Brought to you by: Monaco Life
The Mairie and municipal sites have released their programme for the upcoming European Heritage Day celebrations, opening their doors to the public completely free of charge.
Photo source: Mairie de Monaco
AS Monaco grabbed an unlikely victory in dramatic circumstances against PSV Eindhoven, thanks to a last-gasp winner.
Formula 1’s ‘digital first’ strategy has successfully driven up the popularity of the sport, engaging a new generation of racing fans and pulling in more female supporters.
We speak to Cecil Wright and Partners Director Henry Smith about the benefits of being a small brokerage, why the focus on Feadship, and the growing demand for sailing yachts.
New to the next Monaco Yacht Show will be the launch of an emissions-free superyacht design by 3Deluxe, which will be up for sale as an NFT (non-fungible token).
A building company registered in Monaco has ceased trading, leaving many clients out of pocket and very angry. JP Construction, registered at 20 blvd. Princesse Charlotte, as a Societe a Responsibilite Limitee, has laid off its workforce of about 100, many of them Polish, and no-one is working at the office it shares with another business after the company's secretary left after having to face several angry clients.
One customer wrote on a local blog: "We cannot reach anybody from the company. PLEASE HELP, we are desperate. We have lost a lot of money!!!" The company was run by John Olsen, and in May last year he was joined as a director by Peer Pedersen, according to an entry in Monaco's official Journal on August 31, 2012. The fact that the company had capital of 15,000 euros means that creditors will not be able to claim for more than a fraction of the sums they are owed, which could run into several hundred thousand euros. The company had advertised extensively on a local radio staion. According to reports in the French Press and court papers, Mr Olsen was involved in the running of at least two construction companies in France that were wound up owing substantial sums to clients. The fact that down-payments for construction work is normal practice in the building trade makes clients particularly vulnerable when a building company goes bust. Today, no-one was answering the listed telephone at JP Construction (06 03 72 20 34) and emails were not being answered. A reliable source close to the affair told me that the two directors were today doing the necessary paperwork to wind up the company. It appears that many of its clients were Monaco residents with second properties in France.