Meaning Black Mountain, Montenegro is an independent country in southeastern Europe, bordered by the Adriatic Sea, Croatia, Bosnia and Herzegovina, Serbia and Albania. With a population of 620 000, Montenegro gained independence in May 2006 by referendum and has since been developing it’s economic climate which is stable and continuously growing.
Classified by the World Bank as an upper middle-income country, Montenegro is a member of the UN, the World Trade Organization, the Organization for Security and Co-operation in Europe, the Council of Europe, the Central European Free Trade Agreement and a founding member of the Union for the Mediterranean. Montenegro also is a candidate for joining the NATO. The capital of Montenegro is Podgorica.