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 3201–3250 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* |
|---|
| 3201 | Adl Construction03391663 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,634€ | — | 1 | 922€ |
| 3202 | Adm Company03791661 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -1,853€ | — | 1 | — |
| 3203 | Ado Capital03634469 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3204 | Adoria Real Estate03708349 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,942€ | — | 1 | 452€ |
| 3205 | Adra Construction03214338 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 3206 | Adria Final03810771 · Tivat | 0.0% | 0€ | No filing for 2024. | -88€ | — | 1 | — |
| 3207 | Adriatic Coast Construction03625893 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -717€ | — | — | — |
| 3208 | Adriatic Coast Invest03629309 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3209 | Adriatic Gold Mountain03729630 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -19,253€ | — | 2 | 753€ |
| 3210 | Adriatic Project03395162 · Ulcinj | 0.0% | 0€ | -100.0% | -105,750€ | — | 2 | 1,817€ |
| 3211 | Adriatika Development02926954 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,735€ | — | 1 | 677€ |
| 3212 | Adriatik-Nika02892600 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,080€ | — | 1 | 675€ |
| 3213 | Aegean Sun Montenegro03701646 · Budva | 0.0% | 0€ | No filing for 2024. | -6,826€ | — | 1 | 511€ |
| 3214 | Afdn Company03364267 · Podgorica | 0.0% | 0€ | -100.0% | -8,153€ | — | 1 | 679€ |
| 3215 | Afran Company03800962 · Budva | 0.0% | 0€ | No filing for 2024. | -682€ | — | 1 | — |
| 3216 | Afse Group03647684 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 3217 | Agam Sirketi03282309 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,162€ | — | 1 | 677€ |
| 3218 | A.I. Monte Group03589102 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,106€ | — | 1 | 339€ |
| 3219 | Akardag Balkan Horizons03798488 · Budva | 0.0% | 0€ | No filing for 2024. | -2,035€ | — | 1 | — |
| 3220 | Akar03465454 · Bijelo Polje | 0.0% | 0€ | -100.0% | -13,563€ | — | 1 | — |
| 3221 | Akom Investment03782506 · Budva | 0.0% | 0€ | No filing for 2024. | -2,224€ | — | 1 | — |
| 3222 | Akvamontmerc03782522 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -3,896€ | — | 1 | — |
| 3223 | Al Akord03242498 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,561€ | — | 3 | 568€ |
| 3224 | Alart Centar-Budva CG02789132 · Budva | 0.0% | 0€ | -100.0% | -114,333€ | — | 6 | 895€ |
| 3225 | Alavista Capital03749657 · Budva | 0.0% | 0€ | No filing for 2024. | -4,260€ | — | 1 | 350€ |
| 3226 | Albanica03578291 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3227 | Albi A.A.A.03798062 · Budva | 0.0% | 0€ | No filing for 2024. | -2,253€ | — | 3 | — |
| 3228 | Aleks Kraps03596443 · Tivat | 0.0% | 0€ | -100.0% | -7,296€ | — | 1 | 528€ |
| 3229 | Alinara Al Uropea Sanitry& Electrical Contracting03417514 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3230 | Am Constructions03552829 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3231 | Anchorman Holdings Inc (montenegro)02891891 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -51,289€ | — | 1 | 415€ |
| 3232 | Andsomi03306437 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,318€ | — | 1 | 926€ |
| 3233 | Aninda Emlak03490386 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,426€ | — | 1 | 452€ |
| 3234 | A&N Invest03645304 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,865€ | — | 1 | 675€ |
| 3235 | Anova Resort03564088 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3236 | Aos Trading03400859 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,287€ | — | 1 | 920€ |
| 3237 | Aras Dila03744469 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,876€ | — | 1 | 490€ |
| 3238 | Archi Room03226042 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -85,412€ | — | 2 | 2,270€ |
| 3239 | Aresmak Machinery & Engineering03782727 · Budva | 0.0% | 0€ | No filing for 2024. | -2,220€ | — | 1 | — |
| 3240 | Arhimed Grupa03735826 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,846€ | — | 1 | 321€ |
| 3241 | Arkeyapi Gradnja03236099 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,224€ | — | 1 | 922€ |
| 3242 | Arsenal Mne03487814 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,095€ | — | 2 | 733€ |
| 3243 | Art Bat03460673 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,002€ | — | 1 | — |
| 3244 | Artline Group03431380 · Danilovgrad | 0.0% | 0€ | -100.0% | -10,206€ | — | 1 | 800€ |
| 3245 | Arx03237966 · Zeta | 0.0% | 0€ | -100.0% | -11,007€ | — | 1 | 743€ |
| 3246 | Asd-Mont03773442 · Budva | 0.0% | 0€ | No filing for 2024. | -2€ | — | 1 | — |
| 3247 | As Group02713900 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,576€ | — | 2 | — |
| 3248 | Asi & Co03396193 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -56,643€ | — | 3 | 586€ |
| 3249 | Aslanović Group03809005 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -250€ | — | 1 | — |
| 3250 | Asr Mne03630234 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,318€ | — | 1 | 904€ |