You have 10 free articles left this month. Get your freeBasic subscription now and gain instant access to more.

Montenegro Airlines A.D.

Summary

Company ID (NIN)

02737175

Company owner / manager

  • Vlada Crne Gore
  • Other

Country

Montenegro

Capital

34,707,762

Total assets

50,874,872

Net loss for the period

11,473,590

Report year

2016

Currency

EUR

Industry

Air Transport

Southeastern Europe Company Index (SEECI)

What is SEECI?

General information

About Montenegro Airlines A.D.

Montenegro Airlines A.D. is a Montenegrin state-owned air transport service provider.

 

Last updated on July 8, 2019.

Meta info
Status
Active
Legal form
Joint Stock Company
Incorporation date
Oct. 24, 1994
NIN
02737175
Tickers
MOAR
Stock Exchange
Montenegro Stock Exchange
ISIN
MEMOARRA1PG9
Profile last updated
July 12, 2019, 10:57 a.m.
Alternative names

    Montenegro Airlines JSC;
    Montenegro Airlines
    Društvo za transport putnika i robe u vazdušnom saobraćaju Montenegro Airlines a.d. Podgorica

History

    Oct 24, 1994 – The Government of Montenegro establishes state-owned air carrier Montenegro Airlines D.O.O.

    April 2000 - Montenegro Airlines D.O.O. becomes a member of the Intenational Air Transport Association (IATA).

    Feb 12, 2008 - The company is awarded IATA Operational Safety Audit (IOSA) certification.

    Nov 25, 2008 - The company lists on the Montenegro Stock Exchange.

    Nov 4, 2009 - Montenegro Airlines D.O.O. transforms into a joint stock company.

    September 2010 - Government of Montenegro starts a procedure of privatisation of 30% stake of Montenegro Airlines A.D. Four companies buy documents - two Israeli companies - El Al Israel Airlines Ltd and Arkia Israeli Airlines Ltd, Etihad Airways, the UAE and Cyprus-based Innuendo Ltd. In December the tender fails to attract any bids despite four companies.

    2011 - Turkish Airlines shows interest in buying 30% stake of Montenegro Airlines A.D.

    Jan 18, 2013 - Montenegro's privatisation council announced its plans to launch a tender for the sale of Montenegro Airlines until the end of the year.

    2017 - Montenegrin Government raises its stake in the company to 99.92%.

     

    Last updated on July 8, 2019.

Management

Board of Directors
Nikola Vukicevic
Chairman of the Board
Milica Abramovic
Member of the Board
Dragan Popovic
Member of the Board
Miroslav Bjelica
Member of the Board
Dzenan Demic
Member of the Board
Executive Board
Zivko Banjevic
CEO

Contacts

Address
10, Beogradska Str.
81000
Podgorica, Montenegro
Telephones

+382 20 405 533
+382 20 415 452
+382 20 228 187
+382 20 415 438

Fax

+382 20 665 291
+382 20 228 147

Emails

booking@montenegroairlines.com
commerce@montenegroairlines.com

Websites
www.montenegroairlines.com

Ownership

Name Direct holding Indirect holding Owner type Country
Vlada Crne Gore 99.92 State Montenegro
Other 0.08 Other

Subsidiaries and affiliates

Name Direct holding Indirect holding Country

Products and services

Montenegro Airlines A.D. operates international scheduled and charter passenger flights. It also carries cargo and mail.

The company also organises catering events and makes travel arrangements, and operates a training centre at the Podgorica Airport.

 

Last updated on July 8, 2019.

Capacity

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Employment

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Market and sales

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Investment plans

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles

Financial information

Access 800,000+
basic

Basic profiles include:

  • General information
  • Contacts
  • Management
  • Ownership
  • Employment
  • Financial Information & Key Financial Ratios
and 4,000+
premium

Additionaly to the content in basic profiles, premium profiles include:

  • Company History
  • Subsidiaries & Affiliates
  • Product & Services
  • Capacity
  • Market & Sales
  • Investment Plans
company profiles
Compare