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 1151–1200 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*
0.0% |
| 0€ |
| No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. |
| -18,982€ |
| — |
| 1 |
| 926€ |
| 1153 | Derun Group03568423 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,193€ | — | 1 | 677€ |
| 1154 | Diamond Building Mne03260984 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,338€ | — | 1 | 608€ |
| 1155 | Ditega03136221 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,167€ | — | 1 | 670€ |
| 1156 | Aa Plus Development03546144 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,647€ | — | 1 | 927€ |
| 1157 | Ab Global Mne03796264 · Podgorica | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 1158 | Ab Ing03278425 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,011€ | — | 1 | 520€ |
| 1159 | Adl Construction03391663 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,634€ | — | 1 | 922€ |
| 1160 | Adm Company03791661 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -1,853€ | — | 1 | — |
| 1161 | Ado Capital03634469 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 1162 | Adoria Real Estate03708349 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,942€ | — | 1 | 452€ |
| 1163 | Adra Construction03214338 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 1164 | Adriatic Coast Construction03625893 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -717€ | — | — | — |
| 1165 | Adriatic Coast Invest03629309 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1166 | Adriatic Gold Mountain03729630 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -19,253€ | — | 2 | 753€ |
| 1167 | Adriatic Project03395162 · Ulcinj | 0.0% | 0€ | -100.0% | -105,750€ | — | 2 | 1,817€ |
| 1168 | Adriatika Development02926954 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,735€ | — | 1 | 677€ |
| 1169 | Aegean Sun Montenegro03701646 · Budva | 0.0% | 0€ | No filing for 2024. | -6,826€ | — | 1 | 511€ |
| 1170 | Afdn Company03364267 · Podgorica | 0.0% | 0€ | -100.0% | -8,153€ | — | 1 | 679€ |
| 1171 | A.I. Monte Group03589102 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,106€ | — | 1 | 339€ |
| 1172 | Akardag Balkan Horizons03798488 · Budva | 0.0% | 0€ | No filing for 2024. | -2,035€ | — | 1 | — |
| 1173 | Akar03465454 · Bijelo Polje | 0.0% | 0€ | -100.0% | -13,563€ | — | 1 | — |
| 1174 | Akom Investment03782506 · Budva | 0.0% | 0€ | No filing for 2024. | -2,224€ | — | 1 | — |
| 1175 | Akvamontmerc03782522 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -3,896€ | — | 1 | — |
| 1176 | Al Akord03242498 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,561€ | — | 3 | 568€ |
| 1177 | Alart Centar-Budva CG02789132 · Budva | 0.0% | 0€ | -100.0% | -114,333€ | — | 6 | 895€ |
| 1178 | Alavista Capital03749657 · Budva | 0.0% | 0€ | No filing for 2024. | -4,260€ | — | 1 | 350€ |
| 1179 | Albanica03578291 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 1180 | Am Constructions03552829 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 1181 | Anchorman Holdings Inc (montenegro)02891891 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -51,289€ | — | 1 | 415€ |
| 1182 | Aninda Emlak03490386 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,426€ | — | 1 | 452€ |
| 1183 | A&N Invest03645304 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,865€ | — | 1 | 675€ |
| 1184 | Anova Resort03564088 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 1185 | Aos Trading03400859 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,287€ | — | 1 | 920€ |
| 1186 | Aras Dila03744469 · Podgorica | 0.0% | 0€ | No filing for 2024. | -5,876€ | — | 1 | 490€ |
| 1187 | Archi Room03226042 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -85,412€ | — | 2 | 2,270€ |
| 1188 | Aresmak Machinery & Engineering03782727 · Budva | 0.0% | 0€ | No filing for 2024. | -2,220€ | — | 1 | — |
| 1189 | Arhimed Grupa03735826 · Podgorica | 0.0% | 0€ | No filing for 2024. | -3,846€ | — | 1 | 321€ |
| 1190 | Arkeyapi Gradnja03236099 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,224€ | — | 1 | 922€ |
| 1191 | Artline Group03431380 · Danilovgrad | 0.0% | 0€ | -100.0% | -10,206€ | — | 1 | 800€ |
| 1192 | Arx03237966 · Zeta | 0.0% | 0€ | -100.0% | -11,007€ | — | 1 | 743€ |
| 1193 | As Group02713900 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,576€ | — | 2 | — |
| 1194 | Asi & Co03396193 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -56,643€ | — | 3 | 586€ |
| 1195 | Asr Mne03630234 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,318€ | — | 1 | 904€ |
| 1196 | Ata Holding03620930 · Podgorica | 0.0% | 0€ | -100.0% | -7,863€ | — | 1 | 595€ |
| 1197 | Atlas Construction03236943 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,275€ | — | 1 | 943€ |
| 1198 | Avarkan03621154 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,483€ | — | 1 | 539€ |
| 1199 | Avilon Construction03806995 · Nikšić | 0.0% | 0€ | No filing for 2024. | -181€ | — | 1 | — |
| 1200 | Ayaz Group Investment03159507 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,410€ | — | 1 | — |