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Montenegro Faces Labour Shortage Amid Recruitment and Employment Reforms

Montenegro's attempts to attract foreign workers are revealing significant operational challenges linked to its investment and tourism goals, as businesses grapple with the need...

Fuel Increases and Pellet Shortages Heighten Winter Cost Concerns in Montenegro

Montenegro's households and businesses are experiencing heightened financial pressure due to rising fuel prices and pellet shortages, raising concerns about the effectiveness of winter...

Wind and industrial projects in Montenegro face increased scrutiny over environmental approvals

In Montenegro, environmental approvals are emerging as a significant source of risk for various projects, particularly in light of ongoing disputes regarding wind development...

EPCG Engages EBRD for Renewable Energy Financing and Auction Initiatives

Montenegro's energy investment program is advancing towards critical financing and procurement discussions as EPCG engages with the European Bank for Reconstruction and Development regarding...

Montenegro Implements Subsidized Air Routes to Enhance Tourism

Montenegro has chosen ToMontenegro to operate five subsidized air routes from Podgorica, aimed at improving access to European markets. The success of these routes...

Budva budget revision highlights investment challenges in infrastructure

Budva's proposed budget revision underscores the difficulties of translating Montenegro’s infrastructure goals into tangible investments, as the municipality aims to increase its overall budget...

Montenegro’s Economic Growth Forecast Enhances Investment Prospects

Montenegro's revised economic growth outlook is bolstering the case for increased investment, contingent upon the effectiveness of infrastructure spending in enhancing productive capacity while...

Montenegro’s Proposed Wage Reform Faces Business Concerns Over Costs

Employers in Montenegro are assessing the implications of the proposed Euro model as they evaluate how increased minimum wages may impact their profit margins,...
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