18.5 C
Herceg Novi
Friday, July 26, 2024
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Montenegro introduces Credit Guarantee Fund to strengthen economic support and improve financing access

The establishment of the Credit Guarantee Fund is a pivotal development for Montenegro’s financial system and economy, according to Irena Radović, Governor of the...

EPCG Solar Gradnja highlights Solar Energy’s expanding role in electricity generation

Recent data highlights the increasing significance of renewable energy in Montenegro’s electricity production, as reported by EPCG Solar Gradnja. “Our pride and leadership in this...

ToMontenegro seeks new CEO through international competition

The national airline of Montenegro, ToMontenegro, has announced an international public competition to appoint a new director. This follows the recent dismissal of Slovenian...

Swiss Firm 8B Capital submits new bid for leasing Nikšić steelworks

Elektroprivreda Crne Gore (EPCG) has reopened its public call for leasing the Steel Plant and Forging Shop, operated by its subsidiary Željezara Nikšić. The...

Crnogorski Telekom to host 15th conference call with analysts and investors

Crnogorski Telekom is set to hold its 15th conference call with analysts and investors tomorrow, where the company will discuss its financial performance for...
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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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