PODGORICA, MONTEGERO-Colliers International has opened a new real estate consultancy office in the capital city of this Southeastern European country that was once a part of the former Yugoslavia. The opening of the office marks Colliers International’s continued expansion into Southeast Europe. It also operates in Albania, Bulgaria, Croatia, Greece and Serbia, and performs selected assignments in Slovenia, Bosnia & Herzegovina, FYR of Macedonia, and Cyprus.

The opening festivities this week attracted a swarm of government officials, who see it as a positive reflection on the state of Montenegro’s economy. Branimir Gvozdenovic, the minister of Economic Development, says that Montenegro had not only natural beauty to offer international visitors, but a competitive, transparent, low-tax economy. Also present at the Hotel Podgorica for the opening reception were the country’s Deputy Prime Minister Vujica Lazovic, the American ambassador, Roderick Moore, and the Charge d’Affaires of the Delegation of the European Commission, Clive Rumbold.

Andreas Marambos, managing director of Colliers International Montenegro, says that the country had enormous potential for development and that Colliers could play a major part in that development by coordinating interest from international investors. “We think Montenegro has enormous potential, and we hope to play a constructive part in the development of the country. We are the only major international property consultancy operating here in Montenegro and we will be offering a full range of professional real estate services. We have a fantastic range of projects that I believe will contribute to the future growth of Montenegro and I look forward to announcing them.”

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