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Montenegro, Value of completed construction works in the fourth quarter of last year amounted to EUR 179.7 million

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The value of completed construction works in the fourth quarter of last year amounted to EUR 179.7 million and was 8.1% less compared to the same period in 2021, according to Monstat’s preliminary data.

Compared to the third quarter of last year, the value of construction works increased by 3.3%.

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When we talk about the effective hours spent on construction sites, in the last quarter of 2022 they were 2.2% lower compared to the comparative period of a year earlier. Compared to the third quarter of the same year, they increased by 1.3%.

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