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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

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

€1,7 billion invested in projects on the coast

€1,7 billion invested in projects on the coast

Coronavirus has seriously affected tourist season in Montenegro and projects in that sector. For 14 years of independence, renowned investors have been choosing Montenegro as prestigious destination that’s worth it. The situation hasn’t changed. On the contrary. On the coast almost €1,7 billion has been invested so far, mostly in the Municipality of Tivat. PORTO MONTENEGRO… READ MORE

Around 40 million to be invest in Ritz Carlton Montenegro in 2020

Around 40 million to be invest in Ritz Carlton Montenegro in 2020

An investment of 39,62 milion is planned to be invest in the realisation of the Ritz Carlton Montenegro resort in Herceg Novi. The new resort in Herceg Novi,on Lustica peninsula will be built by renowned companies Northstar and Marriott. In the report on the investments realised in the first 11 months of 2019, in line… READ MORE

Shifei: We’ll do our best to finish the highway project on time

Shifei: We’ll do our best to finish the highway project on time

Works on the first kilometers of the Montenegrin highway are nearing completion. Although the exact date hasn’t been set yet, the first man of the Chinese company China Road and Bridge Corporation (CRBC), Mr Kang Shifei, says that they will do their best to finish the first section by the established deadline. “Construction works are… READ MORE

Kotor is getting a new luxury resort

Kotor is getting a new luxury resort

Mayor of Kotor, Mr Željko Aprcović, the director of the Direction for Organization and Construction of Kotor, Mr Zoran Mrdak and executive director of the company Bigova Bay, Ms Branka Lazarević, signed today in Kotor the agreement on the implementation of an investment – the construction of a tourist complex in Bigova. “The local government… READ MORE

Montenegro has become prestigious tourism destination

Montenegro has become prestigious tourism destination

Western Balkans region should put its natural and cultural potential into the function of tourism economy, harmonised with modern demand of the world market. Montenegro has become prestigious tourism destination. However, only a unified, diverse and wider tourism offer of the region countries can be valued more efficiently on the international market, it was said… READ MORE