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Latest Business News from Montenegro

01 Dec 10

New EIB Belgrade Office to Increase Bank Presence in Region

The European Investment Bank intends to increase its presence in the Western Balkans after opening a new regional office in Belgrade.

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26 Nov 10

EBRD Grants €35 Million for Montenegro Power Grid

The European Bank for Reconstruction and Development has granted a €35 million loan to fund smart grid development in Montenegro.

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18 Nov 10

Balkan States Downbeat About Economy, Jobs - Poll

Balkan residents are finding it increasingly difficult to make ends meet and remain pessimistic about their countries’ and their own economic recovery, an annual Gallup poll released on Wednesday finds.

08 Nov 10

Montenegro Puts Hold on 'Economic Citizenship' Plan

The Montenegrin government has suspended its "economic citizenship” programme until the measure has been harmonised with European Union regulations.

29 Oct 10

Plans to Transform Montenegrin Fort Come Under Fire

Investors plan to transform the untouched Cape Arza at the entrance of Boka Kotorska Bay in Montenegro into a concrete tourism resort, provoking an outcry from the civil society sector.

27 Oct 10

Montenegro's Sv. Stefan Faces Winter in the Dark

It appears that Montenegro's once illustrious resort island of St. Stefan in the Adriatic Sea will spend another winter in darkness, off limits to the wealthy holidaymakers that the island boasted in the prosperous 1970s and 1980s.

podgorica-calls-for-montenegro-airlines-tender

27 Sep 10

Podgorica Offers Stake in Montenegro Airlines

A 30 per cent stake in national carrier Montenegro Airlines, MA, has been offered for sale by the Montenegrin Privatisation Council.

16 Sep 10

Jat Airways, Montenegro Airlines to Join Fleets

The Serbian and Montenegrin national carriers, Jat Airways and Montenegro Airlines, are to merge their fleets.

15 Sep 10

Montenegro Offers Citizenship to Investors

Foreign businesspeople are being offered citizenship in Montenegro in return for investing in the country.

30 Aug 10

Albania - Montenegro Roadworks Hit Delays

Work being carried out on roads linking the Northern Albanian city of Shkodra with Montenegro have fallen behind schedule.

11 Aug 10

Germans criticise Montenegrin Citizenship Plan

Montenegro risks being removed from the White Schengen list if the government goes ahead with an "economic citizenship" plan, a member of the German coalition government has said.

19 May 10

Five-Star Hilton Hotel 'To Be Built In Podgorica'

The Montenegrin capital is expected to be home to a five-star Hilton Hotel within the next two and a half years.

17 May 10

EBRD Raises Growth Forecast Slightly for CEE

The European Bank for Reconstruction and Development (EBRD) upgraded its forecast for economic growth of the countries in Central and Eastern Europe(CEE) from 3.4 per cent to 3.7 per cent for 2010.

14 May 10

Balkan States Agree Economic Crisis Over, Recovery Slow

Prime ministers of the Western Balkan`s countries noted on Friday that the economic crisis is over, but cautioned that the consequences of the global slump will weigh on the region's recovery.

11 May 10

Lisbon Review Looks at Europe's Competitiveness

The World Economic Forum published its report 'Lisbon Review 2010' on the occasion of its Forum on Europe being held Monday and Tuesday. In the report, Romania and Bulgaria remain the lowest ranking European Union members, while the Western Balkan countries range from the very top to the very bottom in their group.