Azmont Investments D.O.O. (Montenegro)

Azmont Investments D.O.O. is a Montenegro based investment and development company established in 2012 and backed by Azerbaijan Global Investments. The company is best known as the developer and long term investor behind Portonovi, a large scale luxury mixed use resort on the Adriatic coast in Herceg Novi. Its main business segments comprise real estate development, high end residential and hospitality projects, marina and waterfront infrastructure, and long term asset management of the developed resort. Portonovi, with a planned investment value of several hundred million euro, is conceived as an integrated destination including luxury and branded residences, five star hotels, a world class marina for yachts, wellness and spa facilities, retail and dining areas and other leisure and community amenities, developed in phases over a multi year horizon. Azmont Investments is responsible for land preparation, construction of infrastructure and buildings, sales and marketing of residential units, leasing and operation of commercial and hospitality facilities and long term maintenance of the destination. Geographically, the company is focused on Montenegro, where Portonovi represents one of the largest foreign greenfield investments outside the energy sector, while Montenegro serves as a reference market for its resort development expertise. Key assets include long term land lease and development rights on a strategically positioned coastal area in the Bay of Kotor, the Portonovi brand, built and planned residential and hospitality inventory, marina and supporting infrastructure and integration into the broader investment network of its Azerbaijani parent. Strategically, Azmont Investments D.O.O. positions itself as a long term strategic investor in Montenegrin tourism and real estate, aiming to create a benchmark luxury seaside destination that will attract international clientele, contribute to the diversification of the economy and support Montenegro's positioning as an upscale tourism and second home market.