Revenue
57.1% of sector revenue
1,855 companies earned 1.17b€ in 2025, 57.1% of Construction sector revenue. Revenue has grown 3.5× since 2015.
57.1% of sector revenue
1,075 with at most one employee
Largest employer: Bemax (134)
Median company 2.1% · 34% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 1051–1100 of 1,855
* 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 →
Profit excludes 4 filings with an implausible profit.
Totals include 8 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 339,170,395€ | 646 |
| 2016 | 409,084,630€ | 704 |
| 2017 | 538,686,684€ | 783 |
| 2018 | 565,309,113€ | 979 |
| 2019 | 755,222,719€ | 1,110 |
| 2020 | 527,687,241€ | 1,222 |
| 2021 | 465,629,933€ | 1,344 |
| 2022 | 667,728,208€ | 1,500 |
| 2023 | 735,632,804€ | 1,717 |
| 2024 | 860,797,103€ | 1,853 |
| 2025 (Preliminary) | 1,171,418,644€ | 1,855 |
The number of companies jumped most in 2018: from 783 to 979.
Employees and payroll cost per employee per month*
<0.1% |
| 121€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -68,160€ |
| Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. |
| 2 |
| — |
| 1053 | Bonita Invest02859777 · Budva | <0.1% | 114€ | +58.3% | -33,030€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 1054 | CG Hotel03147045 · Tivat | <0.1% | 113€ | +222.9% | -171,169€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,521€ |
| 1055 | Spencer&Hill Construction03239691 · Podgorica | <0.1% | 113€ | -75.2% | -4,466€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 340€ |
| 1056 | Finanzza Real Estate03693201 · Podgorica | <0.1% | 78€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -212,726€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 653€ |
| 1057 | Empresa Mimoza03301818 · Tivat | <0.1% | 77€ | +2,466.7% | -925,042€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 2,610€ |
| 1058 | Neimarstvo02631628 · Herceg Novi | <0.1% | 50€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | 0.0% | 1 | — |
| 1059 | Koinvizyon03691896 · Herceg Novi | <0.1% | 50€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,415€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 742€ |
| 1060 | Badem Management03183386 · Tivat | <0.1% | 43€ | -100.0% | -23,083€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 713€ |
| 1061 | Api Novi03528235 · Podgorica | <0.1% | 28€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -50,117€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 932€ |
| 1062 | Microtechnical Electronic03299562 · Budva | <0.1% | 23€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,013€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 1063 | Kale Contractor Company03257568 · Budva | <0.1% | 22€ | No filing for 2024. | -2,014€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 1064 | Octopus Montenegro03599060 · Herceg Novi | <0.1% | 21€ | -99.8% | -13,008€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 927€ |
| 1065 | Madams Palace03152995 · Bar | <0.1% | 20€ | +5.3% | -161,440€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 2,103€ |
| 1066 | E&S Stroi Group03537021 · Tivat | <0.1% | 11€ | -98.2% | -36,528€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 342€ |
| 1067 | Galeos Invest03547469 · Tivat | <0.1% | 10€ | +400.0% | -26,829€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 1068 | Winpamon03468020 · Podgorica | <0.1% | 8€ | +700.0% | -49,087€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 3,072€ |
| 1069 | Five Stars International03606279 · Ulcinj | <0.1% | 6€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -55,020€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 2,279€ |
| 1070 | Trema Engineering 202702983 · Ulcinj | <0.1% | 5€ | -78.3% | -12,399€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 1071 | Kota Negro03530205 · Budva | <0.1% | 5€ | +150.0% | -33,657€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 1072 | D Connect03620859 · Podgorica | <0.1% | 4€ | 0.0% | -20,973€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 749€ |
| 1073 | Zeta Inženjering03397661 · Podgorica | <0.1% | 4€ | -100.0% | -19,252€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 334€ |
| 1074 | Anđelić Group Construction03786196 · Kotor | <0.1% | 3€ | No filing for 2024. | -105,866€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 1075 | Deal Construction03625338 · Budva | <0.1% | 3€ | -100.0% | -11,960€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 755€ |
| 1076 | Park Blok03792897 · Podgorica | <0.1% | 2€ | No filing for 2024. | -12,298€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 1077 | Partners Construction03610004 · Ulcinj | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -66,770€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 983€ |
| 1078 | Terracapital03605604 · Podgorica | <0.1% | 2€ | 0.0% | -10,397€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 1079 | Acinerd Invest03696766 · Ulcinj | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,430€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,247€ |
| 1080 | Al-So Real Estate03777928 · Berane | <0.1% | 1€ | No filing for 2024. | -43,316€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 1081 | Dobrota Residence03563499 · Kotor | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -51,282€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 509€ |
| 1082 | Forte Mare Invest03058409 · Herceg Novi | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,039€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 1083 | Unedo03654770 · Kotor | <0.1% | 1€ | 0.0% | -15,551€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 1084 | Dom Xxi02669820 · Podgorica | <0.1% | 1€ | -99.6% | -31,413€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,850€ |
| 1085 | Mymond03710777 · Budva | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -52,025€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,120€ |
| 1086 | SBN Group03341836 · Budva | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,712€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 309€ |
| 1087 | Synchro PM103557766 · Tivat | <0.1% | 1€ | -99.9% | -344,653€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 1088 | A3 Team E - Plus Invest03492311 · Bar | 0.0% | 0€ | -100.0% | -57,205€ | — | 3 | 986€ |
| 1089 | Aa Invest03720918 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,689€ | — | 1 | 959€ |
| 1090 | Abk03798747 · Budva | 0.0% | 0€ | No filing for 2024. | -187€ | — | 1 | — |
| 1091 | Active Construction03644090 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,572€ | — | 2 | 696€ |
| 1092 | Kompas-Arming02291754 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,203€ | — | 1 | — |
| 1093 | Adria Serenity Invest03254879 · Herceg Novi | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1094 | Adriatic Dreams02667916 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 1095 | Aedis Development03740846 · Bar | 0.0% | 0€ | No filing for 2024. | -2,727€ | — | 1 | — |
| 1096 | Aga Construction03355128 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,704€ | — | 1 | 678€ |
| 1097 | Ajdarpašić Construction03287122 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,953€ | — | 2 | 388€ |
| 1098 | Ak Group03163628 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,583€ | — | 1 | — |
| 1099 | Akropol Construction & Consultancy03740617 · Budva | 0.0% | 0€ | No filing for 2024. | -5,210€ | — | 1 | 434€ |
| 1100 | Alart International CG02711036 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,079€ | — | 1 | 670€ |