Montenegro's' main sea port, Port of Bar (Luka Bar), expects a 22% y/y hike in cargo volume in 2011 from last year's 1.047mn tonnes, SEEbiz quoted the port's executive director Slobo Pajovic as saying. The 2010 cargo volume was by 36% higher than that, processed in 2009. The port posted an EUR 1.8mn after-tax profit in 2010, up by 19% y/y. The executive director also announced EUR 4mn worth of planned investment in infrastructure that would boost the technical capacity. |
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