Port of Bar: Around 20 million euros invested in the last four years

"Viewed by year, investments were made in the amount of 3,62 million euros in 2022, 1,74 million euros in 2023, 8,41 million euros in 2024 and 5,8 million euros last year," the statement said.

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Luka Bar (Illustration), Photo: Luka Bar
Luka Bar (Illustration), Photo: Luka Bar
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

In the last four years, the Port of Bar has made investments worth around 20 million euros, aimed at improving port infrastructure, superstructure and purchasing modern port machinery, the company announced.

The Port of Bar said that this investment cycle improves operational capacities, process reliability and the overall functionality of the port system, with a clear commitment to continue the investment continuity throughout this year.

"Looking at the years, investments were made in the amount of 3,62 million euros in 2022, 1,74 million euros in 2023, 8,41 million euros in 2024, and 5,8 million euros last year," the statement said.

It is added that 6,22 million euros were invested in the port infrastructure segment.

"The most significant investments relate to the rehabilitation of the Volujica operational quay structure of 3,65 million euros, coastal hydrotechnical infrastructure of 930 thousand euros, rehabilitation of the port railway network of 480 thousand euros, rehabilitation of port road traffic and handling areas of 350 thousand euros, as well as investment maintenance of the power infrastructure of 330 thousand euros," the statement said.

2,5 million euros have been allocated for the port superstructure.

"In this segment, investment maintenance of the ammonia refrigeration installation and repair of the ramp on the cold storage were carried out in the amount of 378 thousand euros, repair of damage to the roof structure of warehouse 10 in the amount of 238 thousand euros, corrective repairs of warehouse structures in the amount of 31 thousand euros, construction of an assembly-disassembly closed warehouse with an area of ​​4,5 thousand square meters in the amount of 1,3 million euros, procurement of a metal hall of 600 square meters for 106 thousand euros, as well as procurement and installation of a system for washing wheels and undercarriage of machinery in the amount of 385 thousand euros," the statement reads.

11,27 million euros were invested in the port machinery segment.

"Nine new loaders worth 1,84 million euros were purchased, a special machine for industrial purposes worth 753 thousand euros, four tractor trucks and 11 tipper semi-trailers worth 596 thousand euros, four forklifts for 228 thousand euros, a mobile port crane for 5,9 million euros, five grabs for 340 thousand euros, as well as one reach-stacker worth 589 thousand euros," the Port of Bar said.

As part of the investment cycle, investments were also made in digitalization, security and environmental protection. 321 thousand euros were allocated for the port information system, 537 thousand euros for environmental protection, and 380 thousand euros for the port security system.

The company stated that it will continue the investment cycle this year, with the aim of further strengthening operational readiness, operational safety, and quality of services to partners and users.

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