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 1101–1150 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* |
|---|
| 1101 | Sobstvena Energija03440443 · Bar | <0.1% | 148,429€ | +1,712.3% | 30,463€ | 20.5% | 1 | 679€ |
| 1102 | Golden Pearl02690454 · Tivat | <0.1% | 148,145€ | +58.9% | -827,718€ | -558.7% | 2 | 739€ |
| 1103 | Arhes03456030 · Bar | <0.1% | 147,562€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 65,510€ | 44.4% | 6 | 605€ |
| 1104 | Inovative02661594 · Podgorica | <0.1% | 147,250€ | +7,999.6% | 137,359€ | 93.3% | 1 | 678€ |
| 1105 | Status Stroy Group03163377 · Budva | <0.1% | 147,065€ | -97.2% | -52,025€ | -35.4% | 3 | 374€ |
| 1106 | Elran03672093 · Podgorica | <0.1% | 146,846€ | +189.5% | 12,317€ | 8.4% | 1 | 2,453€ |
| 1107 | Savović02731606 · Podgorica | <0.1% | 146,599€ | +7.9% | 7,871€ | 5.4% | 4 | 642€ |
| 1108 | Nipo VS03335402 · Pljevlja | <0.1% | 146,252€ | +63.9% | 5,784€ | 4.0% | 3 | 717€ |
| 1109 | Leka Trans02628694 · Ulcinj | <0.1% | 146,157€ | -22.8% | 19,827€ | 13.6% | 3 | 534€ |
| 1110 | Nord Group03404226 · Podgorica | <0.1% | 146,156€ | +37.4% | 22,001€ | 15.1% | 2 | 1,914€ |
| 1111 | Ahmed Mur03250008 · Kotor | <0.1% | 146,101€ | +4,147.1% | 60,260€ | 41.2% | 5 | 719€ |
| 1112 | Prostor-Projekt02796015 · Podgorica | <0.1% | 146,099€ | +172.0% | 77,396€ | 53.0% | 3 | 751€ |
| 1113 | Rašović Cop03413799 · Podgorica | <0.1% | 145,777€ | +296.2% | 14,914€ | 10.2% | 1 | 678€ |
| 1114 | Sita03231569 · Budva | <0.1% | 145,607€ | +107.1% | 11,637€ | 8.0% | 6 | 1,239€ |
| 1115 | Rovčanin Elektro03179346 · Danilovgrad | <0.1% | 145,331€ | -31.9% | 8,107€ | 5.6% | 5 | 878€ |
| 1116 | Dil Commerce02439107 · Podgorica | <0.1% | 144,985€ | +78.6% | -23,193€ | -16.0% | 4 | 883€ |
| 1117 | SP - Elektromax02732785 · Bar | <0.1% | 144,956€ | -6.1% | -7,049€ | -4.9% | 3 | 1,010€ |
| 1118 | Bačić Company02907968 · Tivat | <0.1% | 144,871€ | +52.1% | 23,413€ | 16.2% | 2 | 677€ |
| 1119 | Profidekor03235769 · Bijelo Polje | <0.1% | 144,816€ | -39.0% | 4,914€ | 3.4% | 6 | 645€ |
| 1120 | Eling CG02831538 · Tivat | <0.1% | 144,603€ | +10.6% | 1,726€ | 1.2% | 2 | 904€ |
| 1121 | Vučković Company03387682 · Herceg Novi | <0.1% | 143,970€ | +51.5% | -2,818€ | -2.0% | 7 | 899€ |
| 1122 | 3M - Elektro02916231 · Nikšić | <0.1% | 143,622€ | +56.6% | 7,391€ | 5.1% | 6 | 1,797€ |
| 1123 | Avdić Gradnja03074862 · Bar | <0.1% | 143,586€ | +163.8% | -51,535€ | -35.9% | 12 | 638€ |
| 1124 | Elektro RN03708241 · Podgorica | <0.1% | 143,562€ | +2,216.3% | -7,453€ | -5.2% | 1 | 678€ |
| 1125 | Progres Mont Radulović03050017 · Podgorica | <0.1% | 143,459€ | -27.3% | -69€ | -0.0% | 2 | 340€ |
| 1126 | Prime03028135 · Podgorica | <0.1% | 143,456€ | -49.4% | 11,445€ | 8.0% | 2 | 703€ |
| 1127 | Kajser Gradnja03349608 · Bar | <0.1% | 143,365€ | +3.4% | -14,802€ | -10.3% | 8 | 988€ |
| 1128 | Lončar Company02722763 · Danilovgrad | <0.1% | 143,344€ | -4.2% | -9,830€ | -6.9% | 3 | 476€ |
| 1129 | Monteflower02646137 · Budva | <0.1% | 142,601€ | -19.0% | -11,081€ | -7.8% | 1 | 1,170€ |
| 1130 | Rastoder PVC i Al03631893 · Tuzi | <0.1% | 142,441€ | +178.6% | -32,534€ | -22.8% | 2 | 1,387€ |
| 1131 | Tehno Tours02446022 · Tivat | <0.1% | 142,282€ | -78.9% | 23,931€ | 16.8% | 3 | 745€ |
| 1132 | RGB Elektro Solution03640213 · Nikšić | <0.1% | 142,148€ | +137.1% | 24,603€ | 17.3% | 7 | 672€ |
| 1133 | M -Bro Group03338240 · Bijelo Polje | <0.1% | 141,856€ | +6.3% | 3,359€ | 2.4% | 7 | 688€ |
| 1134 | El Žile02843463 · Podgorica | <0.1% | 141,787€ | -11.8% | 2,164€ | 1.5% | 6 | 988€ |
| 1135 | Izol Group03731189 · Herceg Novi | <0.1% | 141,618€ | No filing for 2024. | -10,628€ | -7.5% | 3 | 2,755€ |
| 1136 | Erand Gradnja Mne03732177 · Budva | <0.1% | 141,393€ | No filing for 2024. | 25,933€ | 18.3% | 3 | 677€ |
| 1137 | B.H.Bauunternehmungs02817888 · Bar | <0.1% | 140,923€ | +186.5% | -35,514€ | -25.2% | 2 | 502€ |
| 1138 | Bogi Mont03311163 · Nikšić | <0.1% | 140,736€ | +700.5% | 46,807€ | 33.3% | 3 | 949€ |
| 1139 | Flatiron Construction03739210 | <0.1% | 140,271€ | No filing for 2024. | 22,421€ | 16.0% | 2 | 1,556€ |
| 1140 | Remenat02261804 · Podgorica | <0.1% | 139,840€ | -15.3% | 358€ | 0.3% | 4 | 585€ |
| 1141 | Ensar Constrution Solutions03647803 · Bar | <0.1% | 139,665€ | -18.8% | 119€ | 0.1% | 9 | — |
| 1142 | VV016 Gradnja03790495 · Bijelo Polje | <0.1% | 139,219€ | No filing for 2024. | 137,849€ | 99.0% | 0 | — |
| 1143 | Denim-Projekt02694182 · Berane | <0.1% | 139,075€ | +24.8% | 25,045€ | 18.0% | 4 | 866€ |
| 1144 | Nikić Elektro02683253 · Ulcinj | <0.1% | 138,814€ | +45.1% | 11,780€ | 8.5% | 3 | 574€ |
| 1145 | VD Univerzal03674703 · Bar | <0.1% | 138,663€ | +437.6% | -40,917€ | -29.5% | 4 | 715€ |
| 1146 | Dobra Gradnja03395847 · Podgorica | <0.1% | 138,539€ | -92.2% | -23,465€ | -16.9% | 3 | 597€ |
| 1147 | Luxury Homes Construction03605892 · Ulcinj | <0.1% | 138,316€ | -50.5% | 1,724€ | 1.2% | 2 | 691€ |
| 1148 | Hidromol Drill03205657 · Podgorica | <0.1% | 138,147€ | +13.5% | 7,622€ | 5.5% | 2 | 768€ |
| 1149 | Comfort Tech03426432 · Bar | <0.1% | 138,050€ | +113.4% | -18,830€ | -13.6% | 2 | 543€ |
| 1150 | Persisto03726983 · Podgorica | <0.1% | 137,490€ | No filing for 2024. | 10,580€ | 7.7% | 3 | 922€ |