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JOURNAL PEOPLE AND CULTURE
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There is no more beautiful way to close the year than by pausing to cherish the moments that brought us closer, filling our hearts with pride, warmth, and a gentle sense of gratitude and belonging. From acts of kindness and teamwork to heartfelt gatherings, shared learning, and joyful celebrations, every story from this year reminds us how much brighter and richer life becomes when we share it with one another. As the new year approaches, we carry forward these cherished memories, laughter, and joy, stepping into the future with hearts aglow with hope, love, and the magic of the season. As we turn the page to a new chapter, let us carry this spirit of connection, gratitude, and shared joy into everything we do – inside these pages and beyond.
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CEO greetings
We would like to take a moment to reflect on the journey behind us and to sincerely thank each and every one of you for your commitment, resilience, and dedication throughout what has been a challenging year. “Guided by our strategic pillars — Customers at the Core, People for Progress, Systems for Success, and Growth for Good — and knowing that none of this would have been possible without you, who stand at the very cornerstone of everything we do, we have made important strides together. We strengthened our customer focus, expanded into new markets further north and west, reinforced our brand, remained disciplined in cost optimization and savings, enhanced quality control and assurance, embraced more digital and modern ways of working, and streamlined our processes. Over the past 20 months, we have worked side by side on a transformation journey toward our shared vision of becoming the Prime Adriatic destination. I have truly enjoyed this journey — getting to know you, learning from you, and experiencing firsthand your strong culture and spirit of collaboration. As I now prepare to hand over the leadership of Luštica Development
to Oudad, who will assume this role as of January 1st, I wish him and all of you every success and the very best for the future.”- Raphael “As I step into this role, I look forward with great anticipation to continue what Raphael has started and further advancing it together with the team, in a way that will allow Luštica Bay to fully realize its vision. Raphael has left big shoes to fill, but we remain resolute in our ambition to make this endeavor a source of pride for the country. I count on each and every one of you to help make this remarkable story even more unique and memorable. We will face and overcome many challenges together, and I very much look forward to getting to know each member of the team personally.”- Oudad Thank you all for everything you have contributed this year, and we wish you and your loved ones a healthy, successful, and fulfilling New Year.
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NLB Podgorica Millennium run This year, the NLB Podgorica Millennium Run once again united our employees in a spirit of teamwork, well-being and positive energy. Participants took on the 5 km, 10 km and 21 km courses, demonstrating perseverance, strength and camaraderie at every step. The event fostered a truly supportive and motivating atmosphere, with everyone giving their best, proudly representing the company and embodying the spirit of togetherness.
it’s priceless. I’ve always believed that stepping out of your comfort zone leads to growth, whether in work, sports, or everyday life. The organization, as always, was excellent thanks to the Multisport Academy Mayer, and the atmosphere in the city was simply incredible! It’s wonderful to see Podgorica becoming a place where people from all over the world come together to run, connect, and share positive energy.” Veselin Popović, Head of ESG
“Instead of running the usual 5 kilometers as in previous years, I decided to set up a bigger challenge for myself and took the half marathon, 21.1 kilometers. Honestly, it was demanding, but the feeling of crossing the finish line knowing you’ve pushed your own limits
The NLB Podgorica Millennium Run is more than just a sporting event, it is a celebration of collaboration, resilience and the remarkable results we can achieve when we come together.
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A season of joy, togetherness and giving back There is something truly magical about the holiday season: the warmth, laughter and sense of togetherness that fills every corner of our company. This year, our celebrations were especially meaningful, bringing together festive joy, heartfelt moments and the true spirit of giving. Our annual Holiday Brunch once again gathered colleagues around a shared table, where everyone contributed homecooked dishes prepared with love, care and a personal touch. With more than 20 dishes inspired by flavors from around the world, the brunch turned into a colorful, delicious celebration of diversity, creativity and togetherness. The food was such a hit that recipes were requested again and again, so we are delighted to share the famous Cinnamon Rolls prepared by Boško Kaluđerović, our Golf Manager, which quickly became a crowd favorite.
INGREDIENTS
INGREDIENTS
Dough 450 ml milk 100 g sugar 115 g melted butter 10.5 g dry yeast 600 g all-purpose flour 5 g baking powder 5.5 g salt
Dough Warm the milk until lukewarm, stir in the sugar and yeast, and let it sit for 5–10 minutes until foamy. Add the melted butter, then gradually incorporate the dry ingredients and knead until the dough is smooth and elastic. Cover and let it rise for 60–90 minutes.
Filling 150 g brown sugar 185 g softened butter 16.5 g cinnamon Glaze 115 g cream cheese 28.5 g melted butter 60 ml milk 15 ml vanilla extract 125 g powdered sugar
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Filling & shaping Roll out the dough, spread with butter, then sprinkle evenly with brown sugar and cinnamon. Roll tightly and cut into 3–4 cm pieces. Place on a baking tray and let rise for another 20–30 minutes. Bake Preheat the oven to 180°C (350°F) and bake for 25–30 minutes, until golden brown. Glaze: Beat the cream cheese until smooth, then add butter, milk, and vanilla. Gradually mix in powdered sugar until creamy and spread generously over the warm rolls.
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The joy didn’t stop at the table. Our Secret Santa exchange brought smiles, laughter, and thoughtful surprises, reminding us how small gestures can make a big difference and strengthen the bonds that connect us as a team. This year’s brunch was also an opportunity to give back. Through our charity initiative in collaboration with No Limit Bikers, we proudly raised €1,165 for the children of the “Mladost” Home in Bijela. Colleagues also had the chance to purchase our homemade olive oil from the October harvest, adding an extra layer of meaning and tradition to the festive season. “This year’s holiday activities were truly memorable, reflecting the warmth, generosity, and togetherness that define our company. Secret Santa added a playful and thoughtful touch that made everyone feel appreciated,” shared Đurđina Lopičić, Junior System Engineer.
“The Brunch and Secret Santa were heartwarming events, full of laughter and genuine connections. I’m grateful to be part of these traditions and look forward to creating even more shared memories while supporting meaningful causes,” added Nina Mitrović, Client Relations Coordinator. This holiday season, we celebrated not only with food, gifts, and laughter, but with a shared commitment to kindness, community and positive impact. From delicious homemade dishes to generous donations, these moments reminded us that the true spirit of the holidays lies in coming together and caring for one another. Here is to cherished memories, shared joy, and a bright, meaningful start to the New Year.
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HOMES THAT SHAPE OUR COMMUNIT Y
Real estate marketing at Luštica Bay, a 2025 recap In 2025, Luštica Bay continued to grow into a maturing town in a way that feels natural and considered, not simply through new residences, but through the lives unfolding within them. New families, new neighbours, and everyday rituals gave the community its quiet rhythm, while each neighbourhood took on new depth. Our residential launches reflected this same direction, moving away from feature-led storytelling and towards something more enduring: homes shaped by place, atmosphere, and community, allowing the destination to speak through moments, not superlatives.
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In Centrale, the introduction of Heights added a sophisticated, residential layer to the town’s pulse, offering a sanctuary for those who want to be near the energy of the streets, yet still within a peaceful retreat. Creatively, Heights was positioned as the collection of residences where daily life feels grounded, warm, and authentic, with campaign language built around small rituals such as local produce, slow mornings, and familiar paths.
Horizon has entered its second phase with deliberate intent, doubling down on its signature sense of seclusion and quiet confidence for those seeking clarity. The creative direction reinforced serenity and contemplation through soft light, open framing, and restrained tone, positioning Horizon for emotional space, not simply physical space, and reflecting a wider shift in luxury positioning where value is increasingly found in subtraction: fewer distractions, more atmosphere, more presence, less noise.
The Peaks has redefined the skyline. Through a limited collection of three-bedroom townhouses, we’ve opened new soaring views towards the Bay of Kotor, merging the prestige of golfside living with a fresh coastal perspective. Strategically, the intent was clear: communicate rarity and position The Peaks as distinct and high-value, appealing to buyers drawn to active living, exclusivity, and expansive views, while handwritten campaign notes brought the focus back to the emotional benefit: how life feels here, and why that feeling matters
Across these releases, 2025 reaffirmed that the most compelling real estate marketing is not louder, but clearer. Buyers respond to homes that feel real and grounded in place and lived experience, allowing Luštica Bay to speak with quiet confidence, without cliché or overstatement.
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Ivanka Simonović New Markting Coordinator Embracing a New Perspective and Creative Journey During her time in Sales, she gained invaluable experience that laid a strong foundation for her continued growth within Luštica Development AD. Working closely with clients allowed her to understand their habits, needs, concerns, and decision-making processes. This experience helped shape her professional identity and provided her with a well-rounded perspective on the relationship between the company and its clients.
A New Perspective, A New Dimension Two months ago, she made the transition to the Marketing Department, stepping into a role where the project is viewed through an entirely different lens. While marketing naturally complements sales, it offers a broader and deeper scope of work — a space where value is created behind the scenes, long before a client ever arrives at the project. Marketing is where emotions, motivations, and needs are identified and transformed into messages that resonate on a personal level. As she has shared, this is precisely where she found renewed inspiration.
Entering the World of Destination Marketing What excites her most about this transition is the opportunity to become part of destination marketing, a field that brings the project’s story to life through experiences, encounters and atmosphere. It blends
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creativity with the authentic representation of a destination, where every message has the power to evoke emotion and create meaningful connections with future clients. In her first months in this new role, she has come to realize that the essence of marketing is both simple and profound: understanding people and creating value that truly matters to them.
A World of Ideas Ahead For her, stepping into marketing means entering a space where psychology, communication, strategy
and creativity converge. With new challenges, fresh learning opportunities, and exciting professional experiences ahead, she embraces this journey with genuine enthusiasm and optimism. We are confident that her path in marketing will be just as successful as her journey in sales, and that she will bring fresh perspectives, new energy, and renewed inspiration to our team.
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Valentina Krivokapić New Retail Coordinator: A Professional Step Forward After Two and a Half Years in the Events Team
After two and a half inspiring years as an Event Coordinator at Luštica Bay, Valentina is beginning an exciting new chapter in her professional journey, moving from the Events team to the Retail sector. During her time in Events, she was part of a dynamic, supportive team that brought everything to life from sports tournaments to large-scale concerts. Among the many memorable projects, she especially highlights the coordination of the Vlade Divac Basketball Camp, an experience that challenged her, inspired her and brought a deep sense of professional fulfillment. Working in the Events sector allowed her to truly understand the destination and build meaningful connections with colleagues across the company. These relationships, together with Luštica Bay’s strong culture of collaboration and support, made her transi-
tion into Retail feel both natural and genuinely encouraged. Motivated by a desire to grow and explore new challenges, she reached out to HR, who recognized her potential and supported this important step forward. Beyond professional growth, her journey at Luštica Bay has been enriched by lasting friendships and a strong sense of belonging, elements that make this community feel like more than just a workplace, but a place where people truly connect and grow together. As the year draws to a close, she proudly closes one chapter and steps into the next with confidence, gratitude and excitement, thankful to continue her journey within a company that truly feels like home.
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LEADERSHIFT DEVELOPMENT PROGRAM
A shared journey of growth
In a rapidly evolving business environment, strong leadership begins with a commitment to continuous learning. In a rapidly evolving business environment, strong leadership begins with a commitment to continuous learning. The LeaderShift Development Program is a group-wide Orascom initiative designed to strengthen leadership capabilities through shared experience, reflection, and growth. Conceived as a collective learning journey, it brings leaders together to exchange perspectives, challenge established thinking and grow side by side. The program is led by Karim Abobakr, Co-Founder and Co-CEO of Mirqah- School of Management, one of the leading management education institutions in Egypt and the GCC. With over 15 years of experience working with multinational and regional organizations such as Vodafone, PepsiCo, and Samsung, Karim brings a contemporary, people-centered approach to leadership development. Structured around six practical and reflective modules, the program is built on three core pillars: Leading and Developing People, Critical and Creative Thinking, and Leading Transformation. To date, Luštica Development’s Senior Leaders have successfully completed the first two modules, marking an important milestone in this shared learning journey. Through highly interactive group sessions, participants reflected on how awareness, adaptability and trust directly influence collaboration, resilience and overall team performance. Leaders shared positive feedback on the experience. Dejan Dedić, Head of Digital Transformation highlighted how the program reinforced essential leadership principles such as behavioral awareness, mindful thinking and trust-building, noting that the Social Styles framework offered valuable insight into how adapting one’s approach can strengthen relationships and reduce tension. Aleksandar Merdović, HR Operations Manager, emphasized the program is practical impact, pointing out that the tools and frame-
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works can be immediately applied in everyday leadership, fostering reflection, adaptability and stronger team dynamics. At its core, the LeaderShift Development Program aims to cultivate leaders who lead with awareness, trust, adaptability, and purpose, while fostering a culture of continuous learning and shared responsibility. More than just a training initiative, LeaderShift represents a collective commitment to developing stronger, more conscious leaders for the future.
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One morning, across different Orascom Development destinations, people started the day the same way – meetings, deadlines, numbers. Yet beneath it all, something invisible but powerful existed. Something that shapes decisions, energy, and the way we collaborate. Culture.
Our organization has always had a strong spirit – pride, loyalty, and a willingness to give more when needed. But as we grew, cultural differences became more visible. Collaboration often remained within individual teams, and the shared direction was not always clear. Then we paused and asked an important question: Do we shape our culture consciously – or do we allow it to shape us? The answer marked the beginning of our culture transformation journey. The Culture Transformation Workshop was an intensive, two-day and highly inspiring experience that brought together people from all sectors of the company and clearly defined the values and future vision of the One Orascom culture. Through dynamic interaction between facilitators Andrea Ćetković from The Chedi Hotel and Aleksandar Merdović from Luštica Development, and participants across departments, the workshop was lively, open, and full of meaningful exchanges. Nikola Backović, Lawyer shared: “The Culture Transformation Workshop was a completely different and highly inspiring experience that went far beyond all my personal expectations. The energy and openness of all participants, together with the outstanding facilitation delivered by our colleagues Andrea and Aleksandar, made this workshop one of the most positive professional experiences to date.”
Lazar Nenezić, Senior Coordinator of Government and Community Relations added: “The atmosphere was incredibly positive and motivating – we grew closer, got to know each other better, and carried away valuable insights, experiences, and energy that we will bring into our daily work, both professionally and personally.” Change did not start with policies, but with personal choices: small shifts in behavior, the willingness to listen with understanding, taking responsibility, and being fully present – here and now. As more people got involved, the energy shifted. Teams began collaborating more openly, appreciating different styles and perspectives, and recognizing each other’s contributions. Culture gradually ceased to be an abstract concept and became visible in everyday meetings, conversations, and decisions. Today, we understand that this is a journey, not a onetime initiative. Through systems, processes, and ways of rewarding, we are gradually embedding culture into the very foundation of the company. We are building one Orascom – connected, fair, and growth-oriented. Because in the end, the results we achieve depend on the shadow we leave behind. And that shadow is shaped every day, together.
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LEARNING THROUGH PRACTICE
Excel Training in Action In a positive and engaging working atmosphere, employees had the opportunity to take part in an Excel training session that once again highlighted the importance of continuous learning and professional development. Through six well-structured modules, participants progressed from Excel basics to more advanced features that can be immediately applied in everyday work. Sharing her experience, Marija Pajčin, Senior Finance and Administration Coordinator described the ICT training as very useful and interesting, emphasizing the clear presentation of the content and the practical value of the knowledge gained. Vladica Babić, Golf & Recreation Coordinator shared a similar view, noting that the training was well organized and suitable for different skill levels, helping her work faster and with greater confidence in Excel. Such initiatives reinforce the value of investing in people and knowledge, contributing to both individual growth and the company’s continued success.
The O Star 2025 End of Year Review marked an important moment of reflection and planning for the year ahead. The process began with a self-review, allowing employees to assess their performance based on previously set goals and reflect on their achievements and growth. This was followed by one-on-one sub-reviews with managers, focused on open feedback, identifying strengths, and highlighting areas for improvement. These conversations also laid the groundwork for Learning & Development plans for 2026, ensuring continued growth and support for every team member. More than a review, O Star is a tool that encourages meaningful dialogue, continuous improvement, and future development. 20
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Breakfast with the CEO Inspiring dialogue, shared vision and fresh ideas for the future of Luštica Bay Breakfast with the CEO brought together colleagues from various departments for an open and enriching conversation about our daily work, ongoing projects, and the future direction of Luštica Bay. From the very beginning, the presence of both Raphael Krucker and Oudad Kheir created a warm, collaborative atmosphere that encouraged honest dialogue and meaningful exchange of ideas. One of the most inspiring impressions came from Aleksandra Golubović, Retail Manager, who shared: “Breakfast with our CEO was extremely inspiring. What impressed me the most was their clear vision for the company’s development and their focus on people as the key to our success. I would particularly highlight their message about the importance of collaboration, open communication, and taking responsibility. I believe their messages motivated everyone to present and guide us toward our shared goals.” Throughout the meeting, colleagues openly discussed the challenges they encounter in their roles, offering valuable insights on how to streamline processes and strengthen cooperation across departments. These conversations naturally evolved into a creative exchange of ideas aimed at enhancing Luštica Bay and elevating the client experience, with each participant
contributing from their unique professional perspective. A particularly motivating moment came during the discussion on renewable energy and recycling initiatives. Raphael and Oudad expressed genuine enthusiasm for exploring ecological solutions and shared their ambition for Luštica Bay to achieve international recognition in sustainability. Their commitment to environmental responsibility resonated strongly with the team, inspiring a shared drive to turn these ideas into concrete actions. Designer Fiorela Hidi perfectly summarized the atmosphere: “The dialogue flowed effortlessly, making the session not only productive but genuinely enjoyable. Everyone felt comfortable, heard, and encouraged, setting a positive tone for the collaborative path ahead. This breakfast truly reflected the spirit of growth and innovation that drives Luštica Bay forward.” The event reinforced the importance of unity, transparency, and shared purpose, values that continue to shape Luštica Bay’s culture and guide us toward a successful and sustainable future.
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New office in Podgorica We are pleased to announce the official opening of our new office in Podgorica, available for use. This new space marks an important step in strengthening our presence in the capital and creating improved conditions for collaboration, meetings and everyday work. Located at Svetlane Kane Radević Street, Europoint Business Center, 7th floor, the office spans 139 m² of modern, well-designed workspace. It features four offices with a total of 8–10 workstations, along with a fully 22
equipped meeting room accommodating 8–10 people. The office is available to all employees when needed and meetings can be easily scheduled via Outlook, through the calendar. With the opening of our Podgorica office, we continue to build a flexible, connected, and inspiring work environment that supports our teams and reflects the evolving ways we work.
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LUŠTICA LIFEST YLE
All the employee discounts you can’t miss Golf academy is back The Golf Academy has reopened, offering employees exclusive opportunities to enjoy the sport. A fixed Saturday session at 10:00 is reserved for staff, while employees can also join weekday Beginner Lesson I sessions, depending on their schedule. For families, children’s beginner lessons are available on Tuesdays, Wednesdays, and Thursdays at 10:00. Special rates are available for private lessons. Employees can register or request more information at +382 67 003 843 or golf@lusticabay. com. This is a wonderful opportunity for employees to improve their skills, enjoy golf, and make the most of this exclusive benefit. Get snapping!
Gym membership Staying active has never been easier for Luštica Bay employees! From 15 October 2025 to 15 April 2026, all staff at Luštica Bay, The Chedi, and Centrale Hotel can enjoy a 30% discount on all gym membership packages. To make fitness even more accessible, employees can opt to pay for the six-month membership in four monthly installments of 70 EUR, starting 15 December 2025.
The payment schedule is: 15.12.2025 – 14.01.2026 15.01.2026 – 14.02.2026 15.02.2026 – 14.03.2026 15.03.2026 – 15.04.2026
Take advantage of this exclusive employee perk – stay healthy, stay active, and make the most of your well-being!
This flexible plan lets employees enjoy all the benefits of the gym while managing payments comfortably. Please note, those choosing the installment option are required to complete all four payments to benefit from the plan.
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Java Coffee Offer Employee discount from November 1st to May 1st. Check the special offer HERE
The Chedi Hotel offers Enjoy in special The Chedi hotel Offer for our employees. Check the special offer HERE.
After Work Thursdays at Hotel Centrale and a Special Offer Available Every Day Centrale Happy Hour offer you can check HERE. Daily lunch offer check HERE.
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PINK OCTOBER
United in awareness, strength, and care As every year, Pink October reminded us of the vital importance of raising awareness about breast cancer, but also of the extraordinary power of standing together for a cause that touches so many lives. This October, the Luštica Bay community once again came together to show what true unity, compassion, and care look like in action. Our team proudly joined this year’s Race for the Cure, filling Gorica Hill with smiles, pink ribbons and an inspiring energy that could be felt by everyone around. It was a day to remember, full of laughter, encouragement and meaningful moments that reminded us how even the smallest acts of solidarity can create a lasting impact. Nikolina Babić, our Procurement Coordinator, shared how meaningful the experience felt: “The run has such a wonderful purpose, supporting women with breast cancer and spreading awareness about prevention. The energy and sense of community were incredible and seeing how small acts of solidarity can make a difference was truly inspiring. I’m proud to have been part of it.” For many, participating was also about sending a message beyond the race. Bilgena Drpljanin, LB Community Engagement and Communication Executive, reflected on the impact: “By taking part and choosing to act, we are standing beside women in their fight and spreading a message of courage, empathy, and awareness to everyone around us.” Yet, Pink October is not only about awareness, it is about action. Believing that prevention is the first and most important step toward lasting health, ten of our colleagues took a brave initiative by undergoing preventive screenings and check-ups at Milmedika Tivat. “I’m deeply grateful that this initiative was recognized. I would also like to commend the exceptional dedication of the Milmedika staff, who went above and beyond, paying attention to every detail during the examination,” said Spomenka Šotra, Project Manager. “The examination was more than just a routine checkup, it was a gentle reminder of how important it is to take time for ourselves and our health,” reflected Smiljana Jestrović, Head of Finance Operations. Their
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words serve as a beautiful reminder that prevention is not only a responsibility, but also an act of self-care and love for those who matter most to us. At Luštica Bay, we believe that every effort, whether joining a race, taking a health check, or simply encouraging someone to do the same, brings us closer to building a stronger, more caring community. Together, we continue to carry forward the message of hope, health and solidarity, because prevention today can truly save lives tomorrow.
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THE POWER OF TOGETHERNESS
How our team once again proved that humanity is our greatest value In a world that changes every day, there are moments that bring us back to what truly matters — humanity, solidarity and caring for one another. This year’s blood donation drive was exactly that kind of moment, one in which our team once again demonstrated that empathy and selflessness are deeply woven into our shared culture. Thanks to the dedication and generosity of our colleagues, we collected 40 units of blood from 60 registered donors — an achievement to be truly proud of and a powerful testament to the strength of our community. Every unit donated represents someone’s new day, a second chance, a renewed hope. And that hope came from you. The true value of this initiative lies not only in the numbers, but in the people who continuously stand behind it. As Miloš Ćetković, one of the driving forces of this initiative, shared: “For the past five years, I have been a dedicated part of this life-saving initiative, championing the cause and inspiring others to take action. Just one donation can save up to three lives, showing that our collective impact is greater than we may realize. Donating blood is the ultimate act of selflessness — a simple gesture that can save lives and give hope to those in need. One donation can save up to three lives. Our blood is more powerful than we think. Be a hero and donate blood.” — Miloš Ćetković, Transportation and Fleet Manager
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This blood donation drive reminded us that true heroes are often quiet, humble, and driven by compassion. Together, through small but meaningful actions, we continue to make a lasting difference — one donation, one life, one act of kindness at a time.
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THE ART OF HEALTHY SKIN
An educational session within the Celebrate Healthy Life initiative As part of our Celebrate Healthy Life initiative, a key element of our broader ESG strategy dedicated to promoting employee health and wellbeing, we gathered this month for another inspiring event focused on healthy lifestyle choices. In the warm and welcoming setting of the Centrale Hotel, we had the opportunity to explore one of the most essential aspects of daily selfcare: proper skin health.
An Inspiring Session That Reminded Us of the Importance of Self-Care Our special guest, Dr. Stefan Martinović from the LB Ambulance, delivered an engaging presentation titled “The Art of Healthy Skin – A Modern Approach to Skincare and Aesthetic Treatments.” Through a relaxed and interactive discussion, he reminded us of the basics of skin types, the importance of personalized routines and, perhaps most importantly, helped us distinguish between what truly works in skincare and what is simply a marketing trend. Participants especially appreciated the practical advice, clear explanations of key ingredients, and guidance on how to recognize quality products. In the second part of the session, Dr. Martinović also addressed aesthetic treatments, explaining in a simple and responsible way who they are suitable for, when they can be beneficial, and why realistic expectations and professional supervision are essential.
The value of the session was reflected in the impressions shared by our colleagues: “The Celebrate Healthy Life initiative feels genuinely meaningful. These workshops create a nice pause from everyday work and bring focus back to topics that are close to our daily lives, but often easy to overlook. It was especially nice to see that the doctor leading the session is part of our team, which says a lot about a community built on professionalism, excellence, and real care for its people.” Maja Petrović, Marketing Executive–Real Estate “We recently had a wonderful and useful opportunity, organized by Luštica Bay, to attend Dr. Stefan Martinović’s lecture on proper skin care and aesthetic treatments. In a pleasant atmosphere, he shared practical tips, recommended proven ingredients, and openly explained what truly works in skincare and what is mostly a marketing trick — something we all found extremely valuable. Judging by the impressions of our colleagues, we are quite sure Dr. Martinović has gained a few future patients as well.” — Monika Đonović, Learning and Development Coordinator from Centrale Lustica Bay by Angsana Educational gatherings like this continue to inspire us, strengthen our sense of community, and reaffirm our commitment to wellbeing — and we truly look forward to many more in the future.
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Through the Luštica Bay employees glasses “No matter where you explore the Dolomites, by foot or on two wheels, you can’t go wrong. Don’t miss the stunning lakes Lago di Braies, Lago di Misurina, and Lago di Sorapis, along with iconic peaks like Tre Cime di Lavaredo and the Vajolet Towers.” Ivan Drobnjak, Asset & Procurement Manager, Dolomites, Italy
“Traveling to Hawaii is a rare experience where dramatic volcanoes, turquoise ocean, and the relaxed surfer lifestyle redefine what it means to truly unwind, awakening a deep sense of calm.” Danilo Novaković, Project Manager, Hawai, United States
“Tenerife boasts the stunning Mount Teide National Park, the dramatic Los Gigantes cliffs, and the beautiful beaches of Costa Adeje and El Médano. Oman, on the other hand, shines with the vibrant city of Muscat, the vast Wahiba Sands desert, the historic city of Nizwa, and, of course, the breathtaking Hawana Salalah.” Uroš Bošković, Property Advisor, Tenerife, Spain; Valencia, Spain, Salalah, Oman
Among the must-see spots are the Acropolis for a glimpse into ancient history, the charming streets of Plaka for cafés and strolls, Anafiotika for its island-like feel, and Mount Lycabettus for breathtaking sunset views over Athens.“ Nina Mitrović, Client Relations Coordinator, Athens, Greece 32
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Our Power of One Winners Enjoy an Unforgettable Egyptian Adventure Our Power of One winners recently had the incredible opportunity to enjoy their well-deserved rewards with an unforgettable journey to Egypt. While many explored the stunning El Gouna resort, some also experienced the vibrant energy of Cairo, immersing themselves in the rich culture and history of this fascinating country.
like these show that commitment and teamwork never go unnoticed, and experiences like this create memories that will last a lifetime.
“I am truly honored and happy to receive recognition at the company level. Being able to see where it all began made this experience even more special. I’m grateful for the trust and support,” shared Milica Katić, Office Administrator. Ivan Andrović, Sales Coordinator, echoed this excitement: “I am incredibly grateful to have won the company prize trip to the El Gouna resort, it truly means so much to me. Thank you for this amazing opportunity and for recognizing my hard work with such a memorable experience.” For all participants, the trip was a heartfelt reminder that dedication and effort are recognized not only within Lustica Bay but also at the ODH level. Moments
“I feel honored and grateful to be part of such an inspiring company,” Dragana Roćenović, HR Coordinator.
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A NIGHT TO REMEMBER
End of Year Celebration 2025 On 17 December 2025, we came together to celebrate the end of a remarkable year in style. This End of Year Party was hosted at the stunning Hotel Centrale, and we had the pleasure of sharing the evening with family from The Chedi Hotel, Mamula Island by Banyan Tree and Centrale Lustica Bay by Angsana. The theme of the evening, “Be Creative,” truly came to life. Our colleagues felt inspired and embraced the spirit of the night, showcasing their imagination, originality, and vibrant energy in a way that made the celebration even more special.
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It was truly a night to remember, filled with laughter, music and joyful moments that reflected the spirit and energy of our teams. Together, we bid farewell to a year marked by achievements, milestones and hard work, celebrating in the most memorable way. The evening was a beautiful reminder that our successes are built not only on dedication, but also on the connections and camaraderie that make working together so rewarding.
LUŠTICA BAY JOURNAL
WINTER EDITION
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LUŠTICA BAY JOURNAL
WINTER EDITION
As we turn the page to a new chapter, let us carry this spirit of connection, gratitude, and shared joy into everything we do – inside these pages and beyond. 36
LUŠTICA BAY JOURNAL
WINTER EDITION
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LUŠTICA BAY JOURNAL
WINTER EDITION
Contributors: Copywriting Dragana Roćenović, Olga Radović | Design Jovana Delać | Photography Roman Ilchenko, Edin Čikić, Ema Radončić | Editors Dragana Roćenović A HEARTFELT THANK YOU TO ALL COLLEAGUES WHO MADE THIS EDITION OF THE JOURNAL POSSIBLE THROUGH THEIR CONTRIBUTIONS, STORIES, AND SUPPORT. 38