The European Commission has recommended the opening of external borders for Montenegro and other western Balkan countries from 1 July. “The Commission recommends Schengen Member States and Schengen Associated States to lift internal border controls by 15 June 2020, to extend temporary restrictions on non-essential travel to the EU until 30 June and to set… READ MORE
Ms. Nataša Bajat, who has been living and working in New York since 1997, loves to spend summertime at home -Herceg Novi, and last week she started her own business. To assure a safe and pleasant stay to foreign tourist in Montenegro Natasa is providing transfers from Tivat Airport to Herceg Novi by a motor… READ MORE
In the past years Montenegro has carried out many reforms that resulted in the increase in competitiveness and transparency, as well as in the improvement of operating conditions. As a result, Montenegro has become more attractive to foreign investors, explained the President of the Montenegrin Foreign Investors Council, Mr Christoph Schön. At the cocktail organized… READ MORE
Around 33.810 companies operated in Montenegro last year. The majority was registered in Podgorica, 12.560 of them. There were 4.540 companies in Budva and 3.090 in Bar. More than 99 firms were in private ownership. “Comparing the data from the last year with those from 2017 and 2016, there has been an increase in the… READ MORE
President of Montenegro, Milo Đukanović, had e meeting in Berlin with the representatives of the Eastern German Economy Committee, the strongest promoter and advocate of representative of interests in the Eastern European countries. President of the Management Board of OAOEV, Michael Harms, expressed his satisfaction with the encounter with president Đukanović, stating that economic cooperation… READ MORE
Text entitled “Montenegro runs and invites Italian small and medium enterprises” (Il Montenegro corre e chiama le Pmi Italiane) was published today in one of the most influential Italian magazines, “Corriere della Sera” – “L’Economia”,in the column “Investments abroad”. As the magazine states, Montenegrin GDP has quadrupled since 2000, taking out loans has become… READ MORE
Good political and bilateral relations between Montenegro and Turkey are marked with stronger and stronger economic cooperation and increase of foreign direct investments, was the conclusion drawn at the meeting of the Prime Minister, Duško Marković, and Turkish Ambassador Serhat Galip during his farewell visit to Marković’s Office. “Montenegro and Turkey are states that cherish… READ MORE
Montenegro Airlines is today marking its 24th anniversary. The company was founded on October 24, 1994 by the then Federal government of Yugoslavia. The airline purchased its first aircraft, a Fokker 28 jet named Lovćen, in 1996 after which it commenced scheduled flights. Over the years the airline has modernised its fleet and expanded its… READ MORE
Austrian Chancellor Sebastian Kurz and the President of Montenegro Milo Đukanović, along with the president of the Chamber of Commerce Vlastimir Golubović, will open a two-day conference on economy, which will take place in Budva on 25-26 October. Prime minister Duško Marković, Edi Rama, Ramuš Haradinaj, Vjekoslav Bevanda, Kočo Anđušev and Rasim Ljajić, will speak on the conference main topic “the Western Balkans… READ MORE
The EBRD is promoting the implementation of a fair and competitive business environment in Montenegro with a capacity building project for the national Agency for the Protection of Competition. The project includes training for staff and judges on merger and antitrust cases, the introduction of econometric software to analyse competition cases and activities to raise… READ MORE