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 4101–4150 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* |
|---|
| 4101 | Marketai03644677 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,650€ | — | 1 | 719€ |
| 4102 | Marterra03782611 · Bar | 0.0% | 0€ | No filing for 2024. | -773€ | — | 1 | — |
| 4103 | Matsenko Gradnja03670783 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,131€ | — | 1 | 678€ |
| 4104 | Mattone Doro02303736 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,701€ | — | 1 | — |
| 4105 | Max Gradnja03501981 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,153€ | — | 1 | 675€ |
| 4106 | MB Invest02952521 · Tivat | 0.0% | 0€ | -100.0% | -10,012€ | — | 1 | 679€ |
| 4107 | MB Inženjering03363147 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,359€ | — | 1 | 530€ |
| 4108 | MD Gradnja03168344 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,030€ | — | 2 | 678€ |
| 4109 | Mag Gradnja03788245 · Bar | 0.0% | 0€ | No filing for 2024. | -227€ | — | 0 | — |
| 4110 | Medal03018849 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,370€ | — | 2 | 538€ |
| 4111 | Mediterraneo Gradnja - Construction03122492 · Ulcinj | 0.0% | 0€ | -100.0% | -8,139€ | — | 1 | 678€ |
| 4112 | Megrus Construction03668797 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4113 | Meister Degel Bau03592154 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,193€ | — | 1 | 677€ |
| 4114 | Menadžer-Lukavac03203271 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -32,628€ | — | 2 | 822€ |
| 4115 | Mertali Group03720012 · Budva | 0.0% | 0€ | No filing for 2024. | -2,713€ | — | 1 | — |
| 4116 | Mesa Mne03807410 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 4117 | Mesa North03810623 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 4118 | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,391€ | — | 1 | 924€ | |
| 4119 | Messi61-Mne03701883 · Budva | 0.0% | 0€ | No filing for 2024. | -6,782€ | — | 1 | 563€ |
| 4120 | Metralis03782590 · Nikšić | 0.0% | 0€ | No filing for 2024. | -3,465€ | — | 1 | — |
| 4121 | MH Bau03806421 · Rožaje | 0.0% | 0€ | No filing for 2024. | -771€ | — | 1 | — |
| 4122 | MHT FSM03624790 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 4123 | Mia Investments03207684 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4124 | Mijović Elektro03580547 · Podgorica | 0.0% | 0€ | -100.0% | -8,139€ | — | 1 | 678€ |
| 4125 | Milda-Mne03498069 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,215€ | — | 1 | 675€ |
| 4126 | Milla-Impex02198312 · Ulcinj | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4127 | Millennium Team02966301 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -25,064€ | — | 1 | 1,441€ |
| 4128 | Mim Group03284280 · Podgorica | 0.0% | 0€ | -100.0% | -35,556€ | — | 1 | 1,161€ |
| 4129 | Mirna Dom03186296 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,333€ | — | 1 | 677€ |
| 4130 | Mirna Dom Group03452549 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,792€ | — | 3 | 742€ |
| 4131 | M&J Invest02418428 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -29,208€ | — | 2 | 1,206€ |
| 4132 | Mka Group03155803 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4133 | MMS International03329496 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,235€ | — | 1 | 707€ |
| 4134 | Mobirey03537137 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,638€ | — | 1 | 675€ |
| 4135 | Moda Structure03278158 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,307€ | — | 1 | 851€ |
| 4136 | Mod Energo03771172 · Tivat | 0.0% | 0€ | No filing for 2024. | -120,943€ | — | 0 | — |
| 4137 | Momče & Tim03308553 · Tivat | 0.0% | 0€ | -100.0% | -9,628€ | — | 2 | 340€ |
| 4138 | Monachus Montenegro03461742 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,504€ | — | 2 | 687€ |
| 4139 | Mons Company03679268 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,878€ | — | 3 | 313€ |
| 4140 | Montana Bay Properties03746569 · Budva | 0.0% | 0€ | No filing for 2024. | -1,431€ | — | 1 | — |
| 4141 | Monte Art Universe02881586 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4142 | Monte Bau Inžinjering02639335 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 4143 | Monte Futuro02632209 · Pljevlja | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4144 | Monte Inženjering02926512 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,467€ | — | 1 | 677€ |
| 4145 | Montekonstrukt03801241 · Budva | 0.0% | 0€ | No filing for 2024. | -6,289€ | — | 1 | — |
| 4146 | Montenegrodepot03309029 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,132€ | — | 1 | 344€ |
| 4147 | Montenegro Holdings03163563 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,692€ | — | 1 | 552€ |
| 4148 | Montenegro Resort Development Holding Ba02755068 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,012€ | — | 1 | — |
| 4149 | Montenegro Roads03275655 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,639€ | — | 1 | 950€ |
| 4150 | Monte Property03600351 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,562€ | — | 1 | 962€ |