Kotor-Lovćen cable car set to open on May 1st

The Kotor-Lovćen Cable Car is set to commence operations on May 1st, as reported by the Mina-Business Agency citing information from the Novi Volvox...

Empowering energy efficiency: Montenegro’s household initiative

Montenegro's government has greenlit a project aimed at boosting energy efficiency in households, allocating €8.8 million for the endeavor, with a significant portion earmarked...

EBRD considers €30 million loan for Montenegro’s rail operator

The European Bank for Reconstruction and Development (EBRD) is currently considering granting a loan of up to €30 million to Montenegro's rail passenger operator,...

Record profit reported by Montenegro’s Electric Transmission System in 2023

Montenegro's Electric Transmission System (CGES) achieved an unprecedented profit of €35.7 million last year, as announced by Aleksandar Mijušković, the Chairman of the Board...
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Ellena Group requests emergency Shareholders’ Assembly for Vektra Boka

Ellena Group, a construction company based in Herceg Novi, recently acquired a 33% stake in Vektra Boka and has taken steps to address the...

Nova Development Company and Russian investor seek approval for residential complex in Budva

The Belgrade-based construction firm Nova Development Company and Russian investor Dmitry Vladimirovich Judin have submitted a request to the acting Chief State Architect for...
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