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Blog

Articles about real estate, life and investments in Montenegro

86 articles found

All categoriesLife in MontenegroResidence PermitLegislationInvestmentsTourism & LeisureReal EstateMontenegro News
The largest American investment to date: the new embassy in PodgoricaInvestments

The largest American investment to date: the new embassy in Podgorica

The American Embassy in Podgorica has begun construction of a new embassy complex worth 296 million dollars, which is expected to be completed in 2025. This was announced on September 20 during the presentation of this project, which today...

June 29, 2024Read more→
The expressway along the coast could cost 1.5 billion eurosInvestments

The expressway along the coast could cost 1.5 billion euros

The expressway will run along the Adriatic-Ionian corridor through Montenegro and Albania. According to preliminary results, the average estimated cost of implementing the coastal expressway project in Montenegro is about 13.2 million euros ...

June 23, 2024Read more→
IT industry revenue in Montenegro amounted to 147 million eurosInvestments

IT industry revenue in Montenegro amounted to 147 million euros

Minister of Economic Development and Tourism Goran Đurović, answering questions from members of parliament, said that with the creation of the Innovation Fund, the innovation and startup community received a specialized institution that will be responsible for implem...

June 22, 2024Read more→
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Investments

Another €500 million will be invested in the Porto Montenegro project in Tivat

To date, around €500 million has been invested in Porto Montenegro. “Over the next 10 years, we will invest the same amount again to build new facilities and develop about half of the remaining land of Arsenal,” noted Danilo Kalezić, PR representative ...

June 16, 2024Read more→
90 million euros will be invested in Montenegro's road projectsInvestments

90 million euros will be invested in Montenegro's road projects

If last year the government allocated 44 million euros for road projects, this year it has already allocated 45 million euros, the Ministry of Transport and Maritime Affairs of Montenegro said. Among the priorities is the reconstruction of the 16 km Tivat–Jaz road. The cost of the...

June 8, 2024Read more→
Ban on Business Without Registration: Montenegro Prepares Fines of Up to 20,000 EurosInvestments

Ban on Business Without Registration: Montenegro Prepares Fines of Up to 20,000 Euros

Amendments to the Law on Prevention of Illegal Business are under consideration in the Montenegrin parliament, with the aim of tightening control, reducing the gray economy, and improving tax compliance. What is considered illegal business? The law...

June 3, 2024Read more→
€22 million will be invested in the Kraljičina plaža hotel project in Sveti Stefan by the end of the yearInvestments

€22 million will be invested in the Kraljičina plaža hotel project in Sveti Stefan by the end of the year

Earlier, Adriatic Properties said it would invest €11.62 million in the construction of the five-star Kraljičina plaža hotel by December. However, the amount of investment this year has doubled. Dragan Marković, director of the hotel company "Milo...

May 24, 2024Read more→
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Investments

Montenegro is developing €3 billion in investments in the tourism industry

Among the largest projects in the tourism industry are the Portonovi complex on the Herceg Novi Riviera, Luštica Bay on the Luštica Peninsula, and Porto Montenegro in Tivat. The investors behind these projects are showing other market players that Montenegro is a safe place for ca...

May 19, 2024Read more→
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Investments

In 2018, Montenegro's national economy grew by 5%

Montenegro's GDP reached 4.66 billion euros, compared with 4.3 billion euros a year earlier, according to the statistical agency Monstat. By comparison, Russia's GDP growth rate in 2018 was significantly lower at 2.3% (Rosstat data). In 2018, gross v...

May 15, 2024Read more→
China will build a boulevard in Montenegro from Jaz to Tivat for 54 million eurosInvestments

China will build a boulevard in Montenegro from Jaz to Tivat for 54 million euros

A sixteen-kilometer road from Budva to Tivat Airport, along the Montenegrin coast, will be built by the Chinese consortium Shandong for almost 54 million euros. According to Radio Free Europe (RSE), this is 14 million more than was planned to be spent on...

April 18, 2024Read more→
An additional €500 million will be invested in the Porto Montenegro project in TivatInvestments

An additional €500 million will be invested in the Porto Montenegro project in Tivat

To date, around €500 million has been invested in Porto Montenegro. “Over the next 10 years, we will invest the same amount again to build new facilities and develop about half of the remaining land of Arsenal,” noted Danilo Kalezic, PR representative ...

April 14, 2024Read more→
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Investments

An additional 500 million euros will be invested in the Porto Montenegro project in Tivat

To date, around 500 million euros have been invested in Porto Montenegro. “Over the next 10 years, we will invest the same amount again to build new facilities and develop about half of the remaining land of Arsenal,” said Danilo Kalezić, PR representative ...

April 13, 2024Read more→
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