24.5 C
Herceg Novi
Friday, September 13, 2024
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Turkey and Montenegro seek to enhance economic collaboration, Turkish Ambassador states

Turkey has been a reliable partner for Montenegro, with ample opportunities to further strengthen these ties, particularly in economic activities, stated the Turkish Ambassador...

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...

Interest rates in June show stability and minor changes in Montenegro’s financial sector

In June, the average weighted effective interest rate on total approved loans in Montenegro held steady at 6.61%, according to the Central Bank of...

CEDIS partners with EBRD for €35 million SCADA system to upgrade Montenegro’s power grid

Montenegro's electricity distribution company, CEDIS, is set to roll out a major SCADA project with financial backing from the European Bank for Reconstruction and...

Montenegro unveils €200 million tender for Podgorica bypass project

Prime Minister Milojko Spajić announced today that Montenegro will issue a tender for the conceptual design of a new highway bypass around Podgorica, 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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