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Aerodromi Crne Gore A.D. (Montenegro)

Main Activities: Scheduled Passenger Air Transportation | Support Activities for Air Transportation | Airport Operations
Full name: Aerodromi Crne Gore A.D. Podgorica Profile Updated: July 01, 2024
Buy our report for this company USD 19.99 Most recent financial data: 2020 Available in: English Download a sample report

Aerodromi Crne Gore (Airports of Montenegro) is a public enterprise, established in 1999. The company, which is fully owned by the State, operates the two local airports in Podgorica and Tivat. The primary airport of Montenegro is located in Podgorica. Previous owner of Airports of Montenegro was the Serbian airline JAT. After series of negotiations between the local government and the Serbian air carrier, in April 2003 the Montenegrin authorities took over the airports of Podgorica and Tivat.
Podgorica Airport is located 12 km south from the Montenegrin capitol. The other airport is 4 km away from the coastal city of Tivat.
The government of Montenegro invested EUR 30 million in reconstruction and modernization of the two ports. European Investment Bank and European Bank for Reconstruction and Development financially supported the Montenegrin Airports Modernization Program (MAMP). The two renovated airports officially opened in mid-2006.
Airports of Montenegro is a regular member of Airport Council International (ACI).

Headquarters
Aerodrom Podgorica
Podgorica; Podgorica; Postal Code: 81000

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Website: http://www.montenegroairports.com

Basic Information
Total Employees:
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Outstanding Shares:
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Incorporation Date:
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Ownership Details
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
-78.94%
Total operating revenue
-76.53%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
4.58%
Total equity
10.87%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
-1.03%
Quick Ratio
0.49%
Cash Ratio
-0.36%

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