Home / Infrastructure / Montenegrin railway infrastructure manager cuts 2013 net loss by 59%

Montenegrin railway infrastructure manager cuts 2013 net loss by 59%

Montenegrin state-controlled railway infrastructure operator Zeljeznicka Infrastruktura Crne Gore (ZICG) reported net loss by 59% to approximately EUR 3 million in 2013.

Total income rose 7.0% on the year, to EUR 12.1 million, while total expenditures decreased by 19% to EUR 15.1 million, the company said in its annual financial statement sent to the Montenegro Stock Exchange.

Source*http://wire.seenews.com/

Check Also

Nokia's communications network to support railway operations on Malaysia's first mass rapid transit line

Nokia’s communications network to support railway operations on Malaysia’s first mass rapid transit line

Nokia has supplied a mission-critical communications network to LG CNS – a Korea-based systems integrator …

Leave a Reply

Your email address will not be published. Required fields are marked *