Revenue
11.6% of Montenegro's revenue
4,334 companies earned 2.05b€ in 2025, 11.6% of all company revenue in Montenegro. It ranks 2 of 18 sectors by revenue. Revenue has grown 3.0× since 2015.
11.6% of Montenegro's revenue
2,341 with at most one employee
Largest employer: Željeznička Infrastruktura Crne Gore (811)
Total profit: 163.65m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 677,439,325€ | 1,641 |
| 2016 | 905,260,212€ | 1,760 |
| 2017 | 1,196,306,945€ | 1,945 |
| 2018 | 1,342,766,653€ | 2,268 |
| 2019 | 1,390,789,883€ | 2,537 |
| 2020 | 1,081,359,540€ | 2,816 |
| 2021 | 997,933,633€ | 3,037 |
| 2022 | 1,192,418,157€ | 3,322 |
| 2023 | 1,368,713,477€ | 3,726 |
| 2024 | 1,600,039,161€ | 4,110 |
| 2025 (Preliminary) | 2,053,113,034€ | 4,334 |
Growth is measured on the same companies, which filed for both years.
Share of the sector's revenue
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 951–1000 of 4,334
* 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 30 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 951 | Starlight03091546 · Podgorica | <0.1% | 196,449€ | -15.2% | 2,239€ | 1.1% | 7 | 960€ |
| 952 | Dream Team Lepi03339017 · Bijelo Polje | <0.1% | 196,357€ | +138.8% | 624€ | 0.3% | 2 | 675€ |
| 953 | Panorama Tivat02894882 · Podgorica | <0.1% | 195,289€ | -93.9% | -60,797€ | -31.1% | 1 | 383€ |
| 954 | Radnik-Invest02291738 · Bijelo Polje | <0.1% | 194,222€ | +60.3% | -22,364€ | -11.5% | 6 | 983€ |
| 955 | Krismar Uno Montenegro03683036 · Bijelo Polje | <0.1% | 193,849€ | +814.9% | -64,616€ | -33.3% | 10 | 684€ |
| 956 | Svjetlost-Kabal02869381 · Nikšić | <0.1% | 193,746€ | +23.5% | 1,010€ | 0.5% | 3 | 910€ |
| 957 | LN Vision03529398 · Kolašin | <0.1% | 193,640€ | +50.9% | 108,445€ | 56.0% | 2 | 538€ |
| 958 | Carpetland02724286 · Podgorica | <0.1% | 192,350€ | -49.5% | 37,770€ | 19.6% | 1 | 949€ |
| 959 | Redžić Company03590801 · Rožaje | <0.1% | 191,925€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 140,416€ | 73.2% | 1 | — |
| 960 | Toskee03595501 · Gusinje | <0.1% | 191,738€ | -34.5% | -2,457€ | -1.3% | 2 | 974€ |
| 961 | Av Sistem03150291 · Podgorica | <0.1% | 191,602€ | +25.1% | 7,599€ | 4.0% | 6 | 1,063€ |
| 962 | Optima Forma03218074 · Bijelo Polje | <0.1% | 190,589€ | +34.9% | -3,464€ | -1.8% | 7 | 827€ |
| 963 | Art Gradnja Tri Construction03351181 · Bar | <0.1% | 190,154€ | +12.9% | -19,384€ | -10.2% | 5 | 790€ |
| 964 | Em - Stroy02817659 · Bar | <0.1% | 190,039€ | +1.5% | -32,276€ | -17.0% | 11 | 697€ |
| 965 | Montelgroup02776618 · Bar | <0.1% | 189,877€ | -15.7% | 4,507€ | 2.4% | 6 | 616€ |
| 966 | Cuca Mont03180611 · Danilovgrad | <0.1% | 189,120€ | -15.0% | 11,657€ | 6.2% | 1 | 928€ |
| 967 | Don Invesment03027902 · Budva | <0.1% | 188,303€ | +1.3% | 48,068€ | 25.5% | 0 | — |
| 968 | Boter Co02923572 · Kolašin | <0.1% | 187,830€ | +19.6% | 47,199€ | 25.1% | 3 | 962€ |
| 969 | Nestorović Gradnja03312909 · Budva | <0.1% | 187,455€ | +13.5% | -21,236€ | -11.3% | 14 | 769€ |
| 970 | Kalina Company03540570 · Nikšić | <0.1% | 186,700€ | +557.1% | -74,358€ | -39.8% | 5 | 1,314€ |
| 971 | Sagram03659135 · Nikšić | <0.1% | 185,540€ | +105.2% | 26,683€ | 14.4% | 1 | 3,213€ |
| 972 | Konstrukt Mne03631150 · Podgorica | <0.1% | 185,517€ | +43.7% | 20,291€ | 10.9% | 3 | 1,786€ |
| 973 | Come Hear03136086 · Budva | <0.1% | 185,397€ | -79.3% | 1,042€ | 0.6% | 4 | 936€ |
| 974 | Tali02398958 · Podgorica | <0.1% | 185,223€ | -29.5% | 1,582€ | 0.9% | 4 | 1,132€ |
| 975 | Račić Group03374050 · Podgorica | <0.1% | 184,869€ | -3.7% | -16,597€ | -9.0% | 5 | 908€ |
| 976 | P&I Mont03374149 · Zeta | <0.1% | 184,527€ | -18.7% | -91,260€ | -49.5% | 2 | 924€ |
| 977 | MNK-Janković03283585 · Kolašin | <0.1% | 183,522€ | -15.9% | 441€ | 0.2% | 4 | 771€ |
| 978 | Hot Company02396106 · Rožaje | <0.1% | 183,048€ | +98.2% | 12,470€ | 6.8% | 6 | 1,305€ |
| 979 | J.M. Company03079678 · Tivat | <0.1% | 182,945€ | +15.9% | 33,476€ | 18.3% | 5 | 663€ |
| 980 | Meddis Group02651688 · Bar | <0.1% | 182,905€ | +1,443.1% | 33,742€ | 18.4% | 8 | 681€ |
| 981 | Veneziano Colori03283496 · Budva | <0.1% | 182,663€ | +304.3% | -23,866€ | -13.1% | 4 | 1,206€ |
| 982 | GG Master03601013 · Podgorica | <0.1% | 181,841€ | +24.1% | 2,465€ | 1.4% | 3 | 951€ |
| 983 | Complex Construction Objects03735664 · Bijelo Polje | <0.1% | 181,802€ | No filing for 2024. | -54,992€ | -30.2% | 8 | 1,313€ |
| 984 | Nort Gate Montenegro03748111 · Pljevlja | <0.1% | 181,745€ | No filing for 2024. | -7,007€ | -3.9% | 1 | 762€ |
| 985 | M & M Building03238016 · Tivat | <0.1% | 181,481€ | +12.6% | 74,742€ | 41.2% | 3 | 1,213€ |
| 986 | Hidro Polje MS03274802 · Bar | <0.1% | 180,690€ | +2.2% | 12,019€ | 6.7% | 8 | 920€ |
| 987 | Metal Gas03302695 · Podgorica | <0.1% | 180,661€ | +150.2% | 48,171€ | 26.7% | 2 | 851€ |
| 988 | S&N Invest03183700 · Podgorica | <0.1% | 180,216€ | -11.2% | 36,852€ | 20.4% | 3 | 716€ |
| 989 | MCG Montenegro02749998 · Budva | <0.1% | 180,053€ | -73.9% | 98,129€ | 54.5% | 1 | 703€ |
| 990 | Rafaelo 201903252485 · Podgorica | <0.1% | 179,760€ | +264.2% | -293,220€ | -163.1% | 22 | 806€ |
| 991 | NP02984270 · Podgorica | <0.1% | 178,910€ | +123.8% | 31,034€ | 17.3% | 2 | 795€ |
| 992 | Aqua B02731401 · Podgorica | <0.1% | 178,661€ | +63.4% | -19,177€ | -10.7% | 2 | 707€ |
| 993 | Azzala03151182 · Podgorica | <0.1% | 178,569€ | -17.2% | 1,344€ | 0.8% | 4 | 1,229€ |
| 994 | Dream Lights03662683 · Podgorica | <0.1% | 177,969€ | +92.3% | 5,482€ | 3.1% | 3 | 963€ |
| 995 | MR Glass03277283 · Budva | <0.1% | 177,947€ | +81.0% | 17,127€ | 9.6% | 2 | 799€ |
| 996 | D&D Đorđević03239578 · Podgorica | <0.1% | 177,924€ | -14.5% | 1,275€ | 0.7% | 4 | — |
| 997 | Mak - Grup02903458 · Nikšić | <0.1% | 176,767€ | +53.0% | 70€ | 0.0% | 1 | 788€ |
| 998 | Klime Paljušević03745210 · Podgorica | <0.1% | 176,585€ | No filing for 2024. | 12,894€ | 7.3% | 1 | — |
| 999 | Sistem Inženjering03656454 · Podgorica | <0.1% | 176,522€ | +3.2% | 4,003€ | 2.3% | 1 | 917€ |
| 1000 | T & M Commerce03037789 · Budva | <0.1% | 176,353€ | +74.5% | -52,413€ | -29.7% | 3 | 670€ |