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 1601–1650 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. |
| -8,120€ |
| — |
| 1 |
| 677€ |
| 1603 | Jokić ZP02670194 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,072€ | — | 1 | 338€ |
| 1604 | Dubravski Zaliv 202730367 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,796€ | — | 1 | 674€ |
| 1605 | Barlas03549542 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,043€ | — | 1 | — |
| 1606 | Ersoy03393771 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,695€ | — | 1 | — |
| 1607 | Gardlex Mne03695930 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,480€ | — | 1 | — |
| 1608 | Hortos One03582329 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,045€ | — | 1 | 670€ |
| 1609 | Red Apple03407608 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,514€ | — | 1 | 677€ |
| 1610 | Ideal Development02653630 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -36,544€ | — | 1 | 1,474€ |
| 1611 | Marketri03693511 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,526€ | — | 1 | 678€ |
| 1612 | Duman Invest03540120 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,133€ | — | 1 | 677€ |
| 1613 | Durmaz Group03568237 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,183€ | — | 1 | 677€ |
| 1614 | Ecumene03465900 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -28,881€ | — | 3 | 569€ |
| 1615 | Efe Company Construction03715914 · Budva | 0.0% | 0€ | No filing for 2024. | -4,378€ | — | 1 | 365€ |
| 1616 | Efe-Mne03496058 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,535€ | — | 1 | 675€ |
| 1617 | Efulim03597695 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,852€ | — | 1 | 678€ |
| 1618 | Ekotektura Projekt03783707 · Podgorica | 0.0% | 0€ | No filing for 2024. | -801€ | — | 0 | — |
| 1619 | Elips-Mode03382265 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 1620 | Elmont02089939 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,395€ | — | 1 | — |
| 1621 | Em Concept03653595 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,437€ | — | 2 | 650€ |
| 1622 | Emerald Garden Residence03735702 · Podgorica | 0.0% | 0€ | No filing for 2024. | -194,346€ | — | 1 | 4,685€ |
| 1623 | Engineering Construction & Reconstruction CO. LLC03302580 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,355€ | — | 0 | — |
| 1624 | Ens Construction and Trading03359735 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,242€ | — | 1 | 926€ |
| 1625 | Enzo Company03682722 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 678€ |
| 1626 | Ers MN03379671 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,569€ | — | 1 | 678€ |
| 1627 | Euro Company Kutsch03757986 · Bar | 0.0% | 0€ | No filing for 2024. | -55,250€ | — | 1 | — |
| 1628 | Euro Izgradnja Ličina02865912 · Petnjica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,109€ | — | 1 | 675€ |
| 1629 | Euroluxury03243346 · Bar | 0.0% | 0€ | No filing for 2024. | -2,290€ | — | 1 | — |
| 1630 | Europolis Plus03353346 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -37€ | — | — | — |
| 1631 | F1 Petrol & KFC03228118 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,663€ | — | 1 | 678€ |
| 1632 | Fabrika Stanova03784177 · Podgorica | 0.0% | 0€ | No filing for 2024. | -954€ | — | 1 | — |
| 1633 | Feast Moontenegro Group03475166 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 1634 | Final Trade02662574 · Bar | 0.0% | 0€ | No filing for 2024. | -16,278€ | — | 3 | 452€ |
| 1635 | Fundamentum03339181 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,129€ | — | 1 | — |
| 1636 | Gajić Keramika03746437 · Bar | 0.0% | 0€ | No filing for 2024. | -1,196€ | — | 1 | — |
| 1637 | Gavr Construction03646084 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,207€ | — | 1 | 677€ |
| 1638 | Gintas Real Estate Investment03261638 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,877€ | — | 1 | 929€ |
| 1639 | Mirox02382822 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,097€ | — | 1 | — |
| 1640 | Global Adriatic03279235 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -87,968€ | — | 1 | 2,238€ |
| 1641 | GMG Group03108341 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1642 | Gos Investment03537773 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1643 | GP Piramida - Euro Gradnje03095967 · Petnjica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,899€ | — | 1 | 549€ |
| 1644 | Green Invest02887274 · Nikšić | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 1645 | Green Toprak03345360 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,297€ | — | 1 | 675€ |
| 1646 | GZ Construct03783103 · Budva | 0.0% | 0€ | No filing for 2024. | -1,726€ | — | 1 | — |
| 1647 | GZNR Construction03241181 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,986€ | — | 1 | 916€ |
| 1648 | GZNR Group03233090 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,852€ | — | 3 | 857€ |
| 1649 | Haila03687635 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 1650 | HCC Construction03630668 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,738€ | — | 1 | 929€ |