Browsing: companies

Sozina Tunnel has serviced 1.55 million vehicles since the start of the year, according to Monteput, which operates it. Last year, 3.78 million vehicles passed through…

AIK Group, owned by Serbian businessman Aleksandar Kostić, has purchased 74.9% of Hipotekarna Banka in Montenegro for €74.98 million. The price per share was €9.77, with…

The company “Nemesis” has sent an urgent letter to Prime Minister Milojko Spajić and Minister of Spatial Planning Slaven Radunović, demanding that the Public Enterprise for…

By the end of the year, the 55 MW Gvozd wind farm, financed with €82 million and supported by KfW Bank, will enter trial operation. Construction…

Montenegro’s stock market saw a slight rise in indices and significantly higher trading volume last week amid developments in the airport concession tender process. The MNSE10…

The business environment in Montenegro shows strong potential, particularly in the IT sector, according to Ivica Tatar, CEO of Logate. He emphasized that there is room…

Electricity producer Elektroprivreda Crne Gore (EPCG) is focusing on three key strategic policies: producing energy at the point of consumption, utilizing existing hydropower infrastructure to connect…

Within the Pljevlja Coal Mine (RUP), there are various departments with the potential to spin off as separate business units and operate independently in the market,…

The Government will allocate an additional 2.5 million EUR from the current budget reserve to the Railway Infrastructure of Montenegro (ŽICG), as the 10 million EUR…

Montenegro’s Electric Utility EPCG and German Development Bank KfW have signed a €1.5 million grant agreement to support EPCG’s market-oriented green transformation. The agreement, signed by…