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Latest Business News from Montenegro

serbia-tops-illicit-financial-flows-list

20 Mar 13

Serbia Tops Balkans For Illicit Financial Flows

The organisation Global Financial Integrity has ranked Serbia worst of all Balkan countries when it comes to illegal financial flows.

emirates-offers-to-build-resort-in-montenegro

14 Feb 13

Emirates Offer to Build Resort in Montenegro

Montenegro is mulling an offer from Abu Dhabi’s Royal Group to develop a 180 million-euro resort on the Adriatic coast.

macedonia-tops-region-in-index-of-economic-freedom

11 Jan 13

Macedonia Tops Region's Economic Freedom Index

Macedonia tops the region in the 2013 Index of Economic Freedom, annually compiled by The Wall Street Journal and The Heritage Foundation.

forbes-slovenia-and-macedonia-best-in-balkans-for-business

20 Nov 12

Slovenia, Macedonia Top Forbes' Business Ranking in Balkans

Forbes magazine has rated Slovenia and Macedonia as the best countries in the Balkans in which to do business. Serbia is rated worst.

hypo-group-starts-selling-businesses-in-balkans

07 Nov 12

Hypo Group Starts Selling Balkan Businesses

The Austrian banking group has started putting its subsidiaries in Southeast Europe up for sale.

27 Oct 12

Balkan Business Climate Better, World Bank

Businesses in Southeast Europe are finding it easier to operate as governments cut red tape, a new World Bank reports concludes.

04 Oct 12

More Tourists Visit Montenegro in 2012

Montenegro registers nearly five per cent more tourists in the country in 2012.

in-2012-montenegro-more-attractive-for-tourists

29 Aug 12

Montenegro Attracts More Tourists in 2012

Montenegro hosted more tourists this year than it did in 2011, with Serbs and Russians topping the list of visitors.

montenegro-steel-mill-workers-go-on-strike

22 Aug 12

Montenegro Steel Workers Strike Over Low Pay

Steel workers in Niksic, unhappy with the policies of the factory's new Turkish owners, went on strike on Wednesday, demanding pay rises, overtime rates and more workers.

06 Aug 12

Chinese Company Offers to Build Corridor 11

Hong Kong based company has sent an offer to Serbia for the construction of the remaining sections of the Corridor 11 highway which will connect Belgrade to the South Adriatic.

26 Jul 12

Balkans Vulnerable to Eurozone Crisis, EBRD Says

Southeast Europe remains particularly vulnerable to turbulence in the single currency zone, a report issued by the European Bank for Reconstruction and Development suggests.

euro-debt-crisis-will-cause-slowdown-in-balkans

18 May 12

Euro Crisis Sapping Balkan Recovery, EBRD Warns

European Bank for Reconstruction and Development report predicts that eurozone crisis will buffet Balkan economies, slowing growth in 2012.

01 May 12

Montenegro Sells Bankrupt Steel Mill to Turkey

Montenegro has sold its bankrupt Zeljezara steel mill in Niksic to a Turkish metals company, which will help the Adriatic country to reduce its debt burden.

montenegro-s-government-paying-troubled-plant-s-debt

05 Apr 12

Montenegro Pledges to Meet Aluminium Plant’s Debt

Montenegro says it will meet a Friday deadline to pay more than 20 million euro in guarantees for the debt of Podgorica Aluminum Plant, KAP, to Deutsche Bank.

slovenians-top-macedonians-least-indebted-in-the-region

30 Mar 12

Macedonians Keep Clear of Debts to Banks

New data show that each Macedonian owes on average only about €600 to the banks, while at the other end of the scale the average Slovenian owes about €4,000.