Miodrag Đuranović, councilor of the Civic Movement URA in the Podgorica City Assembly, warned that Montenegro continues to experience a troubling trade imbalance, with data from the first eight months of the year showing an alarming trend. According to Đuranović, Montenegro’s exports fell by 4.6%, totaling only €365.7 million, while imports increased by 6.5%, reaching...
The President of the Chamber of Economy of Montenegro, Dr. Nina Drakić, opened the Montenegro 2025 Economic Conference in Budva under the theme “Regional Economies in Today’s Challenges”, emphasizing that the conference, held continuously since 2010, has become a key regional forum for dialogue between businesses, experts, and policymakers. Drakić highlighted that despite global challenges,...
Montenegro is experiencing its highest annual inflation since May 2024, according to Boris Mugoša, head of the SD parliamentary club and European Union representative. Data from MONSTAT for September show that inflation in Montenegro is more than double that of the eurozone. Key price increases include fruit (21.9%), pharmaceuticals (15.4%), oils and fats (14%), and...
Montenegro’s SBS pitch isn’t theoretical. From Tivat you can recruit multilingual talent across the Western Balkans, keep teams happy by the sea, and fly clients in and out with minimal friction. Add euro pricing and disciplined operations and you’ve got a compact, finance-friendly base to serve EU workflows in CET hours. The human-capital angle: a...
Montenegro won’t win your supply-chain model on tariff preference alone—and it doesn’t need to. The country’s pitch is operational: bonded capacity at the Port of Bar, seamless Common Transit (NCTS) into the EU, CEFTA reach across the Western Balkans, euro pricing that kills FX noise, and a lean 9–15% corporate tax regime. Put together, those levers move goods (and cash) faster—even when tariff preference isn’t...
At the Port of Bar, companies can store and process goods in a Free Zone—deferring duty/VAT while they relabel, kit, test, or configure products before re-export. The port operator confirms Bar’s Free Zone status and long history of bonded operations; international logistics firms advertise the same advantage to clients using Bar as a short-sea gateway to Central Europe. From 1...
Once known as a tranquil resort for summer visitors, Herceg Novi is quietly stepping into a new role — a city to live, work, and build a sustainable lifestyle. Located at the northern entrance to the Bay of Kotor, it combines centuries-old charm with a new wave of digital freedom and international ambition. With over 200 sunny days per year,...
Montenegro, a nation better known for its coastal tourism, is steadily becoming a hub for engineering and infrastructure investment in the Western Balkans. From roads and railways to energy grids and smart cities, the country is investing heavily in technical projects to modernize its economy and align with EU standards. For investors, these projects present...
Montenegro, a small Adriatic nation with outsized ambitions, is increasingly positioning itself as a logistics bridge between the Western Balkans and the European Union. With the EU as its dominant trade partner, the country’s strategy hinges on modernizing its sea, rail, and road infrastructure while navigating the complex terrain of customs duties, free-trade deals, and...
Perched at the entrance of the Bay of Kotor, Herceg Novi is often described as Montenegro’s “city of sunshine,” but its appeal goes far beyond scenic views and Mediterranean charm. Once known primarily as a summer resort, this coastal town is emerging as a strategic hub for entrepreneurs, investors, and expatriates seeking a vibrant, all-season...
