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 2101–2150 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* |
|---|
| 2101 | Ris Servis02855232 · Budva | <0.1% | 27,100€ | +383.7% | -9,254€ | -34.1% | 2 | 410€ |
| 2102 | Skela Group03668002 · Danilovgrad | <0.1% | 27,067€ | +46.5% | -542€ | -2.0% | 1 | 865€ |
| 2103 | Kaid03305449 · Ulcinj | <0.1% | 27,000€ | +2.5% | -20,073€ | -74.3% | 6 | 644€ |
| 2104 | QW Group03758052 · Bar | <0.1% | 26,917€ | No filing for 2024. | 2,049€ | 7.6% | 1 | 425€ |
| 2105 | Koralex03426653 · Budva | <0.1% | 26,880€ | +22.9% | 6,379€ | 23.7% | 1 | 1,341€ |
| 2106 | Hoti Gradnja03672549 · Bijelo Polje | <0.1% | 26,838€ | +878.8% | 586€ | 2.2% | 1 | 422€ |
| 2107 | Vlaha Gradnja03779360 · Podgorica | <0.1% | 26,656€ | No filing for 2024. | 13,055€ | 49.0% | 1 | — |
| 2108 | Blok 3202970651 · Podgorica | <0.1% | 26,653€ | -91.2% | 894€ | 3.4% | 1 | — |
| 2109 | Montesystem03632091 · Podgorica | <0.1% | 26,629€ | +160.7% | 8,327€ | 31.3% | 2 | 464€ |
| 2110 | Čukić Gradnja03407802 · Budva | <0.1% | 26,620€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,262€ | -34.8% | 1 | 670€ |
| 2111 | Sabos03741435 · Nikšić | <0.1% | 26,594€ | No filing for 2024. | 1,760€ | 6.6% | 2 | 437€ |
| 2112 | Krovna Limarija Alen03724140 · Berane | <0.1% | 26,508€ | No filing for 2024. | -4,541€ | -17.1% | 2 | 1,172€ |
| 2113 | Doriani Decor03397254 · Podgorica | <0.1% | 26,495€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 17,288€ | 65.3% | 1 | 636€ |
| 2114 | Aqua Boka03531635 · Herceg Novi | <0.1% | 26,447€ | -44.5% | 334€ | 1.3% | 1 | 1,783€ |
| 2115 | B&D Invest03706460 · Tivat | <0.1% | 26,437€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,162€ | 19.5% | 1 | 677€ |
| 2116 | Fortis Triumf03790487 · Bar | <0.1% | 26,345€ | No filing for 2024. | -12,525€ | -47.5% | 7 | — |
| 2117 | Đurović Alu & PVC03792676 · Podgorica | <0.1% | 26,322€ | No filing for 2024. | 819€ | 3.1% | 1 | — |
| 2118 | MM Ambient03575888 · Berane | <0.1% | 26,172€ | -8.9% | 785€ | 3.0% | 1 | 2,002€ |
| 2119 | Link Gradnja03774813 · Podgorica | <0.1% | 26,043€ | No filing for 2024. | -16,534€ | -63.5% | 0 | — |
| 2120 | Profi Mont03257347 · Bijelo Polje | <0.1% | 25,986€ | -41.4% | -18,633€ | -71.7% | 3 | 659€ |
| 2121 | Vizum03605884 · Nikšić | <0.1% | 25,850€ | +474.4% | 20,567€ | 79.6% | 1 | — |
| 2122 | NMV Invest03744477 · Nikšić | <0.1% | 25,847€ | No filing for 2024. | -147€ | -0.6% | 1 | 2,154€ |
| 2123 | H&J Construction03450716 · Bar | <0.1% | 25,846€ | +477.7% | -496,791€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 8 | 1,964€ |
| 2124 | Vest Company03696758 · Herceg Novi | <0.1% | 25,832€ | +427.2% | 3,362€ | 13.0% | 1 | 847€ |
| 2125 | M&M Constructions03150194 · Herceg Novi | <0.1% | 25,828€ | -35.4% | 3,452€ | 13.4% | 2 | 678€ |
| 2126 | Kočer Group03353737 · Bar | <0.1% | 25,820€ | +122,852.4% | 10,506€ | 40.7% | 2 | 408€ |
| 2127 | Tomić02751933 · Herceg Novi | <0.1% | 25,772€ | -32.1% | -38,190€ | -148.2% | 5 | 884€ |
| 2128 | Novogradnja02046407 · Podgorica | <0.1% | 25,622€ | -75.4% | -4,986€ | -19.5% | 1 | 452€ |
| 2129 | Kipariz Investment LTD03560619 · Podgorica | <0.1% | 25,608€ | +481.9% | 2,117€ | 8.3% | 1 | 528€ |
| 2130 | B - Invest02635763 · Bar | <0.1% | 25,493€ | +2,549,200.0% | -24,862€ | -97.5% | 1 | 4,147€ |
| 2131 | Hit Elektro03589072 · Bijelo Polje | <0.1% | 25,381€ | -27.9% | 369€ | 1.5% | 1 | 1,822€ |
| 2132 | Bradonjić Gradnja03706672 · Budva | <0.1% | 25,335€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,527€ | -17.9% | 2 | 689€ |
| 2133 | Urban Home Interior03745155 · Budva | <0.1% | 25,268€ | No filing for 2024. | 1,406€ | 5.6% | 4 | 311€ |
| 2134 | Limmont03682439 · Danilovgrad | <0.1% | 25,254€ | +76.5% | 2,781€ | 11.0% | 1 | 675€ |
| 2135 | Graco Color03731294 · Podgorica | <0.1% | 25,227€ | No filing for 2024. | -7,376€ | -29.2% | 1 | 2,510€ |
| 2136 | Limvent03128822 · Podgorica | <0.1% | 25,126€ | +217.6% | -3,482€ | -13.9% | 1 | 675€ |
| 2137 | VDS Voda03389707 · Podgorica | <0.1% | 25,032€ | -58.3% | -6,296€ | -25.2% | 2 | 1,079€ |
| 2138 | MN Build03379833 · Podgorica | <0.1% | 25,031€ | +161.3% | 7,551€ | 30.2% | 1 | 828€ |
| 2139 | Budimgrad03762530 · Berane | <0.1% | 24,969€ | No filing for 2024. | 8,031€ | 32.2% | 1 | 1,320€ |
| 2140 | J.V. Company03705528 · Nikšić | <0.1% | 24,892€ | +77.8% | 2,767€ | 11.1% | 1 | 1,200€ |
| 2141 | Ring Service02767970 · Bar | <0.1% | 24,886€ | +1.0% | 821€ | 3.3% | 1 | 683€ |
| 2142 | Novimek Group03340180 · Budva | <0.1% | 24,845€ | -77.4% | -3,069€ | -12.4% | 1 | 677€ |
| 2143 | Abe-Art03488098 · Bijelo Polje | <0.1% | 24,844€ | +192.4% | 832€ | 3.3% | 1 | — |
| 2144 | Mihema Kop03737691 · Zeta | <0.1% | 24,830€ | No filing for 2024. | 4,682€ | 18.9% | 1 | 565€ |
| 2145 | Zenunaj03626270 · Tuzi | <0.1% | 24,830€ | +52.6% | 1,332€ | 5.4% | 1 | 1,939€ |
| 2146 | Welder Mont03553400 · Danilovgrad | <0.1% | 24,820€ | -40.9% | 36€ | 0.1% | 1 | 767€ |
| 2147 | Felix.Co03357112 · Bijelo Polje | <0.1% | 24,818€ | +53.2% | 3,496€ | 14.1% | 1 | 1,602€ |
| 2148 | Aldimara Royal03788938 · Podgorica | <0.1% | 24,810€ | No filing for 2024. | 1,249€ | 5.0% | 1 | 616€ |
| 2149 | Mad TG Construction03599736 · Podgorica | <0.1% | 24,793€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -88,800€ | -358.2% | 1 | — |
| 2150 | Onyx Gradnja03699757 · Podgorica | <0.1% | 24,793€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 858€ | 3.5% | 1 | 678€ |