A unique, luxury nautical destination, Porto Montenegro, has been the most complete investment opportunity in the region for more than a decade. This attractive project includes luxury housing and renting residential facilities, a network of prestigious international brands and retail facilities, as well as an innovative marina with a full infrastructure with 450 docks –… READ MORE
Surrounded by breathtaking natural beauty Janu Montenegro, one of the new brand’s first properties, is currently under construction and will be open in 2022. Janu Montenegro will be the first hotel to incorporate the brand’s serviced residence concept, enabling guests to embrace the Janu lifestyle on a longer-term basis. The first resort destination by Janu… READ MORE
The company “Tenth Planet” from Tivat will build a four- and five-star tourist resort on the Lustica peninsula. In 2014, company announced that they plan to invest ten million euros in the resort. The main state architect Dragan Vukovic gave his consent to the conceptual architectural solution. The founder of the company is the company… READ MORE
The Government of Montenegro has rendered a decision to add another project on the List of development projects which are candidates for receiving economic citizenship. It’s Cruiser Hotel, which will be built in Budva. Plans are afoot for the construction of a hotel in accordance with the condo model, with five stars, 252 accommodation units,… READ MORE
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
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
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
According to data of the Statistical Office of Montenegro, MONSTAT, the average costs per square meter of flats in new buildings in Montenegro in the second quarter of this year amounted to 1.000 euro and was by 17.1% lower compared to last year, and by 6.4% higher than in the first quarter of 2020. “The… READ MORE
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
The company Bemax has published a new video from the construction site of the priority section of the Bar-Boljare highway. Works on the highway were not suspended during the pandemic and the first section is expected to be completed during the summer of 2021. The construction of the highway officially began in 2015. China’s “China… READ MORE