Podgorica, (MINA-BUSINESS) – According to preliminary statistics from Monstat, investment in fixed assets in Montenegro totalled €1.11 billion last year, up 11.1 percent year on year.

The Statistical Office said in a press release that investment in new fixed assets accounted for the largest share of total investment last year, at 92.8 percent.

“Investment in used fixed assets accounted for 2.7 percent of total investment, while investment in intellectual property accounted for 4.5 percent,” the press release reads.

Construction works accounted for 50.1 percent of total investment, equipment for 43.5 percent, and other categories for the remaining 6.4 percent.