Revenue
55.0% of Montenegro's revenue
12,148 companies earned 9.71b€ in 2025, 55.0% of all company revenue in Montenegro. It ranks 1 of 25 municipalities by revenue. Revenue has grown 2.7× since 2015.
55.0% of Montenegro's revenue
67.7 per 1,000 residents · Montenegro 57.3
Largest employer: Idea - CG (2,426)
Total profit: 748.64m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 3,587,068,765€ | 5,044 |
| 2016 | 4,096,949,470€ | 5,487 |
| 2017 | 4,709,755,484€ | 6,109 |
| 2018 | 5,118,600,583€ | 6,927 |
| 2019 | 5,323,922,814€ | 7,518 |
| 2020 | 4,709,522,069€ | 8,027 |
| 2021 | 5,608,587,707€ | 8,567 |
| 2022 | 6,799,397,294€ | 9,638 |
| 2023 | 8,203,771,212€ | 11,057 |
| 2024 | 8,801,908,063€ | 11,952 |
| 2025 (Preliminary) | 9,708,565,989€ | 12,148 |
Companies are assigned to the municipality of their current seat for every year
Growth is measured on the same companies, which filed for both years.
Share of municipal revenue
Share in MontenegroRevenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 101–150 of 1,351
* 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 →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 101 | Progroup03312038 · Construction | <0.1% | 1,957,228€ | +76.9% | 304,560€ | 15.6% | 16 | 1,634€ |
| 102 | Balkan Lift02702568 · Construction | <0.1% | 1,896,500€ | -1.3% | 122,901€ | 6.5% | 5 | 1,809€ |
| 103 | Privredno Društvo za Izgradnju, Obnavljanje i Rekonstrukciju Građevinskih Objekata Koto02921120 · Construction | <0.1% | 1,879,722€ | +219.4% | 234,535€ | 12.5% | 11 | 1,583€ |
| 104 | Ing Con03037096 · Construction | <0.1% | 1,813,056€ | +123.8% | 79,117€ | 4.4% | 7 | 2,164€ |
| 105 | Adriatic Point Construction03385086 · Construction | <0.1% | 1,761,747€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 174,599€ | 9.9% | 4 | 882€ |
| 106 | Termoinženjering02077256 · Construction | <0.1% | 1,761,068€ | -43.0% | 42,629€ | 2.4% | 28 | 1,427€ |
| 107 | Frigo-Mont02425254 · Construction | <0.1% | 1,721,956€ | +56.9% | 238,523€ | 13.9% | 12 | 1,401€ |
| 108 | Trend Inženjering03161013 · Construction | <0.1% | 1,697,187€ | +33.2% | 39,464€ | 2.3% | 5 | 3,027€ |
| 109 | Grupa 21902733633 · Construction | <0.1% | 1,690,712€ | +11.2% | 118,086€ | 7.0% | 18 | 1,193€ |
| 110 | 3D Construction Mne03525953 · Construction | <0.1% | 1,685,374€ | +39.8% | -164,360€ | -9.8% | 36 | 856€ |
| 111 | Linagar Montenegro03732088 · Construction | <0.1% | 1,683,720€ | No filing for 2024. | 415,186€ | 24.7% | 1 | 536€ |
| 112 | Građevinar02026325 · Construction | <0.1% | 1,648,808€ | -14.5% | 258,278€ | 15.7% | 26 | 1,460€ |
| 113 | Independent Construction03093867 · Construction | <0.1% | 1,646,643€ | -12.3% | 199,632€ | 12.1% | 6 | 1,514€ |
| 114 | Erlang02119218 · Construction | <0.1% | 1,633,780€ | +97.9% | 9,739€ | 0.6% | 12 | 1,294€ |
| 115 | Roaming Networks02858274 · Construction | <0.1% | 1,627,084€ | +2.1% | 296,085€ | 18.2% | 9 | 2,490€ |
| 116 | Investment Vehicle03287696 · Construction | <0.1% | 1,612,928€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,355,868€ | 84.1% | 1 | — |
| 117 | G.I.T. Montenegro03732266 · Construction | <0.1% | 1,612,428€ | No filing for 2024. | 365,425€ | 22.7% | 17 | 987€ |
| 118 | Dinamika02689308 · Construction | <0.1% | 1,582,514€ | +102.6% | 139,509€ | 8.8% | 10 | 1,903€ |
| 119 | M Solutions03164918 · Construction | <0.1% | 1,570,147€ | +34.4% | 176,422€ | 11.2% | 6 | 2,173€ |
| 120 | Hill Construction03550788 · Construction | <0.1% | 1,534,353€ | +463.4% | 140,560€ | 9.2% | 9 | 1,406€ |
| 121 | Dadi Gradnja03113361 · Construction | <0.1% | 1,533,393€ | -1.0% | 252,604€ | 16.5% | 2 | 1,082€ |
| 122 | 14 Septembar02306573 · Construction | <0.1% | 1,524,902€ | +961.2% | 1,205,586€ | 79.1% | 3 | 747€ |
| 123 | La Collina03000168 · Construction | <0.1% | 1,520,515€ | -43.4% | 17,415€ | 1.1% | 11 | 1,508€ |
| 124 | Incom02050269 · Construction | <0.1% | 1,515,214€ | +39.8% | 234,939€ | 15.5% | 4 | 3,429€ |
| 125 | Mne Universal03440729 · Construction | <0.1% | 1,500,985€ | +228.3% | 254,267€ | 16.9% | 10 | 748€ |
| 126 | Erioni03171787 · Construction | <0.1% | 1,487,030€ | +13.0% | 66,711€ | 4.5% | 19 | 2,002€ |
| 127 | Izvodjac Invest Mne03369536 · Construction | <0.1% | 1,452,026€ | +98.7% | 33,259€ | 2.3% | 4 | 3,346€ |
| 128 | Refena02143356 · Construction | <0.1% | 1,443,182€ | +23.1% | 475,086€ | 32.9% | 6 | 1,158€ |
| 129 | Api Kotor03544885 · Construction | <0.1% | 1,442,087€ | +18,228.5% | -553,626€ | -38.4% | 8 | 1,188€ |
| 130 | Pro Termo03333523 · Construction | <0.1% | 1,428,145€ | +14.3% | 249,957€ | 17.5% | 15 | 1,356€ |
| 131 | Dacon03406024 · Construction | <0.1% | 1,416,677€ | +623.0% | 63,302€ | 4.5% | 2 | 2,092€ |
| 132 | Next Construction03619320 · Construction | <0.1% | 1,414,567€ | +119.1% | -300,115€ | -21.2% | 5 | 3,317€ |
| 133 | Elektron02209934 · Construction | <0.1% | 1,413,817€ | -38.8% | 251,332€ | 17.8% | 20 | 1,047€ |
| 134 | CG Capital03690270 · Construction | <0.1% | 1,413,166€ | +1,470.2% | 1,091,688€ | 77.3% | 1 | 1,763€ |
| 135 | Sacom-Mne03087115 · Construction | <0.1% | 1,402,332€ | +48.8% | 10,859€ | 0.8% | 3 | 877€ |
| 136 | Baumont Tim03233073 · Construction | <0.1% | 1,398,988€ | +35,228.0% | 41,664€ | 3.0% | 1 | 1,390€ |
| 137 | Ilija Novaković Ico02218518 · Construction | <0.1% | 1,384,641€ | +47.0% | 197,480€ | 14.3% | 16 | 841€ |
| 138 | Watt02663732 · Construction | <0.1% | 1,381,272€ | -26.2% | 12,406€ | 0.9% | 8 | 1,150€ |
| 139 | Bomakos03162818 · Construction | <0.1% | 1,366,923€ | +3.1% | 41,799€ | 3.1% | 11 | 999€ |
| 140 | Mega Construction Company03247473 · Construction | <0.1% | 1,299,252€ | -9.0% | 41,884€ | 3.2% | 5 | 9,125€ |
| 141 | Rajan Development03168387 · Construction | <0.1% | 1,278,625€ | +119.5% | 457,639€ | 35.8% | 7 | 1,788€ |
| 142 | Ostrovica02097605 · Construction | <0.1% | 1,267,568€ | +2,669.7% | 215,845€ | 17.0% | 3 | 1,078€ |
| 143 | Target Invest03631621 · Construction | <0.1% | 1,247,898€ | +105.4% | 20,705€ | 1.7% | 4 | 3,358€ |
| 144 | Euro Mne Izgradnja03211193 · Construction | <0.1% | 1,241,831€ | -5.9% | 163,904€ | 13.2% | 21 | 1,934€ |
| 145 | Rosman03238423 · Construction | <0.1% | 1,233,359€ | +53.2% | 34,714€ | 2.8% | 6 | 1,108€ |
| 146 | Vukašinović DDM02308428 · Construction | <0.1% | 1,228,518€ | +35.6% | 88,932€ | 7.2% | 11 | 1,171€ |
| 147 | Hidro Lux03065294 · Construction | <0.1% | 1,227,446€ | +54.7% | 265,412€ | 21.6% | 14 | 1,062€ |
| 148 | A-Klima02987945 · Construction | <0.1% | 1,211,210€ | +80.3% | 213,127€ | 17.6% | 13 | 906€ |
| 149 | Envision Energy (montenegro)03080854 · Construction | <0.1% | 1,196,864€ | -19.0% | 497,842€ | 41.6% | 1 | 2,228€ |
| 150 | C & D Inženjering02371928 · Construction | <0.1% | 1,183,980€ | +161.1% | 282,778€ | 23.9% | 10 | 1,130€ |