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 2301–2350 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* |
|---|
| 2301 | Unik Trade02720582 · Podgorica | <0.1% | 18,082€ | -0.4% | -10,912€ | -60.3% | 1 | 675€ |
| 2302 | B403393852 · Podgorica | <0.1% | 18,068€ | -54.5% | -16,922€ | -93.7% | 3 | 567€ |
| 2303 | Ei Electronics03188426 · Podgorica | <0.1% | 18,043€ | -51.6% | -6,127€ | -34.0% | 1 | 1,160€ |
| 2304 | R Consult&Contract03211479 · Budva | <0.1% | 18,000€ | -25.0% | 866€ | 4.8% | 1 | 924€ |
| 2305 | Skadar Mont02723212 · Herceg Novi | <0.1% | 18,000€ | +50.0% | -23,228€ | -129.0% | 2 | 671€ |
| 2306 | Elektro Sistemi Džabić03309827 · Podgorica | <0.1% | 17,993€ | -22.4% | -1,705€ | -9.5% | 1 | — |
| 2307 | Zeelde03659631 · Bijelo Polje | <0.1% | 17,980€ | +159.0% | 459€ | 2.6% | 1 | 1,207€ |
| 2308 | Titan Inženjering03681181 · Danilovgrad | <0.1% | 17,935€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 28,077€ | 156.5% | 1 | — |
| 2309 | Liv Electronics03755363 · Podgorica | <0.1% | 17,927€ | No filing for 2024. | 1,265€ | 7.1% | 1 | 898€ |
| 2310 | DS Gradnja03787664 · Herceg Novi | <0.1% | 17,883€ | No filing for 2024. | -1,216€ | -6.8% | 3 | — |
| 2311 | We Build03712133 · Ulcinj | <0.1% | 17,835€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,330€ | 7.5% | 2 | 676€ |
| 2312 | Apollo Systems03700780 · Podgorica | <0.1% | 17,710€ | +298.9% | 4,538€ | 25.6% | 1 | 744€ |
| 2313 | G-House03636569 · Nikšić | <0.1% | 17,698€ | +378.3% | 4,235€ | 23.9% | 1 | 677€ |
| 2314 | Gips Dekor02728583 · Podgorica | <0.1% | 17,689€ | +43.7% | -617€ | -3.5% | 1 | 643€ |
| 2315 | Monty Chveese03434052 · Podgorica | <0.1% | 17,610€ | +71.9% | 192€ | 1.1% | 1 | 718€ |
| 2316 | M-Montaža G.B.C.02952963 · Tivat | <0.1% | 17,535€ | -50.0% | -3,748€ | -21.4% | 1 | 340€ |
| 2317 | Uroš Tiles03457982 · Bijelo Polje | <0.1% | 17,504€ | +82.5% | 2,486€ | 14.2% | 2 | 610€ |
| 2318 | Gips Art Lainović03748588 · Budva | <0.1% | 17,490€ | No filing for 2024. | -614€ | -3.5% | 2 | 322€ |
| 2319 | Bualand Montenegro02666316 · Budva | <0.1% | 17,480€ | -58.3% | -16,461€ | -94.2% | 1 | 675€ |
| 2320 | Greda Kop03748910 · Zeta | <0.1% | 17,450€ | No filing for 2024. | 840€ | 4.8% | 1 | 1,050€ |
| 2321 | Formica Rufa03352030 · Kotor | <0.1% | 17,399€ | +569.2% | -12,012€ | -69.0% | 2 | 783€ |
| 2322 | MT Commerce03674185 · Berane | <0.1% | 17,390€ | +401.2% | -6,339€ | -36.5% | 2 | 977€ |
| 2323 | Ace Group03514854 · Ulcinj | <0.1% | 17,355€ | -73.1% | 1,464€ | 8.4% | 1 | 678€ |
| 2324 | Eko - Piva02649390 · Plužine | <0.1% | 17,329€ | -91.7% | -23,255€ | -134.2% | 1 | 1,624€ |
| 2325 | L&T03301141 · Bijelo Polje | <0.1% | 17,322€ | +98.3% | -28,130€ | -162.4% | 2 | 1,890€ |
| 2326 | Građevinska Limarija Hubert03504506 · Podgorica | <0.1% | 17,254€ | +13.8% | -13,620€ | -78.9% | 1 | 923€ |
| 2327 | Alea Inženjering03379531 · Podgorica | <0.1% | 17,217€ | -39.0% | -17,937€ | -104.2% | 2 | 1,120€ |
| 2328 | Doktor Moler03714969 · Herceg Novi | <0.1% | 17,177€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,399€ | -48.9% | 2 | 488€ |
| 2329 | Bodo In the House03592383 · Podgorica | <0.1% | 17,102€ | -8.0% | -4,474€ | -26.2% | 1 | 937€ |
| 2330 | Bajrami.Bau03556301 · Budva | <0.1% | 17,052€ | -26.1% | 3,473€ | 20.4% | 1 | 766€ |
| 2331 | Prom Company03631702 · Berane | <0.1% | 16,870€ | +23.3% | 1,433€ | 8.5% | 1 | 1,186€ |
| 2332 | Protok03329739 · Podgorica | <0.1% | 16,850€ | -14.3% | -2,780€ | -16.5% | 2 | 780€ |
| 2333 | Prof Air Mne03012212 · Budva | <0.1% | 16,800€ | -52.1% | 2,592€ | 15.4% | 1 | 845€ |
| 2334 | Gradcg Gradnja03531082 · Podgorica | <0.1% | 16,762€ | +16.3% | 1,376€ | 8.2% | 1 | 785€ |
| 2335 | Sas Veritas03320499 · Bar | <0.1% | 16,750€ | +279.8% | 6,799€ | 40.6% | 1 | 677€ |
| 2336 | Vodopad03541061 · Budva | <0.1% | 16,711€ | +77.1% | -587€ | -3.5% | 1 | 793€ |
| 2337 | Fix & Improve03718921 · Nikšić | <0.1% | 16,684€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 436€ | 2.6% | 1 | 929€ |
| 2338 | Gale M.G.03605728 · Herceg Novi | <0.1% | 16,650€ | +10.6% | -433€ | -2.6% | 2 | 678€ |
| 2339 | Art Molerski Tim03671658 · Podgorica | <0.1% | 16,640€ | +26.4% | 783€ | 4.7% | 1 | 678€ |
| 2340 | Gipso Art03762718 · Podgorica | <0.1% | 16,615€ | No filing for 2024. | -542€ | -3.3% | 3 | 474€ |
| 2341 | Eko-Kika Gradnja03574962 · Herceg Novi | <0.1% | 16,600€ | +121.3% | 1,058€ | 6.4% | 1 | 678€ |
| 2342 | Aqualia Intech S.A03110940 · Podgorica | <0.1% | 16,574€ | +6,777.2% | -12,082€ | -72.9% | 0 | — |
| 2343 | Forma Solutions03703231 · Bijelo Polje | <0.1% | 16,553€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 12,474€ | 75.4% | 1 | 339€ |
| 2344 | Imperial Construction03355209 · Tuzi | <0.1% | 16,507€ | -99.2% | 1,408€ | 8.5% | 1 | 338€ |
| 2345 | BB Decor03704173 · Podgorica | <0.1% | 16,455€ | +322.8% | -3,423€ | -20.8% | 1 | 677€ |
| 2346 | Mudreša Enterijer03661725 · Cetinje | <0.1% | 16,450€ | +143.7% | -2,264€ | -13.8% | 1 | 678€ |
| 2347 | Danzar02748649 · Budva | <0.1% | 16,372€ | -10.8% | -19,488€ | -119.0% | 2 | 966€ |
| 2348 | Radović Elektro03774074 · Danilovgrad | <0.1% | 16,330€ | No filing for 2024. | 9,985€ | 61.1% | 1 | 426€ |
| 2349 | Dupla Spirala03673235 · Herceg Novi | <0.1% | 16,317€ | 0.0% | -1,038€ | -6.4% | 2 | 471€ |
| 2350 | Vbi03680304 · Bar | <0.1% | 16,242€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,437€ | 8.8% | 1 | 1,026€ |