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History of Podgorica

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t-family:"Arial","sans-serif";color:black">The Berlin Congress in 1878 annexed Podgorica to Montenegro, marking the end of four centuries of Ottoman rule, and the beginning of a new era in the development of Podgorica and Montenegro. The city developed quickly and became a strong marketplace. The first forms of capital concentration were seen. In 1904, Zetska savings bank, the first significant financial institution, was formed. It would soon grow into Podgorička bank. Roads were built to all neighbouring towns and, in 1902, a tobacco plant became Podgorica's first significant commercial company.

World War I marked the end of dynamic development for Podgorica, by then the largest city in the newly proclaimed Kingdom of Montenegro. Podgorica was occupied, as was the rest of the country, by Austria-Hungary from 1916 to 1918. After the liberation by the allies in 1918, a controversial Podgorica Assembly was held at Podgorica Tobacco Monopoly building. The assembly marked the end of Montenegrin statehood, as Montenegro was merged with Serbia and incorporated in the

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