Wednesday, 22nd January 2025

Montenegro Tops Europe in Economic Dependence on Tourism

Montenegro's economy is the most tourism-dependent in Europe, with the sector contributing 25.5% to the country's GDP, according to the World Travel and Tourism Council's 2022 report

Montenegro’s economy has emerged as the most tourism-dependent in Europe, with the sector accounting for a staggering 25.5% of the nation’s GDP, according to data from the World Travel and Tourism Council’s 2022 report. 

This highlights the critical role tourism plays in Montenegro’s economic structure, underscoring both the opportunities and vulnerabilities that come with such reliance.

As the nation continues to attract visitors with its stunning Adriatic coastline and rich cultural heritage, the report serves as a reminder of the significant influence tourism has on the Montenegrin economy, making it a key driver of growth and development, but also a potential risk in times of global uncertainty.

SIJ Partners with WAHAJ to Boost High-Performance Steel Production for EVs

Slovenia’s SIJ Group has signed a landmark Memorandum of Understanding with the Saudi Arabian government, pledging €1.5 billion to...

Bosnia and Herzegovina Reports 20.8% Surge in Vehicle Registrations

Bosnia and Herzegovina recorded a significant rise in motor vehicle registrations in December 2024, with 8,505 new registrations marking...

Škoda Superb Crowned Slovenian Car of the Year 2025

The Škoda Superb has secured the prestigious title of Slovenian Car of the Year for 2025, triumphing over the...

Global Electric Vehicle Sales Reach New Record

The global electric vehicle (EV) market surged by 25% in 2024, setting a new sales record as 17.1 million...

USB-C Becomes the Standard Charger for Mobile Devices Across Europe

Under new regulations, all small and medium-sized portable electronic devices sold in the EU must be compatible with USB-C...
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