Montenegro is preparing to launch a new offshore oil and gas exploration tender, raising critical discussions about the potential economic implications of successful hydrocarbon discoveries. While…
Browsing: Economy
SunExpress has announced the launch of a direct seasonal flight connecting Podgorica, Montenegro, with Antalya, Turkey, starting in the summer of 2026. This new route is…
Montenegro’s electricity sector is at a pivotal juncture, grappling with significant risks due to its limited asset base and seasonal generation patterns. Unlike larger regional markets,…
As Montenegro prepares for the summer 2026 planning cycle, the country is focusing on enhancing its air connectivity to boost tourism. In 2025, passenger traffic through…
The Electric Power Company of Montenegro (EPCG) has become a focal point in the ongoing political discourse within the country, highlighting the intricate relationship between the…
The European Bank for Reconstruction and Development (EBRD) alongside the European Union has launched a consultancy tender aimed at enhancing corporate governance and operational management at…
Montenegro’s ambitious Bar–Boljare highway project, aimed at enhancing connectivity between the Adriatic coast and the northern regions, has encountered significant delays more than twelve years after…
Montenegro is nearing a critical juncture in its European Union accession journey, with significant advancements being made towards the provisional closure of Negotiating Chapter 9, which…
Montenegro is intensifying its efforts to transition to renewable energy, emphasizing the strategic planning of new wind and solar projects. Currently, renewables account for approximately 45…
As of December 2025, Montenegro’s average net salary has reached €1,022 per month, marking a significant milestone in the country’s wage growth amid ongoing labor market…
