With its strategic location, natural beauty, and growing economy, Montenegro has attracted substantial foreign investment in recent years. Among the prominent investors, Turkish companies have played a significant role in various sectors. Elevatepr.me explores some major Turkish investors in Montenegro and highlights their contributions to the country’s economic growth and development. 1. Investments in Infrastructure:...
Montenegro, a small yet vibrant country in the Balkan region, has quickly gained attention as an attractive investment destination. With its favorable business environment, strategic location, and diverse sectors, Montenegro offers numerous opportunities for investors seeking to expand their portfolios. This article explores some of Montenegro’s most competitive sectors and highlights the potential they hold...
Montenegro, a small Balkan country nestled along the Adriatic coast, has gained attention as an attractive destination for business and investments. With its stunning natural beauty, strategic location, favorable business environment, and commitment to economic growth, Montenegro offers several advantages for entrepreneurs and companies. In this article, we will explore the advantages and opportunities that...
The total inflow of foreign direct investments at the end of March amounted to EUR 209.41 million, a decrease of 15.33% compared to the same period last year, according to preliminary data from the Central Bank of Montenegro (CBCG). This decline, as explained, is the result of a decline in investment based on intercompany debt....
Abstract During the first three months of 2023, favourable trends were recorded on the labour market. Earnings recorded a growth of slightly more than 10% in comparison with the same period in 2022. This growth was mostly influenced by decisions on salary increases in the public sector during the previous and current year. The growth...
In 2019, the Central Bank of Montenegro has published for the first time the net international investment position (NIIP) of Montenegro, which is a difference between external financial assets (receivables-assets) and external financial liabilities and capital (liabilities). According to the international investment position, Montenegro is a net debtor, because it has a negative position, which...
In the period January–September 2021, the portfolio investments account recorded a net outflow of 396.5 million euro, while the net outflow on the other investments account was 294.4 million euro. The main drivers of developments on this account were lower borrowing of the State, as well as of banks and other sectors, on the account...
At the end of Q3 2021, the main characteristics of the financial sector are stability and moderate level of systemic risk. Temporary measures of the Central Bank, which enabled moratorium and restructuring of loans to the clients of banks, acted as stabilising factors both on the finances of the real sector and citizens, as well...
The banking sector of Montenegro made a strong contribution to the Montenegrin economy rebound, which was heavily affected by the COVID-19 pandemic in 2020. The banking system in Montenegro maintained stability, high liquidity, preserved profitability, and good capitalisation in 2021 as well. All key balance sheet items recorded an increase on annual level, and so...
