Located in the northern region of Montenegro, Nikšić is emerging as a significant player in the European industrial and business sectors. Known for its rich cultural heritage and natural beauty, Nikši
Herceg Novi: Montenegro’s Emerging IT Nearshoring Hub with Unique Advantages
In the picturesque landscape of Montenegro lies Herceg Novi, a coastal town with untapped potential in the technology sector. This article explores how Herceg Novi could evolve into a major Informatio
Montenegro Government’s Investments and Incentives for Promoting Sustainable Business Operations
Montenegro, a picturesque country located in Southeast Europe, is committed to fostering sustainable development and attracting environmentally responsible businesses. The Montenegrin government has i
Montenegro economy briefing: Wage growth in the public sector and other labour market issues
Abstract During the first three months of 2023, favourable trends were recorded on the labour market. Earnings recorded a growth of slightly more than 10% in comparison with the same period in 2022. T
Montenegro citizenship by investment: 5 Things to know
Montenegro citizenship by investment is a program that allows people to obtain citizenship in the country with a significant financial investment in the country. This can include investing in real est
Montenegro, Recent Economic Developments, International Investment Position
In 2019, the Central Bank of Montenegro has published for the first time the net international investment position (NIIP) of Montenegro, which is a difference between external financial assets (receiv
Montenegro, Recent Economic Developments, External Sector, Current Account
According to the preliminary data, in the period January-September 2021, the current account deficit was 249.2 million euro and was lower by 71.1 percent relative to the same period of 2020. Narrowing
Montenegro, Recent Economic Developments, External Sector, Current Account
According to the preliminary data, in the period January-September 2021, the current account deficit was 249.2 million euro and was lower by 71.1 percent relative to the same period of 2020. Narrowing
Montenegro, Recent Economic Developments, Financial Account
In the period January–September 2021, the portfolio investments account recorded a net outflow of 396.5 million euro, while the net outflow on the other investments account was 294.4 million euro. The
Montenegro, Recent Economic Developments, Gross Domestic Products
In spite of the negative effects of the coronavirus pandemic and contraction of the gross domestic product of 15.3 percent in 2020, the Montenegrin economy is recording a strong recovery in 2021, prim