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IFC Threatens to Exit Montenegro Airport Concession Deal Over Lack of Transparency

The International Finance Corporation (IFC), part of the World Bank Group and the key advisory partner in Montenegro’s airport concession process, has raised serious...

Serbia expresses interest in concession for Montenegro’s Airports amid political and economic questions

Serbia’s Deputy Prime Minister and Finance Minister Siniša Mali has shown interest in obtaining the concession for the two international passenger airports in Podgorica...

Crnogorski Telekom reports strong 2024 growth, announces dividends and strategic investments

At today’s regular Shareholders’ Meeting of Crnogorski Telekom AD in Podgorica, the company approved its Financial Statements and Business Report for 2024. The company...

EPCG continues Komarnica hydropower project despite temporary environmental report withdrawal

Montenegro’s state energy company, Elektroprivreda Crne Gore (EPCG), has not abandoned the construction of the Komarnica hydroelectric power plant (HPP Komarnica). However, it has...
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EBRD and EU launch €145 million “SME Go Green” program in Montenegro

The European Bank for Reconstruction and Development (EBRD), in partnership with the European Union (EU), launched the "SME Go Green" program in Podgorica to...

Third tender announced for road reconstruction linking Cmiljača and Žarski ski resorts after previous bid canceled

The Capital Projects Directorate will need to announce a third tender for the conceptual design and main project for the reconstruction of the road...
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