The Government of Montenegro has announced the details of the project for the construction of an exclusive complex in Čanj, according to which the value of the facility is 77 million euros, and the investor will create as many as 241 jobs within the complex. The investor of the project is the company ‘Amma Resort’ […]
The total inflow of foreign direct investments (FDI) in the eight months of this year amounted to 468.2 million euros, while at the same time 148.3 million flowed out of the country, according to preliminary data from the Central Bank (CBCG). The net inflow of foreign direct investments, i.e. the difference between their inflow and […]
The appearance of the corona virus has slowed, but has not stopped the inflow of foreign direct investment in Montenegro. In the first four months of this year, 282 million euros were poured into Montenegro. If we add to that the inflow of foreign investments amounted to 778 million last year, we come to the […]
Crnogorski Telekom and the Science and Technology Park of Montenegro (NTP) have signed a strategic partnership worth 1.5m euros, which aims to boost economic growth, technological development, innovation and entrepreneurship in Montenegro. The Agreement was signed at a ceremony at which Prime Minister Dusko Markovic proclaimed officially the beginning of the construction of the building […]
The Government has determined the Proposal of Decision on Adoption of the Detailed Spatial Plan for the Multipurpose Reservoir on the Komarnica River, the most important document which is a precondition for entering the capital energy facility – 170-meter-high hydroelectric power plant with installed capacity 170 MW, capacity 209 GWh. The plan covers the central […]
The construction of the Wastewater Treatment System in Podgorica has begun with the construction of a primary collector worth 6.6 million euros. The Mayor of Podgorica, Ivan Vukovic, said that this project was called the project of the century for the Capital City. It creates the preconditions for the long-term development of Podgorica, provides permanent […]
Obod’s 30-year lease agreement has entered into force, after the consortium comprising the Canadian company Eviana Health Corporation, Montenegro Bio Science and Ramel fulfilled all legal requirements. This fulfils the conditions for the former regional giant in the production of household appliances to get a new purpose, which should primarily increase economic activity in Cetinje […]
Total foreign direct investment inflow amounted to EUR 769.9 million last year, while 425.2 million were discharged from the country at the same time, according to preliminary data from the Central Bank (CBCG). The net inflow of foreign direct investment, the difference between their inflow and outflow, amounted to EUR 344.7 million last year, which […]
The Investment and Development Fund of Montenegro has announced new financial support programs for 2020, which provides for 36 lines of credit, through which the IDF plans to invest at least EUR 200 million in entrepreneurship development, start-up businesses, support for existing micro, small and medium-sized enterprises. The interest rate on these loans ranges from […]
A total of € 6.2 million has been invested in the reconstruction and transformation project of Lastavica Island with the Mamula Fort, Predrag Nenezic said, former Minister of Tourism, and executive director of OHM Mamula Montenegro. OHM Mamula is a company owned by the Swiss Orascom which also builds Lustica Bay resort. The investments made […]