Montenegro launches renewed tender for reconstruction of Bar oil storage facilities
Montenegro’s Ministry of Mining, Oil and Gas has issued a new tender for the reconstruction of state-owned oil storage facilities […]
Montenegro
Region: Construction of Trans-Balkan Corridor’s third section to begin in mid-2025
Construction of the third section of the first phase of the Trans-Balkan Corridor is scheduled to begin in mid-2025. This
Montenegro: Permonte selected for solar panel feasibility study along Bar-Boljare highway
Montenegro’s state-owned motorway operator, Monteput, has announced that the local company Permonte submitted the most favorable bid in the tender
Montenegro: Jugopetrol reports strong Q1 2025 profit growth despite stable sales
Montenegrin fuel retailer Jugopetrol reported a net profit of 1.07 million euros in the first quarter of 2025, a significant
Montenegro: CGES doubles Q1 profit in 2025 on higher revenues and stable costs
Montenegro’s electricity transmission system operator CGES posted a net profit of 7.7 million euros in the first quarter of 2025,
Montenegro: Pljevlja Coalmine posts strong Q1 2025 results with profit nearly doubling
Pljevlja Coalmine recorded a net profit of 6.3 million euros in the first quarter of 2025, marking a significant increase
Montenegro’s April 2025 electricity bills: Decrease from March, increase from last year
In April 2025, the average electricity bill for households in Montenegro was 32.15 euros, reflecting a 16.5% decrease compared to
Electricity and gas prices in Serbia and Montenegro among lowest in Europe
Electricity prices in Serbia and Montenegro remain among the lowest in Europe, according to the most recent Eurostat data. In
Montenegro: EPCG reports €5 million benefit from solar energy projects
Montenegrin power utility EPCG has announced the results of its Solari 3000+/500+ and 5000+ solar projects, which ran from 1
Montenegro: EPCG reports sharp profit decline in 2024 amid hydrological and market challenges
Montenegro’s state-owned power utility EPCG recorded a net profit of €10.2 million in 2024, marking an 80.5% decrease from the
Montenegro: EPCG cancels second tender for Otilovici small hydropower plant over bid compliance issues
Montenegro’s state-owned power utility EPCG has terminated its second tender for the design and construction of the Otilovici small hydropower
Montenegro: CEDIS allocates over €30 million for 2025 electricity infrastructure upgrades
Montenegrin electricity distribution system operator, CEDIS, has earmarked more than 30 million euros for infrastructure investments in 2025, aiming to