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 1251–1300 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* |
|---|
| 1251 | Ac/DC Solutions03455530 · Podgorica | <0.1% | 119,131€ | +33.4% | 5,995€ | 5.0% | 2 | 825€ |
| 1252 | Role Inženjering Ii03031713 · Herceg Novi | <0.1% | 119,111€ | -12.5% | 45€ | 0.0% | 9 | 1,085€ |
| 1253 | Sajns03139948 · Tivat | <0.1% | 118,340€ | -5.8% | -2,114€ | -1.8% | 5 | — |
| 1254 | Čelebić Engineering03216578 · Podgorica | <0.1% | 118,295€ | +10.3% | -7,090€ | -6.0% | 2 | 1,036€ |
| 1255 | Gera02229269 · Tivat | <0.1% | 118,180€ | -3.2% | 3,927€ | 3.3% | 3 | 1,113€ |
| 1256 | Dragovic MK - Gradnja03395189 · Berane | <0.1% | 117,867€ | +43.6% | -11,603€ | -9.8% | 4 | 2,039€ |
| 1257 | Mrke-Commerc02191920 · Podgorica | <0.1% | 117,862€ | +85.9% | 5,097€ | 4.3% | 3 | 565€ |
| 1258 | Lale Company03283054 · Budva | <0.1% | 117,855€ | No filing for 2024. | 29,434€ | 25.0% | 2 | — |
| 1259 | Vozol Gradnja03695344 · Herceg Novi | <0.1% | 117,370€ | +1,367.1% | -13,256€ | -11.3% | 3 | 574€ |
| 1260 | Lilex03095266 · Podgorica | <0.1% | 117,176€ | +9.9% | 42,601€ | 36.4% | 1 | 677€ |
| 1261 | LSN-Sistem03670961 · Nikšić | <0.1% | 116,829€ | +111.6% | 892€ | 0.8% | 3 | 1,269€ |
| 1262 | David Gradnja 202403697355 · Berane | <0.1% | 116,702€ | +298.6% | 7,404€ | 6.3% | 5 | 1,192€ |
| 1263 | Citadela Mne03430227 · Herceg Novi | <0.1% | 116,700€ | +35,697.5% | 45,189€ | 38.7% | 1 | 923€ |
| 1264 | Izopox03248712 · Podgorica | <0.1% | 116,616€ | -22.5% | -10,509€ | -9.0% | 2 | 679€ |
| 1265 | N&M Caković03232581 · Danilovgrad | <0.1% | 116,465€ | -18.9% | 5,243€ | 4.5% | 2 | 657€ |
| 1266 | Elektrouniverzal Team03658007 · Berane | <0.1% | 116,102€ | +233.8% | 41,043€ | 35.4% | 3 | 1,335€ |
| 1267 | Novi MBV Sistemi03468640 · Podgorica | <0.1% | 116,014€ | +49.2% | 28,302€ | 24.4% | 1 | 3,858€ |
| 1268 | Rovcanin Mont03749266 · Bijelo Polje | <0.1% | 115,971€ | No filing for 2024. | 1,240€ | 1.1% | 4 | 1,926€ |
| 1269 | Tomašević02736187 · Danilovgrad | <0.1% | 115,278€ | -35.0% | 2,978€ | 2.6% | 4 | 704€ |
| 1270 | 5i Element03376648 · Podgorica | <0.1% | 114,925€ | -5.4% | 6,937€ | 6.0% | 5 | 681€ |
| 1271 | Elmaco03687546 · Danilovgrad | <0.1% | 114,908€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -45,025€ | -39.2% | 10 | 1,104€ |
| 1272 | Lux Residence03334848 · Zeta | <0.1% | 114,794€ | +32.1% | -80,691€ | -70.3% | 1 | 1,179€ |
| 1273 | Cub-Cop03303489 · Pljevlja | <0.1% | 114,066€ | +260.2% | 1,061€ | 0.9% | 1 | — |
| 1274 | Tim Com03657094 · Cetinje | <0.1% | 114,013€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 19,003€ | 16.7% | 1 | 825€ |
| 1275 | Kosović Mont03266338 · Podgorica | <0.1% | 113,986€ | +91.4% | 14,324€ | 12.6% | 1 | 691€ |
| 1276 | Arming Bau03688895 · Nikšić | <0.1% | 113,983€ | +2,199.0% | 1,014€ | 0.9% | 4 | 2,141€ |
| 1277 | Plus Jovović02461943 · Nikšić | <0.1% | 113,935€ | -49.4% | -19,239€ | -16.9% | 2 | 675€ |
| 1278 | Sijarić Cop03638944 · Podgorica | <0.1% | 113,840€ | +16.9% | 40,722€ | 35.8% | 2 | 646€ |
| 1279 | Elnet02860678 · Bijelo Polje | <0.1% | 113,727€ | +20.4% | 9,756€ | 8.6% | 3 | 724€ |
| 1280 | Montenegro Building Invest02733994 · Kotor | <0.1% | 113,646€ | +48,055.1% | -477,025€ | -419.7% | 1 | 2,654€ |
| 1281 | Visoki Napon Jokanović03698335 · Podgorica | <0.1% | 113,427€ | +3,066.6% | 1,069€ | 0.9% | 4 | 333€ |
| 1282 | BKS Inženjering03173003 · Podgorica | <0.1% | 112,953€ | +275,395.1% | 10,096€ | 8.9% | 2 | 929€ |
| 1283 | D-Lux Pro03715248 · Bijelo Polje | <0.1% | 112,764€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 72,075€ | 63.9% | 1 | 2,231€ |
| 1284 | MDL Elektro03745678 · Podgorica | <0.1% | 112,326€ | No filing for 2024. | 9,530€ | 8.5% | 0 | — |
| 1285 | Dalmond DV03650073 · Podgorica | <0.1% | 111,989€ | -82.7% | -227,846€ | -203.5% | 1 | 1,324€ |
| 1286 | Pashasoy Construction03793338 · Budva | <0.1% | 111,785€ | No filing for 2024. | 42,193€ | 37.7% | 1 | — |
| 1287 | MK Construction03625150 · Kolašin | <0.1% | 111,699€ | +18.0% | 31,238€ | 28.0% | 1 | 598€ |
| 1288 | Celtikcioglu Cons.Ind.& Trade LTD Co02882256 · Nikšić | <0.1% | 111,437€ | +121.2% | 12,171€ | 10.9% | 0 | — |
| 1289 | WP Systems03488985 · Budva | <0.1% | 111,389€ | -3.3% | 2,300€ | 2.1% | 2 | 1,764€ |
| 1290 | Energonet03418430 · Danilovgrad | <0.1% | 111,105€ | -32.1% | 1,067€ | 1.0% | 6 | 821€ |
| 1291 | Cvijovic Kop03708934 · Herceg Novi | <0.1% | 111,043€ | +1,628.3% | 1,430€ | 1.3% | 1 | 3,386€ |
| 1292 | Vuk Kop03316114 · Podgorica | <0.1% | 110,057€ | +58.5% | 34,429€ | 31.3% | 3 | 611€ |
| 1293 | Space House02732912 · Podgorica | <0.1% | 110,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 89,644€ | 81.5% | 1 | 741€ |
| 1294 | Badovina Lim03740064 · Nikšić | <0.1% | 109,974€ | No filing for 2024. | 2,252€ | 2.0% | 0 | — |
| 1295 | Klimacom03623319 · Podgorica | <0.1% | 109,809€ | +18.4% | 20,977€ | 19.1% | 3 | 925€ |
| 1296 | Progress Company03128849 · Budva | <0.1% | 109,722€ | +66.9% | 15,767€ | 14.4% | 2 | 847€ |
| 1297 | Čičak02422751 · Tivat | <0.1% | 109,593€ | +35.6% | -9,995€ | -9.1% | 5 | 710€ |
| 1298 | Monti Company03423077 · Budva | <0.1% | 109,563€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 22,283€ | 20.3% | 1 | 561€ |
| 1299 | 3D Mont03618773 · Podgorica | <0.1% | 109,319€ | -8.8% | 11,436€ | 10.5% | 5 | 1,154€ |
| 1300 | Bramar Pro03637328 · Podgorica | <0.1% | 109,314€ | +63.3% | -1,253€ | -1.1% | 4 | 1,093€ |