Kotor - Firm "Jugopetrol" from Kotor is planning to have 3,7 million EUR profit and gross income of over 127 million EUR this year, has been announced at today#s press conference of this firm. Public relations advisor of this company Milan Sparovic said that this year Jugopetrol would invest into capital goods about 4,8 million EUR: 1,4 million EUR for modernization of 11 gas stations in Montenegro and 2 million EUR for reconstruction of installations in Bar and Airplane service in Tivat. "It will be invested approximately 450 thousand EUR into installation of modern information system, and over 950 thousand EUR will be invested into motor pool. We are planning to purchase over 409 thousand tons of petrol, diesel, crude oil and the other derivatives for over 104 million EUR", said Sparovic. He estimated that the firm was successfully working and achieved significant profit during last year but he did not state a precise financial result. Sparovic said that Jugopetrol from Kotor would this year harmonize changing of prices of derivatives in Montenegro with the world and that on supplying the market it would respect standard of environmental protection. Representatives of Jugopetrol are currently preparing tender documentation for complete privatization of this company that should be finished during first half of this year.