The construction of the Bar-Boljare highway priority section officially began on this day in 2015. A lot has been done in the last 24 months and photos from the field are the best proof that Montenegro will have ready its first section from Smokovac to Matesevo by 11 May 2019, Dnevne Novine writes. Works being… READ MORE
Montenegro may not be the first destination many American-based superyacht owners and crews think of when they are looking for an ultra-lux destination. But, the truth is, Porto Montenegro can accommodate any superyacht. In fact its recently been awarded The Yacht Harbour Association’s Superyacht Marina of Distinction Award. And for those of you who may… READ MORE
The Yacht Harbour Association (TYHA) presents highly coveted awards to superyacht and luxury lifestyle hotspots across the globe. Now, Porto Montenegro has captured the new Superyacht Marina of Distinction Award 2015-2017, reaffirming their position as one of the finest locations to berth in the world. Holding ‘5 Gold Anchors’ – the highest accolade for service… READ MORE
With Montenegro increasingly proving to be the hottest new luxury lifestyle destination on the map, we have high hopes for the Adriatic coast’s biggest opening of 2017 Set on the secluded shores of Montenegro’s picturesque Bay of Boka Kotorska – that magical scene where the mountains meet the sea – Portonovi will be an exclusive… READ MORE
World Bank (WB) has raised its forecast of growth of Montenegrin economy for 2017 by 0.5 percentage points to 3.6%. In its June report, WB predicted that the Montenegrin economy would strengthen to 3.1% this year. According to the forecasts, GDP should grow 3% in 2018. WB has also estimated the growth of Montenegrin economy… READ MORE
The executive director of the OT Logistics (OTL) company, Zbigniew Nowik, says that they are ready to invest €17.1m in modernizing the Port of Bar in the next 3 years. This Polish company was the only one to submit a bid for buying 30% of shares of the Port of Bar, ie 17 million shares…. READ MORE
The company “S & I Invest” from Podgorica submitted a request for a building permit for construction of a hotel complex with five-star “Falcons” in Budva, CdM has learned. Technical documentation is submitted to the Ministry of Sustainable Development and Tourism on December 30th, 2016. The hotel is about to be located along the coast,… READ MORE
Works worth €171.2m were carried out by the Chinese China Road and Bridge Corporation (CRBC), the main contractor on the priority section of the Bar-Boljare highway, by the end of 2016. This represents 21% of the amount agreed for designing and building this section, said the transport minister Osman Nurkovic, in an interview for Pobjeda…. READ MORE
Minister of Economy Vladimir Kavarić PhD met representatives of Chinese company NUCTECH during the 5th Summit of chiefs of governments of Central and Eastern Europe and China within cooperative project 16+1. The Summit is being held in Riga, and NUTECH is one of the largest Chinese companies in high tech field with its own innovations… READ MORE
Adriatic Properties’ offer for buying the Durmitor hotel in Zabljak was assessed as the best, the bankruptcy trustee of the hotel, Snezana Jovic, told Dnevne Novine newspaper. “Adriatic Property’s offer is the most favourable. We will inform the other bidders on the decision. They have a right to complain. After that, the contract will be… READ MORE
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