Tag Archives: construction sector
Montenegro banks tighten credit rules for real estate and industrial projects as financing shifts toward “bankable” assets
Montenegro’s lenders are moving from a construction-fueled lending cycle to project-quality underwriting, demanding stronger evidence on equity, permits, costs and long-term demand. The change is not…
Montenegro’s construction reset is reshaping the Adriatic real estate cycle
Montenegro has moved from a simplified building approval system to an EU-aligned permit framework, triggering a temporary permit slump in 2025 before approvals rebounded late in…
Montenegro’s building permit reset slows approvals but aims to upgrade the Adriatic real estate model
Montenegro has shifted from a notification-based construction system to an EU-aligned mandatory permit regime, temporarily tightening approvals and disrupting issuance. The government is also keeping foreign…
Serbia construction growth holds up in Q1 2026 as infrastructure and energy projects drive activity
Serbia’s construction sector expanded in the first quarter of 2026, with completed works rising 7.6% in current prices and 4.7% in constant prices. The mix of…
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…
Montenegro construction still grows, but quarterly momentum cools
New MONSTAT data show Montenegro’s construction works rose 5.1% year-on-year in Q1 2026, yet fell sharply versus the previous quarter—signaling a sequential slowdown after an unusually…
Montenegro’s construction boom turns toward infrastructure as EU, energy and logistics needs reshape demand
After two decades led by coastal housing and tourism development, Montenegro’s construction market is shifting toward infrastructure modernization. EU accession, the energy transition and transport upgrades…
Serbia’s property market shifts from residential cycle to logistics-and-industry buildout
Serbia’s real estate and construction activity is moving beyond a residential-led cycle as industrial expansion, infrastructure megaprojects and nearshoring reshape demand. By 2026, investors are likely…
Serbia’s construction market shifts from permit volume to higher-value infrastructure
Serbia’s building permits dipped slightly in February 2026, but the composition of approvals points to a move toward infrastructure, energy networks and other higher-value projects. Investors…
Serbia na prekretnici: Građevinski sektor se prilagođava novim ekonomskim uslovima
Dok je građevinski sektor u Srbiji decenijama bio pokretačka snaga ekonomske stabilnosti, trenutni izazovi dovode do promene paradigme....