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Investment

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

Stefan Savić and Tomislav Čelebić are building a small hydroelectric power plant

Stefan Savić and Tomislav Čelebić are building a small hydroelectric power plant

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

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

Exclusive resort to be built on Luštica

Exclusive resort to be built on Luštica

The Government of Montenegro has approved the urban-technical conditions for the construction of another exclusive resort on the Luštica peninsula, Dnevne novine states. This is a significant project for the state as well, because according to the Central Depository Agency (CDA), the state of Montenegro has 7.19 %of the ownership capital of Luštica development, while… 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

Foreigners invest €1.5 billion in Montenegro

Foreigners invest €1.5 billion in Montenegro

The new government is faced with many challenges provoked by global economic crisis, but we expect the government to continue to improve business environment and implement structural reforms. Digital transformation of the country must be strategic priority, representatives of the Council on Foreign Investors and Am Cham have said to Pobjeda. They said that member… READ MORE

Electricity from Montenegro goes to Greece, Malta, France

Electricity from Montenegro goes to Greece, Malta, France

Italian energy company Terna, which implemented energy connection project will continue to invest in Montenegro. As stated in the half-year report produced by Terna, Montenegro is likely to see additional investments in energy infrastructure, which would finally result in greater development of energy market. Terna is expanding its network towards France. Increase in the interconnection… READ MORE

The deadline for applying to the Entrepreneurship Development Program Line has been extended to September 14, 2020

The deadline for applying to the Entrepreneurship Development Program Line has been extended to September 14, 2020

Bearing in mind the great interest in the Program Line for Entrepreneurship Development, the Ministry of Economy has decided to extend the deadline to 14. September 2020 so that all those interested can apply. WHO? The right to participate have natural persons – potential entrepreneurs and existing companies that operate for a maximum of one… READ MORE

Tivat: from a small port to the best example of growth

Tivat: from a small port to the best example of growth

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