Tivat municipal companies report significant financial results

Municipal enterprises in Tivat, Montenegro, have reported their financial outcomes for the 2025 fiscal year.

Komunalno preduće Tivat achieved a pre-tax profit of 128,158 euros, an elevenfold increase compared to the 11,597 euros reported in 2024. The company's total revenue rose by 23 percent to 5,169,106 euros, driven largely by service fees for waste collection and municipal subsidies for maintaining public spaces, lighting, and roads. The enterprise also significantly increased its investment in equipment, totaling 852,439 euros.

Autobuska stanica Tivat, which was formally dissolved on January 1, 2025, and integrated into Parking servis Tivat, recorded a net profit of 76,253 euros in its final year of independent operation. This represents a nearly 70 percent decrease in profit compared to 2024. The bus station managed approximately 70,000 tickets annually, serving around 60 domestic and international carriers across more than 50 lines.