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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Montenegro’s millionaires: Calls for transparency and vetting of public officials

According to the Central Bank's data, Montenegro has 89...

Montenegro secures over €380 million in EU funds for reforms

Montenegro has gained access to over €380 million in...

Montenegro Stock Exchange sees index growth amid modest trading volume

The Montenegro Stock Exchange noted a rise in its...

President raises concerns over Development Bank Law

President of Montenegro, Jakov Milatović, has signed the Law...

Assessing Montenegro’s financial stability and future economic strategies

The current financial situation in Montenegro is stable, as...
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Construction season resumes in Budva amid waste management challenges

At the beginning of October, construction season resumed in the municipality of Budva, with around 50 active construction sites currently complying with technical requirements....

Chinese tourists enchanted by Montenegro’s natural beauty

"They are never late, arrive well-informed about Montenegro, take photos non-stop and are enchanted by nature." This succinct description of Chinese tourists comes from...

Minister calls for diversification in Montenegro’s tourism offerings to enhance visitor engagement

Minister of Tourism Simonida Kordić has urged the tourism sector and local tourist organizations to focus on diversifying their tourism products by creating additional...

President emphasizes importance of road infrastructure for Montenegro’s economic development

President Jakov Milatović underscored the critical importance of enhancing transportation infrastructure for Montenegro's economic growth. After a meeting of the Senate of the Capital, Milatović,...

Leaders of the Western Balkans sign new Action Plan for joint regional market 2025-2028

Leaders of the Western Balkans have officially signed a new phase of the Action Plan for the Joint Regional Market 2025-2028 (CRM 2.0). This...

Increasing competitiveness of Montenegro’s Airports

Roko Tolić, the Executive Director of Montenegro Airports (ACG), emphasized the importance of keeping local travelers from choosing nearby airports like Tirana and Dubrovnik....

Summary of the summer season results and planning for winter season

The first meeting of the Coordination Body for Preparing and Monitoring Tourist Seasons, led by Minister of Tourism Simonida Kordić, focused on evaluating the...

Tender announced for construction of Žarski Ski Center in Mojkovac

The Administration for Capital Projects has launched a tender for the construction of facilities and parking at the Žarski Ski Center in Mojkovac. The...
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Construction season resumes in Budva amid waste management challenges

At the beginning of October, construction season resumed in...

Tender announced for construction of Žarski Ski Center in Mojkovac

The Administration for Capital Projects has launched a tender...

Urgent Medical Service plans new facility near Military Medical Center

The Institute for Emergency Medical Assistance has formally requested...

Cetinje-Lovćen cable car construction delayed: Funding issues impact project timeline

The construction of the second cable car route connecting...
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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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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...

Plans for five-star condo hotel in Bečići

Budva-based companies R Hotels and Luss Investment are planning...

Relocating to Montenegro: Advantages and potentials

Montenegro, a vibrant gem on the Adriatic coast, has...

Montenegro as a strategic hub for the European market

Montenegro, a small yet vibrant country on the Adriatic...

High-quality international schools: Market opportunity in Montenegro

Montenegro is experiencing a surge in its expatriate community,...

Montenegro luxury goods market: Opportunities and analysis

Montenegro, situated along the stunning Adriatic Sea, is rapidly...

Montenegrin tourism sector faces challenges and opportunities in the off-season

Montenegrin hoteliers and private accommodation providers are approaching the...

Karisma Hotels & Resorts unveils luxury “Porta Rai” project in Ulcinj

The luxury beachfront hotel-residential complex "Porta Rai", being developed...
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Ryanair will not significantly increase flight schedule from Podgorica Airport

Low-cost airline Ryanair will not make substantial increases to...

Number portability in Montenegro: 10,130 subscribers make the switch in 2023

In the first nine months of this year, 10,130...

Improved air connectivity between Montenegro and Israel to boost tourist numbers

Improved air connectivity between Montenegro and Israel is expected...

Montenegro as a hub for EU market expansion and entry into Southeast Europe

Montenegro has established itself as a strategic gateway for...

Citizens of Montenegro face rising debt levels: Concerns for financial stability

As of August 31, the debt of citizens in...
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