October 7, 2018 - Due to the debts of the Montenegrin Electricity Transmission System (CGES) with the German Development Bank (KfW) in the amount of 20 million euros for the construction of electricity infrastructure on Lustica, a CGES building on an attractive location across Moraca in Podgorica will be pledged, as well as the land and other equipment.
October 5, 2018 - The first oil and gas exploration boat will sail into Montenegrin waters on 1st November, while we will have the first oil borehole at the end of 2019, said Vladan Dubljević, Director of Administration for hydrocarbon. Concessionaries are already paying the state a fee of about a million and a half per year, and real profit awaits us, claims Dubljevic.
October 4, 2018 - Since the beginning of the year, citizens, businesses and administrations have raised loans totaling EUR 784.5 million for various purposes with Montenegrin banks and other financial institutions, with an average interest rate of at least 6.42 percent per annum, as shown by the latest data collected from the financial institutions by the Central Bank of Montenegro.
October 4, 2018 - Leaders of states have to stop granting subsidies for the construction of hydropower plants (HE), a request that was sent to the official European and national governments by the participants of the first European River Summit, which was held in Sarajevo.
October 3, 2018 - “Port Kotor" submitted a request to the Ministry of Transportation and Maritime for the Priority Concession of 12 years to the harbor area of Port Kotor.
October 3, 2018 - The Community of Municipalities of Montenegro (ZOCG) considers that the Government, through its new legislative decisions on the financing of municipalities, in the form of drafts, violated the constitutional right to decide independently on their own revenues and that for those revenues that would be abolished in municipalities, no solution was proposed to reimburse this money in the local budgets.
October 3, 2018 - INFOFEST 2018 in Budva is bringing together more than 1000 ITC professionals.
October 1, 2018 - The famous Naval Academy - Warsash Center of the Solent University from Southampton, UK, will open its Warsash Superyacht Academy (WSA) division in Montenegro.