Revenue
1.4% of sector revenue
154 companies earned 29.73m€ in 2025, 1.4% of Construction sector revenue. Revenue has grown 2.4× since 2015.
1.4% of sector revenue
116 with at most one employee
Largest employer: Ski Resort Kolašin-1600 (66)
Median company -14.2% · 22% 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 51–100 of 154
* 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 2 filings with an implausible profit.
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 | 12,154,890€ | 109 |
| 2016 | 10,895,902€ | 123 |
| 2017 | 10,473,919€ | 132 |
| 2018 | 15,204,365€ | 139 |
| 2019 | 17,490,548€ | 142 |
| 2020 | 20,002,822€ | 137 |
| 2021 | 25,987,257€ | 138 |
| 2022 | 29,819,734€ | 152 |
| 2023 | 26,845,116€ | 152 |
| 2024 | 44,768,471€ | 160 |
| 2025 (Preliminary) | 29,728,428€ | 154 |
Employees and payroll cost per employee per month*
0.1% |
| 31,004€ |
| -6.8% |
| -5,565€ |
| -17.9% |
| 1 |
| 925€ |
| 53 | Im Group03121330 · Budva | <0.1% | 27,774€ | -97.4% | -230,344€ | -829.4% | 6 | 1,212€ |
| 54 | HS Dienstleistungen03495566 · Bar | <0.1% | 23,202€ | -58.5% | -13,281€ | -57.2% | 1 | 924€ |
| 55 | First Seafront Estate02692368 · Podgorica | <0.1% | 20,119€ | +81.9% | -32,596€ | -162.0% | 1 | 4,370€ |
| 56 | Pyla02816075 · Podgorica | <0.1% | 19,448€ | -53.0% | -24,368€ | -125.3% | 1 | 452€ |
| 57 | Sli02389045 · Budva | <0.1% | 15,000€ | +58.9% | -46,222€ | -308.1% | 1 | 1,157€ |
| 58 | Denalli03303411 · Budva | <0.1% | 14,925€ | -33.6% | -2,537€ | -17.0% | 2 | 675€ |
| 59 | Terra Nova Investment03666298 · Tivat | <0.1% | 14,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,697€ | 33.6% | 1 | 678€ |
| 60 | Hill Spas Budva02826143 · Kotor | <0.1% | 14,000€ | +183.1% | 4,054€ | 29.0% | 1 | — |
| 61 | Sonuba Montenegro02634066 · Bar | <0.1% | 13,364€ | +298.9% | -2,816,663€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 62 | Sunny Palace03304345 · Kotor | <0.1% | 11,501€ | -28.1% | 1,415€ | 12.3% | 1 | 407€ |
| 63 | Joborah02683733 · Kotor | <0.1% | 10,419€ | +26.1% | -80,160€ | -769.4% | 1 | 338€ |
| 64 | Za Razradu Građevinskih Projekata Freehold Investment02975785 · Budva | <0.1% | 8,039€ | -87.2% | -75,707€ | -941.7% | 1 | 695€ |
| 65 | Lake Properties02637693 · Kotor | <0.1% | 7,934€ | 0.0% | -32,424€ | -408.7% | 1 | — |
| 66 | Petrohotel Invest02984377 · Budva | <0.1% | 7,900€ | +7.5% | -3,082€ | -39.0% | 1 | 677€ |
| 67 | Stes Company02653036 · Podgorica | <0.1% | 6,055€ | +58.7% | -20,554€ | -339.5% | 3 | 645€ |
| 68 | Konstruktor Investment03052311 · Nikšić | <0.1% | 6,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,111€ | -168.5% | 1 | 590€ |
| 69 | Well Sea Consulting03690164 · Podgorica | <0.1% | 5,000€ | No filing for 2024. | -2,934€ | -58.7% | 1 | 624€ |
| 70 | Seafront Investments03338096 · Budva | <0.1% | 4,465€ | +101.9% | 2,657€ | 59.5% | 1 | — |
| 71 | Bluesky Partners03667375 · Budva | <0.1% | 3,923€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,685€ | -323.3% | 1 | 314€ |
| 72 | Viano03289826 · Podgorica | <0.1% | 3,306€ | -88.1% | 794€ | 24.0% | 1 | — |
| 73 | Vizura02415208 · Tivat | <0.1% | 2,737€ | -4.3% | -10,378€ | -379.2% | 1 | 929€ |
| 74 | Bond03788954 · Podgorica | <0.1% | 1,700€ | No filing for 2024. | 285€ | 16.8% | 1 | — |
| 75 | Roccadoro02831295 · Podgorica | <0.1% | 1,318€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -105,685€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 7,933€ |
| 76 | Business City02806983 · Podgorica | <0.1% | 1,130€ | -0.3% | -1,352€ | -119.6% | 1 | — |
| 77 | M.O.S Company03584593 · Podgorica | <0.1% | 1,000€ | -48.0% | -6,648€ | -664.8% | 1 | 678€ |
| 78 | Area Developments03412148 · Herceg Novi | <0.1% | 922€ | -98.1% | -33,372€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 731€ |
| 79 | Green Land Rezevici03151425 · Budva | <0.1% | 371€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,055€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 80 | S.E.S Company03585425 · Podgorica | <0.1% | 300€ | -83.8% | -10,115€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 929€ |
| 81 | Vicom Development Montenegro03669904 · Tivat | <0.1% | 83€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -95,638€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 679€ |
| 82 | Lura02636689 · Tivat | <0.1% | 83€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,108€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 83 | Butiko 203706877 · Tivat | <0.1% | 71€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,066€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 84 | Invest Nova02669552 · Podgorica | <0.1% | 2€ | -100.0% | -2,827€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 85 | I Cattarini03222829 · Tivat | <0.1% | 2€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,929€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 514€ |
| 86 | Boka Group02673959 · Herceg Novi | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,546€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 87 | Ab Invest02683954 · Kolašin | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,087€ | — | 1 | 674€ |
| 88 | Gas To Power Adriatic03186482 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,944€ | — | 1 | — |
| 89 | Altegra02454505 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 90 | Altotivat03747158 · Tivat | 0.0% | 0€ | No filing for 2024. | -4,510€ | — | 1 | — |
| 91 | Bomex - Imperijal Invest02720531 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,433€ | — | 2 | 502€ |
| 92 | Buljarica Estate02964198 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -88,563€ | — | 1 | 677€ |
| 93 | Centuria02662370 · Podgorica | 0.0% | 0€ | -100.0% | -11,128€ | — | 1 | 927€ |
| 94 | Cre03362540 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -36,964€ | — | 1 | — |
| 95 | Diamond Developments02646501 · Podgorica | 0.0% | 0€ | -100.0% | -32,692€ | — | 1 | 339€ |
| 96 | Djordanika03805964 · Kotor | 0.0% | 0€ | No filing for 2024. | -340€ | — | 1 | — |
| 97 | Dupo03428176 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 98 | Em Investment03352811 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,570€ | — | 1 | — |
| 99 | Feoebo03005615 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,222€ | — | 0 | — |
| 100 | Financial Services Montenegro02914891 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -42,646€ | — | 1 | 723€ |