Montenegro’s Hydrocarbons Administration has officially cancelled a public tender worth approximately €11 million for the procurement of EN 590 diesel fuel. This decision follows the rejection…
Browsing: Economy
Recent statistics reveal significant disparities in wage levels across various sectors in Montenegro, highlighting the structural dynamics of labor demand and market valuation of skills. As…
Porto Montenegro, a luxury marina and mixed-use development located in Tivat, has reached a significant milestone by accumulating total investments of approximately €1.021 billion since its…
The inflation rate in Montenegro has stabilized at 4 percent as of the end of 2025, presenting various implications for consumers, businesses, and overall economic dynamics.…
The Bijela Shipyard is undergoing a significant transformation from a traditional cargo-vessel repair facility to a specialized yacht and superyacht refit hub, marking a pivotal shift…
The recent completion of a feasibility study by Elektroprivreda Crne Gore has sparked renewed discussions regarding Montenegro’s long-term electricity security and the potential role of liquefied…
International financial institutions have projected Montenegro’s real GDP growth to reach 3.2% in 2026 and maintain a similar pace in 2027. While these figures suggest a…
Montenegro’s recent cancellation of its inaugural auction for renewable energy market premiums has highlighted significant challenges in aligning ambitious energy goals with viable investment frameworks. The…
The latest data from the Montenegrin government highlights Porto Montenegro’s significant role in the country’s economy, reporting a direct contribution of €20.936 million to the gross…
The construction sector in Montenegro is experiencing robust activity, largely fueled by ongoing residential projects and initiatives linked to tourism. This sustained demand, particularly prominent in…
