Jedinstvo announces consolidated financial statements for 1H2015

Jedinstvo Group`s consolidated revenues, which includes operations of the parent company and its daughter firms, in the first six months of 2015 amounted to EUR 1.8bn compared to a RSD 2.2bn from the same period last year.

The Company’s management notified in the 1H business report that it expects to see the same sales in 2015 as in the previous year, if taking into account the fact that works at northern part of Kosovo region are intensified and additional EUR 7-8m of new jobs were contracted in July. In addition, construction works at Bar (Montenegro), worth EUR 10m, should be started soon, the report said.

Due to reduced implementation of the contracted projects, Jedinstvo recorded a net loss for the first six months of RSD 166.1m.