Revenue
448.68m€+80% since 2015
48.1% of sector revenue
Production of electricity
128 companies earned 448.68m€ in 2025, 48.1% of Energy, water & waste sector revenue. Revenue has grown 1.8× since 2015.
Code 3511Energy, water & waste
Year
Overview
Companies
128+79 since 2015
94 with at most one employee
Employees
1,480-39% since 2015
Largest employer: Elektroprivreda Crne Gore (1,170)
Profit margin
—
Not shown: one company carries more than half of the profit or loss
Payroll cost/emp./mo*
1,916€26% above sector
Average per employee, not per company
This activity 1,916€Sector: 1,516€
Revenue and companies since 2015
FinalPreliminary
Revenue in € million (bars) and filing companies (below), 2015–2025
Who is growing and hiring
Fastest growing
Revenue change vs 2024, companies with at least 1m€ that year
- Hidroenergija Montenegro2.61m€ → 4.32m€+65.8%
- Kronor2.04m€ → 2.62m€+28.8%
- Zeta Energy2.35m€ → 2.45m€+4.2%
All companies (128)
Ranked by total revenue · Showing 1–50 of 128
* 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 →
Not shown: one company carries more than half of the profit or loss. The aggregate margin is not shown when fewer than 5 companies have one, or when one company carries more than half of the summed profit and loss; use the median margin and the profitable share instead. Profits that cannot be reconciled with revenue and payroll are left out.
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.
Source: Tax Administration / CRPSCurrency: EUR