Revenue
11.6% of Montenegro's revenue
4,334 companies earned 2.05b€ in 2025, 11.6% of all company revenue in Montenegro. It ranks 2 of 18 sectors by revenue. Revenue has grown 3.0× since 2015.
11.6% of Montenegro's revenue
2,341 with at most one employee
Largest employer: Željeznička Infrastruktura Crne Gore (811)
Total profit: 163.65m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 677,439,325€ | 1,641 |
| 2016 | 905,260,212€ | 1,760 |
| 2017 | 1,196,306,945€ | 1,945 |
| 2018 | 1,342,766,653€ | 2,268 |
| 2019 | 1,390,789,883€ | 2,537 |
| 2020 | 1,081,359,540€ | 2,816 |
| 2021 | 997,933,633€ | 3,037 |
| 2022 | 1,192,418,157€ | 3,322 |
| 2023 | 1,368,713,477€ | 3,726 |
| 2024 | 1,600,039,161€ | 4,110 |
| 2025 (Preliminary) | 2,053,113,034€ | 4,334 |
Growth is measured on the same companies, which filed for both years.
Share of the sector's revenue
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 151–200 of 4,334
* 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 →
Totals include 30 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 151 | KM Inženjering03400948 · Budva | 0.1% | 2,364,656€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 612,916€ | 25.9% | 1 | — |
| 152 | Portonovi Marina Management Company03120325 · Herceg Novi | 0.1% | 2,333,325€ | +17.8% | 361,615€ | 15.5% | 20 | 1,664€ |
| 153 | Bridges Ropeways Infrastructure Construction Substations03730662 · Podgorica | 0.1% | 2,299,073€ | No filing for 2024. | 419,510€ | 18.2% | 8 | 3,095€ |
| 154 | Monolith02639459 · Budva | 0.1% | 2,293,176€ | +94.8% | 139,599€ | 6.1% | 22 | 1,059€ |
| 155 | Ar.Beton-Construction03331393 · Ulcinj | 0.1% | 2,288,817€ | -28.2% | 22,849€ | 1.0% | 5 | 777€ |
| 156 | Kodar Energomontaža03017842 · Podgorica | 0.1% | 2,279,006€ | +129.6% | 75,677€ | 3.3% | 7 | 2,153€ |
| 157 | GX Me03789748 · Podgorica | 0.1% | 2,272,302€ | No filing for 2024. | -336,314€ | -14.8% | 368 | 508€ |
| 158 | Namcom02395304 · Tivat | 0.1% | 2,222,764€ | -38.9% | 185,404€ | 8.3% | 6 | 2,044€ |
| 159 | Cetkom02095360 · Cetinje | 0.1% | 2,190,104€ | +14.3% | 101,987€ | 4.7% | 26 | 700€ |
| 160 | VB Monting03484793 · Podgorica | 0.1% | 2,188,190€ | -16.1% | 75,364€ | 3.4% | 10 | 1,429€ |
| 161 | Viva Šped03137341 · Bar | 0.1% | 2,183,869€ | +305.7% | 818,148€ | 37.5% | 8 | 1,020€ |
| 162 | Structos03399966 · Podgorica | 0.1% | 2,179,504€ | +182.7% | 75,366€ | 3.5% | 27 | 1,877€ |
| 163 | Dream House03279014 · Ulcinj | 0.1% | 2,152,908€ | +2,891.0% | 144,966€ | 6.7% | 3 | 570€ |
| 164 | VS Invest03271927 · Tuzi | 0.1% | 2,150,224€ | +1,347.6% | 477,870€ | 22.2% | 3 | 2,445€ |
| 165 | Nimont02128268 · Bar | 0.1% | 2,149,211€ | +19.0% | 2,960€ | 0.1% | 25 | 1,534€ |
| 166 | Corner Construction03324192 · Podgorica | 0.1% | 2,122,913€ | -65.4% | 180,992€ | 8.5% | 3 | 1,579€ |
| 167 | Č&R Invest03457001 · Podgorica | 0.1% | 2,121,436€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 380,023€ | 17.9% | 1 | 707€ |
| 168 | Internorma02207311 · Podgorica | 0.1% | 2,099,044€ | +55.1% | 863,942€ | 41.2% | 1 | 452€ |
| 169 | Rapex Plus02868784 · Bar | 0.1% | 2,097,501€ | -20.0% | 66,237€ | 3.2% | 29 | 768€ |
| 170 | Stublina03183696 · Budva | 0.1% | 2,077,716€ | -58.0% | 144,005€ | 6.9% | 18 | 2,022€ |
| 171 | R & R Invest03295079 · Podgorica | 0.1% | 2,073,615€ | +95.3% | 633,586€ | 30.6% | 16 | 852€ |
| 172 | Building Art03553361 · Podgorica | 0.1% | 2,073,138€ | -61.8% | 572,476€ | 27.6% | 2 | 2,613€ |
| 173 | Lange Bau - Technik02742853 · Podgorica | 0.1% | 2,070,887€ | +20.3% | 309,420€ | 14.9% | 39 | 1,555€ |
| 174 | Profesional Gradnja03107507 · Bijelo Polje | 0.1% | 2,056,985€ | +60.1% | 5,061€ | 0.2% | 8 | 1,545€ |
| 175 | Bay View Investments02835606 · Podgorica | <0.1% | 2,031,213€ | +2,011,002.0% | 1,855,963€ | 91.4% | 3 | 1,308€ |
| 176 | Co-Mont02421038 · Podgorica | <0.1% | 2,030,086€ | -22.9% | 70,135€ | 3.5% | 13 | 1,247€ |
| 177 | Tradeunique CG02398311 · Budva | <0.1% | 2,021,516€ | -1.1% | 8,000€ | 0.4% | 8 | 2,049€ |
| 178 | Victorem Montenegro03345343 · Podgorica | <0.1% | 2,021,045€ | +127.0% | 371,440€ | 18.4% | 5 | 730€ |
| 179 | Galop Inženjering02388081 · Budva | <0.1% | 2,009,907€ | +60.9% | 92,863€ | 4.6% | 9 | 3,196€ |
| 180 | Monte - Co02714523 · Budva | <0.1% | 2,005,916€ | +108.5% | 116,935€ | 5.8% | 2 | 3,402€ |
| 181 | Vik02940990 · Podgorica | <0.1% | 1,994,034€ | +19.3% | 100,438€ | 5.0% | 4 | 3,060€ |
| 182 | Alex Trockenbau02320746 · Podgorica | <0.1% | 1,981,935€ | +38.6% | 141,052€ | 7.1% | 36 | 1,757€ |
| 183 | CG Gradnja02914271 · Podgorica | <0.1% | 1,980,146€ | +12.9% | 101,433€ | 5.1% | 10 | 2,576€ |
| 184 | Kažex02387344 · Podgorica | <0.1% | 1,963,469€ | +33.6% | 621,320€ | 31.6% | 8 | 1,052€ |
| 185 | Monting Gradnja03395049 · Danilovgrad | <0.1% | 1,961,436€ | +167.9% | 3,895€ | 0.2% | 8 | 1,029€ |
| 186 | Progroup03312038 · Podgorica | <0.1% | 1,957,228€ | +76.9% | 304,560€ | 15.6% | 16 | 1,634€ |
| 187 | Ski Resort Kolašin-160003123553 · Kolašin | <0.1% | 1,932,656€ | +352.8% | -1,792,205€ | -92.7% | 66 | 1,758€ |
| 188 | Mićoni Metali03216187 · Zeta | <0.1% | 1,925,962€ | -10.8% | 2,394€ | 0.1% | 37 | 1,484€ |
| 189 | Balkan Lift02702568 · Podgorica | <0.1% | 1,896,500€ | -1.3% | 122,901€ | 6.5% | 5 | 1,809€ |
| 190 | PNP-Perošević02642565 · Bijelo Polje | <0.1% | 1,885,056€ | +55.6% | 411,978€ | 21.9% | 14 | 1,343€ |
| 191 | <0.1% | 1,879,722€ | +219.4% | 234,535€ | 12.5% | 11 | 1,583€ | |
| 192 | HD Gradnja Mne03499774 · Kotor | <0.1% | 1,876,252€ | +24.8% | 81,136€ | 4.3% | 42 | 1,172€ |
| 193 | Emerald Invest03528227 · Budva | <0.1% | 1,875,275€ | +101.2% | 515,493€ | 27.5% | 2 | 1,950€ |
| 194 | Justinijan02421844 · Cetinje | <0.1% | 1,874,237€ | -7.7% | -892,344€ | -47.6% | 5 | 501€ |
| 195 | Donmez Invest03611183 · Bar | <0.1% | 1,869,002€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -186,040€ | -10.0% | 0 | — |
| 196 | Kopsaj03445224 · Tuzi | <0.1% | 1,867,476€ | +140.0% | 393,489€ | 21.1% | 65 | 1,218€ |
| 197 | Zeković Company02812304 · Žabljak | <0.1% | 1,833,523€ | +99.7% | 30,897€ | 1.7% | 18 | 1,159€ |
| 198 | Neimar Investments & Construction03317307 · Bar | <0.1% | 1,828,520€ | +11.6% | 25,701€ | 1.4% | 10 | 885€ |
| 199 | Agencija za Izgradnju i Razvoj Berane03069494 · Berane | <0.1% | 1,825,245€ | +3.8% | 5,246€ | 0.3% | 87 | 852€ |
| 200 | SS Construction03611744 · Budva | <0.1% | 1,815,320€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 433,477€ | 23.9% | 1 | 713€ |