Port News & Information Mediterranean, Black & Caspian Seas

Montenegro’s Bar port operator sees €22.1 million loss in 2018, seeks investment

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Bar, Montenegro (Ports Europe) April 26, 2019 – Montenegrin port operator Luka Bar recorded a €22.1 million ($24.7 million) loss in 2018, due to the execution of an agreement for the payment of liabilities to employees and indirect write-off of customer receivables. The port is operated by Luka Bar a.d. Bar. The value of Bar port’s land, which…

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