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 3451–3500 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* |
|---|
| 3451 | Homeland Club03625206 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3452 | Hvac-Expert03501965 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 3453 | H & Y Group03675742 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -157,005€ | — | 2 | 874€ |
| 3454 | Ic Bau03734188 · Rožaje | 0.0% | 0€ | No filing for 2024. | -12,534€ | — | 2 | 522€ |
| 3455 | Iceh02891310 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,607€ | — | 1 | — |
| 3456 | Icl Inženjering02893274 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,737€ | — | 1 | 1,222€ |
| 3457 | Idea 103045013 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 677€ |
| 3458 | Ideas&Solutions Re03586499 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -241,148€ | — | 1 | 678€ |
| 3459 | I D G03625451 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,189€ | — | 1 | 338€ |
| 3460 | Ig Insaat03699234 · Podgorica | 0.0% | 0€ | No filing for 2024. | -12,475€ | — | 2 | 520€ |
| 3461 | Iglo Decoration03479072 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,875€ | — | 1 | 571€ |
| 3462 | Ihc03794091 · Podgorica | 0.0% | 0€ | No filing for 2024. | -196€ | — | 1 | — |
| 3463 | Ikarus Tourism & Promotion Service03228959 · Tivat | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3464 | Ikt Stroy Construction03808289 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 3465 | Infinitum Construction03580318 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,159€ | — | 2 | — |
| 3466 | In - Gradnja02908000 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3467 | Inkorsa03467597 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,233€ | — | 1 | 916€ |
| 3468 | Interior Fire03412466 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3469 | Irs Tower03782131 · Podgorica | 0.0% | 0€ | No filing for 2024. | -589€ | — | 1 | — |
| 3470 | Isik Montenegro03492222 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3471 | Jadran Hotels03323366 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,164€ | — | 1 | 338€ |
| 3472 | Jadran Residence03712877 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,113€ | — | 1 | 450€ |
| 3473 | Jaha Montenegro03070620 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3474 | JC Holding03445780 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,657€ | — | 1 | — |
| 3475 | Jelko Group03217639 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,359€ | — | 1 | 677€ |
| 3476 | Jeri&Co03578976 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3477 | J&G Building Construction03275329 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,811€ | — | 1 | 452€ |
| 3478 | Johny BY Good03175162 · Budva | 0.0% | 0€ | -100.0% | -8,171€ | — | 1 | 675€ |
| 3479 | Joti03328899 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -34,036€ | — | 4 | 678€ |
| 3480 | Jugra02690802 · Herceg Novi | 0.0% | 0€ | -100.0% | -14,310€ | — | 1 | 916€ |
| 3481 | K2 Construct03758346 · Budva | 0.0% | 0€ | No filing for 2024. | -5,226€ | — | 1 | 425€ |
| 3482 | Ka-En03521265 · Budva | 0.0% | 0€ | -100.0% | 781€ | — | 1 | — |
| 3483 | Kalezić Construction03783162 · Bar | 0.0% | 0€ | No filing for 2024. | -5,862€ | — | 1 | 489€ |
| 3484 | Kamenstroj03701000 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,165€ | — | 2 | 631€ |
| 3485 | Kan Group03753425 · Nikšić | 0.0% | 0€ | No filing for 2024. | -12,102€ | — | 1 | 456€ |
| 3486 | Kapaz03707334 · Podgorica | 0.0% | 0€ | No filing for 2024. | -12,298€ | — | 2 | 512€ |
| 3487 | Karejmani Konstrukcija03799824 · Kolašin | 0.0% | 0€ | No filing for 2024. | -1,356€ | — | 1 | — |
| 3488 | Kayra Construction03545962 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3489 | Kazaz03555526 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3490 | Keramik02984458 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,898€ | — | 3 | 563€ |
| 3491 | Kod Stroyka03623017 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,963€ | — | 2 | 534€ |
| 3492 | Komgrap - Mont02385961 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3493 | Komoševina03466175 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -44,828€ | — | 1 | 809€ |
| 3494 | Konstruktis03774171 · Nikšić | 0.0% | 0€ | No filing for 2024. | -466€ | — | 0 | — |
| 3495 | Koprenedri03694585 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3496 | Koprivica S03443787 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3497 | Koshaka03513947 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,125€ | — | 1 | 926€ |
| 3498 | Koti Nekretnine03113418 · Tuzi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,174€ | — | 1 | — |
| 3499 | Kutsenko03536785 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 678€ |
| 3500 | Kvint03411109 · Herceg Novi | 0.0% | 0€ | -100.0% | -24,160€ | — | 1 | 703€ |