Policy area

Industrial Policy and Production

Sustainable development goals and international commitments

Montenegro’s key international commitments, in this area, include the following:

  • Fully-fledged membership in the World Trade Organisation (WTO), as one of the most importaint foreign policy priorities of the state economic development (the Protocol on Accession of Montenegro to the Marrakesh Agreement, establishing the WTO, 2012). Thus, Montenegro acceded to the multilateral trade system, in the area of liberalisation of trade in goods, services, customs, intellectual property and other WTO areas. Free trade agreements (FTA), aimed at creating an environment, conducive to investments and competitiveness of the economy, are of importance to the State.


  • Central European Free Trade Agreement (CEFTA)– harmonised economic development among the signatories can be achieved through the membership (Moldova & Western Balkans countries (WB6): AL, BIH, MKD, MNE, SER, KS*).  Priorities of cooperation: trade in goods and services, commerce development, investments, employment, increase in productivity, financial stability. Montenegro fully implements CEFTA Agreement (2007).  A duty-free regime applies to all industrial products, originating from the signatory countries.  A free trade is implemented in agricultural products with Serbia, BIH, North Macedonia and Kosovo*, while the economic cooperation between Montenegro, Albania and Moldova is implemented through the agreed trade liberalisation. As foreseen in the Agreement, Croatia withdrew from CEFTA, following its accession to the EU, in 2013. [link: PKCG]

*UNSCR 1244/1999


  • Fully-fledged membership in United Nations Industrial Development Organisation (UNIDO). UNIDOpolicies are focused at: circular economy[1], industry, industrial parks, sustainable energy, employment of youth and entrepreneurship, gender equality. The objective is to achieve: common prosperity of all countries included in UNIDO, better economic competitiveness, preserved environment, enhanced knowledge and institutions, services, better standards for the next generations.



  • Energy Union – Montenegro is party to the Treaty. One of the most importaint assignments is to create a stable regulatory and market framework, capable of attracting investment in gas networks, power generation, transmission and distribution networks, so that all Parties have access to the stable and continuous energy supply, that is essential for economic development and social stability. (Energy Treaty, 2005, Art.2, a). Community fosters the use of renewable energy, in line with the acquis communautaire, incl. CENELEC standards.



–  Industry policy activities, stemming from the document “Industrial Policy of Montenegro until 2023, do not have an equal scope of industrial sectors, deriving from the Montenegrian Law on classification of business activities (Official Gazzette “SLCG” 18/11, dated 2011). Activities are adjusted with the needs of the modern digital and green economy, following the priorities of the goals of the UN and the priority policies of EU.

Montenegro strives to contribute to the achievement of the goals of the UN 2030 Agenda, as one of the UN member states. Objectives of the Agenda of UN represent the wide scope of activities of sustainable and inclusive industrial development. SDGs:


  • to the UN Report about the Sustainable Development Goals for 2021, Montenegro is advancing moderatelly, under the SDG 9. Chosen indicators belong to the services and not to the classic activities (education, science and research, transport, information-communication technologies). There is a need to maximally adjust the industry sector to the modern, ecologic and socially responsible principles of business. Indicators in the area of water supply, electric energy, access to clean fuels, acceptable level of CO2 emmissions. (SDGs: 6, 7, 9, 12, 13) are positivelly/successfully graded.

Strategy promotes the principles of sustainable production and consumption and sustainable use of resources, including electric power generation and supply, as well as materials for industrial purposes. Montenegro will gradually adopt and apply EU policy on products. The Strategy envisaged optimisation of technological processes towards reducing waste generation, more efficient use of inputs and less by-products, less energy and water use, and lower GHG emissions. The economy is not diversified enough. Additional rural development is needed and the new implementation of new and efficient technologies (green and blue economy). It is concluded that “economic activities are not adjusted enough with the goals of sustainable development (forestry, hunting, energy, industry, exploitation of mineral resources, maritime economy, transport, spatial planning, construction, tourism), as well as the relatively high level of domestic material consumption – DMC and the low level of Resources Productivity – RP”. Under the environmental protection and waste management, focus is on the necessary implementation of the Best Avaialble Technicques – BAT and the mitigation of the industrial hazards. It is necessary to realise the Programme of harmonisation of economy areas with the Law on the integrated restriction and control of pollution of the environment (Integrated certificates issued to the Steel-plant in Nikšić, Coal-power Plant in Pljevlja, etc.). Strategy will provide the funds, necessary for the reconstruction of the industrial plants.


Mid-term Working Programme of the Government of Montenegro 2022-2024 is in line with the goals of NSSD.

Global indicators of sustainability of the national development: index of human development, ecologic footprint, DMC, RP, public space utilisation.

Economic development indicators: GDP growth rate, % of employment, sustainable consumption and production.

[1] The current process of plastic production and discard doesn’t meet the criteria of the circular economy. The aim is to protect the environment and lay the foundations for a new economy, where the design and production are in accordance with the needs of reuse, recycling and development of sustainable materials. By gradually reducing production and usage of light plastic bags and disposable plastic products, in the next three years, Montenegro will create good preconditions to join the standards of EU countries (SDG 12). (Source: ERP 2022-2024)

NSSD goals in the area of industry:

  • Strategic goal 3.5 “enable resource-efficient use of metallic and non-metallic resources” includes strengthening resource productivity of minerals and metals in construction industry, minimising the use of raw materials, product re-use models in circular economy for the same or different purpose, circular economy, product recovery or remanufacturing, industrial treatment and processing, focusing on environmental protection.
  • 6.3. – allocation of funds for large industrial plants, enabling efficient reconstruction (thematic area 3. Natural resources – conservation of natural resources).
  • Strategic goal 4.1 “low – carbon development trend, by reducing level of green-house gases emissions, by 2030, by 30%, compared to baseline 1990” (accoring to the Paris Agreement, 2015, the objective is modified: by adopting the Nationally Determined Contribution, on the 3rd June, 2021, Montenegro set the new target of decreasing GHG emissions, by 35%, until 2030, in comparison to 1990 (de-carbonization in the sectors of energy, transport and industry). Obligation is in line with the Paris Agrement, as well as with the legislative package of EU about the climate neutrality, until (Source: UNDP, 2021, link).
  •  Strategic goal 4.2: increase of the resource efficiency in key economic sectors; ecologic fiscal reform, implemented in industry and SMEs through incentive measures for the aim of production modernisation, launch of clean technologies and increase of energy efficiency (EE), increase of the level of the finalisation of the sustainable production, the system of quality and management of the environment, incl. changes and upgrades of the production assortiment, stimulation measures for the purpose of the “green entrepreneurship” development. Goals: Resurse productivity increased by 103,8% in 2030 in comparison to 2013. Indicators: (SDG 9) share of small industrial companies using credit lines; (SDG 9) employment in production industry as the share of total emplyment; (SDG 9) share of small industrial companies in total industrial added value to the financial services, incl. favourable credits and their integration into the value chane markets; increase of investments in the research and developments, esp. in the sectors of energy, agriculture and food processing industry; support the implementation of innovative solutions that decrease the usage of resources in production and services (SDGs 2, 8, 12). Indicators: (SDG 9) share of value added of the medium and high technology industries in total added value; etc.
  • 2.4 – DMC & indicators of the Resource Efficiency (RE) are included in the Work Programme of the Statistial Office of Montenegro – MONSTAT. Promotion and creation of the ambience for the development of “green innovations” in energy, transport, construction, industry, agriculture (SDG 17).
  • Strategic goal 4.7  “increase the competitiveness of montenegrin economy for sustainable development and green jobs” includes the improvement of product and service quality as an area for generating green jobs, through clusterization for production and proper product branding (clusters: furniture, wood raw materials, construction material, stone, metal structures, honey, dairy, processed meat, wine, bottled water, mushrooms, trout, sea fish and shellfish, olives, buckwheat, citrus, tourism services, etc.) (thematic area 4. Economic resources – introduction of the green economy)
  • Strategic goal 6.2 facilitation of the green economy through the mobilisation of funds for financing the sustainable development– investments in the development of the capacities and mechanisms for the sustainable agriculture and forestry, sustainable production and consumption for the efficient usage of resources; strengthening of the competitiveness (processing industry, services, SMEs). (thematic area 6.)
Read more

Obligations in the EU accession process

  • Chapter 20 – Enterprise and Industrial Policy– negotiations are launched on the 18th December 2013, in Brussels, Belgium, EU. Montenegro has one defined closing benchmark: development and implementation of the comprehensive Industrial Strategy, supported by the system of evaluation through the indicators and measures, as it was suggested in the Industrial Policy of EU. Montenegro is continuously harmonising with the EU industrial policy.
  • According to the EU Report for Montenegro, for 2021, our state is moderately prepared/has a good level of preparation on enterprise and industrial policy. Some progress was made on implementing the industrial policy, based on 2020 recommendation. It is expected from Montenegro to focus in 2022 on the continuous implementation of the revised industry policy, in cooperation with the relevant interested stakeholders. It is necessary to speed up the regulatory adjustment with the EU acquis, by adopting amendments to the Law on deadlines for settlement of monetary obligations. Also, it is importaint to strengthen the coordination of the industrial policy with other key national strategies. Strengthening cooperation is expected, at political and expert level, as well as cooperation between the ministries, in order to reach consistency of the different national strategies and programmes, incl. Industrial Policy, Strategy of Smart Specialisation – S3 & Economic Reform Programme (ERP). In line with the latest recommendations of the European Commission, (explained in the Action Plan of the Office of the Government for European Integration of Montenegro, addressing the key recommendatinos from the Report of the European Commission on Montenegro for 2021) the Coordination Body has been formed for the implementation of the Industrial Policy 2019-2023, in order to coordinate the relevant strategy framework. It is suggested from the EC that the number of the strategies is to be decreased, in order to increase the efficiency and ease the management of the policy of the Chapter 20.

  • Development of industry assumes harmonistion with EU policies through the digitalization and green economy, as well as economic-social programmes of support of the Government of Montenegro towards its population and economy, in the period of post-pandemic recovery. Document on the Industrial Policy of Montenegro until 2023, is adjusted to the Chapters of the Cluster “Competitiveness and inclusive growth”, Methodology of EU for the Western Balkans,2021: Chapter 10 (Information Society and Media); Chapter 16 (Taxation);  Chapter 17 (Economic and Monetery Policy); Chapter 19 (Social policy and Employment); Chapter 20 (Enterprise and Industrial Policy); Chapter  25 (Science and Research); Chapter 26 (Education and Culture); Chapter 29 (Customs Union). Planned projects are in the area of energy plants’ reconstruction and waste management.
  • Acc. to the classification of Monstat – Statistical Office of Montenegro on industrial business activities, Chapter 20 is intertwined with other chapters, of importance to the policy: Chapters 1, 3, 6, 7, 15, 21, 25 i 27, 30, as well as 31. This correlation is adjusted with the Mid-term Work Programme of Government of Montenegro, 2022-2024, while the chapters of the Cluster 3 are integrated within the Industrial Policy of Montenegro.
  • At the Ministerial Dialogue of the EU Member States, about the Western Balkans, in 2021 – recommendations are given, in the framework of the Green and Digital Agenda for the Western Balkans (sustainable, climate neutral and resource efficient economy): ERP Programme, 2022-2024, entails these measures & goals. Importaint measures for the industry are emphasised, in the area of energy, energy efficiency (systems for heating and cooling with highly efficient heating pumps), renewable energy sources, sustainable production and rural development, agricultural development, recycling, credit lines for MSMEs, entrepreneurship, investments in the North of Montenegro, supplying the processing industry with the domestic raw materials, realisation of IPARD II, diversification of economic activities on the agricultural households, construction and reconstruction of the primary production faclities, investments in the processing sector of the agricultural and fishery products, introduction of the new technologies. Transition from landfills to circular economy is requested through these measures, as well as the ratification of the new law on waste management and further harmonisation with the NSSD Strategy 2030.
  • Sub-committee for trade, industry, customs and taxation (5.10.’21), 14th meeting, Montenegro – EU: the level of success was analysed, for the period October 2020 – October 2021. The progress was analysed in the following chapters: Chapter 1 – Free movement of goods, Chapter 16 – Taxation, Chapter 20 – Entreprise and industry policy, Chapter 29 – Customs Union & Chapter 30 – External relations (trade). The progress was emphasised in the area of the Chapter 20, incl. the completed strategic framework (industrial policy). Obligations were accomplished in relation to the only one closing benchmark. The process of adoption of regulatory/strategic solutions is in progress, with the aim of enhancing the business environment, facilitating the financial support to the MSMEs, as well as the women’s entrepreneurship. The fully fledged membeship of the Institute for Standardization of Montenegro (ISME) is fullfilled at the International Standardization Organisation (ISO). Preparations for the appications for the membership in CEN/CENELEC – European Committee for Electro-technical Standardization are in progress, which will enhance the trade. The Law on electronic fiscalization has begun with implementation, in 2021. Further progress is planned, through the implementation of the Instrument IPA III, as well as through the realisation of the Economic and Investment Plan for Western Balkans.
  • An Outline of the EU Strategic Framework

    Key documents of EU: Industrial strategy; Green Agenda, Paris Agreement, Plan of climate mitigation, Action Plan on critical raw materials, strategies of EU about SMEs / plastics / hydrogen / low-carbon GHG / chemicals, Mobility Strategy, etc.

List of strategies (hyperlinked):

2 European Green Deal Investment Plan
3 EU long-term Strategy for submission to the UNFCCC, 2020-2050
4 Updating the 2020 New Industrial Strategy, 2021
5 A New Industrial Strategy for Europe, 2020
6 The new SME Strategy, 2020
7 Organic production action plan, 2021-2030
8 EU Standardization Strategy
9 Programme Digital Decade 2030
10 European Sustainable and Smart Mobility Strategy 2050
11 A strategic rollout plan of alternative fuels infrastructure, 2021-2030
12 EU Strategy for Energy System Integration 2030
13 Strategy for financing the transition to a sustainable economy 2021-2023
14 new EU Adaptation Strategy, 2021-2050
15 “Fit for 55 Strategy”-  EU’s 2030 Climate Target – climate neutrality
16 Western Balkans Enterprise Development and Innovation Facility  (WB EDIF)
17 Climate Target Plan, 2020-2030
18 EU Missions’ Plans 2030 
19 CEFTA Common Regional Market Action Plan, 2021-2024 (WB6)
20 Action Plan on Critical Raw Materials, 2020-2050
21 A new Circular Economy Action Plan, 2020-2030
22 Research Programme of the Research Fund for Coal & Steel, 2020
23 EU Action Plan of entrepreneurship, 2020
24 Long term action plan-  single market rules, 2020
25 Communication eu: Repair & Prepare for the Next Generation, 2020
26 Chemicals Strategy, 2020-2028
27 Strategy on Hydrogen for a climate-neutral Europe, 2020-2030
28 EU Strategy to reduce methane emissions, 2020-2050
29 Delivering on low-Emission Mobility Strategy 2030
30 EU Action Plan Towards a Zero Pollution Ambition, 2021
31 EU Plastics Strategy, 2020-2030
32 Clean Energy for all Europeans 2030
33 Renovation Wave Strategy, 2020-2050
34 An EU Strategy On Smart Sector Integration, 2020 (energy systems)
35 2030 Climate & Energy Framework 
36 White Paper on Artificial Intelligence, 2020-2027
37 Masterplan for transformation of EU energy intensive industries, by 2050 
38 the New EU Forest Strategy for 2021-2030
39 Action Plan on Synergies between civil, defence and space industries, 2021
40 Annual Sustainable Growth Strategy, 2021
41 Intellectual Property Action Plan, 2020


Read more

Industrial policy and production in Montenegro’s strategic framework

Industry policy and production within the strategic framework of Montenegro

By adopting the Industrial Policy of Montenegro 2019-2023, Montenegro has renewd its industrial frameowrk of activities and achieved a visible progress in the field. All activities are absorbed regarding the fulfillment of the only one closing benchmark left, taking into consideration the obligation to continuoulsy monitor and report about the implementation of this document, which is considered as the most importaint strategic document for the policy[1]. The document entails the development of the competitiveness, with focus on industy (extraction of ores and stones, processing industry, suppling through the electric energy, water, waste water management, process of waste disposal.

[1] Source: Office for EI.


  • Platform of the Economic Recovery 2022-2026 – overall planning and analytic document, with the aim of economy recovery from the pandemics Covid-19, for the next 4 years: economy market; social and demographic trends and movements, human resources; infrastructure; macro-economic stability & public finance; innovation, digitalization & green economy; good governance, coordination & monitoring of the strategic documents (41 indicator). In the period from 2006-2019, emplyment decreased in all industry sectors (except in water supply management), out of which the most decrease in the processing industry (2 230 workers are left out of work). Processing industry increased minimally, in comparison to other industry sectors, in this period (9%). In 2021, credit support was given to the SMEs in the processing industry. In the energy sector, from 2016-2019, the primary industrial production varied in growth. Under RES (Renewable Energy Soruces), production of the wind power plants in 2019 amounted to almost 20% of total energy produced and it has a tendency of growth in future. Principles of the platform are: green and digital transformation, balanced regional development; economy based on innovations and knowledge. Within the context of regional cooperation and european integration, the opportunities for the development are represented also through the implementation plan of projects, stemming from the Economic Investment Plan for Western Balkans, (worth €500 mil.).
  • Economic Reform Programme for Montenegro, 2022-2024 (ERP) – major document of economic policy of the country. The aim management of economic reforms, fulfillment of the Copenhagen Criteria, inclusive growth and strengthening competitiveness. Industrial production recorded annual growth by 4.4 %, in the first eleven months of  2021, taking into consideration greater demand for electricity production (9.5 %) and processing industry (7.1 %). In 2021,  the system for the implementation of policies of innovation and smart specialization (S3) was set up. Programme priorities were determined in the policy of innovations, through the preparation of the Operational Programme for the implementation S3, 2021-2024, and throug the drafting of the Innovation Programme 2021-2024. Financial support is given to SMEs and credit lines were given to the MSMEs, through the activities of the Credit Guarantee Fund (KGF).  Program ERP for 2022 also includes measure of support to investments in the sector of food production, with the aim of strengthening competitiveness in the area of agriculture, industry and services. Procesing industry will grow, indicativelly, at the rate of 5.8%, annually, until the end 2024. Growth is expected in the area of food processing, wood and metal industry and pharmaceutical products produciton. to the Ministry of finance, the real growth rate of industrial production amounted  to 7.4% in 2021, while the estimations are the following: 5.2% (2022), 6.2% (2023) & 5.9% (2024). GDP growth in 2023 will amount to 5.1%. Share of industrial produciton in Gross Added Value (BDV) will amount to 12.3% (2023). Export will intensify in the sectors of electric energy, minerals  and metals. Projects planned, in industry, will amount to, indicativelly, almost €275 mil., out of which WTTP in Podgorica represents 17.7% of total investments, related. Within the sectors D-E, other projects planned are: ecologic reconstruction of thermo power plant in Pljevlja – TEP, Hydro power plants investment in building the infrstructure – HE Komarnica, construction of the damn on the Zeta River, solar/wind power plants construction – SE Briska Gora, VE Brajići and VE Gvozd, energy efficiency in public and private buildings. By implementing these projects, Montenegro will modernise its infrastructure and enhance competitiveness in the industry sectors. These measures planned will give strong impetus to the dynamics of european integration and to the achievement of sustainable development goals.
  • Strategy of Smart Specialization 2019-2024 (S3) – new technologies, development of the innovation eco-system, connection between the economy and the science, GII index. The key aim is to increase the level of the competitiveness of Montenegro through innovations and research. Results of the analysis present a strong economic potential of the country: agriculture and food, energy, ICT, processing industry, medicine and the quality of life, construction and tourism. The smallest growth of employees, in 2018, was recorded in the area of water supply, waste water management and process of control of waste disposal (0.9%; CBCG). Share of processing industry in the GDP in Montenegro, in 2017, amounted to 3.8%.
  • Mid-term Work Programme of the Government of Montenegro 2022-2024. SPRVCG (& Annual work Programme 2022): priorities are stable finance and sustainable economic growth, incl.: competitiveness, regional connectivity, green economy, smart, sustainable and inclusive growth. Document follows the goals of the Accession Programme of Montenegro to EU, 2022-2023. (PPCG). Programme of the Government also includes UN Sustainable Development Goals  (SDG 9). Projections of the Government of Montenegro, until end 2024: real economy growth rate will amount to 4.5%. Goods export will nominally exceed the levels from 2019. Average number of employed persons will increase by 3,3%, (the current number of emploed persons is 230.000). The balanced regional development will be taken into account, while implementing the employment policy. Priorities of the Government of Montenegro until the end of are green and digital transformation, that would integrate the industry through the sustainable economic development, with the focus on the inclusive policy, innovation and knowledge. Priority areas: energy and transport infrastructure, mineral resources, processing industry, MSMEs and mini-scale industry, entrepreneurship for women, wood-processing, tourism, waste management, food production (promotion of the family agriculture produciton household). Share of the industry sectors in the gross added value – BDV (B-E) will increase by 10% (13.3% in 2020), until the end 2024.  Programme for modernisation of the processing capacities – supply of equipment and the machinery, continuation of the implementation (alternative energy systems for production lines).  Number of micro, small and medium sized companies, currently, amounts to 37 217, while 20% more is expected, until end 2024.
  • NATO standards: total no. of assigned company codes – NCAGE to the Montenegrin companies will increase by 2%, annualy, while the total no. of assigned NATO stored numbers will be increased by 5%, on a yearly basis.
  • Programme of social and economic support of the Government of Montenegro to the labor force and economy, in the fight against pandemics (2020-2021): financial support is realised (IRFCG) for over 100 000 employed persons in MSMEs, incl. industry companies, as well as assistance for participation in COSME, ERASMUS (young entrepreneurs). This included the most vulnerable industry companies, during 2020 & 2021. The Program entailed the IVth economic and social measures Package of the Government Support, for 2021, which assisted companies of the processing industry, esp. in agriculture.


The Industrial Policy strategic goals:

  1. Improved framework for more efficient industrial development driven primarily by energy, transport and ICT infrastructure;
  2. Investments and financing industry modernisation through better access, availability and affordability of funding;
  3. Foster innovation, technology transfer and entrepreneurship; and
  4. Better access to markets by streamlining trade procedures.

The Government adopted the Action Plan for the implementation of the Industrial policy of Montenegro, 2019-2023, for period 2021-2022. The Plan is importaint for the purpose of following the policy implementation, in order to fulfill measures for temporarily closing benchmarks of the Chapter 20. Plan is made, based on the determined recommendations, stemming from the adopted Report on realisation of the Industry policy ’19-2020. g. and with the aim of meeting the needs, of importaince to the industrial development. The Plan (worth €450.8 mil.) entails: growth of industry competitiveness, cooperation between the economy and the science, support to the green, climate neutral and circular ecenomy and digital transformation of the entreprises. (source: 42nd Session of the Government of Montenegro, 2021). This assumes investments in domestic companies and financing of the projects in the energy sector (Thermal Power Plant Pljevlja -TEP, Hydro-electric Power Plants – HE Perućica, HE Piva; HE Komarnica (under planning process); electricity distribution networks; Solar Power Plant – SE Briska gora, Wind Power Plants -VE Gvozd, VE Brajići). Emphasis of the EU policy is transition from the fossile fules to the clean energy and Montenegro is harmonising its legislation in this area with the EU. Additionally, it is planned to support the waste management (export of grit); growth of goods export, growth of the processing industry [1], diverzification of the production, strengthening the regulatory framework and business environment, introduction of the projects of the green economy, by enhancing trade and respecting the principles of clusters.

The most importaint export goods are metal products, agricultural and food products, raw materials, processed wooden products.

Processing industry participated in 70% of total export of goods, in 2018.

Key drawbacks for the growth of the Montenegrin competitiveness, recognised in the industry strategy, are de-industrialisation; predominance of traditional sectors in exports – basic metals, wood and food industry products; low utilisation of the scientific and research potential; regional disparities; Insufficient investment in SME development. number and type of export products, and the number of countries exported to. The key challenges for the increase of Montenegrin competitiveness in the context of its industrial policy, as recognised by the Industrial Policy 2019-2023 include the following: The development opportunities are seen in the greater diversification of the processing industry, energy & transport. By setting priorities for industrial development, a value added will be given to the tourism of the country, through the digitalisation, using EU funds and through the international trade.

[1]  Processing industry: production of food products, processing of fresh fish, beverage production, pasteurization of milk, tobacco production, textile, clothing, footwear, leather processing, printing, wood, printing and paper production, plastic production, metal processing, production of petroleum products, machine processing, car tire processing, pharmaceutical products, etc.

  • Relation between the Industrial policy with other strategies of Montenegro:Programme of Accession of Montenegro, NSSD, ERP, strategies about energy, strategy„S3“ (new technologies, centres of excellence, launch of hubs/ start-ups), (mid-term, annual) work programmes of the Government, sector programmes & plannes (processing industry, competitiveness, agricultural food products, sustainable production from natural resources), EU programmes and projects (COSME, IPARD II, etc.). Montenegrin strategic documents are related to the industy through the increase of  productivity and export, processing capacities; development of entreprises/clusters; competitiveness, green & digital transformation.  Strategic development directions are also set in the area of intellectual property rights, in the areas of relevance of the adopted National Programme for climate adaptation (Green Climate Fund) 2021-2023; as well through the implementation of the Minamata Convention on mercury. Laws will be adopted in the areas of the supply of the petroleum products; customs union in order to facilitate trade of industrial goods; the cross border energy infrastructure projects; production of weapons and military equipment; mining; utilities; water management.
  • Monstat, Communication for the first quarter, 2022: (Production and turnover Index in idustry) – Industrial production of Montenegro has decreased by 15.2%, in the 1st Q 2022, compared to the 1st Q 2021. Sector of ores and stones extraction decreased by 7.4%, compared to the 1st Q 2021, sector of Processing industry increased by 11.2%, while sector of energy and gas supplies and air-conditioning, decreased by 33.4%.
Read more

Other policy areas in the same sector