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Nicolas Marquier, Regional Manager for the Western Balkans at the International Finance Corporation (IFC)

Financing the Future

IFC, the largest global development institution, has provided almost $1 billion in financing to Serbia’s private sector over the past six years IFC, as a...

Dr Ivan Todorović, Todorović Law Firm

Dedicated Advisors and Tenacious Litigators

The Todorović Law Firm has existed for more than 30 years and throughout that time has demonstrated its unwavering dedication to continuously advancing at...

Marija Stojiljković, Founder, Royal Nanny

Children Deserve the Best Nannies

Royal Nanny offers a wide range of childcare services, primarily through mediating between professional nannies and families, providing responsible, meticulous, trained and caring individuals Starting...

Petar Miljković, CEO, 14. Oktobar d.o.o.

Employees are the Company’s Real Strength

This former Kruševac giant, which has come a long way over the course of 100 years of operations, developing from a construction machinery factory...

Ivana Bogdanović, Director of Marketing and Corporate Communications at Addiko Bank

CSR as a Longstanding Priority

In today’s world, where gaining the trust of clients is the most important aspect of a company’s business, CSR, or socially responsible operations, represents...

Branko Mitrović, General Manager, Telenor Montenegro

Digital Transformation Is Key To Development

We view the digital transformation process that drives change as a chance for the accelerated recovery and growth of the Montenegrin economy, as well as for reducing the country’s dependence on tourism. With almost 25 years of doing business on the Montenegrin market, Telenor wants to be a leader in this process

The mass shift to working from home didn’t represent something new for Telenor, and it enabled the company to provide citizens and business clients with numerous new services, says Telenor Montenegro GM Branko Mitrović.

“At Telenor we already had a strong culture supporting work from home for a certain number of days for all our employees. We were therefore fully prepared to face the crisis once it started. In situations and within roles where this is not entirely possible, such as in our retail segment and with our engineers in the field, we focus on providing the highest safety measures for both employees and customers. We use online working tools successfully and have built a strong culture of trust, responsibility and commitment, which is why we switched to the new way of working without any major challenges,” explains our interlocutor.

“Knowing how much the pandemic is affecting each person, family, company and the society as a whole, we have focused on those areas where we see our clear contribution. By building new base stations and upgrading existing ones at more than 50 locations in 2020, we have increased the coverage and capacities of the Telenor network to enable strong connectivity to Montenegro’s citizens and institutions. We launched the Learn at Home add-on to support online teaching, thus enabling students in Montenegro to access teaching content free of charge. We also provided for the paying of bills online without commission, through the My Telenor application, while our employees and the Telenor Foundation donated funds and protective equipment to the health system.

We believe that we will continue the practice of open dialogue and good cooperation with the institutions of the Government of Montenegro, with the aim of further advancing Montenegrin society

What messages can be drawn from the current digital transformation in Montenegro and what should be the next steps?

– By definition, digital transformation is the integrating of technology into all areas of business. It fundamentally changes the way we do business and brings extra value to customers. The situation with COVID-19 showed that digital transformation and an agile way of working represent the most adequate response to the altered circumstances. Montenegro has recognised this opportunity, which is why development of the 2021-2025 Digital Transformation Strategy of Montenegro is underway.

It is crucial to providing an adequate regulatory framework that will form the basis and act as an incentive for projects and cooperation among all relevant factors on the path of digital transformation, with the predictability and transparency of the business climate. We expect the drafting of the Strategy to set the pace for the digital transformation of Montenegro.

In which areas does MFIC have the expertise required to assist in this process?

– I would like to thank the Montenegrin Foreign Investors Council for supporting the electronic communications sector, and for working jointly with us on improving the business and regulatory environment. Through continuous dialogue with public institutions, we are working on overcoming the challenges faced by our industry, which are presented in detail in the MFIC White Book. During the previous period, the Council advocated actively for the abolition and revision of local charges and other taxes, as barriers to doing business, and participated in the drafting of relevant by-laws. A relationship of trust, exchanges of experience and good business practices has been created among MFIC members, and this newly created strength should, and can, help in the process of digitally transforming society.

Nicolas Marquier, Regional Manager for the Western Balkans at the International Finance Corporation (IFC)

Financing the Future

IFC, the largest global development institution, has provided almost $1 billion in financing to Serbia’s private sector over the past six years IFC, as a...

Dr Ivan Todorović, Todorović Law Firm

Dedicated Advisors and Tenacious Litigators

The Todorović Law Firm has existed for more than 30 years and throughout that time has demonstrated its unwavering dedication to continuously advancing at...

Marija Stojiljković, Founder, Royal Nanny

Children Deserve the Best Nannies

Royal Nanny offers a wide range of childcare services, primarily through mediating between professional nannies and families, providing responsible, meticulous, trained and caring individuals Starting...

Petar Miljković, CEO, 14. Oktobar d.o.o.

Employees are the Company’s Real Strength

This former Kruševac giant, which has come a long way over the course of 100 years of operations, developing from a construction machinery factory...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

Chinese President Xi Jinping to Embark on Official Visit to Serbia

The press office of Serbian President Aleksandar Vucic announced that Chinese President Xi Jinping will be visiting Serbia on...

High-Speed Rail Link Between Novi Sad and Budapest Set to Start in Decembar 

The main track on the high-speed rail section from Novi Sad to Budapest has been successfully connected at the...

Mattoni 1873 Completes Acquisition of Knjaz Miloš for €90 Million

Mattoni 1873, the titan of mineral water and non-alcoholic beverages in Central Europe, has just elevated its portfolio by...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more than 175 million euros, marking a 17 percent increase from 2022, and...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...

Peter Pellegrini Wins Slovak Presidential Election

Peter Pellegrini, the candidate from the ruling coalition, won the second round of the presidential elections in Slovakia, securing...

Serbia to Receive €1.63 Billion in EU Funding for Western Balkans Growth Plan

Serbia is set to receive €1.63 billion as part of the new Western Balkans growth plan over the next...

EU Parliament Passes Stringent Packaging Laws

In a decisive move, the European Parliament has passed new regulations aimed at significantly reducing packaging waste, setting ambitious...

Serbia’s Gaming Industry Sees Significant Growth and Employment Surge in 2023

In 2023, Serbia's gaming industry earned more than 175 million euros, marking a 17 percent increase from 2022, and...

Maserati’s Balkan Expansion: New Showroom Opens in Belgrade

Delta Auto Group has unveiled an exclusive Maserati showroom in Belgrade, setting new luxury benchmarks in line with the...

Peter Pellegrini Wins Slovak Presidential Election

Peter Pellegrini, the candidate from the ruling coalition, won the second round of the presidential elections in Slovakia, securing...
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