Airports of Montenegro SC, as a public company, was founded in 1999 by the Government of Montenegro. After several years of negotiating, Podgorica and Tivat airports were taken over from the Serbian company JAT on April 23rd 2003, and became the property of the Government of Montenegro. The first director of the Airports of Montenegro was Mr Milovan Đuričković.
From the day of the takeover of the company, an accelerated (planned and dynamic) development of the Airports, as well as their international promotion begins. Building new capacities on both airports, modernizing and improving the existing ones and upgrading the airports’ equipment was made possible by a €30 million project, supported by the European Investment Bank and European Bank for Reconstruction and Development, which aimed to modernize airports of Montenegro. This programme improved airport safety and security, as well as customer service for travellers, visitors and partner airlines.
The new Podgorica Airport was officially opened for traffic on May 14th, 2006. The reconstructed and modernized Tivat Airport was opened on June 3rd, 2006. Montenegrin airports are members of ACI – the International Airport Council. Active promotion on numerous international conventions and stock markets secured the creation of a recognizable brand and high demand for active collaboration by numerous airlines.
Airports of Montenegro maintains successful collaboration with both surrounding and numerous international airports. Among other events, Airports of Montenegro is always present at the largest air traffic convention held once a year.