AGP Executive Report
Last update: 10 hours agoEnergy Infrastructure: Montenegro’s grid upgrade is moving ahead: CGES signed a €25m AFD-backed loan (with state guarantee) to modernise the Perućica and Pljevlja 2 substations, enabling up to 350 MW of hydropower integration and supporting the shift away from coal, with RTE International technical support since 2024. Renewables & Storage: Masdar and EPCG advanced Montenegro’s clean-energy push with joint development agreements for 150 MW of solar (Štedim 115 MW, Krupac 35 MW) and a framework to explore 400+ MW of pumped-hydro storage, under a 50/50 JV targeting up to 2 GW and future exports via the Italy interconnector. Regulation & Telecom: Montenegro’s telecom regulator EKIP removed Marija Konjevic as Director and named Elvis Babacic as Acting Director for up to three months while a permanent appointment is prepared. Industry & Skills: A wider regional labor squeeze is hitting construction, manufacturing and hospitality, with Bosnia and Herzegovina’s foreign work-permit quota fully used by May—businesses are urging quota reform. Culture & Media: Montenegro’s film industry scored at Cinehill 2026, where the country’s “15 and a Half” won a special mention alongside partner-country programming.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
