Revenue
55.0% of Montenegro's revenue
12,148 companies earned 9.71b€ in 2025, 55.0% of all company revenue in Montenegro. It ranks 1 of 25 municipalities by revenue. Revenue has grown 2.7× since 2015.
55.0% of Montenegro's revenue
67.7 per 1,000 residents · Montenegro 57.3
Largest employer: Idea - CG (2,426)
Total profit: 748.64m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 3,587,068,765€ | 5,044 |
| 2016 | 4,096,949,470€ | 5,487 |
| 2017 | 4,709,755,484€ | 6,109 |
| 2018 | 5,118,600,583€ | 6,927 |
| 2019 | 5,323,922,814€ | 7,518 |
| 2020 | 4,709,522,069€ | 8,027 |
| 2021 | 5,608,587,707€ | 8,567 |
| 2022 | 6,799,397,294€ | 9,638 |
| 2023 | 8,203,771,212€ | 11,057 |
| 2024 | 8,801,908,063€ | 11,952 |
| 2025 (Preliminary) | 9,708,565,989€ | 12,148 |
Companies are assigned to the municipality of their current seat for every year
Growth is measured on the same companies, which filed for both years.
Share of municipal revenue
Share in MontenegroRevenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 51–100 of 118
* 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 →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 51 | MWP03538486 · Energy, water & waste | <0.1% | 1,075€ | -93.2% | -198,077€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,216€ |
| 52 | Mirent03798496 · Energy, water & waste | <0.1% | 480€ | No filing for 2024. | -1,629€ | -339.4% | 0 | — |
| 53 | Vjetro Park Korita03479862 · Energy, water & waste | <0.1% | 211€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -40,474€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,318€ |
| 54 | Green Solutions02944464 · Energy, water & waste | <0.1% | 13€ | +1,200.0% | -20,536€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,257€ |
| 55 | N103454240 · Energy, water & waste | <0.1% | 8€ | -100.0% | -558,033€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 2,080€ |
| 56 | Koljeno Solar03728668 · Energy, water & waste | <0.1% | 2€ | No filing for 2024. | -49,751€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 624€ |
| 57 | Unipan Green03478106 · Energy, water & waste | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,932€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 58 | Agenos Energy03490190 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -134,780€ | — | 1 | 6,013€ |
| 59 | BP Hydropower03099903 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,529€ | — | 1 | 454€ |
| 60 | Beri Solar03589595 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,162€ | — | 1 | — |
| 61 | Bio Gas Project Management03107833 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,152€ | — | 1 | 346€ |
| 62 | BSP Investment Montenegro03490866 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,396€ | — | 1 | — |
| 63 | C&S Energy03136647 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -424,570€ | — | 1 | 645€ |
| 64 | Solar03710467 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,950€ | — | 1 | — |
| 65 | Dekar Hidro02811502 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,944€ | — | 1 | 406€ |
| 66 | Ee Tupan03640337 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -25,050€ | — | 1 | — |
| 67 | Electron Holding Montenegro03519660 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,603€ | — | 1 | 925€ |
| 68 | Energija Vjetra03564096 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 69 | Hydro Energy02807220 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,524€ | — | 1 | 370€ |
| 70 | MB Solar03710475 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,556€ | — | 1 | — |
| 71 | MN Power03021530 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,197€ | — | 1 | 929€ |
| 72 | PD Solar03737110 · Energy, water & waste | 0.0% | 0€ | No filing for 2024. | -3,148€ | — | 1 | — |
| 73 | Porto Energy03606082 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,786€ | — | 1 | — |
| 74 | Pugachev&Ko03533689 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,940€ | — | 1 | 678€ |
| 75 | Qair Briska Gora03450562 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,047€ | — | 1 | 316€ |
| 76 | Qair Rudine03607011 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,619€ | — | 1 | 393€ |
| 77 | Quattro Solari Iii03644553 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -60€ | — | 1 | — |
| 78 | Quattro Solari i03644588 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -200€ | — | 1 | — |
| 79 | Quattro Solari Iv03644570 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -240€ | — | 1 | — |
| 80 | Se Velestovo03809145 · Energy, water & waste | 0.0% | 0€ | No filing for 2024. | -26€ | — | 1 | — |
| 81 | Solar City03453782 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,243€ | — | 2 | 593€ |
| 82 | Solar Power03325962 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -101,681€ | — | 1 | 4,003€ |
| 83 | Soluno03704637 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,544€ | — | — | — |
| 84 | Somsol03470911 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,058€ | — | 1 | — |
| 85 | Streamenergo03479935 · Energy, water & waste | 0.0% | 0€ | -100.0% | -16,957€ | — | 2 | 617€ |
| 86 | Sun Horizon03457109 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -67,152€ | — | 1 | 539€ |
| 87 | Sunray03471292 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,695€ | — | 1 | 1,802€ |
| 88 | Terra Solar03581659 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,137€ | — | 1 | — |
| 89 | TM Energy03322424 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,015€ | — | 1 | 1,299€ |
| 90 | Twinfin Tesla03159256 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,209€ | — | 1 | — |
| 91 | Valgo Montenegro03236862 · Energy, water & waste | 0.0% | 0€ | -100.0% | -21,084€ | — | 1 | 1,199€ |
| 92 | Res Adria Group03367738 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,541€ | — | 1 | 595€ |
| 93 | Res Montenegro Group03389251 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,496€ | — | 1 | 337€ |
| 94 | Fontis Sol03086526 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 95 | Bistrica Clean Energy03154491 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,241€ | — | 1 | 430€ |
| 96 | Lima Energy03117308 · Energy, water & waste | 0.0% | 0€ | -100.0% | -16,063€ | — | 1 | 678€ |
| 97 | PSTM Mne03804917 · Energy, water & waste | 0.0% | 0€ | No filing for 2024. | -746€ | — | 1 | — |
| 98 | Troy Company03182711 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,063€ | — | 1 | 922€ |
| 99 | Energy 203531333 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,524€ | — | 1 | 1,728€ |
| 100 | Enq Montenegro03686272 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |