Major Investors

Porto Montenegro

Located in the beautiful Bay of Kotor, Porto Montenegro is developing the first state-of-the-art marina in the region, with luxury waterfront residences, boutique hotel, cafes, shops, restaurants and more. The investment team is led by Peter Munk, founder and Chairman of the world's largest gold mining corporation, Barrick Gold, and includes some of the world's most respected business figures, including Lord Jacob and Nathaniel Rothschild, Bernard Arnault and Oleg Deripaska. Porto Montenegro is currently the fastest selling development of its kind in Europe.

Daido Company

The Japanese Daido Company, founded in 1939, had bought majority of shares of the Factory of Ball Bearings - now called Daido Metal Kotor. The Japanese investor has made €9 million of investment in the company to date. Daido is a world leader in lubricated bearing production (used for automobiles, shipping and other industries), with the capital of $3.8 billion and 1,260 employees. Daido Global Network is present in Europe, Asia and North America. Daido’s plan for the next 10 years is to reach €130 millions in sales in the European market.

Terna Crna Gora

Terna Crna Gora carries out activities regarding the implementation and management of the electricity interconnection between Italy and Montenegro, and promotes development opportunities in the transmission sector for the Balkans area.

The company is entirely owned by Terna SpA, the top independent operator in Europe and sixth in the world by virtue of the length of HV transmission lines managed.

Hellenic Petroleum S.A

The Greek company Hellenic Petroleum S.A, in 2002 became the mayor owner, with 54.4% of shares of Jugopertol AD Kotor - previously state owned company for exploration, exploitation and trade of petroleum and petroleum products. Hellenic Petroleum paid €65 million for shares and provided additional €35 million for investments. The company has expanded its activities (wholesale, retail, distribution of petroleum). In cooperation with partners from UK Jugopetrol is involved in exploration of gas in the Adriatic Sea.

Molson Coors

Trebjesa Brewery is the only brewery in Montenegro. It is based in Niksic, and is owned by Molson Coors. It produces a small range of pale lagers under the "Nik" brand name.

In state union of Serbia and Montenegro, with around 53 million litres of beer produced annually, it was second by beer production, just behind Apatin Brewery.

Beer from Trebjesa brewery is by far most popular and most consumed beer in Montenegro. Besides domestic market and that of Serbia, Nikšićko beer and other variants have significant popularity in Croatia, Slovenia, Albania and Bosnia and Herzegovina. Some quantities of beer are exported to France, Germany, Switzerland, Canada and England.


The first GSM call was performed on July 10th 1996. The Norwegian telecommunication company Telenor Mobile Communication AS is 100% owner of the first mobile operator in Montenegro. With 225 employees Pro Monte is the largest greenfield investment in Montenegro. Total investments made so far are reaching €90.0 million.

Hrvatski Telekom

On 10th January 2017, Croatian Telekom signed a contract with Magyar Telekom on the purchase of 76.53 percent stake in Montenegrin Telekom. Montenegrin Telekom is the largest telecommunication company which provides a complete range of fixed and mobile telecommunications services. In the first nine months of 2016, it had revenues in the amount of 69.4 million euros. When it comes to mobile network, at the end of third quarter the company has 368,600 mobile users and was the second largerst player in the market, with largest competitors being Telenor and M:Tel.

Montenegro Stars

Hotels Group Montenegro Stars was founded in July 2003. The core business of the company is tourism and hotel services. The company is the owner of three hotels: “Blue star” in Budva, “Montenegro” and “Splendid” in Becici. “Montenegro stars” purchased Hotel “Splendid” for 2.4 million euros, but is investing over 50.0 million. Company plans to open about 700 new jobs.


British company Beppler&Jacobson invested over 9 million euros in  hotel Bianca. Hotel Bianca€ with the accompanying facilities and the land was sold to the British company for a 1.6 million. At the moment this company is involved in reconstruction and modernization of the ski tracks, ski lifts and cableway. Same company purchased hotel Avala for 3.2 million and plans to invest over 10 million in the hotel modernization.

Societe Generale Group

One of the leading financial groups in the euro zone with over 386 billion assets under management, Societe Generale Group purchased 64.4% shares of "Podgoricka Banka" for 385 euros per share. Societe Generale Group is the third corporate and investment bank in the euro zone with more than 19 million customers in the retail-banking in the world

Addiko Bank

The Addiko Bank is an Austrian banking group with numerous cross-border activities in the Alps-Adriatic region. The group is active in Slovenia, Croatia, Bosnia and Herzegovina, Serbia and Montenegro. However, the bank itself did not have a banking license in Austria, which now owned by Austrian Anadi Bank another bank that was spun off Hypo Alpe-Adria-Bank International AG.

Mall of Montenegro

Mall of Montenegro, the multi-functional center in the heart of Podgorica, comprises two different aspects of shopping: Green Bazaar and a modern shopping mall. It is realized as the first private-public partnership project in Montenegro between the local partner-Municipality of Podgorica and the foreign partner-Turkish company Gintas Construction Contracting and Trade Inc. Its central location, unique bland of traditional and modern shopping concepts and self contained environment, offering a wide range of goods and services, inevitably make Mall of Montenegro a shopping and entertainment destination for the whole family. The mall features fashion stores, hypermarket, bank, restaurants, cafes and modern entertainment facilities, 12 lanes bowling, ensuring a complete shopping experience. The RAMADA PODGORICA CITY Hotel & Convention Centre will be a part of Mall of Montenegro complex, under the international brand RAMADA. Its opening is expecting to take place on March, 2012. Besides its core activity, general construction and contracting, the Gintas Group is providing the full specter of activities related to land development, tourism, industrial and commercial international trade.

Lustica Bay Montenegro

Orascom - Lustica DevelopmentDuring the fourth quarter of 2009, Orascom Development Group entered into an agreement with the Government of Montenegro to develop an integrated destination on the Mediterranean Traste Bay. The total land bank for the project amounts to 6.8 million m² in Lustica, in the municipality of Tivat The integrated project is planned to offer 2,080 residential units, seven hotels with a total capacity of 1,370 rooms, 2 world-class marinas on the Adriatic Sea with 170 berths, an 18-hole golf course, a Thalasso Centre, commercial facilities, a town center, and basic infrastructure requirements. The destination presales were launched during 2012 along with the initial construction of the access roads, clearing and the marinas. The project will be the first certified eco-labeled development in Montenegro.

Azmont Kumbor

By signing the Contract on the lease of the land of former military facility in Kumbor, Montenegro enabled the State Oil Company of Azerbaijan Republic – SOCAR to gain full ownership over the range of facilities that will be built in a period of lease duration. The resort with the area of 25 hectares will be located on the shore of the Bay of Kotor, on the site of the old barracks in Kumbor town. Once complete, Portonovi will include the One&Only Portonovi, a destination wellness spa, a marina catering to super yachts, a luxury beach club, the Portonovi Arena, Conference Centre and a tennis academy. Visitors will be able to explore waterfront shops, cafes and restaurants, botanical gardens with biodiversity and eco-park, as well as a fish market and organic food market. Initially, a €250 million investment was planned. However, later a decision was made to increase the amount of investment up to €500 million. The new facility will include a network of One&Only resorts, focused on the exclusive clients. The investment will be the biggest in this area of business in SEE.

Qatari Diar

One of the largest real estate companies in the world, Qatari Diar has started to develop a luxury project in Montenegro. The company acquired the rights to the Blue Horizon hotel complex for €24 million, and it is in their plan to develop a five-star luxury hotel, that will include sports resorts and villas. Set up in Plavi Horizonti, on the Lustica Peninsula, this project represents one of the most exclusive projects in the whole of Europe, considering the green surroundings on one side and clear blue water on the other side of the project. Considering the fact that the company Qatari Diar is known world widefor its high-luxury projects, there is no doubt that the project in Plavi Horizonti will live up to the company’s reputation. Following projects from Seychelles all the way to Cuba and Tajikistan, company Qatari Diar recognized Montenegrin potential and decided that their next project should be right on the Montenegrin coast of the Adriatic Sea. Investment will amount 250 million.


Crnogorska Komercijalna Banka AD Podgorica is a member of the Hungarian OTP banking and financial group, one of the leaders in the Central, Eastern and South-East Europe region. Successfully operating for more than 60 years, the OTP Group, with over 12 million customers in nine countries, 20,000 employees and over 1,000 branches, continuously provides for the secure growth and development of Crnogorska Komercijalna Banka, and guarantees quality services and stability of business to its customers.

CKB is a universal bank and customers can use a whole range of different products and services. Friendly staff, developed network of 28 business units, over 4,500 POS terminals and nearly 100 ATMs successfully cover the territory of Montenegro and serve to satisfy all the banking and financial needs of its clients. CKB is the largest custody bank that offers the service of trading in securities. CKB’s alternative to deposits is security trading, assisted by the bank, in finding new market opportunities and wise investment of funds in local and foreign government bonds, commercial bonds, shares and other securities. One of the products which distinguishes CKB from other banks operating in the market is its Private Banking and Investment Service Branch, providing a modern set of premium-level products and services adapted for a clientele with a dynamic business life and satisfying their financial needs.

Coca-Cola HBC

Coca-Cola HBC is one of the world’s largest bottlers of brands from the Coca-Cola Company. Coca-Cola HBC Serbia and Montenegro produces, sells and distributes a wide range of soft drinks, including leading brands such as Coca-Cola, Coca-Cola Zero, Fanta and Sprite.

Coca-Cola HBC Serbia and Montenegro is investing in the development of the community and supports projects and initiatives across the country. We have integrated sustainability and corporate responsibility into every part of our business, aiming to build long-term value for our stakeholders.


Ericsson is the driving force behind the Networked Society - a world leader in communications technology and services. Our long-term relationships with every major telecommunications operator in the world allow people, businesses and society to fulfil their potential and create a more sustainable future. 
Our services, software and infrastructure - especially in mobile, broadband and the cloud - are enabling the telecommunications industry and other sectors to do better business, increase their efficiency, improve the user experience and capture new opportunities.

With approximately 115,000 professionals and customers in 180 countries, we combine global scale with technology and services leadership. We support networks that connect more than 2.5 billion subscribers. Forty per cent of the world's mobile traffic is carried over Ericsson networks. Our investments in research and development ensure that our solutions - and our customers - stay in front.

Founded in 1876, Ericsson has its headquarters in Stockholm, Sweden. Net sales in 2015 were SEK 246.9 billion ($29.4 billion). Ericsson is listed on the NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York.

Erste Bank Montenegro

Erste Bank Montenegro has been operating under this name since 2009, when Erste&Steiermaerkische Bank d.d. acquired 100% of the share capital of Opportunity Bank AD Podgorica.

It is a part of the Erste Group, which was founded 1819 as the first Austrian savings bank. Since 1997, it has developed into one of the largest financial services providers in the eastern part of the EU, with approximately 46,700 employees serving around 15.9 million clients in around 2,697 branches in seven other countries (Austria, Czech Republic, Slovakia, Romania, Hungary, Croatia, Serbia).

With its great experience and professionalism in the insurance industry, acknowledged financial strength and strong partnership with its parent company, Generali Group, Generali osiguranje Montenegro offers all types of non-life insurance products. The business of Generali osiguranje Montenegro encompasses a broad range of products and services, from mass-risk products (e.g. motor third-party liability insurance and accident insurance) to insurance of very complex industrial plants, and from family protection insurance policies to insurance contracts which meet the complex needs of companies.

Generali osiguranje Montenegro offers good business solutions in the area of insurance for large companies, medium and small enterprises and institutions in all business areas. The recognisable market appearance of Generali osiguranje Montenegro is further strengthened by the company's claims payment efficiency. With the aim of becoming the market leader and in compliance with the responsibilities assigned to company by the Generali Group, Generali osiguranje Montenegro is actively working on developing new insurance products which have not been present in our market so far.

Hipotekarna Banka

Hipotekarna Bank has a well-developed network of branches, sub-branches, multi-function ATMs and electronic banking (HB and mHB klik) services through which it provides to both retail and corporate clients a wide spectrum of financial services that range from traditional banking services to consultancy, but which also includes investment banking services.

With its state-of-the-art banking technologies and services, the bank is clearly focused on the future. Our priorities remain unchanged and include the security of our clients, as well as the best and most innovative services, which has earned us a distinct reputation in the Montenegrin banking market.

Hotel Maestral

The sale of the Hotel Maestral in 2001 to the biggest Slovenian Hotels group HIT for a 4.5 millions is one of the most successful privatizations in hotel industry in Montenegro. The investor from Nova Gorica had invested over 30 million, although the contractual obligation only required an investment of  a 7 million in the four years time. The Hotel is now in the 4* category and already has won many international awards.