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Azerbaijan is the largest investor in the Montenegrin economy


Azerbaijan still ranks first in foreign investment in Montenegro. This was announced by the Central Bank of Montenegro. The Central Bank does not give exact figures, since these data refer to less than three companies.

In second place are companies from China with investments of more than 70 million euros. In 2019, Chinese investors removed the Russians from this position. The third place is taken by investors from Italy with 43,1 million euros for the period January-July 2020.

Russian investors are in fourth place with EUR 38,3 million. The fifth place belongs to Switzerland with 34 million euros.

In 2020, investors from more than fifty countries have invested in Montenegro. As of July 2020, foreign direct investment amounted to about 286 million euros, which is more than 18% more than in the same period last year. The total volume of investments, including the outflow from Montenegro, is about 420 million euros, which is 6,3% less than in the seven months of last year.

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