An investment of 39,62 milion is planned to be invest in the realisation of the Ritz Carlton Montenegro resort in Herceg Novi. The new resort in Herceg Novi,on Lustica peninsula will be built by renowned companies Northstar and Marriott. In the report on the investments realised in the first 11 months of 2019, in line… READ MORE
Mayor of Kotor, Mr Željko Aprcović, the director of the Direction for Organization and Construction of Kotor, Mr Zoran Mrdak and executive director of the company Bigova Bay, Ms Branka Lazarević, signed today in Kotor the agreement on the implementation of an investment – the construction of a tourist complex in Bigova. “The local government… 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
Preparation works on Mamula Fortress, or island Lastavica, which is located at the beginning of Bay of Kotor, will be over by May. Construction works will begin in the second quarter of this year. According to the information given by the investor, Orascom Hotels Management Mamula Montenegro, around €4 million will be invested. Adaptation and… READ MORE
“Qatari Diar” company will build an exclusive tourism complex, worth 270 million EUR, in the hinterland of the valley Pržno, in Krtoli near Tivat. This was announced at the meeting of the President of the Government Duško Marković and the representatives of this company. The company is part of the Qatari state investment fund. It… READ MORE
After joining NATO Alliance, Montenegro has become even more secure investment destination, which means potential investors now may count on support of all segments of Montenegrin society. Having in mind the extremely favorable geographic position, our country can be and even it is an investment “hub” for regional and broader market, said Branimir Gvozedović, the… READ MORE
Vice President of the Government for Economic policy and financial system, Milutin Simović, opened in Budva today, the jubilee 40th Building construction trade fair, 13th Fair of Plumbing and Sanitary Technology and 6th Energy trade fair. Partner country of the fair is People’s Republic of China. Simović pointed out that participation of the exhibitors from 18 countries serves… READ MORE
Economic programs are allowing foreign nationals to legitimately purchase citizenship or a residency permit – in return for a substantial investment. These programs have been in place in MNE as well and if you want to become a Montenegro citizen, you can do it for a €450,000 investment in already-developed part of the country, and… READ MORE
Apart from tourism, which is the most developed branch of economy in Montenegro, energetics, infrastructure and agriculture are sectors with enormous investment potential. These sectors are important for our economy because the domestic businessmen recognized them as opportunities for successful business. But that’s not the only reasons. These sectors are the most attractive to the… READ MORE
While taking a stroll down the Portonovi, one of the largest tourism projects in the Mediterranean, Prime Minister Duško Marković expressed immense satisfaction with works and the fact that Montenegro is to get another world brand and a prestigious high-end resort, with over 1,000 people recruited. “I’m here again after a year and two months… READ MORE