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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

Tivat: from a small port to the best example of growth

Tivat: from a small port to the best example of growth

Tivat is the promoter of new tourism values, but not only that – it also promotes overall European values. From a small port, a dormant seaside town, to a town that can serve as an example of all other regions in Montenegro, said president of Montenegro, Mr Milo Đukanović, during his visit to this municipality…. READ MORE

UNIPROM: opening of aluminium billets factory

UNIPROM: opening of aluminium billets factory

Prime Minister Duško Marković said today at the opening of a new aluminium billets/logs factory within the company UNIPROM KAP that the European path is a process of thoughtful strategic transformation of all segments of our society, including our industry. “Every new product is a new job and a new opportunity for every employee to… READ MORE

Montenegro one of the top destination for South African investors

Montenegro one of the top destination for South African investors

Many South Africans are investing in Europe and according to experts from Sable International the top destinations for investors from South Africa are Montenegro, Malta and Portugal. Attractive tax incentives are also high on the list of priorities for South African investors and Montenegro has one of the lowest personal income tax rates in the… READ MORE

Ministry of Economy begins implementation of third package of measures

Ministry of Economy begins implementation of third package of measures

The Ministry of Economy has announced a public call for participation in the procedure of allocating funds for the Programme for Improving the Competitiveness of the Economy for 2020. For this Programme, which includes 17 program lines it has been allocated EUR 5,080. Also, within the III set of measures to support the economy, the… READ MORE

Montenegro to open its borders to Russian tourists

Montenegro to open its borders to Russian tourists

This week Ministry of Tourism will propos to the National Coordination Body to enable Russian tourists to come to Montenegro. The National Coordination Body would render such decision within set of measures to mitigate consequences of COVID-19, especially in the area of tourism. Media have reported earlier that Russian tourists express great interest in Montenegro…. READ MORE

MONTENEGRO OFFERS DIGITISATION SUPPORT

MONTENEGRO OFFERS DIGITISATION SUPPORT

During the presentation of the Third Government package of economic measures, Minister of Economy Dragica Sekulić, said that the Ministry of Economy have allocated EUR 10 million for the Programme for improving the competitiveness of the economy, which includes 17 programme lines. One of them is Digitisation Support Program Line, intended for entrepreneurs, micro, small… READ MORE

Ministry of Economy: numerous economy support programmes begin

Ministry of Economy: numerous economy support programmes begin

The Minister of Economy Dragica Sekulić, during the presentation of the Third Government package of socio-economic measures said that the program for economy support includes short-term and long-term measures. “Through the third package of short-term measures, the Ministry of Economy will start with the salary subsidies from 1 August. EUR 18 million are planned by… READ MORE

Montenegro celebrates the national holiday – Independence Day

Montenegro celebrates the national holiday – Independence Day

The Ministry of Labor and Social Security of Montenegro reported that on the occasion of the upcoming public holiday – Montenegrin Independence Day, non-working days will be Thursday, May 21, and Friday, May 22. “State and local self-government bodies, state institutions and companies, as well as other enterprises and organizations engaged in social activities, are… READ MORE