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Montenegro and Hungary form strategic partnership: Enhancing economic and political relations

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Montenegro and Hungary are interested in building a long-term strategic partnership, as conveyed from the meeting between Prime Minister Milojko Spajić and Hungarian Minister of National Economy Marton Nagy, who is visiting Montenegro.

As stated by the Government, Spajić briefed Nagy on investment opportunities and the business environment in Montenegro.

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Spajić stated that the successful operation of Hungarian companies in Montenegro, including 4iG, OTP, and others, best illustrates this.

Nagy emphasized the significance of Montenegro for Hungary and reiterated Budapest’s support for Montenegro’s membership in the European Union.

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“We want to strengthen our political and economic ties. Therefore, we strongly support your efforts to build transportation infrastructure as a prerequisite for better connectivity and stronger economic exchange between our countries,” Nagy said.

Given the increasing number of Hungarian tourists in Montenegro, significantly contributed by the direct air route Podgorica – Budapest, the interlocutors also exchanged views on investment possibilities in the tourism industry and hotel sector.

According to the statement, there were discussions on intensifying cooperation in the field of digitization and telecommunications with the president of the 4iG group, Gellert Jaszai, who, along with the Hungarian Ambassador to Montenegro, Jozsef Nedjesi, attended the meeting held today in Spajić’s office.

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