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Welcome To Montenegro
Country number
181
Selected MR Agencies

An Introduction to Montenegro

Montenegro has strong links to Serbia and between a quarter and a third of its population are Serbs. Duklja, an early Kingdom in the region, was conquered by the Serbs in the twelfth century, and the area later fell under Ottoman, Austrian and Venetian influence before being recognised as independent in the mid-19th century. After the Second World War it joined Titos Yugoslavian Republic, t'en was briefly joined in a smaller union with Serbia as the larger federation broke up. It voted for independence in a narrow referendum in 2006. See full country profile.

Latest Research News from Europe (Other)

Sep 25
MarketVision Research has appointed former Nielsen exec Laura Moussa in its Dubai office, as Director of its Qualitative Division, supporting growth in the region. Sep 25 2017
Sep 25
New York-based SIS International Research has promoted Cdric Marin to Director of Operations in the EMEA region. He moves to London from NYC where he has worked for more than three years. Sep 25 2017


2 current Other European jobs:

Research Manager - FMCG / Shopper, Geneva, Switzerland, CHF 40-70,000 - (posted Aug 23 2017)
Research Manager / Associate Director, Quant - Shopper and Consumer, Geneva, Switzerland, c.47-67,000 dependent on experience + benefits - (posted Jun 6 2017)


Fast Facts
Map of Montenegro
CAPITAL: Podgorica
GOVERNMENT: Parliamentary republic
AREA: 13,812 sq km
POPULATION: 625,266 (July 2011 est.)
MAJOR LANGUAGE: Official Language: Montenegrin
Orthodox Monastery, Montenegro
Orthodox Monastery, Montenegro


Single Monarch Montenegro has had only one King, Nicholas I, who ruled as king between 1910 and 1918 after half a century ruling as prince, following the assassination of his uncle Danilo I. A reformer - he gave the country its first constitution in 1905 - and introduced Western-style press freedom and criminal law codes - he also fought successful military campaigns against Turkey in 1876-8 which he justified as revenge for the battle of Kosovo in 1389. His campaign to up his status was equally successful, though subtler - he assumed the title of Royal Highness in 1900, and of King in 1910 during the celebration of his jubilee. He went into exile in Paris in 1918 when the country was united with other south slav lands. During his reign five of Nicholass daughters were married, each to a prince or king, and he assumed the nickname the father-in-law of Europe, sharing it with the King of Denmark.

The royal family was rehabilitated in 2011 with Crown Prince Nicholas II at its head - he has the official role of promoting Montenegrin identity, culture and traditions through cultural, humanitarian and other non-political activities. The statute affirming this reinstatement is based on the belief that their dethroning was contrary to the Constitution of the Kingdom of Montenegro, a violent act of annexation in the year 1918.

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Montenegro in Profile

Montenegro has strong links to Serbia and between a quarter and a third of its population are Serbs. Duklja, an early Kingdom in the region, was conquered by the Serbs in the twelfth century, and the area later fell under Ottoman, Austrian and Venetian influence before being recognised as independent in the mid-19th century. After the Second World War it joined Titos Yugoslavian Republic, t'en was briefly joined in a smaller union with Serbia as the larger federation broke up. It voted for independence in a narrow referendum in 2006.

Montenegros mountains and position relative to the sea and the Balkan peninsula contribute to its being one of the world's hotspots for biodiversity - its mean number of species per square km is the highest for any European country. Economically, it remains well below the European average in GDP and there are problems with corruption, but a rapidly-growing tourist sector is helping growth.

Some Business and General Info

GDP: $7.1 bn (2011 est.); $11,545 per capita

Religions Eastern Orthodox 72%, Muslim 19.1%, Catholic 3.4% (2011 census)

Currency: Euro

Telephone Code: + 382

Research Industry

MR industry info to appear shortly

Overview of Trade and Industry

Montenegros mostly service-based economy is recovering from the impact of the break-up of Yugoslavia, and UN economic sanctions. The country's industrial; sector developed after WWII, and since the 1980s trade, international shipping and tourism have grown in importance. The Yugoslavian break-up meant the loss of protected markets, with extreme poverty and hyperinflation two of the results in the early 1990s smuggling on a massive scale was also a feature of this time.

A loosening of ties with Serbia in the late 90s was followed by privatisation, economic reform and the adoption of the Euro. The growth of tourism and a real estate boom have helped the country's outlook to improve further.

2011 exports of $640m mostly consisted of manufactured goods, raw materials and agricultural produce with the main export partners (2009 figures) being Serbia 17.5%, Hungary 16.9%, Croatia 10.1% (2009). Serbia are also Montenegros biggest Import partner making up 28.4% in 2009, with Greece 7.9% and Bosnia and Herzegovina 7.6% also important. Montenegros biggest imports are fuels and lubricants, machinery and transport, chemicals and manufactured goods.

My view
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Montenegro
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If you are a researcher based in Montenegro, in whatever capacity, then we would love to hear from you!

Email me:
laurence@mrweb.com

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