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Strategic engineering communication and public relations for industrial companies

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Engineering communications and public relations (PR) for industrial companies...

Transitioning investments from planning to commissioning with Owner’s Engineer supervision

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Engineering energy finance is a complex field that encompasses...

Effective communication strategies for engineering in industrial and energy sectors

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Engineering communication, especially within industrial and energy companies, plays...

Favorable business landscape in Montenegro, corporate tax incentives and unique personal income levies

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Montenegro's business landscape is notably favorable for entrepreneurs and...

MontenegroBusiness News

Leading Montenegro focused online magazine with dedicated information hub & relay , covering current affairs, business and other related news. Read in over 70 countries.

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Financial

Montenegro’s fiscal strategy: Sustaining stability amid economic flux

Montenegro's Ministry of Finance, led by Novica Vuković, has...

Montenegro stock exchange: Varied performance during holiday trading

In a shortened trading week due to holidays, Montenegro's...

Montenegro’s rising debt: Over 150,000 citizens indebted to banks for €1.78 billion

According to recent data from the Central Bank of...

Montenegro’s fiscal strategy: A Path to stability and growth

The government has announced that it won't take on...

Montenegro’s real estate market: Navigating stability amid market shifts

The real estate landscape in Montenegro is currently experiencing...
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Latest News

Montenegro’s Casa del Mare: Early season success and growth outlook

The emerging hotel group from the Boka Bay region, Casa del Mare, took an early start this year by opening all five of its...

Increasing concerns over water shortages in Montenegro due to climate change

In Montenegro, the director of the Environmental Protection Agency, Milan Gazdić, has issued a warning about a potential water shortage this year due to...

Tourism boom in Podgorica: Record-breaking numbers and future prospects

Statistical data from Monstat for the first three months of 2024 reveal a staggering 53,139 overnight stays in Podgorica, mirroring the record set in...

Montenegro Airports’ decarbonization journey: Toward zero emissions by 2035

Airports of Montenegro (ACG) have been accredited for the initial level of a decarbonization program, with plans to achieve zero carbon dioxide (CO2) emissions...

Port of Kotor projects substantial revenue increase and infrastructure optimization

The Port of Kotor is anticipating a significant surge in revenue this year, projecting a total income of €6.8 million, marking a substantial 43%...

Montenegro’s industrial product prices

In the first quarter of this year, the prices of imported industrial products in Montenegro experienced a slight decline of 0.1 percent compared to...

Montenegro’s fiscal strategy: Sustaining stability amid economic flux

Montenegro's Ministry of Finance, led by Novica Vuković, has made it clear that there are no plans to raise the value-added tax (VAT). In...

EPCG faces energy shortfall and ambitious projects ahead

As the Pljevlja Thermal Power Plant gears up for renovations next year, Elektroprivreda Crne Gore (EPCG) anticipates a shortfall of approximately 400 gigawatt hours...
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Companies

EPCG faces energy shortfall and ambitious projects ahead

As the Pljevlja Thermal Power Plant gears up for...

Year of success: Montenegro’s day-ahead electricity market flourishes

Over the past year, Montenegro has witnessed significant interest...

Pharmaceutical sector analysis: Top companies’ performance in Montenegro

The leading ten companies within the pharmaceutical sector collectively...

Montenegro’s CEDIS procures 30,000 meters amidst operational developments

Montenegro's electricity distribution system, CEDIS, has concluded three tenders...

Analysis reveals decline in revenue and profits for top 15 construction companies in Montenegro

In 2023, the top 15 construction companies experienced a...
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Specials

Exploring Key Products and Equipment for Renewable Energy: Montenegro’s Manufacturing and Assembly Potential

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Montenegro's emerging industrial sector, combined with its strategic location,...

Montenegro carbon offset, emissions and investment opportunities

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In Montenegro, a country with rich natural resources and...

Strategic Development of a Mechanical Engineering R&D Center in Montenegro for the Shipping Industry with Integrated Maintenance Services

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Establishing a Mechanical Engineering Research and Development (R&D) Center...

Harnessing the Potential: China’s Renewable Energy Technology Exports to Europe via Montenegro

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Montenegro, situated at a strategic crossroads between China and...

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Business Environment

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...

Competitiveness of Montenegro Sea Ports for EU Market Entrance of International Companies, opportunities for new business services set up

Montenegro, a small country located in Southeast Europe, is emerging as an attractive business destination. With its picturesque coastline along the Adriatic Sea, Montenegro...

What could Montenegro offer to US companies? 

Montenegro, with its strategic location on the Adriatic Sea and attractive investment climate, can offer several opportunities to US companies. Here are some key...

Montenegro Sea Ports: An Import Hub for Raw Materials for EU Heavy Industry

Montenegro, with its strategic location along the Adriatic Sea, is emerging as a promising import hub for raw materials destined for heavy industries in...

Nikšić: Montenegro’s Gateway to Industrial Innovation and EU Nearshoring

Located in the northern region of Montenegro, Nikšić is emerging as a significant player in the European industrial and business sectors. Known for its...

Herceg Novi: Montenegro’s Emerging IT Nearshoring Hub with Unique Advantages

In the picturesque landscape of Montenegro lies Herceg Novi, a coastal town with untapped potential in the technology sector. This article explores how Herceg...
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Economy

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Hotels

Montenegro’s Casa del Mare: Early season success and growth outlook

The emerging hotel group from the Boka Bay region,...

New five-star hotel set to transform Kotor’s skyline

Kotor is set to welcome a new five-star hotel...

Tourist season in Montenegro in full swing, hotels up to 80% occupancy

Svetlana Šljivančanin, the Acting Director General of the Directorate...

Vektra Boka’s fate hangs in the balance: Key decisions looming

Preventing a new bankruptcy filing for Vektra Boka at...

The financial landscape of Montenegro’s top 15 hotels: Profits, revenue and workforce growth

The year-end financial report for Montenegro's top 15 hotels...

Montenegro’s tourism sector: A landscape of investments

Investments in Montenegro's tourism sector have seen significant figures...

Expanding luxury: Dior wholesale facility set to grace Porto Montenegro in Tivat

In Tivat, within the Porto Montenegro area, construction will...

Montenegro Stars achieves record revenue and profit in 2023

In 2023, Montenegro Stars, the umbrella company operating Hotel...
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Real Estate

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Montenegro Airports’ decarbonization journey: Toward zero emissions by 2035

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Montenegro’s transport development: New highways, air travel and railway modernization

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Montenegro’s Casa del Mare: Early season success and growth outlook

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March 2024 tourism statistics: Montenegro’s collective accommodation insights

In March 2024, Montenegro welcomed 54,817 arrivals and hosted...

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