PODGORICA (Montenegro), April 8 (SeeNews) – Montenegrio's majority state-owned power utility Elektroprivreda Crne Gore (EPCG) said it turned to a net profit of 25.1 million euro ($34.4 million) in 2013 from a net loss of 5.8 million euro a year earlier.
Operating income increased to 277.8 million euro in 2013 from 263.3 million euro a year earlier while operating costs fell to 235.9 million euro from 276.3 million euro, EPCG said in a filing with the country’s Securities Commission.
($=0.7288 euro)