Podgorica

Podgorica (Подгорица) (formerly Titograd and Ribnica) is the capital of Montenegro and the judicial capital of Serbia and Montenegro, located at 42.47° North, 19.28° East, 44 m above sea level. A census in 2003 put the population at 136,473. The favourable geographical position of Podgorica, at the confluence of the Ribnica and Mora?a rivers, has made the city an attractive location for settlement. The city is situated only a few kilometers from winter ski centers in the north, while to the south the Adriatic sea is also close at hand. The city's location significantly influenced its rapid development.

Economy

Besides being the political center of Montenegro, Podgorica is also its main economic engine. Much of Montenegro's industrial base is situated in and around Podgorica, including aluminium and tobacco processing, textile industry and many more.

Related Topics:
Aluminium - Tobacco - Textile industry

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Montenegro's stock exchange, found in 1993, substantially contributed to the privatization of state - owned companies.

Related Topics:
Stock exchange - 1993

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Small - scale economy becomes more important participant in economic activities of Podgorica.

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