Bank Austria Creditanstalt (BA-CA), responsible for commercial banking activities Central and Eastern Europe within UniCredit Group, opened a representative office in Montenegro. BA-CA gives local companies access to international markets and makes the network and the full expertise of UniCredit Group available to these companies. On the other hand, the bank will accompany international investors planning to expand into Montenegro.
The young state at the Adriatic sea has around 700,000 inhabitants. The representative office of BA-CA is located in the capital Podgorica, the economic centre of the country. The office will be headed by Milan Djordjevic. Djordjevic, 53, is working for BA-CA in different positions in the region of South-East Europe since 2001.
Milan, 27 June 2007
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