Tag: SMEs

Montenegro’s SME margin squeeze: Higher turnover, higher costs, more discipline

Montenegro’s company sector is growing in nominal terms, but many businesses are entering a tougher operating phase. Turnover is rising, wages are higher, inflation...

Montenegro’s SME financing gap opens a new role for EBRD, EU guarantees and risk-sharing credit lines

Montenegro’s small and medium-sized businesses are entering a period in which access to financing may increasingly depend less on traditional commercial lending and more...

Montenegro’s SME sector anchors employment but remains structurally exposed to tourism cycles and limited diversification

Montenegro’s small and medium-sized enterprise landscape sits at the heart of its domestic economy, shaping employment, regional activity, and the distribution of income. Yet...

Access to finance in 2025: Why Montenegro’s SMEs still face expensive credit

Access to finance has become one of the clearest dividing lines inside Montenegro’s economy in 2025. On paper, the macro-financial environment looks relatively supportive....
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Corporate Montenegro in 2025: Financial performance, sector concentration and capital structure

The structure and financial performance of Montenegrin companies in 2025 provide a revealing lens through which the country’s economic model can be understood. Corporate...

From margin compression to margin control: Why European SMEs are re-anchoring in low-tax jurisdictions

Across Europe, the SME sector is experiencing a form of pressure that differs materially from cyclical downturns of the past. This is not a...
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