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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...

French companies eye infrastructure projects in Montenegro

French companies have shown interest in participating in infrastructure projects in Montenegro, with the government already holding discussions with Bouygues Construction, which has expressed...

Companies selected to design intersection of Bar-Boljare and Adriatic-Ionian highways

The conceptual design of the intersection of the Bar-Boljare highway with the Adriatic-Ionian highway and the expressway will be carried out by companies DB...

Record growth: Telecommunications company MTEL’s milestones in revenue and profit for 2023

In 2023, MTEL experienced unprecedented growth in both revenue and profit. The company's revenue surged to €111.5 million, marking a remarkable 36% increase from...
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Companies advocate for infrastructure inclusion in Kolašin urban plan

During the recent public discussion on the draft Spatial Urban Plan (SUP) of Kolašin, companies Beppler & Partners, Stablo, and Irenia Investments advocated for...

Challenges and recommendations for state-owned enterprises in Montenegro

The 20 largest state-owned enterprises in Montenegro are facing challenges in maintaining profitability and liquidity management, with an increased risk of entering the insolvency...
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