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 1601–1650 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* |
|---|
| 1601 | Genesis02779412 · Kotor | <0.1% | 63,734€ | +94.3% | 20,231€ | 31.7% | 2 | 1,154€ |
| 1602 | Polat Construction03158705 · Podgorica | <0.1% | 63,674€ | -87.0% | -25,858€ | -40.6% | 2 | 1,111€ |
| 1603 | Amm Company03227146 · Bar | <0.1% | 63,500€ | -1.5% | 16,148€ | 25.4% | 2 | 500€ |
| 1604 | V&V Capital Invest03380858 · Bar | <0.1% | 63,314€ | +1.7% | 13,075€ | 20.7% | 1 | 805€ |
| 1605 | Spiga SRL03267121 · Ulcinj | <0.1% | 63,127€ | -84.9% | 24,712€ | 39.1% | 1 | 1,199€ |
| 1606 | Alux Dekor03730166 · Podgorica | <0.1% | 63,104€ | No filing for 2024. | 1,593€ | 2.5% | 2 | 1,642€ |
| 1607 | 4K Solutions03551440 · Kolašin | <0.1% | 63,075€ | +582.5% | -7,700€ | -12.2% | 1 | 3,185€ |
| 1608 | Mne Property Invest03368106 · Bar | <0.1% | 63,051€ | +2,443.4% | -305,017€ | -483.8% | 4 | 1,451€ |
| 1609 | Elektro Radar03725219 · Danilovgrad | <0.1% | 62,834€ | No filing for 2024. | -3,023€ | -4.8% | 1 | 972€ |
| 1610 | Todorović Invest03345815 · Nikšić | <0.1% | 62,720€ | +110.1% | 4,957€ | 7.9% | 4 | 905€ |
| 1611 | Katič02700336 · Budva | <0.1% | 62,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -109,586€ | -175.1% | 1 | 675€ |
| 1612 | Lim-Trade03388115 · Pljevlja | <0.1% | 62,427€ | -16.2% | -14,639€ | -23.4% | 3 | 461€ |
| 1613 | Ari Gradnja03125211 · Bijelo Polje | <0.1% | 61,852€ | +148.6% | 609€ | 1.0% | 4 | 1,001€ |
| 1614 | Andel03577589 · Nikšić | <0.1% | 61,787€ | +30.0% | 9,033€ | 14.6% | 1 | 2,655€ |
| 1615 | CG Resort03253376 · Tivat | <0.1% | 61,469€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,437,059€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 8 | — |
| 1616 | JSS02931176 · Herceg Novi | <0.1% | 61,389€ | +2.8% | -5,740€ | -9.4% | 2 | 349€ |
| 1617 | Frigoenergo03174158 · Budva | <0.1% | 61,357€ | +206.1% | 2,311€ | 3.8% | 3 | 592€ |
| 1618 | Novi Prvoborac02314223 · Herceg Novi | <0.1% | 61,014€ | +49.2% | -33,661€ | -55.2% | 3 | 1,558€ |
| 1619 | N.J.S.M03589226 · Tuzi | <0.1% | 60,835€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 27,702€ | 45.5% | 1 | 1,447€ |
| 1620 | Rajmond - Mne03207366 · Podgorica | <0.1% | 60,784€ | -50.3% | 7,339€ | 12.1% | 2 | 1,195€ |
| 1621 | Belfry Montenegro03753239 · Podgorica | <0.1% | 60,720€ | No filing for 2024. | 515€ | 0.8% | 4 | 772€ |
| 1622 | Pizzarotti Montenegro03070778 · Herceg Novi | <0.1% | 60,675€ | +84.8% | -74,935€ | -123.5% | 2 | 1,904€ |
| 1623 | Adcop03723470 · Ulcinj | <0.1% | 60,670€ | No filing for 2024. | 2,998€ | 4.9% | 1 | 654€ |
| 1624 | Ell-Mont02667380 · Rožaje | <0.1% | 60,505€ | +28.4% | 7,261€ | 12.0% | 1 | 674€ |
| 1625 | Vellku03715396 · Tuzi | <0.1% | 60,313€ | No filing for 2024. | 8,963€ | 14.9% | 4 | 949€ |
| 1626 | B Termo03627918 · Nikšić | <0.1% | 60,251€ | +107.3% | 2,234€ | 3.7% | 3 | 959€ |
| 1627 | Rudic.Com03714934 · Bijelo Polje | <0.1% | 60,240€ | +609.0% | 10,303€ | 17.1% | 2 | 647€ |
| 1628 | Isiengineering03705161 · Podgorica | <0.1% | 60,130€ | +568.1% | -5,354€ | -8.9% | 2 | 1,723€ |
| 1629 | R Dekotor03729516 · Podgorica | <0.1% | 60,051€ | No filing for 2024. | -15,953€ | -26.6% | 0 | — |
| 1630 | Adc03115046 · Herceg Novi | <0.1% | 60,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 51,232€ | 85.4% | 1 | — |
| 1631 | Home Invest Co02653010 · Budva | <0.1% | 59,944€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,790€ | 16.3% | 2 | 2,025€ |
| 1632 | Anes Group03300633 · Bijelo Polje | <0.1% | 59,771€ | +55.6% | 19,100€ | 32.0% | 1 | 2,012€ |
| 1633 | MB Mont02693178 · Podgorica | <0.1% | 59,737€ | +45.5% | 7,158€ | 12.0% | 1 | 1,930€ |
| 1634 | Modelar Enterijer03656039 · Podgorica | <0.1% | 59,672€ | +51.1% | -26,404€ | -44.2% | 4 | 636€ |
| 1635 | Novaterm03022773 · Podgorica | <0.1% | 59,642€ | -34.7% | 2,546€ | 4.3% | 4 | 876€ |
| 1636 | Softić Gradnja03678849 · Bijelo Polje | <0.1% | 59,583€ | +264.3% | -4,058€ | -6.8% | 5 | 1,027€ |
| 1637 | Prosperity GM03588246 · Podgorica | <0.1% | 59,554€ | -0.5% | 8,760€ | 14.7% | 2 | 1,252€ |
| 1638 | Per Astra02774674 · Podgorica | <0.1% | 59,347€ | +5,194.1% | -13,000€ | -21.9% | 3 | 1,043€ |
| 1639 | Mahon Property Management02781425 · Tivat | <0.1% | 58,806€ | +0.0% | 31,492€ | 53.6% | 1 | — |
| 1640 | Kamini Sjekloća03589382 · Cetinje | <0.1% | 58,740€ | +48.2% | -3,317€ | -5.6% | 2 | 421€ |
| 1641 | Central Hill03227383 · Podgorica | <0.1% | 58,503€ | -91.7% | 45,313€ | 77.5% | 1 | 338€ |
| 1642 | Eko Mont03663892 · Podgorica | <0.1% | 58,491€ | -74.8% | -86,621€ | -148.1% | 4 | 828€ |
| 1643 | Noah Invest03578771 · Tuzi | <0.1% | 58,347€ | +76.5% | -4,967€ | -8.5% | 3 | 1,369€ |
| 1644 | Enko02704838 · Bijelo Polje | <0.1% | 57,993€ | -47.5% | -3,120€ | -5.4% | 5 | 766€ |
| 1645 | Ar03492958 · Podgorica | <0.1% | 57,926€ | +128.8% | 14,089€ | 24.3% | 2 | 491€ |
| 1646 | Radič Gradnja03618439 · Bijelo Polje | <0.1% | 57,865€ | +116.5% | 14,825€ | 25.6% | 3 | 892€ |
| 1647 | Lovćeninvest02017555 · Podgorica | <0.1% | 57,762€ | -88.8% | -162,916€ | -282.0% | 5 | 1,223€ |
| 1648 | Royal Energy03707920 · Kotor | <0.1% | 57,510€ | +749.5% | -7,082€ | -12.3% | 2 | 387€ |
| 1649 | Euromont Gradnja03162672 · Podgorica | <0.1% | 57,500€ | +432.4% | 26,541€ | 46.2% | 2 | 364€ |
| 1650 | Shegaj Construction03518116 · Ulcinj | <0.1% | 57,342€ | +49.0% | 2,038€ | 3.6% | 3 | 909€ |