Largest investors in Montenegro comes from Hungary, Bosnia and Serbia

Largest investors in Montenegro comes from Hungary, Bosnia and Serbia

Published at: 2019-09-23 12:27 | Author: CIJ Serbia
The total inflow of foreign direct investment into Montenegro between January and July reached €448.2m, according to preliminary data of the Central Bank of Montenegro. Domestic investors invested €206.7m abroad meaning that the net inflow of FDI for these seven months was €241.5m, an increase of 23 percent compared with the same period in 2018. The majority of investments went into intercompany debt (€173m).
The National Bank reports that total investments reached €332.5m from a total of 40 countries, with the largest amount coming from Hungary (€51.7m). Three Hungarian companies invested a total of €45m in banks and companies. Second on the list was Russia with investments of €41m. Russian citizens invested in properties worth €22.73m. The third biggest investor was Bosnia and Herzegovina (€31.2m) of which €28.5m went into Montenegrin companies (€1.3m was placed in real estate).

Similar Stories:

Moneta acquires Wüstenrot's construction and mortgage banks
The parent company of Moneta Money Bank has completed the acquisition of Wüstenrot's  »
Slovenian government rolls out €3bn emergency package
The Slovenian government has pushed through a €3bn financial aid package aimed at helpin  »
Greek parliament expected to approve emergency budget increase
The Greek government has directed parliament to approve proposals to increase the budget b  »
Croatia raises salary support to €525 per month
Croatian Prime Minister Andrej Plenkovic has announced new measures to safeguard jobs that  »
Can you explain the issue of the so-called Greed Tax that was created by the Romanian gove   »
CIJ: Why is the financial crisis from the last decade still relevant today? The echoes ar   »
One of the long-standing paradoxes of Slovakia’s property market has long how difficult   »
The future is not out of our hands. Indeed, the main purpose of organised real estate is t   »