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
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
Completion of works on “One and Only” on the first of this type in Europe of 5 star category, which gathers the world’s most famous brands, is very important, said Montenegro’s president, Mr Milo Đukanović, during his visit to Portonovi. Mr Đukanović also visited Institute Dr Simo Milošević in Igalo and the new department for membrane apheresis…. READ MORE
Coronavirus has seriously affected tourist season in Montenegro and projects in that sector. For 14 years of independence, renowned investors have been choosing Montenegro as prestigious destination that’s worth it. The situation hasn’t changed. On the contrary. On the coast almost €1,7 billion has been invested so far, mostly in the Municipality of Tivat. PORTO MONTENEGRO… READ MORE
The 70-meter-long super-yacht “Galactica Super Nova” sailed into the Porto Montenegro marina last night, writes the Boka news portal. This luxury yacht arrived yesterday from Dubrovnik and so far is the largest yacht to arrive in Porto Montenegro after the formal lifting of the ban on foreign yachts to prevent the spread of coronavirus. The… READ MORE
Prime Minister Duško Marković spoke today with with Austrian Federal Chancellor Sebastian Kurz, EU Commissioner for Neighbourhood Policy and Enlargement Oliver Varhelyi and Prime Ministers of the other Western Balkan countries. Mr Marković said that the coronavirus pandemic is an opportunity to show our unity and commitment to European values and principles and Montenegro will… READ MORE
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
The prestigious French daily “Le Monde”, as part of a weekly supplement, published an article on Montenegro as a luxury tourist destination. Journalist Julian Theves describes Montenegro as a new destination that attracts high-paying guests with luxury hotels, good restaurants, unconventional pools, but also with beautiful beaches and the spectacular Bay of Kotor. His two-page… READ MORE
Andrey Igorevich Melnichenko’s sailing yacht “A” sailed into the marina of Porto Montenegro. The yacht is very large – 143 meters or 469 ft with a beam of 25 meters or 82 ft. The yacht’s value is widely reported in the media to be over EUR 400 million or US$ 500 million. She has 8… READ MORE
The €340 million super-yacht Eclipse, one of the largest private yachts in the world owned by the Russian billionaire, Mr Roman Abramovich, has arrived in the Boka Bay. The yacht has 24 guest cabins, two pools, a nightclub, and even a missile defence system… The Russian billionaire spent £350 million for this yacht but some claim it cost… READ MORE