Etg Grupa
Active · Limited liability companyDRUŠTVO SA OGRANIČENOM ODGOVORNOŠĆU "ETG GRUPA" D.O.O. - PODGORICA
7112 · Engineering activities and related technical consultancyPodgoricaFounded 2002
Account not blockedNot on tax debtor listsFilings completeNot in bankruptcy or liquidationCourt data not available
Key figures
2025
Total revenue · 2015–2025
12.6m€2025. · +54.5% vs 2024
Click or tap a year to see its figures; drag across the chart to preview. Source: Tax Administration (IRMS) income statements.
Market position
By revenue · 2025Similar-sized peers
- 1Telemont16.0m€
- 2Permonte14.5m€
- 3Etg Grupa12.6m€
- 4Indel Inženjering7.8m€
- 5Entext Inženjering6.3m€
- 6Medex Electric5.5m€
Companies in the same activity or sector with a third to three times this company's revenue. The button next to one adds it to the comparison.
What else we know
Recent activity
All changes for this company →Event · 2025
Peak revenue
12.6m€
Event · 10 Jan 2022
Largest tender
286.0k€ · CRNOGORSKI ELEKTROPRENOSNI SISTEM AD PODGORICA
Event · 2015
First year in BizStats data
Event · 12 Aug 2002
Registered
Društvo sa ograničenom odgovornošću
Performance
Export CSVTotal revenue (2025)12.61m€54.5% vs PY
Profit (2025)443,860€34.8% vs PY
Employees (2025)920.0% vs PY
Avg payroll cost per employee/mo (2025)1,125€11.5% vs PY
Profit margin (2025)3.5%Profit / total revenue
2025
- Total Income
- 12,606,478€
- Profit
- 443,860€
- Employees
- 92
- Avg payroll cost per employee/mo*
- 1,125€
- Est. net pay
- 954€
- Income/Employee
- 137,027€
2024
- Total Income
- 8,162,121€
- Profit
- 329,275€
- Employees
- 92
- Avg payroll cost per employee/mo*
- 1,009€
- Est. net pay
- 833€
- Income/Employee
- 88,719€
2023
- Total Income
- 7,722,638€
- Profit
- 342,510€
- Employees
- 85
- Avg payroll cost per employee/mo*
- 852€
- Est. net pay
- 704€
- Income/Employee
- 90,855€
* Avg payroll cost per employee per month = wages, wage compensation and other personnel expenses from the income statement (AOP 211: net wages, taxes and contributions on wages including the employer's, and other personnel expenses) / employees / 12. It is not an employee's gross or net salary; reporting errors can move it significantly, and values below 300€ a month are not shown. How we calculate →
Estimated net pay applies the employee deductions in force in the filing year to the avg payroll cost per employee: pension 15% (2022–2023), 13.75% (2024: 15% until September, 10% from October) or 10% (from 2025), unemployment 0.5%, income tax of 9% on the part between 700€ and 1,000€ and 15% above it, and the local surtax of the company's municipality. The base also includes employer contributions and other personnel expenses, so the estimate is an upper bound. It is not shown for years before 2022, when different rules applied.
Against the Professional services sector · 2025
This companySector medianProfit margin
3.5%median 3.4%
5% above the median
20152025
Payroll cost per employee/mo
1,125€median 1,207€
7% below the median
20152025
Revenue per employee
137,027€median 19,828€
6.9× the median
20152025
Median of 3,816 companies in the sector that filed for 2025.
Position relative to the peer group
Source and methodology: Public financial filings, CRPS, CBCG, and eKatastar where available. Revenue, profit, employees, and payroll costs come from public financial filings; average gross pay and revenue per employee are derived metrics. Rankings are calculated by total revenue for the latest visible year.
Latest filing year: 2025 · Filing listing (IRMS): 19 May 2026
Risk signals
No registry flags- Risk flag
- No
- Account blocked
- No
- Tax debtor list
- No
- Missing annual statements
- No
- Forced-liquidation risk
- No
Source data as of: CBCG 30 Sept 2026 · Tax Administration 31 Mar 2025 – 30 Sept 2025 · IRMS 19 May 2026
Source: Central Bank of Montenegro, CRTR and monthly blocked-account snapshots.
Accounts and blocks
CBCGThis company's list of open accounts is not available on BizStats at the moment. Check it in the Central Bank's official CRTR registry.
Source: Central Bank of Montenegro, CRTR and monthly blocked-account snapshots.
Check in CRTR registryOfficial CBCG account registry. Enter PIB 02264498 in the search.
Court activity
sudovi.mesudovi.me has not been searched for this company yet (no stored results). No data here does not mean the company has no court cases.
BizStats has court data for 556 companies.Check hearings on sudovi.me
Public money
Public procurements · As supplier
590.4k€
18 contracts · 10 counterparties
State contracts and payments 2025 / revenue 2025
0.1%
16,761€ in contracts signed and state payments received in 2025 · Total contracted 2021–2026: 590,381€
Public contracts by year
Contract value, € thousands
- 452021: 45,213€
- 2962022: 295,904€
- 222023: 22,038€
- 1342024: 134,323€
- 172025: 16,761€
- 762026: 76,142€
Contracts through 15 May 2026. Source: CEJN (Public Procurement Administration), matched by tax ID.
Largest contracts
- Izvođenje radova na unapređenju protivpožarne zaštite286,039€CRNOGORSKI ELEKTROPRENOSNI SISTEM AD PODGORICA · 10 Jan 2022
- Servis UV reaktora za dezinfekciju vode77,061€REGIONALNI VODODOVOD CRNOGORSKO PRIMORJE DOO BUDVA · 13 Mar 2024
- 52/25 Adaptacija bivše kotlarnice u suterenu NDC-a u magacinski prostor49,445€CRNOGORSKI ELEKTROPRENOSNI SISTEM AD PODGORICA · 29 Jan 2026
Contracts and tenders
- As supplier
- 18 contracts€590,380.72 contractedFull procurement profile
- In consortia
- 3 contracts€1,998,313.64 contracted
22 tendersSource: CEJNLinked through: 30 Oct 2026
| Tender | ||
|---|---|---|
2026-04-24Completed | Supplier Small procurement · Goods · Contract 2026-05-15 · Deadline 2026-04-30 Buyer: INSTITUT ZA JAVNO ZDRAVLJE Supplier: ETG GRUPA | 12,981 EUR Contract value |
2026-03-26Completed | Redovan pregled, servis i čišćenje HVAC sistema, akumulacionih bojlera, pumpi, hidranata, separatora i sprinkler sistema, uključujući inspekciju, testiranje električnih instalacija i sitne popravke. Supplier Small procurement · Services · Contract 2026-04-06 · Deadline 2026-03-30 Buyer: NAUČNO TEHNOLOŠKI PARK CRNE GORE DOO Supplier: ETG GRUPA | 10,450 EUR Contract value |
2025-12-10Completed | Supplier Small procurement · Goods · Contract 2026-01-21 · Deadline 2025-12-15 Buyer: AERODROMI CRNE GORE Supplier: ETG GRUPA | 3,266 EUR Contract value |
2025-09-22Completed | Supplier Open procedure · Works · Contract 2026-01-29 · Deadline 2025-10-21 Buyer: CRNOGORSKI ELEKTROPRENOSNI SISTEM AD PODGORICA Supplier: ETG GRUPA | 49,445 EUR Contract value |
2026-04-24Completed
Supplier
Small procurement · Goods · Contract 2026-05-15 · Deadline 2026-04-30
Buyer: INSTITUT ZA JAVNO ZDRAVLJE
Supplier: ETG GRUPA
12,981 EUR
Contract value
2026-03-26Completed
Redovan pregled, servis i čišćenje HVAC sistema, akumulacionih bojlera, pumpi, hidranata, separatora i sprinkler sistema, uključujući inspekciju, testiranje električnih instalacija i sitne popravke.
Supplier
Small procurement · Services · Contract 2026-04-06 · Deadline 2026-03-30
Buyer: NAUČNO TEHNOLOŠKI PARK CRNE GORE DOO
Supplier: ETG GRUPA
10,450 EUR
Contract value
2025-12-10Completed
Supplier
Small procurement · Goods · Contract 2026-01-21 · Deadline 2025-12-15
Buyer: AERODROMI CRNE GORE
Supplier: ETG GRUPA
3,266 EUR
Contract value
2025-09-22Completed
Supplier
Open procedure · Works · Contract 2026-01-29 · Deadline 2025-10-21
Buyer: CRNOGORSKI ELEKTROPRENOSNI SISTEM AD PODGORICA
Supplier: ETG GRUPA
49,445 EUR
Contract value
“In consortia” amounts are the full value of contracts shared by all consortium members, not this company's share.
Matches are based on company-name matches in imported CEJN buyers and parties; CEJN does not expose PIBs for these rows. cejn.gov.me
Linked by:PIBexact name
Ownership at a glance
CRPS · 15 Jun 2026- MLADEN BAJKOVIĆ100 %
Ownership structure
CRPSCompany
"ETG GRUPA" D.O.O. - PODGORICA
02264498
Company owners
1
Companies owned
unknown
Company owners
1
- Relation
- Owner
- Share
- 100%
CRPS does not publish PIBs for company owners, so the number of companies this company owns cannot be determined reliably.
Source: CRPS persons in company and company shares, fetched 2026-06-15. Direct registry relationships only.
Authorized persons
CRPSPeople and roles in the current CRPS register. Historical financial filings do not establish current authorization.
Loading CRPS register…
Responsible persons · filing history
IRMSPersons listed as “Odgovorno lice” in financial filings, by reporting year. These are historical filing records, not confirmation of current CRPS authorization. The preparer is not shown.
- LUKA BAJKOVIĆ
Mentioned in reports: 2024–2025 Reports: 2
IRMS financial filings: years shown are reporting years, not appointment or authorization periods. Original names and source reports are preserved below.
- Source PDFLUKA BAJKOVIĆResponsible person · filing year 2025 · Filed 25 Mar 2026
- Source PDFLUKA BAJKOVIĆResponsible person · filing year 2024 · Filed 25 Jun 2025
- MLADEN BAJKOVIĆ
Mentioned in reports: 2015–2023 Reports: 9
IRMS financial filings: years shown are reporting years, not appointment or authorization periods. Original names and source reports are preserved below.
- Source PDFMLADEN BAJKOVIĆResponsible person · filing year 2023 · Filed 30 Mar 2024
- Source PDFMladen BajkovićResponsible person · filing year 2022 · Filed 31 Mar 2023
- Source PDFMLADEN BAJKOVIĆResponsible person · filing year 2021 · Filed 31 Mar 2022
- Source PDFMLADEN BAJKOVIĆResponsible person · filing year 2020 · Filed 31 Mar 2021
- Source PDFMLADEN BAJKOVIĆResponsible person · filing year 2019 · Filed 31 Jul 2020
- Source PDFMLADEN BAJKOVIĆResponsible person · filing year 2018 · Filed 27 Jun 2019
- Source PDFMLADEN BAJKOVIĆResponsible person · filing year 2017 · Filed 15 Apr 2018
- Source PDFMLADEN BAJKOVIĆResponsible person · filing year 2016 · Filed 27 Apr 2017
- Source PDFMLADEN BAJKOVIĆResponsible person · filing year 2015 · Filed 31 Mar 2016
Real estate and projects by municipality
012–45–1920+registry records
All of Montenegro
2 municipalities
- Records
- 4
- Parcels
- 7
- Buildings
- 8
Pick a municipality on the map or in the list. Sources: Real Estate Administration (eKatastar); projects: gov.me, municipalities and the Environmental Protection Agency.
Owned properties
4 records7 parcels8 objects4 cadastral municipalities
SPUŽ
ETG GRUPA DOO PODGORICA
- LN number
- 696
- Subfolio
- N/A
- Parcels
- 2
- Objects
- 0
Rights: Svojina 1/1
Collected: 2026-06-07
DONJA GORICA
ETG GRUPA DOO PODGORICA
- LN number
- 5891
- Subfolio
- N/A
- Parcels
- 1
- Objects
- 3
Rights: Svojina 1/1
Collected: 2026-06-07
PODGORICA I
ETG GRUPA DOO PODGORICA
- LN number
- 4416
- Subfolio
- N/A
- Parcels
- 1
- Objects
- 2
Rights: Svojina 1/1
Collected: 2026-06-07
PODGORICA III
ETG GRUPA DOO PODGORICA
- LN number
- 6984
- Subfolio
- N/A
- Parcels
- 3
- Objects
- 3
Rights: Svojina 1/1, Svojina 1/1
Collected: 2026-06-07
Source: eKatastar of Montenegro's Real Estate Administration.
How to check
The Real Estate Administration's eKatastar has no public links to individual title sheets. On ekatastar.me, choose the municipality and the cadastral municipality (KO), then enter the title sheet number (LN). The portal may ask you to sign in.
Linked by:PIB