World Bank (WB) has raised its forecast of growth of Montenegrin economy for 2017 by 0.5 percentage points to 3.6%. In its June report, WB predicted that the Montenegrin economy would strengthen to 3.1% this year. According to the forecasts, GDP should grow 3% in 2018. WB has also estimated the growth of Montenegrin economy… READ MORE
The executive director of the OT Logistics (OTL) company, Zbigniew Nowik, says that they are ready to invest €17.1m in modernizing the Port of Bar in the next 3 years. This Polish company was the only one to submit a bid for buying 30% of shares of the Port of Bar, ie 17 million shares…. READ MORE
For me, 2016 was a biggie. It started with the loss of a parent, relocating from one city to another, buying a property (that needed an embarrassing amount of renovation, because we like to make things difficult) and the planning – and performing – of a wedding. So when it came to thinking about our… READ MORE
Ten years ago, Montenegro became an independent country, separating from Serbia by a narrow margin of less than 1 percent of required votes in an independent referendum. This new independence meant many changes for a country that’s roughly the size of Connecticut. One of those important changes was something few expected: the country’s new domain… READ MORE
The company “S & I Invest” from Podgorica submitted a request for a building permit for construction of a hotel complex with five-star “Falcons” in Budva, CdM has learned. Technical documentation is submitted to the Ministry of Sustainable Development and Tourism on December 30th, 2016. The hotel is about to be located along the coast,… READ MORE