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 3651–3700 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* |
|---|
| 3651 | Scafelli03458202 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3652 | SD Investment03479595 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,188€ | — | 1 | 849€ |
| 3653 | SD Real Estate03440206 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3654 | Seadria03204332 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,227€ | — | 1 | — |
| 3655 | Seahome03491846 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,850€ | — | 1 | 675€ |
| 3656 | Seaside Invest03337898 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,050€ | — | 1 | 338€ |
| 3657 | Selfi Group03766888 · Budva | 0.0% | 0€ | No filing for 2024. | -3,498€ | — | 1 | — |
| 3658 | Sella Invest03346536 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,774€ | — | 1 | 678€ |
| 3659 | Serra Consulting03209695 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,545€ | — | 1 | 1,120€ |
| 3660 | Sgi Monte03342344 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -72,222€ | — | 1 | 927€ |
| 3661 | Shcherbak Dex01203422763 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -874€ | — | — | — |
| 3662 | Sheki & Medo03099431 · Ulcinj | 0.0% | 0€ | -100.0% | -9,874€ | — | 1 | 820€ |
| 3663 | Shenyang Wolf Technology Co03742172 · Bar | 0.0% | 0€ | No filing for 2024. | -2,986€ | — | 1 | — |
| 3664 | Shum Vllaznia03077314 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 3665 | Si - Max03612287 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,907€ | — | 2 | 746€ |
| 3666 | Skatkov03431436 · Bar | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3667 | SKY Development03117618 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -120,826€ | — | 2 | 380€ |
| 3668 | Soal02897571 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3669 | Softmonte03278131 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,247€ | — | 1 | 924€ |
| 3670 | Solar Energy Construction03734650 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,744€ | — | 1 | — |
| 3671 | Solar Energy Mne03706753 · Bar | 0.0% | 0€ | No filing for 2024. | -5,754€ | — | 1 | 480€ |
| 3672 | Solar Invest02935155 · Tivat | 0.0% | 0€ | -100.0% | -11,711€ | — | 1 | 920€ |
| 3673 | Solar System03246248 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,096€ | — | 1 | 340€ |
| 3674 | Sova-Tim03260674 · Bijelo Polje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 3675 | Spectrumxm03714942 · Cetinje | 0.0% | 0€ | No filing for 2024. | -7,203€ | — | 1 | 599€ |
| 3676 | Spiral03503984 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 3677 | Spirov Construction03584712 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,607€ | — | 1 | 928€ |
| 3678 | SS Gradnja Plus03479340 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3679 | Stellamont02725371 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,591€ | — | 1 | 677€ |
| 3680 | Stenemi Boka Group03761185 · Kotor | 0.0% | 0€ | No filing for 2024. | -6,609€ | — | 1 | 545€ |
| 3681 | Stonewave03559858 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,453€ | — | 1 | 678€ |
| 3682 | Šumska Duša03468798 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,459€ | — | 1 | 675€ |
| 3683 | Sun Sakar03734510 · Podgorica | 0.0% | 0€ | No filing for 2024. | -6,414€ | — | 1 | 535€ |
| 3684 | Super Mario03802973 · Berane | 0.0% | 0€ | No filing for 2024. | -882€ | — | 1 | — |
| 3685 | Susano Konstruksiyon03571505 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,443€ | — | 1 | 499€ |
| 3686 | S&Z Construct03806529 · Bar | 0.0% | 0€ | No filing for 2024. | -531€ | — | 1 | — |
| 3687 | T103669041 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 3688 | Tafing03012859 · Nikšić | 0.0% | 0€ | -100.0% | -2,708€ | — | 1 | — |
| 3689 | Tara Mountain Resort02651068 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,589€ | — | 1 | 682€ |
| 3690 | Target Group03425061 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,156€ | — | 1 | 678€ |
| 3691 | Tas Kale03306909 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -29,961€ | — | 2 | 664€ |
| 3692 | T.C Insaat03288757 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 3693 | Technical Construction03482847 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3694 | Technical Insulation03502147 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 3695 | Tecoplan03023184 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,744€ | — | 1 | 335€ |
| 3696 | Termotehnika Komatina03803627 · Andrijevica | 0.0% | 0€ | No filing for 2024. | -347€ | — | 1 | — |
| 3697 | Terra Cop03794342 · Kolašin | 0.0% | 0€ | No filing for 2024. | -2,539€ | — | 1 | — |
| 3698 | Terraforming03377067 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,779€ | — | 1 | 1,742€ |
| 3699 | Tibet Merkan03634019 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 3700 | Tomalim03672115 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,125€ | — | 1 | 677€ |