Our comprehensive assessment of Montenegro's operating environment and the outlook for its leading sectors are formed by bringing together a wealth of data on global markets that affect Montenegro, as well as the latest industry developments that could impact Montenegro's industries. This unique integrated approach has given us an impeccable track-record for predicting important shifts in the markets, ensuring you’re aware of the latest market opportunities and risks in Montenegro before your competitors.
Montenegro Country Risk
Despite mounting domestic and foreign policy challenges, we expect Kosovo's grand coalition to overcome disagreements and hold together for the duration of its term ending in 2018. Integration within Western political and economic organisations will remain a common goal for the two coalition partners, underpinning their willingness to cooperate.
We remain sceptical that Kosovo's new coalition government's plans to reorient the economy from a consumption-driven model towards an investment-focused one will bear fruit any time soon. We expect the fragile political stability outlook for the country to keep investors at bay, hampering foreign direct investment inflows into Kosovo.
Key Risks To Outlook
Less favourable external economic conditions in 2015...
Montenegro Industry Coverage (1)
BMI View : The Montenegrin telecommunications market, reflecting its small size, is effectively saturated and there are few opportunities left for new entrants and existing players alike. Mobile subscription growth is volatile as operators focus on extracting greater value from existing customers and emphasise postpaid products as part of their 3G/4G rollouts. Prontotel seems ready to take up the government's offer of a fourth mobile licence in 2015; we see no room for it here, although we acknowledge its need to reduce its exposure to its core business in the VoIP market. Incumbent Crnogorski Telekom 's success in building a converged services product - with TV at its centre - sets a template for alternative operators, but there are none with the resources, scale or ambition to follow...