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Trade

Post office of Montenegro will start exchanging goods with Austria and Italy

Post office of Montenegro will start exchanging goods with Austria and Italy

Montenegro’s post office will start exchanging items with Austria and Italy tomorrow, April 22nd. According to the announcement, this transport line is established through regular road lines of Slovenia`s post office. Also, tomorrow, an exchange with Greece and Bulgaria will be organised through the Post Office of Serbia and Northern Macedonia. The list of countries… READ MORE

Cetinje: First International prosciutto fair in June

Cetinje: First International prosciutto fair in June

Cetinje will be a host of the first International Prosciutto Fair, which will be organized in Cetinje from 5 to 6 June 2020, under the auspices of the Tourist Organization of Cetinje and Montenegrin prosciutto cluster. Mayor of Cetinje Mr Aleksandar Kašćelan, said that Old Royal Capital produces around 300 thousand kg of prosciutto on… READ MORE

One & Only in Portonovi on the list of World’s Biggest Openings in 2020

One & Only in Portonovi on the list of World’s Biggest Openings in 2020

The One & Only Hotel in the Portonovi Resort in Kumbor has been listed as one of the most luxurious hotel in the world to open in 2020 by the influential American business magazine Forbes. “This Boka Bay retreat marks Dubai-based One & Only Resorts’ first foray into Europe. With six mountain-view pools, four distinct… READ MORE

Montenegro’s three biggest export products – aluminium, electricity and bauxite

Montenegro’s three biggest export products – aluminium, electricity and bauxite

According to the preliminary data on foreign trade exchange from the Statistical Office of Montenegro, in the first eight months Montenegro has exported goods worth €263,4 million. Compare with the same period last year, the export has maintained the same level. This year Montenegro mostly exports aluminium, electricity and bauxite. Ms Jadranka Kaluđerović, economic analyst… READ MORE

Glamorous resorts and beautiful backdrops at Boka Bay

Glamorous resorts and beautiful backdrops at Boka Bay

Boka Bay is where the sun, sea and sky collaborate to do their best work. Mountains plunge down into the meandering Adriatic, creating a fjord-like landscape bathed in Mediterranean sun. Ancient terracotta-roofed towns huddle along the shoreline and churches on miniature islands look as if they’re floating on the azure sea. Adding a little glitz… READ MORE

Tivat Airport studying nighttime operations

Tivat Airport studying nighttime operations

The Montenegrin company “Airports of Montenegro” has launched tender procedures to select a consultant which will elaborate and study the advantages of enabling Tivat Airport to handle flights during night time. The winner will have 150 days to finalise its findings in cooperation with relevant state authorities. The deal is worth 450.000 euros. Since its… READ MORE

Foreign investors confirm Montenegro’s a safe destination

Foreign investors confirm Montenegro’s a safe destination

Montenegro is a safe investment destination and investors from more than 100 countries have confirmed this fact. Our country is one of the most attractive investment destinations in the Mediterranean, especially in the field of tourism, real estate, energy and agriculture, said Montenegro’s ex-president, Filip Vujanović, at China & Central and Eastern Europe Cooperation Forum in… READ MORE

Montenegro – a small country of amazing wine

Montenegro – a small country of amazing wine

Montenegro can be characterized as a top wine producing country, as wine represents one of its most important agricultural products for export. The value of wine exports is almost twice the value of imported wine. Over the past decade, there were two trends particularly significant in the investment structure when it comes to the vinification:… READ MORE

Banks announce lower costs of card payments

Banks announce lower costs of card payments

There are 301.597 of payment card users: citizens, enterprises, entrepreneurs… The number of issued cards is higher by 136.024 or a total of 437.621, which means that somebody has one card, or more than one. People often complain that banks charge high fees for card transactions, especially credit card transactions. However, representatives of the Central… READ MORE

CKB takes over SocGen Montenegro

CKB takes over SocGen Montenegro

Crnogorska Komercijalna Banka a.d. (CKB), the Montenegrin subsidiary of OTP Bank, signed an acquisition agreement on purchasing 90.56 per cent shareholding of the Montenegrin Societe Generale a.d. (SGM), OTP Bank Plc. announced. “The agreed purchase price for 90.56 per cent shareholding of Societe Generale Banka Montenegro amounts to EUR 40,455, 538. The purchase price per… READ MORE

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