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 3501–3550 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* |
|---|
| 3501 | Kvirinus03479960 · Cetinje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,039€ | — | 1 | — |
| 3502 | Labris03630056 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,605€ | — | 1 | 928€ |
| 3503 | Laki Stroy03188957 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,071€ | — | 1 | 335€ |
| 3504 | Lale03786790 · Zeta | 0.0% | 0€ | No filing for 2024. | -9,222€ | — | 1 | 791€ |
| 3505 | L' Amore03381692 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,577€ | — | 1 | 928€ |
| 3506 | Lan Invest03490521 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,765€ | — | 1 | 675€ |
| 3507 | Lazurna Obala03695956 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 3508 | Leading Bussiness03505448 · Podgorica | 0.0% | 0€ | -100.0% | -1€ | — | 2 | — |
| 3509 | Ledo Bau03566960 · Bar | 0.0% | 0€ | No filing for 2024. | -8,123€ | — | 1 | 675€ |
| 3510 | Lendmark Holding Montenegro02467909 · Budva | 0.0% | 0€ | -100.0% | -11,057€ | — | 1 | 677€ |
| 3511 | Leon-Komerc03154700 · Budva | 0.0% | 0€ | -100.0% | -8,358€ | — | 1 | 678€ |
| 3512 | Level Up Architecture Company03309037 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 2 | — |
| 3513 | Lighthouse02925621 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,704€ | — | 1 | 922€ |
| 3514 | Liko02659476 · Budva | 0.0% | 0€ | -100.0% | -11,883€ | — | 1 | 335€ |
| 3515 | Limarija Gugi03683796 · Berane | 0.0% | 0€ | -100.0% | -8,562€ | — | 1 | 678€ |
| 3516 | LM Gradnja03801829 · Budva | 0.0% | 0€ | No filing for 2024. | -237€ | — | 1 | — |
| 3517 | LM Residence03099458 · Podgorica | 0.0% | 0€ | -100.0% | -21,784€ | — | 2 | 749€ |
| 3518 | Lokasyon Construction03287491 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3519 | Lovor Construction03785696 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,887€ | — | 1 | — |
| 3520 | Lukić Plus03244865 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,560€ | — | 1 | 670€ |
| 3521 | Lumo03810585 · Cetinje | 0.0% | 0€ | No filing for 2024. | -66€ | — | 0 | — |
| 3522 | Luss Investment03683001 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,839€ | — | 1 | 916€ |
| 3523 | Lux Inženjering03808173 · Podgorica | 0.0% | 0€ | No filing for 2024. | -338€ | — | 1 | — |
| 3524 | M4 Gradnja03165400 · Podgorica | 0.0% | 0€ | -100.0% | -1,047€ | — | 1 | — |
| 3525 | Mab Group03752178 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -3,229€ | — | 1 | — |
| 3526 | Ma Dijamantsko Bušenje03799786 · Bar | 0.0% | 0€ | No filing for 2024. | -1,354€ | — | 1 | — |
| 3527 | Main Construction03328201 · Danilovgrad | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -189,280€ | — | 7 | 1,350€ |
| 3528 | Mam Gradnja03810038 · Bar | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 3529 | Mamys Global Invest03635996 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,391€ | — | 1 | — |
| 3530 | M.B. Axa Bridge03546756 · Bijelo Polje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3531 | MB Forever03411010 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -988€ | — | 1 | — |
| 3532 | MBV Systems03017494 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3533 | Mde Gradnja Komerc03757943 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,418€ | — | 1 | 425€ |
| 3534 | MDM Gradnja03113540 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,089€ | — | 1 | 674€ |
| 3535 | MDS Group03501655 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,714€ | — | 1 | — |
| 3536 | MDW Company03297349 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,898€ | — | 1 | 678€ |
| 3537 | Mediterraneo Invest03173801 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,146€ | — | 1 | 675€ |
| 3538 | Medpers03544443 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,814€ | — | 1 | 928€ |
| 3539 | Mehraz03528766 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,343€ | — | 1 | 929€ |
| 3540 | MF Invest02676737 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 3541 | Miculi Construction03347508 · Ulcinj | 0.0% | 0€ | -100.0% | -8,954€ | — | 1 | 678€ |
| 3542 | Mifini03287246 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 674€ |
| 3543 | Mihailović MB Coop03711013 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3544 | Miray Co03389723 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3545 | Mirbeg Yapi03799913 · Podgorica | 0.0% | 0€ | No filing for 2024. | -436€ | — | 3 | — |
| 3546 | Mivillage03289788 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,033€ | — | 1 | 340€ |
| 3547 | M.KOP03752852 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,335€ | — | 1 | — |
| 3548 | Mkpropertiesmontenegro03144674 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3549 | MM Dom03777260 · Tivat | 0.0% | 0€ | No filing for 2024. | -4,589€ | — | 1 | 379€ |
| 3550 | MNS Brothers Construction03287505 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |