25.5 C
Herceg Novi
Monday, September 9, 2024
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Port of Bar reports 17% rise in cargo throughput for first half of 2024

In the first half of the year, the Port of Bar handled a total of 914,820 tons of cargo, marking a 17% increase compared...

Pensions will remain secure and may increase

Vladimir Drobnjak, the Acting Director of the Pension and Disability Insurance Fund (PIO), assured that pensions will remain secure and could potentially increase. Despite...

Montenegro Stock Exchange experiences growth in index and trade volume following new budget laws

This week on the Montenegro Stock Exchange, a modest rise in the index and a notable increase in trade volume were observed. This activity...

Montenegrin tourism struggles with new VAT increase: Industry leaders react

The recent decision by the Montenegrin Parliament to increase VAT on the tourism sector from seven to 15 percent has raised significant concerns among...

Montenegro sees 80% surge in gambling revenue, reaching €18 million in seven months

Montenegro's revenue from gambling and games of chance reached approximately €18 million in the first seven months of the year, representing an 80% increase...
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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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Karisma Hotels & Resorts unveils luxury “Porta Rai” project in Ulcinj

The luxury beachfront hotel-residential complex "Porta Rai", being developed in Ulcinj, was officially unveiled in Podgorica this evening. The event was attended by numerous...

Ulcinj seeks feasibility study for new port development at Liman Bay

The Municipality of Ulcinj is planning to construct a port at Liman and has announced a tender for a feasibility study, which will include...

S&P upgrades Montenegro’s credit rating to B+ with stable outlook

Standard & Poor’s (S&P) has raised Montenegro's credit rating from B to B+, maintaining a stable outlook, according to a statement from the Ministry...

Montenegro plans major infrastructure investment: 260 kilometers of highways and 220 kilometers of express roads

Montenegro is preparing for a significant investment cycle, which will involve the construction of 260 kilometers of highways and 220 kilometers of express roads,...

EU commits to major investment in Montenegro’s development and innovation

European Union (EU) officials have expressed their intention to invest hundreds of millions of euros in Montenegro to support its economic growth and innovation....
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