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 4001–4050 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* |
|---|
| 4001 | Gemmax Gradnja03764389 · Podgorica | 0.0% | 0€ | No filing for 2024. | -17,239€ | — | 3 | 452€ |
| 4002 | Gico03579468 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4003 | Gies Company03604446 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,543€ | — | 1 | — |
| 4004 | Gintas Real Estate Investment03261638 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,877€ | — | 1 | 929€ |
| 4005 | Mirox02382822 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,097€ | — | 1 | — |
| 4006 | Global Adriatic03279235 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -87,968€ | — | 1 | 2,238€ |
| 4007 | GMG Group03108341 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4008 | G.O.N Group03531732 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 4009 | Gorica Gate03786404 · Podgorica | 0.0% | 0€ | No filing for 2024. | -51,643€ | — | 1 | — |
| 4010 | Gos Investment03537773 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4011 | GP Piramida - Euro Gradnje03095967 · Petnjica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,899€ | — | 1 | 549€ |
| 4012 | Građevinsko Preduzeće Mostogradnja03037835 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4013 | Greencoast Invest03791246 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -543€ | — | 0 | — |
| 4014 | Green Energy Investment03520293 · Podgorica | 0.0% | 0€ | -100.0% | -406,196€ | — | 1 | 1,541€ |
| 4015 | Green Energy Provider03520005 · Podgorica | 0.0% | 0€ | -100.0% | -119,217€ | — | 1 | 1,045€ |
| 4016 | Green Invest02887274 · Nikšić | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 4017 | Green Toprak03345360 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,297€ | — | 1 | 675€ |
| 4018 | GZ Construct03783103 · Budva | 0.0% | 0€ | No filing for 2024. | -1,726€ | — | 1 | — |
| 4019 | GZNR Construction03241181 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,986€ | — | 1 | 916€ |
| 4020 | GZNR Group03233090 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,852€ | — | 3 | 857€ |
| 4021 | Haila03687635 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 4022 | Haus Mood03809986 · Bar | 0.0% | 0€ | No filing for 2024. | -131€ | — | 1 | — |
| 4023 | HCC Construction03630668 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,738€ | — | 1 | 929€ |
| 4024 | Herz-Huse-Pilica03567028 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,576€ | — | 1 | 339€ |
| 4025 | Highlands Montenegro03551873 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,846€ | — | 1 | 677€ |
| 4026 | HKN-Insaat03587533 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 4027 | Home Fix03430294 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,655€ | — | 1 | 675€ |
| 4028 | House Vučeljić03321550 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 4029 | HSM Construction03399729 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 4030 | HTB Group Mne03742415 · Budva | 0.0% | 0€ | No filing for 2024. | -6,104€ | — | 1 | 506€ |
| 4031 | HTZ Gradnja03581616 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,877€ | — | 1 | — |
| 4032 | Hvac-Service03746615 · Bar | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 4033 | Hyperfocus03672107 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,231€ | — | 2 | — |
| 4034 | Hze Construction03753581 · Podgorica | 0.0% | 0€ | No filing for 2024. | -7,445€ | — | 2 | 310€ |
| 4035 | Ibon Group02241510 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 4036 | Il Giardino02852497 · Budva | 0.0% | 0€ | -100.0% | -4,990€ | — | 1 | — |
| 4037 | Ilke Homes03596532 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4038 | Inet Montenegro03783766 · Podgorica | 0.0% | 0€ | No filing for 2024. | -311€ | — | 1 | — |
| 4039 | Innox Mne03242625 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4040 | Instaplast03314065 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,148€ | — | 1 | 678€ |
| 4041 | Integra02059096 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 0 | — |
| 4042 | Investment House02787881 · Podgorica | 0.0% | 0€ | -100.0% | -36,069€ | — | 1 | — |
| 4043 | Irengen02673568 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,218€ | — | 1 | 675€ |
| 4044 | Istočnik02691736 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,062€ | — | 1 | 339€ |
| 4045 | Ivp Team Group03122956 · Podgorica | 0.0% | 0€ | -100.0% | -23,851€ | — | 2 | 677€ |
| 4046 | Izosmart Društvo za Specijalizovane i Ostale Građevinske Radove03363511 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,850€ | — | 1 | 677€ |
| 4047 | Jadran Izgradnja & Co03288331 · Podgorica | 0.0% | 0€ | -100.0% | -15,833€ | — | 1 | 580€ |
| 4048 | Jjav Tim03117022 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,110€ | — | 1 | 343€ |
| 4049 | Juniper Construction03720896 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,076€ | — | 1 | — |
| 4050 | Jure Solutions03795217 · Budva | 0.0% | 0€ | No filing for 2024. | -956€ | — | 1 | — |