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 1501–1550 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* |
|---|
| 1501 | Kotor Hills03126307 · Podgorica | <0.1% | 75,278€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 49,252€ | 65.4% | 1 | — |
| 1502 | Ropex03701301 · Podgorica | <0.1% | 75,017€ | +1,978.6% | 1,477€ | 2.0% | 1 | 1,435€ |
| 1503 | We Build the Future03305597 · Kotor | <0.1% | 74,824€ | -72.7% | -73,766€ | -98.6% | 2 | 1,070€ |
| 1504 | Poptech03746135 · Podgorica | <0.1% | 74,581€ | No filing for 2024. | 39,658€ | 53.2% | 1 | 419€ |
| 1505 | GT 203385051 · Herceg Novi | <0.1% | 74,435€ | -95.9% | -16,224€ | -21.8% | 2 | 373€ |
| 1506 | K Invest Group03408477 · Nikšić | <0.1% | 74,314€ | -87.6% | 6,037€ | 8.1% | 4 | 678€ |
| 1507 | Elips02050790 · Herceg Novi | <0.1% | 74,305€ | -20.2% | -22,310€ | -30.0% | 3 | 1,001€ |
| 1508 | Perfect Service Team03606791 · Podgorica | <0.1% | 74,244€ | +146.1% | 7,594€ | 10.2% | 2 | 577€ |
| 1509 | Energy Solution03125831 · Podgorica | <0.1% | 74,009€ | -39.7% | -800€ | -1.1% | 1 | 408€ |
| 1510 | Nik Auto03273008 · Nikšić | <0.1% | 73,982€ | +56.3% | -16,937€ | -22.9% | 2 | 1,623€ |
| 1511 | Hydro Solution03067653 · Podgorica | <0.1% | 73,819€ | +361.3% | 26,474€ | 35.9% | 1 | 678€ |
| 1512 | Tehnoput02154960 · Podgorica | <0.1% | 73,777€ | -55.2% | -347,077€ | -470.4% | 6 | 721€ |
| 1513 | Briliant Construction03745660 · Podgorica | <0.1% | 73,520€ | No filing for 2024. | 15,126€ | 20.6% | 0 | — |
| 1514 | Arhibox03208966 · Nikšić | <0.1% | 73,374€ | -19.4% | 1,754€ | 2.4% | 4 | 1,065€ |
| 1515 | Montenegro Tours02304210 · Bijelo Polje | <0.1% | 73,083€ | -78.4% | 5,453€ | 7.5% | 3 | 1,352€ |
| 1516 | Sigurnost Vašeg Doma03639347 · Berane | <0.1% | 72,779€ | +19.3% | 7,960€ | 10.9% | 2 | 837€ |
| 1517 | Elektro Mojaš03293238 · Podgorica | <0.1% | 72,556€ | +5.6% | 1,739€ | 2.4% | 1 | 990€ |
| 1518 | Budva Diving02766574 · Budva | <0.1% | 72,532€ | +24.5% | -16,653€ | -23.0% | 2 | 1,524€ |
| 1519 | Elien03640418 · Zeta | <0.1% | 72,251€ | +88.4% | 777€ | 1.1% | 5 | 877€ |
| 1520 | Drakulović Co02706261 · Tivat | <0.1% | 72,215€ | +23.5% | 5,363€ | 7.4% | 3 | 768€ |
| 1521 | Juncaj Contractors03577007 · Tuzi | <0.1% | 72,206€ | +330.5% | 20,848€ | 28.9% | 3 | 697€ |
| 1522 | Elemont Elektro03626903 · Podgorica | <0.1% | 72,109€ | -8.6% | -18,727€ | -26.0% | 4 | 1,094€ |
| 1523 | Venis03365395 · Podgorica | <0.1% | 72,066€ | +336.8% | 18,935€ | 26.3% | 1 | — |
| 1524 | Šoro03583180 · Berane | <0.1% | 72,006€ | +19.5% | -25,772€ | -35.8% | 5 | 1,624€ |
| 1525 | Nole Group03355322 · Bijelo Polje | <0.1% | 72,005€ | +17.5% | 3,479€ | 4.8% | 4 | 1,211€ |
| 1526 | Gipsani Radovi Abm03725278 · Tuzi | <0.1% | 71,946€ | No filing for 2024. | 2,283€ | 3.2% | 3 | 797€ |
| 1527 | Đeka Mont03541053 · Budva | <0.1% | 71,705€ | +44.3% | 15,652€ | 21.8% | 2 | 675€ |
| 1528 | Shutex Elektro03324770 · Zeta | <0.1% | 71,241€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,832€ | -8.2% | 2 | 921€ |
| 1529 | BK Group03665801 · Danilovgrad | <0.1% | 70,628€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -134,373€ | -190.3% | 16 | 718€ |
| 1530 | Stojanović Kop03365441 · Nikšić | <0.1% | 70,522€ | +69.7% | 14,299€ | 20.3% | 2 | 628€ |
| 1531 | MM & Color02754924 · Kotor | <0.1% | 70,522€ | -39.4% | -17,791€ | -25.2% | 4 | 816€ |
| 1532 | Šar Mne03555763 · Kotor | <0.1% | 70,478€ | -5.9% | -12,771€ | -18.1% | 2 | 519€ |
| 1533 | Kist Ton02393565 · Danilovgrad | <0.1% | 70,124€ | +71.3% | 1,831€ | 2.6% | 4 | 613€ |
| 1534 | Adria Expeditionary Support03401308 · Tivat | <0.1% | 70,027€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 55,370€ | 79.1% | 1 | 451€ |
| 1535 | BB Sistem03563901 · Podgorica | <0.1% | 69,901€ | +5.0% | 4,231€ | 6.1% | 2 | 605€ |
| 1536 | Strong Technics03462374 · Budva | <0.1% | 69,432€ | +61.5% | 5,392€ | 7.8% | 1 | 1,148€ |
| 1537 | Safaroglu03736580 · Budva | <0.1% | 69,348€ | No filing for 2024. | 30,424€ | 43.9% | 3 | 619€ |
| 1538 | Hodžić Gradnja03299309 · Bijelo Polje | <0.1% | 69,245€ | +90.6% | 14,371€ | 20.8% | 5 | 704€ |
| 1539 | Forteks02101386 · Bijelo Polje | <0.1% | 69,158€ | +201.8% | 1,910€ | 2.8% | 3 | 678€ |
| 1540 | Var03258262 · Podgorica | <0.1% | 69,097€ | -16.1% | 2,270€ | 3.3% | 2 | 775€ |
| 1541 | Adapta03630153 · Podgorica | <0.1% | 69,066€ | -19.0% | 1,854€ | 2.7% | 1 | 737€ |
| 1542 | Semipro03783979 · Podgorica | <0.1% | 68,945€ | No filing for 2024. | 15,314€ | 22.2% | 1 | 601€ |
| 1543 | Džony&Co03694593 · Podgorica | <0.1% | 68,907€ | +671.7% | -4,852€ | -7.0% | 1 | 676€ |
| 1544 | Franko Kompany03314197 · Tuzi | <0.1% | 68,866€ | +602.5% | 31,192€ | 45.3% | 1 | 675€ |
| 1545 | Voda Majstori03526372 · Danilovgrad | <0.1% | 68,661€ | +735.3% | 10,772€ | 15.7% | 2 | 1,005€ |
| 1546 | Prof Invest03180115 · Budva | <0.1% | 68,595€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 59,169€ | 86.3% | 2 | — |
| 1547 | Vu Gradnja03690962 · Berane | <0.1% | 68,545€ | +276.2% | -29,042€ | -42.4% | 5 | 1,623€ |
| 1548 | GPM Electro Team03303187 · Bar | <0.1% | 68,474€ | -34.7% | -22,380€ | -32.7% | 4 | 554€ |
| 1549 | MDS Contract03213790 · Podgorica | <0.1% | 68,194€ | +17,798.7% | -2,169€ | -3.2% | 1 | 1,069€ |
| 1550 | Kompanija Terming02351897 · Budva | <0.1% | 68,170€ | +35.4% | 29,451€ | 43.2% | 1 | 675€ |