The successful implementation of the Just Transition Plan for Pljevlja, centered on the transformation of the Pljevlja Coal Mine (RUP), requires additional financial and partnership support, according to RUP Executive Director Nemanja Laković.
During a meeting with Yngve Engstroem, Head of Cooperation at the EU Delegation to Montenegro, Laković presented 12 concrete business ideas with ready development strategies. He emphasized that while the project has the support of the state-owned utility EPCG and good cooperation with institutions, further investment mechanisms are essential.
“Our goal is to secure initial funding so these businesses can grow on market-based principles,” Laković said, stressing their long-term sustainability and job creation potential. He highlighted the IT sector as a key growth area, requiring further infrastructure and skilled labor.
Engstroem praised the plan and reaffirmed EU support for green transition initiatives in sectors such as IT, renewables, agribusiness, and transport. He noted that over €80 million in EU funding is available for Montenegro’s green and just transition under the EU Growth Plan for the Western Balkans.
He underlined the importance of linking public investments with EU funds, training the workforce, and attracting private investment — including from the Montenegrin diaspora.
Participants agreed on the need for strong local partnerships, better investor collaboration, and streamlined administrative procedures. The EU Growth Plan’s implementation will be crucial, complementing existing instruments supporting energy transition, human capital, and the business environment.
