This week on the Montenegro Stock Exchange was marked by divergent index trends and a sharp rise in trading volume, reaching €66,630—28 times more than the previous week—despite two fewer trading days due to the national holiday.
The MNSE10 index slightly declined to 1,154.07 points, while the broader MONEX index rose modestly to 17,575.53 points.
A major highlight was the announcement that South Korea’s Incheon International Airport Corporation (IIAC) ranked first in the tender for the concession of Montenegro’s airports, scoring 96.18 points. The second-ranked bidder, Luxembourg–U.S.-based Corporación America Airports (CAAP), received 65.15 points. Bidders have up to 15 days to submit complaints.
Another key development involved the potential cancellation of the lease contract for the Željezara Nikšić plant, currently held by 8B Kapital and its owner Igor Šamiz. The government and state-owned energy company EPCG are considering termination due to Šamiz’s failure to pay €250,000 in arrears, despite a verbal agreement to do so and additional obligations including transferring ordered equipment as collateral.
Meanwhile, the Crnogorska Plovidba vessel Kotor, which had been stuck in Savannah, Georgia for nearly a month due to mechanical issues, has departed for England. The company stated that it has not yet paid the nearly $1 million debt but acted to avoid the ship being seized. The sale of the vessel is expected to cover the outstanding dues.
Crnogorska Plovidba’s shareholders officially confirmed the government’s decision to sell the vessels Kotor and 21. maj, pending value assessments.
In economic news, Montenegro’s consumer price index rose by 4.2% in June year-over-year, and by 0.4% compared to May. The increase was driven by higher prices in categories such as fruit, accommodation services, bread and cereals, dairy products, meat, air transport, fuel, and oils.
