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...
Montenegro may be one of Europe’s smallest economies, but its ambitions are anything but modest. As the country advances toward European Union membership and deepens its network of free-trade agreements (FTA), new opportunities are emerging in financial services, digital technology, and cross-border business. For investors and entrepreneurs, Montenegro’s transformation is turning this Adriatic nation into a strategic...
Montenegro may be small, but its economy is opening wide. With spectacular mountains, an enviable Adriatic coastline and a steady stream of foreign newcomers, the country is quietly transforming into one of Europe’s most dynamic investment frontiers. From luxury resorts to renewable energy, the race is on to capture the next wave of growth. Tourism goes upmarket...
Montenegro’s shimmering Adriatic coast and relaxed lifestyle have drawn a growing wave of international residents in recent years. From digital nomads and remote workers to retirees and foreign investors, the small Balkan nation is experiencing a quiet demographic shift. But behind the postcard-perfect views lies an urgent question: Can Montenegro’s healthcare system keep pace with...
Clarion Owners Engineer, a leading Serbian engineering and consulting firm specializing in energy and industrial projects, has signed two significant new contracts with private investors to provide Owner’s Engineer (OE) and supervision of works services for major renewable energy developments. The newly signed agreements encompass two separate projects, solidifying Clarion’s position as a premier partner...
Construction has commenced on a cutting-edge 150 MW wind park grid connection project in a high-altitude mountain region, with Clarion Owners Engineer overseeing the project as the Works Supervisor and Silver& Yellow FIDIC Engineer. This major renewable energy infrastructure project, executed under the Silver FIDIC EPC (Engineer, Procure and Construct) contract, is set to bring...
In recent years, luxury hotel investments in northern Montenegro have become a significant part of the country’s economic development strategy. These investments, particularly in mountainous regions such as Durmitor and Bjelasica, are enhancing Montenegro’s tourism appeal beyond its traditional coastal destinations, making the country a year-round luxury tourism hotspot. Below is an analysis of the impact of these luxury hotel developments on...
Montenegro’s strategic location on the Adriatic coast, combined with its competitive labor costs, growing talent pool and improving infrastructure, offers significant potential for becoming a hub for EU supply chains. This makes the country an attractive base for companies involved in manufacturing, logistics, and remote business operations targeting both the EU and regional markets. Below...
