Luka Bar recently marked its 118th anniversary with a celebration that highlighted its ongoing success, as reported by Barinfo. The executive director of the company, Ilija Pješčić, announced during the jubilee event held in the park outside the administrative headquarters that the previous year had been exceptionally profitable, with revenues totaling around 16 million EUR and cargo throughput reaching two million tons.
Pješčić expressed satisfaction with the preliminary results for the first half of this year, noting a cargo volume of approximately 900,000 tons, revenues nearing eight million EUR, and a profit close to 700,000 EUR, as detailed by Barinfo.
He acknowledged the myriad factors influencing port operations, underscoring the need for readiness to tackle challenges beyond their control, whether positive or negative.
Pješčić also shared the management’s expectations regarding the integration of two port operators, Port of Adria and Luka Bar, emphasizing the importance of governmental and ministerial support for this initiative.
Dušan Masoničić, chairman of Luka Bar’s Board of Directors, extended gratitude to past and present employees whose dedication had shaped Luka Bar into what it is today. He particularly recognized long-serving employees and retirees for their invaluable contributions.
“Our port serves as Montenegro’s gateway to the world, offering new opportunities for success and collaboration to fully leverage our logistical capabilities,” Masoničić affirmed, urging strategic investments in infrastructure and equipment to enhance cargo handling capacity.
He emphasized the importance of fostering a supportive work environment and energizing employees, underscoring their pivotal role as the company’s driving force.
Meanwhile, Alis Šabotić, president of the Luka Bar Trade Union, anticipated crucial discussions with the Board of Directors and management to safeguard essential workforce sectors, including operations and security.
Vladimir Obradović, president of the Port Workers’ Union, voiced strong opposition to any potential privatization or division of Luka Bar, advocating instead for unity and expanded operations to meet future challenges.
The ceremony also honored employees achieving significant milestones, including those eligible for retirement, and those with decades of service at Luka Bar, underscoring their integral role in the company’s enduring success.
