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 1351–1400 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* |
|---|
| 1351 | Vilusi Company02822016 · Nikšić | <0.1% | 100,939€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 69,127€ | 68.5% | 0 | — |
| 1352 | DM Company02409577 · Nikšić | <0.1% | 100,550€ | -63.8% | 41,629€ | 41.4% | 1 | 747€ |
| 1353 | MV Dom02922886 · Nikšić | <0.1% | 100,216€ | +6.1% | 954€ | 1.0% | 2 | 507€ |
| 1354 | Skoko Gradnja02909561 · Podgorica | <0.1% | 100,000€ | +98.3% | 9,779€ | 9.8% | 1 | 883€ |
| 1355 | Vidaković Trans02891590 · Podgorica | <0.1% | 99,532€ | -1.2% | 3,372€ | 3.4% | 1 | 1,465€ |
| 1356 | Tip Top Beton03532682 · Podgorica | <0.1% | 99,403€ | +242.7% | 26,596€ | 26.8% | 2 | 1,823€ |
| 1357 | Frigo Brkan03670562 · Tivat | <0.1% | 99,351€ | +354.5% | 2,273€ | 2.3% | 2 | 801€ |
| 1358 | Špina Kotor03035450 · Kotor | <0.1% | 99,232€ | +83.4% | 14,917€ | 15.0% | 3 | 656€ |
| 1359 | Prima Team03120457 · Bar | <0.1% | 99,209€ | +61.8% | 6,102€ | 6.2% | 5 | 1,178€ |
| 1360 | 4D Tim03778207 · Bar | <0.1% | 99,200€ | No filing for 2024. | 8,001€ | 8.1% | 5 | 404€ |
| 1361 | Total Decor03250636 · Podgorica | <0.1% | 98,880€ | +19.3% | 21,006€ | 21.2% | 3 | 1,083€ |
| 1362 | Vukićević Plafonex03410838 · Nikšić | <0.1% | 98,803€ | -6.2% | -7,558€ | -7.6% | 4 | 552€ |
| 1363 | Ege Plus Insaat03663094 · Tivat | <0.1% | 98,652€ | -58.1% | -31,381€ | -31.8% | 1 | 678€ |
| 1364 | Lukač Decor03333442 · Bijelo Polje | <0.1% | 98,460€ | -15.3% | 1,733€ | 1.8% | 3 | 686€ |
| 1365 | S Connect03442985 · Podgorica | <0.1% | 98,412€ | +1.9% | 795€ | 0.8% | 2 | 1,204€ |
| 1366 | Dijari03096505 · Ulcinj | <0.1% | 98,388€ | -49.2% | 70,667€ | 71.8% | 2 | 848€ |
| 1367 | Žitomlin02814463 · Nikšić | <0.1% | 98,362€ | -8.0% | 2,028€ | 2.1% | 1 | 552€ |
| 1368 | Rondo02450178 · Podgorica | <0.1% | 98,083€ | -15.6% | 3,598€ | 3.7% | 3 | 674€ |
| 1369 | Id Plus02807041 · Budva | <0.1% | 97,777€ | -75.6% | -204,175€ | -208.8% | 4 | 1,329€ |
| 1370 | Gi Emme03729656 · Podgorica | <0.1% | 97,762€ | No filing for 2024. | -87,650€ | -89.7% | 9 | 1,285€ |
| 1371 | Radius Gas02958066 · Herceg Novi | <0.1% | 97,543€ | +22.6% | 3,292€ | 3.4% | 1 | 1,419€ |
| 1372 | Vermont Engineering03695336 · Nikšić | <0.1% | 97,156€ | +364.9% | 14,073€ | 14.5% | 1 | 1,318€ |
| 1373 | Arhitron02655233 · Budva | <0.1% | 97,005€ | -0.5% | 31,571€ | 32.5% | 3 | 635€ |
| 1374 | M.D.I.02781506 · Tivat | <0.1% | 96,973€ | -84.3% | -44,712€ | -46.1% | 10 | 411€ |
| 1375 | Bulut Construction03779947 · Podgorica | <0.1% | 96,600€ | No filing for 2024. | 44,899€ | 46.5% | 2 | 533€ |
| 1376 | Iv Enterijeri03325300 · Podgorica | <0.1% | 96,289€ | +117.3% | 452€ | 0.5% | 1 | 677€ |
| 1377 | Commodo03190366 · Nikšić | <0.1% | 96,239€ | +281.1% | 3,198€ | 3.3% | 1 | 976€ |
| 1378 | Hidroizolacije Krkušić Mne03706982 · Ulcinj | <0.1% | 96,019€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 44,359€ | 46.2% | 2 | 793€ |
| 1379 | Provizor03156591 · Budva | <0.1% | 95,417€ | -9.2% | -1,374€ | -1.4% | 1 | 3,788€ |
| 1380 | Mne Enterijer03705218 · Podgorica | <0.1% | 94,999€ | +9,806.0% | 10,562€ | 11.1% | 1 | 1,617€ |
| 1381 | Braća Rakočević03727939 · Podgorica | <0.1% | 94,980€ | No filing for 2024. | 7,811€ | 8.2% | 3 | 690€ |
| 1382 | Waves Smart Technologies03137473 · Podgorica | <0.1% | 94,834€ | +609.5% | 10,915€ | 11.5% | 1 | 1,245€ |
| 1383 | Genex.Cg03297055 · Podgorica | <0.1% | 94,524€ | +2,288.2% | 77,401€ | 81.9% | 1 | 748€ |
| 1384 | Mason&Smith Development03165167 · Tivat | <0.1% | 94,418€ | +95.0% | 17,654€ | 18.7% | 1 | 678€ |
| 1385 | T & T Inženjering03278956 · Podgorica | <0.1% | 94,228€ | +97.7% | 16,883€ | 17.9% | 1 | 2,917€ |
| 1386 | Tat Engineering03316602 · Danilovgrad | <0.1% | 93,849€ | -2.8% | 4,030€ | 4.3% | 2 | — |
| 1387 | Belko02649454 · Herceg Novi | <0.1% | 93,813€ | +181.6% | 13,833€ | 14.7% | 3 | 835€ |
| 1388 | Hidro-Maks03709922 · Podgorica | <0.1% | 93,754€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 18,385€ | 19.6% | 1 | 3,366€ |
| 1389 | Horizont Investment Group03279464 · Podgorica | <0.1% | 93,130€ | -66.0% | 50,052€ | 53.7% | 1 | 1,061€ |
| 1390 | Madecassia03151611 · Herceg Novi | <0.1% | 93,122€ | +57,030.1% | -62,317€ | -66.9% | 1 | 9,798€ |
| 1391 | Sova Elektro Tim03396347 · Nikšić | <0.1% | 92,980€ | +229.2% | 5,379€ | 5.8% | 3 | 697€ |
| 1392 | B&F Enterijer03287149 · Podgorica | <0.1% | 92,873€ | -17.7% | 16,389€ | 17.6% | 2 | 678€ |
| 1393 | Status Ab03756734 · Podgorica | <0.1% | 92,647€ | No filing for 2024. | -44,712€ | -48.3% | 3 | 591€ |
| 1394 | Preduzeće Čukić03600629 · Podgorica | <0.1% | 92,473€ | -10.6% | 6,013€ | 6.5% | 2 | 791€ |
| 1395 | X Design03226336 · Podgorica | <0.1% | 92,150€ | +42.7% | 5,393€ | 5.9% | 2 | 311€ |
| 1396 | Lalić Gradnja03572064 · Budva | <0.1% | 91,256€ | +89.1% | -1,130€ | -1.2% | 2 | 1,783€ |
| 1397 | Servis Nikolai03214583 · Budva | <0.1% | 91,139€ | +657.4% | -39,096€ | -42.9% | 4 | 672€ |
| 1398 | Gigi Gradnja03687210 · Podgorica | <0.1% | 91,005€ | +168.2% | -14,906€ | -16.4% | 2 | 678€ |
| 1399 | Nidel03634043 · Podgorica | <0.1% | 90,717€ | +257.1% | 1,495€ | 1.6% | 1 | 643€ |
| 1400 | Top Design03049345 · Bijelo Polje | <0.1% | 90,716€ | +7.4% | 228€ | 0.3% | 4 | 1,045€ |