Wednesday, 05. March 2008.

€17 million to Montenegrin Railways

A tender for reconstructing Montenegro’s national railway infrastructure have been announced by the European Bank for Reconstruction and Development this week.

The EBRD will finance a loan of €17 million for the initial phases of rec o n s truction, as part of a larger plan totalling €52 million.

The European Investment Bank and the European Agency for Reconstruction will also help fund the project...