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October 21, 2026

Montenegro: Double negative opinion for state company — FrontPages.eu, October 21, 2026

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Montenegro

Wednesday, October 21, 2026

🧮 Auditors

Auditors have delivered a rare double negative opinion on the financial operations of the state-owned firm Šimun, signaling millions of euros in potential losses. The State Audit Institution simultaneously flagged the Ministry of Ecology for financial discrepancies of over 763,000 euros and the irregular employment of 73 people. The findings suggest the state’s bookkeeping is currently struggling to keep pace with its spending. The government resolved two of eight long-standing requests from Croatia by approving a memorial plaque in Morinju, though the decision required outvoting ministers from the Democrats and the New Serb Democracy. President Jakov Milatović has called for more careful wording on such monuments and suggested a new name for a pool in Kotor. In the Balkans, even the names of swimming pools and the text on stone tablets remain matters of high state cabinet deliberation. Prime Minister Milojko Spajić continues to pitch the country as an investor’s haven on the verge of EU membership, citing unprecedented progress in closing negotiation chapters. To support this bid, the Constitutional Committee is meeting today to balance European integrity-check requirements with delicate domestic political pacts. Meanwhile, the IT firm 4iG has secured a 54 million euro contract to modernize police and border control systems.

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State auditors have issued a double negative opinion on the financial operations of the state-owned company Šimun, indicating potential losses of millions of euros. Concurrently, the State Audit Institution (DRI) found numerous irregularities in the Ministry of Ecology, including sporadic employment of 73 individuals and financial discrepancies over 763,000 euros.

Vijesti: Millions of Euros Lost: Red Card for Šimun - Double Negative Opinion from…

State auditors have issued a double negative opinion regarding the financial operations of Simun, indicating potential losses of millions of euros.

CDM: DRI Found Numerous Irregularities in Ministry of Ecology: Sporadic Engagement…

The State Audit Institution (DRI) has identified significant irregularities within the Ministry of Ecology concerning the sporadic employment of 73 individuals and financial discrepancies exceeding 763,000 euros.

The Government of Montenegro has decided to approve a memorial plaque in Morinju, with the decision passed by outvoting, as ministers from the Democrats and the New Serb Democracy opposed. This action resolves two of eight requests from Croatia. President Jakov Milatović commented that the text of the plaque required more careful formulation and suggested a more suitable name for a pool in Kotor.

Antena M: Milatović on Kotor Pool and Morinjska Plaque: Pool Could Have a More Suitable…

Montenegrin President Milatović commented on a pool in Kotor and a plaque in Morinjski, suggesting the pool's name could be more appropriate and the plaque's text required more careful formulation.

Pobjeda: Montenegro resolved two out of eight Croatian requests

The Government of Montenegro decided to approve a memorial plaque in Morinju by outvoting, with ministers from the Democrats and the New Serb Democracy opposing the decision.

CDM: Cabinet Milatović: Njegoš's Name Must Not Be Subject of Disputes, Text of…

President Milatović stated that the name of Njegoš should not be a source of controversy and that the inscription on a monument plaque in Njeguši needs careful formulation.

Antena M: Kos: Croatia's Conditions Are Not Part of the Negotiation Process, but…

Andrej Plenković stated that Montenegro's government decision pertains to two Croatian requests, with more existing, while Kos emphasized that while Croatia's conditions are not part of the negotiation process, bilateral issues must be resolved.

Montenegro's Constitutional Committee is scheduled to discuss the text of amendments related to integrity checks. These discussions aim to balance European integration requirements with domestic political agreements.

CDM: Constitutional Committee Today on Amendment Text: Integrity Check Between…

Montenegro's Constitutional Committee is set to discuss the text of amendments related to the integrity check, balancing European integration requirements with domestic political agreements.

The IT company 4iG has secured a substantial contract valued at 54 million euros for the modernization of police and border control services in Montenegro.

CDM: 4iG IT Signed a Contract Worth 54 Million Euros for the Modernization of…

The IT company 4iG has secured a contract valued at 54 million euros for the modernization of police and border control services in Montenegro.

Prime Minister Milojko Spajić has stated that Montenegro has achieved unprecedented progress in its bid to join the European Union over the past two years, attracting investors to a country on the verge of EU membership. A commentary piece also reflects on Montenegro's historical and contemporary relationship with European nations.

CDM: Europe, Mother, It Was Harder: Us and Europeans, 452 Million

A commentary piece reflects on historical and contemporary challenges and relationships between Montenegro and European nations, referencing historical figures and political contexts.

Pobjeda: Spajic: Investors come to a country on the verge of EU membership

Montenegro has made unprecedented progress in joining the EU over the past two years, with no other candidate country having closed as many chapters.

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