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Monteput and EBRD extend deadline for bidding on Bar-Boljare highway section

Monteput and the European Bank for Reconstruction and Development (EBRD) have extended the deadline for submitting technical and financial bids for the design and...

Institute “Dr Simo Milošević” moves forward with capital increase to settle €21 million debt

At the 19th Extraordinary Shareholders’ Meeting of the Institute “Dr Simo Milošević”, a decision was made to issue additional shares for recapitalization. The majority...

Montenegro begins installation of turbines at Gvozd wind farm

The installation of wind turbines has begun at the future Gvozd wind farm, Elektroprivreda Crne Gore (EPCG) announced. As part of Montenegro’s strong investment cycle...

Montenegro expects record airport traffic with Wizz Air expansion

Montenegro is anticipating that passenger numbers at its airports will surpass three million for the first time, following the arrival of Wizz Air, Transport...

Montenegro revises Development Bank role, drops deposit-taking and payment services

Montenegro’s Development Bank (RBCG) will not take on payment services or deposit-taking functions, according to proposed amendments to the Development Bank Law submitted by...

Alcazar Energy Partners secures €200 million for Bijela wind farm and plans €500 million investment in Montenegro by 2030

Alcazar Energy Partners has already secured nearly €200 million for the Bijela wind farm project, with plans to increase the company’s direct foreign investments...

Montenegro extends deadline for Bar-Boljare highway section bids

Montenegro’s state-owned company Monteput, in cooperation with the European Bank for Reconstruction and Development (EBRD), has extended the deadline for submitting technical and financial...

Montenegro 2024 Fiscal Audit shows major deviations from responsibility rules

Montenegro’s State Audit Institution (DRI) reported that in 2024, key fiscal responsibility criteria were breached, particularly regarding public spending limits, deficit planning, and public...
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