Montenegro’s railway infrastructure operator Zeljeznicka Infrastruktura Crne Gore (ZICG) announced that its net loss narrowed to 632,074 euros in the first half of 2017 from 1.169 million euros in the same period of 2016. The revenue of the company went up by 9% on the year to 6.9 million euros while operating costs grew by 2.2% to 7.5 million euros. The company ended the first half of the year with an operating loss of 679,179 euros, smaller than the losses of 1.1 million euros recorded in the first half of last year.
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