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Barska Plovidba A.D. (Montenegro)

Main Activities: Deep Sea, Coastal, and Great Lakes Water Transportation | Coastal and Great Lakes Freight Transportation
Full name: Barska Plovidba A.D. Bar Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Barska Plovidba A.D. Bar is a company located in Bar, Montenegro. It was incorporated on October 20, 2000, under the name AD "Putnički terminal" Bar, which was later changed to Barska Plovidba AD Bar in 2002. Since its establishment until December 2016, Barska Plovidba primarily operated ferry boats "Sveti Stefan" and "Sveti Stefan II" for the transportation of passengers and vehicles between Montenegro and Italy (Bar - Bari - Bar and Bar - Ancona - Bar). Currently, the company indirectly maintains a line with Italy until the acquisition of a new ferry boat. In addition to ferry services, Barska Plovidba also owns two Bulk Carrier cargo ships for the transportation of bulk cargo. These ships have a carrying capacity of 36,000 DWT. The construction of the cargo ships "Bar" and "Budva" was completed in 2014 in the Jinling shipyard in China, with the support of the Government of Montenegro and the Ministry of Transport and Maritime Affairs. They were acquired on September 18, 2014, and October 8, 2014, respectively, and have been commercially operated since then. By strengthening its maritime capacities through this project, Barska Plovidba AD Bar has ensured continuity in its operations. The company operates in the passenger terminal building located in the port of Bar, which is part of the corridor of powerful passenger and cargo flows (Budapest - Belgrade - Bar - Bari). The terminal building offers various services to passengers, including a travel agency, restaurant, yachting club, post office, tourist agency, and freight forwarding, providing a complete service for travelers heading to the mentioned destinations.

Headquarters
Obala 13.jul. Bb.
Bar; Bar; Postal Code: 85000

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Website: http://www.montenegrolines.net/

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
October 20, 2000
Key Executives
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Chairman
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Member of the Management Board
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Member of the Management Board
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Member of the Management Board
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Member of the Management Board
Ownership Details
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36.178%
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18.63%
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16.16%
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12.83%
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9.16%
Subsidiaries
Predstavnistvo Barska Plovidba (Serbia)
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
-17.74%
Total operating revenue
-16.74%
Operating profit (EBIT)
-72.41%
EBITDA
-24.2%
Net Profit (Loss) for the Period
-80.16%
Total assets
-1.35%
Total equity
55.15%
Operating Profit Margin (ROS)
-14.17%
Net Profit Margin
-8.99%
Return on Equity (ROE)
12.78%
Debt to Equity Ratio
-1068.94%
Quick Ratio
-0.09%
Cash Ratio
-0.06%

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