24.5 C
Herceg Novi
Thursday, September 12, 2024
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Montenegro to cut airport fees and boost employee housing support in new agreement

The Ministry of Transport has reached a significant agreement with Airports of Montenegro to lower fees for airlines. This move aims to retain existing...

Tourism Minister meets with Foreign Investors Council to discuss industry challenges and future plans

Montenegro's Minister of Tourism, Simonida Kordić, met with the Foreign Investors Council in Montenegro, which comprises 41 companies contributing approximately 30% to the national...

Montenegro’s Central Bank launches IMF transparency code review

Irena Radović, the Governor of the Central Bank of Montenegro (CBCG), along with her team, hosted an introductory meeting today with the International Monetary...

Monteput announces tender for concept design of Smokovac-Tološi section of Bar-Boljare highway

Monteput has announced a public tender for the design of the Bar–Boljare highway section from Smokovac to Tološi, spanning approximately 10 kilometers. This project...

Montenegro to build 160 MW solar power plant in Nikšić

Montenegro is set to develop another facility for generating electricity from renewable sources. The new project is a solar power plant named Broćanac, with...
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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’s Transport Minister meets Hungarian Ambassador

Transportation Minister Maja Vukićević recently met with Hungarian Ambassador to Montenegro, József Németh, where she underscored Hungary's crucial role in transportation projects and expressed...

Five companies and three consortia express interest in Bar–Boljare highway project

The Ministry of Transport announced that five companies and three consortia have shown interest in the prequalification process for the design and construction of...

Monteput announces new plan to mitigate impact on residents for Bar-Boljare highway section

Monteput has responded to recent comments by Nikola Milović of the Democratic Party of Socialists (DPS), who claimed that the second segment of the...

Montenegro sees 9% decline in real estate FDI in 2024; Turkish buyers increase while Russian interest falls

Foreign direct investments (FDI) in Montenegro's real estate sector totaled 237 million euros in the first seven months of 2024, marking a nine percent...

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...
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