Energy, water & waste companies in Montenegro ranked by revenue 2018. This 2018 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria.
Archived list for 2018, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | Share | |||
|---|---|---|---|---|---|---|
| 12017: rank 1 | Elektroprivreda Crne Gore Energy, water & waste · Nikšić | 02002230Income statement (PDF) | 303,855,914€ | +21.5% | 990 | 52.1% |
| 22017: rank 2 | Crnogorski Elektrodistributivni Sistem Energy, water & waste · Podgorica | 03099873Income statement (PDF) | 96,206,283€ | +3.1% | 1,341 | 16.5% |
| 32017: rank 3 | Crnogorski Elektroprenosni Sistem Energy, water & waste · Podgorica | 02751372Income statement (PDF) | 33,747,483€ | +0.3% | 312 | 5.8% |
| 42017: rank 18 | Krnovo Green Energy Energy, water & waste · Nikšić | 02713527Income statement (PDF) | 15,532,219€ | +326.0% | 1 | 2.7% |
| 52017: rank 4 | Vodovod i Kanalizacija Energy, water & waste · Podgorica | 02015641Income statement (PDF) | 13,281,502€ | -1.3% | 604 | 2.3% |
| 62017: rank 6 | Simes Inženjering Energy, water & waste · Podgorica | 02319977Income statement (PDF) | 8,937,063€ | +19.6% | 39 | 1.5% |
| 72017: rank 7 | Regionalni Vodovod Crnogorsko Primorje Energy, water & waste · Budva | 02090198Income statement (PDF) | 7,670,583€ | +6.8% | 59 | 1.3% |
| 82017: rank 5 | Vodovod i Kanalizacija Energy, water & waste · Budva | 02005573Income statement (PDF) | 7,312,198€ | -14.0% | 243 | 1.3% |
| 92017: rank 8 | Čistoća Energy, water & waste · Podgorica | 02407493Income statement (PDF) | 6,503,906€ | -0.4% | 481 | 1.1% |
| 102017: rank 9 | Komunalno Energy, water & waste · Budva | 02005719Income statement (PDF) | 5,280,495€ | +3.5% | 179 | 0.9% |
| 112017: rank 10 | Vodovod i Kanalizacija Energy, water & waste · Bar | 02054779Income statement (PDF) | 4,891,776€ | -3.9% | 159 | 0.8% |
| 122017: rank 14 | Vodovod i Kanalizacija Energy, water & waste · Herceg Novi | 02293196Income statement (PDF) | 4,661,313€ | +8.7% | 147 | 0.8% |
| 132017: rank 11 | Vodovod i Kanalizacija Energy, water & waste · Nikšić | 02033143Income statement (PDF) | 4,656,548€ | +2.2% | 142 | 0.8% |
| 142017: rank 13 | Komunalne Djelatnosti Energy, water & waste · Bar | 02002752Income statement (PDF) | 4,573,641€ | +3.3% | 264 | 0.8% |
| 152017: rank 15 | Deponija Energy, water & waste · Podgorica | 02653907Income statement (PDF) | 4,161,650€ | +1.5% | 165 | 0.7% |
| 162017: rank 19 | Ve-Ro Recycling Energy, water & waste · Podgorica | 03022404Income statement (PDF) | 4,079,757€ | +13.6% | 1 | 0.7% |
| 172017: rank 16 | Vodovod i Kanalizacija Kotor Energy, water & waste · Kotor | 02013312Income statement (PDF) | 4,046,378€ | +0.2% | 81 | 0.7% |
| 182017: rank 17 | Komunalno Kotor Energy, water & waste · Kotor | 02013274Income statement (PDF) | 3,718,670€ | +1.9% | 156 | 0.6% |
| 192017: rank 12 | Kosanović Energy, water & waste · Nikšić | 02718812Income statement (PDF) | 3,671,950€ | -17.5% | 11 | 0.6% |
| 202017: rank 24 | Hidroenergija Montenegro Energy, water & waste · Berane | 02665956Income statement (PDF) | 3,135,965€ | +33.4% | 6 | 0.5% |
| 212017: rank 21 | Vodovod i Kanalizacija Energy, water & waste · Tivat | 02295407Income statement (PDF) | 3,076,028€ | +14.5% | 56 | 0.5% |
| 222017: rank 22 | Komunalno Energy, water & waste · Nikšić | 02000857Income statement (PDF) | 2,722,958€ | +2.3% | 162 | 0.5% |
| 232017: rank 27 | Čistoća Energy, water & waste · Herceg Novi | 02293200Income statement (PDF) | 2,670,759€ | +18.4% | 138 | 0.5% |
| 242017: rank 25 | Komunalno Energy, water & waste · Tivat | 02295440Income statement (PDF) | 2,590,674€ | +11.1% | 106 | 0.4% |
| 252017: rank 26 | Komunalne Djelatnosti Energy, water & waste · Ulcinj | 02877538Income statement (PDF) | 2,490,039€ | +7.7% | 154 | 0.4% |
| 262017: rank 23 | Vodovod i Kanalizacija Energy, water & waste · Ulcinj | 02877449Income statement (PDF) | 2,443,895€ | -1.8% | 126 | 0.4% |
| 272017: rank 42 | Kronor Energy, water & waste · Podgorica | 02737752Income statement (PDF) | 2,409,131€ | +173.1% | 20 | 0.4% |
| 282017: rank 30 | Energogas Energy, water & waste · Podgorica | 02364735Income statement (PDF) | 2,321,725€ | +31.3% | 41 | 0.4% |
| 292017: rank 28 | Komunalno - Lim Energy, water & waste · Bijelo Polje | 02004003Income statement (PDF) | 2,225,247€ | +6.9% | 146 | 0.4% |
| 302017: rank 29 | Čistoća Energy, water & waste · Pljevlja | 02731657Income statement (PDF) | 1,965,823€ | +7.6% | 186 | 0.3% |
| 312017: rank 31 | Vodovod i Kanalizacija-Cetinje Energy, water & waste · Cetinje | 02029928Income statement (PDF) | 1,761,495€ | +2.9% | 65 | 0.3% |
| 322017: rank 34 | PM Power Energy, water & waste · Tivat | 02790203Income statement (PDF) | 1,620,385€ | +27.8% | 4 | 0.3% |
| 332017: rank 83 | Centar za Reciklažu Energy, water & waste · Nikšić | 02635879Income statement (PDF) | 1,605,510€ | +3,408.1% | 12 | 0.3% |
| 342017: rank 20 | Inter Trejd Energy, water & waste · Podgorica | 03001067Income statement (PDF) | 1,462,260€ | -46.8% | 3 | 0.3% |
| 352017: rank 33 | Vodovod Energy, water & waste · Pljevlja | 02343762Income statement (PDF) | 1,436,729€ | -1.5% | 125 | 0.2% |
| 362017: rank 39 | Hemosan Energy, water & waste · Bar | 02160102Income statement (PDF) | 1,432,578€ | +36.9% | 25 | 0.2% |
| 372017: rank 32 | Vodovod i Kanalizacija Energy, water & waste · Danilovgrad | 02877864Income statement (PDF) | 1,403,112€ | -4.6% | 69 | 0.2% |
| 382017: rank 38 | Komunalno Energy, water & waste · Cetinje | 02004887Income statement (PDF) | 1,395,153€ | +19.5% | 77 | 0.2% |
| 392017: rank 37 | Možura Energy, water & waste · Bar | 02736381Income statement (PDF) | 1,266,831€ | +8.3% | 20 | 0.2% |
| 402017: rank 35 | PD-33 Energy, water & waste · Podgorica | 03078884Income statement (PDF) | 1,169,698€ | -3.0% | 4 | 0.2% |
| 412017: rank 40 | Komunalno Energy, water & waste · Berane | 02361825Income statement (PDF) | 1,084,601€ | +15.7% | 145 | 0.2% |
| 422017: rank 36 | Bistrica Energy, water & waste · Bijelo Polje | 02004011Income statement (PDF) | 938,190€ | -20.8% | 72 | 0.2% |
| 432017: rank 170 | Valgo Energy, water & waste · Podgorica | 03139263Income statement (PDF) | 860,239€ | No meaningful percentage: the 2017 or current value is zero, negative, unknown or unreliable. | 1 | 0.1% |
| 442017: rank 58 | Igma Energy Energy, water & waste · Andrijevica | 02992612Income statement (PDF) | 842,743€ | +145.8% | 6 | 0.1% |
| 452017: rank 154 | Hydro Bistrica Energy, water & waste · Podgorica | 02998513Income statement (PDF) | 832,528€ | No meaningful percentage: the 2017 or current value is zero, negative, unknown or unreliable. | 8 | 0.1% |
| 462017: rank 48 | MM System Energy, water & waste · Nikšić | 02904519Income statement (PDF) | 804,538€ | +28.2% | 3 | 0.1% |
| 472017: rank 45 | Komunalno Energy, water & waste · Rožaje | 02776138Income statement (PDF) | 739,779€ | +5.3% | 79 | 0.1% |
| 482017: rank 43 | Ekomedika Energy, water & waste · Podgorica | 02777762Income statement (PDF) | 737,463€ | -14.3% | 10 | 0.1% |
| 492017: rank 44 | Komunalno Energy, water & waste · Danilovgrad | 02875985Income statement (PDF) | 735,267€ | -8.8% | — | 0.1% |
| 502017: rank 98 | Metfer Energy, water & waste · Podgorica | 03155196Income statement (PDF) | 723,840€ | +11,964.0% | 4 | 0.1% |
Showing 1–50 · top 50 of 178 companies
This ranking contains 50 records for 2018, ordered by revenue after applying data-quality eligibility rules.
The leading record is ELEKTROPRIVREDA CRNE GORE AD-NIKŠIĆ; placement is determined by revenue, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology