Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Iranian FM Araghchi on the circulating news about an Iranian delegation heading to Muscat: No one has gone to Oman
Iranian Foreign Ministry spokesperson Esmaeil Baghaei denies a Reuters report about the arrival of an Iranian negotiating delegation to the Sultanate of Oman
Iran Mission to UN: Iran shall respond to any threat with a counter-threat and to any action with reciprocal measures
Iran Mission to UN: Iran does not negotiate under duress, shall not accept peace under duress, and certainly not with a has-been warmonger clinging to relevance
iran Mission to UN: No Iranian official has ever asked to grovel at the gates of the White House
Iran Mission to UN: The only thing more despicable than his lies is his cowardly threat to “take out” Iran’s Supreme Leader
Iranian media reports: Israeli bombing targets Iranian Red Crescent building in Tehran
Trump: Unconditional surrender means I've had it
Trump: Nothing is too late
Trump: Iran should have negotiated

Montenegro freezes Russian-owned real estate

  • By Al Mayadeen English
  • Source: Agencies
  • 28 Jul 2022 09:15
2 Min Read

Russia is the biggest investor in Montenegro’s economy, having invested at least 1.5 billion euros, or an average of 100 million euros a year, in the past 15 years.

  • x
  • Montenegro begins to freeze real estate owned by Russian nationals.
    Montenegro begins to freeze real estate owned by Russian nationals.

Montenegro has begun to freeze real estate owned by Russian nationals, according to a corresponding document published on the government’s website on Wednesday.

On June 10, Montenegro's Interior Minister Filip Adzic said that 44 real estate facilities owned by Russian nationals will be frozen as part of the anti-Russian sanctions enacted in response to Russia's military operation in Ukraine.

According to experts, Russian residents and enterprises spent more than 129 million euros on Montenegro's economy in just one year, with 49.46 million euros poured into real estate alone.

Russian Ambassador to Montenegro Vladislav Maslennikov stated that Russia has been the largest investor in Montenegro's economy for the previous 15 years, investing at least 1.5 billion euros, or an average of 100 million euros per year.

Related News

Russia’s central bank cuts interest rate in a first since 2022

DPRK's Kim vows to 'unconditionally support' Russia in Ukraine war

Read next: Russian economy exceeds expectations: IMF

According to the Russian ambassador, Russian investments in Montenegro exceed the European Union's anticipated investments in the Western Balkans under the 2021-2027 investment plan (not more than 600 million euros).

On March 1, Montenegro joined the European Union's anti-Russia sanctions. Milo Dukanovic, the country's president, reaffirmed sympathy with Ukraine following a NATO summit.

Meanwhile, pro-Russian protests are held regularly in Montenegrin cities, with protesters requesting the lifting of anti-Russian sanctions. A total of 6,000 signatures have been collected for the country's parliament to examine the appropriate resolution.

A week after joining the anti-Russia sanctions, the Russian Federation's Government adopted a list of foreign governments and territories that engage in hostile measures and sanctions against Russia, its enterprises, and individuals.

Included on the list is the US, Canada, the EU, the UK, Montenegro, Switzerland, Albania, Andorra, Iceland, Liechtenstein, Monaco, Norway, San Marino, North Macedonia, and also Japan, South Korea, Australia, Micronesia, New Zealand, Singapore, and Taiwan.

  • Moscow
  • Russia
  • Vladislav Maslennikov
  • Montenegro
  • Russia sanctions
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Iranian missiles impact Israeli sites in Tel Aviv in 2nd wave

Iran's missiles impact 'strategic' Israeli site in Tel Aviv

  • Politics
  • 14 Jun 2025
Bin Salman: Islamic world backs Iran in call to Pezeshkian

MBS says Islamic world backs Iran in call with Pezeshkian

  • MENA
  • 15 Jun 2025
Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

  • MENA
  • 17 Jun 2025
Smoke rises after an Iranian ballistic missile directly struck Tel Aviv, Occupied Palestine, June 13, 2025 (AP)

Op. True Promise 3: Iran's ballistic missiles strike Tel Aviv

  • MENA
  • 13 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A Turkish Air Force pilot gestures from the cockpit of an F-16 military fighter jet before an Air Policing exercise at the Baza 86 military air base, outside Fetesti, Romania, Wednesday, March 6, 2024 (AP)
Politics

Israeli aircraft violate Turkish airspace, fighter jets scrambled

An Israeli occupation forces armored personnel carrier maneuvers in the Gaza Strip, southern occupied Palestine, Wednesday, June 11, 2025 (AP)
Politics

Palestinian Resistance downs Israeli drone in Gaza amid extensive ops

An Israeli Hermes 450 UAV drone flies over Beirut, Sunday, Sept. 29, 2024. (AP Photo/Bilal Hussein)
Politics

Iran reports shooting down 28 types of hostile aircraft in 24 hours

Firefighters work to extinguish a blaze after a missile launched from Iran struck Tel Aviv, occupied Palestine, Monday, June 16, 2025 (AP)
Politics

Iran retaliatory strikes target greater Tel Aviv as injuries reported

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS