Đurašković at the head of the Regional Waterworks

At the end of 2020, the "Regional Water Supply of the Montenegrin Coast" Budva reported a loss of 198.847 euros, with a high credit debt of 50 percent of the total business income, which in 2020 amounted to 5.935.335 euros," announced after the session

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Josip Đurašković, Photo: Regional water supply of the Montenegrin coast
Josip Đurašković, Photo: Regional water supply of the Montenegrin coast
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.

At today's session, chaired by the chairman of the Board of Directors, Zoran Lakušić, the board of directors of the company "Regionalni vodvodac Crnogorsko primorje" elected Josip Đurašković, a graduate in economics, as the executive director for a period of 5 years.

"Also, at the same session, the Board of Directors adopted the Report of the independent auditor "CROWE MNE" on the performed audit of the financial statements for 2020, with the task of resolving mutually inconsistent obligations based on compensation as of 31. December 2020 in the amount of EUR 598.429, arising from the Agreement signed on August 28, 2007, between the Government of Montenegro and the International Development Organization. The audit firm "CROWE MNE" could not determine the potential effects on the attached financial statements, so issued an opinion with a reservation. The company "Regionalni vodovod Crnogorsko primorje" doo Budva reported a loss in the amount of 2020 euros at the end of 198.847, with a high credit debt of 50 percent of the total business income, which in 2020 amounted to 5.935.335 euros," the announcement states

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