Latest Business News from Montenegro
28 Apr 10
The Montenegrin government has extended the deadline for Greek-Israeli consortium Aktor - HCH to submit a bid for the construction of three sections of the Bar - Boljare highway, Podgorica media reported.
27 Apr 10
Former Thai Prime Minister Thaksin Shinawatra, who is a citizen and current resident of Montenegro, is negotiating in Podgorica on investment in First Financial Bank, FFB, which is owned by Greek shipowner Victor Restisa, Beta news agency reports.
15 Apr 10
Montenegrin Finance Minister Igor Luksic said that his country will draw a direct economic benefit from its decision to give citizenship to ousted Thai PM Thaksin Shinawatra.
25 Mar 10
German-based car manufacturer Daimler AG has admitted to accusations of bribing officials in at least 22 countries, allegedly including Croatia, Montenegro and Serbia.
10 Mar 10
A new border crossing point between Bosnia and Montenegro, constructed with €2.6 million in funds from the European Union, opened on Wednesday near the southern Bosnian town of Trebinje.
05 Mar 10
The Montenegrin government has confirmed the cancellation of its contract with a Croatian consortium for the construction of the Bar - Boljare highway. It announced plans to continue negotiations with the second-ranking bidder, Greek-Israeli consortium Aktor - HCH.
03 Mar 10
The Croatian consortium which won the bid for construction of the Bar-Boljare highway in Montenegro has reportedly failed to secure a written bank guarantee by the given deadline, which expired on Tuesday.
01 Mar 10
The Bosnian real estate market has hit historic lows buffeted by the credit crunch and a sharp decline in the average Bosnian’s purchasing power. To make matters worse, restrictive laws obstruct foreign nationals from acquiring property in the country.
24 Feb 10
Global supermarket chains Carrefour and Marinopoulos have decided to create a joint company to develop hypermarkets and supermarkets under the Carrefour franchise in the Balkans.
23 Feb 10
The European Commission agreed on Monday to extend a preferential trade pact between the EU and seven Western Balkan countries for a further five years.
22 Feb 10
Croatian and Montenegrin prime ministers failed to agree in Podgorica on Monday on the continuation of work on the Bar - Boljare highway in Montenegro.
10 Feb 10
Three Croatian construction companies have finally obtained a written bank guarantee for the construction of a highway in Montenegro that will cost €2.77 billion, the Croatian Times reports.
21 Jan 10
Albania has region’s freest economy, Bosnia the least free, while Bulgaria is sole country in region whose score has dropped.
19 Jan 10
Some 2,000 workers at the Montenegrin steelworks compay Niksicka Zeljezara started protesting on the streets of Niksic on Monday due to unpaid salaries and the termination of production at the company.
30 Dec 09
Popova Sapka is located in the northwestern part of Macedonia, and is one of the most popular winter ski resorts in the country.