Tag Archives: Montenegro
Montenegro’s ICT boom faces a make-or-break test: talent and financing
Montenegro’s ICT sector has surged since 2020, with more than 2,600 companies generating €683.8 million in revenues by 2025. But persistent workforce shortages and limited startup…
Montenegro’s e-commerce boom through 2028: Growth prospects meet logistics and financing friction
Montenegro’s online retail is set to expand from US$115m in 2025, supported by tourism spillovers and rising digital adoption through 2028. But investors and operators face…
Montenegro greenlights 60 MW Petrovići solar project as carbon costs and import reliance reshape energy priorities
Montenegro has approved the SE Petrovići solar plant near Nikšić, a roughly 60 MW utility-scale project designed to expand domestic generation as carbon pricing pressures exports…
Montenegro’s trade expansion widens the external gap as energy losses and asset repricing intensify
Montenegro’s goods trade has topped €5 billion, but the rise is import-led, leaving exports at about €570 million and export coverage near 12–13%. The widening deficit…
MoĹľura wind farm: a productive renewable asset shadowed by governance and financing concerns
Commissioned in 2019, Montenegro’s 46 MW MoĹľura wind farm generates about 120 GWh annually and supports the country’s renewable mix. But investigations have also pointed to…
Montenegro approves €40 million EPCG borrowing to strengthen power resilience as trade deficit widens
Montenegro has approved a €40 million borrowing package for state utility EPCG, backed by KfW, to expand the Perućica hydropower plant. The financing comes as carbon…
Montenegro’s central bank tells Washington it is nearing the end of its EU reform push
At meetings in Washington with international financial institutions, Montenegro’s central bank said the country has effectively met its core EU reform obligations for 2025, moving from…
Tivat Airport’s valuation jumps to about 2.5x Podgorica as Montenegro’s tourism-led aviation model diverges
Recent assessments value Tivat Airport at roughly 2.5 times Podgorica Airport, highlighting how Montenegro’s coastal, high-yield tourism demand is reshaping the economics of its two-airport system.
CBAM starts to bite into EPCG’s export model as Montenegro utility posts €13m Q1 loss
Montenegro’s state-owned power producer EPCG reported a €13 million loss in the first quarter of 2026, with the European Union’s Carbon Border Adjustment Mechanism already driving…
Montenegro household power bills fall in March 2026, but consumption remains uneven
Households in Montenegro paid an average of €39.73 for electricity in March 2026, down 8.1% from February but up 3.2% year-on-year. The utility EPCG said total…