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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 secures funding for railway reconstruction project

For the railway reconstruction project, specifically to fund the...

Montenegro’s economic outlook: Navigating challenges and reform initiatives

Montenegro's economic growth is projected to moderate to an...

Prequalification tender for Mateševo-Andrijevica highway section announced

The pre-qualification tender for the Mateševo-Andrijevica highway segment has...

Montenegro gains access to EU funding: Advancing reforms on the path to European integration

The European Parliament has recently approved the Instrument for...

Montenegro’s Ministry of Finance advocates inclusive policy-making for fiscal reforms

The Ministry of Finance, under the leadership of Minister...
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Latest News

Enhancing maritime cooperation: Montenegrin Chamber of Economy (PKCG) and Maritime Chamber of Turkey forge stronger ties

The Montenegrin Chamber of Economy (PKCG) and the Maritime Chamber of Turkey (MCT) have identified opportunities for enhancing collaboration in the maritime industry and...

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

Montenegro's electricity distribution system, CEDIS, has concluded three tenders for meter procurement, with around 30,000 meters set to be delivered by year-end, announced Vladimir...

Montenegro’s government seeks partnership with German Economic Association to boost investments

The Montenegrin government is actively seeking to attract reliable investors from partner nations, and the establishment of the Federal Association for Economic Development and...

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

In 2023, the top 15 construction companies experienced a decline in total revenues and profits compared to the previous year, along with a reduction...

Montenegro secures funding for railway reconstruction project

For the railway reconstruction project, specifically to fund the general overhaul of the track, repair 13 steel bridges and tunnels, and modernize depots and...

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

Svetlana Šljivančanin, the Acting Director General of the Directorate for Tourism Development, has announced that the tourist season in Montenegro has kicked off, with...

Podgorica-based companies advance plans for Sinjajevina – Part II wind farm

Three companies based in Podgorica - N1, Sistem-MNE, and PerMonte - are moving forward with plans to develop the Sinjajevina - Part II wind...

Montenegro’s economic outlook: Navigating challenges and reform initiatives

Montenegro's economic growth is projected to moderate to an average of 3.2% in the coming years, as per the assessment of Montenegro's Economic Reform...
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Companies

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...

Streamlined access: One Montenegro introduces eSIM prepaid purchases online

One Montenegro has announced a new convenience for its...

Montenegro’s Electric Distribution System records decrease in energy losses

In the first quarter, the distribution network recorded a...

Electrifying progress: Integration of unit A8 at Piva hydroelectric power plant marks a milestone

The executives of Elektroprivreda (EPCG) and the Montenegrin Power...
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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

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...

Construction of Otrant Reefs tourist complex to begin next week in Ulcinj, Montenegro

Next week, construction is set to commence on the...

Challenges and strategies: Budva’s tourism industry adapts to shifting dynamics

Despite the general increase in tourist interest in Montenegro,...
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Real Estate

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Mapping low-conflict sites for renewable energy development in Montenegro

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Montenegro secures funding for railway reconstruction project

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Montenegro’s economic outlook: Navigating challenges and reform initiatives

Montenegro's economic growth is projected to moderate to an...

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