Number of foreign owned business entities in Montenegro in 2019 is 12 429, which compared with 2018 represents an increase of 47.8%.

The highest share of foreign owned business entities by owner's country of origin has Turkey 3 652, i.e. 29.4%; Russia 2 217 business entities, i.e. 17.8%; Serbia 1 627, i.e. 13.1%; and Ukraine 711 business entities, i.e. 5.7%.

Observing the year 2019, the highest number of foreign owned business entities is recorded in: Podgorica 3 806 (i.e. 30.6%); Budva 3 655 (i.e. 29.4%); and Bar 1 467 (i.e. 11.8%).

By sector of activity, the highest share of foreign owned business entities is in sectors: Wholesale and retail trade, repair of motor vehicles and motorcycles 23.9%; then Professional, scientific and technical activities 20.7%; and Construction 14.0%.

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