# Business debt and asset liquidation in Balkans > Live situation record from CLSTR: https://clstr.news/situations/business-debt-and-asset-liquidation-in-balkans > Updated: 2026-09-10T05:49:38.000Z. Sources: 11. Developments: 2. Business entities in Montenegro and Bosnia and Herzegovina are facing significant financial distress, characterized by debt settlements, asset auctions, and restructuring efforts. In Montenegro, Hotel Plaža in Herceg Novi is scheduled for a public auction on September 14 to settle claims from creditors including the Municipality of Herceg Novi and CKB Bank. The property is valued at approximately 30.7 million euros. Separately, Aquaterra solutions is facing blocked accounts exceeding 2.5 million euros due to a dispute with the Municipality of Budva over unpaid lease payments. While the municipality seeks to sell the company’s equipment to recover rent, the assets are valued at only 648,000 euros. In Bosnia and Herzegovina, Roccaforte d.o.o. Vitez has announced the sale of its movable assets via closed bids in Travnik to address bankruptcy proceedings. Meanwhile, the retail company Boska is attempting to restructure its debt by seeking a 5.3 million KM loan to transition to a fixed interest rate, proposing to mortgage a business building in Banja Luka valued at approximately 43.06 million KM. ## Timeline ### 2026-09-10: Boska seeks debt restructuring while Aquaterra solutions faces asset sale Boska seeks a 5.3 million KM loan in Bosnia to restructure debt using its Banja Luka property as collateral, while Aquaterra solutions faces asset liquidation in Montenegro over unpaid leases. 3 sources. https://clstr.news/cluster/boska-seeks-debt-restructuring-while-aquaterra-solutions-faces-asset-sale ### 2026-09-08: Hotel Plaža and Roccaforte assets face auction in Montenegro and Bosnia Major asset liquidations are underway in the Balkans, including the 30.7 million euro auction of Hotel Plaža in Montenegro and the sale of Roccaforte's assets in Bosnia and Herzegovina. 8 sources. https://clstr.news/cluster/hotel-plaa-and-roccaforte-assets-face-auction-in-montenegro-and-bosnia --- Cite as: Business debt and asset liquidation in Balkans. CLSTR, https://clstr.news/situations/business-debt-and-asset-liquidation-in-balkans