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 3351–3400 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* |
|---|
| 3351 | E1003667316 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -60,568€ | — | 1 | 2,994€ |
| 3352 | Eagle Decoration03743519 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,289€ | — | 0 | — |
| 3353 | E&A Global Investments, Land Development and Constructions03195805 · Kotor | 0.0% | 0€ | -100.0% | -9,704€ | — | 1 | 678€ |
| 3354 | Ease&Trust03516539 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,358€ | — | 1 | 341€ |
| 3355 | Echoverse Consalting03677559 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,308€ | — | 1 | 670€ |
| 3356 | Ecoclub03560155 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,018€ | — | 1 | — |
| 3357 | Efc Global03212696 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,230€ | — | 1 | 676€ |
| 3358 | Egefe03762076 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,933€ | — | 1 | 328€ |
| 3359 | Elina Construction03708942 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,761€ | — | 4 | 433€ |
| 3360 | Elite Premium Group03676285 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,529€ | — | 1 | 845€ |
| 3361 | Eliterra03750736 · Danilovgrad | 0.0% | 0€ | No filing for 2024. | -10,697€ | — | 1 | 538€ |
| 3362 | Elixir Real Estate03455009 · Budva | 0.0% | 0€ | -100.0% | -15,185€ | — | 2 | 630€ |
| 3363 | El Konpani03758095 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -2,378€ | — | 1 | — |
| 3364 | Elldecor M03802345 · Podgorica | 0.0% | 0€ | No filing for 2024. | -927€ | — | 1 | — |
| 3365 | Elman03788229 · Tivat | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 3366 | Elysium Montenegro Group03790703 · Podgorica | 0.0% | 0€ | No filing for 2024. | -4,542€ | — | 3 | — |
| 3367 | Embau03604047 · Budva | 0.0% | 0€ | -100.0% | -2,171€ | — | 1 | — |
| 3368 | Emerald Construction03810348 · Podgorica | 0.0% | 0€ | No filing for 2024. | -19€ | — | 1 | — |
| 3369 | Emerald Star03631885 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,740€ | — | 1 | 677€ |
| 3370 | Emigranti Group03800164 · Podgorica | 0.0% | 0€ | No filing for 2024. | -8,940€ | — | 0 | — |
| 3371 | Em Investment03352811 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,570€ | — | 1 | — |
| 3372 | Energetika Mne03802736 · Nikšić | 0.0% | 0€ | No filing for 2024. | -744€ | — | 1 | — |
| 3373 | Energocontractor03803546 · Kotor | 0.0% | 0€ | No filing for 2024. | -846€ | — | 1 | — |
| 3374 | Energoprojekt - Montenegro02721007 · Herceg Novi | 0.0% | 0€ | -100.0% | -53,664€ | — | 1 | 929€ |
| 3375 | Energyplus Experts03805620 · Cetinje | 0.0% | 0€ | No filing for 2024. | -147€ | — | 1 | — |
| 3376 | Enterijer Plus03803694 · Berane | 0.0% | 0€ | No filing for 2024. | -216€ | — | 1 | — |
| 3377 | Et Construction03695280 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,356€ | — | 1 | 929€ |
| 3378 | Etika Capital03224511 · Budva | 0.0% | 0€ | -100.0% | -19,606€ | — | 1 | 759€ |
| 3379 | Etna Sistem03680410 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3380 | Euro Investment Mne03443388 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3381 | Ecb - Montenegro03060063 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,067€ | — | 1 | 339€ |
| 3382 | Evog Global03579719 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,501€ | — | 2 | 563€ |
| 3383 | Explore Build03737772 · Podgorica | 0.0% | 0€ | No filing for 2024. | -848€ | — | 1 | — |
| 3384 | Blok Gradnja03116077 · Podgorica | 0.0% | 0€ | -100.0% | -15,239€ | — | 1 | 675€ |
| 3385 | Gips Dekor Mušikić03804127 · Nikšić | 0.0% | 0€ | No filing for 2024. | -2,710€ | — | 1 | — |
| 3386 | Songdo Invest03520994 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -66,148€ | — | 3 | 621€ |
| 3387 | Lanister03760596 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -3,165€ | — | 1 | — |
| 3388 | Ežhba Investments03545253 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,611€ | — | 1 | 922€ |
| 3389 | Faash-Group03628175 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,858€ | — | 1 | 678€ |
| 3390 | Fabrik Wassermann Balkan03779602 · Podgorica | 0.0% | 0€ | No filing for 2024. | -10,706€ | — | 1 | — |
| 3391 | Falcon Plus03572277 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3392 | Falco02950332 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,276€ | — | 1 | 678€ |
| 3393 | Fasko02633426 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,188€ | — | 1 | 682€ |
| 3394 | Feoebo03005615 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,222€ | — | 0 | — |
| 3395 | Figtree03639517 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,329€ | — | 2 | 594€ |
| 3396 | Financial Services Montenegro02914891 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -42,646€ | — | 1 | 723€ |
| 3397 | Finish Cop03560520 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3398 | Firat Group03234487 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,858€ | — | 1 | 760€ |
| 3399 | Firnas Group03544575 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,776€ | — | 1 | 731€ |
| 3400 | Fix Ed03608174 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -11,323€ | — | 1 | 667€ |