As part of its effort to improve regional integration in the Western Balkans, the EBRD is providing a €40 million loan to contribute to the financing of the reconstruction of 216 km of Montenegro’s main roads. The loan will be extended in three tranches to the Ministry of Transport and Maritime Affairs, according to the… READ MORE
The Lufthansa Group is considering expanding its presence in Montenegro following talks with the country’s airport operator in Podgorica yesterday. Manuel Meier, head of Ground Operations for Europe, CIS and Maghreb at the Lufthansa Group, held talks with the General Manager of Airports of Montenegro, Danilo Orlandić, where the two discussed potential growth opportunities and… READ MORE
Montenegro has shown sound financial stability in the region which is vulnerable itself, said the World Bank CEO Kristalina Georgieva. She met Montenegrin president Filip Vujanovic in Sofia on Wednesday. She added that the state would continue to successfully consolidate its finances with the bank’s support. Georgieva confirmed that Montenegro’s responsible attitude towards the WB… READ MORE
After all piers of the Moracica bridge on the priority section of the Bar – Boljare highway were installed, works on the girder construction of the highest bridge on the territory of former Yugoslavia have begun, CdM learns. The Moracica bridge contains five piers. It is 960 meters long and 23.40 meters wide. The highest… READ MORE