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 1401–1450 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* |
|---|
| 1401 | Professional Team Mne03637387 · Zeta | <0.1% | 90,621€ | +138.6% | -24,032€ | -26.5% | 3 | 1,058€ |
| 1402 | Euro - Pipe02784378 · Nikšić | <0.1% | 90,476€ | -58.7% | 7,862€ | 8.7% | 1 | 925€ |
| 1403 | Termoline03098354 · Podgorica | <0.1% | 89,426€ | +139.2% | 25,658€ | 28.7% | 1 | — |
| 1404 | Koja Kop03334198 · Tuzi | <0.1% | 89,300€ | -39.8% | -10,728€ | -12.0% | 2 | 399€ |
| 1405 | Banja Komerc Bekament03408400 · Podgorica | <0.1% | 89,280€ | -2.3% | -862€ | -1.0% | 2 | 2,606€ |
| 1406 | Pure Satisfaction03713024 · Herceg Novi | <0.1% | 89,262€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 22,564€ | 25.3% | 2 | 597€ |
| 1407 | Asm Gradnja03422470 · Podgorica | <0.1% | 89,234€ | +24.0% | -20,445€ | -22.9% | 1 | 937€ |
| 1408 | Rtech03562042 · Podgorica | <0.1% | 89,025€ | +41.7% | 4,774€ | 5.4% | 2 | 1,668€ |
| 1409 | Demir D-Kop03578232 · Bijelo Polje | <0.1% | 88,967€ | +76.9% | -10,864€ | -12.2% | 1 | 2,603€ |
| 1410 | Jedro Gradnja03591751 · Budva | <0.1% | 88,779€ | +235.9% | 515€ | 0.6% | 1 | 1,476€ |
| 1411 | Loran Construction03327965 · Tivat | <0.1% | 88,630€ | +2,324.2% | 20,702€ | 23.4% | 1 | — |
| 1412 | Luks Elektro03404803 · Herceg Novi | <0.1% | 88,527€ | -29.8% | -2,749€ | -3.1% | 1 | 1,462€ |
| 1413 | Bau Group03659658 · Herceg Novi | <0.1% | 88,095€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,212€ | 10.5% | 1 | 1,751€ |
| 1414 | Init03337049 · Podgorica | <0.1% | 88,043€ | +7.6% | 14,652€ | 16.6% | 2 | 741€ |
| 1415 | Urban Invest03279022 · Podgorica | <0.1% | 87,872€ | -31.0% | -36,274€ | -41.3% | 2 | 1,101€ |
| 1416 | Hidroplan03724832 · Podgorica | <0.1% | 87,700€ | No filing for 2024. | 4,801€ | 5.5% | 2 | 1,208€ |
| 1417 | Aman Company03293769 · Herceg Novi | <0.1% | 87,682€ | +185.2% | 11,814€ | 13.5% | 1 | 1,250€ |
| 1418 | Scandi-NK03711404 · Nikšić | <0.1% | 87,654€ | +318.5% | 10,918€ | 12.5% | 3 | 1,058€ |
| 1419 | Izotop03153479 · Budva | <0.1% | 87,629€ | -10.8% | -4,929€ | -5.6% | 5 | 860€ |
| 1420 | Gojković Company03673502 · Berane | <0.1% | 87,372€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,694€ | 6.5% | 1 | 904€ |
| 1421 | MD Stroj03729451 · Podgorica | <0.1% | 87,340€ | No filing for 2024. | 13,614€ | 15.6% | 2 | 718€ |
| 1422 | Građevinsko Preduzeće GSV02631067 · Podgorica | <0.1% | 87,303€ | -34.9% | -17,817€ | -20.4% | 7 | 714€ |
| 1423 | Ing - Gradište03244113 · Podgorica | <0.1% | 87,295€ | +166.5% | 7,895€ | 9.0% | 1 | 452€ |
| 1424 | Ljubatović Company03315541 · Kotor | <0.1% | 87,290€ | +61.9% | 6,327€ | 7.2% | 1 | 338€ |
| 1425 | A.M. Intermediary Office03610462 · Bijelo Polje | <0.1% | 87,254€ | +141.2% | 1,363€ | 1.6% | 2 | 1,118€ |
| 1426 | Termo Lux Vukotić03743691 · Podgorica | <0.1% | 86,974€ | No filing for 2024. | 16,497€ | 19.0% | 2 | 842€ |
| 1427 | Strelnikov Development Group03541622 · Bar | <0.1% | 86,777€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,930€ | 10.3% | 1 | 981€ |
| 1428 | MB Bazeni03100260 · Ulcinj | <0.1% | 86,714€ | -29.0% | 14,353€ | 16.6% | 1 | 677€ |
| 1429 | The Best Star Project03750655 · Budva | <0.1% | 86,251€ | No filing for 2024. | -12,474€ | -14.5% | 2 | 871€ |
| 1430 | Albras02464420 · Podgorica | <0.1% | 86,209€ | +6.7% | 437€ | 0.5% | 2 | 677€ |
| 1431 | Galaxy 201403013243 · Pljevlja | <0.1% | 86,180€ | +14.1% | 2,053€ | 2.4% | 2 | 675€ |
| 1432 | Digitec03314588 · Podgorica | <0.1% | 86,091€ | +13.7% | -3,048€ | -3.5% | 1 | — |
| 1433 | Balboa Bazeni03215318 · Bar | <0.1% | 85,999€ | -3.1% | 14,263€ | 16.6% | 2 | 595€ |
| 1434 | Simanić Trade03263436 · Tivat | <0.1% | 85,960€ | -45.0% | 19,044€ | 22.2% | 1 | 677€ |
| 1435 | Gips +03208770 · Budva | <0.1% | 85,899€ | +182.4% | 18,123€ | 21.1% | 1 | 677€ |
| 1436 | Hidro Gradnja VB03124002 · Podgorica | <0.1% | 85,800€ | +6.5% | 45,969€ | 53.6% | 3 | 819€ |
| 1437 | Mujezinović Group03740447 · Bijelo Polje | <0.1% | 85,724€ | No filing for 2024. | 45,057€ | 52.6% | 2 | 537€ |
| 1438 | Topi Company02348420 · Herceg Novi | <0.1% | 85,564€ | -14.6% | 1,166€ | 1.4% | 3 | 821€ |
| 1439 | Smart Heating System03585859 · Ulcinj | <0.1% | 85,535€ | +179.9% | 8,574€ | 10.0% | 1 | 678€ |
| 1440 | Master House D&D03247945 · Podgorica | <0.1% | 85,532€ | +134.8% | 10,194€ | 11.9% | 1 | 1,143€ |
| 1441 | Filear02899876 · Podgorica | <0.1% | 85,425€ | +49.8% | 3,296€ | 3.9% | 4 | 697€ |
| 1442 | Adriatic Construction Company02799219 · Herceg Novi | <0.1% | 85,355€ | +67,642.1% | 59,070€ | 69.2% | 1 | 518€ |
| 1443 | New Fjord Developments02462222 · Podgorica | <0.1% | 84,900€ | +93.6% | 55,773€ | 65.7% | 1 | 922€ |
| 1444 | Home Art 08303415457 · Nikšić | <0.1% | 84,310€ | +41.0% | -12,990€ | -15.4% | 7 | 506€ |
| 1445 | RC Kop03553914 · Budva | <0.1% | 84,141€ | +67.1% | 669€ | 0.8% | 1 | — |
| 1446 | Risan Bay03294544 · Kotor | <0.1% | 84,109€ | +16,857.5% | -368,435€ | -438.0% | 3 | 737€ |
| 1447 | MV - Gradnja03082792 · Podgorica | <0.1% | 84,025€ | -6.5% | 3,785€ | 4.5% | 4 | 536€ |
| 1448 | Boom Inzenjering03012255 · Budva | <0.1% | 83,929€ | +62.5% | -7,014€ | -8.4% | 3 | 532€ |
| 1449 | Bojić - Com03112802 · Kotor | <0.1% | 83,585€ | +118.2% | -1,608€ | -1.9% | 3 | 651€ |
| 1450 | Winner Elektro03154653 · Danilovgrad | <0.1% | 83,483€ | +7.8% | 12,607€ | 15.1% | 3 | 835€ |