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ECB Rate Hike May Impact Montenegro’s Borrowing Costs

The recent increase in interest rates by the European Central Bank (ECB) is expected to influence borrowing costs in Montenegro, although an immediate impact...

Montenegro Halts Airport Concession Process, Plans €10 Million Upgrade Before 2027

The Montenegrin government has announced a suspension of its airport concession initiative for approximately 18 months. Instead, the state plans to allocate up to...

World Bank Highlights Montenegro’s Investment Program Progress and Debt Management Concerns

The World Bank has reported that Montenegro's investment program is advancing ahead of schedule, while cautioning the government about maintaining fiscal discipline as it...

Montenegro Initiates €694 Million Motorway Subcontracting Framework

Montenegro has established guidelines for subcontracting related to the €693.97 million Mateševo-Andrijevica motorway project, aiming to create significant opportunities for local construction firms while...

Air Montenegro Reports Strong Cash Position Amid Increased Competition

Air Montenegro, the state-owned airline, has announced it currently holds approximately €12 million in cash, indicating that it does not require government liquidity support...

Ulcinj Completes €5 Million Wastewater Network Project

The municipality of Ulcinj in Montenegro has finalized a wastewater project valued at approximately €5 million, funded by the European Investment Bank (EIB). This...

Montenegro Expands Mining Concession Pipeline with 11 New Sites

Montenegro has included 11 new locations in its geological exploration and mineral extraction program set for 2026, reflecting an increased interest in domestic resources...

Hotel Plaža in Herceg Novi Set for Auction at €24.6 Million Amid Creditor Recovery Efforts

The Hotel Plaža complex in Herceg Novi is poised for a forced auction, with an initial bidding floor set at approximately €24.6 million. This...
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