Montenegro’s Energy and Mining Minister Admir Šahmanović held talks with Hungary’s 4iG Plc., Abu Dhabi-based Apex Holding and GTCA at ADIPEC 2026 in Abu Dhabi, discussing possible cooperation in battery storage and renewable energy. The Ministry of Energy and Mining said the meetings took place over two working days at the event, which runs from 2 to 5 November 2026. The talks come as the ministry prepares a public call for strategic partners in battery storage.
The discussions covered opportunities for strategic partnerships in Montenegro, particularly battery systems and the development of solar and wind power plants. The ministry said the companies’ interest related to possible cooperation and investment, but the talks did not establish that any projects would proceed.
4iG Plc., a Hungarian company, discussed potential involvement in energy and infrastructure projects in Montenegro, with particular interest in battery storage and renewable energy. Its delegation was led by Gellért Jászai, the company’s president and group chief executive.
Apex Holding and the ministry considered joint investment opportunities linked to Montenegro’s renewable energy potential, electricity storage and innovative energy technologies. The Abu Dhabi-based investment group operates in energy, industry, infrastructure and new technologies and has a market capitalisation of approximately $3 billion. Its representatives expressed interest in continuing talks and identifying specific investment opportunities.
GTCA, which connects international EPC companies and energy technology suppliers with regional markets, discussed links with Montenegro’s energy sector. The meeting also considered partnerships that could bring new technologies and business partners to the Montenegrin market.
The ministry is preparing a public call to establish strategic partnerships in battery storage. Battery systems can allow more flexible management of electricity production and the power system, while improving the use of output from solar and wind plants, whose generation depends on weather conditions.
No investment value, timetable, specific projects or signed contracts were disclosed. The companies’ interest and willingness to continue discussions therefore do not confirm that investments will be made.
Energy investment and regional links
During his visit to Abu Dhabi, Šahmanović also gave interviews to the United Arab Emirates news agency WAM, U.S. media platform Semafor and international business and financial media company Bloomberg. The interviews covered Montenegro’s goals in the European integration process and its energy links with the European Union market.
They also addressed energy projects under implementation or development, the investment cycle, renewable energy, infrastructure improvements and efforts to create conditions for attracting new international partners. The ministry has not specified when it will issue the public call for battery storage partnerships.
