EPCG achieved a net profit of 42.88 million euros



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Elektroprivreda Crne Gore in the first half of this year realized a net profit of about 42.88 million euros,

– Profit before interest, income tax and costs. amortization and depreciation of 49, 35 million euros, achieved in the first half, 58% is higher than expected – the EPCG explained that the first six months of 2018 have reached 154, 47 million euros, 11% more than expected and 26% The main reasons for good results in the first half are, on the one hand, a good maneuverability and a stable operation of the production facilities which, in due to good hydro-meteorological conditions, have resulted in increased production, according to EPCG [19659002] The position of the company is that employees of production facilities, as well as the Directorate of Energy Management, have greatly contributed to the good results.

– Elektroprivreda Crne Go In a challenging environment, during the first six months of 2018, thanks to its good handling and exceptional hydrological conditions, it has achieved good results. Certainly, a good continuous billing rate, with increased sourcing activities, and additional incentives for regular payroll and improved customer relations, have further improved the company's operations – EPCG said in a statement

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