Montenegro’s Ministry of Public Works must repeat its evaluation of bids for construction works at the Hajla–Štedim ski centre in Rožaje after the public-procurement appeals commission…
Browsing: Montenegro
Tivat recorded more than 171,000 tourist arrivals during the first nine months of 2026, an 18% year-on-year increase, while visitors generated approximately 1.32 million overnight stays,…
Montenegro has reached approximately 69% of the European Union average on a composite measure of living standards, placing it ahead of other Western Balkan economies, although…
Podgorica-based Kerber Group has raised its ownership in Berane-based industrial manufacturer Poliex to 90.05%, consolidating control following a takeover offer that preceded the resumption of trading…
Montenegro is preparing changes to its insolvency legislation that would enable financially distressed companies to restructure before entering formal bankruptcy and introduce a conditional debt-discharge mechanism…
The European Bank for Reconstruction and Development (EBRD) is extending €10 million in financing to Montenegrin microfinance institution Alter Modus, with funds allocated to small and…
Montenegro recorded a merchandise trade deficit of €2.97 billion in the first nine months of 2026, as imports reached approximately €3.4 billion and exports totalled €434.4…
Montenegro’s passenger railway operator, Željeznički prevoz Crne Gore (ŽPCG), has accumulated losses of approximately €26 million, reflecting persistent financial and operational difficulties. The company recorded a…
Montenegro is expected to retain the euro upon joining the European Union, but its accession will not automatically grant it full eurozone membership. The country would…
The European Union has begun examining additional legal safeguards for future members, introducing another factor into Montenegro’s preparations for its 2028 accession target. The discussions concern…
