Revenue
1.0% of sector revenue
64 companies earned 20.93m€ in 2025, 1.0% of Construction sector revenue. Revenue has grown 2.5× since 2015.
1.0% of sector revenue
39 with at most one employee
Largest employer: Atena - Bohor (31)
Median company 2.7% · 48% 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
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–50 of 64
* 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 →
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 | 8,465,388€ | 28 |
| 2016 | 11,033,320€ | 28 |
| 2017 | 11,414,642€ | 28 |
| 2018 | 12,873,645€ | 31 |
| 2019 | 13,574,986€ | 34 |
| 2020 | 11,047,561€ | 40 |
| 2021 | 13,610,104€ | 45 |
| 2022 | 14,855,924€ | 55 |
| 2023 | 13,499,371€ | 63 |
| 2024 | 16,703,138€ | 64 |
| 2025 (Preliminary) | 20,931,335€ | 64 |
15.7% |
| 3,288,421€ |
| -6.7% |
| 476,580€ |
| 14.5% |
| 26 |
| 1,017€ |
| 3 | Kažex02387344 · Podgorica | 9.4% | 1,963,469€ | +33.6% | 621,320€ | 31.6% | 8 | 1,052€ |
| 4 | Linagar Montenegro03732088 · Podgorica | 8.0% | 1,683,720€ | No filing for 2024. | 415,186€ | 24.7% | 1 | 536€ |
| 5 | Izoterm02209721 · Bar | 3.0% | 627,965€ | +143.3% | 42,180€ | 6.7% | 5 | 1,556€ |
| 6 | Neea03313743 · Bar | 2.3% | 478,452€ | +69.3% | 41,210€ | 8.6% | 3 | 968€ |
| 7 | Voda - Projekti02963582 · Podgorica | 1.7% | 359,237€ | -13.3% | 12,034€ | 3.3% | 7 | 1,031€ |
| 8 | Hidro M.G.03305171 · Podgorica | 1.4% | 297,090€ | +198.8% | 2,010€ | 0.7% | 3 | 526€ |
| 9 | Ava Project03202542 · Podgorica | 1.3% | 270,386€ | +60.4% | 4,101€ | 1.5% | 5 | 872€ |
| 10 | Faber Art02848082 · Podgorica | 1.2% | 258,806€ | +19.7% | 83,303€ | 32.2% | 3 | 901€ |
| 11 | Vaan02797755 · Nikšić | 1.2% | 251,981€ | -75.2% | 77,242€ | 30.7% | 8 | — |
| 12 | Novatic03507645 · Podgorica | 1.1% | 229,288€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,231€ | 2.7% | 1 | 2,410€ |
| 13 | Mont-Inženjering02633973 · Podgorica | 1.1% | 225,860€ | +36.0% | 32,651€ | 14.5% | 1 | 2,400€ |
| 14 | DB Grupa03624242 · Zeta | 1.1% | 223,249€ | +384.6% | 2,896€ | 1.3% | 3 | 566€ |
| 15 | KW-Mont02832682 · Budva | 1.0% | 215,588€ | -22.3% | 4,321€ | 2.0% | 3 | 1,292€ |
| 16 | Cuca Mont03180611 · Danilovgrad | 0.9% | 189,120€ | -15.0% | 11,657€ | 6.2% | 1 | 928€ |
| 17 | P&I Mont03374149 · Zeta | 0.9% | 184,527€ | -18.7% | -91,260€ | -49.5% | 2 | 924€ |
| 18 | Despot03699641 · Podgorica | 0.8% | 165,367€ | +319.0% | 33,147€ | 20.0% | 1 | 2,423€ |
| 19 | Plumbing Electrical Company02706679 · Kotor | 0.8% | 163,506€ | +3.6% | 5,365€ | 3.3% | 4 | 653€ |
| 20 | Rastoder PVC i Al03631893 · Tuzi | 0.7% | 142,441€ | +178.6% | -32,534€ | -22.8% | 2 | 1,387€ |
| 21 | Kores SR02850753 · Bijelo Polje | 0.6% | 132,766€ | +60.7% | 27,664€ | 20.8% | 5 | 780€ |
| 22 | Novi MBV Sistemi03468640 · Podgorica | 0.6% | 116,014€ | +49.2% | 28,302€ | 24.4% | 1 | 3,858€ |
| 23 | Termorad02187892 · Podgorica | 0.5% | 104,950€ | +62.1% | 142€ | 0.1% | 2 | 1,383€ |
| 24 | Servis Nikolai03214583 · Budva | 0.4% | 91,139€ | +657.4% | -39,096€ | -42.9% | 4 | 672€ |
| 25 | Home Art 08303415457 · Nikšić | 0.4% | 84,310€ | +41.0% | -12,990€ | -15.4% | 7 | 506€ |
| 26 | Vipol02395517 · Budva | 0.4% | 75,969€ | -57.4% | 1,098€ | 1.4% | 1 | 675€ |
| 27 | Franko Kompany03314197 · Tuzi | 0.3% | 68,866€ | +602.5% | 31,192€ | 45.3% | 1 | 675€ |
| 28 | Taraterm Company03736091 · Podgorica | 0.3% | 65,957€ | No filing for 2024. | 507€ | 0.8% | 2 | 625€ |
| 29 | Hidrobu203736113 · Budva | 0.3% | 53,541€ | No filing for 2024. | 19,902€ | 37.2% | 1 | 784€ |
| 30 | Master Lift03619389 · Podgorica | 0.2% | 46,902€ | +289.2% | 8,761€ | 18.7% | 1 | 1,433€ |
| 31 | MN Pro Design03583660 · Bijelo Polje | 0.2% | 31,648€ | +21.2% | 7,808€ | 24.7% | 1 | 1,039€ |
| 32 | Felix.Co03357112 · Bijelo Polje | 0.1% | 24,818€ | +53.2% | 3,496€ | 14.1% | 1 | 1,602€ |
| 33 | Fima Estate03484726 · Kotor | 0.1% | 23,180€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,205€ | -44.0% | 4 | 469€ |
| 34 | Ivanof Company03530914 · Budva | <0.1% | 20,294€ | -65.0% | -1,739€ | -8.6% | 1 | 1,517€ |
| 35 | Leontech03394069 · Podgorica | <0.1% | 19,628€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,215€ | -97.9% | 2 | 618€ |
| 36 | Varmont Company03365875 · Zeta | <0.1% | 18,509€ | -31.6% | -22,522€ | -121.7% | 2 | 360€ |
| 37 | Prof Air Mne03012212 · Budva | <0.1% | 16,800€ | -52.1% | 2,592€ | 15.4% | 1 | 845€ |
| 38 | Vik Hidro03804321 · Bar | <0.1% | 15,800€ | No filing for 2024. | 9,924€ | 62.8% | 2 | — |
| 39 | SMD03487580 · Herceg Novi | <0.1% | 14,680€ | +52.0% | 1,720€ | 11.7% | 1 | 677€ |
| 40 | Nikolaipro03505197 · Bar | <0.1% | 10,469€ | +681.3% | -972€ | -9.3% | 1 | 916€ |
| 41 | Sherstobitov Incorporated03493091 · Herceg Novi | <0.1% | 9,840€ | +232.4% | -2,059€ | -20.9% | 1 | 931€ |
| 42 | Agga Consultancy03663698 · Podgorica | <0.1% | 7,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,235€ | -74.8% | 1 | 1,036€ |
| 43 | Eliyahufed Ui03547965 · Herceg Novi | <0.1% | 6,970€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,385€ | -34.2% | 1 | 678€ |
| 44 | Timur & Co03661890 · Herceg Novi | <0.1% | 6,720€ | +380.0% | -2,173€ | -32.3% | 1 | 680€ |
| 45 | Perspective Company03512410 · Budva | <0.1% | 5,972€ | -43.2% | -14,410€ | -241.3% | 1 | 677€ |
| 46 | Raffas03086364 · Budva | <0.1% | 1,100€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,081€ | -643.7% | 1 | 676€ |
| 47 | Green Island03607534 · Bar | <0.1% | 900€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,001€ | -889.0% | 1 | 678€ |
| 48 | Ates Montenegro03502058 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 49 | Demirag03498328 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 50 | Falco02950332 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,276€ | — | 1 | 678€ |