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 4251–4300 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* |
|---|
| 4251 | Sigillum Invest03706214 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -59,586€ | — | 1 | 449€ |
| 4252 | Smart Luxury03494918 · Mojkovac | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,534€ | — | 1 | 740€ |
| 4253 | SNB Group02946475 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,050€ | — | 1 | 338€ |
| 4254 | SN Company03365590 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4255 | SN Invest03533166 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,312€ | — | 1 | — |
| 4256 | Soho Gradnja03037347 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,064€ | — | 1 | 338€ |
| 4257 | Solum03576655 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -167,260€ | — | 1 | 2,894€ |
| 4258 | Solum Golf03740650 · Tivat | 0.0% | 0€ | No filing for 2024. | -45,852€ | — | 1 | 1,313€ |
| 4259 | Solution Company03387674 · Nikšić | 0.0% | 0€ | -100.0% | -8,139€ | — | 1 | 678€ |
| 4260 | Souza Mont03723569 · Budva | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 4261 | Spark Company Mne03437884 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,151€ | — | 1 | 931€ |
| 4262 | Spring Cooling03746674 · Budva | 0.0% | 0€ | No filing for 2024. | -4,902€ | — | 1 | 409€ |
| 4263 | Stanojević & A.Đ.03399346 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,150€ | — | 1 | 679€ |
| 4264 | Steel Trade Group03500071 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,157€ | — | 1 | 1,350€ |
| 4265 | Stefano M02978342 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,034€ | — | 1 | — |
| 4266 | Stone Group03415201 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,188€ | — | 1 | 675€ |
| 4267 | Studio 4D Invest03530078 · Ulcinj | 0.0% | 0€ | -100.0% | -40,449€ | — | 1 | 1,049€ |
| 4268 | Sun Bre03609707 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,754€ | — | 1 | 1,268€ |
| 4269 | Super Fenix02694131 · Bar | 0.0% | 0€ | -100.0% | -8,161€ | — | 1 | 338€ |
| 4270 | Sutorman Gradnja03683583 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,504€ | — | 1 | — |
| 4271 | SVT - Mont02738155 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 4272 | Synchro PM203557782 · Tivat | 0.0% | 0€ | -100.0% | -22,865€ | — | 1 | — |
| 4273 | Tabor03232921 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,040€ | — | 1 | 678€ |
| 4274 | Tadu Montenegro03765288 · Budva | 0.0% | 0€ | No filing for 2024. | -4,489€ | — | 1 | 374€ |
| 4275 | Tan03232549 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,536€ | — | 1 | 711€ |
| 4276 | Tara Home03306879 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,034€ | — | 1 | — |
| 4277 | Tasyapi Insaat Taahhut Sanayi Ve Ticaret Anonim Sirketi03756530 · Podgorica | 0.0% | 0€ | No filing for 2024. | -720€ | — | 0 | — |
| 4278 | Taycan Construction03651746 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 4279 | Tehnomont02392275 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,421€ | — | 1 | 509€ |
| 4280 | Teira03385183 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 4281 | Teorema DM02676559 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 678€ |
| 4282 | Terranova Investicije Građevine Turizam03136736 · Podgorica | 0.0% | 0€ | -100.0% | -42,534€ | — | 1 | 611€ |
| 4283 | The Grozd Montenegro03656837 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,302€ | — | 1 | 442€ |
| 4284 | The Old Bakery03160955 · Budva | 0.0% | 0€ | -100.0% | -46,372€ | — | 2 | 424€ |
| 4285 | The Yard03494535 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,065€ | — | 1 | 678€ |
| 4286 | Thuna03587215 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 4287 | Timmel03785092 · Budva | 0.0% | 0€ | No filing for 2024. | -4,629€ | — | 1 | 306€ |
| 4288 | Tip - Top Construction03248739 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,683€ | — | 1 | 667€ |
| 4289 | TMD Montenegro Company03682358 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,469€ | — | 1 | 677€ |
| 4290 | Tok Group Mne03398935 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,995€ | — | 1 | — |
| 4291 | Top - Tim02669501 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,144€ | — | 1 | 920€ |
| 4292 | Tosun Global03716058 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,971€ | — | 1 | 573€ |
| 4293 | Trace Group Hold PLC03777472 · Podgorica | 0.0% | 0€ | No filing for 2024. | -1,131€ | — | 0 | — |
| 4294 | Trendmode03382192 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 338€ |
| 4295 | Trgomax03810615 · Podgorica | 0.0% | 0€ | No filing for 2024. | -47€ | — | 1 | — |
| 4296 | Trinvest03178366 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,050€ | — | 1 | 338€ |
| 4297 | Trois Bu203720152 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,314€ | — | 1 | 338€ |
| 4298 | TT - Com02808943 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,053€ | — | 1 | 338€ |
| 4299 | Tuku Contracting and Investment03190897 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,595€ | — | 1 | — |
| 4300 | Tunca03195724 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,871€ | — | 1 | 929€ |