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 4301–4334 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* |
|---|
| 4301 | TVT CZ02628279 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -44,275€ | — | 1 | 811€ |
| 4302 | Tyee03641848 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,226€ | — | 1 | 675€ |
| 4303 | Udarnik02685990 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,435€ | — | 1 | — |
| 4304 | Ulcinj Resort02622521 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,034€ | — | 1 | — |
| 4305 | Ul - Investment02749106 · Ulcinj | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 4306 | Umitli03273440 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,123€ | — | 1 | 677€ |
| 4307 | Up Gradnja03500888 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,002€ | — | 1 | 333€ |
| 4308 | Urus M03539644 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,717€ | — | 1 | — |
| 4309 | Usya03195333 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,883€ | — | 1 | 929€ |
| 4310 | Victory United03373762 · Podgorica | 0.0% | 0€ | -100.0% | -37,298€ | — | 2 | 607€ |
| 4311 | Villas Elleven03594106 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,157€ | — | 1 | 986€ |
| 4312 | Viner Co02800578 · Danilovgrad | 0.0% | 0€ | No filing for 2024. | -16,101€ | — | 2 | 671€ |
| 4313 | Vitalia Espanol Corporation03678733 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,390€ | — | 2 | 594€ |
| 4314 | V.T.Group02692066 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 4315 | Waterline03788814 · Budva | 0.0% | 0€ | No filing for 2024. | -3,206€ | — | 2 | — |
| 4316 | Welting Co02953676 · Budva | 0.0% | 0€ | -100.0% | -4,088€ | — | 1 | 338€ |
| 4317 | Wendkuni03503968 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 4318 | West Gradnja03747620 · Zeta | 0.0% | 0€ | No filing for 2024. | -9,873€ | — | 1 | 665€ |
| 4319 | West Truck02835258 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,270€ | — | 2 | 590€ |
| 4320 | Wind Construction Company03334457 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -136,377€ | — | 3 | 952€ |
| 4321 | Winmore Investments02703220 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,175€ | — | 1 | — |
| 4322 | Wow0903613399 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,207€ | — | 2 | 545€ |
| 4323 | Wulfconsult03389324 · Budva | 0.0% | 0€ | -100.0% | -78,562€ | — | 1 | 1,232€ |
| 4324 | Yamal Plus03651185 · Budva | 0.0% | 0€ | -100.0% | -13,135€ | — | 1 | 675€ |
| 4325 | Yontem Mne03720292 · Budva | 0.0% | 0€ | No filing for 2024. | -13,692€ | — | 2 | 544€ |
| 4326 | Žabljak Eco Estate03355233 · Podgorica | 0.0% | 0€ | -100.0% | -201,716€ | — | 3 | 1,652€ |
| 4327 | Zara Engineering and Construction Company03667499 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,463€ | — | 1 | 929€ |
| 4328 | Zetagradnja - Čelebić02738473 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,136€ | — | 1 | — |
| 4329 | Žig - Co02637138 · Budva | 0.0% | 0€ | -100.0% | -53,661€ | — | 3 | 842€ |
| 4330 | Zlatibor Inženjering03017931 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,400€ | — | 1 | 450€ |
| 4331 | Zlatni Izvor02632381 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,797€ | — | 1 | 678€ |
| 4332 | Zodra02947153 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 4333 | Potpourri Development02447827 · Budva | 0.0% | -7,935€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -40,317€ | — | 1 | 1,029€ |
| 4334 | Mijami Montenegro03458920 · Podgorica | 0.0% | -10,770€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -66,225€ | — | 1 | — |