English

Railway Infrastructure €41,560 in the red

The loss of the Railway Infrastructure of Montenegro (ZICG) in the third quarter of 2017 amounted to €41,560, which is 23 times less compared to the same period last year.

According to the data from the company’s business report, which is published on the website of the Montenegro Stock Exchange, operating revenues amounted to €11.21m at the end of September and were 9.9% higher than in the same period last year. Operating expenses rose 1.9% to €11.21m.

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