• nedjelja, 20 jul 2025

Management building Radoje Dakic Company not going to be sold?

Management building Radoje Dakic Company not going to be sold?
Podgorica, (Montena-business)- “The Holding Company “Radoje Dakic” will not sell it’s Management Building, in order to pay the debt of DEM 585,000 to the Intermerkur AG company from Zurich, but we will start negotiations next week” said Radomir Vukasojevic, the director of Radoje Dakic. According to Vukasojevic, the company recently had a contact with the Intermerkur AG and they agreed to start negotiations about the debt paying during next week. “The Management Building will not be sold, and there are many ways to solve this problem, such as to give office space to Intermerkur AG” said Vukasojevic to Montena-business, not rejecting a possibility that the Government will pay off the debt. The Intermerkur AG indicted for the first time in 1993 the Radoje Dakic Company at the Local Court in Podgorica, for not paying the goods delivered by Intermerkur AG. The Radoje Dakic Company bought the parts for machines, from the foreign company, at the price of DEM 360,000. From 1 July 1993 to 13 March 2001, when trial was finished, the interest rate on this debt is more than DEM 43,000. The market value of the Management Building, according to the estimation of the Court’s expert, is above DEM 667,000. The Intermerkur AG indicted the company from Podgorica, because of their giving up already ordered goods, and asked for damage paying of more than DEM 202,000, with 12% of annual interest rate. After that, at 26 December 1994, the Radoje Dakic Company and the Intemerkur AG agreed to a settlement, which obliged RD to pay above DEM 404,000 to Intermerkur AG, in the period of six months, after the official termination of sanctions on Montenegro. It was agreed the annual interest rate of 12% on that amount, which should have been counted after the termination of sanctions. The companies agreed that RD pay off the debt by delivering the machines to the Intermerkur AG, which was the reason that Intermerkur AG cancelled the indictment for the debt of more than DEM 585,000. RD didn’t fulfil, willingly, this obligation towards the Intermerkur AG. It caused new complaint of the Intermerkur AG to the Economic Court in Podgorica, which resulted in the Court’s decision that Intermerkur AG has the right to block RD’s giro-account, in order to collect the claim. As other debtors have already blocked the giro-account, Intermerkur AG proposed, four years later to the Business Court in Podgorica, that selling the RD’s Management Building should collect the debt. 13 March 2001, the Business Court approved the proposal of the Intermerkur AG, and after that the case was given to the Local Court in Podgorica.