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Small shareholders begin selling shares amid restructuring disputes at ‘Simo Milošević’ Institute

A group of small shareholders of the "Simo Milošević" Institute in Igalo, organized through the Montenegrin Association of Small Shareholders (CAMA), will begin selling...

Co-owner to monitor potential share consolidation at Institute amid privatization plans

Co-owner of the "Simo Milošević" Institute, Žarko Rakčević, whose company Vile Oliva holds 27.4% of the shares, announced that he will closely monitor the...

Montenegro’s GDP per capita at 51% of EU average, regional comparison shows

Montenegro's GDP per capita stands at 51% of the EU average, according to data from EUROSTAT. In the region, Slovenia and Croatia, both EU members,...

Montenegro’s pension adjustments, 2025 budget and digital transformation plans

Pensions in Montenegro are adjusted three times a year – on January 1, May 1, and September 1 – based on changes in wages...

Montenegro’s unemployment decreases to 11.4% in December 2024

At the end of December, Montenegro had 33,040 unemployed individuals, a decrease of 0.5% compared to November, according to data from the Employment Agency...

Important Announcement to Our Readers

After years of dedicated efforts to promote Montenegro and highlight its vast business environment potentials, we regret to announce that we are temporarily suspending...

Real estate luxury hotel investments in northern Montenegro and their impact on the country’s economy and attractiveness

In recent years, luxury hotel investments in northern Montenegro have become a significant part of the country’s economic development strategy. These investments, particularly in mountainous regions such as Durmitor and Bjelasica,...

Montenegro as a hub for EU supply chains: Key sectors, talent pool and remote business operations

Montenegro’s strategic location on the Adriatic coast, combined with its competitive labor costs, growing talent pool and improving infrastructure, offers significant potential for becoming...
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Foreign investment in Montenegro’s real estate: Trends, slowdown and future projections

In the last four years, foreigners have purchased real estate in Montenegro worth a total of 1.5 billion euros. Their interest remains high, though...

Kerzner International to debut first SIRO hotel in Europe in Montenegro

One of the world’s largest hotel groups, Kerzner International, will open its first SIRO hotel in Europe in May, located in the heart of...

Montenegro proposes law to regulate Alternative Investment Funds in line with EU standards

The proposed Law on Alternative Investment Funds, currently in parliamentary procedure, aims to establish a framework that addresses potential risks arising from the activities...

Montenegro’s strategic sports infrastructure projects: National Stadium, City Stadium expansion and Olympic House

The construction of the national stadium is a project of strategic importance for Montenegrin sports, especially for football infrastructure, which currently does not meet...

Berane Aero-Park project faces delays as authorities await final approval

A German investor and representative of the company Elite Private Jet Service, Mike Steinmiller, signed a memorandum on April 5, 2023, in Berane with...
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