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Near Podgorica: KAP and FDI

Podgorica KAP
Podgorica

The aluminium company KAP near Podgorica has long been a symbol of the problems of the Montenegrin economy. Aluminium has been Montenegro's dominant industry, accounting for more than 70 per cent of exports in 1999. In 2000 ESI wrote about "the most important enterprise in Montenegro":

"KAP is the republic's largest company, with some 4,000 workers. It is also the biggest customer of a whole range of Montenegrin businesses, placing it at the head of a production chain

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