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 401–450 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* |
|---|
| 401 | Ip Systems02865742 · Podgorica | <0.1% | 776,195€ | +37.3% | 1,728€ | 0.2% | 14 | 1,585€ |
| 402 | Morea Residence03271293 · Ulcinj | <0.1% | 775,021€ | +50.7% | 8,741€ | 1.1% | 1 | 1,433€ |
| 403 | Misla Gradnja03629678 · Podgorica | <0.1% | 774,979€ | +19.9% | -43,463€ | -5.6% | 24 | 2,454€ |
| 404 | Redza Remodeling03111130 · Ulcinj | <0.1% | 773,999€ | +119.7% | 25,911€ | 3.3% | 2 | 531€ |
| 405 | Pro MB03686671 · Podgorica | <0.1% | 767,020€ | +160.3% | -82,023€ | -10.7% | 23 | 2,359€ |
| 406 | Prima Lift03517055 · Ulcinj | <0.1% | 764,981€ | +22.9% | 20,252€ | 2.6% | 5 | 1,053€ |
| 407 | Enterijer Janković Company03389120 · Tivat | <0.1% | 761,776€ | -70.4% | -838,359€ | -110.1% | 3 | 1,896€ |
| 408 | Studio M Construction03650731 · Podgorica | <0.1% | 760,899€ | -52.5% | -193,626€ | -25.4% | 1 | 357€ |
| 409 | Konstrukt03585352 · Podgorica | <0.1% | 759,112€ | +560.3% | 9,734€ | 1.3% | 1 | 829€ |
| 410 | Mining - Mont02711010 · Pljevlja | <0.1% | 757,407€ | +3.5% | 53,395€ | 7.0% | 8 | 1,264€ |
| 411 | Sodeo Enginering03334767 · Budva | <0.1% | 754,846€ | -42.5% | -72,108€ | -9.6% | 27 | 748€ |
| 412 | Paki02707381 · Budva | <0.1% | 752,003€ | -12.4% | 97,889€ | 13.0% | 10 | 766€ |
| 413 | Atp Investment03338983 · Budva | <0.1% | 751,072€ | -16.9% | 29,895€ | 4.0% | 15 | 1,482€ |
| 414 | Kiko Construction03423859 · Plav | <0.1% | 747,848€ | +253.2% | 77,361€ | 10.3% | 6 | 963€ |
| 415 | Britania Homes03664830 · Ulcinj | <0.1% | 746,845€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 10,049€ | 1.3% | 1 | 1,271€ |
| 416 | Gradnja02811243 · Bijelo Polje | <0.1% | 746,410€ | -18.4% | 1,611€ | 0.2% | 24 | 757€ |
| 417 | North Light03170977 · Podgorica | <0.1% | 745,706€ | +3.7% | 122,048€ | 16.4% | 4 | 1,480€ |
| 418 | Correct Company03268225 · Herceg Novi | <0.1% | 742,661€ | -16.0% | 115,950€ | 15.6% | 11 | 2,224€ |
| 419 | MET&ALU Plast03003833 · Danilovgrad | <0.1% | 741,388€ | +238.0% | 60,595€ | 8.2% | 7 | 1,116€ |
| 420 | Betonmix03123359 · Budva | <0.1% | 740,479€ | -31.0% | 181,867€ | 24.6% | 5 | 1,509€ |
| 421 | Max Construction03491552 · Ulcinj | <0.1% | 737,286€ | +81.5% | -94,552€ | -12.8% | 20 | 714€ |
| 422 | Investeam03310558 · Podgorica | <0.1% | 733,352€ | +333.5% | 5,309€ | 0.7% | 6 | 2,244€ |
| 423 | Natural Stone & Art02853833 · Cetinje | <0.1% | 731,040€ | +153.0% | 48,491€ | 6.6% | 6 | 2,866€ |
| 424 | GP Onyx03333582 · Podgorica | <0.1% | 730,758€ | -2.5% | 73,318€ | 10.0% | 9 | 909€ |
| 425 | Ertek03467031 · Podgorica | <0.1% | 730,116€ | +130.1% | 166,814€ | 22.8% | 3 | 732€ |
| 426 | Zain Property Development03103331 · Podgorica | <0.1% | 726,926€ | -44.9% | -22,448€ | -3.1% | 1 | 5,952€ |
| 427 | Superior Gradnja03395634 · Nikšić | <0.1% | 719,290€ | -65.6% | 29,626€ | 4.1% | 17 | 913€ |
| 428 | Miltom Inženjering03665003 · Podgorica | <0.1% | 717,432€ | +1,691.0% | 40,855€ | 5.7% | 13 | 458€ |
| 429 | Rovčanin Group02850460 · Bijelo Polje | <0.1% | 717,352€ | +64.7% | 104,314€ | 14.5% | 7 | 770€ |
| 430 | Zaštita Prostora Crne Gore03319911 · Danilovgrad | <0.1% | 715,535€ | +1.2% | 4,817€ | 0.7% | 23 | 1,637€ |
| 431 | Frimel02627540 · Podgorica | <0.1% | 715,097€ | +23.6% | 151,115€ | 21.1% | 12 | 1,200€ |
| 432 | Lange Bau03032132 · Podgorica | <0.1% | 714,093€ | +297.7% | 202,525€ | 28.4% | 7 | 1,645€ |
| 433 | Optoinženjering02712296 · Podgorica | <0.1% | 707,489€ | -7.5% | 52,625€ | 7.4% | 12 | 1,995€ |
| 434 | Art Stone02738228 · Podgorica | <0.1% | 702,714€ | +35.9% | 84,404€ | 12.0% | 1 | 1,911€ |
| 435 | Loci Invest03276007 · Podgorica | <0.1% | 702,349€ | +1.2% | -7,603€ | -1.1% | 17 | 670€ |
| 436 | Dom-Plus03673898 · Bijelo Polje | <0.1% | 698,981€ | +53.0% | 12,036€ | 1.7% | 1 | 2,719€ |
| 437 | Tecta Inženjering03211622 · Podgorica | <0.1% | 687,604€ | -41.9% | 43,977€ | 6.4% | 3 | 2,352€ |
| 438 | Besi Group03301354 · Ulcinj | <0.1% | 684,037€ | +100.6% | 93,132€ | 13.6% | 19 | 747€ |
| 439 | GC Construction03486451 · Podgorica | <0.1% | 683,544€ | -23.0% | 167,625€ | 24.5% | 30 | 539€ |
| 440 | Igalopromet02069962 · Herceg Novi | <0.1% | 683,446€ | -14.6% | 68,413€ | 10.0% | 14 | 637€ |
| 441 | Eurobin03379167 · Podgorica | <0.1% | 678,708€ | +23.3% | 203,813€ | 30.0% | 5 | 2,005€ |
| 442 | Dema02636484 · Kotor | <0.1% | 676,879€ | -25.3% | 9,641€ | 1.4% | 40 | 902€ |
| 443 | CG Rad02964791 · Podgorica | <0.1% | 672,609€ | -2.8% | 8,759€ | 1.3% | 7 | 1,912€ |
| 444 | Sunblock Mne03292142 · Podgorica | <0.1% | 670,935€ | -25.9% | 44,973€ | 6.7% | 2 | 2,376€ |
| 445 | Art Construction03223159 · Podgorica | <0.1% | 668,341€ | -1.5% | -81,112€ | -12.1% | 5 | 1,519€ |
| 446 | Megatron02218968 · Herceg Novi | <0.1% | 667,485€ | -62.4% | 42,170€ | 6.3% | 12 | 1,000€ |
| 447 | Ibrahimović03562123 · Bar | <0.1% | 663,878€ | +645.6% | 251,354€ | 37.9% | 3 | 567€ |
| 448 | Elektromontaža CG03235858 · Podgorica | <0.1% | 662,252€ | +272.3% | -73,841€ | -11.1% | 1 | 1,502€ |
| 449 | Podgorica Invest03288633 · Budva | <0.1% | 660,923€ | +23.0% | 14,034€ | 2.1% | 1 | 5,780€ |
| 450 | M&V Bojanić03151905 · Kotor | <0.1% | 658,559€ | +34.4% | 59,479€ | 9.0% | 10 | 1,203€ |