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 1951–2000 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* |
|---|
| 1951 | CLC Company-Creative and Logistic Center03740790 · Podgorica | <0.1% | 33,882€ | No filing for 2024. | 3,387€ | 10.0% | 1 | 644€ |
| 1952 | Mia-Mat03279294 · Nikšić | <0.1% | 33,840€ | +271.8% | 3,670€ | 10.8% | 1 | 1,339€ |
| 1953 | M&J Elektro03750094 · Berane | <0.1% | 33,674€ | No filing for 2024. | -1,088€ | -3.2% | 3 | 899€ |
| 1954 | Nefo03690091 · Bijelo Polje | <0.1% | 33,660€ | +690.1% | -388€ | -1.2% | 2 | 845€ |
| 1955 | Interstellar03474305 · Bijelo Polje | <0.1% | 33,656€ | -44.3% | 1,199€ | 3.6% | 1 | 1,604€ |
| 1956 | Lu - Mar Construction03326217 · Bar | <0.1% | 33,651€ | -69.9% | -69,492€ | -206.5% | 3 | 739€ |
| 1957 | Oluk Company03196704 · Bijelo Polje | <0.1% | 33,635€ | +76.7% | 822€ | 2.4% | 4 | 590€ |
| 1958 | Brigs03760910 · Herceg Novi | <0.1% | 33,551€ | No filing for 2024. | 557€ | 1.7% | 2 | 625€ |
| 1959 | Demaks03557936 · Cetinje | <0.1% | 33,515€ | +38.9% | 86€ | 0.3% | 1 | 679€ |
| 1960 | Zoronjić Company02344173 · Bar | <0.1% | 33,471€ | -26.9% | -16,151€ | -48.3% | 4 | 888€ |
| 1961 | Keković Kop03409970 · Podgorica | <0.1% | 33,465€ | +119.7% | 6,619€ | 19.8% | 1 | 338€ |
| 1962 | Boing Elektriks03362329 · Budva | <0.1% | 33,346€ | -13.2% | 11,196€ | 33.6% | 1 | 335€ |
| 1963 | Vering03154998 · Budva | <0.1% | 33,272€ | +187.1% | 13,245€ | 39.8% | 1 | 336€ |
| 1964 | Budno Oko03604306 · Budva | <0.1% | 33,187€ | +114.2% | 2,107€ | 6.3% | 1 | 675€ |
| 1965 | Emr03783391 · Podgorica | <0.1% | 33,058€ | No filing for 2024. | -10,934€ | -33.1% | 2 | — |
| 1966 | Super-Finish02959330 · Podgorica | <0.1% | 33,054€ | +9.4% | 14,830€ | 44.9% | 1 | 675€ |
| 1967 | Montel Klima03772926 · Danilovgrad | <0.1% | 32,893€ | No filing for 2024. | -12,556€ | -38.2% | 2 | 327€ |
| 1968 | Tim Constracshn03679730 · Bijelo Polje | <0.1% | 32,881€ | +175.7% | -20,531€ | -62.4% | 3 | 1,010€ |
| 1969 | Pid Control03343871 · Podgorica | <0.1% | 32,865€ | -9.7% | -1,075€ | -3.3% | 4 | 311€ |
| 1970 | Minder03435814 · Budva | <0.1% | 32,765€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -216,380€ | -660.4% | 17 | — |
| 1971 | Naš Stan - Vaš Stan03394409 · Danilovgrad | <0.1% | 32,747€ | +171.2% | 0€ | 0.0% | 2 | 1,155€ |
| 1972 | Mozaik 39302798379 · Budva | <0.1% | 32,533€ | +36.0% | 1,726€ | 5.3% | 3 | 497€ |
| 1973 | Gradnja sa Lakoćom03464326 · Podgorica | <0.1% | 32,467€ | +18.1% | -8,351€ | -25.7% | 3 | 679€ |
| 1974 | Krašmaš Invest03701751 · Budva | <0.1% | 32,397€ | No filing for 2024. | 6,217€ | 19.2% | 2 | 767€ |
| 1975 | M_craft03688259 · Podgorica | <0.1% | 32,348€ | +175.9% | 1,002€ | 3.1% | 1 | 868€ |
| 1976 | Eko Kov03103595 · Bijelo Polje | <0.1% | 32,252€ | -10.0% | 234€ | 0.7% | 1 | 1,832€ |
| 1977 | Radulići03704831 · Bijelo Polje | <0.1% | 32,044€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,942€ | -31.0% | 3 | 731€ |
| 1978 | Bagerbar03358801 · Bar | <0.1% | 32,033€ | +112.6% | 9,542€ | 29.8% | 1 | — |
| 1979 | Maak03711099 · Berane | <0.1% | 32,025€ | +9,604.5% | 2,245€ | 7.0% | 2 | 1,233€ |
| 1980 | Nisavic BN Gradnja03600068 · Berane | <0.1% | 32,022€ | +98.6% | 2,616€ | 8.2% | 3 | 809€ |
| 1981 | Zonik Gradnja03754693 · Podgorica | <0.1% | 32,000€ | No filing for 2024. | 6,399€ | 20.0% | 1 | 1,812€ |
| 1982 | Compact Group03639762 · Podgorica | <0.1% | 31,938€ | +72.1% | -1,049€ | -3.3% | 1 | — |
| 1983 | Argon03716546 · Podgorica | <0.1% | 31,911€ | No filing for 2024. | 12,280€ | 38.5% | 0 | — |
| 1984 | Comfort Studio03585913 · Bar | <0.1% | 31,891€ | -52.1% | 8,975€ | 28.1% | 1 | 1,441€ |
| 1985 | Top Stroj03692981 · Budva | <0.1% | 31,855€ | +5,209.2% | -4,469€ | -14.0% | 1 | 339€ |
| 1986 | Condor Company02776014 · Budva | <0.1% | 31,826€ | -73.5% | 8,595€ | 27.0% | 1 | 998€ |
| 1987 | TT Project Invest03694089 · Budva | <0.1% | 31,762€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -55€ | -0.2% | 1 | 928€ |
| 1988 | Grand Decor03743888 · Podgorica | <0.1% | 31,653€ | No filing for 2024. | -9,387€ | -29.7% | 1 | — |
| 1989 | MN Pro Design03583660 · Bijelo Polje | <0.1% | 31,648€ | +21.2% | 7,808€ | 24.7% | 1 | 1,039€ |
| 1990 | Group Pavićević03536017 · Bijelo Polje | <0.1% | 31,644€ | +79.7% | 7,489€ | 23.7% | 2 | 677€ |
| 1991 | Wire03187934 · Podgorica | <0.1% | 31,566€ | -78.0% | -17,548€ | -55.6% | 2 | 861€ |
| 1992 | LB Invest03687392 · Budva | <0.1% | 31,558€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,636€ | 24.2% | 1 | 573€ |
| 1993 | Eko Klima CG03693163 · Podgorica | <0.1% | 31,504€ | +648.3% | 8,738€ | 27.7% | 1 | 675€ |
| 1994 | Stalen03030776 · Herceg Novi | <0.1% | 31,488€ | -88.7% | -6,670€ | -21.2% | 1 | 1,605€ |
| 1995 | Enterijer Oto03706346 · Berane | <0.1% | 31,410€ | +947.0% | 8,439€ | 26.9% | 1 | 1,186€ |
| 1996 | D&N Construct03757439 · Danilovgrad | <0.1% | 31,268€ | No filing for 2024. | -1,110€ | -3.5% | 1 | 1,855€ |
| 1997 | Saas03035719 · Herceg Novi | <0.1% | 31,262€ | +13.6% | -6,852€ | -21.9% | 2 | 996€ |
| 1998 | Šampion Team 303221458 · Bijelo Polje | <0.1% | 31,155€ | +136.8% | 767€ | 2.5% | 1 | — |
| 1999 | Arhiline02986663 · Nikšić | <0.1% | 31,004€ | -6.8% | -5,565€ | -17.9% | 1 | 925€ |
| 2000 | DKD Gradnja03705340 · Rožaje | <0.1% | 30,745€ | +4,659.3% | 6,021€ | 19.6% | 1 | 1,192€ |