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Latest Business News from Montenegro

montenegro-approves-privatisation-of-largest-arms-exporter
22 Sep 14

Montenegro to Put Arms Exporter up For Sale

Montenegro has decided to sell off its state-owned arms exporter and a manufacturer of explosives, in the hope of bringing in strategic partners that will update the companies.

montenegro-tourist-sector-urged-to-reduce-prices
11 Sep 14

Montenegro Bank Urges Tourist Industry to Cut Prices

Central Bank warns that Montenegro is becoming too expensive - as tourist organizations blame infrastructure problems and pricey airline tickets for this year's expected disappointing figures.

montenegro-seeks-foreign-investments-in-middle-east
09 Sep 14

Montenegro Seeks Foreign Investments in Middle East

Hoping to attract businesses from Middle Eastern countries in a bid to address a downturn in Russian investments, Montenegro will open an office in the Jordanian capital Amman.

world-economic-forum-balkan-shows-mixed-results
03 Sep 14

Balkan Economic Competitiveness Makes Uneven Progress

The latest World Economic Forum report on global competitiveness ranks Bulgaria as the best in the Balkans and Albania as the worst, just behind Serbia.

balkan-telecom-regulators-to-scrap-roaming-charges
01 Sep 14

Sky-High Roaming Charges to Go in Balkans

Regulatory agencies in the Balkans have finally agreed to phase out mobile phone roaming charges, which are much higher than those in Western Europe.

balkan-countries-to-jointly-overcome-economic-issues
28 Aug 14

Balkan Leaders in Berlin Pledge to Work Together

Balkan economy and finance ministers meeting in Berlin have agreed that their countries must jointly resolve economic issues that trouble the region.

montenegro-marina-gets-new-luxury-resort
28 Aug 14

Luxury Hotel Adds to Montenegrin Marina's Lustre

The Canadian-owned yacht marina, Porto Montenegro, has received a further boost with the opening of a new luxury hotel - the Regent.

the-qatari-company-drops-a-350-million-wort-deal-in-montenegro
28 Aug 14

Qatar Scraps Luxury Resort Plan in Montenegro

A Qatari company has pulled out of deal worth 350 million euro to build a luxry resort nesr Tivat, dealing a blow to the Montenegrin government's investment plans.

montenegro-considers-to-write-off-debts-of-poorest
27 Aug 14

Montenegro Mulls Writing Off Debts of Poor

Following the example of Macedonia, Montenegro is considering writing off the debts of its poorest citizens - though some critics dismiss the plan as blatant populism.

montenegrins-sued-bank-for-bad-loans-in-swiss-francs
04 Aug 14

Hypo Alpe Adria Bank Faces Trial in Montenegro

The trial of the bank is to start next week in Montenegro after it refused to convert the loans of clients taken out in Swiss francs to euro.

cruising-ships-to-save-monenegro-s-holiday-season
31 Jul 14

Montenegro Looks to Cruise Liners to Save Season

As cool weather, sanctions against Russia and high prices leave Montenegro's beaches looking emptier than usual, tourist officials look to cruise liners to save the day.

new-luxury-resort-to-open-in-montenegro
28 Jul 14

Montenegro Marina Gets New Luxury Hotel

The continuing expansion of super-yacht marina Porto Montenegro is to be given a further boost with the opening of a new luxury hotel this week.

illegal-booking-sites-threaten-montenegro-s-tourism-income
27 Jun 14

Illegal Booking Sites Threaten Montenegro’s Tourism Income

Montenegro loses hundreds of thousands of euros a year to illegal hotel reservation sites which offer accommodation without paying taxes in the country, tourism official warned.

corruption-hinders-balkans-sustainable-energy-future
25 Jun 14

Corruption Hinders Balkans Energy Sector Progress

Rampant corruption has raised costs, wasted opportunities for sustainable energy and distorted the market, says a new report by a group for environmental NGOs.

paypal-to-ease-internet-shopping-in-macedonia-montenegro
17 Jun 14

PayPal to Boost Internet Trade in Macedonia, Montenegro

One of the most popular online money transfer and payment services is finally available in Macedonia and Montenegro, where online shopping leaves much room for improvement.

Premium

montenegro-pins-tourism-hopes-on-august-surge
12 Aug 14

Montenegro Pins Tourism Hopes on August Surge

Tourist chiefs and hoteliers hope an extra-busy August and September will save a poor tourism year – but some say the emphasis on packing in the numbers is wrong.

Politics and Society

montenegro-forms-team-to-deal-with-ebola
19 Sep 14

Montenegro Takes no Chances Over Ebola

Montenegro has formed an expert team to deal with cases of the deadly infectious Ebola disease - although none have been reported as yet.

Culture and Lifestyle

montenegro-to-host-mclaren-f1-anniversary-race 15 Sep 14

Montenegro to Host McLaren F1 Anniversary Race

In another bid to promote investment and tourism in the country, Montenegro plans to organize promotional Formula 1 races in the country.