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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...

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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Record growth: Telecommunications company MTEL’s milestones in revenue and profit for 2023

In 2023, MTEL experienced unprecedented growth in both revenue and profit. The company's revenue surged to €111.5 million, marking a remarkable 36% increase from...

In two years, the new management restored the liquidity of Montenegro Bonus

In two years, the new management of Montenegro Bonus managed to restore the liquidity of the company, to initiate and complete the assessment procedure...
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