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Economy

Turkish investors build residential complex in Kotor

Turkish investors build residential complex in Kotor

The company “Design & CO” which is building a residential complex of five buildings in Kavac with Turkish funds has gained approval for the preliminary design for two additional residential buildings. Other buildings are under construction, while all five structures will together have 119 residential units. Chief State Architect Dusan Vuksanovic gave the approval and… READ MORE

Budva the most visited city in Montenegro

Budva the most visited city in Montenegro

During the 2019 tourists from more than 170 world countries have visited Riviera of Budva. As representatives of Tourist Organisation of Budva report, most arrivals and overnights were made by guests from Russia, Serbia, Bosnia and Herzegovina, Germany and Ukraine. The fact that guests from Germany were dominant is encouraging, as Germany is considered the… READ MORE

Montenegro was declared star of the Mediterranean

Montenegro was declared star of the Mediterranean

According to the latest report by the European Travel Commission, Montenegro is the Star of the Mediterranean in the first quarter of 2019. As Croatian “Jutarnji list” writes, according to the European statistical data, in the first three months of this year, Montenegro recorded 29% of overnights and 49% of arrivals. Experts are warning that… READ MORE

Bill Gates and Dan Snyder on vacation at Sveti Stefan

Bill Gates and Dan Snyder on vacation at Sveti Stefan

The world’s second-richest person, Bill Gates, continued his blowout summer getaway in Montenegro, and today he is spotted in Sveti Stefan with the American millionaire, Daniel Snyder. According to CdM, they came to Montenegro by Mr Snyder’s megayacht. Dan Snyder is the majority owner of the Washington Redskins – American football team, founder of Snyder Communications and… READ MORE

Montenegrin hotels have welcomed half a million tourists already

Montenegrin hotels have welcomed half a million tourists already

In the first six months of 2019, more than half a million tourists have been recorded in Montenegrin hotels. That’s’ 23,6% more tourists, or 12,5% beyond the results recorded in the same period in 2018. New preliminary data provided by the Statistical Office of Montenegro (Monstat) indicate a very successful season in relation to collective… READ MORE

New five star hotel “Villa Geba” on Adriatic coast

New five star hotel “Villa Geba” on Adriatic coast

The exclusive five-star boutique hotel was opened on the Montenegrin coast. The new premium quality hotel Villa Geba is located at Sveti Stefan, few kilometres from the tourist centre of Montenegro – the city of Budva. The gathered guests from Montenegrin public life, as well as guests from abroad, it was presented this unique hotel,… READ MORE

Montenegro seeks Malta flights

Montenegro seeks Malta flights

The Montenegrin Minister for Sustainable Development and Tourism, Pavle Radulović, has said the country is seeking to establish nonstop flights to Malta. Montenegro also plans to create special travel packages outside of the busy summer season for visitors from the island nation. Last week, Mr Radulović held talks with the Maltese Ambassador to Montenegro to… READ MORE