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Monthly Archives: November 2020

Montenegro one of the world seven most attractive family holiday destinations in 2021

Montenegro one of the world seven most attractive family holiday destinations in 2021

The UK edition of the National Geographic Traveler, the world`s most widely read travel magazine, has ranked Montenegro as one of the world seven most attractive family holiday destinations in 2021.  “This Adriatic escape is smaller than Northern Ireland, yet bursting with snow-capped mountains, jewel-box lakes, rushing rivers, charming towns and gregarious locals.” National Geographic… READ MORE

Strengthen the relations between Italy and the cities of Boka Bay

Strengthen the relations between Italy and the cities of Boka Bay

The Mayor of Tivat Željko Komnenović received yesterday the Ambassador of Italy to Montenegro, H.E. Luca Zelioli. “You are the first ambassador to visit Tivat after the change of administration in Tivat, and I thank you for that. I must note that the relations between Tivat and the Boka with Italy through history and tradition… READ MORE

Conde Nast Traveler: Montenegro first on the list of TOP holiday destinations in 2021

Conde Nast Traveler: Montenegro first on the list of TOP holiday destinations in 2021

The world famous travel magazine Conde Nast Traveler in its online edition has included Montenegro in the list of the 18 most beautiful holiday destinations in 2021. Conde Nast Traveler’s digital photography editor, Sophie Knight, has chosen Montenegro for her first trip next year. “I want to swim in huge untouched lakes, to hike in… READ MORE

Revenues from submarrine cable exceed €7 million

Revenues from submarrine cable exceed €7 million

Montenegrin Electricity Distribution System revenues totaled €37.306.530 in nine months, which represents a 20% decrease on the same period of 2019. When it comes to the undersea cable, Distribution system made a profit of €3.8 million from the allocation of cross-border capacities.     Total revenues exceed €7 million. During the coronavirus pandemic, Montenegrin Electricity… READ MORE

Stefan Savić and Tomislav Čelebić are building a small hydroelectric power plant

Stefan Savić and Tomislav Čelebić are building a small hydroelectric power plant

Ministry of Sustainable Development has issued building permit to “C&S Energy” Company for the construction of the small hydropower plant, Bjelojevićka 2 Mojkovac. This company is owned by Montenegrin football player Stefan Savić, and “Čelebić” Company, founded by Mr Tomislav Čelebić. Synergy Company has 1% share in C&S Energy. At the beginning of the year,… READ MORE

Investors from the United Arab Emirates interested in Montenegro

Investors from the United Arab Emirates interested in Montenegro

Investors from the Emirates are interested in investing in Montenegro, the Chamber of Commerce announced after the meeting of President Vlastimir Golubović with the Ambassador of the United Arab Emirates Nabil Abdelaziz Naser Saed Alshamsi. They also confirmed that stronger cooperation between the two countries would be essential for the realization of development of economic… READ MORE

Exclusive resort to be built on Luštica

Exclusive resort to be built on Luštica

The Government of Montenegro has approved the urban-technical conditions for the construction of another exclusive resort on the Luštica peninsula, Dnevne novine states. This is a significant project for the state as well, because according to the Central Depository Agency (CDA), the state of Montenegro has 7.19 %of the ownership capital of Luštica development, while… READ MORE

Drydocks World to be part of super-yacht marina project in Montenegro

Drydocks World to be part of super-yacht marina project in Montenegro

Sultan Bin Sulayem, Chairman and CEO of DP World, and Mohammed Al Shaibani, Chairman of Adriatic Marinas, sign off on new project for Drydocks World. The Dubai Government owned Drydocks World will take on a role in the redevelopment of a former shipyard site in Montenegro. The transformation of the Bijela Shipyard, Boka Bay will… READ MORE