Montenegro's 13 Jul-Plantaze halves net loss in 2023

Revenue rose by 18.2% on an annual comparison basis to 29.2 million euro last year, while operating costs went up to 21.3 million euro from 19.5 million euro, 13 Jul-Plantaze said in a filing to the Montenegro Stock Exchange last Friday.

The government's Investment and Development Fund owns a 22.2% stake in Plantaze, 21.5% is held by the Pension and Disability Insurance Fund and 9.2% is owned by Komercijalna Banka Montenegro. The remainder is in the hands of a number of minority shareholders.

$ = 0.9266 euro