Montenegro's Daido Metal Kotor AD raised its share capital to EUR 10,254,945 in a debt-to-equity swap, according to a note posted on the website of Montenegro stock exchange. The company issued 5,203,745 new shares, nominal value EUR 1. Daido Metal Kotor is controlled by Japanese Daido Metal Co., Ltd. Nagoya (99,05%) and is engaged in manufacture and sale of bearings for motor vehicles. |
Montenegro's government said it decided on Thursday, March 21, to reduce to EUR 220mn from EUR 250mn the amount it plans to borrow this year for financing its budget spending and servicing ... more
Montenegro's budget revenue increased by 11.5% y/y to EUR 195mn in the period from January 1 to March 20 due to higher profit tax, social contributions and VAT inflows, news service ... more
Mobile phone penetration in Montenegro dropped to 155.5% at the end of February 2013, from 159.81% at end-Dec 2012 and 163.66% a year earlier, the latest figures of the telecommunications agency ... more