August 28, 2014 12:55 PM ET

Electric Utilities

Company Overview of Crnogorski Elektroprenosni Sistem AD

Company Overview

Crnogorski Elektroprenosni Sistem AD offers electricity transmission services. Crnogorski Elektroprenosni Sistem AD was formerly known as Prenos AD. The company was founded in 2009 and is based in Podgorica, Montenegro.

Bulevar Svetog Petra Cetinjskog 18

Crna Gora

Podgorica,  81 000

Montenegro

Founded in 2009

Phone:

382 20 407 682

Fax:

382 20 407 665

Key Executives for Crnogorski Elektroprenosni Sistem AD

Crnogorski Elektroprenosni Sistem AD does not have any Key Executives recorded.

Crnogorski Elektroprenosni Sistem AD Key Developments

Crnogorski Elektroprenosni Sistem Announces Earnings Results for the First Half of 2014

Crnogorski Elektroprenosni Sistem announced earnings results for the first half of 2014. For the first half, the company reported that net profit soared to EUR 7.8 million ($10.5 million) from EUR 914,137 a year earlier. Operating revenue rose 63% on the year to EUR 20.1 million through June.

Crnogorski Elektroprenosni Sistem Reports Earnings Results for the First Quarter Ended March 2014

Crnogorski Elektroprenosni Sistem reported earnings results for the first quarter ended March 2014. The net profit of Crnogorski Elektroprenosni Sistem soared to €4.4 million ($3.6 million) in the first quarter of 2014 from €864,200 a year earlier. Operating revenue rose 60% on the year to €10.2 million through March.

Crnogorski Elektroprenosni Sistem Reports Earnings Results for the Year 2013

Crnogorski Elektroprenosni Sistem reported earnings results for the year 2013. For the year, the company’s net profit plunged to EUR 2.6 million from EUR 6.5 million a year earlier. Operating revenue fell to EUR 26.6 million from EUR 29.2 million a year ago.

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