Tag: montecargo

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Montecargo warns of millions in losses over ŽICG dispatcher strike

Due to the work stoppage by train dispatchers at ŽICG, Montecargo has announced it will be forced to seek compensation for what it says...

Montenegro grants €75,000 aid to state-owned railway freight operator Montecargo

The Government of Montenegro has approved financial aid of 75,000 euros to Montecargo, a majority state-owned railway freight operator, during a recent phone session. Montecargo...

Montecargo overcomes challenges: Resumes copper concentrate transport amidst financial and operational struggles

Montecargo has successfully secured the wagons and containers needed to resume transporting copper concentrate, following a recent ban imposed by authorities due to environmental...

Montecargo turned a net profit of 386,256 euro in H1 2022

Montenegro's majority state-owned rail cargo operator Montecargo turned a net profit of 386,256 euro ($386,428) in the first half of 2022, compared to a...
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