Montenegro’s state railway company ŽPCG will secure a €6.5 million loan from the European Company for the Financing of Railway Rolling Stock (EUROFIMA) to fund the repair of three Spanish-made CAF electric trains and two electric locomotives. The loan will be backed by government guarantees and was approved by ŽPCG’s shareholders, with Executive Director Dragana Lukšić authorized to sign the agreement.
The financing has received clearance from the Competition Protection Agency, confirming compliance with state aid regulations. Shareholder approval was nearly unanimous, with 96.34% in favor.
Additionally, ŽPCG selected Crowe MNE as its independent auditor for 2025, with the audit report scheduled for review at the 2026 annual shareholders’ meeting.
