Prime Minister Igor Luksic told MINA-Business that Montenegro will finalize discussions with interested parties for the sale of Kombinat Aluminijuma Podgorica A.D. (KAP) by the end of 2012. Last week, Vladimir Kavaric, Economy Minister said that the government was close to receiving two bids from Hamburger Getreide-Lagerhaus AG and Toscelik Profil Ve Sac Endustrisi A S for the acquisition of KAP. KAP might be shut down due to huge unpaid debt.

The government cancelled the privatization deal with En+ Group Ltd. and now it is again looking for a new investor.