Montenegro regulatory inspections and market oversight

Overview

Montenegrin authorities have initiated various enforcement actions to address regulatory non-compliance across different sectors.

In mid-October, a coordinated operation involving five regulatory bodies—labor, market, tax, forestry, and occupational safety—conducted 41 inspections of pellet producers. This action resulted in 10 misdemeanor warrants and the identification of 13 cases requiring rectification. During these inspections, three pellet factories were found closed, prompting promises of follow-up oversight.

Following this, the state announced the formation of a specialized inspection team to target the illegal real estate market. This move responds to reports that over 1,000 agencies are operating in a ‘grey zone’, often utilizing social media and messaging platforms to facilitate unreported income. The new enforcement strategy involves collaboration between tax, market, economic crime authorities, and police, with proposed legislative changes that could introduce fines of up to 20,000 euros.

Entities

Milutin Butorović · Association of Real Estate Agencies · Lazar Šćepanović · Montenegro

Timeline

1 day ago

[BUSINESS] 7 sources
Montenegro forms inspection team to combat illegal real estate agencies
Montenegro is forming a specialized inspection team to target over 1,000 illegal real estate agencies operating in the country's grey market.
6 days ago

[BUSINESS] 3 sources
Montenegro conducts coordinated inspections of pellet producers
Five inspection agencies conducted 41 checks on pellet producers, issuing 10 fines totaling 4,700 euros and identifying irregularities in 13 cases.

Sources

aktuelno.me · bizniscg.me · cetinjskilist.com · etv.me · gov.me · portalanalitika.me · rtnk.me · sjevercg.me · tvpljevlja.me