Montenegro backs €30m EBRD railway loan

In:

Infrastructure

Region:

Europe

The Montenegrin government will issue state guarantees for a €30 million ($32 million) loan that state-controlled railway operator Zeljeznicki Prevoz Crne Gore (ZPCG) plans to take from the EBRD.The funds will be used for the purchase of up to three sets of 4-car electro-motor units (EMU) that...

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