22.5 C
Herceg Novi
Friday, July 26, 2024
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Three cruise ships dock in Bay today with 5,400 passengers

Today, the bay is bustling with activity as three cruise ships have docked, bringing a total of 5,400 passengers. The Queen Victoria arrived this morning...

Montenegro sees 12% increase in fixed asset investments to €919 million in 2023

Preliminary data from Monstat reveals that Montenegro's investments in fixed assets reached €919 million last year, reflecting a 12% increase from 2022. The data indicates...

“Europe Now 2” tax reform program: Key details unveiled

Milena Milović, the Prime Minister's advisor on economic policy, has detailed the main features of the "Europe Now 2" tax reform program, which includes...

HPP Perućica maintenance: Intake system draining scheduled; public safety notice issued

In preparation for the maintenance of the Perućica Hydroelectric Plant (HPP), Elektroprivreda (EPCG) announced that the diversion system in Nikšić Field will be drained...

EPCG finalizes lease deal with Swiss 8B Capital for Nikšić Steelworks

Elektroprivreda Crne Gore (EPCG) has officially signed a lease agreement with the Swiss company 8B Capital for the production facilities of the Nikšić Steelworks....
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Energy Costs for Manufacturing in Energy-Intensive Industries: A Competitive Factor for Nearshoring to Montenegro

The manufacturing sector, especially energy-intensive industries, constantly seeks ways to optimize operating costs for sustained viability and competitiveness. One crucial determinant of manufacturing cost...

Montenegro’s potential in relation to the EU Carbon Border Adjustment Mechanism (CBAM) and its suitability as a nearshoring hub for energy-intensive industries

Montenegro and the EU Carbon Border Adjustment Mechanism (CBAM): 1. Economic Implications: Montenegro's economy heavily relies on energy-intensive industries such as aluminum production, steel, and...

Exploring the Investment Potential of Eco-Tourism in Montenegro: A Year-Round Luxury Market for International Eco Visitors

Montenegro, with its stunning natural landscapes and commitment to sustainable development, presents significant investment potential in the field of eco-tourism. Elevatepr.me delves into the...
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Montenegro sees 12% increase in fixed asset investments to €919 million in 2023

Preliminary data from Monstat reveals that Montenegro's investments in fixed assets reached €919 million last year, reflecting a 12% increase from 2022. The data indicates...

Montenegro’s new VAT proposal raises alarm among hotel operators

Montenegrin hoteliers are facing significant concerns as most have already sold their packages for the upcoming year, assuming a 7% VAT rate on accommodation....

Montenegro’s business climate shows modest improvement, remains challenging

A recent survey by the Chamber of Commerce (PKCG) reveals that Montenegro’s overall business environment remains moderately unfavorable, showing little change from the previous...

Monteput issues tender for concept design of Bar–Ulcinj–Sukobin highway segment

Monteput has issued a tender for the development of a conceptual design for the Bar – Ulcinj – Sukobin section of the Adriatic-Ionian Highway. According...

FDI inflows in Montenegro up 9.66% in May, totaling €364.81 million

According to preliminary data from the Central Bank (CBCG), the total inflow of Foreign Direct Investments (FDI) reached €364.81 million by the end of...
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