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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

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

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

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