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 3051–3100 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* |
|---|
| 3051 | Černogor - Stroj02622327 · Budva | <0.1% | 6€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,471€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 3052 | Five Stars International03606279 · Ulcinj | <0.1% | 6€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -55,020€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 2,279€ |
| 3053 | Trema Engineering 202702983 · Ulcinj | <0.1% | 5€ | -78.3% | -12,399€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 3054 | Kota Negro03530205 · Budva | <0.1% | 5€ | +150.0% | -33,657€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 3055 | D Connect03620859 · Podgorica | <0.1% | 4€ | 0.0% | -20,973€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 749€ |
| 3056 | Zeta Inženjering03397661 · Podgorica | <0.1% | 4€ | -100.0% | -19,252€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 334€ |
| 3057 | Anđelić Group Construction03786196 · Kotor | <0.1% | 3€ | No filing for 2024. | -105,866€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 3058 | Bjelasica Invest02715490 · Podgorica | <0.1% | 3€ | -87.0% | -33,327€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 687€ |
| 3059 | Deal Construction03625338 · Budva | <0.1% | 3€ | -100.0% | -11,960€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 755€ |
| 3060 | Ski-Golf Resort Jelovica03239667 · Berane | <0.1% | 3€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,485€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 494€ |
| 3061 | Invest Nova02669552 · Podgorica | <0.1% | 2€ | -100.0% | -2,827€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3062 | Park Blok03792897 · Podgorica | <0.1% | 2€ | No filing for 2024. | -12,298€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3063 | Partners Construction03610004 · Ulcinj | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -66,770€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 983€ |
| 3064 | Nova Power03513475 · Nikšić | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,584€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3065 | I Cattarini03222829 · Tivat | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,929€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 514€ |
| 3066 | Monting Energetika03649733 · Podgorica | <0.1% | 2€ | -100.0% | -13,218€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 728€ |
| 3067 | Terracapital03605604 · Podgorica | <0.1% | 2€ | 0.0% | -10,397€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3068 | Azvirt02911337 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,145€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 2,031€ |
| 3069 | Boka Group02673959 · Herceg Novi | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,546€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3070 | Acinerd Invest03696766 · Ulcinj | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,430€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,247€ |
| 3071 | Al-So Real Estate03777928 · Berane | <0.1% | 1€ | No filing for 2024. | -43,316€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3072 | Company Mujo02855585 · Bar | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 3073 | Dobrota Residence03563499 · Kotor | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -51,282€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 3074 | Forte Mare Invest03058409 · Herceg Novi | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,039€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 3075 | Frigo Elektro Bošković03709035 · Bijelo Polje | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 3076 | G.F.M.03733050 · Budva | <0.1% | 1€ | No filing for 2024. | -5,072€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 394€ |
| 3077 | Unedo03654770 · Kotor | <0.1% | 1€ | 0.0% | -15,551€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 3078 | Vjetroelektrana Budva02898136 · Podgorica | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -230,726€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 13,162€ |
| 3079 | Vujisić Inženjering03593649 · Kolašin | <0.1% | 1€ | -100.0% | 0€ | 0.0% | 1 | — |
| 3080 | Dom Xxi02669820 · Podgorica | <0.1% | 1€ | -99.6% | -31,413€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,850€ |
| 3081 | Mymond03710777 · Budva | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -52,025€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,120€ |
| 3082 | SBN Group03341836 · Budva | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,712€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 309€ |
| 3083 | Synchro PM103557766 · Tivat | <0.1% | 1€ | -99.9% | -344,653€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 3084 | A3 Team E - Plus Invest03492311 · Bar | 0.0% | 0€ | -100.0% | -57,205€ | — | 3 | 986€ |
| 3085 | Aa Invest03720918 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,689€ | — | 1 | 959€ |
| 3086 | Abb Energy02905523 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,000€ | — | 1 | 667€ |
| 3087 | Ab Invest02683954 · Kolašin | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,087€ | — | 1 | 674€ |
| 3088 | Abk03798747 · Budva | 0.0% | 0€ | No filing for 2024. | -187€ | — | 1 | — |
| 3089 | Active Construction03644090 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,572€ | — | 2 | 696€ |
| 3090 | Kompas-Arming02291754 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,203€ | — | 1 | — |
| 3091 | Adm Adriatic03634256 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,027€ | — | 2 | — |
| 3092 | Adria - International02824027 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,439€ | — | 1 | 953€ |
| 3093 | Adria Serenity Invest03254879 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3094 | Adriatic Dreams02667916 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 3095 | Aedis Development03740846 · Bar | 0.0% | 0€ | No filing for 2024. | -2,727€ | — | 1 | — |
| 3096 | Aga Construction03355128 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,704€ | — | 1 | 678€ |
| 3097 | Ag Hodžić Bau03786668 · Bar | 0.0% | 0€ | No filing for 2024. | -2,598€ | — | 1 | — |
| 3098 | Agios Cop03542645 · Kotor | 0.0% | 0€ | -100.0% | -15,513€ | — | 1 | 678€ |
| 3099 | Ai Inženjering03780503 · Bar | 0.0% | 0€ | No filing for 2024. | -1,692€ | — | 1 | — |
| 3100 | Ajdarpašić Construction03287122 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,953€ | — | 2 | 388€ |