Montenegro’s energy landscape is undergoing a significant transformation as the state-owned utility, EPCG, navigates the complexities of transitioning from traditional coal-based generation to a more diversified…
Browsing: Companies
French renewable energy company Qair is set to enhance its presence in Montenegro with the development of the 64.8 MW Momče wind farm, located near Podgorica.…
Montenegro’s petroleum distribution sector has seen a notable expansion, with total revenues from the country’s leading oil companies surpassing €603 million in the past year. This…
Montenegro has officially commenced the first phase of an international tender aimed at implementing a new SCADA/ADMS platform, a key initiative in the digital modernization of…
Montenegro has initiated a significant infrastructure partnership by signing a cooperation framework with AD Ports Group, aimed at modernizing the Port of Bar and the Port…
Lovćen Banka has demonstrated significant growth in the Montenegrin banking sector, achieving a net profit of €5.3 million for the year 2025. This increase in profitability…
Jugopetrol, a prominent fuel distributor in Montenegro, has commenced 2026 with enhanced profitability, bolstered by rising revenues and consistent operational performance across its primary business segments.…
Crnogorski elektroprenosni sistem (CGES), Montenegro’s transmission system operator, is set to receive a loan of €25 million from the French Development Agency (AFD). This financing initiative…
The retail landscape in Montenegro is witnessing significant revenue growth, with the four largest retail chains generating over €1.12 billion in 2025. This surge highlights the…
Montenegro is poised to enhance its status as a regional startup hub, yet it grapples with a significant challenge: the inability to effectively measure and scale…
