different countries, marked its twentieth anniversary by official sale start of Atlas Capital Center.

Atlas Capital Center is a facility planed and developed by the highest standards ever seen in the region, and CENTURY 21 Capital Real Estate will take care of sales process, the agency who is member of Atlas Group as well as the biggest international real estate network. www.century21.com

Atlas Capital Center will contempt 90 apartments ranging from 80-310 m², office space of nearly 15.000 m² and commercial area of 12.700m², while area planed for the hotel purposes is 14.500 m². All Atlas Capital Center residence and guests will have where to park their cars, on 812 parking lots in the four level of underground garage. Atlas Capital Center will have its own firm for managing the Center and will take care of all users needs on the highest level and will meet clients needs and desires in a very short notice.

President of the Atlas Group, Mr. Dusko Knezevic, on the official opening stated that the first faze of construction works started two years ago are now finished, one month pre schedule. “Project is one of the biggest in the region and is done in partnership with Capital Investment, company owned by the Royal family from UAE. I consider that this formal sale start will bring great benefit for both companies. Up till now we have received 200 requests for apartments purchase. Priority in the Atlas Capital Center is to resolve a hotel matter with one of the great hotel chains and to find up to three big tenants. We expect to announce their names in next 3 months, and in second half of 2010 to make an official grand opening. Together with our partners from Capital Investment we designed the Atlas Capital Center as a modern facility, which will make Podgorica a recognizable Mediterranean Capital. A small part of it you can see in the facility where we stand here today, it is a model of one of the apartments in its natural size – stated Mr. Knezevic.

General Manager of Capital Investment, Ali Almansuri, stated that his desire is for Atlas Capital Center to be one of the best projects in the region and he is very pleased that everything is being done in planed time schedule. “I am thankful to all participants in this construction which we obliged to finish next year”- stated Mr. Almansuri.

Mayer Miomir Mugosa stated that construction of a project like Atlas Capital Center in time of crisis means a lot. “We will wait for your decision concerning several locations we negotiated for some time already and we are ready to start their realization at any time. We shall see when will the hotel jigsaw be solved, as it is good for the main players to be in our premises.

Atlas Group and Capital Investments at the end wished to all that the next meeting should be in several months in the same place, when this facility will shine with doors wide open.

Dusko Knezevic President of Atlas Group, Ali Almansuri General Director of Capital Investments, Milomir Mugosa Podgorica Mayer

 

Dusko Knezevic President of Atlas Group is speaking to attendants during the Atlas Capital Center Mock Up opening.

 

Ali Almansuri General Director of Capital Investments Group is speaking to attendants during the Atlas Capital Center Mock Up opening.

 

Milomir Mugosa Podgorica Mayer is speaking to attendants during the Atlas Capital Center Mock Up opening.

 

Open agency CENTURY 21 Capital Real Estate to represent Atlas Capital Center, from left to right Director Aleksandra Golubovic and sales manager.

 

During the opening all attendants were cheered up by voice of Merima Njegomir

 

Press conference was held today at Avala Resorts & Villas hotel, regarding the visit of Pamela Anderson to Montenegro and Atlas Group.

„Atlas Group has been promoting Montenegro and the region by doing business people throughout the world, such as Al Nahijan Royal family from Abu Dhabi, Philip Kotler and Vitali Klitschko. The business relationship with Ms. Pamela Anderson is very significant and is a begining of cooperation on Atlas Capital Center and Meljine Spa projects, which Ms. Anderson had the opportunity to visit. Visits and cooperation with celebrities is not important only for promotion of Atlas Group but for national promotion of Montenegro too“ said Djordje Djuric, Atlas Group director.

„There were several occasions where I have heard from my business partners that Montenegro offers excellent investment opportunities and that my client, Pamela Anderson, should get involved. We were lucky to meet Atlas Group through mutual friends from Abu Dhabi, so Pamela asked me to personally visit Montenegro in February and confirm the quality of Atlas Group and Montenegro. As previously announced in February, Pamela came to visit Montenegro and to consider all business cooperation possibilities. I would like to thank Mr. Knezevic and Atlas Group for having our visits perfectly organized, as well as for great business cooperation and hospitality“ Peter Usher, Pamela Anderson’s manager said.

„It is my pleasure to announce that our official cooperation started today as I opened a banking account in Atlas Mont Bank. The first transaction will be a $10.000 donation to the Orphanage Center in Bijela. As you know, my manager had previously visited Montenegro and, as one very skeptical Englishman who rarely gives compliments, returned with very favorable impressions. We have decided that this is a country in which we are anxious to invest in for the future.

Peter’s enthusiasm convinced me that I had to visit Montenegro personally. His words did not do the beauty of this country justice. Yesterday I spent the whole day visiting many locations as I could manage and spoke to Mr. Knezevic and the people from Atlas Group. During these visits I have seen Atlas Capital Center and a outstanding mock up apartment of ACC. While cruising on the Adriatic sea I also saw a beautiful place, Przno, where Atlas Group will build apartments. I would like to have a place there.

We also spent a long time exploring the site of the spa at Meljine, which I believe is going to be an extraordinary and world-class institution. We have agreed to enter into a series of meetings to explore the possibility of collaborating on this project from both a creative and a business perspective. I have long had a visino of the kind of spa I believe the world needs, incorporating my ideas about lifestyle and the arts as well as natural good health and I am hoping that Meljine and Atlas may provide the vehicle for this vision. One of my other business priorities is the international launch next year of my fragnance and product line “Malibu by Pamela” which premieres in the US ina a couple of months and I am hoping we can ties this all together. These meetings will begin at once.

After the press conference, Ms. Anderson, accompanied by Mr. Dusko Knezevic the President of Atlas Group, posed for the reporters with her new Atlas Mont Bank banking card.

Since Atlas TV celebrates its birthday, the conference was broadcasted live via satellite and regular Atlas TV channels

Atlas Group has officially confirmed today that Pamela Anderson, a Hollywood star, is coming to Podgorica on Monday, July 13th.

Peter Asher, Pamela’s manager, visited Montenegro few months ago, and returned to Los Angeles with positive impressions.  His conclusion was that this beautiful country should be visited as soon as possible.

Since Pamela promotes a healthy life and ecologically clean environment, she became very interested in two Atlas Group projects: Atlas Capital Center in Podgorica and medical and SPA center in Meljine.  Considering locations and construction style of Atlas Group projects, which respect not only organic but also ecological building principles, and after her manager visited Montenegro, Miss Anderson has decided to personally see the quality of these projects and their natural surroundings.  From her manager’s reports, Pamela Anderson has concluded that Atlas Group projects are exactly what she is looking for in real estate business.

Initially, Miss Anderson has heard of Atlas Group and its business in February this year in Abu Dhabi from her business partners.  Immediately and without any hesitation, she accepted the invitation from Mr. Dusko Knezevic, the president of Atlas Group.

Atlas Group, through the way of doing business and its international presence, projects a real picture to the world about the region and business possibilities which this country can offer to the potential investors.  Business cooperation with Pamela Anderson is only one of the ways to show that good business practice has no limits.

Hollywood star Pamela Anderson has officially confirmed yesterday in Los Angeles that she will visit Atlas Group mid-July, as per previous announcements. Since Pamela promotes a healthy life and ecologically clean environment, she became very interested in two Atlas Group projects: Atlas Capital Center in Podgorica and medical and SPA center in Meljine.  The location and construction style of these projects respect not only organic but also ecological building principles.

“When my business partners from Abu Dhabi first mentioned Montenegro and business of Atlas Group, it sounded fantastic.  Country with such beauty and fascinating history captured my interest immediately.  I have heard that Montenegro is country which respects ecological principles which I strongly support.  Since I love to combine my interests my professions often overlap, being an actress and an entrepreneur. Combination of my interests brings me good business opportunities.  Real estate is only one of the projects I am involved in.

Everything I heard and read about this country fascinated me, so I accepted without any hesitation the invitation of Mr. Dusko Knezevic, the president of Atlas Group, to visit Montenegro and explore options of investing in Atlas Capital Center and medical and SPA center in Meljine.  At the moment, all my money is invested in real estate and I consider it to be a smart move.  For some time now, I have been looking for a location on which I could realize my dream project: medical and SPA center which respects values I believe in: ecological principles, healthy environment and organic food.  The project would not interfere with the natural environment it is situated in.  Further, it would offer enjoyment in art, music, modern design and excellent entertainment.  All those things are extremely important for our life!

My manager, Peter Asher, visited Montenegro few months ago, and returned with excellent impressions and with a conclusion that this beautiful country should be visited as soon as possible.  I believe that Atlas Group projects are exactly what I am looking for.  I am excited about the visit and about the fact that I will fulfill my dream. We have already started the process of opening bank account in Montenegro and are very optimistically entering business cooperation with Atlas Group and their partners.  I am very excited” said in Los Angeles American actress Pamela Anderson.

Meljine

In the past several years Atlas Group has expanded its activities and its presence internationally, not only through its member companies but also through prominent business partners in Montenegro, Serbia, Croatia, Slovenia, Russia, United Arab Emirates, Australia, Greece and Cyprus.  Business cooperation with Pamela Anderson is only one of the ways to show that good business practice has no limits.

Clients of the Invest Bank of Montenegro have gotten an opportunity to take part in trading on the global financial markets, currencies (Forex) at first, and very soon after other markets including stocks, commodities, derivatives and other securities. Furthermore, in a month or two, IBM clients will be able to trade on domestic (Montenegro) as well as other markets in the region.

Online trading, we believe, will be playing a special role in domestic economy by attracting direct foreign investments while giving an opportunity for local investors to trade the foreign markets.

In this revolutionary venture for this country and the region, IBM has teamed up with ODL Securities, a broker dealer company - one of the two biggest foreign exchange players in Great Britain - which provides a technical support for IBM.

IBM clients who possess a foreign exchange account with the bank as well as the new ones who are interested in online trading need to open an investment account in order for them to trade directly on the IBM Trader platform in real time.

For more information on how to open an account please visit web page E-trading.