The Greek company Hellenic Petroleum S.A, in 2002 became the mayor owner, with 54.4% of shares of Jugopertol AD Kotor - previously state owned company for exploration, exploitation and trade of petroleum and petroleum products. Hellenic Petroleum paid €65 million for shares and provided additional €35 million for investments. The company has expanded its activities (wholesale, retail, distribution of petroleum). In cooperation with partners from UK Jugopetrol is involved in exploration of gas in the Adriatic Sea.

The Japanese Daido Company, founded in 1939, had bought majority of shares of the Factory of Ball Bearings - now called Daido Metal Kotor. The Japanese investor has made €9 million of investment in the company to date. Daido is a world leader in lubricated bearing production (used for automobiles, shipping and other industries), with the capital of $3.8 billion and 1,260 employees. Daido Global Network is present in Europe, Asia and North America. Daido’s plan for the next 10 years is to reach €130 millions in sales in the European market.

The sale of the Hotel Maestral in 2001 to the biggest Slovenian Hotels group HIT for €4.5 millions is one of the most successful privatizations in hotel industry in Montenegro. The investor from Nova Gorica had invested over €30 million, although the contractual obligation only required an investment of €7 million in the four years time. The Hotel is now in the 4* category and already has won many international awards.

Belgian Interbrew purchased the brewery Trebjesa from Niksic for total amount of DEM 41 million. Local brewery is producing beer since 1896. After purchasing over 70% of shares Interbrew had introduced new packing for the beer as well as new products such and light beer and bottled water. These products are exported into region.

The first GSM call was performed on July 10th 1996. The Norwegian telecommunication company Telenor Mobile Communication AS is 100% owner of the first mobile operator in Montenegro. With 225 employees Pro Monte is the largest greenfield investment in Montenegro. Total investments made so far are reaching €90.0 million.

Hungarian Telecommunication Company Matav owned by one of the four worldwide leaders Deuche Telecom had become in April 2005 the major owner of Telecom Crne Gore. The purchase price for 51% of shares bought from the State of Montenegro was €114 million. Matav had bought additional 22% of shares at stock-exchange for €22 million. In addition in next 5 years company is planning to invest €67.3 million.

Hotels Group Montenegro Stars was founded in July 2003. The core business of the company is tourism and hotel services. The company is the owner of three hotels: “Blue star” in Budva, “Montenegro” and “Splendid” in Becici. “Montenegro stars” purchased Hotel “Splendid” for 2.4 million euros, but is investing over 50.0 million. Company plans to open about 700 new jobs.

British company Beppler&Jacobson invested over 9 million euros in recently opened hotel Bianca. Hotel “Bianca” with the accompanying facilities and the land was sold to the British company for €1.6 million. At the moment this company is involved in reconstruction and modernization of the ski tracks, ski lifts and cableway. Same company purchased hotel “Avala” for €3.2 million and plans to invest over €10 million in the hotel modernization.

One of the leading financial groups in the euro zone with over 386 billion assets under management, Societe Generale Group purchased 64.4% shares of "Podgoricka Banka" for 385 euros per share. Societe Generale Group is the third corporate and investment bank in the euro zone with more than 19 million customers in the retail-banking in the world.

After opening branch offices in Austria, Italy, Slovenia, Croatia, Bosnia and Herzegovina, Serbia and Germany Hypo Alpe-Adria-Bank Group opened leasing and bank in Montenegro. HAA Group employs more than 5.200 people that serve more than 750.000 customers.