The Montenegrin Foreign Investors Council met students of the Faculty of Economics of the University of Montenegro
The Montenegrin Foreign Investors Council (MFIC) participated in today’s panel discussion organised by the University of Montenegro.
The panellists were Mr Rüdiger Schulz, the MFIC President and CEO of Crnogorski Telekom and Ms Nela Belević, MFIC BoD member and CEO of UNIQA Osiguranje.
The subject of the discussion was the Montenegrin Foreign Investors' Council itself and the activities carried out by this organisation in order to improve the business environment in which its members operate. The meeting was also an opportunity for the MFIC to present its members' achievements in some of the capital investment projects of the country, but also to highlight the administrative difficulties that foreign investors face both when starting a business in Montenegro (construction permits, registering property, protecting investment, enforcing contracts, etc.) and in their regular business activities (tax policy, inefficiency and slowness in the enforcement of legislation, underdeveloped infrastructure, labour legislation, waste management, etc.). It was also highlighted that the MFIC is working on improvements in these areas together with the respective administrative bodies.
Mr Rüdiger Schulz provided more details about Crnogorski Telekom, the company’s development path and its position in the Montenegrin electronic communication market.
Ms Belević provided information on the current situation in the Montenegrin insurance market, as well as of her company's service portfolio and achievements when it comes to developing and launching new insurance products in the country.
Finally, the panellists answered students' questions. The students were most interested in the way they could additionally improve their knowledge and skills acquired at university. The panellists advised them to be proactive, ask for internships, motivate themselves and develop an entrepreneurial spirit required for realisation of their business ideas. The panelists were also interested in students' aspirations when it comes to potentially starting their own businesses in Montenegro and asked for feedback on whether they feel prepared for the demands of the modern labour market and on their preferences when it comes to jobs they would like to get in terms of stability, working dynamics and salary.
Today's panel discussion was the third in a series of meetings with Montenegrin university students planned by the MFIC for the upcoming period.