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10.11.2026

Inward Foreign Affiliates Statistics – IFATS 2025


Inward Foreign Affiliates Statistics - IFATS describes the activity of business entities resident in the reporting country – Montenegro and under the control of foreign business entities (legal entities and/or natural persons).

Business entities with the share of foreign capital (one or more countries) in total capital of 50% or more are observed. The main objective of this type of statistics is to show the share of these business entities in the domestic economy and their impact on it. 

This survey in 2025 in Montenegro covers 1 031 business entities (sections B-J and L-N) which makes up about 97% of the total production value of business entities that are foreign-owned. 

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