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 3101–3150 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* |
|---|
| 3101 | Gas To Power Adriatic03186482 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,944€ | — | 1 | — |
| 3102 | Ak Group03163628 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,583€ | — | 1 | — |
| 3103 | Akropol Construction & Consultancy03740617 · Budva | 0.0% | 0€ | No filing for 2024. | -5,210€ | — | 1 | 434€ |
| 3104 | Ala - Bar03760618 · Bar | 0.0% | 0€ | No filing for 2024. | -5,719€ | — | 1 | 399€ |
| 3105 | Alart International CG02711036 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,079€ | — | 1 | 670€ |
| 3106 | Alestamarin03624188 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,538€ | — | 1 | 703€ |
| 3107 | Allamont02639009 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,542€ | — | 1 | — |
| 3108 | All Investment02919087 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,099€ | — | 1 | 667€ |
| 3109 | A.L. Monte Group03484416 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,012€ | — | 1 | — |
| 3110 | Altegra02454505 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3111 | Altotivat03747158 · Tivat | 0.0% | 0€ | No filing for 2024. | -4,510€ | — | 1 | — |
| 3112 | Alucon03207943 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,010€ | — | 1 | 926€ |
| 3113 | Amati Invest03617637 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -110,884€ | — | 1 | 506€ |
| 3114 | A&M Inženjering03126340 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,890€ | — | 3 | 565€ |
| 3115 | Anahit Company03547221 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,281€ | — | 1 | 675€ |
| 3116 | Anova Club03504719 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,181€ | — | 1 | 1,586€ |
| 3117 | Aqua Pro03732576 · Bar | 0.0% | 0€ | No filing for 2024. | -3,983€ | — | 1 | — |
| 3118 | Aqua Pro Solution03806901 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,398€ | — | 2 | — |
| 3119 | Ararat Company03592995 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,551€ | — | 1 | 675€ |
| 3120 | Ares Servis03359034 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,105€ | — | 3 | — |
| 3121 | Ar Group03444465 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,844€ | — | 1 | 339€ |
| 3122 | Arhad Construction03621006 · Budva | 0.0% | 0€ | No filing for 2024. | -6,473€ | — | 1 | 503€ |
| 3123 | Arkas Company Mne03454789 · Budva | 0.0% | 0€ | -100.0% | -11,225€ | — | 1 | 675€ |
| 3124 | Ark Investment03313395 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,928€ | — | 1 | 452€ |
| 3125 | Art Adriatic03453731 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,469€ | — | 3 | 611€ |
| 3126 | Arvis Group03672875 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,045€ | — | 1 | 670€ |
| 3127 | Asen&Con03628922 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3128 | Asiva Insaat03585468 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,299€ | — | 1 | 675€ |
| 3129 | Atelye Europe03254712 · Podgorica | 0.0% | 0€ | -100.0% | -32,867€ | — | 1 | 2,005€ |
| 3130 | Ates Montenegro03502058 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3131 | Aura Company02870720 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 3132 | A&Z Group03794016 · Podgorica | 0.0% | 0€ | No filing for 2024. | -36,263€ | — | 1 | — |
| 3133 | Azul 2503671593 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,988€ | — | 1 | — |
| 3134 | Baco LLC03345700 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3135 | Balcke-Durr Energy Solutions S.P.A., Đenova02918102 · Podgorica | 0.0% | 0€ | -100.0% | -551,368€ | — | 2 | 3,132€ |
| 3136 | Bar Construction and Investment Group02462567 · Bar | 0.0% | 0€ | -100.0% | -42,501€ | — | 1 | 1,198€ |
| 3137 | Bau Trgopek03466418 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,574€ | — | 1 | 678€ |
| 3138 | BC Construction03216071 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3139 | BDF Group03393984 · Budva | 0.0% | 0€ | -100.0% | -16,225€ | — | 1 | 818€ |
| 3140 | Beauty Lastva03369781 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,274€ | — | 1 | 631€ |
| 3141 | BE&JA Construction03800377 · Bar | 0.0% | 0€ | No filing for 2024. | -1,288€ | — | 2 | — |
| 3142 | Bella Adria Real Estate and Construction03383644 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,593€ | — | 1 | 572€ |
| 3143 | Berberoglu Construction03622371 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -109,003€ | — | 1 | 1,073€ |
| 3144 | Beteiligung 52 Desalinizacija Morske Vode02709333 · Podgorica | 0.0% | 0€ | -100.0% | -28,515€ | — | 1 | 680€ |
| 3145 | Beyuha03330672 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,970€ | — | 1 | 338€ |
| 3146 | Big Blue Montenegro02897903 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,214€ | — | 1 | 433€ |
| 3147 | BK Invest03320332 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3148 | BLNT-Insaat03587339 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3149 | BMC Company03710424 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3150 | BM Development03645002 · Budva | 0.0% | 0€ | -100.0% | -399,812€ | — | 1 | 678€ |