At an exclusive event held in Budva, attended by numerous partners, collaborators, and real estate agents, ALK Group presented its achievements to date, current projects, and ambitious plans for the future, reaffirming its position as one of the leading investors and developers in the region.
The evening was dedicated to strengthening partnerships, exchanging ideas, and introducing new investments in Montenegro and Serbia, with a clear message that the success achieved so far is only the beginning. As highlighted at the event, ALK Group plans to triple its total built area over the next ten years, continuing its strong regional expansion. Special emphasis was placed on cooperation with real estate agents through the presentation of a motivating rewards program designed to recognize top sales performance.
With more than 40 years of experience, ALK Group boasts an impressive portfolio of over 20 million square meters of developed properties across Russia, Montenegro, and Serbia. The company has grown into an international investor and developer, recognized for delivering complex, high-quality projects in the residential, hospitality, and commercial sectors. Founded by Numan Bajramović, who established ALK Group as one of the dominant construction and investment companies in the Russian market, the company was built on a vision focused on quality, reliability, and long-term value. Today, ALK Group is led by his son, Adnan Bajramović, who continues the family legacy while introducing a modern management approach aligned with international standards and strategic business expansion.
In Russia, ALK Group is behind several large-scale and prestigious projects, most notably the Olympic Village in Sochi and the luxury Grand Cascade Hotel, which was recently awarded by the Krasnodar Krai regional administration. These projects further reinforce the company’s reputation for delivering complex and high-quality developments.
Under the leadership of Adnan Bajramović, ALK Group successfully completed and delivered projects in Novi Pazar and Bečići over the past year, both ahead of schedule, once again demonstrating its commitment to quality, precise planning, and meeting investment deadlines. Numerous prestigious hotel and residential developments are currently under construction across the region.
One of ALK Group’s key projects in Montenegro is the Radisson Blu Hotel in Tivat, scheduled for completion by the end of the year. This luxury property combines contemporary design, high construction standards, and services aligned with the requirements of an international hotel brand. Its attractive location, offering panoramic views of the Bay of Kotor, makes it highly appealing to both tourists and business travelers, while also contributing to the development of the local community and tourism infrastructure.
Particular attention is also drawn to the President Hotel in Budva, which will soon be transformed into a Radisson Collection Hotel, the most prestigious and luxurious project developed by ALK Group in the region. The rebranding includes a comprehensive upgrade of the property, with a strong focus on luxury, comfort, and an exclusive guest experience, further strengthening the presence of global hotel brands in the Montenegrin market.
ALK Group has also achieved notable results in the residential and commercial real estate segment. Over the past year in Montenegro, approximately 4,000 square meters were sold, with a total value of €18.2 million, while across the Group, including Serbia and Russia, sales reached 42,000 square meters. In Serbia, ALK Group is developing projects in Palić, Zlatibor, and Pančevo, with upcoming developments in Belgrade, focusing on contemporary architecture, functional design, and long-term value for investors and local communities.
These strong results and continuous growth were key reasons why the central focus of the Budva event was placed on the company’s agents and partners, who represent a vital part of its sales strategy. On this occasion, an innovative incentive system was introduced, designed to recognize and further motivate outstanding sales achievements. The top three agents with the highest annual sales will receive valuable prizes, while the main award, a Mercedes E-Class, will be granted to the agent who achieves sales of at least €3 million. This approach clearly demonstrates the company’s commitment to building loyal partnerships, supporting professional growth, and creating a stimulating business environment.
Set in an elegant atmosphere with cocktails and music, guests had the opportunity to exchange experiences, discuss market trends, and learn more about the company’s upcoming projects. The evening was further enriched by a prize draw, featuring dinner and an overnight stay at the Splendido restaurant and hotel, as well as discounts of 2%, 5%, and 10% on selected properties. This segment of the program provided an ideal opportunity for networking and strengthening professional relationships in a relaxed and welcoming setting.
The Budva event clearly demonstrated that, beyond developing properties, ALK Group is equally committed to building long-term relationships with its partners and clients. Through a combination of experience, ambitious projects, and a clear development vision, the company continues to strengthen its position as a market leader in Montenegro, Serbia, and the wider region, with a strong focus on future growth and international standards.
