Leveraging Traditional Industry Experience: Setting Up Outsourced Business Operations in Montenegro’s North Cities

Montenegro’s North cities offer a unique opportunity for businesses looking to set up outsourced operations. With a rich history of...

Nikšić: Montenegro’s Gateway to Industrial Innovation and EU Nearshoring

Located in the northern region of Montenegro, Nikšić is emerging as a significant player in the European industrial and business sectors. Known...

Herceg Novi: Montenegro’s Emerging IT Nearshoring Hub with Unique Advantages

In the picturesque landscape of Montenegro lies Herceg Novi, a coastal town with untapped potential in the technology sector. This article...

Montenegro Government’s Investments and Incentives for Promoting Sustainable Business Operations

Montenegro, a picturesque country located in Southeast Europe, is committed to fostering sustainable development and attracting environmentally...

Montenegro economy briefing: Wage growth in the public sector and other labour market issues

Abstract During the first three months of 2023, favourable trends were recorded on the labour market. Earnings recorded a growth of slightly more...

Montenegro citizenship by investment: 5 Things to know

Montenegro citizenship by investment is a program that allows people to obtain citizenship in the country with a significant financial investment...

Montenegro, Recent Economic Developments, International Investment Position

In 2019, the Central Bank of Montenegro has published for the first time the net international investment position (NIIP) of Montenegro, which is...

Montenegro, Recent Economic Developments, External Sector, Current Account

According to the preliminary data, in the period January-September 2021, the current account deficit was 249.2 million euro and was lower by 71.1...

Montenegro, Recent Economic Developments, Financial Account

In the period January–September 2021, the portfolio investments account recorded a net outflow of 396.5 million euro, while the net outflow on the...

Montenegro, Recent Economic Developments, Gross Domestic Products

In spite of the negative effects of the coronavirus pandemic and contraction of the gross domestic product of 15.3 percent in 2020, the...

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