Montenegro has the potential to develop new gas projects, and by the end of the year, a public call will be issued for the concession contract…
Browsing: Economy
The business environment is extremely complex, and the current situation must be changed to allow entrepreneurs to implement the long-term development strategy of their companies without…
Montenegro Power Company (EPCG) concluded the past year with its best business results ever, and the profit will amount to between 70 and 80 million euros,”…
Montenegro intends to apply for financing from the European Union’s Growth Plan for the Western Balkans with large hydropower plant projects and upgrades of transmission and…
Montenegro has been emerging as an attractive investment destination, thanks to its strategic location, favorable business environment, and promising economic potential. Recognizing these opportunities, the German…
In the first 11 months, considering the realization of revenues and expenditures, a budget surplus of 158.5 million EUR or 2.6% of the estimated gross domestic…
The government has given consent to convert the debt of Tivat’s Luštica Development of four million euros to the state into share capital in that company.…
The average salary without taxes and contributions in November, according to the data from Monstat, amounted to 807 euros and was 0.5 percent higher compared to…
In a critical bid to revitalize its coronavirus-stricken economy, Montenegro has reached out to China for economic aid after the European Union declined to extend additional…
As of the end of November, the mandatory reserve of banks, according to the Central Bank of Montenegro (CBCG), amounted to 292.05 million EUR. Of the…
