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 2001–2050 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* |
|---|
| 2001 | Knežević - Cop03266966 · Tivat | <0.1% | 30,717€ | +35.4% | -8,255€ | -26.9% | 2 | 680€ |
| 2002 | Alex Construction Montenegro02954532 · Podgorica | <0.1% | 30,716€ | +63.4% | -3,931€ | -12.8% | 1 | 2,538€ |
| 2003 | El - In02691698 · Podgorica | <0.1% | 30,690€ | -31.7% | -10,822€ | -35.3% | 1 | 820€ |
| 2004 | Noel's Group03644308 · Ulcinj | <0.1% | 30,580€ | +7.0% | -6,943€ | -22.7% | 1 | 678€ |
| 2005 | Frdžo Izgradnja03632741 · Petnjica | <0.1% | 30,505€ | +111.6% | 17,289€ | 56.7% | 1 | 1,015€ |
| 2006 | Neno Company03245217 · Herceg Novi | <0.1% | 30,450€ | -14.9% | 6,719€ | 22.1% | 1 | 962€ |
| 2007 | Blind02424967 · Bar | <0.1% | 30,438€ | -56.8% | -42,037€ | -138.1% | 3 | 678€ |
| 2008 | Via Group03735320 · Tivat | <0.1% | 30,426€ | No filing for 2024. | 5,392€ | 17.7% | 1 | 1,940€ |
| 2009 | Fuad&Belo03680665 · Berane | <0.1% | 30,361€ | +189.2% | 3,425€ | 11.3% | 1 | 2,226€ |
| 2010 | L.G. Gradnja03507564 · Budva | <0.1% | 30,289€ | -37.5% | -6,989€ | -23.1% | 1 | 679€ |
| 2011 | Furundžić Group03705757 · Bijelo Polje | <0.1% | 30,188€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,361€ | 4.5% | 3 | 544€ |
| 2012 | SD Elektro02765390 · Budva | <0.1% | 30,166€ | +5.8% | -1,765€ | -5.9% | 1 | 1,168€ |
| 2013 | Demit Fasade Duraković03772195 · Podgorica | <0.1% | 30,165€ | No filing for 2024. | 12,899€ | 42.8% | 4 | — |
| 2014 | Nefa Electric03754758 · Podgorica | <0.1% | 30,145€ | No filing for 2024. | 13,908€ | 46.1% | 1 | 799€ |
| 2015 | Infinit03234398 · Ulcinj | <0.1% | 30,123€ | No filing for 2024. | -2,567€ | -8.5% | 0 | — |
| 2016 | Lift Up03417468 · Podgorica | <0.1% | 30,070€ | -58.6% | 1,126€ | 3.7% | 1 | 678€ |
| 2017 | Krismar03127699 · Bijelo Polje | <0.1% | 30,069€ | -49.4% | -13,107€ | -43.6% | 1 | 675€ |
| 2018 | Algiz03143929 · Bar | <0.1% | 30,000€ | 0.0% | 814€ | 2.7% | 1 | 678€ |
| 2019 | Mont Lux Bau03477509 · Bar | <0.1% | 30,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,707€ | 19.0% | 3 | — |
| 2020 | M u J Managament and Controling03752372 · Bar | <0.1% | 30,000€ | No filing for 2024. | 17,202€ | 57.3% | 1 | 701€ |
| 2021 | Toronto03338878 · Herceg Novi | <0.1% | 30,000€ | +566.7% | 19,242€ | 64.1% | 1 | — |
| 2022 | Zentesmep03777154 · Podgorica | <0.1% | 29,998€ | No filing for 2024. | 4,421€ | 14.7% | 3 | 449€ |
| 2023 | Kremen03430138 · Budva | <0.1% | 29,985€ | -35.1% | -5,989€ | -20.0% | 3 | 804€ |
| 2024 | Hidropro Mne03449955 · Podgorica | <0.1% | 29,983€ | +118.7% | 8,579€ | 28.6% | 1 | 452€ |
| 2025 | Aqua_s03420604 · Bijelo Polje | <0.1% | 29,962€ | +0.7% | -32,024€ | -106.9% | 3 | 986€ |
| 2026 | Nišavić Gradnja03473848 · Bijelo Polje | <0.1% | 29,922€ | -62.7% | -12,340€ | -41.2% | 4 | 708€ |
| 2027 | Dubova02976471 · Bar | <0.1% | 29,906€ | -70.6% | -28,982€ | -96.9% | 1 | 1,003€ |
| 2028 | Ceramix 2203740579 · Podgorica | <0.1% | 29,884€ | No filing for 2024. | -5,254€ | -17.6% | 1 | 2,153€ |
| 2029 | Suhan Adriatic Service03329305 · Bar | <0.1% | 29,865€ | +58.9% | 15,123€ | 50.6% | 1 | 678€ |
| 2030 | Wall Me03651711 · Podgorica | <0.1% | 29,819€ | +35.6% | -39,996€ | -134.1% | 3 | 1,141€ |
| 2031 | Lim Gradnja03248810 · Berane | <0.1% | 29,773€ | -50.2% | -33,717€ | -113.2% | 2 | 1,551€ |
| 2032 | Univerzalci03205070 · Nikšić | <0.1% | 29,770€ | +167.7% | 10,514€ | 35.3% | 1 | 488€ |
| 2033 | Saver Doker03636739 · Nikšić | <0.1% | 29,603€ | -48.3% | 588€ | 2.0% | 3 | 686€ |
| 2034 | Wizard Gradnja03701417 · Bijelo Polje | <0.1% | 29,598€ | +71.1% | -6,262€ | -21.2% | 2 | 1,192€ |
| 2035 | Ephesus Import Export Trade03241220 · Budva | <0.1% | 29,575€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 16,130€ | 54.5% | 1 | 976€ |
| 2036 | The Best Construction03762173 · Tivat | <0.1% | 29,551€ | No filing for 2024. | 10,446€ | 35.3% | 1 | 415€ |
| 2037 | Zvis Inženjering03343014 · Budva | <0.1% | 29,547€ | +184.1% | 6,520€ | 22.1% | 1 | 1,254€ |
| 2038 | Kamen Osmanović03672832 · Berane | <0.1% | 29,535€ | +114.2% | -100€ | -0.3% | 2 | 1,015€ |
| 2039 | Mezopotamija Company03787362 · Tivat | <0.1% | 29,500€ | No filing for 2024. | -5,194€ | -17.6% | 1 | — |
| 2040 | Masterkof-Mne03493032 · Budva | <0.1% | 29,500€ | +1,743.8% | 17,873€ | 60.6% | 1 | 670€ |
| 2041 | Gosolar03298086 · Podgorica | <0.1% | 29,422€ | -70.7% | -5,758€ | -19.6% | 1 | 1,016€ |
| 2042 | Romfort03534847 · Tivat | <0.1% | 29,388€ | +93.5% | 3,022€ | 10.3% | 2 | 509€ |
| 2043 | Dropo03174123 · Podgorica | <0.1% | 29,370€ | -1.6% | 2,645€ | 9.0% | 1 | 1,046€ |
| 2044 | Bar-E Company A&D&O03656829 · Bar | <0.1% | 29,266€ | +75.7% | -1,335€ | -4.6% | 1 | 2,488€ |
| 2045 | Montenegro Oprema03306763 · Podgorica | <0.1% | 29,248€ | -19.0% | -4,512€ | -15.4% | 1 | 1,223€ |
| 2046 | NND Medo03488667 · Berane | <0.1% | 29,115€ | -13.1% | -2,633€ | -9.0% | 1 | 2,562€ |
| 2047 | Edo Gradnja03335968 · Berane | <0.1% | 29,006€ | +173.6% | 4,229€ | 14.6% | 1 | 1,406€ |
| 2048 | Vešović Company03715400 · Budva | <0.1% | 29,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,504€ | 19.0% | 0 | — |
| 2049 | Victory Gradnja03624994 · Tuzi | <0.1% | 28,981€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,033€ | -24.3% | 1 | 366€ |
| 2050 | Montenegrimmo03447405 · Budva | <0.1% | 28,974€ | +965,700.0% | 714€ | 2.5% | 1 | 483€ |