Luka Bar A.D. (Montenegro)

Located at the entrance to the Adriatic Sea, specifically at 42°05' north latitude and 19°05' east longitude, at a distance of 976 nautical miles (nm) to the Suez Canal and 1190nm to Gibraltar, Luka Bar has significant comparative advantages over ports in the Northern Adriatic, reducing transit time and creating cost savings in maritime transport. 1. QUALITY CONNECTION TO THE HINTERLAND Integrated with the Belgrade-Bar railway and the road network, the port represents a significant link in the intermodal transport chain. 2. ACCESS TO THE BALKAN AND CENTRAL EUROPE MARKETS 3. FLEXIBLE LEGAL REGULATIONS AND SIMPLE BUSINESS PROCEDURES The legal framework and business procedures in the port are designed to eliminate business barriers and create conditions for successful operations. 4. LONG EXPERIENCE IN BUSINESS AND CONSTANT PRESENCE IN THE HINTERLAND MARKET Established in 1906, Luka Bar has been gaining necessary business experience and building partnerships with its clients for over a century, ensuring a constant presence in the market. 5. FREE ZONE REGIME ON THE ENTIRE TERRITORY According to the decision of the Government of Montenegro from March 2000, the Free Zone Luka Bar covers the entire port area, and "Luka Bar" AD has the authorization as a free zone operator for the area of the joint-stock company "Container Terminal and General Cargo". The total area of both companies' territories where business can be conducted in the free zone regime is over 130 hectares. 6. COMPETITIVE PRICING POLICY Applying the principles of cost efficiency and modern management concepts, a balanced and competitive pricing policy has been created, enabling the achievement of the set goal - customer satisfaction with our services. 7. APPLICATION OF INTERNATIONAL MARITIME SECURITY STANDARDS, AS WELL AS QUALITY STANDARDS By obtaining the ISPS Certificate from the Ministry of Transport and Maritime Affairs, and based on the recommendation of the International Maritime Organization (IMO), which addresses the safety of ships in ports, as well as port capacities, Luka Bar has confirmed its readiness for the safe reception of ships and cargo handling. Luka Bar implements, develops, and improves the Quality Management System, resulting in the professionalism and responsibility of its employees. For its operations, in accordance with the international standard ISO 9001, the renowned Swiss certification organization SGS has awarded Luka Bar the ISO 9001:2008 certificate for the Development and Provision of Port Transport Services and Space Management.