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montenegro-sells-bankrupt-steel-mill-to-turkey
01 May 12 / 11:30:16

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.

Latest Business News from Montenegro

euro-debt-crisis-will-cause-slowdown-in-balkans
18 May 12 / 15:44:07

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.

montenegro-s-government-paying-troubled-plant-s-debt
05 Apr 12 / 10:02:19

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.

montenegro-will-not-abandon-euro
30 Nov 11 / 10:13:02

Montenegro PM Rules Out Abandoning Euro

Despite the worsening crisis in the eurozone, Montenegro will not abandon it as its currency, as a new currency would cost too much to introduce, Prime Minister Igor Luksic said.

montenegro-reports-growth-in-tourist-numbers
28 Oct 11 / 11:51:34

Montenegro Reports Growth in Tourist Numbers

More than 200,000 tourists visited Montenegro during the month of September, 15 per cent more than were recorded in the corresponding period last year, according to official statistics released today.

serbia-identified-as-key-trade-partner-for-montenegro
27 Oct 11 / 12:40:05

Serbia Identified as Key Trade Partner for Montenegro

Serbian imports to Montenegro accounted for €480 million while Montenegrin exports accounted for €60 million, according to the latest figures from Monstat, Montenegro’s Statistics Office.

serbia-italy-sign-energy-deal
27 Oct 11 / 07:55:58

Serbia and Italy Sign Energy Deal

Italy and Serbia signed a strategic partnership on renewable energy in Rome on Tuesday. The goal is for Italian companies to produce hydroelectric power in Serbia and export it to Italy via Montenegro. 

bulgaria-montenegro-to-cooperate-in-energy-projects
25 Oct 11 / 11:28:03

Bulgaria, Montenegro to Cooperate in Energy Projects

Sofia and Podgorica are considering setting up a joint company for the transfer of electricity to Italy after talks were held between Montenegrin Prime Minister Igor Luksic Bulgarian PM Boyko Borissov in Sofia.

shoigu-montenegro-serbia-to-join-russian-customs-union
21 Oct 11 / 10:55:40

Montenegro, Serbia to join Russian Customs Union

The customs union of Russia, Belarus and Kazakhstan will expand to include Montenegro and Serbia, Russia’s Minister for Emergency Situations, Sergei Shoigu, has said.

united-arab-emirates-delegation-visits-montenegro
05 Oct 11 / 12:10:54

United Arab Emirates Delegation Visits Montenegro

An economic delegation of the United Arab Emirates, UAE, arrived in Montenegro today for a visit which is expected to result in the signing of bilateral agreements between the two countries.

montenegro-agrees-on-free-trade-deal-with-ukraine
03 Oct 11 / 12:57:18

Montenegro Agrees on Free Trade Deal with Ukraine

Montenegro has agreed with Ukraine to sign a free trade agreement that will break the deadlock over the accession of Montenegro to the World Trade Organisation (WTO), according to Economy Minister Kavarić.

montenegro-receives-85-million-development-loan
28 Sep 11 / 16:23:29

Montenegro Receives $85 million Development Loan

Montenegro’s finance minister Milorad Katnic and World Bank director for Southeast Europe Jane Armitage have signed a development policy loan in Washington worth $85 million (€62 million).

monstat-montenegro-gdp-beats-expectations
16 Sep 11 / 15:52:10

MONSTAT: Montenegro GDP Beats Expectations

Montenegro's GDP in 2010 was 2.5 per cent higher than at the end of 2009 and amounted to €3.1 billion, Montenegro's Statistic's Office MONSTAT has revealed.

world-bank-approves-eu59-1-million-20-year-loan-for-montenegro
03 Sep 11 / 13:22:17

World Bank Approves €59.1m Loan for Montenegro

Disbursement of a 20-year €59.1 million loan for Montenegro from the World Bank is expected to begin in 2012.

montenegrins-should-take-advantage-of-belgrade-pristina-dispute
12 Aug 11 / 11:26:26

Montenegro to Benefit from Kosovo Trade Ban

Meat and beverage exports from Montenegro to Kosovo could rise in coming weeks, following comments from Montenegro’s deputy economy minister.

foreign-direct-investment-in-croatia-nosedives
05 Aug 11 / 12:40:56

Foreign Direct Investment In Croatia Nosedives

Foreign direct investment in Croatia plummeted during 2010, new figures from the United Nations Conference on Trade and Development, UNCTAD, reveal.

Premium

16 Nov 11 / 15:43:17

Balkans Loom Large in Italy’s Green Energy Goals

Italy’s need to meet its EU carbon reduction target underpins its ambitious investments in the energy sector in the Balkans and North Africa.

05 Nov 11 / 09:23:56

The Italy-Montenegro Cable

Politics and Society

eu-montenegro-s-refugees-status-improved
24 May 12 / 10:31:10

EU: Montenegro’s Refugees’ Status Improved

A progress has been made in ensuring the rights of Montenegro’s refugees, but institutional capacities for the enforcement of those rights need to be enhanced, the European Commission says.

Culture and Lifestyle

freedom-house-media-in-balkan-states-remain-partly-free 08 May 12 / 13:58:27

Montenegrin Media Most Free in Balkans, Report Says

A survey of world media freedom in 2011 carried out by US-based watchdog Freedom House put Montenegro in top place in the region. Kosovo has also moved up the rankings while Macedonia has moved down.

16 Nov 11 / 18:31:15

Peak district