foreign investors

German and Russian companies show interest in investing in Ulcinj – Montenegro’s tourism
German and Russian companies are interested in investing in adventure tourism and related activities in Montenegro, the Deputy Minister of Sustainable Development and Tourism told the Mina news agency. Zeljka Radak Kukavicic said one possibility is the development of a camp near the Nevidio canon and another is a kitesurfing park at one of the beaches at Velika plaza. She added such initiatives generated revenues and benefits for the local population, creating new jobs and promoting the protection and maintenance of natural beauties. ... Vazhdo
Cubus Lux won the tender for the Valdanos project in Montenegro now what?
Independent – 01.11.2010 It has been a busy week for small-cap oil exploration and production (E&P) companies with an interest in the North Sea. The Government’s 26th offshore licensing round – postponed from early 2009 on account of the financial crisis – finally concluded. And out of 2,818 possible blocks on offer, a thoroughly healthy 114 licences covering 268 blocks have been awarded, with another 90 still undergoing environmental assessment which may yet turn into licences. Last year, Cubus Lux won the tender for... Vazhdo
Cubus Lux and Sol Melia in Valdanos investing 250 million euros
Foreign investors – Cubus Lux British and the Spanish Sol Melia – will be in an exclusive complex with 5-star hotel, investing around 250 million euros, and these facilities will be employed by about 1,000 workers. For the ecological state is also an important fact: none of the olive tree in Valdanos will be cut, and the space will have fire protection system installed with a hydrant, say sources Portal Analytics. Privatization Council last night gave the green light to begin the realization of one of the largest project on... Vazhdo
Montenegro properties attract foreign investors
Since its establishment in 2006, Montenegro has gained the prestigious status of leading Europe in terms of foreign investment per capita. Recently there has been a surge of interest for the real estate market in Montenegro, which is now being considered as one of the fastest growing property markets in the world. Investors from Europe (UK, Russia), America and the Arab world have pumped hundreds of millions to this growing market in a bid to make quick and significant profits. It should be mentioned that a foreign investor can be the... Vazhdo
Montenegro’s president nominates Djukanovic to again become premier
PODGORICA, Montenegro: Montenegro’s president on Wednesday officially nominated former, long-serving leader Milo Djukanovic to return to the premiership for another term. “I’m convinced that (Djukanovic) will be fully devoted to the economic development of Montenegro … and the government will be devoted to continuation of the process of European and Euro-Atlantic integration,” President Filip Vujanovic told journalists in the capital, Cetinje.Djukanovic will replace outgoing Prime Minister Zeljko Sturanovic,... Vazhdo