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 2201–2250 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* |
|---|
| 2201 | VT-Gradnja03748936 · Nikšić | <0.1% | 22,250€ | No filing for 2024. | 641€ | 2.9% | 2 | 872€ |
| 2202 | Gligorije03628639 · Berane | <0.1% | 22,243€ | +15.9% | -3,946€ | -17.7% | 1 | 2,166€ |
| 2203 | Cop Montenegro03166252 · Podgorica | <0.1% | 22,218€ | +7.5% | -7,982€ | -35.9% | 1 | 677€ |
| 2204 | Ankrinex03569837 · Podgorica | <0.1% | 22,153€ | -7.8% | -1,984€ | -9.0% | 1 | 1,402€ |
| 2205 | Mikač Group03761690 · Budva | <0.1% | 22,072€ | No filing for 2024. | 11,612€ | 52.6% | 1 | 387€ |
| 2206 | Boja03690113 · Podgorica | <0.1% | 21,945€ | No filing for 2024. | -67,653€ | -308.3% | 0 | — |
| 2207 | Aytem Pool Montenegro03469832 · Budva | <0.1% | 21,886€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 10,745€ | 49.1% | 1 | 928€ |
| 2208 | Peko Gradnja03634787 · Podgorica | <0.1% | 21,833€ | -17.6% | -8,111€ | -37.2% | 1 | 677€ |
| 2209 | Ventus Adriatic Podgorica03548384 · Podgorica | <0.1% | 21,694€ | +333.9% | -10,229€ | -47.2% | 1 | 967€ |
| 2210 | Ris Komerc02774801 · Nikšić | <0.1% | 21,690€ | -13.1% | 2,417€ | 11.1% | 1 | 677€ |
| 2211 | Crido02952998 · Kotor | <0.1% | 21,675€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -73,246€ | -337.9% | 1 | 734€ |
| 2212 | Inter Stil Rajković03713059 · Berane | <0.1% | 21,614€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,353€ | 6.3% | 2 | 685€ |
| 2213 | Amar-Armen03181855 · Bijelo Polje | <0.1% | 21,557€ | +56.1% | 5,841€ | 27.1% | 1 | 1,271€ |
| 2214 | Entero Dekor03428729 · Budva | <0.1% | 21,545€ | +259.1% | 3,272€ | 15.2% | 1 | 1,383€ |
| 2215 | Lux House03045960 · Podgorica | <0.1% | 21,489€ | -82.9% | 249€ | 1.2% | 3 | 590€ |
| 2216 | Agro Suljević03286789 · Bijelo Polje | <0.1% | 21,456€ | +96.6% | -1,972€ | -9.2% | 1 | 1,772€ |
| 2217 | Altacus03320669 · Podgorica | <0.1% | 21,368€ | -50.9% | 479€ | 2.2% | 1 | 675€ |
| 2218 | Pin Moleraj03700038 · Podgorica | <0.1% | 21,357€ | +1,425.5% | 2,977€ | 13.9% | 2 | 678€ |
| 2219 | NP Group03121798 · Podgorica | <0.1% | 21,276€ | -7.0% | 25€ | 0.1% | 1 | 760€ |
| 2220 | RL Gradnja03482537 · Budva | <0.1% | 21,211€ | -2.8% | -23,769€ | -112.1% | 2 | 642€ |
| 2221 | Plastal Plus03335925 · Berane | <0.1% | 21,137€ | +18.2% | 2,219€ | 10.5% | 1 | 1,015€ |
| 2222 | Regal Furniture03741559 · Zeta | <0.1% | 21,130€ | No filing for 2024. | -784€ | -3.7% | 0 | — |
| 2223 | Raičević Gradnja03544591 · Herceg Novi | <0.1% | 21,130€ | -31.0% | 824€ | 3.9% | 2 | 301€ |
| 2224 | Acp Adriatico03705919 · Budva | <0.1% | 21,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,594€ | 7.6% | 1 | 916€ |
| 2225 | Filkrs03337944 · Nikšić | <0.1% | 21,010€ | +8.1% | -1,838€ | -8.7% | 1 | 844€ |
| 2226 | Igc Mne03430561 · Tivat | <0.1% | 21,000€ | -20.7% | 5,172€ | 24.6% | 1 | — |
| 2227 | WL Gradnja03567346 · Berane | <0.1% | 20,978€ | -15.6% | -9,720€ | -46.3% | 1 | 1,694€ |
| 2228 | Pro Paint03386155 · Ulcinj | <0.1% | 20,936€ | -22.1% | 1,688€ | 8.1% | 1 | 675€ |
| 2229 | BD Inženjering02964350 · Podgorica | <0.1% | 20,899€ | +12.9% | 4,198€ | 20.1% | 2 | 678€ |
| 2230 | Karim Bau03597687 · Rožaje | <0.1% | 20,857€ | -17.4% | -17,126€ | -82.1% | 1 | 3,131€ |
| 2231 | Pjeskarenje Drašković03745899 · Nikšić | <0.1% | 20,790€ | No filing for 2024. | -5,706€ | -27.4% | 1 | 835€ |
| 2232 | Aco Decor03417433 · Podgorica | <0.1% | 20,773€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,428€ | 35.8% | 1 | 383€ |
| 2233 | MD Elektro Group03343987 · Bar | <0.1% | 20,659€ | -26.8% | -3,210€ | -15.5% | 1 | 807€ |
| 2234 | Gavrad Construction Company Montenegro02893118 · Herceg Novi | <0.1% | 20,433€ | -95.9% | -18,834€ | -92.2% | 1 | 2,600€ |
| 2235 | NDL Marić03089959 · Tivat | <0.1% | 20,433€ | +444.9% | 1,786€ | 8.7% | 1 | 897€ |
| 2236 | A&A Company 199303665232 · Berane | <0.1% | 20,400€ | +150.7% | 545€ | 2.7% | 1 | 1,568€ |
| 2237 | Antikor Mne03760138 · Podgorica | <0.1% | 20,378€ | No filing for 2024. | 400€ | 2.0% | 4 | — |
| 2238 | M&I the Best03000109 · Podgorica | <0.1% | 20,369€ | -10.5% | 3,435€ | 16.9% | 1 | 678€ |
| 2239 | Granix Art03496961 · Podgorica | <0.1% | 20,330€ | -52.0% | 1,517€ | 7.5% | 1 | 675€ |
| 2240 | Ivanof Company03530914 · Budva | <0.1% | 20,294€ | -65.0% | -1,739€ | -8.6% | 1 | 1,517€ |
| 2241 | Daka Tim03686736 · Plav | <0.1% | 20,289€ | -8.6% | -2,178€ | -10.7% | 1 | 1,532€ |
| 2242 | BB Projects03778819 · Budva | <0.1% | 20,280€ | No filing for 2024. | -3,975€ | -19.6% | 1 | — |
| 2243 | SBD Vukić Company03386619 · Berane | <0.1% | 20,265€ | +10.4% | -3,496€ | -17.3% | 2 | 853€ |
| 2244 | Dunja Express03384896 · Berane | <0.1% | 20,172€ | -6.6% | -76€ | -0.4% | 1 | 1,582€ |
| 2245 | First Seafront Estate02692368 · Podgorica | <0.1% | 20,119€ | +81.9% | -32,596€ | -162.0% | 1 | 4,370€ |
| 2246 | Kafer Invest03765733 · Podgorica | <0.1% | 20,060€ | No filing for 2024. | -7,711€ | -38.4% | 1 | — |
| 2247 | Elektro Link03558410 · Mojkovac | <0.1% | 20,049€ | -12.4% | 1,117€ | 5.6% | 1 | 922€ |
| 2248 | Montecore403793222 · Podgorica | <0.1% | 20,010€ | No filing for 2024. | 1,098€ | 5.5% | 1 | — |
| 2249 | Adriaticom03130550 · Budva | <0.1% | 20,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,663€ | -83.3% | 1 | 840€ |
| 2250 | Kalaja 202503795934 · Tuzi | <0.1% | 20,000€ | No filing for 2024. | 8,923€ | 44.6% | 0 | — |