English

Port in Bar made a profit of 600.000 EUR for six months

Luka Bar

Due to the more intense works on the Bar-Boljare highway, cement transshipment will be increased in comparison to the previous year – 67% or 66.812 tons. Increased production in the Aluminum compound provoked bigger transshipment of alumina (8.256 t). Increase in transshipment of mullock is 4.812 tons whereas there are 633 tons more of old iron, said the CEO of the Port in Bar, Zarija Franović.

“We’re now working on the financial reports for the first six months of 2018 and we expect the result of more than 600.000 EUR of profit”, said Franović.

The Port in Bar also plans to upgrade and expand facilities.

“In accordance with the principles of the development of ports, after the optimization of the degree of capacity utilization, it is necessary to expand them. In that sense, the plan for the port infrastructure investments has been formulated. Once the validity of the investments is confirmed by detailed analyses, the procedures of individual investments will begin”, said Franović.

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