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Monthly Archives: June 2018

Falkensteiner Takes Over Queen of Montenegro

Falkensteiner Takes Over Queen of Montenegro

Falkensteiner takes over four-star hotel in Montenegro and goes into the pre-opening phase already in June as the so-called “white label” of the hotel group. The Falkensteiner hotel group becomes the operator of the hotel Queen of Montengro starting from 23 June 2018, once again expanding its presence on the Balkan peninsula. The hotel will… READ MORE

World’s largest real estate agency “RE/MAX” now in Montenegro

World’s largest real estate agency “RE/MAX” now in Montenegro

One of the most famous real estate agency present in over 100 countries started working in Montenegro. Kevin Buttigieg, CEO of RE / MAX Malta and founder od RE / MAX Montenegro recognized the potential of Montenegro and decided to bring Montenegro one of the most recognizable brands in the world. The opening ceremony of… READ MORE

EX-YU airports move to secure China flights

EX-YU airports move to secure China flights

Montenegro has become the latest country in the former Yugoslavia to seek flights from China, following in the footsteps of Macedonia, Croatia, Bosnia and Herzegovina and Slovenia. Danilo Orlandić, the General Manager of operator Airports of Montenegro, which runs the country’s two international airports, said, “Together with our strategic partners we are looking at significantly boosting… READ MORE

Three EX-YU states eye inter-connectivity

Three EX-YU states eye inter-connectivity

The governments of Montenegro, Macedonia and Bosnia and Herzegovina are finalising plans for the introduction of flights between Sarajevo and Skopje via Podgorica. According to a draft agreement between the states, all airlines, including those outside the three countries, will be invited to operate the service, which would be subsidised. “Talks concerning the establishment of… READ MORE

Montenegro tourist arrivals hit record levels

Montenegro tourist arrivals hit record levels

The National Tourism Organization of Montenegro says there were around 67,000 tourists in Montenegro yesterday, which is by 8% higher compared to the same period last year. Six coastal municipalities can’t wait for the first days of July to begin, as tourists start pouring in Montenegro, that is, in peak summer season they get three… READ MORE

This will be the best season in the past 30 years

This will be the best season in the past 30 years

Summer season has started really well and it’s already clear that it will be longer than it was before, said the President of the Montenegro Tourism Association, Žarko Radulović. “It’s so clear that the season started better than ever before. My estimates are that there are 10% more tourists and, therefore, the income will be… READ MORE

Wind farm on Možura will be finished by the end of July

Wind farm on Možura will be finished by the end of July

Chinese company “Shanghai Electric Power Engineering”, the main contractor in the construction of the wind farm on Možura, has set up 13 out of planned 23 wind generators so far. The objective of the investors is to complete the works by the end of July. It’s not familiar how much the investment amounted but the… READ MORE

Montenegro Airlines sees strong June

Montenegro Airlines sees strong June

Montenegro Airlines is continuing to register strong passenger growth in June after its numbers increased 27% last month. During the first two weeks of June, the carrier handled 31.860 travellers, representing an increase of 12% on last year. Over the two-week period, Montenegro Airlines carried 27.780 passengers on its scheduled flights, with the biggest increase registered… READ MORE

Montenegrin airports maintain growth

Montenegrin airports maintain growth

Montenegro’s two international airports have continued to registered strong passenger throughout May. Podgorica Airport welcomed 94.724 travellers last month, representing an increase of 19% on last year. Over the January – May period, Montenegro’s capital city airport handled 365.836 passengers, which is up 19.7% on 2017.   Month PAX Change (%) JAN 59.861 ▲ 17.8 FEB… READ MORE

Australia citizen among top investors in Montenegro

Australia citizen among top investors in Montenegro

After he had been travelling in the Balkans for a while, Australia citizen of Lebanese origin, Romi Havat, 4 years ago decided to invest in Montenegro. So far, he has invested 22 million euro in our state and that’s why now he’s also holding Montenegrin citizenship. In an interview for Pobjeda daily, he said he… READ MORE

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