Miodrag Đuranović, councilor of the Civic Movement URA in the Podgorica City Assembly, warned that Montenegro continues to experience a troubling trade imbalance, with data from the first eight months of the year showing an alarming trend. According to Đuranović, Montenegro’s exports fell by 4.6%, totaling only €365.7 million, while imports increased by 6.5%, reaching...
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’s state-owned power utility, Elektroprivreda Crne Gore (EPCG), has strengthened its leadership in the regional energy transition by signing two key Memorandums of Understanding (MoUs) with leading French renewable energy companies. The first MoU, signed with AKUO ENERGY, establishes a framework for the joint development of a floating solar power plant on Slano Lake, as...
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...
In industrial construction today, an ESG non-conformity can hold a loan tranche as effectively as a failed transformer test. Lenders and investors now expect the Owner’s Engineer (OE) to treat environmental, social, and governance risks with the same rigor as design and quality—because the financial consequences are real and immediate. Why ESG non-conformities matter to...
Montenegro’s SBS pitch isn’t theoretical. From Tivat you can recruit multilingual talent across the Western Balkans, keep teams happy by the sea, and fly clients in and out with minimal friction. Add euro pricing and disciplined operations and you’ve got a compact, finance-friendly base to serve EU workflows in CET hours. The human-capital angle: a...
You don’t need tariff magic to make the Adriatic hub work. Montenegro’s edge is operational—bonded warehousing at the Port of Bar, NCTS transit straight into the EU, CEFTA reach across the Western Balkans, euro pricing that kills FX noise, and a lean 9–15% corporate tax. For the right product families, speed and cashflow beat small duty...
Montenegro won’t win your supply-chain model on tariff preference alone—and it doesn’t need to. The country’s pitch is operational: bonded capacity at the Port of Bar, seamless Common Transit (NCTS) into the EU, CEFTA reach across the Western Balkans, euro pricing that kills FX noise, and a lean 9–15% corporate tax regime. Put together, those levers move goods (and cash) faster—even when tariff preference isn’t...
At the Port of Bar, companies can store and process goods in a Free Zone—deferring duty/VAT while they relabel, kit, test, or configure products before re-export. The port operator confirms Bar’s Free Zone status and long history of bonded operations; international logistics firms advertise the same advantage to clients using Bar as a short-sea gateway to Central Europe. From 1...
