Friday, 19th September 2025

Respecting ESG Standards Accelerates EU Accession

Montenegro is recognised as the driver of numerous regional initiatives, particularly those related to green transition, sustainable finance and the circular economy.

Pursuing the Green Agenda is among Montenegro’s priorities in the EU accession process, because the state leadership believes sincerely that implementing standards related to environmental protection, social responsibility and governance is key to long-term economic stability and prosperity.

The Government of Montenegro’s position is that the adoption of ESG standards in agriculture, forestry, tourism and transport will help preserve natural resources, protect biodiversity and reduce the negative impacts of climate change. Its position is that the increased use of green energy is crucial to reducing the dependence of Montenegro, and the Western Balkans as a whole, on fossil fuels and responding to the challenges caused by climate change.

Montenegro is the first country in the region to have defined a new economic growth model that implies transitioning from a linear business model to a circular one, through the creation of its Strategy for Circular Transition until 2030, with which it confirms its openness to cooperating with all investors who make sustainable and green investments.

World First: Albania Elevates AI to Ministerial Rank

In a world first, Albania has appointed an artificial intelligence system to ministerial rank. Prime Minister Edi Rama announced...

UAE’s e& to Expand Serbia’s Kragujevac Data Centre

The UAE’s Emirates Telecommunication Group Company (e&), one of the world’s largest telecom operators, is stepping into Serbia’s digital...

Bosnian Arms Maker Reports Profit Surge

Bosnia’s defense industry is quietly strengthening. BNT TMIH, a state-owned arms manufacturer, announced a 71% rise in net profit...

Serbia Bets on AI to Transform Tourism Industry

Serbia’s Chamber of Commerce has opened applications for a landmark programme designed to drive artificial intelligence into the heart...

Končar Taps Hyundai Partnership to Power Asian Market Expansion

Croatia’s Končar – Motors and Electrical Systems has struck a major deal with South Korea’s HD Hyundai Electric, marking...
spot_img

Connecting the Adria Region Decision Makers

The Region is more than a publication - it's where the region's elite converge for insights and opportunities