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Bulgaria tops Romanian tourists’ preferences, Montenegro paces up

By   /  29/04/2016  /  BG Business, Bulgaria, Business, GR Business, Greece, ME Business, Montenegro, RO Business, Romania  /  Comments Off on Bulgaria tops Romanian tourists’ preferences, Montenegro paces up

Bucharest, April 29, 2016/ Independent Balkan News Agency By Irina Stoica In 2015, over a million Romanian tourists visited Bulgaria, making them the most numerous foreigners in the neighboring country for the 8th year in a row. Each one pent, in average, 600-800 euros. So the revenue these tourists bring to Bulgaria is about 1 […]

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Regional cooperation in economy essential for Western Balkan

By   /  13/05/2015  /  AL Business, Albania, BA Business, Bosnia & Herzegovina, Business, Croatia, F. Y. R. O. Macedonia, Headlines, HR Business, ME Business, MK Business, Montenegro, RS Business, Serbia, SI Business, Slovenia, TR Business, Turkey  /  Comments Off on Regional cooperation in economy essential for Western Balkan

Sarajevo, May 13, 2015/ Independent Balkan News Agency By Mladen Dragojlovic “One region-One economy” is the motto of the 6th Sarajevo Business forum which started its works Wednesday in the BiH capital. The event was attended by many economists and high ranked politicians from various countries from region of Western Balkan, Turkey and Islamic countries. […]

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The Czech company Skoda Praha-contracted the job of building power plants in Montenegro

By   /  04/05/2015  /  Business, Energy, Headlines, ME Business, ME Energy, Montenegro  /  Comments Off on The Czech company Skoda Praha-contracted the job of building power plants in Montenegro

Podgorica, May 4, 2015/ Independent Balkan News Agency By Adnan Prekic The Czech company Škoda Praha placed the best offer on the international tender issued by the Montenegrin government and as a result was assigned to build another block of thermal power plant in Pljevlja. The Board of Directors of the national electricity company has […]

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Recovery of the industrial production in Montenegro

By   /  27/04/2015  /  Business, Finance, Headlines, ME Business, ME Finance, Montenegro  /  Comments Off on Recovery of the industrial production in Montenegro

Podgorica, April 27, 2015/ Independent Balkan News Agency By Adnan Prekic The recovery of production in the aluminum industry and good results in the production of electrical energy affected the strong growth of the Montenegrin economy during 2015. In the January to March period, the total industrial production grew by 7 percent compared to the […]

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Porto Skadar Lake: A unique concept for a unique place

By   /  23/04/2015  /  Business, Headlines, ME Business, Montenegro  /  Comments Off on Porto Skadar Lake: A unique concept for a unique place

Podgorica, April 23, 2015/ Independent Balkan News Agency By Adnan Prekic Montenegro will soon have a new, completely unique, eco-tourism complex called Porto – Skadar Lake. In contrast to the all previous large investments in tourism, this is the first large investment which is realized in the continental part of the country. The project is being […]

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Montenegro’s tourism last year contributed over 20% to the gross domestic product

By   /  20/04/2015  /  Business, Headlines, ME Business, Montenegro  /  Comments Off on Montenegro’s tourism last year contributed over 20% to the gross domestic product

Podgorica, April 20, 2015/ Independent Balkan News Agency By Adnan Prekic Tourism as one of the most important branches of Montenegro economy, last year accounted to 20% of the gross domestic product. In figures that means that the Montenegrin economy benefited more than 730 million euros from tourism. Montenegro every year is recording better results […]

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Government of Montenegro has prepared plan to reduce foreign trade deficit

By   /  17/04/2015  /  Business, Headlines, ME Business, Montenegro  /  Comments Off on Government of Montenegro has prepared plan to reduce foreign trade deficit

Podgorica, April 17, 2015/ Independent Balkan News Agency By Adnan Prekic Montenegro is one of the regional countries with large foreign trade deficit. Montenegrin import is five times higher than exports. A large part of imports make agricultural products or food. Although a significant portion of agricultural products is imported within the tourism industry, the […]

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Montenegro’s negotiations with the European Union suspend all trade agreements

By   /  15/04/2015  /  Business, Headlines, ME Business, ME Politics, Montenegro, Politics  /  Comments Off on Montenegro’s negotiations with the European Union suspend all trade agreements

Podgorica, April 15, 2015/ Independent Balkan News Agency By Adnan Prekic Due to the opening of a new chapter, chapter 30, in negotiations with the European Union, which relates to the field of foreign policy, Montenegro will have to suspend all commercial agreements with third countries. This primarily relates to trade relations with some countries, […]

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Turkish Ziraat Bank receives permission to open a branch office in Montenegro

By   /  07/04/2015  /  Business, Finance, Headlines, ME Business, ME Finance, Montenegro  /  Comments Off on Turkish Ziraat Bank receives permission to open a branch office in Montenegro

Podgorica, April 7, 2015/ Independent Balkan News Agency By Adnan Prekic The Council of Montenegrin Central Bank has issued a license to turkish ‘Ziraat Bank’ to operate in Montenegro. Ziraat Bank applied for permission in December 2014 and it is expected that the Turkish lender will begin opening its branches in the coming months. The […]

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Royal Group from the Arab Emirate abandons investment project in Montenegro

By   /  06/04/2015  /  Business, Headlines, ME Business, Montenegro  /  Comments Off on Royal Group from the Arab Emirate abandons investment project in Montenegro

Podgorica, April 6, 2015/ Independent Balkan News Agency By Adnan Prekic The company Royal Group, behind which stands royal family of the United Arab Emirates, gave up on the investment in a tourist complex on “King’s Beach”. As it is explained, the company Royal Group has give up on their investments due to the months-long […]

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