The war in Ukraine led to a large migration of both Russians and Ukrainians. Apart from Georgia, other surrounding and EU countries, a large number of them also came to Montenegro. Those who chose our country as their final destination started their own businesses, usually related to IT technology.
According to the latest data from the Ministry of Internal Affairs (MUP), around 12.800 Russian citizens, close to 1.700 Ukrainians, and 6.500 Ukrainian citizens who requested temporary protection, reported legal residence in Montenegro, Boja Jutra of Vijesti television was told.
Those who registered for permanent residence in the meantime also started their own businesses.
In contrast to 2021, when 520 Russians and 140 Ukrainians had their own company, now that number is significantly higher.
"Since February 23, 2022, since the beginning of the conflict in Ukraine, we have seen a jump when it comes to founders from Russia, to 520 companies, 3 companies were registered this year, from that number, about 226 companies were deleted," Radoje said. Mijušković from the Directorate of Revenue and Customs.
They mainly deal with information technologies and programming.
"They mainly dealt with IT technologies, i.e. computer programming, data processing, application hosting and consulting activities, so all these Russian companies that were founded this year are related to the IT industry. As for the founders from Ukraine, these are activities that also apply to computer programming and real estate," says Mijušković.
They mostly found the coast as a calm harbor for starting a business.
Most Russian and Ukrainian companies are registered in Budva (1.255), Herceg Novi (660), Podgorica (603), Bar (559), Tivat (181).
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