Entries for December 2008

The Montenegrin Government announced today that the office of the American-Montenegrin Business Council will be opened in Montenegro as a centre for cooperation with the entire region. The initiative was proposed following a meeting of representatives of the American state of Maryland and Montenegri...

Montenegro has submitted a formal application for European Union accession during a meeting with French President Nicolas Sarkozy, Montenegrin Prime Minister Milo Djukanovic said in Paris. "We are aware that we are now facing a phase that will be difficult, but we are ready to work...

Amanresorts has announced a December 15, 2008 opening of Villa Milocer, phase one of the Aman Sveti Stefan resort on Montenegro's dramatic coastline. Once a popular playground for celebrities from the film and fashion worlds, the tiny islet of Sveti Stefan is still one of the Adriatic's most iconic ...

Ambassador of Great Britain to Montenegro Kevin Lyne said that companies from Great Britain are interested in investing in Montenegro, especially in the sector of tourism and real estate. He added that British companies are especially interested in participating in the Porto Montenegro project in Ti...

The Government of Montenegro invited investors to express interest in the long-term lease of island Lastavica with the fort Mamula and construction and management of a world-class tourist facility with four and more stars. The island, situated at the entrance to the Kotor Bay...

The World Bank today approved two operations for Montenegro in the amount of EUR 17.5 million. The projects will improve the country’s property registration system, spatial planning, and permitting processes; and will increase energy efficiency in public buildings, such as schools and hospitals. The...

Representatives of Dutch company Van Den Oever Zaaijer and Partners said that the potentials of Velika plaza can easily attract the world leading investors, and that area has to be developed according to the principles of sustainable development. The Dutch practice won competition to masterplan the ...

Research of the Munich-based Institute for Economic Research showed that 37 per cent of the surveyed guests will return to Montenegro in the next five years, while 8 per cent will not. The Institute surveyed the hotel guests that stayed in Montenegro from April to December this year...

CB Richard Ellis Group, Inc. announced that it has opened an office in Budva, Montenegro. The country is one of Central and Eastern Europe’s (CEE) fastest growing emerging markets and the future potential of its commercial real estate market is attractive to the company’s...

Budvanska Rivijera, a hotel-tourist company from Budva, signed yesterday a new annual contract with French tourist agency Prodintours according to which 4,500 guests from France will come to Budva next year. Tijana Kotarac, Budvanska Rivijera spokesperson...