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 considerable number of companies, whose founders are not citizens of Montenegro, are located in the municipalities of Budva (27.4%), Bar (1.5%), and Herceg Novi (7%).
Monstat says in a press release that 16.4 percent of foreign companies doing business in Montenegro are owned by Russian citizens.
They are followed by the founders from Serbia (17.5%), Ukraine (5.6%), Italy (4.6%) and Bosnia and Herzegovina (3.9%).
“Every year, the share of companies owned by citizens and companies from Ukraine is increasing considerably,” the press release says.
Twenty-two percent of foreign companies are involved in wholesale and retail trade and repair of motor vehicles and motorcycles, followed by those doing business in the civil engineering (13.8%), science and technical (20.8%) and real estate sector (7.3%). Longer version of article is available on a link MINA ENGLISH SERVIS
