Montenegro’s electricity transmission system operator, CGES, is in the final stages of reconstructing the Budva–Lastva and Lastva–Tivat transmission lines. This initiative represents a significant investment of…
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Montenegro is poised to adapt its energy sector in response to the Carbon Border Adjustment Mechanism (CBAM), which is set to reshape the commercial landscape for…
The Front-End Engineering Design (FEED) process is increasingly recognized as a crucial element in securing financing for environmental and energy-efficiency projects across Europe, particularly in Southeast…
Hipotekarna Banka has announced a net profit of €5.39 million for the first quarter of 2026, solidifying its status as one of Montenegro’s leading financial institutions.…
Montenegro’s Ministry of Ecology, Sustainable Development and Northern Development has rescinded the environmental approval for the 118.8 MW Bijela wind farm, a significant blow to one…
Montenegro’s construction industry is witnessing significant consolidation, with a few major players dominating the market as of 2025. Bemax has maintained its status as the largest…
Montenegro’s hospitality industry has reported a significant financial upswing, with the twenty largest hotel groups generating over €314.5 million in revenues. This growth underscores a transformative…
PowerX, a Japanese energy storage firm, is making its entry into Montenegro through a strategic collaboration with the state-owned power utility, EPCG. This partnership is poised…
The commencement of trial operations at the Gvozd wind farm near Nikšić signifies a pivotal moment in Montenegro’s energy landscape. This project not only adds to…
Recent financial disclosures from the Montenegro Stock Exchange have unveiled a stark contrast in the performance of state-controlled enterprises in 2025. While companies in the tourism…
