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 1501–1550 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. |
| -9,139€ |
| — |
| 1 |
| 762€ |
| 1503 | Seacrest Development02662876 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1504 | VRL Constuction03795004 · Kotor | 0.0% | 0€ | No filing for 2024. | -1,317€ | — | 2 | — |
| 1505 | Buildinvest Mont02445484 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,936€ | — | 1 | 605€ |
| 1506 | Baltika02963892 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,556€ | — | 1 | 677€ |
| 1507 | Ay Mer Company03718034 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,210€ | — | — | — |
| 1508 | Cneg Invest03654095 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1509 | Ifs Group03741982 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -19,403€ | — | 1 | 455€ |
| 1510 | In Home Design03598349 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,284€ | — | 1 | 678€ |
| 1511 | In Stan Gradnja Nis03793494 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -2,347€ | — | 2 | — |
| 1512 | Fero Montenegro03597423 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,830€ | — | 1 | 898€ |
| 1513 | Simplifico03726223 · Podgorica | 0.0% | 0€ | No filing for 2024. | -46,284€ | — | 2 | 1,200€ |
| 1514 | S-Lux02677725 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,628€ | — | 1 | — |
| 1515 | Gradnja Gago03053784 · Bijelo Polje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1516 | H4 Inžinjering03766756 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -4,366€ | — | 1 | 364€ |
| 1517 | Hausbau A-Z03625443 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 1518 | Immo Lux03790126 · Petnjica | 0.0% | 0€ | No filing for 2024. | -552€ | — | 1 | — |
| 1519 | Mijo Gradnja03343391 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,197€ | — | 1 | 338€ |
| 1520 | MS Čabarkapa03236439 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,085€ | — | 1 | 674€ |
| 1521 | TBL03212971 · Bijelo Polje | 0.0% | 0€ | -100.0% | -2,025€ | — | 1 | — |
| 1522 | T&P03113329 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1523 | Pelister02416328 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,991€ | — | 1 | 678€ |
| 1524 | Vatan Group03575535 · Plav | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,688€ | — | 1 | — |
| 1525 | Bastion Development02668572 · Kotor | 0.0% | 0€ | -100.0% | -10,909€ | — | 1 | 677€ |
| 1526 | Zedux03180875 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1527 | Dog Trade03122549 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,142€ | — | 1 | 675€ |
| 1528 | Anchor Company03274691 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,008€ | — | 1 | 339€ |
| 1529 | Belle Maison02690675 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -93,394€ | — | 1 | 4,083€ |
| 1530 | New Building03468127 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,551€ | — | 1 | 675€ |
| 1531 | Rebus02718952 · Budva | 0.0% | 0€ | -100.0% | -8,719€ | — | 1 | 675€ |
| 1532 | MPC Grading03276996 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,178€ | — | 1 | — |
| 1533 | Pi Construction03154670 · Podgorica | 0.0% | 0€ | -100.0% | -12,518€ | — | 1 | 912€ |
| 1534 | Peninsular Development03338762 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,882€ | — | 1 | 563€ |
| 1535 | Sem Construction03515109 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,153€ | — | 2 | 421€ |
| 1536 | Meto Company03208702 · Budva | 0.0% | 0€ | -100.0% | -27,354€ | — | 2 | 679€ |
| 1537 | Brisku Construction02782065 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,778€ | — | 1 | 679€ |
| 1538 | Goldland Developments02624133 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,777€ | — | 1 | — |
| 1539 | Rigal Company03117677 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,940€ | — | 1 | 880€ |
| 1540 | Zec Investment03804470 · Tivat | 0.0% | 0€ | No filing for 2024. | -1,379€ | — | 0 | — |
| 1541 | Zvipp03086283 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,943€ | — | 1 | 338€ |
| 1542 | Dost03227065 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,278€ | — | 1 | 675€ |
| 1543 | Dpmnebu203338193 | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 1544 | Dream House Invest03540863 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,501€ | — | 1 | 677€ |
| 1545 | Ramović HNH03369048 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 1546 | Miele Marine03476243 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -183,389€ | — | 1 | 2,108€ |
| 1547 | Riva02049619 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 1548 | Yox Invest03752305 · Podgorica | 0.0% | 0€ | No filing for 2024. | -11,703€ | — | 1 | 654€ |
| 1549 | Nurkar Group03769275 · Budva | 0.0% | 0€ | No filing for 2024. | -3,498€ | — | 1 | — |
| 1550 | Lainović02807777 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |