The country has created a reputation for itself as a pro-business hub that has attracted…
Montenegro’s economy is mostly service-based, with tourism being one of its most significant contributors. With…
Porto Montenegro provides further details about its extensive ongoing expansion and development, outlining its vision…
To comply with the highest European standards and safety conditions – Law on amendments to…
The International Monetary Fund (IMF) said it expects Montenegro’s economy to grow by 7.2% this…
European Commission has published the 2022 country reports for the six Western Balkans states and…
Montenegro’s Appellate Court upheld a judgment requiring Kolašin municipality to pay planning company Montplan approximately 152,022 euros. Statutory interest continues to accrue while the municipality plans to seek review before the Supreme Court.
Debt linked to blocked corporate bank accounts in Montenegro totalled 1.82 billion euros at the end of October, up 1.84% from September. The 50 largest debtors accounted for 59.24% of the total.
Montenegro’s Dr Simo Milošević Institute recorded approximately €3.8 million in profit in the first nine months of 2026 after restructuring and shareholder capital support. It is preparing facility upgrades while still facing substantial investment and maintenance needs.
Workers at Montenegro’s Šuplja Stijena zinc and lead mine want the government to place it temporarily under state-owned Rudnik uglja Pljevlja before the existing concession expires on 31 December. Around 200 workers could face employment uncertainty from the start of 2027 if no lawful operating arrangement is in place.
Montenegro’s government has authorised further negotiations with Société Générale for up to 313 million euros to finance a new university clinical centre in Podgorica. The proposed financing is not a signed loan agreement, and construction is scheduled to begin in the first half of 2027.
Montenegro must prepare six border inspection facilities for EU accession after Chapter 12 was provisionally closed. Food-sector transition arrangements set upgrade deadlines through 2030, with market access restricted for some facilities during the transition.
Montenegro’s Dr Simo Milošević Institute recorded approximately €3.8 million in profit in the first nine months of 2026 after restructuring and shareholder capital support. It is preparing facility upgrades while still facing substantial investment and maintenance needs.
The Montenegrin Association of Minority Shareholders is seeking to pool about 18 million shares in wine producer 13. jul – Plantaže for a potential sale to domestic and foreign investors. The indicative asking price is 0.50 euros per share, implying a value of approximately 9 million euros.
Montenegro’s Appellate Court upheld a judgment requiring Kolašin municipality to pay planning company Montplan approximately 152,022 euros. Statutory interest continues to accrue while the municipality plans to seek review before the Supreme Court.
Montenegro has reopened a tender worth €1.65 million excluding VAT for two snow-grooming vehicles at the Hajla-Štedim ski centre. The procurement follows the annulment of an earlier procedure over access to documentation, while the centre remains short of equipment needed to operate.
Montenegro’s visa requirements for visitors from Russia, Türkiye, China, Belarus and Saudi Arabia took effect on 1 November. Tourism representatives warn of possible lower arrivals, while Russia and Türkiye accounted for approximately 21% of tourism activity in 2025.
Montenegro has reopened a tender worth €1.65 million excluding VAT for two snow-grooming vehicles at the Hajla-Štedim ski centre. The procurement follows the annulment of an earlier procedure over access to documentation, while the centre remains short of equipment needed to operate.
Applications for Montenegrin visas rose 22.4% to 9,623 in 2025, with long-term requests making up slightly more than half. The figures come from the Foreign Ministry’s annual activity report.
The European Commission has opened negotiations to extend EU roaming rules to Montenegro and five other Western Balkan economies. The rules will not apply until agreements are finalised and participating markets align their regulations with the EU framework.
Montenegro’s government adopted amendments to Bar’s spatial and urban development plan at its November 5 meeting. The revised framework covers infrastructure, housing, utilities and tourism but does not approve individual projects or provide financing.
Montenegro’s central bank has approved binding lending limits that cap housing-loan repayments at 50% of income and mortgages at 90% of collateral value. The rules take effect on 1 January 2027 and will also limit consumer-loan repayments and terms.
Developers in selected parts of Montenegro have raised apartment asking prices and withheld some homes from sale, anticipating stronger demand linked to the government’s proposed Euro Model wage reforms. The reported changes are not evidence of a nationwide rise in completed transaction prices.
Demolition of the former Piva hotel in Plužine was completed on 5 November, clearing the site for a new hotel. The redevelopment is associated with Serbian basketball player Bogdan Bogdanović and his family, who bought the property in 2019.
Montenegro’s government has authorised further negotiations with Société Générale for up to 313 million euros to finance a new university clinical centre in Podgorica. The proposed financing is not a signed loan agreement, and construction is scheduled to begin in the first half of 2027.
Montenegro must prepare six border inspection facilities for EU accession after Chapter 12 was provisionally closed. Food-sector transition arrangements set upgrade deadlines through 2030, with market access restricted for some facilities during the transition.
Montenegro’s Dr Simo Milošević Institute recorded approximately €3.8 million in profit in the first nine months of 2026 after restructuring and shareholder capital support. It is preparing facility upgrades while still facing substantial investment and maintenance needs.
The Montenegrin Association of Minority Shareholders is seeking to pool about 18 million shares in wine producer 13. jul – Plantaže for a potential sale to domestic and foreign investors. The indicative asking price is 0.50 euros per share, implying a value of approximately 9 million euros.
European Commission customs guidance has underscored how documentation of actual emissions could affect the financing and pricing of Montenegro’s renewable power exports. The country’s default emissions factor implies an indicative carbon cost of 80.59 euros per megawatt-hour at the EU’s third-quarter certificate price.
European Commission customs guidance makes nominated electricity quantities and the parties responsible for them central to EU import records. Montenegro’s default-based carbon exposure is calculated at €80.59 per megawatt-hour, making documented origin and emissions treatment important to export economics.
Montenegro’s retail turnover rose 9.2% in current prices in the third quarter of 2026, while growth in constant prices was 4.7%. The figures indicate stronger summer sales but do not measure total household consumption or retailers’ profitability.
Montenegro recorded a merchandise trade deficit of approximately 2.965 billion euros in the first nine months of 2026, as imports far exceeded exports. The coverage ratio rose, but the gap remained wide.
