29.4 C
Herceg Novi
Monday, June 24, 2024
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Žabljak tourism chief optimistic about promising summer season ahead

Stojan Abazović, the president of the Tourist Organization (TO) of Žabljak, announced that this summer is looking promising based on early reservations and bookings....

CGES announces €10 million dividend from €35.7 million annual profit

CGES has announced plans to distribute a dividend of €10 million to its shareholders, sourced from a total profit of €35.7 million earned in...

Strengthening Montenegro’s tourism: Investing in enhanced air connectivity

The government, in a telephone session, has approved the National Tourist Organization (NTO) to allocate €510,000 from its account for incentive measures aimed at...

Montenegro’s Telekom leads in 5G technology advancement

Montenegrin Telekom has positioned itself as the undisputed leader in 5G technology in Montenegro, while at the EU and Deutsche Telekom levels, Montenegro has...

Montenegro’s May payment transactions: Trends and system performance overview

In May, the total value of executed payment transactions over 19 working days amounted to 1.75 billion EUR, showing a decrease of 27% compared...
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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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Strengthening Montenegro’s tourism: Investing in enhanced air connectivity

The government, in a telephone session, has approved the National Tourist Organization (NTO) to allocate €510,000 from its account for incentive measures aimed at...

Montenegro advances EBRD-financed substation project: State guarantee classified as non-aid

The draft loan agreement between Montenegrin Transmission System (CGES) and the European Bank for Reconstruction and Development (EBRD), proposing a state guarantee of 28...

Examining the trends in Montenegro’s foreign direct investment for March 2023

At the end of March, total foreign direct investment (FDI) inflows amounted to EUR 208.81 million, while outflows from the country totaled EUR 91.26...

Tourism Organization (TO) Bar reports 30% increase in guests on Bar riviera compared to last year

As of Thursday's count, there are currently 7,525 registered guests on the Bar Riviera, marking a notable increase from the previous year. Hotels accommodate...

Bar’s tourism surge: €200 million investment to create 1,000 jobs and upgrade infrastructure

In Bar, significant investments amounting to nearly 200 million euros are currently underway or planned, focusing on expanding hotel capacities and boosting employment by...
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