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 1801–1850 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. |
| -21,157€ |
| — |
| 1 |
| 1,350€ |
| 1803 | Stefano M02978342 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,034€ | — | 1 | — |
| 1804 | Stone Group03415201 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,188€ | — | 1 | 675€ |
| 1805 | Studio 4D Invest03530078 · Ulcinj | 0.0% | 0€ | -100.0% | -40,449€ | — | 1 | 1,049€ |
| 1806 | Sun Bre03609707 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,754€ | — | 1 | 1,268€ |
| 1807 | Super Fenix02694131 · Bar | 0.0% | 0€ | -100.0% | -8,161€ | — | 1 | 338€ |
| 1808 | Sutorman Gradnja03683583 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,504€ | — | 1 | — |
| 1809 | SVT - Mont02738155 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 1810 | Synchro PM203557782 · Tivat | 0.0% | 0€ | -100.0% | -22,865€ | — | 1 | — |
| 1811 | Tadu Montenegro03765288 · Budva | 0.0% | 0€ | No filing for 2024. | -4,489€ | — | 1 | 374€ |
| 1812 | Tan03232549 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,536€ | — | 1 | 711€ |
| 1813 | Tehnomont02392275 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,421€ | — | 1 | 509€ |
| 1814 | Teira03385183 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 1815 | Terranova Investicije Građevine Turizam03136736 · Podgorica | 0.0% | 0€ | -100.0% | -42,534€ | — | 1 | 611€ |
| 1816 | The Grozd Montenegro03656837 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,302€ | — | 1 | 442€ |
| 1817 | The Old Bakery03160955 · Budva | 0.0% | 0€ | -100.0% | -46,372€ | — | 2 | 424€ |
| 1818 | The Yard03494535 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,065€ | — | 1 | 678€ |
| 1819 | Thuna03587215 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 1820 | Timmel03785092 · Budva | 0.0% | 0€ | No filing for 2024. | -4,629€ | — | 1 | 306€ |
| 1821 | Tip - Top Construction03248739 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,683€ | — | 1 | 667€ |
| 1822 | TMD Montenegro Company03682358 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,469€ | — | 1 | 677€ |
| 1823 | Tok Group Mne03398935 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,995€ | — | 1 | — |
| 1824 | Top - Tim02669501 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,144€ | — | 1 | 920€ |
| 1825 | Tosun Global03716058 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,971€ | — | 1 | 573€ |
| 1826 | Trendmode03382192 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 338€ |
| 1827 | Trois Bu203720152 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,314€ | — | 1 | 338€ |
| 1828 | Tuku Contracting and Investment03190897 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,595€ | — | 1 | — |
| 1829 | Tunca03195724 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,871€ | — | 1 | 929€ |
| 1830 | TVT CZ02628279 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -44,275€ | — | 1 | 811€ |
| 1831 | Tyee03641848 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,226€ | — | 1 | 675€ |
| 1832 | Udarnik02685990 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,435€ | — | 1 | — |
| 1833 | Umitli03273440 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,123€ | — | 1 | 677€ |
| 1834 | Up Gradnja03500888 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,002€ | — | 1 | 333€ |
| 1835 | Urus M03539644 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,717€ | — | 1 | — |
| 1836 | Usya03195333 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,883€ | — | 1 | 929€ |
| 1837 | Victory United03373762 · Podgorica | 0.0% | 0€ | -100.0% | -37,298€ | — | 2 | 607€ |
| 1838 | Villas Elleven03594106 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,157€ | — | 1 | 986€ |
| 1839 | Viner Co02800578 · Danilovgrad | 0.0% | 0€ | No filing for 2024. | -16,101€ | — | 2 | 671€ |
| 1840 | Welting Co02953676 · Budva | 0.0% | 0€ | -100.0% | -4,088€ | — | 1 | 338€ |
| 1841 | Wendkuni03503968 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1842 | West Gradnja03747620 · Zeta | 0.0% | 0€ | No filing for 2024. | -9,873€ | — | 1 | 665€ |
| 1843 | Wind Construction Company03334457 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -136,377€ | — | 3 | 952€ |
| 1844 | Wow0903613399 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,207€ | — | 2 | 545€ |
| 1845 | Wulfconsult03389324 · Budva | 0.0% | 0€ | -100.0% | -78,562€ | — | 1 | 1,232€ |
| 1846 | Yamal Plus03651185 · Budva | 0.0% | 0€ | -100.0% | -13,135€ | — | 1 | 675€ |
| 1847 | Yontem Mne03720292 · Budva | 0.0% | 0€ | No filing for 2024. | -13,692€ | — | 2 | 544€ |
| 1848 | Žabljak Eco Estate03355233 · Podgorica | 0.0% | 0€ | -100.0% | -201,716€ | — | 3 | 1,652€ |
| 1849 | Zara Engineering and Construction Company03667499 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,463€ | — | 1 | 929€ |
| 1850 | Zetagradnja - Čelebić02738473 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,136€ | — | 1 | — |