Plant engineering is a complex discipline encompassing various activities throughout the project lifecycle—from conceptual design and feasibility studies to construction, commissioning and operation. The Owner’s Engineer (OE) plays a pivotal role in ensuring each phase is executed efficiently, meeting the project’s technical, financial and regulatory requirements. Below, we elaborate on the key phases in plant...
The role of the Owner’s Engineer (OE) in supervising EPC/FIDIC contracts is indeed pivotal for project success. Here’s a concise breakdown of the OE’s responsibilities during various project phases: 1. Pre-construction phase 2. Design phase 3. Construction phase 4. Commissioning and testing phase 5. Project close-out and handover 6. Claims and dispute resolution Importance of...
Montenegro, a vibrant gem on the Adriatic coast, has increasingly become a popular choice for expatriates, retirees and investors seeking a unique blend of natural beauty, economic opportunity and a high quality of life. As one of the fastest-growing economies in the Balkans, Montenegro offers a wealth of advantages for those considering relocation, including favorable...
Montenegro, a small yet vibrant country on the Adriatic coast, is positioning itself as a strategic gateway into the European market. Its advantageous geographical location, favorable investment climate and efforts toward European Union integration make it an appealing destination for businesses and investors. As Montenegro enhances its infrastructure and aligns its regulations with EU standards,...
Montenegro offers a highly favorable tax and business environment that attracts foreign investors, entrepreneurs and high-net-worth individuals (HNWIs) seeking tax efficiency and a stable regulatory framework. With its efforts to align with European Union standards, Montenegro emerges as a competitive choice for those looking to establish a presence in Europe. This analysis delves into Montenegro’s...
Montenegro’s strategic location along the Adriatic Sea, coupled with its emerging status as a business hub and favorable tax regime, positions it as an ideal gateway for international trade and re-export activities. The country’s tax policies are specifically designed to facilitate the import, processing, and re-export of goods, attracting foreign businesses seeking cost-effective access to...
Montenegro is experiencing a surge in its expatriate community, an expanding real estate market and growing appeal as a luxury destination. This trend has created a rising demand for high-quality international education. Currently, the limited presence of established international schools presents a significant market opportunity for investors and educational institutions eager to serve expatriate families...
Montenegro is rapidly establishing itself as a premier luxury destination in the Balkans, attracting affluent visitors and investors worldwide. With its breathtaking landscapes, upscale developments and strategic initiatives, Montenegro presents a unique blend of investment potential and luxury appeal, especially as it aspires for European Union membership. This positioning makes it an attractive gateway for...
Montenegro, situated along the stunning Adriatic Sea, is rapidly transforming into a sought-after luxury destination. With its breathtaking coastline, upscale resorts and a flourishing real estate sector, the country is carving out a niche in the luxury tourism and goods market. This analysis explores the key drivers, emerging trends, and strategic opportunities for luxury brands...
Lenders, banks and investment funds involved in financing large-scale energy and industrial projects, such as wind parks and renewable energy developments, can greatly benefit from the expertise of an Owner’s Engineer (OE). Acting as an independent technical advisor, the Owner’s Engineer represents the interests of project developers and financiers, ensuring adherence to high-quality standards throughout...
