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Include IT as a strategic branch of the economy

Improvement of administrative procedures, with the maximum application of digital solutions that would speed up many processes and a favorable tax framework are what...

Lidl and Big Fashion are planning investments in Nikšić

The spatial plan of the municipality of Nikšić will most likely be adopted by the end of this summer, the president of the Nikšić...

The Turkish low-cost airline Pegasus is entering the Montenegrin market

The leading Turkish low-cost airline Pegasus is interested in entering the Montenegrin market, the Ministry of Capital Investments announced. As stated, in this way new...

The Italian company ItalSystem is interested in starting a production plant for ammunition

The Italian company Italsistem (ItalSystem) is interested in opening a production facility for ammunition in Montenegro, and the value of the investment is around...

Apartment prices in Montenegro are in decline

The average price per square meter of an apartment in a new building in Montenegro in the first quarter was 1,389 euros. It is...

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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UK investment surge strengthens Montenegro’s economic ties with Britain

The substantial increase in foreign direct investment from the United Kingdom in the past year, as well as productive foreign trade exchanges, provide a...

Decline in foreign direct investment in Montenegro raises economic concerns

The data from the Central Bank of Montenegro (CBCG) showing a 63% drop in net foreign direct investments in January, from EUR 58.7 million...

Montenegro sees 3.18% increase in foreign direct investments in 2024

The total inflow of foreign direct investments (FDI) in Montenegro last year amounted to €889.80 million, an increase of 3.18% compared to the previous...

Hotel Breza in Kolašin to open this summer with €21.6 million investment

The Breza Hotel being constructed in Kolašin is expected to open this summer. The hotel has been included in the list of development projects...

New four-star hotel in Bečići receives environmental approval for construction

A new four-star hotel will be built in Bečići, with the investor, Sunraf Plus from Budva, receiving approval from the Environmental Protection Agency (EPA)...
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