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Economy

Airports in the region handled a record 29.8 million passengers

Airports in the region handled a record 29.8 million passengers

Airports across the former Yugoslavia handled a record 29.8 million passengers in 2019. For a second consecutive year, ten airports managed to welcome over one million travellers. Belgrade processed the largest number of new passengers, adding over half a million, and saw the biggest percentage growth among capital city airports. Airport Passengers 2019 Passengers 2018… READ MORE

Montenegro Airlines: 2019 busiest year in the history of the company

Montenegro Airlines: 2019 busiest year in the history of the company

The national air carrier Montenegro Airlines handled 657 276 passengers during the 2019 representing an increase of 2% on the year before. It added an extra 12 457 travellers, marking the busiest year in its 25-year history. During the previous year, the number of flights increased 2%. Montenegro Airlines recorded growth on almost all of… READ MORE

Montenegro takes over chairmanship of the Central European Initiative (CEI)

Montenegro takes over chairmanship of the Central European Initiative (CEI)

The Central European Initiative (CEI) Summit Meeting of the Heads of Government is taking place at the Farnesina. The meeting is chaired by Prime Minister of Italy Giuseppe Conte. Prime Minister Duško Marković arrived earlier today in Rome. At the Summit, Montenegro will take over from Italy the rotating chairmanship of this oldest and largest… READ MORE

Sunday Times about Montenegro: The millionaire’s playground

Sunday Times about Montenegro: The millionaire’s playground

A small, rocky and beautiful Balkan country has something for everyone, says Alexandra Goss, whose recent review of Montenegro and its real estate was recently published in the famous Sunday Times. “When you request €100 from a cash machine in Porto Montenegro, it spits out a crisp €100 note, which tells you pretty much all… READ MORE

FDI inflow exceeds €2,2 billion

FDI inflow exceeds €2,2 billion

In the past three years, FDI inflow exceeded €2,2 billion, said Prime Minister, Mr Duško Marković at the occasion of celebrating of 10 years since the establishment of the Investment Development Fund. “This great result is the fruit of well-shaped economic policy. Such balances are characteristics of stable states, with stimulating business environment”, said Mr… READ MORE

British Airways to launch Podgorica flights

British Airways to launch Podgorica flights

British Airways will launch a seasonal one weekly service from London Heathrow Airport to Podgorica in 2020. Flights from the UK’s capital to Montenegro will start on July 4 and run until August 29, with a total of nine return services planned. British Airways is launching three brand new destinations from its London Heathrow hub…. READ MORE

Cetinje: First International prosciutto fair in June

Cetinje: First International prosciutto fair in June

Cetinje will be a host of the first International Prosciutto Fair, which will be organized in Cetinje from 5 to 6 June 2020, under the auspices of the Tourist Organization of Cetinje and Montenegrin prosciutto cluster. Mayor of Cetinje Mr Aleksandar Kašćelan, said that Old Royal Capital produces around 300 thousand kg of prosciutto on… READ MORE

Podgorica Airport maintains growth

Podgorica Airport maintains growth

One of two international airports in Montenegro – Podgorica Airport served a total of 106.566 passengers in October, representing an increase of 10.7% compared to the same period last year. This is despite the number of aircraft movements decreasing 9.2% to 642. Over the elapsed ten months, Podgorica Airport welcomed 1.137.480 travellers through its doors,… READ MORE

Cyber security is an important part of defense policy development

Cyber security is an important part of defense policy development

General director for Defence Planning Process, Mr Ivica Ivanović, took part in the 5th CYBERSEC Forum in Katowice, south Poland, to discuss 5G security, cyber defence and geopolitical challenges in the development of digital technology. The forum’s initiator and main host is the Kosciuszko Institute, a Polish non-governmental research institute established in Krakow in 2000…. 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