In May, the Montenegro Stock Exchange recorded a total turnover of 2.08 million EUR, marking a significant increase of 99.19% compared to April. According to the…
Browsing: Economy
The business year 2023 proved to be the most successful for many Montenegrin companies, despite the ongoing challenge of a lack of systemic and strategic management…
Herceg Novi is poised to welcome large cruise ships starting from the upcoming summer tourist season, with plans for these vessels to anchor near the local…
Montenegro is on the verge of significant advancements in its renewable energy sector, with the finalization of legislation and the imminent launch of auctions for market…
In addition to securing the initial installment of the Development Policy Loan (DPL) worth 80 million euros from the World Bank (WB), the Government is currently…
The inaugural panel discussion at the EPCG NET 2024 symposium, organized by the Montenegrin Power Utility in collaboration with the Energy Association in Budva, delved into…
From January to the end of April this year, Montenegro’s budget revenues reached €896.1 million, or 12.7% of the estimated GDP, representing an increase of €98.7…
At the latest Government session, the Montenegrin Electricity Exchange (BELEN) was officially appointed as the Nominated Electricity Market Operator (NEMO). This decision is based on the…
In April, the average pre-tax and pre-contribution salary reached 828 EUR, marking a 0.4% increase from the previous month. Monstat data indicates a 5.3% year-on-year growth…
Montenegro’s iconic resort, Sveti Stefan, and Villa Miločer, currently leased by Adriatic Properties, have agreed to the government’s proposal to suspend the arbitration proceedings before the…

