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IMF raises Montenegro’s 2022 GDP growth projection to 7.2%

The International Monetary Fund (IMF) said it expects Montenegro's economy to grow by 7.2% this year, increasing its April projection of 3.8%growth. Montenegro's gross domestic...

Key findings of the 2022 European Commission Report on Montenegro

European Commission has published the 2022 country reports for the six Western Balkans states and Turkey. Here we present the key findings in the...

Montenegro withdraws from Eurovision

Vladana breathed life back into Montenegro’sEurovision story. But sadly that rejuvenation has only ended up being a one-year event. Broadcaster RTCG has now announced that...

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 U.S. strengthen economic and trade relations through new agreement

Montenegro and the United States have excellent economic and trade relations, stated the Minister of Economic Development, Nik Gjeloshaj, during a meeting with the...

BIG CEE to open new development in Nikšić after winning land tender

The Israeli company BIG CEE, the owner of the BIG Fashion shopping center in Podgorica, is expanding to Nikšić. The company is the only...

Seasonal labor shortage hits Montenegro’s tourism industry as hiring for summer season begins

The largest state-owned hotel company in Montenegro, the Hotel Group Budvanska Rivijera, has opened seasonal positions for nearly 600 workers. Job openings include positions such...

Public review open for environmental impact assessment of 5-star hotel project in Tivat

The Environmental Protection Agency has made public the request for a decision on the need to develop an environmental impact assessment for the construction...

Efforts to resolve long-standing dispute over Sveti Stefan intensify

The dispute over Sveti Stefan has remained unresolved for years, but now, according to announcements, the world’s top tennis player Novak Djoković is expected...
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