Tigar cuts losses by 64,1% - Slight increase in income in 2015

In 2015, company’s consolidated operating income reached RSD 2.8 billion (which is a growth of 3.4% ), while operating profit totaled RSD 11.6 million. A year earlier, Tigar registered consolidated operating loss of RSD 226.9 m .

Company’s net debt at the end of last year reached RSD 7.2 billion, an increase of 33.7 % , but through the plan of reorganization it significantly changed its structure in favor of long-term obligations. At the same time , through the stock exchange, it was announced that, after recent trading , Nikomms came to ownership stake of 21.2 %. in Tigar.