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Budget review adopted

Podgorica, (MINA-BUSINESS) – The Parliament has adopted amendments to this year’s Budget Law, and a decision on potential borrowing up to €500 million. The proposed amendments to the Budget...

Government invests over €1 billion in the northern region

Bijelo Polje, (MINA-BUSINESS) – According to Prime Minister Dusko Markovic, having invested over €1 billion since the beginning of its terms of office, the Government became the largest investor...

Network revitalization project could be an important investment

Berane, (MINA-BUSINESS) – Minister of Economy Dragica Sekulic has said that revitalization of a medium and low voltage network, carried out by the Montenegrin Electricity Distribution System (CEDIS), is...

Revenues to increase up to €17 million a year

Podgorica, (MINA-BUSINESS) – It was announced during the parliamentary debate that the Bill on Fiscalization in the Trade in Products and Services, which is expected to come into effect...

Collateral no longer criterion for loan classification

Podgorica, (MINA-BUSINESS) – The Council of the Central Bank (CBCG) has adopted amendments to a decision on minimum standards for credit risk management by banks, abolishing collateral as a...

Gross insurance premium grows by 13 percent

Podgorica, (MINA-BUSINESS) – The Insurance Supervision Agency has said that the gross insurance premium increased by 13 percent year on year in the first six months. Chairman of the Agency...

Orlandic: MA keeps breaking records

Podgorica, (MINA-BUSINESS) – Over 1.27 million passengers have used the services of the Airports of Montenegro since the beginning of the year, 100,000 more than in the same period...

Partnership to be used for strengthening of economic cooperation

Podgorica, (MINA-BUSINESS) – Deputy Prime Minister Milutin Simovic and the U.S. Ambassador Judy Rising Reinke have agreed that Montenegro and the United States of America should use their stable...

Majority of foreign companies present in Podgorica

Podgorica, (MINA-BUSINESS) – According to Monstat, the majority of foreign companies in Montenegro, more specifically 33.4 percent of them, were present in Podgrica last year. The statistics say that a...

Main and additional works to cost €895 million

Podgorica, (MINA-BUSINESS) – Minister of Transport and Maritime Affairs Osman Nurkovic has said that construction of the priority section of the Bar-Boljare motorway, between Smokovac and Matesevo, including the...