Companies
CGES nears completion of €1m upgrade to Montenegro’s Budva–Tivat coastal transmission lines
Montenegro’s transmission system operator CGES is close to finishing reconstruction of the Budva–Lastva and Lastva–Tivat 110 kV lines, a roughly €1 million project spanning 17 kilometres.…
Montenegro’s CBAM playbook: why metering, GOs and MRV—not generic “green power”—will decide EU market access
For Montenegro, CBAM raises the commercial stakes of electricity and export documentation by requiring a fully traceable low‑carbon evidence chain. The playbook centers on metered generation,…
FEED is becoming the foundation of bankable environmental and energy-efficiency industries
Across Europe and increasingly throughout South East Europe, FEED — Front-End Engineering Design — is moving from a technical pre-construction exercise into one of the most…
Hipotekarna banka posts solid Q1 profit as Montenegro banking sector consolidates
Hipotekarna banka reported €5.39 million in net profit for the first quarter of 2026, building on a record 2025 and underscoring its resilience as Montenegro’s banking…
Serbia hardens its stance in MOL–NIS talks, prioritizing refinery control and domestic fuel security
Serbia has rejected MOL’s first proposal for the Russian stake in NIS, arguing it lacked binding guarantees on PanÄŤevo refinery operations, fuel supply continuity and future…
Montenegro annuls approval for 118.8 MW Bijela wind farm, restarting environmental permitting
Montenegro’s ecology ministry has annulled the environmental approval for the planned 118.8 MW Bijela wind park, sending the case back to the start of the permitting…
Al Dahra to invest about €20 million in Serbia, betting on irrigation and logistics resilience
Abu Dhabi-backed agribusiness group Al Dahra plans a new investment cycle of roughly €20 million in Serbia, prioritizing irrigation, drainage and logistics upgrades alongside machinery and…
Avio Network acquisition of JAT Tehnika signals Serbia’s push to upgrade aircraft maintenance capabilities
Belgrade-based Avio Network has acquired JAT Tehnika, one of the Western Balkans’ largest aircraft maintenance and repair providers, setting out plans to modernize infrastructure, equipment and…
Montenegro’s construction leaders consolidate power as real estate and infrastructure demand holds up
Montenegro’s construction sector kept consolidating in 2025, with Bemax remaining the top revenue generator while Zetagradnja led on profitability. The results underscore how closely the country’s…
Montenegro’s leading hotel groups lift combined revenues above €314.5 million as luxury tourism deepens
Montenegro’s 20 largest hotel groups generated more than €314.5 million in combined revenues, underscoring how the Adriatic tourism economy is shifting toward integrated luxury resorts and…