Montenegro Profile:
- Montenegro is a sovereign state in South-eastern Europe and is divided into twenty-three municipalities and two urban municipalities.
- Montenegro uses the euro as its domestic currency, though it is not an official member of the eurozone.
- As of 2015, around 90% of Montenegrin state-owned companies have been privatized, including 100% of banking, telecommunications, and oil distribution.
- Montenegro is a member of the UN, NATO, the World Trade Organization, the Organization for Security and Co-operation in Europe, the Council of Europe, the Central European Free Trade Agreement and a founding member of the Union for the Mediterranean.
- Montenegro is currently planning major overhauls of its road and rail networks, and possible expansions of its air transportation system.
Montenegro Economy:
- World Bank classified Montenegro as an upper middle-income country and Montenegro’s economy is transitioning to a market system.
- Tourism, which accounts for roughly 20% of Montenegro’s GDP, brings in three times as many visitors as Montenegro’s total population every year.
- In addition to tourism, energy and agriculture are considered two distinct pillars of the economy.
- The government recognizes the need to remove impediments in order to remain competitive and open the economy to foreign investors.
- The biggest foreign investors in Montenegro are Russia, Italy, Cyprus, Denmark, Hungary, and Serbia. Net foreign direct investment in 2016 reached $755 million and investment per capita is one of the highest in Europe.
Montenegro Facts:
- Population: 642,550
- Capital: Podgorica
- Largest city: Podgorica
- Area: 13,812 sq km
- Major language: Serbian 42.9%, Montenegrin (official) 37%, Bosnian 5.3%, Albanian 5.3%, Serbo-Croat 2%, other 3.5%
- Major religion: Orthodox 72.1%, Muslim 19.1%, Catholic 3.4%, atheist 1.2%, other 1.5%, unspecified 2.6%
- Life expectancy: 74.4 years (Male), 78.6 years (Female)
- Monetary unit: 1 Euro(EUR) = 100 Cents
- Main exports: Non-ferrous metals, electricity, metalliferous ores and metal scrap, iron and steel, beverages, cork and wood and energy and petroleum products.
- GNI per Capita: $17,900
Our Market Research Services in Montenegro:
- Market Research Fieldwork in Montenegro
- Qualitative Research in Montenegro
- Quantitative Research in Montenegro
- Aerospace Market Research in Montenegro
- Automotive Market Research in Montenegro
- Life science Market Research in Montenegro
- Chemical Market Research in Montenegro
- Construction Market Research in Montenegro
- Consumer Goods Market Research in Montenegro
- Education Market Research in Montenegro
- Energy and Power Market Research in Montenegro
- Engineering Market Research in Montenegro
- Financial Market Research in Montenegro
- Food and Beverage Market Research in Montenegro
- Healthcare Market Research in Montenegro
- Hospital Market Research in Montenegro
- Hospitality Market Research in Montenegro
- Entertainment Market Research in Montenegro
- Medical Devices Market Research in Montenegro
- Metals and Mining Market Research in Montenegro
- Oil and Gas Market Research in Montenegro
- Pharmaceutical Market Research in Montenegro
- Retail Market Research in Montenegro
- Telecommunication Market Research in Montenegro
- Transportation Market Research in Montenegro
- Travel and Tourism Market Research in Montenegro
We Employ A Wide Range of Research Techniques in Montenegro:
- Advertising Research in Montenegro
- Brand Research in Montenegro
- B2B Research in Montenegro
- Concept Testing in Montenegro
- Consumer Research in Montenegro
- Customer Satisfaction Research in Montenegro
- Entertainment Research in Montenegro
- Ethnographic Research in Montenegro
- Eye Tracking and Facial Coding in Montenegro
- Focus Groups in Montenegro
- Sensory Research in Montenegro
- Healthcare Research in Montenegro
- Industrial Research in Montenegro
- Lifestyle Research in Montenegro
- Media Communication Research in Montenegro
- Mystery Shopping in Montenegro
- One-on-One Research in Montenegro
- Package Research in Montenegro
- Secondary Research in Montenegro
- Sensory Research in Montenegro
- Usability Testing in Montenegro
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