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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
China Will Allocate 7 Million Euros for the Reconstruction of the Most Beautiful Bridge in MontenegroInvestments

China Will Allocate 7 Million Euros for the Reconstruction of the Most Beautiful Bridge in Montenegro

China will donate more than seven million euros to Montenegro for the reconstruction of the Đurđevića Tara Bridge over the Tara River, which is one of the country's most important tourist attractions, China Radio International online reports. "Based on the manif...

April 12, 2024Read more→
T
Investments

The fee for visiting the fortress walls in Kotor exceeded 1.1 million euros

The ticket price for visiting Kotor’s national landmark is 8 euros. From April 1 to August 31, 137,708 tourists visited the fortress walls. In the same period last year, 104,492 tourists climbed the walls, and revenue from ticket sales...

April 10, 2024Read more→
The Government of Montenegro Paid Off €70 Million in Debts During the PandemicInvestments

The Government of Montenegro Paid Off €70 Million in Debts During the Pandemic

In the second quarter of this year, which was marked by the coronavirus crisis and lockdown, the Government of Montenegro paid off debts amounting to €70.2 million, according to the latest official data from the Ministry of Finance. €5.55 million relates to the repayment of debt to residents...

April 9, 2024Read more→
M
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...

March 30, 2024Read more→
I
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...

March 29, 2024Read more→
New Bypass Road Around Budva: Bridges and Tunnels for 200 Million EurosInvestments

New Bypass Road Around Budva: Bridges and Tunnels for 200 Million Euros

The new bypass around Budva is planned to become one of the most modern road arteries in the country, with a cost of nearly 200 million euros. The new route will significantly reduce summer traffic jams and provide a safe and fast connection ...

March 27, 2024Read more→
I
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...

March 10, 2024Read more→
The EU has allocated over €3 billion for the implementation of projects in the BalkansInvestments

The EU has allocated over €3 billion for the implementation of projects in the Balkans

The European Commission announced the allocation of 3.2 billion euros for the implementation of 21 projects in the Western Balkan countries. This was reported by the Albanian news agency Telegrafi. According to journalists, the funds will be allocated for the construction of transpo...

March 8, 2024Read more→
Direct foreign investment in Montenegro has matched that of SloveniaInvestments

Direct foreign investment in Montenegro has matched that of Slovenia

The volume of direct foreign investment in Montenegro in 2020 amounted to 529 million euros, the same as in Slovenia. According to the report of the United Nations Conference on Trade and Development, in 2020 Serbia attracted $3.44 billion in direct foreign invest...

February 27, 2024Read more→
The USA and Russia Are the Leaders in Investments in the Montenegrin EconomyInvestments

The USA and Russia Are the Leaders in Investments in the Montenegrin Economy

In the first month of 2020, 8.7 million euros were invested in real estate in Montenegro, with Russian investors accounting for 2.2 million euros. In January 2020, the inflow of foreign investment into the national economy amounted to 50.5 million euros - 14.5% less than a year earlier. ...

February 16, 2024Read more→
Easing of quarantine: small and medium-sized businesses will begin operating from May 4Investments

Easing of quarantine: small and medium-sized businesses will begin operating from May 4

Already at the beginning of May, small and medium-sized businesses may begin operating in Montenegro, and in the second half of the month, catering and service establishments. Marinas for receiving all vessels will also be opened. This was announced to industry representatives t...

February 8, 2024Read more→
The IMF forecasts significant growth in Montenegro’s economy in 2022Investments

The IMF forecasts significant growth in Montenegro’s economy in 2022

The International Monetary Fund forecasts that Montenegro’s economy will grow by six percent in 2022. "A recovery in growth is expected in 2021 and 2022 at levels of 12% and 6%, respectively, which will be driven primarily by normalization...

January 31, 2024Read more→
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