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Montenegro

Montenegro news

2.9%
GDP
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4.7%
Inflation
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10.1%
Unemployment
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Montenegro's Jugopetrol opens first fuel station on Bar-Boljare motorway

Montenegrin fuel retailer and oil products distributor Jugopetrol opened a fuel station, the first one on the Bar-Boljare motorway that will link the country's Adriatic coast in the south with its northern border with Serbia, state-controlled motorway operator Monteput said.

addedJun 22, 2026
UK relaxes sanctions-related payment rules for Lukoil International

The UK's Office of Financial Sanctions Implementation (OFSI) said it has amended a temporary licence which allows for the continuation of business operations with Lukoil International, an Austria-based holding company for the Russian oil major's foreign assets, removing a requirement that payments be made into frozen accounts.

addedJun 22, 2026
Montenegro's CGES seeks consultant for 39 mln euro substations revamp project

Montenegro's power transmission system operator Crnogorski Elektroprenosni Sistem (CGES) is seeking a consultant for a 39 million euro ($45 million) project to modernise the Perucica and Pljevlja electrical substations, which is backed by French development agency AFD.

addedJun 19, 2026
Montenegro's EPCG imports electricity worth 142 mln euro in 2025

Montenegro's state-controlled power utility Elektroprivreda Crne Gore (EPCG) said it imported 1,341 GWh of electricity worth 142 million euro ($163 million) in 2025 as the country's sole thermal power plant - TE Pljevlja, was off the grid for a revamp for more than eight months.

addedJun 19, 2026
Montenegro's Luka Bar to cover part of accumulated loss by retained profit

Montenegro's state-controlled Adriatic port operator Luka Bar said it will use its retained profit to cover part of the loss accumulated in previous years.

addedJun 18, 2026
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