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
American companies are interested in investing into the capital of Montenegro. This was the subject of today’s meeting and such attitude was reported by the co.founder of the company Ice Gliders, Sevastian Ploščanski and Deputy President of IBG & Plate Group, Farsard Kai. “City administration has the ambition to implement significant capital projects, and in… READ MORE
PM Duško Marković opened today the newly-built Terminal 2 at Tivat Airport – the first investment since 2006, when the existing airport building was built. Marković used this opportunity to point out that he sees the cooperation between the Government and the Management of Airports as an example to be followed by others in Montenegro…. 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
According to the latest data, Montenegro has been one of the fastest growing economies in the region and even beyond its borders, with a 4.8% growth rate in the first half of this year. It has already been recognized as one of the most attractive tourist destinations in the Mediterranean and one of the fastest… READ MORE
This winter season, ski center Savin Kuk and its surroundings are completely unrecognizable. Next summer, the investment story, worth one million EUR, will definitely be completed. That means that artificial snow-making will be enabled in Žabljak. The new road was constructed and there will be less traffic jams at the bottom of Savin kuk. The… READ MORE
President of Montenegro, Milo Đukanović, presented today the bases of Individual investment program at the 12th Global Residence and Citizenship Conference that is taking place in Dubai today, hosted by Henley and partners. Đukanović presented the ideas of Montenegro, in the context of introducing the program of economic citizenship based on attracting foreign direct investments…. READ MORE
This year’s winter season, we are going to have the 60-kilometer long ski runs, with 250 km of skiable surfaces for skiing fans, said Pavle Radulović, the minister of sustainable development and tourism. During the business lunch organized by the U.S. Chamber of Commerce, AmCham, he told the construction works on Bjelasica are progressing well, while… READ MORE
Montenegrin NATO membership strengthened macroeconomic stability and built up investors’ trust. That reflects best in the increase in the inflow of foreign direct investments, which amounted 244,4 million EUR for the seven months of this year. “The biggest inflow of FDI came from NATO Members: Italy (16,5% of the total inflow), Hungary (12%),… READ MORE
Prime Minister Duško Marković met with the non-resident ambassador of Arab Republic of Egypt Abdelrahman Salahaldin. The satisfaction about friendly relations between Montenegro and Egypt was mutual and they both showed interest for the improvement of bilateral cooperation and acceleration of the political dialogue. The Prime Minister thanked the ambassador for the contribution to the… READ MORE