Invest Montenegro
Montenegro property
 Register for updates:
 Name:
 Email
 

News

Montenegro News | Updated from thousands of local and international sources keeping investors up to date on Montenegro Property and Montenegro Investments

Six percent more tourists in Montenegro, 30.08.2010.
In Montenegro is staying 68 970 tourists, which is six percent more compared to same period last year.
   
 

Porto Montenegro becomes a border crossing, 27.08.2010.
As of Wednesday, August 25, Tivat-based Porto Montenegro has officially started to operate as a border crossing.
   
 

JAT & Montenegro Airlines to Join Forces, 26.08.2010.
Srdjan Radovanovic, the General Director of Serbia's national carrier JAT Airways, said on Wednesday that the company will establish a partnership with Montenegro counterpart 'Montenegro Airlines' (MA) as of October 31.
   
 

Big global companies are still interested in Montenegro, 25.08.2010.
As the tender for the research and production of gas and oil in the Montenegrin sea approaches, the interest of investors, big global companies, in Montenegro is growing.
   
 

Montenegro most attractive for Russian tourists, 24.08.2010.
Association of Russian tour operators and tourist agency "Rusturizam" published an annual list of popular foreign destination for Russian tourists in the Montenegro and Croatia share eighth place popular destinations for summer season 2010.
   
 

Porto Montenegro To Open International Knighstbridge School, 23.08.2010.
Porto Montenegro has announced its partnership with Knightsbridge Schools International to open a premier school for the community and residents of one of the most prestigious ports around, Porto Montenegro.
   
 

Montenegro Reaches for Respectability With Port, 20.08.2010.
TIVAT, Montenegro — “This is better than St. Tropez,” Milo Djukanovic, the prime minister of Montenegro, exclaimed as he took in a display of yachts berthed in this mountain-shrouded bay on the eastern shore of the Adriatic Sea.
   
 

Arabians to come to Tivat, 19.08.2010.
Shareholders of hotel and tourist company Primorje had to decide whether they agree with the sale of Plavi horizonti complex, which is situated at the one of the most beautiful locations at the Montenegrin coast, and the sale of land in Bonici.
   
 

Foreign owners equal with Montenegrin, 18.08.2010.
Tax on real estate is determined by local self-governments, which keep the revenue from the tax, reads the statement of the Macedonian Ministry of Finance. The tax rate is determined on the basis of the Act on Real Estate Tax.
   
 

Ronaldinho visits Montenegro, 17.08.2010.
One of the most famous football players of our time forward Ronaldo de Assis Moreira, better known as Ronaldinho or Ronaldinho Gaucho, on Saturday was the guest of the city-hotel Sveti Stefan, where he was staying at a luxurious villa Sofia Loren.
   
 

Seven possibilities for the development of the Montenegrin north, 12.08.2010.
Seven springs in the north of Montenegro, from which waterworks of municipalities of Mojkovac, Andrijevica, Berane, Rozaje and Plav are supplied, have potential and a small hydro power plant and a bottling plant could be built in each of them.
   
 

Montenegrin citizenship can be gained by investing 500000 euros, 11.08.2010.
The Government of Montenegro, on the basis of decree on the criteria for determining the scientific, commercial, economic, cultural and sporting interests, is opening the "economic citizenship" program.
   
 

Canadian Billionaire Peter Monk vows to complete Porto Montenegro super yacht marina, 05.08.2010.
One of the most prominent foreign investors in Montenegro, Barrick Gold's founder Peter Munk said on Monday he will continue to spend as much as is needed to complete a major yachting marina here.
   
 

Montenegrin government has adopted the Strategy on Regional Development, 02.08.2010.
Montenegrin government has adopted the Strategy on Regional Development of Montenegro from 2010 to 2014, which should contribute to exploitation of the country’s potentials for the purpose of improving the standard of all citizens
   
 

Eddie Jordan soon to become Montenegrin citizen, 30.07.2010.
TIVAT - Former majority owner of Formula 1 Eddie Jordan should soon, few weeks from now, become a Montenegrin citizen and will begin the procedure of opening his own company with headquarters in Tivat.
   
 

The model of privatisation of Montenegro Airlines is changing, 22.07.2010.
The Government of Montenegro will change the model of privatisation of the national airline company Montenegro Airlines and it will enable the potential buyer of 30 percent of state shares to acquire a majority share after two years.
   
 

The sale of tourist complex "Inex Gold Coast" set for Septembar, 21.07.2010.
Opening of the bids for the purchase of real estate and equipment of hotel and tourist complex "Ineks Gold Coast" in Sutomore, has been delayed for 19 September, was announced today by the Privatization Agency of Serbia.
   
 

Montenegro could be next country to start EU accession negotiations, 20.07.2010.
Montenegro will probably be the next country to start EU accession negotiations, says Jelko Kacin, an MEP and Vice President of the European Parliament Delegation for Southeastern Europe
   
 

Visit to National Parks of Montenegro, 19.07.2010.
National Park "Lovćen" since May, according to estimates made by management, visited by approximately 20 000 tourists, which is 130 percent more than for the same period last year.
   
 

Montenegro: Good investment environment brings 5,000 foreign companies, 16.07.2010.
Statistical reports that more than 5,000 foreign companies from 86 countries operate in Montenegro at the moment speaks best about the investment environment.
   
 

Foreign investments in Montenegro increased by 30 percent, 15.07.2010.
According to preliminary data, the net inflow of direct foreign investments in Montenegro amounted to EUR 164m in the period from January to April 2010, which is 30 percent more than in the same period 2009.
   
 

World Bank: Montenegro is one of the most open countries, 12.07.2010.
Montenegro is one of the most open countries in the world for foreign investments, according to a new report the World Bank (WB), called "Investing Across Borders 2010".
   
 

Porto Montenegro in July, 08.06.2010.
New, exclusive marina Porto Montenegro, which was designed by the team of Reardon Smith Architects, will welcome its first residents and visitors in July.
   
 

Montenegro releases tender for for the granting of franchise rights for the economic use of Bijela port, 05.07.2010.
Montenegro Port Authority has recently released an announcement for investors to participate in a public tender for the granting of franchise rights for the economic use of the port which is located in the Land Registry Council of Bijela for a period of 30 years.
   
 

"Queen's chair" an exclusive restaurant is opened in Milocer, 02.07.2010.
Restis group last night in Milocer opened exclusive restaurant reconstructed "Queen's Chair " which operates within the hotel complex Aman - Sveti Stefan
   
 

Good opportunity for investors in Montenegro , 01.07.2010.
Spatial plan of special purpose Bjelasica and Komovi (PPPN) has great use value because it creates a foundation to attract potential local and foreign investors to invest in the area
   
 

Vienna Insurance Group in Montenegro, 30.06.2010.
The market entry of the Vienna Insurance Group in Montenegro is making good progress.
   
 

Montenegro New Trademark Law Gives 12-month Deadline to TM Owners, 29.06.2010.
The Montenegrin parliament is expected to adopt a new trademark law in early July. The law will enter into force on the 8th day from its publication in the Official Gazette of Montenegro.
   
 

Austrian-Japanese Tie-in Ivicom-Mitsubishi To Build 90 Mln Euro Wind Farm in Montenegro, 28.06.2010.
An Austrian-Japanese consortium of Ivicom Consulting and Mitsubishi Heavy Industries will invest up to 90 million euro ($110 million) to build a wind farm in Montenegro, the Montenegrin government said on Thursday.
   
 

Montenegro took over the presidency over SEECP, 25.06.2010.
In the meeting of the South-East European Cooperation Process (SEECP) in Istanbul, Montenegro took over the presidency of this regional initiative from Turkey.
   
 

Bungee Jumping in Montenegro from the Tara Bridge, 24.06.2010.
Take a trip into the mountains of Montenegro and jump into the world’s most beautiful and Europe´s deepest canyon – the Tara Gorge.
   
 

Rupert Murdoch's 56-meter yacht "Rosehearty" visits Porto Montenegro, 23.06.2010.
Tivat - an imposing 56-meter yacht "Rosehearty," which is owned by one of the world's leading media magnate, an American billionaire Rupert Murdoch, arrived yesterday in New Tivat marina for mega yachts "Porto Montenegro".
   
 

Golf attracting entrepreneurship in Montenegro, 22.06.2010.
The Ministry of Physical Planning and Environment Protection is working hard on a new strategy and great attention will be paid to the golf sector, which is environmentally friendly and can considerably increase the incomes from tourism.
   
 

Slovak foreign minister opens new embassy in Montenegro, 21.06.2010.
Slovak Foreign Affairs Minister Miroslav Lajčák opened a new Slovak Embassy in Podgorica, capital of Montenegro, on Tuesday, June 15, ministry spokesman Peter Stano announced
   
 

Montenegro attracts more French's , 18.06.2010.
Montenegro is very attractive to the French tourists who have shown increasing interest for the coast and inland region, assessed by the Minister of Tourism, Predrag Nenezic and ambassador to France, Dominic Gazi.
   
 

NATO and Montenegrin Ministers discuss membership aspirations, 17.06.2010.
On 16 June, the Foreign and Defence Ministers of Montenegro, Milan Rocen and Boro Vucinic, met with NATO Secretary General Anders Fogh Rasmussen and the North Atlantic Council (NAC) at the Alliance’s Headquarters in Brussels.
   
 

CEI member states gather in Budva to exchange views on regional cooperation, 16.06.2010.
The Ministers of Foreign Affairs of the CEI Member States will gather for their annual meeting on 15 June 2010 in Budva (Becici). On this occasion, the Ministers will have an opportunity to exchange views on “Regional Cooperation in the Context of European Integration”.
   
 

Senior Chinese legislator meets Montenegrin parliament speaker, PM to boost bilateral ties, 15.06.2010.
PODGORICA, June 14 - Visiting senior Chinese legislator Chen Zhili Monday met separately with Montenegrin parliament speaker Ranko Krivokapic and Prime Minister Milo Djukanovic to boost bilateral ties.
   
 

Sveti Stefan, a trademark of Montenegrin tourism, will finally open on July 5th, 14.06.2010.
After nearly three and a half years, as "spent in the dark" city-hotel Sveti Stefan, a trademark of Montenegrin tourism, will be open, but only part, for this summer season.
   
 

Montenegro plans tender for at least 10 new hydro-power and wind power plants, 11.06.2010.
The Montenegrin government will announce in September the tender for the construction of at least ten new small hydro power plants on rivers and other watercourses in the north of Montenegro
   
 

United States Funds New Montenegro Agriculture and Tourism Projects, 10.06.2010.
U.S. Ambassador to Montenegro Roderick W. Moore visited four northern Montenegrin municipalities, Bijelo Polje, Plav, Berane and Kolasin, on June 7-8 to announce U.S. support for several new projects in those municipalities. During the visit, Ambassador Moore also met with local officials and citizens.
   
 

Montenegro government discusses plans for Bjelasica and Komovi Region, 09.06.2010.
In Podgorica on Tuesday, organized by the Ministry of Physical Planning and Environment, was held sixth meeting of the Council to monitor the project of Bjelasica and Komovi
   
 

Montenegro government presents real estate projects at Milan fair 08.06.2010.
A delegation from the Ministry of Physical Planning and Environment, headed by Minister Branimir Gvozdenovic, will attend over the next few days the international real estate fair EIRE 2010th in Milan, where he will represent Montenegro's potential for investment in different sectors.
   
 

Montenegro and Czech Republic singed agreement on investment protection 07.06.2010.
Representatives of the governments of Montenegro and Czech Republic signed an amended agreement on reciprocal promotion and investment protection.
   
 

Summit of finance ministers from Balkan countries in Montenegro, 04.06.2010.
Today 04. of June, Becici will host the second summit of finance ministers and central bank governors of South-East Europe, organized by the Economist Media Group.
   
 

Montenegrin economy is restructured the best in the region, 03.06.2010.
Montenegrin Vice President of the Government and Minister of Finance Igor Luksic said that the Montenegrin Government would continue reducing business obstacles to the lowest possible level and attract foreign investments
   
 

Central Bank reports FDI in Montenegro increases, 02.06.2010.
The net inflow of foreign direct investment (FDI) in Montenegro through March rose by an annual 43.9% to a preliminary 129.2 million euro ($158million), the central bank said on Wednesday the 2nd of June
   
 

The British are going to invest 10 million euro in Montenegro, 01.06.2010.
On Saturday the head of the UK-based company Extreme hotels Jeff Parkinson visited Kolasin, where he presented the design of a hotel with 130 rooms
   
 

Eddie Jordan, bought his peace of paradise in Montenegro, 31.05.2010.
Famous Irish businessman and former owner of a Formula 1 team, Eddie Jordan, has purchased a luxury apartment in the elite nautical-tourist centre "Porto Montenegro" in Tivat
   
 

Montenegro Spurns Communism for Free-Market Economy - Washington Times, 28.05.2010.
Of all the people you know, friends, family and acquaintances, who has done the most to benefit his country and/or the world?
   
 

Cuba and Montenegro Sign Cooperation Protocol, 27.05.2010.
Montenegro’s foreign minister Milan Croce, described as a historic step today the signing of a memorandum of cooperation with his Cuban counterpart, Bruno Rodriguez Parrilla, which will allow systematizing bilateral contacts.
   
 

EBRD assesses that Montenegrin GDP to increase by 0.1% in 2010, 26.05.2010.
The European Bank for Reconstruction and Development (EBRD) assesses that the Montenegrin gross domestic product (GDP) will increase by 0.1 percent this year
   
 

Spanish Montenegro consortia to build 96MW wind power farms, 25.05.2010.
Montenegro said it expects to shortly sign contracts with two consortia for the construction of two wind farms with a combined capacity of 96 megawatts (MW)
   
 

Montenegro top performer among non-EU members, 24.05.2010.
Montenegro is from 11 Eastern European countries that are not members of the European Union EU, with a grade of 4.19, the closest to fulfilling the goals of the Lisbon strategy of economic and structural reforms, according to a new report of the World Economic Forum WEF.
   
 

Montenegro - planed 1.1 billion euros resort town on the Adriatic coast, 20.05.2010.
Montenegro and Swiss-based developer Orascom Development ORDH.CA(ODHN.S) announced plans on Monday to develop a 1.1 billion euros ($1.36 billion) resort town on the Adriatic coast.
   
 

Orascom, Montenegro to build 1.1 bln euro resort, 18.05.2010.
Montenegro and Swiss-based developer Orascom Development announced plans on Monday to develop a 1.1 billion euros ($1.36 billion) resort town on the Adriatic coast.
   
 

Montenegro ideal for golf development, 17.05.2010.
The American company Hurdzan Fry Environmental Golf Design was chosen in the tender to do Golf Development Strategy of Montenegro, it is announced from the Ministry of Spatial Planning and Environment
   
 

Five star hotel project to commence in Montenegro‎, 13.05.2010.
The company "Bolici" and the Municipality of Podgorica have announced yesterday that they obtained the conditions to begin construction of a hotel complex in Podgorica, which will operate as part of the world famous hotel chain Marriott
   
 

"Hilton" to be built in Budva, 12.05.2010.
British company "Eueco" that owns a piece of land in Budva, near the Old Town, on the waterfront, is ready to start building immediately a hotel which would be operated by Hilton chain
   
 

Montenegro: New investment & tax initiative with Belgium, 11.05.2010.
The Montenegrin government has taken a number of steps to promote foreign investment
   
 

OECD about the investment climate in Montenegro, 10.05.2010.
With adoption of some laws Montenegro has made significant progress in reforming of the economic legislation. This is the opinion of the Organization of Economic Cooperation and Development (OECD)
   
 

Montenegro- East Cote d'-Azur, 07.05.2010.
The German magazine Die Welt published an article about Montenegro. The author notes that the excavators are working, as if there is no crisis.
   
 

Montenegrin delegation to present current investment climate to US companies, 06.05.2010.
American Chamber of Commerce AmCham in Montenegro has organized a visit of the Montenegrin delegation to the United States for May 6th, 2010.
   
 

Turkish and Germany investors interested in construction of Berane Airport, 05.05.2010.
Negotiations with investors from Turkey and Germany on the construction of the airport in Berane to begin in late May, told Mayor Vuka Golubovic to the Radio Montenegro
   
 

Montenegro to become crossroad of European transport axis, 04.05.2010.
At the meeting of all 18 members of the Central Initiative CEI, it was confirmed that Montenegro officially became part of the project drawing traffic axes.
   
 

Montenegro prepared for a good season, 04.05.2010.
According to the report of the World Travel and Tourism Council, the contribution of that sector to the gross domestic product will be increased from 20.8 percent last year to 25.6 percent or EUR 1.79bn until 2019.
   
 

Lonely Planet: Come to Montenegro in June, 30.04.2010.
By the choice of world famous tourist guides "Lonely Planet ", one of the best places to vacation in June is Montenegro.
   
 

Four teenagers to kayak, hike, cycle and paraglide across Montenegro for cancer charity, 29.04.2010.
FOUR teenagers have set themselves a gruelling challenge of kayaking, hiking, cycling and paragliding across Montenegro to raise money for a charity which helps young people fight cancer.
   
 

In May, Chicago will host conference on Montenegro, 28.04.2010.
In mid-May the American Chamber of Commerce will hold a conference in Chicago aimed to attract American investors in Montenegro
   
 

Bay watch: Montenegro, 27.04.2010.
In the 1950s and 1960s the Balkan Riviera was the place to dock if you were avoiding ex-lovers in gossipy Portofino and wanted more exclusivity than Monte Carlo.
   
 

Ambitious plans for tourism workers of Kolasin and Budva, 26.04.2010.
The Director of the Tourist organisation of Kolasin Nikola Medenica reported on the joint participation with colleagues from Zabljak in the tourism exhibition in London.
   
 

Porto Montenegro is preparing for the season, 23.04.2010.
The harbour of Porto Montenegro is focused on the completion of the construction of the residential house “Teuta”, which should be completed by the beginning of the summer tourist season.
   
 

Central Bank reports FDI in Montenegro increases 1.7% to €27.6m in January, 2010, 22.04.2010.
The inflow of direct foreign investments in Montenegro amounted to EUR 27.6m in January, according to a report of the Central Bank of Montenegro (CBCG).
   
 

Slovenska Plaza, Budva to open for tourists from April 21st, 21.04.2010.
On Wednesday, April 21, the first guests will arrive to the tourist settlement Slovenska plaza in Budva, and hotel Aleksandar will be opened for tourists on May 1
   
 

Montenegro to progress privatization through strategic partnerships, 20.04.2010.
With the goal of realisation of big projects in the future, the Government plans to issue shares intended for strategic investors
   
 

Investors from 86 countries on the first Montenegro Investment forum, 19.04.2010.
During the first British-Montenegrin investment forum in London, President of the Montenegrin Government Milo Dukanovic said that he knows that investors are primarily interested in the stability and legal security in the country in which they want to invest.
   
 

EUR 25mn loan to Montenegro for housing project anticipated, 16.04.2010.
The Council of Europe Development Bank (CEB) will approve next month a EUR 25mn loan to Montenegro , regional minister Branimir Gvozdenovic said.
   
 

Russian investors do not lose interest investing in Montenegro, 15.04.2010.
Investors from Russia during this year, could invest up to 500 million euros in development projects in Montenegro, was announced yesterday during the first Montenegrin-Russian business forum which will be held until 17 April in Becici, Budva.
   
 

Ski season in Montenegro will last until May , 13.04.2010.
Winter tourist season and ski centre Kolasin 1450, is ongoing and skiing will be until the May, was confirmed by the director Ivana Peković.
   
 

4 percent more tourists in Budva than last year, 12.04.2010.
The Tourist Organisation of Budva stated that 1,620 guests are staying in Budva Riviera, which is 4 percent more than in the same period last year.
   
 

Cheaper transport for tourists coming to Montenegro, 09.04.2010.
A part of the bus transporters will reduce the price of return tickets for every trip to Montenegro by 40 percent
   
 

Montenegro offer a good chance for investments, 08.04.2010.
Montenegro establishes a liberal regime and offers a wide range of opportunities for investment, it was stated from the U.S. State Department.
   
 

Brad Pitt and Angelina Jolie in Montenegro, 07.04.2010.
Hollywood actors Brad Pitt and Angelina Jolie were in the former Yugoslav republic of Montenegro on Tuesday in the medieval coastal town of Budva following a visit to Bosnian refugees.
   
 

More than 11,000 tourists in Montenegro during the Easter holidays, 06.04.2010.
During the Easter holidays in Montenegro visited more than 11,000 tourists, reported the National Tourism Organization of Montenegro
   
 

Montenegro to expect potential investors from Brazil, Russia, India and China, 05.04.2010.
Montenegro, as a potential European Union member, should get ready for the arrival of potential investors from Brazil, Russia, India and China.
   
 

More direct flights from Europe to Montenegro, 31.03.2010.
Montenegro's national airline company Montenegro Airlines welcomes the summer season with eight aircraft with regular flights to 14 different destinations.
   
 

Italy will import Montenegro renewable energy to hit 2020 EU targets, 30.03.2010.
Italy would need to boost imports of renewable energy to meet a 17 percent target in its total energy use set by the European Union for 2020, Italian energy market operator GME said on Tuesday.
   
 

Significant increase of foreign investments in Montenegro, 30.03.2010.
In 2009 there was a significant inflow of foreign direct investment, which is primarily a result of privatization and recapitalization of "EPCG" and recapitalization of banks
   
 

Montenegro ranked 42nd in the World Economic Forum's competitiveness league, 29.03.2010.
Montenegro is 42nd on the list of 133 countries of the World Economic Forum's competitiveness in the field of ICT. Compared to last year improved by 29 positions.
   
 

New hotel complex in Tivat, Montenegro, 26.03.2010
One of the biggest world funds for the construction of infrastructure and real estates, Qatari Diar, whose owner is the state of Qatar, became the partner of Tivat-based hotel-tourist company Primorje
   
 

NATO acknowledges extraordinary progress in 2 years by Montenegro, 25.03.2010.
On Thursday, March 18, Podgorica was the host to high NATO official Mark Fitzgerald, who said that Montenegro has realised extraordinary progress in the past two years and the Alliance is looking forward to its accession.
   
 

Hotel Queen of Montenegro, Becici re-opens March 28, 2010 24.03.2010.
Hotel Queen of Montenegro in Becici is the first in Budva riviera to be opened on Sunday, March 28, after the usual winter break and detailed preparations for the next season
   
 

Montenegro expecting more tourist from France than last year, 23.03.2010.
By the end of this year is expected to have more than 20 thousand tourists travelling from France to Montenegro by the aircraft of Montenegro airlines
   
 

Montenegro's island-hotel Sveti Stefan to re-open on 1st of July 2010. 22.03.2010.
Budva - Island-hotel Sveti Stefan will receive their first guests on 1st July, while the spectacular opening of this unique resort, which has been closed for almost three years to tourists and the public, will be organised in early September
   
 

EBRD Montenegro Investment Forum in London, 19.03.2010.
European Bank for Reconstruction and Development in association with Developing Markets Associates and the Embassy of Montenegro in the UK will host Montenegro Investment Forum
   
 

Montenegro's National Tourism Organisation will open representative office in London, 18.03.2010.
National Tourism Organization, is planing to open representative office in London by the end of this or during the next year, where are many specialized tourist agencies who are extremely interested in Montenegro as a destination
   
 

Montenegro's toruist offer in MITF, 17.03.2010.
The National Tourism Organisation of Montenegro, in cooperation with the Ministry of Tourism, strategic partners and tourist economy, will present the Montenegrin tourist offer in the international tourist fair MITF 2010, which will be held in Moscow from March 18 to 20.
   
 

Montenegro properties will be presented at MIPIM real estate fair, 16.03.2010.
Investment potential of Montenegro this year will also be presented at the largest international real estate fair, MIPIM 2010, which begins tomorrow in Cannes.
   
 

Montenegro can expect groups of tourist in April, 12.03.2010.
The 44th international fair of tourism "ITB 2010" which was opened yesterday, on 10th of March among other countries the tourist offers of Montenegro was presented as well.
   
 

Slovenian Times - Investment tip: Keep an eye on the Tivat marina, 11.03.2010.
Four years after independence from Serbia, Montenegro has seen a massive real estate boom.
   
 

Old prices for the torist season in Montenegro, 10.03.2010.
Minister of Tourism Predrag Nenezić said that this year the prices of tourist services will remain the same, and that will work on improving private housing and small hotels, for which government demand in the market in the region.
   
 

More tourists in Montenegro than last year, 09.03.2010.
In Montenegro, at the moment is staying 3.6 thousand tourists, two percent more than in the same period last year, was stated from the Ministry of Tourism.
   
 

Redevelopment plans for hotel Mediteran in Montenegro costal city of Ulcinj, 08.03.2010.
Hotel Mediteran property owner, Becovic Management Group ("BMG"), will visit Ulcinj this week, along with international resort development consultants from California and Ireland, to complete detailed due diligence and project feasibility evaluations.
   
 

EUR 100m more for the marina in Montenegro, 05.03.2010.
Company Adriatic Marinas will invest additional EUR 100m in the construction of residential facilities and expand the marina in Porto Montenegro by 100 new berths.
   
 

Montenegro in Shanghai, 05.03.2010.
In the largest World's Fair World Expo 2010, which will be held in Shanghai from May to October, Montenegro will present its economic potential, as well as the natural and cultural heritage.
   
 

Spain for cooperation in tourism with Montenegro 04.03.2010.
Ambassador of the Kingdom of Spain to Montenegro Inigo de Palacio Espana believes that the tourism of Montenegro is developing in the right direction
   
 

Montenegro Set to Flourish for Sailing, 03.03.2010.
Montenegro, once the stylish playground of Hollywood icons Elizabeth Taylor, Sophia Loran and Kirk Douglas, is due to flourish again.
   
 

Montenegro among Andrew Harper's 2010 Grand Award Winners, 03.03.2010.
Andrew Harper is the pseudonym of a gentleman traveler who, frustrated by commercially driven travel coverage, began writing his own candid reviews of smaller, unique hotels.
   
 

New offer for sky lovers in Montenegro, 02.03.2010.
On Friday in Kolasin the National Tourist Organisation (NTO) within the bounds of STARS program of the State Agency for International Development (USAID) presented a new type of tourist offer
   
 

Norman Foster will design hotels on the Montenegrin coast, 01.03.2010.
The Ministry of Physical Planning and Environmental Protection of Montenegro held a meeting with representatives of one of the most famous companies in the field of architecture and design Foster & Partners and representatives of the Atlas Group.
   
 

The Prime Minister of Montenegro offers to place the building of the former Italian Legation in Cetinje at the disposal of Italy, 26.02.2010.
As part of the Government Program “Cetinje - City of Culture 2010-2013”, which plans town revitalisation projects aiming to tap into the rich cultural heritage of the Old Royal Capital of Montenegro
   
 

National Tourism Organisation of Montenegro in the fair in Belgrade, 25.02.2010.
The argument that potential guests will choose Montenegro this year is the price, but also wide range of recreational programs, as well as a sense of security and safety during the holidays, stated the director of the National tourist organisation Sasa Radovic
   
 

Mirax ensured the money, 24.02.2010.
Russian Mirax group obtained a loan of EUR 20m and plans to complete the 38 exclusive mansions in the cape of Zavala in Budva with that money
   
 

High grades by U.S. for Montenegro, 23.02.2010.
Very successful visits of Prime Minister of Montenegro Milo Djukanovic to Washington is a great incentive to further relations between Montenegro and the United States
   
 

Port of Bar interested to Italians, 22.02.2010.
Delegation of Italian businessmen met with the Minister of Transport, Maritime Affairs and Telecommunications Andrija Lompar to discuss the possibilities of participation of their companies to tender for the Port of Bar.
   
 

Budva in the International Tourism Exchange in Milan, 19.02.2010.
The Tourism Organisation of Budva will present its offer to the Italian market in the International Tourism Exchange in Milan from February 18 to 21
   
 

Budva: Great expectations for the next tourist season, 18.02.2010.
Hotel group Budvanska rivijera will invest around EUR 2m in the reconstruction of the hotel capacities, and the group announced that the work should be finished by the beginning of April.
   
 

Montenegro interesting for Belgian investors, 17.02.2010.
Montenegrin Prime Minister Milo Dukanovic and Belgian Prime Minister Yves Leterme signed two bilateral agreements
   
 

Egypt interested in investing in Montenegrin energy and tourism, 17.02.2010.
Montenegro and Egypt have extremely good and friendly relations, the future of which is primarily in the economic cooperation
   
 

Turkish company is interested in Montenegrin projects, 16.02.2010.
Turkish company “Kolin Construction” is seriously interested in investing in Montenegro municipal infrastructure.
   
 

Montenegro counts upon Israel tourists, 15.02.2010.
National Trade Association (NTO) participated in Mediterranean Tourist Fair IMTM 2010, which took place in Tel Aviv on February 9th 2010.
   
 

The Montenegro ministry of Tourism report, 15.02.2010.
The Minister of Tourism Predrag Nenezic announced its report about tourism development during the Second Austrian Business Circe Montenegro
   
 

The Ukraine ambassador meets Montenegrin businessmen, 12.02.2010.
Kiev and Podgorica should concentrate on joint development of tourism, energy and telecommunication sectors
   
 

International Tourism Fair, equipment for hotel and catering - Budva, 10.02.2010.
During 3 days in Budva starting from 10th of February, you can see a wide range of offers, from apartments, private villas, hotel accommodation, to cheaper accommodation from all parts of Montenegro
   
 

Foreign investments in Montenegro increased by 60 percent, 09.02.2010.
Until the end of November last year, net direct foreign investment in Montenegro increased by 59.6 percent
   
 

Montenegro, Italy to ink 700 mln EUR energy deal, 08.02.2010.
Montenegro and Italy will sign a 700 million euro ($959.9 million) deal that will lead to the construction of a high-voltage cable between the two Adriatic countries
   
 

Montenegro selected for Tourism for Tomorrow award 2010, 05.02.2010.
The World Travel & Tourism Council (WTTC) announced the 12 finalists for the 2010 Tourism for Tomorrow Awards.
   
 

Development of nautical tourism in Montenegro, 04.02.2010.
During 2009, tourist activities also developed in the ports of nautical tourism (marinas) in Montenegro and a great increase in the traffic of vessels and passengers was realised.
   
 

Environmental tourism for conquering the market, 04.02.2010.
Montenegro and all its beauties are on the pages of world tourist magazines once again.
   
 

Montenegro as a model of sustainable development, 03.02.2010.
On Friday, January 29, Minister of Tourism Predrag Nenezic participated in a conference held in the Faculty for International Studies at the University of Columbia.
   
 

Budva's Hotel Astoria received the Diamond recognition, 03.02.2010.
Budva-based hotel Astoria is the winner of the prestigious recognition Diamond Leadership Award
   
 

Atlas group finally able to take Meljine , 02.02.2010.
PODGORICA - Atlas Group formally gained all the conditions to legally take ownership of the military hospital in Meljine.
   
 

Montenegro’s Two Stock Exchanges Approve Merger, 02.02.2010.
The shareholders of Montenegro’s two stock exchanges approved their merger on Friday in a move expected to enhance trading and boost liquidity on the tiny capital market, the bourses said.
   
 

Branimir Gvozdenovic, Minister of arrangement of space and environmental protection, 01.02.2010.
Great Beach remains a priority project for the Government of Montenegro, is undoubtedly the largest in the region.
   
 

Moody's: Possible Montenegrin credit rating improvement , 29.01.2010.
International financial research agency Moody’s could by the end of July change the credit rating of Montenegro from negative to stable.
   
 

Montenegro Property Investment - Buy Now For Big Capital Gains, 29.01.2010.
Buying property in Montenegro for investment offers anyone wanting to invest in property a superb opportunity for big capital gains.
   
 

Chinese bank to help Montenegro build ship fleet, 28.01.2010.
China's Exim Bank Tuesday pledged a $47.7 million (euro33.71 million) loan to the Montenegrin state sailing company to help the country build a new merchant fleet.
   
 

Foreign hot spots revealed for UK property investor , 27.01.2010.
Overseas property agency Property Venture has revealed its top investment choices for the UK investor for 2010.
   
 

Deadline for submitting bids for Bar Port privatization extended, 26.01.2010.
The deadline for submitting bids for the privatization of the Montenegrin Port of Bar has been extended by two months, Radio Television of Montenegro (RTCG) announced.
   
 

Montenegro and the State of Brunei Darussalam established formal diplomatic relations at an ambassadorial level, 25.01.2010.
Continuing expanding its diplomatic network in Southern Asia, yesterday, on Monday January 18, 2010, the Ambassadors, Permanent Representatives of Montenegro and the State of Brunei Darussalam to the United Nations (UN) in New York City, N.Y., USA, respectively T.Exc. Messrs.
   
 

Aman commended by "Hideaway Report" & "Gallivanter's Guide", 22.01.2010.
Two customer magazines, which belong to the group of most in the tourism industry, declared Amanresorts for exclusive company, a villa in Milocer tourist election of the year, according to Portal Analytics.
   
 

US backs Montenegro's bid to join NATO, 21.01.2010.
US Secretary of State Hillary Clinton on Wednesday threw US support behind Montenegro's bid to join NATO as the Balkan country pursues political reforms.
   
 

Montenegro’s Ski Resorts Break Visitor Records, 20.01.2010.
About 3,500 skiers and snowboarders headed to Montenegro’s winter resorts last weekend, thus setting a record in the amount of guests seen by the resorts in just a couple of days, Serbian media wrote today.
   
 

Montenegro's .me domain name gain, 19.01.2010.
When it comes to top level domain names, some countries are luckier than others.
   
 

Podgorica ranked 119 in Cost of Living Index of 276 International Cities, 18.01.2010.
Podgorica has an overall cost of living index which equates it with middle cost of living locations.
   
 

Companies from Dubai and Beirut want Bar port, 18.01.2010.
Podgorica. Companies from Dubai and Beirut have bought tender documents for the privatization of a portion of the port of Bar.
   
 

AEA Welcomes Three New Airline Members, 18.01.2010.
The Association of European Airlines , representing Europe’s most important network carriers, has expanded its membership to 36 from the beginning of January, with the addition of Aegean Airlines, Air Baltic and Montenegro Airlines.
   
 

“Freedom in the World 2010” report classed Montenegro with the status of a free country, 15.01.2010.
Freedom House (non-governmental organisation) has released it's “Freedom in the World 2010” report.
   
 

New York Times Names Montenegro's "ULCINJ SOUTH COAST" and Hotel Mediteran Ulcinj Among "Top 31 Places to Go in 2010" , 14.01.2010.
Travel Editors of the New York Times have compiled their "Top Places to Go" guide for 2010. The New York Times has identified the Ulcinj south coast region of Montenegro, including Ada Bojana and Velika Plaza, as among the top 31 travel destinations to visit in 2010.
   
 

Montenegro property set to see fast recovery predicts protal, 12.01.2010
Montenegro property has endured the financial crisis well and is set to see a fairly rapid recovery portals have claimed.
   
 

Israel ready for investments in Montenegro, 11.01.2010.
Minister of Foreign Affairs Milan Rocen and Israeli Minister of Tourism Stas Miseznikov determined that there was a realistic possibility for investments of Israeli investors into attractive tourist projects in Montenegro.
   
 

Montenegro Electricity prices lower from January 2010, 08.01.2010.
Electricity price in Montenegro was cut an average of 15 percent on January 1, 2010, based on the decision of the Energy Regulatory Agency.
   
 

Montenegro Airlines flew 527,000 passengers in 2009, 07.01.2010
Montenegro Airlines is very satisfied with business results in the year marked by the global economic crisis. Montenegro Airlines earned EUR 62 million income in 2009
   
 

Marina in Bar sold to Lithuanian-Latvian consortium Multikapital , 06.01.2010.
Lithuanian-Latvian consortium Multikapital Consortium is the new owner of Marina Bar.
   
 

Hotels around the world are raising their game for 2010, 05.01.2010.
The hospitality industry has suffered during the recession. In 2009, hotels at the top end of the scale slashed their rates in a scramble to keep doors open and beds filled; ownerships changed; new projects stalled and opening dates were deferred - then deferred again.
   
 

Porto Montenegro and Compositeworks establish strategic partnership, 04.01.2010.
Porto Montenegro will soon offer a full range of refit and maintenance services to its European yachting clientele. In cooperation with the Adriatic Shipyard in Bijela, Porto Montenegro will invest with Compositeworks, of La Ciotat in France, to establish a full range superyacht refit facility of the highest quality in the Bay of Kotor, Montenegro.
   
 

FDI falls across West Balkans, except Montenegro, 10.12.2009.
Western Balkans countries should work together to attract foreign investors, as capital inflows have fallen sharply this year in all countries except Montenegro, foreign investment promoters said on Thursday.
   
 

NATO Likely To Offer Montenegro Membership, But Not Bosnia, 04.12.2009.
NATO foreign ministers are set to give a Membership Action Plan (MAP) -- an essential stepping stone on the road toward alliance membership -- to Montenegro and put off a decision on Bosnia-Herzegovina.
   
 

Montenegro tipped as top 2010 holiday spot, 03.12.2009.
Montenegro will emerge as one of the top holiday destinations for 2010, according to travel specialists Thomson and First Choice.
   
 

Arthur Cole: Israeli companies to invest in Budva, 27.11.2009.
Companies from Israel are interested in participating in the realisation of certain projects in Budva and Montenegro.
   
 

Promotion of Montenegro in London, 08.11.2009.
From November 9 to 12, London will be the host of the World Travel Market (WTM), which will gather around 5,000 exhibitors from more than 200 countries of the world, and around 50,000 professionals from the sector of tourism from all over the world are expected.
   
 

Montenegrin Govt Sees Economy Growing by 1.0% in 2010, 06.11.2009.
PODGORICA (Montenegro), November 6 (SeeNews) – Montenegro's government forecasts 1.0% economic growth for next year when the Adriatic country would start slowly exiting the crisis, a senior cabinet member said.
   
 

Future Capital Partners raises 25m in two weeks, 28.10.2009.
Future Partners Capital has temporarily closed its fund-raising book for a specific real estate project having raised £65m from 38 clients since the beginning of the year.
   
 

DGAP-Adhoc: Orascom Development enters into an agreement with the Government of Montenegro, 23.10.2009
Orascom Development enters into an agreement with the Government of Montenegro to acquire 90% stake in Lustica Development AD Podgorica
   
 

Serbian, Croatian, Montenegrin PMs attend opening of the construction of Belgrade-South Adriatic motorway section, 16.10.2009.
The prime ministers of three Balkan countries on Thursday attended the opening of the construction of Belgrade-South Adriatic motorway section through Montenegro that will involve a Croatian construction consortium.
   
 

Montenegro among 50 most beautiful destinations, 06.10.2009.
American magazine National Geographic Traveller included Montenegro among 50 most beautiful destinations in the world.
   
 

The pearl of the Mediterranean, 24.08.2009.
Montenegro is currently not only one of the best tourist destinations but also one of Europe's hottest real estate markets and this situation looks set to continue reports Lucy Russell
   
 

Nautical Elite in Budva, 23.08.2009.
Several chief executive officers of well-known world shipyards visited Montenegro in order to find out what are the prospects of this tourism metropolis for further nautical development.
   
 

The season breaks the record, 21.08.2009.
In the Ministry of Tourism and in National Tourism Organization satisfied: It is announced yesterday from the Ministry of Tourism that there are between 380.000 and 400.000 of registered visitors in Montenegro and by the end of August the millionth visitor in this year will be registered.
   
 

Excellent night-life in Budva lured the tourists, 15.08.2009.
A survey carried out by Tourist Organization(TO) of Budva show that this city is becoming a top destination for night-life. Beautiful beaches and the sea are also important reasons which lure tourist here.
   
 

Montenegro Becomes Europe's Next Hot Spot, 13.04.2009.
Villa Milocer's formal restaurant, the Dining Room, has seven tables with views of Milocer beach. The more casual Loggia and Living Room provide late-night snacks and a lounge. The company plans for another restaurant that will serve traditional Montenegrin cuisine of fish and meat staples as well as tapas.
   
 

First guests German tourists, 03.04.2009.
Hotel Aleksandar in Slovenska plaza, which operated within the hotel-tourist company Budvanska rivijera, opened its doors on Thursday, April 2.
   
 

Four offers for motorway, 03.03.2009.
Four offers arrived to the tender for the construction of motorway Bar-Boljare. Among others, offers for the construction of the entire motorway and construction of the priority section Podgorica-Matesevo were delivered by Austrian Strabag AG and Croatian Konstruktor Inzenjering.
   
 

Opportunity bank formally sold, 03.03.2009.
100 percent of shares of Opportunity bank were sold to Croatian Erste bank for EUR 13m in the Montenegro Stock Exchange on Monday, March 2. Former owners of the bank, first of all American Opportunity Transformation, agreed on all additional conditions of sale with the stock exchange price, such as the share in profit, but those data are not public.
   
 

Three companies applied, 28.02.2009.
On Friday, February 27, the fund of mutual investment HLT informed that three companies applied to the tender for the sale of real estates of the complex of Podgorica-based barrack Moraca, which is in the ownership of HLT.
   
 

Inflation from 2.5 to 5.5 percent, 26.02.2009.
Inflation in Montenegro in 2009 will range from 2.5 to 5.5 percent, and many companies will be forced to reduce prices. This is an assessment of the council of the Montenegrin Central Bank in the session presided by Governor Ljubisa Krgovic.
   
 

Britain encourages Montenegro, 26.02.2009.
In a conversation with Vice President of the Montenegrin Government Gordanom Durovic, British Minister for Europe Caroline Flint said that Great Britain supports Montenegro in the effort to obtain the EU candidate status.
   
 

Gordana Durovic in Great Britain, 24.02.2009.
Gordana Durovic, Vice President of the Government for European Integration, will officially visit Great Britain from February 24 to 26 at the invitation of Minister for Europe of that country Caroline Flint.
   
 

Three gold medals to wines, 24.02.2009.
In the Second International Wine Festival in Sarajevo, in which more than 90 wine-cellars from the countries of the region and wider participated, company 13. jul Plantaze won three gold medals. In an auction sale, the wine of Plantaze, Premier from 2000, achieved the highest value of EUR 450.
   
 

Operation UN, 22.02.2009.
Apart from the candidacy for membership in the UN Security Council in 2026, Montenegro submitted a request for candidacy in another three important bodies of the UN – the UN Human Rights Council, UN Commission on Sustainable Development and UNDP Executive Board. Gathering the support of all UN member countries for the candidacy is in progress.
   
 

No visas in the EU from summer? 22.02.2009.
In the second half of the year, Montenegro and Macedonia could be included in the white Schengen list, which means that their citizens would travel to 22 EU member countries and Norway and Iceland. This was confirmed to the Montenegrin media from several diplomatic sources.
   
 

NATO membership a reality in 2012, 16.02.2009.
Military analyst Zoran Bukvic said that Montenegro was dedicated to Euro-Atlantic integration and is progressing fast in reforms, so it is realistic that it will access NATO in 2012.
   
 

Crnogorski Vranac favourite brand, 15.02.2009.
Crnogorski Vranac of Podgorica-based company 13. srpanj Plantaze was declared the favourite regional brand in the fifth international show of brands, which ended in Belgrade on Saturday, February 14.
   
 

CTU signed a contract with Dubrovnik Airlines, 14.02.2009.
President of the sector of hotels in the Montenegrin Tourist Association (CTU) Zarko Radulovic and Director of the Croatian airline company Dubrovnik Airlines Zeno Singer signed a contract on business cooperation on Saturday, February 14, in Becici.
   
 

Montenegro will earn EUR 2bn by 2020, 31.01.2009.
One of the most important conclusions of the renewed version of the Master plan of development of tourism of Montenegro by 2020 is that Montenegro has increased the income from tourism three times in three years, from EUR 124m to 548m. Those incomes will again be tripled by 2017.
   
 

Hotel Crna Gora for new glow and prestige, 30.01.2009.
Representatives of Podgorica-based company Normal tours and world hotel chain Hilton signed a pre-contract on management for a period of 15 years and the reconstruction of hotel Crna Gora, which should start in the next few months.
   
 

There will be credits, but they will be approved more carefully, 29.01.2009.
Representatives of micro financial institutions (MFI) in Montenegro said that they do not expect the economic crisis to jeopardise their operations in 2009 because they have enough money, but they announce more careful policy in approving credits and possible smaller problems regarding the collection of debts.
   
 

Growth rate decreased from five to three percent, 28.01.2009.
According to the estimation of the European Bank for Reconstruction and Development (EBRD), this year’s average economic growth rate of Montenegro will amount to 3 percent, which is less than in the previous projection of the EBRD.
   
 

Montenegro and Albania toward Europe and NATO rapidly, 28.01.2009.
Montenegro and Albania have excellent relations and are rapidly going toward EU and NATO associations, the heads of parliaments in both of these countries, Ranko Krivokapic and Josefina Topally said on Tuesday. "I think the foundation of every good race, in this case the race toward the EU, is what is called the leader’s bicycle switch.
   
 

Montenegro Calls March 29 Parliamentary Election, 27.01.2009.
Montenegro's parliamentary election, which could pave the way for the country's drive for European Union membership, will be held on March 29, President Filip Vujanovic said on Tuesday.
   
 

Visit to Irish colleagues, 27.01.2009.
A delegation from Montenegro’s Finance Ministry will be visiting Ireland’s Ministry of Finance until Friday.
   
 

There might be hope for quick membership, 23.01.2009.
The Montenegrin Government, with the help of representatives of the World Trade Organisation (WTO), will try to find a way to become a member of the organisation on February 3 despite the opposing of the Ukraine which refused to sign the bilateral agreement.
   
 

We resist challenges, 22.01.2009.
"The global financial crisis has had a negative effect on the solvency and profitability of banks world-wide and Montenegro is no exception", said the governor of the Central Bank (CBCG), Ljubisa Krgovic, at the Euromoney conference in Vienna on Wednesday. He said that the solvency of the Montenegrin banking system had been diminished but that it had nevertheless managed to resist all the challenges.
   
 

Villas finished by summer, 22.01.2009.
"We will finish 36 villas in the Astra Montenegro tourist complex in Zavala by the beginning of the summer season, while the construction of an exclusive hotel will begin in the fall", announced the head of the company Mirax Balkan, Vjeceslav Lejbman. Lejbman said that Mirax had secured enough funds to complete the first stage of the largest tourist complex on the Adriatic by June.
   
 

Arabs should complete the offer by February 10, 21.01.2009.
The tender commission for the privatisation of the Adriatic Shipyard requested representatives of company Abu Dhabi Mar to complete the offer for the takeover of the majority package of shares of the Bijela-based company until February 10.
   
 

If Munk builds a marina, there will be customers, 20.01.2009.
Despite the global financial crisis, global yacht industry is not losing momentum. For the first time in history, the number of megayachts that have been ordered or already being built in world shipyards has exceeded the magical number of 1,000. According to Show Boats International magazine, 1,019 new megayachts are registered in the global book of orders for 2009.
   
 

Prices of sqm decreasing, 19.01.2009.
The latest research of the Central bank of Montenegro (CBCG) showed that prices of a square metre of residential area in Podgorica at the end of November 2008 recorded a decrease of 12.2 percent regarding March 2008.
   
 

35 small four-star hotels, 15.01.2009.
On Wednesday, January 14, the Ministry of Tourism and Environment Protection informed that, during the winter season of 2008/2009, an increase in the number of tourists and overnight stays of 12 percent is expected regarding the previous winter season.
   
 

Montenegro decides for rich guests 14.01.2009.
Director of the Montenegrin travel representative office in Frankfurt Karl Patelin said that Montenegro more often decides for rich tourists, nature, sport, entertainment and adventure lovers during the entire year.
   
 

Montenegro among partially free countries, 14.01.2009.
The annual report of the American non-governmental organisation Freedome House, named “Freedom in the World”, states that Montenegro is a partially free country. In the scale of 1 to 7, in which 1 is the best mark, Montenegro received a 3 for political and human rights, as well as last year.
   
 

Ukraine requested negotiations at the last moment, 14.01.2009.
Montenegrin accession for the World Trade Organisation (WTO) is in the hand of Ukraine, which started the bilateral negotiations with Montenegro at the last moment and thus brought the accession, planned for February 3, into question.
   
 

EUR 729m arrived, EUR 243m left, 13.01.2009.
The value of net direct foreign investments in Montenegro, i.e. the difference between their inflow and outflow, amounted to EUR 485.2m in the first ten months of this year, which is 23.8 percent more than in the same period in 2007.
   
 

Loans up 25.3% in ten months 2008, 13.01.2009.
PODGORICA – At the end of October 2008, about EUR 2.81bn was allocated as loans to Montenegrin citizens and companies which is a 1.4% decrease compared to September, Mina-business news agency writes.
   
 

Deposits decreasing, loans increasing, 12.01.2009.
The latest data of the Central Bank of Montenegro show that the Montenegrin banking sector is reacting to the crisis. The bulletin, which shows data from October, shows that deposits have started to decrease and loans have started to grow.
   
 

Crisis will not stop tourism, 12.01.2009.
Tourist workers from Kolasin do not hide their satisfaction with the former course of the season. The New Year’s holidays were characterised by almost full capacities and the number of guests discretely decreased by Christmas, while the capacities are currently filled above average.
   
 

Big crisis – big opportunity, 12.01.2009.
Commenting on the position of tourism of Montenegro in the light of the global economic crisis, marketing expert and Director of the renowned Budva-based agency AMC Communications Velibor Zolak said that Montenegro is not very exposed to influences of the global market.
   
 

We will establish a small command in Montenegro, 12.01.2009.
General Gerhard Schultz, director of the department for military cooperation in the Joint Force Command of NATO in Naples, said that Montenegro made a big step in the Euro-Atlantic integration, but the final stand on the application for MAP will depend in NATO’s politicians in Brussels.
   
 

Banks from Czech Republic and Egypt announced the entrance to the market of Montenegro, 09.01.2009.
The Central Bank of Montenegro (CBCG) informed that banking groups from Egypt and Czech Republic announced their entrance into the Montenegrin market, which, along with the recent arrival of Erste bank, is positive because the system is strengthened with serious financial institutions.
   
 

EUR 62m for the infrastructure of Budva, 08.01.2009.
This year, the Municipality of Budva will invest EUR 62m in the realisation of several infrastructural projects. The investment programme states that the most money, EUR 22.7m will be invested in road infrastructure, while EUR 13.3m will be paid on the basis of exemption of land from owners.
   
 

Less money for credits, 07.01.2009.
Because of the limited access to sources of financing, Montenegrin bankers announce a difficult business year in which they would continue reducing the credit activity with higher interest rates for citizens and economy.
   
 

Budva looking for partner in Spas, 06.01.2009.
The company of the Municipality of Budva, Budva Holding, invited a tender for the construction of a golf course with 18 holes and accompanying contents in the hill of Spas.
   
 

NATO brings investments too, 04.01.2009.
Montenegrin Minister of Defence Bozo Vucinic said that, besides warranties of security and stability, membership in NATO would ensure bigger inflow of foreign investments and dynamic economic activity to Montenegro.
   
 

No crisis for Porto Montenegro, 04.01.2009.
One of the leading Canadian dailies, Globe and Mail, commented on the events and persons that marked the year 2008. Canadian billionaire Peter Munk and his Montenegrin project of construction of the elite nautical-tourist centre Porto Montenegro in Tivat was mentioned in the chapter titled Investor of the year.
   
 

Tourists will bring EUR 613m, 04.01.2009.
The Ministry of Tourism and Environment Protection informed that incomes from Montenegrin tourism will amount to EUR 613m this year, despite the global crisis, which is 5 percent more than last year, while the number of tourists will be on the same level. Spokesperson of the Ministry Jelena Paovic said that a positive trend of growth of income from tourism would be maintained this year.
   
 

Maintain economic and social stability in 2009, 02.01.2009.
"I believe that we will keep our economy stable and will maintain economic and social security. Let’s do everything necessary so Montenegro continues to be an example for international, interconfessional and intercultural harmony", said Filip Vujanovic in his New Year address.
   
 

Good prospects, 02.01.2009.
The U.S. ambassador to Montenegro, Roderick Moore, said that Montenegro’s prospects for 2009 were good after a very successful 2008. "Prospects are good even in the first half of the year. In February, Montenegro might become a member of the World Trade Organization, which is a very important thing", said Moore, while the European Union should consider Montenegro’s request for membership and determine its future path towards membership in March.
   
 

For the EU, but not if it hurts relations with Russia, 02.01.2009.
"Montenegro’s accession into the European Union should not harm Montenegro’s relations with Russia", said the Russian Federation’s ambassador to Montenegro, Yakov Gerasimov, and added that relations with the European Union were very important to Russia as well. "It is important that the accession into the European Union does not harm the relations to Russia.
   
 

Montenegro Airlines transported 500,000 passengers in 2008, 31.12.2008.
President of the Board of Directors of Montenegro Airlines Zoran Durisic said that the national airline company transported 500,000 passengers this year, and that was its goal in the past three years, which means that they had 17.2 percent more passengers this year than last.
   
 

FIND PROPERTY

 

 

 

  Price:
 

Land & Development Property in Montenegro


Real Estate Montenegro

more

Off Plan Montenegro Property Deals


Montenegro Properties

more


Property for rent


Sale

more