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Montenegro Embraces Clean Energy Future With First-Ever Renewable Energy Auction

Montenegro Embraces Clean Energy Future With First-Ever Renewable Energy Auction

(MENAFN- Trend News Agency) BAKU, Azerbaijan, July 11. Backed by the European Bank for Reconstruction and Development (EBRD), Montenegro's Ministry of Energy and Mining has launched the country's first-ever renewable energy auction, marking a...

Banyan Group takes over Mamula Island in Montenegro ahead of rebrand

Banyan Group takes over Mamula Island in Montenegro ahead of rebrand

Montenegro’s Mamula Island is now operating as Mamula Island by Banyan Tree. Originally a 19th Century fortress, the hotel will remain open for the rest of the year, ahead of being brought into alignment with the Banyan Tree brand in 2026. A...

Climate change is already rewriting the job market in the Western Balkans

Climate change is already rewriting the job market in the Western Balkans

By Majlinda Bregu Secretary-General, Regional Cooperation Council (RCC) “What remains of life when illusions are gone? Responsibility.” Imre Kertész, Hungarian Nobel Laureate, posed this question with haunting precision. Today, it echoes far...

Queen thanks Novak Djokovic and discusses Montenegro holiday

Queen thanks Novak Djokovic and discusses Montenegro holiday

The “secret” conversation between the Queen and Novak Djokovic when they met at Wimbledon was about her staying at his favourite hotel in Montenegro. Camilla told the seven-time Wimbledon champion she had her “fingers crossed” in a sign of their...

Montenegro sets ceiling price of €65/MWh for first solar auction

Montenegro sets ceiling price of €65/MWh for first solar auction

Montenegro has set a ceiling price of €65 ($76.11)/MWh for its first solar auction, which will offer 12-year contracts for difference (CfD) for up to 250 MW of capacity. The auction is scheduled to take place later this year. July 9, 2025 Patrick...

Even Montenegro has had enough of Malta’s dirty deals

Even Montenegro has had enough of Malta’s dirty deals

Montenegro, one of the most corrupt states in Europe, sent its Deputy Prime Minister to rebuke Malta’s Attorney General Victoria Buttigieg. Montenegro is increasingly frustrated that, ten years after Enemalta purchased the Montenegrin wind farm in...

Free Beaches, Empty Resorts: How Closure Of Sveti Stefan Island Has Hit Montenegro Tourism

Free Beaches, Empty Resorts: How Closure Of Sveti Stefan Island Has Hit Montenegro Tourism

Photo: Amos Chapple (Courtesy Image) Share Free Beaches, Empty Resorts: How Closure Of Sveti Stefan Island Has Hit Montenegro Tourism For the fifth summer running, apartments on Montenegro’s famed Sveti Stefan Island remain shuttered. Around the...

Montenegro’s EPCG to take out EUR 50 million loan

Montenegro’s EPCG to take out EUR 50 million loan

The Government of Montenegro, upon the proposal of the Ministry of Finance, has issued an approval for Elektroprivreda Crne Gore (EPCG) to borrow EUR 50 million from Erste Bank to finance the purchase of the lacking quantities of electricity. The...

Agriculture's Share in Economy, Largest in Europe

Agriculture's Share in Economy, Largest in Europe

Albania is facing a paradox, where food prices for the first time in history exceeded the European Union average, but meanwhile, the country has the highest share of agriculture in its economy compared to all countries in Europe. The latest...

International passenger traffic growth keeps market resilient

International passenger traffic growth keeps market resilient

Passenger traffic remains resilient in May, but airport performance continues to be hampered by aircraft shortages and maintenance issues affecting airlines, ATM disruptions and aviation taxes. ACI Europe has released its air traffic report for...

Hague 2019 in force in the UK – Good News for Commercial Parties

Hague 2019 in force in the UK – Good News for Commercial Parties

On 1 July 2025, the Hague Convention of 2 July 2019 on the Recognition and Enforcement of Foreign Judgments in Civil or Commercial Matters (Hague 2019) entered into force in the United Kingdom. Hague 2019 is a multilateral treaty, currently...

Albuquerque takes hospital and lack of air transport to meeting with Montenegro

Albuquerque takes hospital and lack of air transport to meeting with Montenegro

The head of the Madeiran government, Miguel Albuquerque (PSD), outlined today a set of unresolved issues with the Republic, which will be addressed at a meeting with Prime Minister Luís Montenegro in Lisbon, as they “require political decisions...

Montenegro determines quota, maximum price for solar power auction

Montenegro determines quota, maximum price for solar power auction

The Government of Montenegro adopted the decisions and directives necessary for issuing a public call to auction for solar power projects of at least 400 kW. The lowest bids will win, and the maximum price is EUR 65 per MWh. Market premiums will...

Global markets reeling as Brazil’s bird flu outbreak tests trade resilience

Global markets reeling as Brazil’s bird flu outbreak tests trade resilience

Brazil confirms first commercial bird flu outbreak, triggering global trade bans. Seventeen nations, including Japan, lift bans following Brazil’s containment success. The U.K. proposes flock registration to mitigate bird flu spread amid...

EIB Global steps up support for Montenegro’s economic development

EIB Global steps up support for Montenegro’s economic development

(Credit:Unsplash) This article is published in association with European Investment Bank. EIB has signed a Host Country Agreement with the government of Montenegro EIB will provide a loan of €18 million loan and a grant of €2.3 million for the...

Podgorica forum promotes China-Montenegro trade, technology cooperation

PODGORICA, July 4 (Xinhua) -- More than a hundred government officials and business representatives gathered in Podgorica on Friday to explore opportunities for trade and technological cooperation between Montenegro and China. Among the prominent...

Hemofarm Acquires Fortacell: A Strategic Move to Strengthen Market Position

Hemofarm Acquires Fortacell: A Strategic Move to Strengthen Market Position

Hemofarm has announced the acquisition of the Fortacell brand, renowned for its supplements that support immunity, health, and vitality. This strategic move underscores Hemofarm’s commitment to developing innovative products tailored to the needs...

Radisson Hotel Group unveils the opening of Radisson Resort Ruža Vjetrova in Montenegro

Radisson Hotel Group unveils the opening of Radisson Resort Ruža Vjetrova in Montenegro

Radisson Hotel Group proudly announces the opening of Radisson Resort Ruža Vjetrova, a premium beachfront retreat nestled on an isolated peninsula along the Adriatic coast in Dobra Voda, Montenegro. Surrounded by lush green hills and crystal-clear...

The Owner Of One Of Russia's Largest Gold Mining Companies Was Detained While Trying To Flee The Country

The Owner Of One Of Russia's Largest Gold Mining Companies Was Detained While Trying To Flee The Country

8 The billionaire tried to leave the Russian Federation on a personal Bombardier jet. Russian FSB officers prevented Konstantin Strukov, the beneficiary of Yuzhuralzoloto (YuGK) and deputy chairman of Chelyabinsk's Chelyabinsk City Council, from...

Companies Behind the Esencia Project in Puerto Rico Leave a Global Trail of Damage

Companies Behind the Esencia Project in Puerto Rico Leave a Global Trail of Damage

The five foreign companies behind the Esencia megaproject in Cabo Rojo, on Puerto Rico’s southwest coast, have left a trail of environmental destruction and community disputes in the ecologically sensitive areas where they’ve developed previous...

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