The prices of products and services of personal consumption, measured by the consumer price index,…

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Montenegro Business News

Montenegro’s Jugopetrol increased net profit 72.2% to 15.16 million euros in January–September 2026, citing higher fuel sales and stronger aviation and marine demand. Revenue rose 56.4%, while the company noted that prices and sales mix can affect turnover independently of physical fuel consumption.

Two of Montenegro’s four largest retail chains have rejected wholesale price increases sought by domestic food producers, while a third reportedly imposed similar restrictions verbally. Proposed wage increases could raise labour costs for affected positions by 25–56%, adding pressure on manufacturers’ margins.

Montenegro’s Finance Ministry calculated that the proposed Euro Model would reduce annual payroll-related taxes to about 1,000 euros for an employer paying a 1,400-euro net monthly salary, from roughly 4,155 euros under current rules. The government has not published an independently reviewed estimate of the reform’s full fiscal impact.

Montenegro’s stock exchange turnover ratio has stayed below 1% since 2019, leaving companies reliant on bank lending, OECD financial and enterprise affairs director Carmine Di Noia said. He argued broader financing options could help firms access growth capital without replacing bank loans.

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Doing Business in Montenegro
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Mercosur Montenegro
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Doing Business in Montenegro

Montenegro’s stock exchange turnover ratio has stayed below 1% since 2019, leaving companies reliant on bank lending, OECD financial and enterprise affairs director Carmine Di Noia said. He argued broader financing options could help firms access growth capital without replacing bank loans.

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CBAM electricity and verification