Enter your keyword

Economy

Entry into Montenegro is allowed for everyone

Entry into Montenegro is allowed for everyone

The ban on interurban travel on weekends is to be abolished in Montenegro, and the entry into the state will be allowed without the obligation of testing for coronavirus, as announced at the press conference of the Montenegrin Ministry of Health and the Public Health Institute. Entry into Montenegro is allowed to all without special… READ MORE

Luxembourg’s flag carrier Luxair will launch flights to Podgorica on February 12, 2021

Luxembourg’s flag carrier Luxair will launch flights to Podgorica on February 12, 2021

Luxembourg’s national carrier Luxair, will start flying to Podgorica this February, and plans to expand operations over the coming year. The company stresses that flights to Podgorica and Tivat will be their priority in 2021, the Ex-Yu Aviation News reported. This airline has upgraded its service to Podgorica to year-round operations, and is going to… READ MORE

New hotel to be constructed in Budva

New hotel to be constructed in Budva

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

Strengthen the relations between Italy and the cities of Boka Bay

Strengthen the relations between Italy and the cities of Boka Bay

The Mayor of Tivat Željko Komnenović received yesterday the Ambassador of Italy to Montenegro, H.E. Luca Zelioli. “You are the first ambassador to visit Tivat after the change of administration in Tivat, and I thank you for that. I must note that the relations between Tivat and the Boka with Italy through history and tradition… READ MORE

Conde Nast Traveler: Montenegro first on the list of TOP holiday destinations in 2021

Conde Nast Traveler: Montenegro first on the list of TOP holiday destinations in 2021

The world famous travel magazine Conde Nast Traveler in its online edition has included Montenegro in the list of the 18 most beautiful holiday destinations in 2021. Conde Nast Traveler’s digital photography editor, Sophie Knight, has chosen Montenegro for her first trip next year. “I want to swim in huge untouched lakes, to hike in… READ MORE

Revenues from submarrine cable exceed €7 million

Revenues from submarrine cable exceed €7 million

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

Investors from the United Arab Emirates interested in Montenegro

Investors from the United Arab Emirates interested in Montenegro

Investors from the Emirates are interested in investing in Montenegro, the Chamber of Commerce announced after the meeting of President Vlastimir Golubović with the Ambassador of the United Arab Emirates Nabil Abdelaziz Naser Saed Alshamsi. They also confirmed that stronger cooperation between the two countries would be essential for the realization of development of economic… READ MORE

Drydocks World to be part of super-yacht marina project in Montenegro

Drydocks World to be part of super-yacht marina project in Montenegro

Sultan Bin Sulayem, Chairman and CEO of DP World, and Mohammed Al Shaibani, Chairman of Adriatic Marinas, sign off on new project for Drydocks World. The Dubai Government owned Drydocks World will take on a role in the redevelopment of a former shipyard site in Montenegro. The transformation of the Bijela Shipyard, Boka Bay will… READ MORE

China has become the largest investor in Montenegro: The secret where Beijing invested 70 million

China has become the largest investor in Montenegro: The secret where Beijing invested 70 million

Chinese investments involved investments in companies in Montenegro or their purchase, the purchase of real estate and so-called inter-company debt – companies from Montenegro borrowed money from companies from China. People’s Republic of China has become the largest investor in Montenegro with 70 million euros in direct investments from the beginning of this year to… READ MORE

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