Revenue
6.8% of sector revenue
327 companies earned 139.03m€ in 2025, 6.8% of Construction sector revenue. Revenue has grown 3.3× since 2015.
6.8% of sector revenue
156 with at most one employee
Largest employer: Epcg-Solar-Gradnja (506)
Median company 2.3% · 54% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 251–300 of 327
* 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 →
Totals include 2 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 42,588,411€ | 118 |
| 2016 | 47,299,692€ | 124 |
| 2017 | 52,556,942€ | 128 |
| 2018 | 68,687,823€ | 153 |
| 2019 | 80,664,816€ | 158 |
| 2020 | 101,840,633€ | 190 |
| 2021 | 78,729,511€ | 205 |
| 2022 | 77,725,877€ | 228 |
| 2023 | 97,175,511€ | 266 |
| 2024 | 113,789,605€ | 300 |
| 2025 (Preliminary) | 139,032,823€ | 327 |
Employees and payroll cost per employee per month*
<0.1% |
| 6,210€ |
| +37.7% |
| -1,934€ |
| -31.1% |
| 0 |
| — |
| 253 | Energy Systems03480364 · Nikšić | <0.1% | 5,480€ | -83.6% | -3,526€ | -64.3% | 1 | 347€ |
| 254 | Elektro Cimpex03795390 · Nikšić | <0.1% | 5,386€ | No filing for 2024. | 221€ | 4.1% | 1 | 369€ |
| 255 | Tehno-Electro03510760 · Bijelo Polje | <0.1% | 5,329€ | +102.1% | -3,079€ | -57.8% | 1 | 677€ |
| 256 | VBF Elektro03789551 · Podgorica | <0.1% | 5,187€ | No filing for 2024. | 554€ | 10.7% | 1 | 304€ |
| 257 | Artkenig03566609 · Budva | <0.1% | 5,170€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,429€ | -105.0% | 1 | 821€ |
| 258 | Teravolt Bistrica03549445 · Bijelo Polje | <0.1% | 5,018€ | -73.6% | -2,642€ | -52.7% | 1 | 338€ |
| 259 | Montprojekt02760657 · Nikšić | <0.1% | 5,000€ | -75.5% | 27€ | 0.5% | 1 | — |
| 260 | VM Electro03799557 · Ulcinj | <0.1% | 4,750€ | No filing for 2024. | -3,242€ | -68.3% | 1 | — |
| 261 | Energo Solar03211282 · Podgorica | <0.1% | 4,637€ | -4.2% | -9,531€ | -205.5% | 1 | 563€ |
| 262 | Alp Electric03636437 · Podgorica | <0.1% | 4,340€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,213€ | -166.2% | 1 | 811€ |
| 263 | B2 Elektro03309541 · Budva | <0.1% | 4,132€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,990€ | -96.6% | 1 | 677€ |
| 264 | Omnicraft03770966 · Podgorica | <0.1% | 3,120€ | No filing for 2024. | -199€ | -6.4% | 1 | — |
| 265 | Ilumen Solution03784681 · Podgorica | <0.1% | 2,865€ | No filing for 2024. | -328€ | -11.4% | 1 | — |
| 266 | Iskra MK03806286 · Mojkovac | <0.1% | 2,823€ | No filing for 2024. | 2,143€ | 75.9% | 0 | — |
| 267 | Elektro Zvezda03714764 · Herceg Novi | <0.1% | 2,645€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,587€ | -249.0% | 1 | 678€ |
| 268 | Best Electro03568725 · Herceg Novi | <0.1% | 2,500€ | +216.5% | -8,698€ | -347.9% | 1 | 678€ |
| 269 | Profi Elektro03779653 · Podgorica | <0.1% | 2,400€ | No filing for 2024. | -783€ | -32.6% | 1 | — |
| 270 | Renew Sve03609910 · Podgorica | <0.1% | 2,150€ | No filing for 2024. | -1,651€ | -76.8% | 0 | — |
| 271 | D’artanjan na Obale03494292 · Bar | <0.1% | 2,065€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,700€ | -324.5% | 1 | 678€ |
| 272 | Elko Frigo Team03368629 · Nikšić | <0.1% | 1,888€ | -38.4% | -3,087€ | -163.5% | 1 | — |
| 273 | R-Elektro Company03303128 · Danilovgrad | <0.1% | 1,580€ | -22.2% | -2,255€ | -142.7% | 1 | — |
| 274 | Rescued Millstone03465934 · Budva | <0.1% | 1,500€ | -76.2% | -11,270€ | -751.3% | 1 | 916€ |
| 275 | Elkon Plus03795055 · Bijelo Polje | <0.1% | 1,300€ | No filing for 2024. | -1,660€ | -127.7% | 1 | — |
| 276 | Sirius Montenegro03482090 · Bar | <0.1% | 1,214€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,036€ | -579.6% | 1 | 675€ |
| 277 | D2 Elektro03627349 · Podgorica | <0.1% | 1,198€ | -96.1% | -12,698€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 548€ |
| 278 | B&J Electric03531279 · Herceg Novi | <0.1% | 1,150€ | -88.8% | -15,242€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 677€ |
| 279 | Ant Group03660915 · Podgorica | <0.1% | 793€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,223€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 280 | Electra E.D.03723704 · Tuzi | <0.1% | 500€ | No filing for 2024. | -15,114€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 281 | Arkhe03400328 · Budva | <0.1% | 400€ | -90.7% | -10,949€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 282 | Tering - Tehnička Rješenja i Inženjering03611604 · Podgorica | <0.1% | 250€ | -97.6% | -12,889€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 611€ |
| 283 | Instavolt03804615 · Ulcinj | <0.1% | 120€ | No filing for 2024. | -742€ | -618.3% | 1 | — |
| 284 | Frigo Elektro Bošković03709035 · Bijelo Polje | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 285 | Vjetroelektrana Budva02898136 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -230,726€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 13,162€ |
| 286 | Abb Energy02905523 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,000€ | — | 1 | 667€ |
| 287 | BT Technic & Engineering03690679 | 0.0% | 0€ | No filing for 2024. | -8,899€ | — | 1 | 737€ |
| 288 | D2 Electric02991446 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,449€ | — | 1 | 675€ |
| 289 | Abm Smart Systems03609880 · Kotor | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 290 | Afse Group03647684 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 291 | Aysun Co03592413 · Podgorica | 0.0% | 0€ | No filing for 2024. | -9,497€ | — | 1 | 770€ |
| 292 | Bino CG03796469 · Podgorica | 0.0% | 0€ | No filing for 2024. | -398€ | — | 1 | — |
| 293 | BMG Global03771750 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,384€ | — | 0 | — |
| 294 | Elldecor M03802345 · Podgorica | 0.0% | 0€ | No filing for 2024. | -927€ | — | 1 | — |
| 295 | Energetika Mne03802736 · Nikšić | 0.0% | 0€ | No filing for 2024. | -744€ | — | 1 | — |
| 296 | Energyplus Experts03805620 · Cetinje | 0.0% | 0€ | No filing for 2024. | -147€ | — | 1 | — |
| 297 | Hde03785149 · Tivat | 0.0% | 0€ | No filing for 2024. | -1,180€ | — | 0 | — |
| 298 | Lumo03810585 · Cetinje | 0.0% | 0€ | No filing for 2024. | -66€ | — | 0 | — |
| 299 | Lux Inženjering03808173 · Podgorica | 0.0% | 0€ | No filing for 2024. | -338€ | — | 1 | — |
| 300 | Elektro RS03802914 · Bar | 0.0% | 0€ | No filing for 2024. | -861€ | — | 1 | — |