Chinese investments involved investments in companies in Montenegro or their purchase, the purchase of real estate and so-called inter-company debt – companies from Montenegro borrowed money from companies from China. People’s Republic of China has become the largest investor in Montenegro with 70 million euros in direct investments from the beginning of this year to… READ MORE
There were 1,076,848 tourists who stayed in hotels, tourist camps and boardings across Montenegro last year, of whom 959,121 were foreigners, according to the preliminary data of the Statistical Office of Montenegro, MONSTAT, reports Dnevne Novine daily. This is by 12.7% higher compared to 2017, while the number of international overnights for the same period… READ MORE
According to the latest preliminary data of the Central Bank of Montenegro, CBCG, the net foreign direct investment (FDI) inflow in Montenegro from Jan. to Sept. amounted to EUR 218.39 million. Foreign investors invested a total of EUR 588.8 million in Montenegro, but the final amount is less than the last year’s one (when it… READ MORE
For people around the world Montenegro is becoming more and more attractive tourist destination. This year’s summer season is another one which will set record according tot he estimates made by National Tourism Organization. Beaches at the Montenegrin coast are full of bathers and there are currently around 200.000 tourists in Montenegro, mostly from the… READ MORE
About 73 500 tourists are currently staying in Budva, which is several percent more than last year, according to the director of the local tourist organization Mladen Franović. “Budva is full. This is the peak of the season and this is what we expected” Franovic said to the Television of Montenegro. He added that among… READ MORE
The Western Balkans may become an alternative location for direct foreign investment, the Vienna Institute for International Studies (WIIW) said in a recent report, stating that the principal reasons for this are underutilized workforce and improved infrastructure. In the WIIW’s report on regional business, it is stated that the influx of foreign direct investment in… READ MORE
Montenegro’s two international airports have registered strong passenger growth throughout the first quarter. Podgorica Airport welcomed 66.518 travellers in March, representing an increase of 18.7% on the same month last year. Over the first quarter, Montenegro’s capital city airport handled 181.381 passengers, which is up 18.1% on 2017. Serbia remains the largest country market from… READ MORE
Vujanovic congratulated Putin “I congratulate you on the re-election of the President of the Russian Federation. I am convinced that your term of office will be dedicated to the prosperity of all citizens of Russia. Respecting the tradition of good relations between our countries and nations, I am expressing my desire to improve our political… READ MORE
The United Arab Emirates (UAE) is the largest foreign investor in Montenegro. In the first 11 months of 2017, the UAE invested €92.8m in our country, according to data from the Central Bank of Montenegro (CBCG). This amount accounts for almost 1/6 of the total foreign direct investments, which were €538.3m. According to the CBCG… READ MORE
Foreign investors from 74 countries invested €380m in Montenegro in the first ten months of this year, which is almost 22% more than in the same period last year. The first three places hold the United Arab Emirates with nearly €87m, Russia with €50m and Azerbaijan with €45m, says the Central Bank of Montenegro… READ MORE
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