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 2851–2900 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* |
|---|
| 2851 | Velora03727475 · Budva | <0.1% | 2,400€ | No filing for 2024. | -4,445€ | -185.2% | 1 | 563€ |
| 2852 | Go Palmas03739007 · Bar | <0.1% | 2,400€ | No filing for 2024. | -3,893€ | -162.2% | 1 | 501€ |
| 2853 | Olschewski Tiefbau03498824 · Ulcinj | <0.1% | 2,400€ | -78.3% | -9,738€ | -405.8% | 1 | 678€ |
| 2854 | SK Color Desing03123162 · Tivat | <0.1% | 2,373€ | -85.7% | -9,292€ | -391.6% | 4 | — |
| 2855 | Air and Sun Solutions03451747 · Podgorica | <0.1% | 2,366€ | -83.7% | -7,766€ | -328.2% | 1 | — |
| 2856 | One For All03131548 · Tivat | <0.1% | 2,314€ | +50.4% | -10,828€ | -467.9% | 2 | 506€ |
| 2857 | Metal Art BP03785319 · Bijelo Polje | <0.1% | 2,305€ | No filing for 2024. | -956€ | -41.5% | 1 | — |
| 2858 | Northstar02641518 · Podgorica | <0.1% | 2,278€ | -69.1% | -3,549,755€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | — |
| 2859 | Leusmax03698068 · Ulcinj | <0.1% | 2,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,046€ | -274.8% | 1 | 678€ |
| 2860 | Iriss Jew03549437 · Budva | <0.1% | 2,195€ | +683.9% | -111,319€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 994€ |
| 2861 | Kremun02214890 · Nikšić | <0.1% | 2,164€ | -86.3% | -3,195€ | -147.6% | 1 | 333€ |
| 2862 | Renew Sve03609910 · Podgorica | <0.1% | 2,150€ | No filing for 2024. | -1,651€ | -76.8% | 0 | — |
| 2863 | Vectra Požega Bijelo Polje03470121 · Bijelo Polje | <0.1% | 2,100€ | -97.0% | -12,091€ | -575.8% | 1 | 698€ |
| 2864 | Radionica Lakota03477711 · Herceg Novi | <0.1% | 2,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,122€ | -291.5% | 1 | 677€ |
| 2865 | Aquaservis03557618 · Danilovgrad | <0.1% | 2,083€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,127€ | -294.1% | 1 | 678€ |
| 2866 | Labmakers03505138 · Budva | <0.1% | 2,080€ | -82.1% | -14,479€ | -696.1% | 2 | 675€ |
| 2867 | Alp Group03111288 · Bijelo Polje | <0.1% | 2,066€ | -70.0% | -18,308€ | -886.2% | 1 | 675€ |
| 2868 | D’artanjan na Obale03494292 · Bar | <0.1% | 2,065€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,700€ | -324.5% | 1 | 678€ |
| 2869 | Maxi Klimat Service03758524 · Bar | <0.1% | 2,050€ | No filing for 2024. | -133€ | -6.5% | 1 | — |
| 2870 | MJJ Company03624609 · Cetinje | <0.1% | 2,028€ | +10.8% | -6,507€ | -320.9% | 1 | 682€ |
| 2871 | Aksworks Group03648583 · Podgorica | <0.1% | 2,000€ | -58.5% | -8,596€ | -429.8% | 1 | 677€ |
| 2872 | Zig Mont03334210 · Nikšić | <0.1% | 2,000€ | -80.0% | -12,711€ | -635.6% | 1 | 675€ |
| 2873 | Landmark Homes02680076 · Bar | <0.1% | 2,000€ | -60.0% | -6,440€ | -322.0% | 1 | 535€ |
| 2874 | More Mont02623072 · Budva | <0.1% | 1,992€ | -76.6% | -8,433€ | -423.3% | 1 | 674€ |
| 2875 | Neimar Group02908093 · Podgorica | <0.1% | 1,966€ | +785.6% | -8,734€ | -444.3% | 1 | — |
| 2876 | Jany Company03334988 · Kolašin | <0.1% | 1,947€ | -61.1% | -610€ | -31.3% | 2 | — |
| 2877 | Erović Investment03674452 · Bar | <0.1% | 1,935€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,447€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 818€ |
| 2878 | The Bijela03796191 · Herceg Novi | <0.1% | 1,920€ | No filing for 2024. | -912€ | -47.5% | 1 | — |
| 2879 | Kugla02357038 · Podgorica | <0.1% | 1,901€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,275€ | -330.1% | 1 | 674€ |
| 2880 | Aqua Works03469689 · Herceg Novi | <0.1% | 1,893€ | +814.5% | -16,382€ | -865.4% | 1 | 674€ |
| 2881 | Alex Petro Max Invest02643910 · Tivat | <0.1% | 1,891€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,504€ | -185.3% | 0 | — |
| 2882 | Gradiš A?03668851 · Podgorica | <0.1% | 1,890€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -41,355€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 3,281€ |
| 2883 | Elko Frigo Team03368629 · Nikšić | <0.1% | 1,888€ | -38.4% | -3,087€ | -163.5% | 1 | — |
| 2884 | Lory Artigiano02653508 · Bar | <0.1% | 1,835€ | +35.9% | -843€ | -45.9% | 1 | — |
| 2885 | Kum Invest02638045 · Budva | <0.1% | 1,817€ | +373.2% | -8,157€ | -448.9% | 2 | 383€ |
| 2886 | WG Company03622517 · Tivat | <0.1% | 1,810€ | -59.1% | -6,347€ | -350.7% | 1 | 678€ |
| 2887 | Colore-Colori03689506 · Danilovgrad | <0.1% | 1,770€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 514€ | 29.0% | 1 | — |
| 2888 | Bio Anem Group03335062 · Bijelo Polje | <0.1% | 1,743€ | -79.6% | -8,302€ | -476.3% | 1 | 705€ |
| 2889 | Vreva Co02457911 · Bijelo Polje | <0.1% | 1,736€ | -86.4% | -10,386€ | -598.3% | 1 | 677€ |
| 2890 | Bond03788954 · Podgorica | <0.1% | 1,700€ | No filing for 2024. | 285€ | 16.8% | 1 | — |
| 2891 | Budva Projects 01-A02885492 · Budva | <0.1% | 1,692€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,550€ | -209.8% | 1 | — |
| 2892 | Alumarch03778703 · Herceg Novi | <0.1% | 1,653€ | No filing for 2024. | -6,449€ | -390.1% | 1 | 464€ |
| 2893 | Jelgrad02086999 · Budva | <0.1% | 1,653€ | -64.8% | -18,381€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 675€ |
| 2894 | World Grup03751929 · Podgorica | <0.1% | 1,653€ | No filing for 2024. | -3,512€ | -212.5% | 0 | — |
| 2895 | Adriatica Building Company03327175 · Ulcinj | <0.1% | 1,640€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,297€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 509€ |
| 2896 | Sila Gradnja03787613 · Kotor | <0.1% | 1,630€ | No filing for 2024. | -2,976€ | -182.6% | 1 | — |
| 2897 | Project Mechanic03687996 · Podgorica | <0.1% | 1,601€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,697€ | -918.0% | 1 | 929€ |
| 2898 | Draga Alumil03657612 · Ulcinj | <0.1% | 1,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -31,586€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 898€ |
| 2899 | Aleks Stroj03488926 · Bar | <0.1% | 1,593€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,143€ | -699.5% | 2 | 485€ |
| 2900 | R-Elektro Company03303128 · Danilovgrad | <0.1% | 1,580€ | -22.2% | -2,255€ | -142.7% | 1 | — |