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Monthly Archives: October 2020

China has become the largest investor in Montenegro: The secret where Beijing invested 70 million

China has become the largest investor in Montenegro: The secret where Beijing invested 70 million

Chinese investments involved investments in companies in Montenegro or their purchase, the purchase of real estate and so-called inter-company debt – companies from Montenegro borrowed money from companies from China. People’s Republic of China has become the largest investor in Montenegro with 70 million euros in direct investments from the beginning of this year to… READ MORE

Hellenic Petroleum has allocated €130m for solar energy

Hellenic Petroleum has allocated €130m for solar energy

The oil company Hellenic Petroleum SA has completed the purchase of a powerful portfolio of photovoltaic solar projects in the wider region of Kozani in Greece, with a total value of 130 million euro, the company announced. Hellenic Petroleum, which has majority ownership over the Montenegrin Jugopetrol, says that the photovoltaic solar project would be… READ MORE

Foreigners invest €1.5 billion in Montenegro

Foreigners invest €1.5 billion in Montenegro

The new government is faced with many challenges provoked by global economic crisis, but we expect the government to continue to improve business environment and implement structural reforms. Digital transformation of the country must be strategic priority, representatives of the Council on Foreign Investors and Am Cham have said to Pobjeda. They said that member… READ MORE

Electricity from Montenegro goes to Greece, Malta, France

Electricity from Montenegro goes to Greece, Malta, France

Italian energy company Terna, which implemented energy connection project will continue to invest in Montenegro. As stated in the half-year report produced by Terna, Montenegro is likely to see additional investments in energy infrastructure, which would finally result in greater development of energy market. Terna is expanding its network towards France. Increase in the interconnection… READ MORE