About us

The German Business Club is an association founded in 2021.

The main goal of the Club during its establishment was to facilitate and assist German businessmen in doing business and investing in Montenegro.

The membership of the Club consists of all major German companies present in Montenegro, as well as a large number of Montenegrin companies that cooperate or want to cooperate with the German economy. One of the most important activities of the Club is to connect German businessmen with economic factors operating in Montenegro.

As our main goals and characteristics, we emphasize friendly ties, which serve as the basis for good business cooperation between members, cooperation with state bodies of Montenegro and Slovenia, cooperation with chambers of commerce and business associations, informing members about changes and amendments to the law, forwarding information on investment opportunities in Montenegro and Germany, protection of the interests of its members and of course social responsibility.

All this contributes to the fact that many German and Montenegrin companies are increasingly recognizing their interest in cooperating with us and expressing their desire to officially join us.

Governing board

Aleksandra Popović

President of the Board of Directors and President of the Association
Aleksandra Popović is the President of the Board of Directors of Lovćen banka AD Podgorica. From the beginning of the Bank's work in August 2014 until October 2016, in addition to its membership in the Board of Directors, she also performed the function of the Chief Executive Officer. Aleksandra Popović was born in Titograd (today's Podgorica) and comes from a respectable Montenegrin family. She graduated from the Faculty of Economics, University of Montenegro in 1990. She has participated in the establishment of several financial projects in Montenegro over the past two and a half decades. She is the initiator of the idea of Lovćen banka and is its founder. Guided by the vision to participate in sustainable economic development and contribute to better living conditions of her country, with the desire to use the rich experience in contracting and withdrawing credit lines from foreign sources, in order to finance Montenegrin projects, with special emphasis on supporting the SME sector, Aleksandra Popovic , with the support of the German DEG (KfW Group) - one of the largest investment and development institutions, as well as domestic successful companies and business people, made in 2014 the microcredit financial institution MFI Kontakt grow into Lovćen banka. Along with constant work on professional development, during her rich banking career, Aleksandra Popović focused her energy and strength on the promotion of the Montenegrin economy and banking at numerous international conferences and panels, establishing partnerships and cooperation with reputable international financial institutions, new development projects, including emphasizes the work on establishing Crnogorska komercijalna banka as a significant banking brand, coordination of communication in the strategic sale process of Crnogorska komercijalna banka to Hungarian OTP banka, membership in the Board of Directors of Crnogorska komercijalna banka, management and administration of the Microcredit Financial Institution Kontakt. Aleksandra Popović's banking career, which began in 2001, was preceded by ten years of work in other companies, which were engaged in telecommunications, marketing and promotion, including the engagement in JP PTT Saobraćaj Crne Gore, where she held the position of International Advisor. business. Aleksandra Popović is the president of the first German business club in Montenegro and the president of the Board of Directors of the Association.

Stjepan Udovičić

Executive Director of Crnogorski Telekom
Stijepan Udovičić has extensive international experience in leading positions in the telecommunications and media industry worldwide, in the USA, Asia, Africa and Europe, and with knowledge of global telecommunications trends, he is well acquainted with the regional telecommunications market. He holds a bachelor’s degree in economics, a master’s degree in marketing, and a master’s degree in information systems from the University of Liverpool in the UK.

Milan Marić

Executive Director of Axians Montenegro
Milan Maric as a graduate electronics engineer started his career in 1982 in RTVCG where he served as Head of studio techniques TVCG. He continued his career in the IT sector in the Slovenian company Iskra Delta. He has been managing the IT sector in the Lottery of Montenegro since 1996. He became the executive director of S&T Montenegro d.o.o., a company founded in 2002 by the Austrian company S&T AG Wien. He led strategic IT projects S&T in Montenegro: Certification body of the Government of Montenegro and Post of Montenegro, eGovernment of the Government of Montenegro, electronic voter identification, SWIS Social Card, professional training of unemployed university staff, Government service bus, project of new electronic documents of Montenegrins. Now he is executive director of Axians Montenegro witch is part of Axians, the ICT brand of VINCI Energies. He is a member of the first Montenegrin IT cluster. He is a member of several business associations in Montenegro: PKCG, AMCHAM, Austrian business club, etc...

Siniša Milutinovic

Executive Director of DHL Montenegro
Sinisa Milutinovic, November 4, 1960 in Cetinje. Residence: Petrovac na Moru<br /> Graduated from the Faculty of Law in Belgrade in 1983. Work experience in the travel agency Yugoturs Budva from 1984 to 1989. Yugotours London from 1989 to 1991. From 1992 to 2000 in Cyprus in the travel agencies Mediterranean Choice Holidays and Groutas Tours. From 2001 to 2002 Athens - Travel Way Cruises and Tours From 2002 to date employed as Executive Director for DHL Express.

Željko Uljarević

Originally from the beautiful Herceg Novi where he still enjoys the benefits of the Mediterranean.<br /> After ten years of living and studying in Germany, he graduated in 1984 from the Faculty of Philosophy in Novi Sad. He gained his first business experience in tourism, INEX-Turist Igalo and the Igalo Institute, where he covers management positions. From 1999 to 2001 he continued his engagement within the USAID / FLAG program with a focus on business consulting and banking (Opportunity Bank). Since 2001, he has been managing the economic programs of the German DEG - "Master Plan for Tourism Development" and KFW Bank in Montenegro. Here he gains rich experience in the implementation of infrastructure projects in the field of energy, utilities, as well as the financial sector.