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S&P affirms stable outlook for Montenegro

Podgorica, (MINA-BUSINESS) – According to the Ministry of Finance, the credit rating agency Standard&Poor's (S&P) has affirmed the stable outlook for Montenegro. "S&P has published a new report for Montenegro,...

Unemployment rate increases marginally

Podgorica, (MINA-BUSINESS) – There are currently 38,670 unemployed people in Montenegro, slightly more than last week. According to a report by the Employment Office, the unemployment rate increased from 16.61...

Licences issued to Faktor One

Podgorica, (MINA-BUSINESS) – At today's meeting, the Council of the Central Bank (CBCG) licensed the factoring company Faktor One. "This company had been involved in the factoring business when the...

Up to 50 percent of investment subsidized

Podgorica, (MINA-BUSINESS) – Within the framework of this year's agricultural budget, the Ministry of Agriculture and Rural Development has launched a public call offering support for livestock improvement. "Under this...

Montenegro on the right track

Podgorica, (MINA-BUSINESS) – Croatia's former Chief Negotiator with the European Union Ruzica Gelo believes that Montenegro is on the right track in the field of harmonization with the EU...

Decision to issue Atlas Bank shares adopted

Podgorica, (MINA-BUSINESS) – Interim Administrator of Atlas Bank Tanja Teric has adopted a decision on the issue €22 million worth of shares for the sale of this financial company. Teric...

More tourists and investors come from Turkey

Podgorica, (MINA-BUSINESS) – It was concluded at a meeting Minister of Sustainable Development and Tourism Pavle Radulovic had with Ambassador of Turkey to Montenegro Songul Ozan that the number...

Cooperation necessary for tackling the informal economy

Podgorica, (MINA-BUSINESS) – According to the American Chamber of Commerce in Montenegro (AmCham), the informal economy is a problem which cannot be addressed by applying a single ad hoc...

Merger of banks puts employees in a difficult position

Podgorica, (MINA-BUSINESS) – President of the Banks' Trade Union Lidija Pejovic has said that the merger of Crnogorska komercijalna banka (CKB) and Societe Generale banka Montenegro puts the employees...

CBCG to decide on merger after receiving a request

Podgorica, (MINA-BUSINESS) – After submission of a request for merger by Crnogorska komercijalna banka (CKB) and Societe Generale banka Montenegro, the Central Bank will collect all relevant information and...