The first transaction using UnionPay card in Montenegro was made yesterday in Atlas Bank in Podgorica, which is the first bank in Montenegro that enabled that the card of this brand be accepted at the ATM, POS and e-Commerce terminals. Transaction was made by Mr. Wei Zhihong, director of the International Market and General Director… READ MORE
“Qatari Diar” company will build an exclusive tourism complex, worth 270 million EUR, in the hinterland of the valley Pržno, in Krtoli near Tivat. This was announced at the meeting of the President of the Government Duško Marković and the representatives of this company. The company is part of the Qatari state investment fund. It… READ MORE
According to the latest preliminary data of the Central Bank of Montenegro, CBCG, the net foreign direct investment (FDI) inflow in Montenegro from Jan. to Sept. amounted to EUR 218.39 million. Foreign investors invested a total of EUR 588.8 million in Montenegro, but the final amount is less than the last year’s one (when it… READ MORE
Podgorica Airport has continued to post strong passenger growth by handling 96.248 travellers in October, representing an increase of 11.4%. During the January – October period the airport welcomed a record 1.066.341 passengers through its doors, up a notable 15.7% on 2017. As a result, Podgorica added an additional 145.399 travellers compared to last year…. READ MORE
Polar Empress, the ship that is to start a 3D seismic research of the Ulcinj offshore area for oil and gas exploration, arrived at the Port of Bar around 10pm last night. The ship will stay in the Port of Bar for the next 2 days, the Port Captaincy of Bar confirmed for Pobjeda daily…. READ MORE
Montenegro Airlines’ CEO Živko Banjević has said the company is “still here, stronger and more stable” as the government mulls its future involvement in the carrier. During the January – October period, the airline handled 576.000 passengers with six aircraft on 6.704 flights. As a result, it added an extra 68.751 travellers, representing an increase… READ MORE
This winter season, ski center Savin Kuk and its surroundings are completely unrecognizable. Next summer, the investment story, worth one million EUR, will definitely be completed. That means that artificial snow-making will be enabled in Žabljak. The new road was constructed and there will be less traffic jams at the bottom of Savin kuk. The… READ MORE
President of Montenegro, Milo Đukanović, presented today the bases of Individual investment program at the 12th Global Residence and Citizenship Conference that is taking place in Dubai today, hosted by Henley and partners. Đukanović presented the ideas of Montenegro, in the context of introducing the program of economic citizenship based on attracting foreign direct investments…. READ MORE
Montenegrin Electricity Transmission System and German Development Bank (KfW) signed the contract on loan worth 20 million EUR. The purpose is the construction of electric and energy infrastructure on peninsula Luštica. “This project includes the construction of the new substation in Radovići, extension of a substation in Tivat, installation of underground cables connecting the substation… READ MORE