Croatian oil company Ina and Hungarian oil company Mol are interested in acquiring a stake in Slovenian-Montenegrin company Petrol Bonus and in acquisition of the state-owned local peer Montenegro Bonus, newswire seebiz.eu reported. Petrol Bonus was established in July 2007 as a 50-50 joint venture between the Slovenian oil company Petrol and Montenegro Bonus. The Slovenian firm had to invest EUR 154.5mn in five years in the construction of 15 petrol stations in the country. However, Slovenians delayed the investments and the contract is likely to be annulled. The Croat-Hungarian consortium might replace Slovenian Petrol as Montenegro Bonus partner in Petrol Bonus. |
Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more
Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more
Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more