Montenegro’s Ulcinjska Rivijera reported a significant widening of net losses in the first half of the year, reflecting ongoing financial challenges for the prominent regional tourism company. The latest financial results, released by SeeNews, highlight increased operational pressures amid a competitive market and fluctuating visitor numbers. This development raises concerns about the company’s short-term profitability and its ability to navigate the evolving economic landscape in the Adriatic hospitality sector.
Montenegro’s Ulcinjska Rivijera Reports Sharper Decline in First Half Financial Performance
Ulcinjska Rivijera experienced a significant downturn in its financial results during the first half of the year, with a notable expansion in net losses compared to the previous period. The company cited ongoing challenges in the tourism sector, coupled with increased operational costs and subdued visitor numbers, as key factors influencing the decline. Despite efforts to…
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Author : EURO-NEWS
Publish date : 2025-09-27 04:41:00
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