Great Progress and the Balkan Wars
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Description: A brief history of Montenegro's involvement.
Great progress and the Balkan wars Great progress and the Balkan wars In the early 20th century, Montenegro maintained relations of trade with a number of European states. The most highly developed relations were with Austria-Hungary; in the year 1910, exports were worth 2.391.633 perpers, and imports, 8.166.661. The perper was the first Montenegrin currency, minted in 1906. Four years later, Montenegro minted gold sovereigns. The first bank was opened in Niksic in 1901. Industry - the wood-and-timber and food processing industries - was in its infancy, and Italian capital helped build a cigarette factor in Podgorica. Economic growth was accompanied with the building of roads: between 1897 and 1910, Montenegro built 464 kilometers of roads, and a 30-km-long Bar-Virpazar railway was inaugurated in 1909. An international radio telegraph line between Bar (Montenegro) and Bari (Italy) was established in 1904.
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| Page title: | Great progress and the Balkan wars |
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| NS | Name Server:PRIMO.VERAT.NET Name Server:SECONDO.VERAT.NET Name Server: Name Server: Name Server: Name Server: Name Server: Name Server: Name Server: Name Server: Name Server: |
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| Date | Creation Date: 2000-08-04T20:57:15Z Expiry Date: 2014-08-04T20:57:15Z |