Podgorica, June 2025 – From power plants to modern cable cars and tourism systems, XE The group is implementing a number of strategic infrastructure projects in Montenegro and the region. The focus is on sustainable solutions that connect communities, improve energy efficiency and strengthen the tourist offer.

Energy sector

As part of the Regional Energy Efficiency Program funded by KfW Bank, XEnergy d.o.o. Podgorica (formerly Novi Volvox d.o.o.), member XE The company is working on projects in the area. In partnership with Siemens Energy d.o.o. Belgrade, construction works are underway on the 110/35 kV substation (Lot 1), while in Lot 2 the installation of 110 kV cables is being carried out in cooperation with the manufacturer Telefonika Kable S.A.

In collaboration with the Elnos Group, XEnergy Participates in the construction of electric power infrastructure for the Gvozd Wind Park. The project includes the 33/110 kV "Gvozd" substation, the expansion of the "Krnovo" and "Nikšić 1" substations, and the construction of new 110 kV overhead lines.

In the area of Bijelo Polje, in the function of a new tourist cable car towards the cave of Đalovića, XEnergy Construction of a 10 kV overhead line to power the gondola station.

Tourism and mountain infrastructure

Montenegro's tourism offer is gaining in quality through the projects it implements XEnergyMember XE He specializes in the engineering and execution of complex infrastructure systems. The following works are underway:

• Đalovići Gondola – connects the Podvrh Monastery and the Đalovića Cave, one of the longest in Europe. The 1,532-metre-long gondola with eight piers will be able to carry 75 passengers per hour. The works are expected to be completed by the end of 2025.
• Cmiljača Ski Center – works are being carried out on a new folding six-seater Z7 cable car, with the construction of 3 km of new ski slopes. The project also includes a system for artificial snow, parking, ski rental and catering facilities.
• Cable car Hajla – Štedim (Rožaje) – within the framework of the "Design and Build" model, conceptual and main solutions are being made, and works are being carried out on the six-seater cable car and new ski slopes on Mount Hajla.

In addition to the projects he is carrying out XEnergyMember XE The group is also involved in regional investments. One such example is the modernization of the cable car on the Red Descent on Sljeme (Croatia), which is being implemented by the company XElement d.o.o. from Sarajevo, with an office in Zagreb. XElement She's a daughter of the company XEnergyYes, and both companies operate in the U.S. XE Group.