Category Archives: Montenegro

Press Releases & News from Montenegro distributed via EuropaWire

EBRD Hosts Western Balkans Investment Summit, Spotlighting Regional Potential

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) convened the Western Balkans Investment Summit 2024 in London, welcoming the heads of government from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. The summit aimed to showcase … Read the full press release

Expeditio Architects Empowers Sustainable Urban Development with Innovative Online Portal

(IN BRIEF) Expeditio Architects, an organization based in Montenegro, is pioneering sustainable spatial development projects, emphasizing civil society, architecture, urban planning, energy efficiency, and cultural heritage. With support from Sweden, they launched Archylab, an interactive portal aimed at educating architects … Read the full press release

EBRD Joins Actis-Led Consortium to Acquire Telekom Srbija’s Mobile Towers in Western Balkans

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has partnered with an international consortium led by Actis, a global sustainable infrastructure investor, to acquire approximately 1,800 mobile towers from Serbian state-owned telecoms operator Telekom Srbija across Bosnia and … Read the full press release

EIB’s Financing Initiatives in the Western Balkans Drive Job Growth and Investment, New Study Reveals

(IN BRIEF) A recent study, titled “The impact of the EIB’s intermediated lending to businesses in the Western Balkans,” assesses the effect of the European Investment Bank’s (EIB) intermediated lending on small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina, … Read the full press release

EBRD Facilitates Montenegro’s Energy Transition with €82 Million Loan for Wind Farm Development

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted an €82 million loan to Elektroprivreda Crne Gore a.d. Nikšić (EPCG), Montenegro’s national electricity utility, and Green Gvozd LLC, a special-purpose vehicle (SPV) fully owned by EPCG. The … Read the full press release

Eco Rating, the new labelling scheme that rates the environmental impact of new smartphones, sees more manufacturers joining its scheme and expands globally

Consumer mobile phone labelling scheme launched in 24 European countries by Deutsche Telekom, Orange, Telefónica, Telia Company and Vodafone now set to expand globally Fairphone, Realme and vivo join Eco Rating, now 15 manufacturers in total More than 150 mobile … Read the full press release

The 3rd largest bank in Croatia Erste Bank Croatia gets €100 million from EBRD to finance tourism industry in Croatia and Montenegro

Suma Chakrabarti, EBRD President and Christoph Schoefboeck, President of the Management Board of EBC

(PRESS RELEASE) LONDON, 13-Jan-2020 — /EuropaWire/ — EBRD announced it is lending up €100 million to the third-largest bank in Croatia Erste Bank Croatia (EBC), part of Erste Group, in support of the tourism industry in Croatia and Montenegro. The … Read the full press release

OSCE-supported conference on the occasion of International Human Rights Day in Podgorica, Montenegro

PODGORICA, Montenegro, 12-Dec-2018 — /EuropaWire/ — Strong democracy and good governance are necessary prerequisites to ensure adequate protection of human rights, affirmed participants in an OSCE-supported conference held on the occasion of International Human Rights Day on 10 December in … Read the full press release

PPF Group completes acquisition Telenor’s telecommunications assets in Hungary, Bulgaria, Montenegro, and Serbia

AMSTERDAM, 02-Aug-2018 — /EuropaWire/ — PPF Group has completed its acquisition of mobile operator Telenor’s telecommunications assets in Central and Eastern Europe, specifically in Hungary, Bulgaria, Montenegro, and Serbia. PPF Group has received all the necessary approvals from the relevant authorities … Read the full press release

Coface: EU accession of Western Balkans likely to happen as it would counterbalance influence of Russia and China in the region

Bois-Colombes, France, 15-May-2018 — /EuropaWire/ — The European Union – Western Balkans Summit will take place in Sofia, Bulgaria, on the 17th of May 2018. This meeting aims to reaffirm the EU’s commitment towards the Western Balkans gaining EU membership. Coface’s economists … Read the full press release

Telenor sells its assets in Central and Eastern Europe (CEE) to PPF Group for EUR 2.8 billion

Fornebu, Norway, 21-Mar-2018 — /EuropaWire/ — Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to PPF Group for EUR 2.8 billion (around NOK 27 bn) on an enterprise value basis. The Board of … Read the full press release

Jaap Sprey appointed new head of the EBRD Resident Office in Montenegro

Focusing on making economy more competitive, integrated and green LONDON, 04-Oct-2017 — /EuropaWire/ — Jaap Sprey, @SpreyJaap, the new head of the EBRD Resident Office in Montenegro, is taking up his new post in Podgorica today. Mr Sprey previously held the position of … Read the full press release

Informal Sector Poses Biggest Challenge to Economic Growth of Western Balkans

Grey economy, politics, taxes and electricity named as obstacles to business LONDON, 07-Mar-2017 — /EuropaWire/ — Countries in the Western Balkans have strong growth potential, which can be realised with the right investment and a better business environment. But life … Read the full press release

South-East Europe countries two-day anti-money laundering meeting in Budva, Montenegro

Budva, Montenegro, 05-Dec-2016 — /EuropaWire/ — The OSCE Mission to Montenegro facilitated a two-day meeting of the heads of Financial Intelligence Units (FIU) of the six South-East Europe countries, hosted by the Montenegrin FIU on 1 and 2 December 2016 … Read the full press release

CEB Administrative Council approved five new loans worth € 528 million for projects in Montenegro, Poland, Slovak Republic and Turkey

Paris, 24-3-2014 — /EuropaWire/ — Today (20 March 2014), at its 287th meeting, the Administrative Council of the CEB approved five new loans worth € 528 million entirely for target group countries. Montenegro – € 8 million to Société Générale Montenegro, specialising … Read the full press release

Council of Europe Development Bank (CEB) and Republic of Serbia signed Serbian Country Housing Project Framework Agreement under Regional Housing Programme (RHP)

Belgrade, Serbia, 25-10-2013 — /EuropaWire/ — Serbia’s Deputy Prime Minister and Minister of Labour, Employment and Social Policy, Dr Jovan Krkobabic, and the Vice-Governor of the Council of Europe Development Bank (CEB), Mr Mikołaj Dowgielewicz, signed today in Belgrade the Framework Agreement for the Serbian Country … Read the full press release

EBRD launched new €75M Western Balkans Sustainable Energy Efficiency Facility II (WeBSEFF II) to support energy conservation in the region

London, UK, 24-10-2013 — /EuropaWire/ — The EBRD is launching the new Western Balkans Sustainable Energy Efficiency Facility II (WeBSEFF II) to support efforts towards the improved use and conservation of energy in the region. The facility is combining necessary longer-term financing … Read the full press release

Dunja Mijatović, OSCE Freedom of the Media rep, condemned attack against Montenegrin journalist Tufik Softić

VIENNA, 16-8-2013 — /EuropaWire/ — The OSCE Representative on Freedom of the Media, Dunja Mijatović, today condemned an attack on Tufik Softić,  a journalist with the daily newspaper Vijesti and the weekly Monitor and called on the authorities to provide protection … Read the full press release

Štefan Füle met Ranko Krivokapić, Montenegro to discuss accession negotiations

Brussels, 17-5-2013 — /europawire.eu/ — Commissioner for Enlargement and European Neighbourhood Policy, Štefan Füle, met with the president of the parliament of Montenegro, Ranko Krivokapić, in Brussels today to discuss the situation in the country and the accession negotiations. Commissioner Füle noted … Read the full press release

EBRD loans €1m to Codra Hospital, Montenegro

28-3-2013 — /europawire.eu/ — The EBRD is providing a €1.0 million loan to Codra Hospital, a leading private healthcare institution in Montenegro. Established in 2001, the hospital has grown to become the largest private hospital in Montenegro, delivering many services that … Read the full press release

EU invests €272.75m in the Western Balkans to help regional cooperation

Brussels, 28-3-2013 — /europawire.eu/ — The European Commission has finalised a series of measures to promote regional cooperation between Western Balkan countries totalling €272.75 million for the period 2012-2013. “These funds are good news as regional cooperation is a central element of … Read the full press release

Montenegro on track for EU membership, say Foreign Affairs Committee MEPs

Montenegro has made solid progress towards EU membership and buttresses regional stability. Yet it must do more to protect media freedom, women’s rights and gender equality, said Foreign Affairs Committee MEPs voting on its 2012 progress report on Tuesday. EU … Read the full press release

EU assistance to boost Montenegro’s reforms in accession process

Brussels, 21-12-2012 — /europawire.eu/ — The EU has earmarked EUR 21.3 million to support Montenegro on its way towards the EU accession. The funds will focus on key reform areas, including strengthening of the justice system and public administration, better protection of … Read the full press release