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Montenegro

The Glass Is Half-full

The largest ever drop in output in the Western Balkans is obviously bad news. Yet the readiness of foreign investors to continue investing and...

Christoph Schoen, MFIC President (Addiko Bank CEO)

Every Crisis Also Has Opportunities

We believe that the Montenegrin economy will continue to be strongly influenced by investments in the coming years. It is therefore of particular importance...

Ambassador Oana-Cristina Popa, Head Of The EU Delegation To Montenegro,

Friendships Are Forged In Crises

For Montenegro, as the most advanced EU membership candidate country, all the opportunities offered by the new methodology for accession are at the country's...

Radoje Žugić, Governor Of The Central Bank Of Montenegro

We Provide Our Maximum Contribution To Stability

The Montenegrin economy recovered relatively quickly from the negative impact of the 2008 global financial crisis. With the discovery of a vaccine, we expect...

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...

Emanuel Salinas, World Bank Country Manager For BiH And Montenegro

Tight Spot

Over the medium and long term, the focus must be on improving the economy’s resilience by addressing its internal and external imbalances and boosting...

Lovćen Group

Committed To Values And Clients

In the year 2020, which was marked by the COVID-19 pandemic, the Lovćen Group remained consistent in the implementing of its strategic goals and...

Jaap Sprey, Head Of The EBRD In Montenegro

We’re Here To Help

The epidemic has highlighted that Montenegro requires a more diversified economy with less reliance on tourism, while the tourism sector needs serious measures to...

Invest In Portonovi

Montenegro’s New Idyllic Waterfront Village

With crystal-clear waters and a dramatic mountain landscape, the Montenegro coastal region is an investment opportunity that outmuscles southern France, Spain and Portugal Over the...

Predrag Lešić, CEO, Domen d.o.o.

.me And Today’s Global Challenges

When we first launched .ME we knew it wasn't only an opportunity to develop a healthy business, but also a platform to raise awareness...

Welcome To Boka Place Porto Montenegro

A glittering village infused with unexpected discovery and salt-kissed air, Porto Montenegro seduces people from all corners of the globe. Redefining waterfront living, it...

Dina Tsybulskaya, Crnogorski Telekom CEO

Government Should Back Local Companies

In order to accelerate the digital transformation process, it is necessary to continuously improve the investment environment for the technology sector. Montenegro recently saw...

Economy

Between A Rock And A Hard Place

Even before the full strength of COVID-19 hit the country, it was known that it would push Montenegro into a deeper recession than the...

MFIC Retrospective: Years To Be Remembered

Here is a non-comprehensive list of some of MFIC's milestones, major achievements and activities in the period between 2009 and 2020. The Montenegrin Foreign Investors...

Nela Vitić, MFIC BOD Member And Ocean Montenegro CEO

We Maintain A High Level Of Quality

The government considers the MFIC's role very seriously and respects the work of the council at a very high level, as one of the...

Pál Kovács, CEO Of Crnogorska komercijalna Banka And MFIC Board Member

CKB – Driver Of Innovation

With the integrating of Crnogorska Komercijalna Banka and Podgoricka Bank, companies and the state have gained a stronger partner to support development projects, while...

Antonis Semelides, MFIC BOD Member, CEO Of Jugopetrol Ad

We Turn Challenges Into Opportunities

We adapted to the outbreak of the pandemic and thus continued our business activities without any interruptions. Our main objective was, and still is,...

Ivan Bojanović, MFIC BOD Member, Executive Director Of SAGA CG

We Must Work More And Smarter

Montenegro has attracted foreign investment worth hundreds of millions of euros in recent years, which is indeed a kind of confirmation of a good...

Ivan Radulović, MFIC Executive Director

Trust And Cooperation

Despite the pandemic, Montenegro remains attractive to foreign investors. As such, member companies of the Foreign Investors Council continue to invest in the fields...

Christoph Schoen, President of the Montenegrin foreign Investors Council, MFIC

A True Partner for Reforms

We will continue to support the Government of Montenegro during the reform process, as we strongly believe that we will achieve much more if...

Milutin Simović, Deputy Prime Minister Montenegro

Providing Foundations for Long-term Stable Growth

Sustainable and inclusive economic growth, which will contribute to reducing the development gap of the country compared to the EU average, and to increasing...

Suzana Pribilović, Montenegrin Minister of Public Administration

Encouraging Reform Results

The results achieved in public administration reform encourage us and confirm that we are on the right track, but also oblige us to work...

Martin Leberle, Chief Executive Officer of NLB Banka Ad Podgorica, Montenegro

The Future of Banking Will Not Be the Continuation of the Past

Montenegro will catch up with Western European standards within a very short period of time. NLB Banka is actively driving this process and is...

Nebojša Šćekić, Sava Osiguranje CEO

Company Employees Are “guilty” for Our Success

Despite the fact that developing markets like Montenegro's are filled with challenges, over ten years of work we've managed to improve the company's operations...

Darko Radunović, Montenegrin Finance Minister

Tax Policy in the Service of Development

We are committed to building an attractive business environment, and especially creating a competitive and stable tax system that's based on simple and clear...

Rashad Rasullu, Executive Director of Portonovi Resort Management Company

Setting the New Benchmark in Adriatic

Portonovi aims to promote the Bay of Kotor, and Montenegro as whole, across the entire world. It will provide the very best in service...

Pavle Radulović, Montenegrin Minister of Sustainable Development and Tourism

We Jealously Guard Our Specialness

The great results that we've achieved in tourism are a great source of joy, and also oblige us to exert efforts constantly in order...

Dina Tsybulskaya, Crnogorski Telekom CEO

Smart Solutions for Montenegro

Crnogorski Telekom is an innovation leader in the area of smart solutions and the digitalisation of Montenegro, and it wants to be a reliable...

Radoje Žugić, Governor of the Central Bank of Montenegro

Banking Sector Strengthening Continues

The banking system in Montenegro is characterised by stability, which is reflected in high capitalisation, liquidity and profitable operations. Improving the macroeconomic environment, positive...

Emanuel Salinas, World Bank

Achievements Should Be Jealously Guarded

The Government of Montenegro has achieved substantive progress over the past few years and our main recommendation is for it to stay the course...

MFIC Aims

Promoting Sustainable Economic Growth

The MFIC's main objective is to promote sustainable economic growth by improving Montenegro’s investment landscape. MFIC members believe strongly that the path to sustainable...

Current Issues

News

Connectivity For A Higher Quality Of Life

“Where there’s a will, there’s a way.” Perhaps this was the motto of a group of friends from the Greek...

Why Are So Many Serbian Doctors Dying Of COVID-19?

Serbia’s total death toll from coronavirus is relatively low, around 3,600, but its rate of fatalities in the medical...

Serbia’s EMS Acquires 5% Of Shares Of Montenegrin Power Transmission System

Transmission system operator (TSO) Elektromreža Srbije acquired 5% of the shares of Montenegrin TSO Crnogorski Elektroprenosni Sistem (CGES) for...

Chairperson-In-Office Ann Linde Presents Sweden’s 2021 Priorities To Permanent Council

Over the coming year, the Swedish Chairpersonship will do its part to ensure that the OSCE can make a...

Tokyo’s Covid Outbreak Adds To Doubts Over Hosting Olympic Games

A dramatic rise in coronavirus cases in Tokyo has reignited speculation about the Olympic Games, which are due to open...