Business Environment - Montenegro Business

Promoting Energy Projects Development

December 7, 2023

Montenegro, a small but ambitious Balkan country, is making significant strides in the development of energy projects. With a strong commitment to diversifying its...

Exploring the Advantages of Doing Business in Montenegro

December 7, 2023

Montenegro, a small Balkan country nestled along the Adriatic coast, has gained attention as an attractive destination for business and investments. With its stunning...

Social reform drives consumption and inflation

November 2, 2023

Montenegro’s economy is overly reliant on tourism and foreign-born workers. Home to just over 600,000 people, stunning mountains, and perhaps the most beautiful stretch of...

Inflation increased by 10.1%

October 31, 2023

One of the trends that marked the previous period is the rise in prices. Inflation (measured by the consumer price index – CPI) increased...

Brdo-Brioni Process Summit

October 31, 2023

At the beginning of September 2023, the Brdo-Brioni Process Summit was held in Skopje, North Macedonia, which brought together the leaders of the countries...

The budget for 2023 amounted to EUR 2,852.6 million

June 13, 2023

In the first quarter, the growth rates of both total revenues and total expenses were recorded. However, due to higher revenue growth, a budget...

In the form of equity investments, an inflow of EUR 131.08 million was realized

June 4, 2023

The total inflow of foreign direct investments at the end of March amounted to EUR 209.41 million, a decrease of 15.33% compared to the...

Montenegro economy briefing: Wage growth in the public sector and other labour market issues

May 9, 2023

Abstract During the first three months of 2023, favourable trends were recorded on the labour market. Earnings recorded a growth of slightly more than 10%...

Montenegro citizenship by investment: 5 Things to know

April 20, 2023

Montenegro citizenship by investment is a program that allows people to obtain citizenship in the country with a significant financial investment in the country....

Montenegro economy briefing: Increased indebtedness of Montenegro

April 8, 2023

Abstract In March, Montenegro borrowed EUR 100 million from Deutsche Bank. Compared to previous borrowings, this borrowing is significantly less favourable, taking into account the...

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