EU accession transforms a country’s banking system less through headline announcements and more through a slow, unavoidable rewiring of how risk is priced, how credit is allocated and how customers are assessed. For Montenegro, this shift would be one of the most consequential economy-wide changes triggered by EU membership, because banking sits upstream of almost...
For the European Union, the visibility of EU-funded projects is not a secondary communication exercise and not a public-relations afterthought. It is an integral component of governance, budget accountability, and political legitimacy, particularly in candidate countries and pre-accession environments such as Montenegro. Yet the role visibility plays inside the EU system is often misunderstood. It...
Montenegro’s eventual accession to the European Union will not be an isolated milestone. It will reshape the strategic, economic, and logistical landscape of the entire Western Balkans, creating the region’s first EU member-state anchor integrated into the same political, regulatory, and economic framework as the rest of the continent. For Serbia, Bosnia and Herzegovina, North Macedonia, Albania, and Kosovo*,...
For years, Montenegro has been perceived primarily as a destination rather than a platform—a place to visit, to vacation, or to build real estate in. But as the country advances toward European Union membership, a deeper and more structural shift is underway. It is transforming from a tourism-based service economy into a Euro-priced, regulation-aligned, professionally governed...
In every capital project—whether a substation, transmission corridor, or renewable-energy facility—engineering design is not simply a technical exercise. It is the foundation of financial confidence. Investors and lenders price risk, and risk originates in engineering uncertainty. The more complete, constructible, and verifiable a design is, the more predictable the project’s cost, schedule, and performance become....
In a world where risk is increasingly complex, digital intelligence is no longer optional.It is the investor’s strongest protection—and the OE is its architect. The digital transformation of engineering oversight Energy, industrial, and large-scale infrastructure projects generate millions of data points—drawings, schedules, material tests, NCRs, progress logs, SCADA inputs, HSE incidents, environmental measurements, commissioning parameters....
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...
In industrial construction, money doesn’t move on promises. It moves on proof. Banks demand it to disburse; insurers demand it to underwrite and pay claims. The Owner’s Engineer (OE) sits in the middle, converting site reality into evidence of compliance and quality that satisfies both. Why banks and insurers care about the OE Translation: Better engineering discipline ↓ underwriting uncertainty...
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,...
