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 3401–3450 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* |
|---|
| 3401 | Format Stroy03658929 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,517€ | — | 1 | 1,350€ |
| 3402 | Fortis Build Mne03587665 · Tuzi | 0.0% | 0€ | -100.0% | -2,270€ | — | 1 | — |
| 3403 | Fortura Fortezza Azzurra03600459 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,058€ | — | 1 | 916€ |
| 3404 | Forza Development03750779 · Tivat | 0.0% | 0€ | No filing for 2024. | -3,284€ | — | 1 | — |
| 3405 | Frappela Investments03404030 · Budva | 0.0% | 0€ | -100.0% | -258,428€ | — | 1 | 1,496€ |
| 3406 | Free Energy03061582 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,503€ | — | 1 | 339€ |
| 3407 | Frigoelektro Fatić03802515 · Berane | 0.0% | 0€ | No filing for 2024. | -1,163€ | — | 1 | — |
| 3408 | Galaxy Europe03284166 · Kotor | 0.0% | 0€ | -100.0% | -120,731€ | — | 1 | 1,638€ |
| 3409 | Galeb Monte Consult03656195 · Budva | 0.0% | 0€ | -100.0% | -8,123€ | — | 1 | 677€ |
| 3410 | Galkin02656027 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,536€ | — | 1 | 678€ |
| 3411 | Ganić Global Contracting and Foreign Trade03230465 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,144€ | — | 1 | 915€ |
| 3412 | Gealdi Mne03802264 · Podgorica | 0.0% | 0€ | No filing for 2024. | -622€ | — | 2 | — |
| 3413 | Gen03280373 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,107€ | — | 1 | 342€ |
| 3414 | German Real Estate Company - Montenegro Living03694470 · Bar | 0.0% | 0€ | No filing for 2024. | -21,656€ | — | 1 | 387€ |
| 3415 | Gerven03777375 · Budva | 0.0% | 0€ | No filing for 2024. | -1,788€ | — | 1 | — |
| 3416 | G Force03474941 · Kotor | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3417 | Giga 197703291707 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,122€ | — | 1 | 677€ |
| 3418 | G.M.E03758729 · Bar | 0.0% | 0€ | No filing for 2024. | -9,922€ | — | 1 | 663€ |
| 3419 | G&M Group03775003 · Budva | 0.0% | 0€ | No filing for 2024. | -4,902€ | — | 1 | — |
| 3420 | Gold Buta Construction03787010 · Tivat | 0.0% | 0€ | No filing for 2024. | -2,543€ | — | 0 | — |
| 3421 | Golden Ali Kaan03650812 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 3422 | Goldstone03095681 · Budva | 0.0% | 0€ | -100.0% | -8,101€ | — | 1 | 675€ |
| 3423 | Gorica Riverside03746607 · Podgorica | 0.0% | 0€ | No filing for 2024. | -2,993€ | — | 0 | — |
| 3424 | Granit & Co03393828 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,199€ | — | 1 | 678€ |
| 3425 | Gravity Link03779734 · Tivat | 0.0% | 0€ | No filing for 2024. | -3,301€ | — | 1 | — |
| 3426 | Green&Blue Construction03605833 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 0 | — |
| 3427 | Green Bridge03766233 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,184€ | — | 1 | — |
| 3428 | Green Land Real Estate and Mangement03585930 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,977€ | — | 1 | 678€ |
| 3429 | Green Line Invest03524019 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,985€ | — | 1 | 740€ |
| 3430 | Grey Unit03808696 · Tivat | 0.0% | 0€ | No filing for 2024. | -277€ | — | 1 | — |
| 3431 | Grnčar02719223 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3432 | Group Aleks03757994 · Bar | 0.0% | 0€ | No filing for 2024. | -4,520€ | — | 1 | 376€ |
| 3433 | Grujičić Transs02411768 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,580€ | — | 1 | 339€ |
| 3434 | Gules5503799867 · Budva | 0.0% | 0€ | No filing for 2024. | -10,236€ | — | 1 | 851€ |
| 3435 | Gurishta03645223 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -31,262€ | — | 2 | 1,129€ |
| 3436 | Guven Group03632539 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3437 | Hadora03483703 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,253€ | — | 1 | 927€ |
| 3438 | Haj Project03632512 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,281€ | — | 1 | 1,073€ |
| 3439 | Harmony Construction03338258 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3440 | Haxhia Construction Mne03724115 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -3,249€ | — | 1 | — |
| 3441 | Hazevas03498948 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3442 | Hde03785149 · Tivat | 0.0% | 0€ | No filing for 2024. | -1,180€ | — | 0 | — |
| 3443 | Hedef Group Mne03800920 · Budva | 0.0% | 0€ | No filing for 2024. | -1,073€ | — | 1 | — |
| 3444 | Heilig03695000 · Podgorica | 0.0% | 0€ | No filing for 2024. | -10,405€ | — | 1 | 654€ |
| 3445 | Herdem Decoration03770761 · Budva | 0.0% | 0€ | No filing for 2024. | -3,559€ | — | 1 | — |
| 3446 | Hevi Group03693473 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3447 | Hidro-Instalacije RP02650533 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,426€ | — | 1 | 619€ |
| 3448 | Hill Side03774503 · Kotor | 0.0% | 0€ | No filing for 2024. | -1,884€ | — | 1 | — |
| 3449 | HNT Investment03804330 · Budva | 0.0% | 0€ | No filing for 2024. | -1,589€ | — | 0 | — |
| 3450 | Holos Invest03697053 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,025€ | — | 1 | 675€ |