AGP Executive Report
Last update: 8 hours agoPorto Montenegro Boost: IFC is investing $80m in Porto Montenegro to back jobs, supply chains, and higher standards in water, waste, and energy efficiency—aiming to support year-round tourism and maritime activity. Luxury Development: Nammos Hotels & Resorts and Smokva Bay signed to build a new integrated luxury destination on Montenegro’s Budva Riviera, targeting a 2029 opening with 117 keys. Energy Transition Event: Energy Week Western Balkans returns to Montenegro on 7–8 October 2026, positioning the country as a regional hub for renewables, storage, and market integration. Tourism Pressure: Montenegro’s tourism is taking a hit amid protests, with the minister warning of cancellations and disruption. Environment & Industry: Ulcinj’s Salina bird haven is fading fast as salt pumping stopped after the 2013 closure, threatening both a key habitat and local economic prospects. EU Alignment Move: Montenegro plans to end visa-free entry for Russians from Oct. 1, aligning with Schengen standards and using VFS centers in Russia to manage the transition. Regional Health Policy: Albania, Montenegro, North Macedonia, Serbia, and Bosnia agreed to ban smoking and e-cigarettes in public spaces, backed by a cross-border enforcement network.
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