Companies
Montenegro IT sector enters a more uneven phase as revenues soften and margins come under pressure
Montenegro’s ten largest IT companies generated €64.3 million in combined revenue in 2025, but sector profitability fell 8.6%, signaling margin pressure across the country’s digital economy.…
Montenegro’s food distribution sector expands revenues but margin pressure signals a changing consumer economy
Montenegro’s consumer and retail economy is entering a more demanding phase as rising operating costs, inflation-sensitive consumption and tighter margins increasingly pressure the country’s largest food…
Voli commits to a new €100 million-plus investment cycle as Montenegro retail scales up
Montenegro’s largest domestic retailer, Voli, has launched an investment program exceeding €100 million, targeting new supermarkets, logistics upgrades and mixed-use commercial facilities. The move underscores how…
EPCG pushes back Perućica A8 hydro unit commissioning to 2028 after procurement review runs long
Montenegro’s state utility EPCG says the new A8 turbine-generator unit at the Perućica hydropower plant will not be commissioned in 2027, with startup now effectively targeted…
NIS boosts upstream spending with RSD 4.9 billion exploration push in Serbia
Naftna Industrija Srbije (NIS) invested about RSD 4.9 billion in oil and gas exploration during the first quarter, directing capital to drilling, geological work and upgrades…
Wienerberger to buy Serbia’s Univerzum Group, expanding clay block production in Southeast Europe
Wienerberger has agreed to acquire Serbia’s clay block producer Univerzum Group, adding two manufacturing sites and deepening its reach across Southeast Europe. The phased purchase will…
REGAGEN issues long-term generation license for Solar Sign as Montenegro’s renewable build-out accelerates
Montenegro’s energy regulator REGAGEN has granted Bijelo Polje-based Solar Sign a long-term electricity production license valid until 13 May 2036, extending the country’s expanding pipeline of…
Serbia pushes back on MOL as NIS sale talks near OFAC deadline
Negotiations over the potential sale of the Russian-controlled majority stake in Serbia’s NIS have entered a high-stakes phase, with OFAC setting 22 May as a key…
Montenegro’s proposed corporate registry reforms could put about 22,000 firms at risk of deletion
Proposed amendments to Montenegro’s Law on Business Companies would allow roughly 22,000 entities to be removed from the Central Register of Business Entities after many failed…
EPCG’s profit jump underscores Montenegro’s pivot to renewables—and the capital demands ahead
Montenegro’s state power utility EPCG reported first-quarter net profit of €36.47 million, up 257% year-on-year, driven by unusually strong hydrology and improved trading results. The rebound…