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Economy of Montenegro


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Montenegro as an attractive tourist destination.

Current European routes that pass through Montenegro are E65 and E80.

The backbone of the Montenegrin rail network is the Belgrade - Bar railway. This railway intersects with Nikšić – Tirana (Albania) at Podgorica; however, it is not used for passenger service.

Montenegro has two international airports, Podgorica Airport and Tivat Airport. The two airports served 1.1 million passengers in 2008. Montenegro Airlines is the flag carrier of Montenegro.

The Port of Bar is Montenegro's main seaport. Initially built in 1906, the port was almost completely destroyed during World War II, with reconstruction beginning in 1950. Today, it is equipped to handle over 5 million tons of cargo annually, though the breakup of the former Yugoslavia and the size of the Montenegrin industrial sector has resulted in the port operating at a loss and well below capacity for several years. The reconstruction of the Belgrade-Bar railway and the proposed Belgrade-Bar motorway are expected to bring the port back up to capacity.

Tourism

Montenegro has both a picturesque coast and a mountainous northern region. The country was a well-known tourist spot in the 1980s. Yet, the Yugoslav wars that were fought in neighbouring countries during the 1990s crippled the tourist industry and destroyed the image of Montenegro as a tourist destination.

The Montenegrin Adriatic coast is 295 km (183 mi) long, with 72 km (45 mi) of beaches, and with many well-preserved ancient old towns. National Geographic Traveler (edited once in decade) features Montenegro among the "50 Places of a Lifetime", and Montenegrin seaside Sveti Stefan was used as the cover for the magazine. The coast region of Montenegro is considered one of the great new "discoveries" among world tourists. In January 2010, The New York Times ranked the Ulcinj South Coast region of Montenegro, including Velika Plaza, Ada Bojana, and the
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