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Acquisition agreement signed

Podgorica, (MINA-BUSINESS) – Sociate Generale Group has signed an agreement for sale of a stake in its Montenegrin subsidiary to Crnogorska komercijalna banka (CKB), i.e. OTP Group, subject to...

Activities in the energy sector boost economic development

Podgorica, (MINA-BUSINESS) – According to Minister of Economy Dragica Sekulic, all activities the Government has carried out in energy sector over the previous two years are aimed at boosting...

Podgorica and Tirana to intensify cooperation

Podgorica, (MINA-BUSINESS) – Mayor of Podgorica Ivan Vukovic has said that Montenegro and Albania have excellent political relations, which provide an very good foundations for the establishment and intensification...

Treasury bills worth €30 million sold

Podgorica, (MINA-BUSINESS) – At this year’s third auction, the treasury bills worth €30 million in total were sold at the average yield rate of 0.68 percent. The total nominal value...

Call for expression of interest in project qualification launched

Podgorica, (MINA-BUSINESS) – The Ministry of Sustainable Development and Tourism has launched a public call for expression of interest in proposing the projects for the Tourism Development Projects List. The...

Two hundred debtors owe €73.36 million

Podgorica, (MINA-BUSINESS) - The Tax Administration has published a new Black List of 200 tax debtors, whose combined debt amounts to €73.36 million, out of which €21.35 million is...

Unemployment rate slightly lower

Podgorica, (MINA-BUSINESS) – There are currently 38,540 unemployed people in Montenegro, slightly fewer than last week. According to a report by the Employment Office, the unemployment rate decreased from 16.64...

Prices go up

Podgorica, (MINA-BUSINESS) – In January, the prices of industrial products in Montenegro were 0.8 percent higher on average compared with last December. Monstat says that, compared with the same month...

Atlas Bank shareholders not interested in capital increase

Podgorica, (MINA-BUSINESS) – According to the Central Bank (CBCG), the shareholders of Atlas Bank expressed no interest in the bank's capital increase. The CBCG says in a press release that...

Montenegro to carry our painful structural reforms

Podgorica, (MINA-BUSINESS) – President of the Democratic Party of Socialists (DPS) Milo Djukanovic has said that Montenegro must carry out painful sociopolitical structural reforms, particularly in the sensitive fields,...