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Turkish investors build residential complex in Kotor

Turkish investors build residential complex in Kotor

The company “Design & CO” which is building a residential complex of five buildings in Kavac with Turkish funds has gained approval for the preliminary design for two additional residential buildings. Other buildings are under construction, while all five structures will together have 119 residential units. Chief State Architect Dusan Vuksanovic gave the approval and… READ MORE

Portonovi Resort opened in the Bay of Kotor

Portonovi Resort opened in the Bay of Kotor

The gates of Portonovi Resort, one of the most prestigious residential-type projects in this part of Europe, have been opened. Located at the entrance of the Bay of Kotor, Portonovi Resort spans over 26 acres and consists of 1.8 kilometres of an exclusive coastal area with 214 residences. The slogan under which Portonovi will present… READ MORE

Airports of Montenegro welcomed over 1 million passengers

Airports of Montenegro welcomed over 1 million passengers

National carrier “Montenegro Airlines” handled 262.954 passengers during the first half of 2019, representing an increase of 4.9%. In June, the company welcomed 77.348 passengers on board its aircraft which represent an increase of 5%.   I’m happy to say that today we welcomed over 1 million passengers in terms of international traffic, Director of the Airports… READ MORE

Twenty five new hotels in Montenegro

Twenty five new hotels in Montenegro

Hotel offer in Montenegro has become richer! Twenty-five new hotels with a total of 1.985 beds. As data of the Ministry of Sostainable Development and Tourism indicate, high.category hotels are dominant. Even six of them offer the services that meet the five-star standards. Accommodation structures of high category are increasing and numerous stimulating measures have… READ MORE

PM Marković opened Ski Resort Kolašin 1600

PM Marković opened Ski Resort Kolašin 1600

At the opening ceremony of the Ski Center Kolašin 1600, prime minister Duško Marković told that this project, like the rest of the government’s work when it comes to winter tourism and ski centers, will be a strong incentive for further development of the North and its overall progress.   PM Marković said: “”Today we… READ MORE

The Turks established 2,097 enterprises in MNE

The Turks established 2,097 enterprises in MNE

According to the 2018 available data, there are 2,097 enterprises in Montenegro established by the citizens of Turkey, while 2,863 physical and legal persons being the citizens of Turkey are registered as owners regardless of their share in the ownership, the Tax Administration clarified for CdM. The largest number of business organizations set up by… READ MORE

€4 million of investments in Mamula

€4 million of investments in Mamula

Preparation works on Mamula Fortress, or island Lastavica, which is located at the beginning of Bay of Kotor, will be over by May. Construction works will begin in the second quarter of this year. According to the information given by the investor, Orascom Hotels Management Mamula Montenegro, around €4 million will be invested. Adaptation and… READ MORE