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 2351–2400 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* |
|---|
| 2351 | Dimk03244903 · Budva | <0.1% | 16,152€ | +59.2% | 55€ | 0.3% | 1 | 930€ |
| 2352 | VVM Plast03429431 · Berane | <0.1% | 16,145€ | +7.2% | 3,362€ | 20.8% | 1 | 708€ |
| 2353 | Keramičarske Usluge Mozaik03499189 · Pljevlja | <0.1% | 16,027€ | +56.2% | 355€ | 2.2% | 1 | 941€ |
| 2354 | Taurus Real Estate03660885 · Budva | <0.1% | 16,014€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -61,885€ | -386.4% | 1 | 3,172€ |
| 2355 | Taysi Montenegro03741451 · Budva | <0.1% | 15,992€ | No filing for 2024. | -4,521€ | -28.3% | 3 | — |
| 2356 | S - Pred02273934 · Podgorica | <0.1% | 15,926€ | -66.3% | -5,638€ | -35.4% | 1 | 678€ |
| 2357 | Pastro Vecchio02103354 · Budva | <0.1% | 15,894€ | -42.0% | -8,878€ | -55.9% | 2 | 670€ |
| 2358 | Hanny Decor03702235 · Podgorica | <0.1% | 15,866€ | +46.0% | -1,488€ | -9.4% | 1 | 1,279€ |
| 2359 | Delta Inženjering02864690 · Pljevlja | <0.1% | 15,803€ | -32.5% | -15,010€ | -95.0% | 1 | 848€ |
| 2360 | Vik Hidro03804321 · Bar | <0.1% | 15,800€ | No filing for 2024. | 9,924€ | 62.8% | 2 | — |
| 2361 | Monteparus03659259 · Herceg Novi | <0.1% | 15,770€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 558€ | 3.5% | 1 | 880€ |
| 2362 | Emin Bau Company03789845 · Bijelo Polje | <0.1% | 15,748€ | No filing for 2024. | 5,673€ | 36.0% | 2 | — |
| 2363 | Jadran Inženjering Grupa03296261 · Podgorica | <0.1% | 15,660€ | -3.9% | -7,395€ | -47.2% | 2 | 802€ |
| 2364 | 5 Februar03526445 · Tivat | <0.1% | 15,650€ | +177.0% | 1,151€ | 7.4% | 1 | 889€ |
| 2365 | Nivelator03384799 · Podgorica | <0.1% | 15,623€ | -73.5% | -14,780€ | -94.6% | 2 | 675€ |
| 2366 | Topprotect03768708 · Herceg Novi | <0.1% | 15,555€ | No filing for 2024. | 1,398€ | 9.0% | 1 | 525€ |
| 2367 | Afma Company03485951 · Budva | <0.1% | 15,552€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,773€ | -107.9% | 4 | 645€ |
| 2368 | HK Engineering03688097 · Budva | <0.1% | 15,530€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,732€ | 11.2% | 1 | 697€ |
| 2369 | Alliance A103458423 · Budva | <0.1% | 15,526€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,406€ | 41.3% | 1 | 676€ |
| 2370 | Iskopi Raičevine03738892 · Podgorica | <0.1% | 15,500€ | No filing for 2024. | 7,499€ | 48.4% | 1 | 304€ |
| 2371 | Master Haus03436381 · Bar | <0.1% | 15,347€ | +7,314.0% | 6,445€ | 42.0% | 1 | — |
| 2372 | MS Gradnja CG03797074 · Podgorica | <0.1% | 15,313€ | No filing for 2024. | 5,161€ | 33.7% | 0 | — |
| 2373 | HP-Home03038351 · Bar | <0.1% | 15,289€ | -28.4% | -10,195€ | -66.7% | 2 | 508€ |
| 2374 | Kaskad02811146 · Budva | <0.1% | 15,266€ | -66.8% | 266€ | 1.7% | 1 | 678€ |
| 2375 | Profi Tiles03737225 · Zeta | <0.1% | 15,240€ | No filing for 2024. | 181€ | 1.2% | 2 | 570€ |
| 2376 | DS Invest03363805 · Bijelo Polje | <0.1% | 15,204€ | -55.8% | -25,931€ | -170.6% | 2 | 513€ |
| 2377 | Simić Majstor03299287 · Tivat | <0.1% | 15,170€ | -39.4% | 6,114€ | 40.3% | 2 | — |
| 2378 | S.A.W. Constructions and More03613682 · Bar | <0.1% | 15,115€ | +188.5% | 958€ | 6.3% | 2 | 582€ |
| 2379 | Sli02389045 · Budva | <0.1% | 15,000€ | +58.9% | -46,222€ | -308.1% | 1 | 1,157€ |
| 2380 | Transworld03733629 · Herceg Novi | <0.1% | 15,000€ | No filing for 2024. | 6,995€ | 46.6% | 1 | 492€ |
| 2381 | Estrich03282520 · Budva | <0.1% | 15,000€ | +66.7% | 3,320€ | 22.1% | 1 | 677€ |
| 2382 | Monte Vend03284310 · Budva | <0.1% | 15,000€ | -78.7% | 5,752€ | 38.3% | 1 | 678€ |
| 2383 | Zaječar Gips03234703 · Bar | <0.1% | 15,000€ | +200.0% | -1,444€ | -9.6% | 2 | 675€ |
| 2384 | Denalli03303411 · Budva | <0.1% | 14,925€ | -33.6% | -2,537€ | -17.0% | 2 | 675€ |
| 2385 | Stanić ZB03662110 · Podgorica | <0.1% | 14,920€ | +106.6% | 1,409€ | 9.4% | 2 | 554€ |
| 2386 | SP- Ing02699320 · Kotor | <0.1% | 14,850€ | +33.2% | 1,197€ | 8.1% | 1 | 448€ |
| 2387 | Atv Smart System03318184 · Podgorica | <0.1% | 14,825€ | -57.4% | 3,249€ | 21.9% | 1 | 346€ |
| 2388 | Univerzal Radmanci03704629 · Petnjica | <0.1% | 14,807€ | +10,111.7% | -4,229€ | -28.6% | 2 | 671€ |
| 2389 | Qi Zai03763366 · Cetinje | <0.1% | 14,797€ | No filing for 2024. | 1,860€ | 12.6% | 1 | — |
| 2390 | Beteiligung 52 Otpadne Vode Budva02767899 · Podgorica | <0.1% | 14,782€ | -100.0% | -206,906€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 3,794€ |
| 2391 | 3D Ing03343642 · Podgorica | <0.1% | 14,722€ | +22.5% | -2,317€ | -15.7% | 1 | 675€ |
| 2392 | Andor03416828 · Herceg Novi | <0.1% | 14,708€ | +200.2% | -3,246€ | -22.1% | 2 | 684€ |
| 2393 | Fax - Bau03165191 · Budva | <0.1% | 14,706€ | +267.7% | -3,739€ | -25.4% | 1 | 1,341€ |
| 2394 | Elpro Company03520269 · Bijelo Polje | <0.1% | 14,700€ | -80.8% | -1,410€ | -9.6% | 1 | 507€ |
| 2395 | Osmani Gradnja03478041 · Bar | <0.1% | 14,700€ | +390.0% | 6,249€ | 42.5% | 1 | 677€ |
| 2396 | SMD03487580 · Herceg Novi | <0.1% | 14,680€ | +52.0% | 1,720€ | 11.7% | 1 | 677€ |
| 2397 | Bambi Invest03475611 · Bijelo Polje | <0.1% | 14,651€ | +50.6% | -18,628€ | -127.1% | 2 | 1,109€ |
| 2398 | Epoxy Bros03700062 | <0.1% | 14,599€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,906€ | -225.4% | 1 | 675€ |
| 2399 | W.D. Concord West03687414 · Podgorica | <0.1% | 14,555€ | +1,155.8% | 0€ | 0.0% | 0 | — |
| 2400 | Novokub03523853 · Bar | <0.1% | 14,551€ | -21.3% | 140€ | 1.0% | 1 | 1,027€ |