MONTENEGRO ECONOMY NEWS

  • Tuesday, 02. September 2008.
    30

    3,431 Airplanes Landed to Tivat’s Airport from 1 January 31 August: 435,339 have traveled across Tivat’s airport during the same period, which is by 0, 5 percent more than was the case during the first eight months in 2007.

  • Tuesday, 02. September 2008.
    45

    Delegation of European Commission Visits Zabljak: Representative of the European Commission in Brussels, Ana de Ligne and head of Operational Center of the EC’s delegation in Podgorica, Nikola Bertolini stayed in Zabljak yesterday, announcing that this organization would continue with projects which had been originally supported by EAR.

  • Monday, 01. September 2008.
    177

    Company Airports Montenegro” Satisfied with Results: Over last five years, since it took over running of Montenegrin airports in Tivat and Podgorica, company “Airports Montenegro” (“Aerodromi Crne Gore”) has served more than 4, 43 million passengers. Since the beginning of the year till mid-August, this company has served 712,570 passengers, which is by nine percent more than during the same period last year.

  • Friday, 29. August 2008.
    104

    Montenegrin Central Bank (CBCG) states that inflation is 5, 3 percent and that it had not been caused only by outer factors: real growth of the GDP amounts to eight percent, report of the main CBCG states. Such increase of the GDP shows that Montenegro was one of the fastest developing countries in the group of European economies in transition, CBCG concluded.

  • Thursday, 28. August 2008.
    43

    Works on the Spatial Plan for the Future Complex in Meljine have Began: western side of this object would be for tourist, while the eastern side would be a medical complex. Medical complex will be a hospital with diagnostic and rehabilitation center and it would have 385 beds. Tourist part will be a five-star super-luxurious hotel, with private swimming pools and gardens for penthouse guests.

  • Thursday, 28. August 2008.
    Picture_35

    More Interested Companies for Takeover of Herceg Novi’s Health Center, Beside Miodrag Kostic and Hungarians: Consortium, which is headed by Cyprus’ “Venture One Limited” has expressed interest to buy “Institute Dr Simo Milosevic”, it has been confirmed to “Vijesti” in the Agency for Restructuring of Economy and Foreign Investments. Deadline for submission of offers 30 September.

  • Wednesday, 13. August 2008.
    72

    Taxation of Real-Estate Shows that There is no Crisis of this Market in Budva: although there seems to be a halt in the feverish real-estate trading in Budva during the last couple of months, while local agents face lack of business, official statistics on the real estate tax incomes suggest that Budva still remains a popular place for this type of trade.

  • Wednesday, 13. August 2008.
    116

    "Adriatic Shipyard" at Bijela reports maximum use of its’ working capacities. Marketing Director, Petar Tusup says that 40 ships have been repaired since the beginning of the year and that all docks would be taken by mid-September. After two unsuccessful tenders for the selling of the state-owned shares, the third tender for this Shipyard will be made public this fall.

  • Tuesday, 12. August 2008.
    104

    Montenegro’s Debt is One Third of Country’s GDP: Total debt of Montenegro totals at Euro 915 Million, which makes up 31,6 percent of GDP projected for 2008 or Euro 2,5 Billion, government analysis of economic policy for the first half of this year shows.

  • Monday, 11. August 2008.
    104

    State Has No Data about the Number of Flats Being Rented, nor It Has Information About Owners’ Incomes: apart from the sky-high prices of real-estate, Montenegrin market is becoming recognizable for the high prices of rental-flats. Average lease for a flat ranges between Euro 250 and Euro 800. Most luxurious options also provide prices ranging between Euro 1,500 and Euro 2,500.