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 3551–3600 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* |
|---|
| 3551 | Model S Project03562760 · Ulcinj | 0.0% | 0€ | -100.0% | -62,619€ | — | 3 | 704€ |
| 3552 | Modernremstroj03553159 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,188€ | — | 2 | 497€ |
| 3553 | Modulo03023702 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,179€ | — | 1 | — |
| 3554 | Mok Inženjering Mne03613615 · Budva | 0.0% | 0€ | -100.0% | -16,278€ | — | 2 | 678€ |
| 3555 | Momentum Investment03808840 · Podgorica | 0.0% | 0€ | No filing for 2024. | -393€ | — | 0 | — |
| 3556 | Mono Arhitekt03627586 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3557 | Monserrat03544362 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,638€ | — | 1 | 1,660€ |
| 3558 | Monte Crystal03729397 · Budva | 0.0% | 0€ | No filing for 2024. | -1,680€ | — | 0 | — |
| 3559 | Monte Engineering03218210 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,119€ | — | — | — |
| 3560 | Montefish Construction03752887 · Tivat | 0.0% | 0€ | No filing for 2024. | -2,759€ | — | 1 | — |
| 3561 | Montenegro Golf Course02873001 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,828€ | — | 1 | 857€ |
| 3562 | Montenegro HR Service03534332 · Tivat | 0.0% | 0€ | -100.0% | -8,190€ | — | 1 | 670€ |
| 3563 | Montestroj02814919 · Herceg Novi | 0.0% | 0€ | -100.0% | -111,776€ | — | 1 | 2,671€ |
| 3564 | Monteval Residences- Ambiental Living03791556 · Tivat | 0.0% | 0€ | No filing for 2024. | -35,214€ | — | 1 | 2,258€ |
| 3565 | Montewave03273431 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,465€ | — | 1 | 924€ |
| 3566 | Mont Highland03549747 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,197€ | — | 0 | — |
| 3567 | Mood House03172406 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -36,512€ | — | 1 | 670€ |
| 3568 | Mooi Foreign Trade03722775 · Podgorica | 0.0% | 0€ | No filing for 2024. | -4,293€ | — | 1 | 344€ |
| 3569 | Mountain Estate03620794 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,099€ | — | 1 | 675€ |
| 3570 | MP-Company03280586 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,050€ | — | 1 | 338€ |
| 3571 | MR & Co Mne03598039 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -74,325€ | — | 1 | 580€ |
| 3572 | MRL Co03575586 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,246€ | — | 1 | 927€ |
| 3573 | MTN Construction03502775 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3574 | MVR Pro03584453 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,006€ | — | 1 | 1,593€ |
| 3575 | MY Art Mne03673383 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 3576 | Naz International Company Limited03206335 · Budva | 0.0% | 0€ | -100.0% | -3,213€ | — | 1 | — |
| 3577 | NB Colors Bojanić03312208 · Nikšić | 0.0% | 0€ | -100.0% | -9,971€ | — | 1 | 675€ |
| 3578 | Nekama03102416 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 3579 | Elektro RS03802914 · Bar | 0.0% | 0€ | No filing for 2024. | -861€ | — | 1 | — |
| 3580 | Nemli Limited Sirketi03369471 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,102€ | — | 1 | 675€ |
| 3581 | Nesli & Berkes03587703 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3582 | New World Montenegro 20-2403679004 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3583 | Noble Construction03728358 · Podgorica | 0.0% | 0€ | No filing for 2024. | -11,597€ | — | 1 | — |
| 3584 | Norstandart03741621 · Budva | 0.0% | 0€ | No filing for 2024. | -34,276€ | — | 1 | 765€ |
| 3585 | Northlight Ventures Invest Group03747522 · Budva | 0.0% | 0€ | No filing for 2024. | -5,945€ | — | 1 | 495€ |
| 3586 | Northpeak Group03809447 · Rožaje | 0.0% | 0€ | No filing for 2024. | -174€ | — | 1 | — |
| 3587 | Northshield Construction03279855 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,088€ | — | 1 | — |
| 3588 | Northstar Construction03796809 · Budva | 0.0% | 0€ | No filing for 2024. | -826€ | — | 0 | — |
| 3589 | NRD Co03597334 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,167€ | — | 1 | 927€ |
| 3590 | Nuvo Health Inc03747590 · Bar | 0.0% | 0€ | No filing for 2024. | -1,804€ | — | 1 | — |
| 3591 | Oda Construction03802159 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -955€ | — | 1 | — |
| 3592 | Onari Insaat Sanayi Tasimacilik Ve Ticaret Limited Sirketi03410161 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,087€ | — | 1 | 924€ |
| 3593 | Onejop03497801 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3594 | Ons Prime03666557 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3595 | Orc Construction03287394 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3596 | Ordo02826160 · Podgorica | 0.0% | 0€ | -100.0% | -12,368€ | — | 1 | 533€ |
| 3597 | Orienti Construction03770087 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -4,080€ | — | 1 | — |
| 3598 | Orlina03807118 · Nikšić | 0.0% | 0€ | No filing for 2024. | -51€ | — | 1 | — |
| 3599 | Oro Construction03798160 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -1,299€ | — | 1 | — |
| 3600 | Ortak Construction03699927 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,858€ | — | 0 | — |