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Sozina tunnel to generate almost €10m in revenues

Tunel Sozina

State-owned company “Monteput”, whose executive director is Jonuz Mujević and president of the Board of Directors Aleksandar Žurić, this year plans to generate revenues amounting to €40,425,810, while the total profit will amount to €410,860.

Based on the document adopted by the Government of Montenegro, this limited liability company will be financing its work from its own funds with almost €8.83 million, whereas €31.6 million has been allocated to the repayment of the loan for the construction of permanent power supply system for the Bar-Boljare motorway, as Dnevne Novine put it.

“Costs of maintaining and managing the tunnel Sozina and access roadways will amount to €5.46 million, while it’s planned that the existing costs of Business Unit for managing the construction of the Bar-Boljare motorway should amount to €1 million,” suggests the Financial Plan of this company.

Planned total revenues for this year will be slightly higher than €10 million, which means after the company pays the value added tax, it will have €8.27 million available.

The main sources of profit will be through toll tax for the use of Sozina tunnel and access roads, billboard renting and other revenues generated from renting.

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