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Understanding retail profits: Gross margin vs. net profit in Montenegrin companies

During a panel discussion at the Faculty of Economics titled "Boycott of Trade – Who Wins and Who Loses?" (organized just before the boycott...

Rudnik uglja Pljevlja (RUP) to finish year with profit

Rudnik uglja Pljevlja (RUP) expects to close the year with a profit of around 15 million euros, the same as last year despite the...

Port of Bar reports improved net profit for first quarter of 2024

During the first three months, the Port of Bar achieved a net profit of €250,000, marking an improvement of €42,000 compared to the same...

Record profit reported by Montenegro’s Electric Transmission System in 2023

Montenegro's Electric Transmission System (CGES) achieved an unprecedented profit of €35.7 million last year, as announced by Aleksandar Mijušković, the Chairman of the Board...
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Air Montenegro reports strong financial and operational growth in 2023

National carrier Air Montenegro continues its financial and operational ascent, generating €62.3 million in revenue in 2023, marking a 45% increase compared to 2022. The...

Montenegrin Power Utility (EPCG) reports strong financial performance in 2023

Last year, the Montenegrin Power Utility (EPCG) achieved a pre-tax business result totaling EUR 65.87 million. After taxation, EPCG reported a net result of EUR...
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