Foreign investments in Montenegro increased by 60 per cent
04 February 2010
Until the end of November last year, net direct foreign investment in Montenegro increased by 59.6 percent regarding the same period in 2008, and amounted to EUR 859.2m, according to the preliminary data of the Central Bank of Montenegro (CBCG).
CBCG states that the total inflow of direct foreign investments for 11 months of last year amounted to EUR 966.3 million. A big amount of investments was realised through privatisation and capital increase of the Montenegrin Electric Enterprise (EPCG) and the capital increase of banks.
Investments in domestic companies and banks were also increased and amounted to EUR 661.5m at the end of November.
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