The Faculty of Mechanical Engineering in Podgorica and Five Group (Five G) have signed a Memorandum of Strategic Cooperation, laying the foundation for new joint initiatives in the field of advanced technologies and setting new standards in the application of cutting-edge technological solutions and innovations.

The Faculty, as one of Montenegro's leading educational institutions in engineering, and Five Group, recognized as a leader in the implementation of advanced technologies, are joining forces to drive innovation and technological progress.

A key element of this partnership is the focus on advanced technologies that Five Group actively develops and applies, including:

• Artificial Intelligence (AI)
• Machine Learning (ML)
• Robotics
• Internet of Things (IoT)

Through this collaboration, the Faculty will gain access to these technologies via expert support, training programs, and student internships, creating opportunities for the development of new ideas and practical solutions.

The Memorandum enables knowledge sharing, resource exchange, and joint expertise, further strengthening collaborative projects and initiatives aimed at boosting industrial efficiency and competitiveness.

“We are extremely pleased to collaborate with the Faculty of Mechanical Engineering, one of the country's leading academic institutions.
 This partnership could represent a turning point both for our business and for education in Montenegro—and even the entire region,” said Božidar Raković, Executive Director of Five Group.

Five Group stands out for its innovative approach and integration of advanced technologies into everyday operations, which serves as a strong foundation for the development of research-driven initiatives in cooperation with academia.

“This partnership is more than just an agreement. It is a fusion of academic knowledge and visionary thinking,” stated Prof. Dr. Radoje Vujadinović, Dean of the Faculty of Mechanical Engineering.
“The advanced technologies Five Group brings to the table have the potential to transform many processes in academia and entrepreneurship. We are excited to be part of this journey.”

The signing of this Memorandum marks an important milestone in strengthening technological culture and fostering innovation in the region. The Faculty of Mechanical Engineering and Five Group are ready to jointly shape the future of advanced technologies and open new opportunities for the next generation of engineers and professionals.