Deep canyons, snow-capped mountains, and water as blue as a sapphire…. Welcome to Montenegro! This tiny Balkan nation boasts of everything beautiful and exotic; scenic views constantly retelling tales of a fantasy land. Cobbled streets, mosaic floors of Roman Villas, and ancient high walls speaks volume of its rich heritage. Coastal towns, surreal islands, and… READ MORE
Establishing the power exchange in Montenegro is a step towards a free wholesale power market. It is to provide transparent trade and the establishment of benchmark wholesale price, and also enhance competition, says the economy minister, Dragica Sekulic in an interview with Pobjeda newspaper. She added that our power market was small, so the full… READ MORE
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
The State of Qatar and the Republic of Montenegro have signed an air transport agreement allowing the national carriers of the two countries to perform unlimited number of passenger and cargo flights, with full transport rights. The agreement was signed in Doha by HE the Minister of Transport and Communications Jassim Seif Ahmed al-Sulaiti and… 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 Ministry of Economy says that this year, in which Montenegro chairs the Central European Free Trade Agreement (CEFTA), has been one of the most demanding since the conclusion of agreement. “The negotiations on two additional protocols – on trade facilitation and liberalization of trade in services, have been brought to conclusion in the year… READ MORE
The Council for Privatization and Capital Projects announced today a public invitation for participation in the tender for the privatization of the Port of Bar, via selling shares. The subject of the tender is the sale of 17.03 million shares of Luka Bar, or 30 percent of the share capital currently owned by the Government… READ MORE