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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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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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