22.5 C
Herceg Novi
Friday, July 26, 2024
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Montenegro, Goal for Port of Bar is to become an essential hub of the logistics system in Southeastern Europe

The state bought 10,459,654 shares (18.42%) of Luka Bar, at a maximum price of €0.90 per share, which, in addition to the existing package,...

Montenegro, What was discussed at the Organization for European Cooperation and the Council of Europe Bank

Montenegrin airports, free zones, and cyber security are just some of the topics discussed by Finance Minister Aleksandar Damjanović in Paris with representatives of...

Montenegro cannot close chapters in negotiations with the EU until they build fishing ports

In 2018, Montenegro signed a loan agreement with the World Bank (WB) for the implementation of the MIDAS 2 project, which, among other things,...

Montenegro, Strong income growth masks fiscal weaknesses

“Russia’s war in Ukraine has significant consequences for the Montenegrin economy. Higher global food and energy prices contributed to record high inflation of nearly...

Montenegro, From next year, electronic issuance of building permits

The Ministry of Ecology, Spatial Planning and Urbanism has developed an information system for electronic issuance of permits and construction notification. As Minister Ana...
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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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