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The turnover of Montenegrin companies in 2022 amounted to ten billion euros, with 12 of them achieving revenues exceeding 100 million

The turnover of companies in Montenegro in 2022 amounted to more than ten billion euros, showing a 16% increase compared to 2021, according to...

Foreign ownership of 40% of enterprises in Montenegro

40% of companies in Montenegro are owned by foreigners, Monstat data show. As Darko Đikanović, a market analyst at the Adriatic Appraisal agency, wrote on...

By August 25th, state-owned companies paid EUR 4.37 million into the budget

The government has adopted information by which companies majority-owned by the state, which have achieved a positive financial result in 2021 and 2022, and...

Podgorica needs more modern and larger business spaces

The market of office space in Montenegro is less represented and less developed compared to the residential real estate market, which plays the main...
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Last year, over 18,000 companies were owned by foreigners, mostly from Turkey and Russia

Last year, there were 18,402 foreign-owned companies in Montenegro, Monstat announced. That is, they are an increase of 25.4% compared to the year before,...
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