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Montenegrin Telekom successfully completed last year with positive financial parameters and significant profit growth

Montenegrin Telekom successfully completed last year with positive financial parameters and significant profit growth, announced the telecommunications company. "The growth in business results, with higher...

The owners of mini hydroelectric power plants are making millions in profits

If all ten small hydroelectric power plants (mHE) in the municipality of Andrijevica, which are privately owned, were municipal, that local government would be...

Montenegro’s New Forestry Law Eliminates Harmful Concessions

More than half of Montenegro's territory is covered by forests, with estimated wood reserves of around 72 million cubic meters. However, the greatest financial benefit...

CBCG’s Profit Distribution: €2.6 Million to State Budget, Remaining Half Designated for Reserves

The Council of the Central Bank (CBCG) has made a decision regarding the distribution of 50% of the profit for the year 2022. An...
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Air Montenegro achieved a profit of EUR 2.7 million, the first positive result in Montenegro aviation in the last 15 years

The national airline Air Montenegro transported 450,000 passengers this year and achieved a positive result in the amount of EUR 5 million (EBITD), with...

Air Montenegro made a profit of 3.8 million

The national airline, Air Montenegro, made a profit of EUR 3.8 million in the first nine months, which is EUR 5.8 million more than...
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