News

Germany Expresses A Further Investment Interest in Montenegro

Germany looks set to become a long term and reliable Investor in Montenegro, as a delegation of interested individuals led by Volker Zeh (Honorary Consul of Montenegro in Germany) met with Deputy Prime Minister Dritan Abazović and discussed various ideas.

A Positive Boost for Montenegro’s Economy Post Pandemic

Given that around 25% of Montenegro’s GDP is attributed directly to tourism it’s easy to see why their economy suffered enormously during the pandemic of the last 18 months, however, ease in restrictions, an excellent vaccine programme ...

5G Arrives in Montenegro for The First Time

It’s late January and an auction is being held for the right to launch Montenegro’s first commercial 5G services in parts of Podgorica. Crnogroski Telecom won the contract with a bid of $8m, and they are now putting that money to good use installing the equipment in the Tolosi, Dalmatinska and Elastik areas of the Capital City.

A New Cable Car for the Ski Slopes of Kolašin

Kolašin is already quite a popular Skiing area, but the inauguration of a new Cable car connecting both resorts of Kolašin 1600 and Kolašin 1450 will increase infrastructural connectivity, enable the use of a further 45km of ski slopes in the region, and elevate the resorts global attractiveness as a competitive ski centre.

Air Montenegro Launches New Routes as it Continues its Expansion Plans

Air Montenegro (the National Carrier of Montenegro) was launched as a result of the previous carrier, Montenegro Airlines, going into administration and being shut down by the government in December of 2020. Since the new company ....

Further Foreign Investment for Montenegro

Further foreign investment looks set to continue in Montenegro throughout 2022, as relations between Montenegro & the USA are stronger than ever. The ICT Sector is just one of the areas that will be of key importance, and over the next few months Montenegro will look to connect IT companies with investors, business corporations, mentors and leaders from around the world.

Block the Hatred and Share the Love

That’s the new message that is sweeping across Montenegro, following on from the public launch of the official campaign in Podgorica yesterday. Designed to combat various forms of hate speech ...

A New 5* Luxury Hotel Planned for Bar – to Open in 2025!

One of the largest Hotel Groups in the World, with several different brands under its portfolio, is set to start building a new luxury retreat in Bar, with a proposed total investment of €57m over the next five years.

Air Montenegro Demonstrates A Strong Start to It’s Commercial Operation

Air Montenegro is already proving to be very popular and has been able to demonstrate strong passenger numbers and income since it began operating commercial flights in July 2021.

National Park Biogradska Gora - Pearl of European natural hearitage

Did you know that Biogradska Gora is the first National Park in Montenegro?  
The story of this rare, nature’s diamond begins in the 19th century with King Nikola Petrović’s persistence to preserve this area so that future generations could enjoy it. It became the so-called, “king’s shelter” and since then it is under state protection. In 1952 the Park was proclaimed to be a National Park and since 1977 it is under UNESCO protection as a part of the Man and the Biosphere Programme (MAB).

Montenegro’s Economic Outlook Is Strong for 2021 & 2022

Official stats show that the Economic Outlook for both 2021 and 2022 is strong for Montenegro as not only has it’s national debt fallen for the first time since they gained Independence, but along with their Balkan counterpart of Moldova, they will also see the highest levels of economic growth in 2021, amongst the ‘Emerging European’ nations.

Montenegro Back in Eurovision After a Two Year Absence

After withdrawing from the competition in both 2020 and 2021, Montenegro is back in Eurovision and they will shortly announce the method of their selection process for their 2022 entry within a few weeks. The Montenegrin broadcaster RTCG confirmed the news shortly after the competing nations were announced...

Swissotel Resort Kolasin Set to Open in November 2022

The ‘Out with the old and in with the New’ Approach starts to Pay Off for Montenegro

The EBRD’s Three Point Plan for Investment in Montenegro

The European Bank for Reconstruction and Development has recently launched it’s Three Point Economic Plan for Montenegro, which will take the country to new heights and continue it’s a current positive trend in all domestic and international markets.

Germany Set to Become Reliable Investment Partners with Montenegro

It’s looking highly likely that over the next few months and years there’s going to be significantly more investment in the IT Sector, Smart Technology and Processing for Montenegro, following a recent meeting between the Minister for Economic Development Jakov Milatovic and a group of German investors, which also included the Ambassador of Germany to Montenegro and the Honorary Consul of Montenegro to Germany.

Montenegro’s Path to EU Membership Continues Positively

The main focus of Montenegro at the moment is to gain EU membership approval, and progress is currently on the right track following a meeting between government representatives including the Prime Minister Zdravko Krivokapić & EU Officials.

Ulcinj set to become a new Regional Centre for Tourism By 2030

As Montenegro continues to recover from the global Covid Pandemic, posting strong visitor numbers of 740,000 tourists in July, the government met recently to discuss how they can further capitalize on increased demand for tourism to the country.

IHG Hotels Set to Open Their First Luxury Resort in Montenegro

As developments continue to grow in Montenegro with the increased demand for travel and tourism to this stunning part of the World, the IHG Hotel Group have decided that now is the perfect time to be establishing their first luxury hotel in the country.

A Huge Step in the Right Direction for Montenegro’s LGBT Community

Homosexuality in Montenegro still remains a very sensitive subject, as it does with most of the Balkan Regions, however, there is a deeper understanding that times are changing rapidly and more needs to be done to integrate everybody, including those from the LGBT community.