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...
Montenegro is gradually positioning itself as a regional hub for research and development (R&D), with a growing focus on technology, innovation and strategic resources that align with European Union (EU) priorities. The country’s location on the Adriatic coast, combined with its competitive advantages, such as a skilled workforce, business-friendly regulations and access to regional talent,...
Montenegro is emerging as a viable hub for digital business operations, offering unique advantages for international companies, particularly those targeting the European Union (EU) market. The country’s growing IT sector, skilled workforce, strategic location and favorable business environment position it as an attractive destination for international firms seeking cost-effective outsourcing and market entry into the...
Montenegro is emerging as an attractive destination for high-tech Asian companies looking to expand their footprint in the European Union (EU) and Southeast Europe. The country offers a strategic combination of geographic advantages, a favorable investment climate, and growing alignment with EU standards, making it an ideal base for companies targeting the EU market. 1....
Montenegro has established itself as a strategic gateway for EU companies looking to expand their operations and exports to the Southeast European markets and beyond. With its ongoing EU accession efforts, strong economic growth, and strategic location, Montenegro provides unique opportunities for businesses seeking to tap into new markets while benefiting from a favorable business...
Montenegro presents substantial nearshoring opportunities for EU businesses aiming to expand operations and streamline supply chains in key sectors. With its favorable geographic location, developing infrastructure and alignment with EU standards, the country is becoming an attractive hub for various industries. Here’s an overview of the sectors where Montenegro can serve as a nearshoring base...
Montenegro offers a strategic entry point for EU companies aiming to expand their sales and exports into regional and global markets. Key factors that make Montenegro an attractive hub include its access to diverse markets, favorable investment environment and streamlined logistics capabilities. 1. Strategic geographic position and market access • Location: Montenegro’s location along the...
Montenegro’s strategic location, investment-friendly policies and trade agreements position it as an ideal hub for international companies seeking to expand their operations into the European Union (EU) and other regional markets. The country’s integration into EU frameworks, along with a supportive business environment, creates numerous opportunities for companies aiming to optimize their supply chains, reduce...
