Real estate market in Montenegro has revived. Latest preliminary data published by Statistical Office of Montenegro (MONSTAT) shows that the apartment price has increased by 11,6%. Some real estate agencies believe that NATO membership had an impact on real estate growth. However, they conclude that most of foreigners usually decide to buy an apartment in… READ MORE
Hungarian companies have invested over €470m in Montenegro since 2004. When it comes to investment volume, Hungary is the fifth biggest Montenegrin partner, president Filip Vujanovic said. After meeting with Hungarian counterpart Janos Ader, who is in a two-day official visit to Montenegro, he said that Hungarian companies invested more than €34m in Montenegro last… READ MORE
The Niksic-based company Metalac, which was acquired on 1 August by Termochem from the Czech Republic, has launched the production process, planning to employ approximately 70 workers by the end of the year. The Executive Director of Metalac Termochem, Zivorad Krsmanovic, says that the company currently has around 40 workers. He said at a press… READ MORE