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Montenegro

Ministry of Economy begins implementation of third package of measures

Ministry of Economy begins implementation of third package of measures

The Ministry of Economy has announced a public call for participation in the procedure of allocating funds for the Programme for Improving the Competitiveness of the Economy for 2020. For this Programme, which includes 17 program lines it has been allocated EUR 5,080. Also, within the III set of measures to support the economy, the… READ MORE

Famous Italian singer Zucchero is coming to Montenegro next year

Famous Italian singer Zucchero is coming to Montenegro next year

The famed Italian singer Anselmo Fornaciari Zucchero is coming to Podgorica to perform in next year’s edition of the City Groove Festival. Zucchero enjoys an excellent reputation on the international music scene due to his unique live appearances and the Montenegrin audience will for the first time have an opportunity to enjoy his concert on… READ MORE

New incentive laws for innovation and technological development adopted

New incentive laws for innovation and technological development adopted

Yesterday, the Government of Montenegro adopted two new laws – the Law on Innovation Activity and the Law on Incentive Measures for the Development of Research and Innovation. “These laws represent the basic measure for strengthening the IT economy and the functioning of the national innovative ecosystem and provide a wide range of benefits and… READ MORE

Montenegro to open its borders to Russian tourists

Montenegro to open its borders to Russian tourists

This week Ministry of Tourism will propos to the National Coordination Body to enable Russian tourists to come to Montenegro. The National Coordination Body would render such decision within set of measures to mitigate consequences of COVID-19, especially in the area of tourism. Media have reported earlier that Russian tourists express great interest in Montenegro…. READ MORE

Incentives for innovative activities

Incentives for innovative activities

Minister of Science Sanja Damjanović presented today the new stimulating legislative framework for innovation and technological development. With these laws, Montenegro opens new opportunities – a wide range of benefits and incentives for the development of innovative economy and startup companies, offers the same conditions for domestic and foreign companies and thus becomes an attractive… READ MORE

Ministry of Economy: numerous economy support programmes begin

Ministry of Economy: numerous economy support programmes begin

The Minister of Economy Dragica Sekulić, during the presentation of the Third Government package of socio-economic measures said that the program for economy support includes short-term and long-term measures. “Through the third package of short-term measures, the Ministry of Economy will start with the salary subsidies from 1 August. EUR 18 million are planned by… READ MORE

Montenegro might open borders for Russians as of 1 August

Montenegro might open borders for Russians as of 1 August

The National Coordination Body has been considering the possibility of the eventual opening of Montenegro’s borders for Russia citizens as of 1 August.   This decision would certainly make tourism officials extremely happy, having in mind the fact that Russians are extremely interested to come in Montenegro. So far, Montenegro has opened its borders for… READ MORE

€1,7 billion invested in projects on the coast

€1,7 billion invested in projects on the coast

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

Montenegro is leader in the EU accession process

Montenegro is leader in the EU accession process

European Union has a clear interest in stability and progress of Montenegro and the region, it was stated at today’ meeting between Montenegro’s Prime Minister Mr Duško Marković and President of the European Council Mr Charles Michel. “Montenegro is the leader in the accession process!” Mr Michel congratulated Montenegro on opening the last negotiating chapter… READ MORE