 INTRODUCTION |
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Although economies of scale might represent a relative advantage, Montenegro is using its small size to quickly implement liberal reforms and to team up with European countries in order to attack the regional market.
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Montenegro is a republic of 650.000 citizens, situated on the Adriatic coast within the Balkan Peninsula and the Federal Republic of Yugoslavia.
It is a modern society that is embracing the Euro, reforming its fiscal system, adopting transparent regulations in cooperation with foreign organizations, while developing new business opportunities through privatization and the diversification of its economy.
Montenegro might be small and unknown, but it has become a strategic Balkan market that can no longer be overlooked. |
