Revenue
6.8% of sector revenue
327 companies earned 139.03m€ in 2025, 6.8% of Construction sector revenue. Revenue has grown 3.3× since 2015.
6.8% of sector revenue
156 with at most one employee
Largest employer: Epcg-Solar-Gradnja (506)
Median company 2.3% · 54% 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 1–50 of 327
* 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 2 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 | 42,588,411€ | 118 |
| 2016 | 47,299,692€ | 124 |
| 2017 | 52,556,942€ | 128 |
| 2018 | 68,687,823€ | 153 |
| 2019 | 80,664,816€ | 158 |
| 2020 | 101,840,633€ | 190 |
| 2021 | 78,729,511€ | 205 |
| 2022 | 77,725,877€ | 228 |
| 2023 | 97,175,511€ | 266 |
| 2024 | 113,789,605€ | 300 |
| 2025 (Preliminary) | 139,032,823€ | 327 |
Employees and payroll cost per employee per month*
9.7% |
| 13,457,424€ |
| -12.5% |
| 729,097€ |
| 5.4% |
| 47 |
| 2,061€ |
| 3 | Proengineering02664674 · Podgorica | 7.4% | 10,309,525€ | +10,171.1% | 1,639,608€ | 15.9% | 1 | 5,438€ |
| 4 | Epcg-Solar-Gradnja03384624 · Nikšić | 6.2% | 8,598,177€ | +9.9% | 254,477€ | 3.0% | 506 | 1,244€ |
| 5 | Electro Team02744643 · Budva | 5.4% | 7,469,016€ | +119.8% | 323,191€ | 4.3% | 47 | 1,441€ |
| 6 | Komunalne Usluge02407523 · Podgorica | 4.1% | 5,697,008€ | -10.2% | 177,010€ | 3.1% | 120 | 1,352€ |
| 7 | Mezon02132419 · Danilovgrad | 2.6% | 3,571,293€ | -20.7% | 776,183€ | 21.7% | 35 | 1,080€ |
| 8 | Koving02302373 · Podgorica | 2.4% | 3,301,826€ | +95.1% | 18,307€ | 0.6% | 7 | 2,297€ |
| 9 | Progroup03312038 · Podgorica | 1.4% | 1,957,228€ | +76.9% | 304,560€ | 15.6% | 16 | 1,634€ |
| 10 | Balkan Lift02702568 · Podgorica | 1.4% | 1,896,500€ | -1.3% | 122,901€ | 6.5% | 5 | 1,809€ |
| 11 | Spinel02185539 · Kotor | 1.3% | 1,739,986€ | +2.0% | 99,257€ | 5.7% | 24 | 1,385€ |
| 12 | Ibt03099504 · Herceg Novi | 1.1% | 1,525,467€ | +19.3% | 80,762€ | 5.3% | 22 | 1,287€ |
| 13 | La Collina03000168 · Podgorica | 1.1% | 1,520,515€ | -43.4% | 17,415€ | 1.1% | 11 | 1,508€ |
| 14 | Milićević Elektro03476740 · Nikšić | 1.1% | 1,481,676€ | +361.7% | 188,913€ | 12.7% | 13 | 5,893€ |
| 15 | Watt02663732 · Podgorica | 1.0% | 1,381,272€ | -26.2% | 12,406€ | 0.9% | 8 | 1,150€ |
| 16 | Rajan Development03168387 · Podgorica | 0.9% | 1,278,625€ | +119.5% | 457,639€ | 35.8% | 7 | 1,788€ |
| 17 | Envision Energy (montenegro)03080854 · Podgorica | 0.9% | 1,196,864€ | -19.0% | 497,842€ | 41.6% | 1 | 2,228€ |
| 18 | Enel PS CG02450453 · Podgorica | 0.8% | 1,091,245€ | -29.3% | 105,475€ | 9.7% | 4 | 1,659€ |
| 19 | Montenegro Lift02432161 · Podgorica | 0.8% | 1,085,262€ | -22.8% | 4,624€ | 0.4% | 7 | 1,258€ |
| 20 | Integer Smart Solutions02925354 · Tivat | 0.8% | 1,061,732€ | +39.6% | 244,657€ | 23.0% | 1 | 4,263€ |
| 21 | Fil-Electronics02626730 · Podgorica | 0.7% | 1,000,273€ | +1.5% | 10,596€ | 1.1% | 18 | 1,395€ |
| 22 | Yacht Electronic Services02773864 · Herceg Novi | 0.7% | 972,405€ | +37.0% | 135,541€ | 13.9% | 11 | 1,018€ |
| 23 | Ip Systems02865742 · Podgorica | 0.6% | 776,195€ | +37.3% | 1,728€ | 0.2% | 14 | 1,585€ |
| 24 | Prima Lift03517055 · Ulcinj | 0.6% | 764,981€ | +22.9% | 20,252€ | 2.6% | 5 | 1,053€ |
| 25 | Sodeo Enginering03334767 · Budva | 0.5% | 754,846€ | -42.5% | -72,108€ | -9.6% | 27 | 748€ |
| 26 | North Light03170977 · Podgorica | 0.5% | 745,706€ | +3.7% | 122,048€ | 16.4% | 4 | 1,480€ |
| 27 | Frimel02627540 · Podgorica | 0.5% | 715,097€ | +23.6% | 151,115€ | 21.1% | 12 | 1,200€ |
| 28 | Elektromontaža CG03235858 · Podgorica | 0.5% | 662,252€ | +272.3% | -73,841€ | -11.1% | 1 | 1,502€ |
| 29 | Freejack02815311 · Tivat | 0.4% | 621,646€ | -12.8% | 15,819€ | 2.5% | 6 | 2,974€ |
| 30 | Vitreum Montenegro02714531 · Podgorica | 0.4% | 616,582€ | -48.5% | 35,841€ | 5.8% | 14 | 1,622€ |
| 31 | Sistem Group Construction02749114 · Podgorica | 0.4% | 614,573€ | -2.4% | -83,818€ | -13.6% | 9 | 746€ |
| 32 | Akgun Company03616258 · Podgorica | 0.4% | 587,315€ | +7.2% | 14,130€ | 2.4% | 10 | 1,493€ |
| 33 | Pro Imel02769808 · Podgorica | 0.4% | 558,564€ | -69.0% | 12,195€ | 2.2% | 10 | 872€ |
| 34 | Ellevin03365310 · Bijelo Polje | 0.3% | 485,813€ | +222.4% | 11,041€ | 2.3% | 5 | 582€ |
| 35 | NT - Project02704030 · Podgorica | 0.3% | 477,026€ | +25.0% | 64,807€ | 13.6% | 3 | 930€ |
| 36 | Helada - Lux02732734 · Nikšić | 0.3% | 471,737€ | +13.6% | 5,229€ | 1.1% | 10 | 1,286€ |
| 37 | China Shandong Hi-Speed Qianfang International Technology03668983 · Budva | 0.3% | 444,272€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -54,159€ | -12.2% | 4 | 1,466€ |
| 38 | Lmont02712334 · Podgorica | 0.3% | 438,462€ | +20.4% | 58,544€ | 13.4% | 8 | 1,423€ |
| 39 | Elektro Extreme03403106 · Kolašin | 0.3% | 438,155€ | +109.1% | 71,056€ | 16.2% | 2 | 1,574€ |
| 40 | Monter Group03612023 · Nikšić | 0.3% | 432,758€ | +190.7% | 37,998€ | 8.8% | 8 | 1,050€ |
| 41 | Iems02914280 · Danilovgrad | 0.3% | 372,167€ | -16.0% | 103,608€ | 27.8% | 5 | 3,378€ |
| 42 | Elektro Čarapić02430380 · Podgorica | 0.3% | 370,182€ | +7.6% | 15,019€ | 4.1% | 10 | 793€ |
| 43 | Elde-Mont03218635 · Nikšić | 0.3% | 365,614€ | +22.8% | 34,760€ | 9.5% | 2 | 1,540€ |
| 44 | Oltes Lift03310329 · Podgorica | 0.2% | 340,767€ | +1.7% | 8,469€ | 2.5% | 3 | 1,030€ |
| 45 | LMK Sistem03640833 · Podgorica | 0.2% | 330,787€ | +155.1% | 47,581€ | 14.4% | 5 | 949€ |
| 46 | Dat Elektro Sistem03221563 · Podgorica | 0.2% | 324,458€ | +2.3% | 3,774€ | 1.2% | 2 | 508€ |
| 47 | Elektro Kojo03277968 · Podgorica | 0.2% | 322,960€ | +72.3% | 60,287€ | 18.7% | 7 | 776€ |
| 48 | Tehnonet03265366 · Podgorica | 0.2% | 322,110€ | +8.3% | 65,070€ | 20.2% | 2 | 1,383€ |
| 49 | El Tok02629674 · Podgorica | 0.2% | 317,262€ | +3.4% | 16,717€ | 5.3% | 9 | 921€ |
| 50 | BFT Montenegro03334759 · Bar | 0.2% | 312,425€ | +22.3% | 70,921€ | 22.7% | 2 | 537€ |