Production Boom: Ores, Rebars, and Aluminum Soar Like Never Before!
Did you know that last year Montenegro saw a massive surge in the production of ball bearings, welded grids, rebar meshes, wire fences, fresh concrete, ores, and aluminum concentrates? Yes, you read that right! The data from Monstat doesn’t lie – the industry is booming, and the numbers are impressive.
What’s going on?
Production of these key construction and industrial materials jumped compared to the previous year. This means more ball bearings, more rebar for construction, more aluminum concentrates – everything needed for infrastructure and industrial growth.
Why does it matter?
This growth isn’t just a number on paper. It means more jobs, a stronger economy, and less dependence on imports. In a country often complaining about economic troubles, such data is like a light at the end of the tunnel.
But it’s not all sunshine and rainbows
Despite the production increase, Montenegro faces many challenges. Global fuel prices have risen, impacting production costs. Also, protests by nurses and technicians over salaries 10% lower than regional averages show that economic growth isn’t evenly shared.
What do officials say?
The Ministry of Economy and Industry stresses it will continue supporting the development of internal capacities and aims to keep this positive trend going. However, citizens and workers demand real results – better wages, safer jobs, and transparency in business.
The bottom line
Montenegro stands on the brink of an industrial revival, but the road is tough. The rise in ore, rebar, and aluminum production is great news, but we have to ask – who really benefits? Will this boom bring prosperity to all or just a few?
If you have thoughts on this or feel something’s off, feel free to drop a comment. Maybe together we’ll uncover what’s really behind these numbers!
Data sourced from official Monstat and RTCG reports.