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 2151–2200 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* |
|---|
| 2151 | Sisgen S.R.L. Montenegro Branch03677419 · Podgorica | <0.1% | 24,747€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,078€ | 28.6% | 0 | — |
| 2152 | Imobilia02415810 · Budva | <0.1% | 24,650€ | -68.9% | -288,300€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 453€ |
| 2153 | SBTB Gradnja03763404 · Podgorica | <0.1% | 24,632€ | No filing for 2024. | 2,875€ | 11.7% | 2 | 491€ |
| 2154 | Ni & sa Building Import and Export03635481 · Bar | <0.1% | 24,488€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,132€ | 37.3% | 1 | 1,274€ |
| 2155 | CF - Lucrum02917866 · Kotor | <0.1% | 24,430€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,329€ | 46.4% | 1 | — |
| 2156 | GS Electro03790231 · Ulcinj | <0.1% | 24,380€ | No filing for 2024. | 1,062€ | 4.4% | 1 | 315€ |
| 2157 | Zlatni Rad03597008 · Bar | <0.1% | 24,364€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -364€ | -1.5% | 3 | 606€ |
| 2158 | Var Sistem03334104 · Podgorica | <0.1% | 24,361€ | +36.8% | 424€ | 1.7% | 1 | 677€ |
| 2159 | Vim Gradnja03700836 · Nikšić | <0.1% | 24,335€ | -2.5% | 841€ | 3.5% | 2 | 675€ |
| 2160 | Erbal03359573 · Podgorica | <0.1% | 24,321€ | -50.1% | -17,538€ | -72.1% | 1 | 929€ |
| 2161 | Đukić Group Gradnja03655415 · Berane | <0.1% | 24,292€ | +132.1% | 4,039€ | 16.6% | 1 | 1,582€ |
| 2162 | CG Mep03725618 · Danilovgrad | <0.1% | 24,287€ | No filing for 2024. | 3,543€ | 14.6% | 2 | — |
| 2163 | Adastra Invest03576175 · Tivat | <0.1% | 24,276€ | +2,427,500.0% | -4,226€ | -17.4% | 2 | 929€ |
| 2164 | Keramika DJNS03683575 · Budva | <0.1% | 24,189€ | +5,275.3% | 3,505€ | 14.5% | 1 | 802€ |
| 2165 | VA&ST Strong03312569 · Bar | <0.1% | 24,186€ | -17.3% | -13,394€ | -55.4% | 4 | 561€ |
| 2166 | Gipspro03644600 · Podgorica | <0.1% | 24,129€ | -1.9% | 81€ | 0.3% | 2 | 675€ |
| 2167 | Ar Dash03545601 · Budva | <0.1% | 24,107€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,134€ | -33.7% | 1 | 1,051€ |
| 2168 | Stratex02628546 · Budva | <0.1% | 24,003€ | +8.6% | -104,686€ | -436.1% | 1 | 677€ |
| 2169 | Tip-Top Jovanovic03345424 · Budva | <0.1% | 23,975€ | -36.4% | -10,680€ | -44.5% | 3 | 563€ |
| 2170 | Bojic Mont03351114 · Budva | <0.1% | 23,939€ | -18.3% | 402€ | 1.7% | 2 | — |
| 2171 | MB Sistem03746267 · Danilovgrad | <0.1% | 23,828€ | No filing for 2024. | -2,885€ | -12.1% | 0 | — |
| 2172 | MSD Gradnja03643409 · Podgorica | <0.1% | 23,772€ | -59.6% | 5,691€ | 23.9% | 1 | 1,183€ |
| 2173 | Rusmetal03729834 · Podgorica | <0.1% | 23,729€ | No filing for 2024. | 2,384€ | 10.0% | 0 | — |
| 2174 | Fulgur It03433480 · Bar | <0.1% | 23,640€ | -5.5% | 216€ | 0.9% | 2 | 896€ |
| 2175 | Reneva Group Mne03307301 · Budva | <0.1% | 23,538€ | +15.3% | -18,058€ | -76.7% | 1 | 450€ |
| 2176 | Bomar Pro03715990 · Budva | <0.1% | 23,509€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,101€ | 8.9% | 2 | 836€ |
| 2177 | Rajović Elektro03599205 · Budva | <0.1% | 23,475€ | -5.5% | -8,022€ | -34.2% | 2 | 675€ |
| 2178 | Sofir03403548 · Podgorica | <0.1% | 23,348€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,456€ | 23.4% | 1 | 452€ |
| 2179 | Dajević Kompani02721961 · Pljevlja | <0.1% | 23,272€ | -8.6% | -10,219€ | -43.9% | 1 | 677€ |
| 2180 | Čelina Mont03734935 · Cetinje | <0.1% | 23,242€ | No filing for 2024. | 2,195€ | 9.4% | 1 | 924€ |
| 2181 | HS Dienstleistungen03495566 · Bar | <0.1% | 23,202€ | -58.5% | -13,281€ | -57.2% | 1 | 924€ |
| 2182 | Coridor Plus03359484 · Danilovgrad | <0.1% | 23,194€ | -73.5% | -7,914€ | -34.1% | 1 | 678€ |
| 2183 | E&E Construction03746453 · Tuzi | <0.1% | 23,184€ | No filing for 2024. | -1,348€ | -5.8% | 2 | 941€ |
| 2184 | Fima Estate03484726 · Kotor | <0.1% | 23,180€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,205€ | -44.0% | 4 | 469€ |
| 2185 | Herc Gradnja CG03111229 · Herceg Novi | <0.1% | 23,000€ | -91.9% | -301,839€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 778€ |
| 2186 | Mareling-Project03481603 · Podgorica | <0.1% | 22,907€ | +43.4% | 1,401€ | 6.1% | 1 | 1,264€ |
| 2187 | Monte Trio Company03723780 · Bijelo Polje | <0.1% | 22,827€ | No filing for 2024. | -12,355€ | -54.1% | 1 | 1,301€ |
| 2188 | Bonor02904411 · Podgorica | <0.1% | 22,811€ | -33.7% | -1,999€ | -8.8% | 1 | 338€ |
| 2189 | Ves Group03493725 · Herceg Novi | <0.1% | 22,777€ | -28.8% | -2,803€ | -12.3% | 2 | 811€ |
| 2190 | Si Monter03491897 · Zeta | <0.1% | 22,594€ | +7.2% | 910€ | 4.0% | 1 | 619€ |
| 2191 | Art Dekor Dulović03575055 · Bijelo Polje | <0.1% | 22,586€ | -10.6% | 2,811€ | 12.4% | 1 | 1,450€ |
| 2192 | Esit Tek03522423 · Podgorica | <0.1% | 22,517€ | -0.6% | -1,696€ | -7.5% | 1 | 515€ |
| 2193 | Delić Lux03570746 · Tivat | <0.1% | 22,492€ | -68.7% | -13,887€ | -61.7% | 2 | 963€ |
| 2194 | Mauer03318141 · Berane | <0.1% | 22,472€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,008€ | -146.9% | 3 | 1,538€ |
| 2195 | Damaks03684237 · Podgorica | <0.1% | 22,386€ | +18.1% | 76€ | 0.3% | 1 | 916€ |
| 2196 | Mal & BS03300170 · Podgorica | <0.1% | 22,356€ | -8.0% | -1,369€ | -6.1% | 1 | — |
| 2197 | K&K Fasade03780422 · Podgorica | <0.1% | 22,297€ | No filing for 2024. | 6,032€ | 27.1% | 1 | 392€ |
| 2198 | M&N Mont03647455 · Tivat | <0.1% | 22,280€ | -19.8% | 740€ | 3.3% | 1 | 338€ |
| 2199 | MTM Electrics03745244 · Nikšić | <0.1% | 22,278€ | No filing for 2024. | -5,756€ | -25.8% | 5 | 391€ |
| 2200 | MPD Elektro03314057 · Tivat | <0.1% | 22,257€ | +18.1% | -9,719€ | -43.7% | 1 | 675€ |