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Montenegro, At the end of December last year, profitability in banks improved

According to preliminary data from the Central Bank (CBCG), commercial banks, 11 of them, operated with a profit of EUR 85.7 million at the...

Montenegro, Solari 5000+ project has new goals

Elektroprivreda (EPCG) will borrow from a consortium of several foreign banks with a representative office in Montenegro or from the Investment and Development Fund...

Montenegro, This year has the potential to surpass the record 2019 in terms of the number of tourists

On March 9, 21,710 tourists were registered in Montenegro, which is 68% more compared to last year, and even 89% more compared to the...

Air Montenegro prepared special offers for traveling to France

The national airline Air Montenegro has prepared promotional prices for trips to French cities. From Podgorica to Paris, Nantes or Lyon, one-way tickets can be...

Montenegro’s path to energy transition and green economy: locations for solar and wind power plans will be mapped

Representatives of the Investment Agency and NGOs The Nature Conservancy and Eko-team signed a Memorandum of Cooperation today, with the aim of creating the...

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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Montenegro and Austria explore opportunities for enhanced tourism collaboration and investment

The relations between Montenegro and Austria are good, but there is potential for further improvement, according to Minister of Tourism Simonida Kordić and the...

Eagle Hills’ Ulcinj project: A game-changer for Montenegro’s tourism

The Eagle Hills group has proven its ability to transform desert destinations into world-class tourism hubs. Their planned investment in Montenegro, specifically in Ulcinj,...

Uncertainty surrounds possible summer reopening of Sveti Stefan hotel amid ongoing arbitration

Government representatives have not yet confirmed whether the Sveti Stefan city-hotel will open this summer or if they will sign an agreement with Adriatic...

Cetinje signs historic public-private partnership for Hotel Lokanda reconstruction

Cetinje’s Mayor, Nikola Đurašković, and the founder and director of Talija Company from Herceg Novi, Nikola Milić, signed a public-private partnership agreement in Cetinje...

Montenegro and UAE sign economic cooperation and investment agreements

The governments of Montenegro and the United Arab Emirates (UAE) have signed agreements on economic cooperation and joint investment during a ceremony held at...
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