Management of the Capital City is preparing a new project in the value of 20 million EUR, that entails a construction of a boulevard that should connect Petrovac and Cetinje highway, MINA Business learns. The project that entails a south-western by-pass road is to be implemented with International Financial Corporation IFC that is a part… READ MORE
The construction of the Bar-Boljare highway priority section officially began on this day in 2015. A lot has been done in the last 24 months and photos from the field are the best proof that Montenegro will have ready its first section from Smokovac to Matesevo by 11 May 2019, Dnevne Novine writes. Works being… READ MORE
Works worth €171.2m were carried out by the Chinese China Road and Bridge Corporation (CRBC), the main contractor on the priority section of the Bar-Boljare highway, by the end of 2016. This represents 21% of the amount agreed for designing and building this section, said the transport minister Osman Nurkovic, in an interview for Pobjeda…. READ MORE
Highway construction is difficult in every country and it differs by standards, while the construction itself does not change, said main expert of CRBC Hou Jinlong for Dan daily. “Highways in general are difficult to build, both in Montenegro and in China. There are always difficulties, but if you do not believe you can overcome… READ MORE
The Chinese company does not want to construct just 40km of the first Bar-Boljare highway section running from Smokovac to Matesevo. They are willing to construct the highway part running to Andrijevica. And not only that. “I hope that we will build the section running from Matesevo to Andrijevica, as well as the Verige bridge”,… READ MORE
Each of 26 wind power plants that were recently installed on Krnovo hill by Nikšić will be functional by the beginning of next year, said Emil Bakić, director of Akuo energy Med, for Weekend Edition of Dnevne Novine daily. The exact date the wind farm should start working was not set, because it mostly depends… READ MORE
Installing 26 wind turbines on the Krnovo hill near Niksic has been finished. The project is more than €140m worth and it is being implemented by the Austrian company Ivica Consulting and the French company Akuo Energy. 26 windmills installed “We were informed on Tuesday that the investor completed the installation of all 26 wind… READ MORE
The first energy bridge between the European Union and the Balkans was installed yesterday near the Jaz cape in the Kotor municipality. This submarine power cable will connect Montenegro with Italy. The cable is being constructed by Italian Terna company and Montenegrin Power Transmission System (CGES). Prime Minister Milo Djukanovic and Terna CEO Mateo del… READ MORE
EPCG will easily secure the money that will be used to finance Block II of TE Pljevlja, it was said from this company. TE Pljevlja “EPCG is fully liquid and it has more than 200 million EUR On its accounts, so the resources for TE Pljevlja will be easily procured”, EPCG said to Pobjeda. The… READ MORE
Montenegro’s tiny capital, Podgorica, isn’t one of Europe’s most frequented capital cities. Some regard it as unattractive and drab, and with its plethora of grey communist-bloc apartment buildings and numerous abandoned properties, it’s rather easy to jump to that conclusion. Others bemoan the fact that it’s boring and there’s not a lot to do. When… READ MORE