Revenue
3.2% of sector revenue
330 companies earned 66.55m€ in 2025, 3.2% of Construction sector revenue. Revenue has grown 4.4× since 2015.
3.2% of sector revenue
177 with at most one employee
Largest employer: Arming (63)
Median company 2.3% · 47% 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 201–250 of 330
* 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 1 filings with an implausible profit.
Totals include 4 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 | 15,160,398€ | 91 |
| 2016 | 16,532,383€ | 102 |
| 2017 | 22,237,161€ | 121 |
| 2018 | 26,917,687€ | 136 |
| 2019 | 27,617,403€ | 173 |
| 2020 | 26,062,733€ | 214 |
| 2021 | 25,625,478€ | 234 |
| 2022 | 38,339,979€ | 254 |
| 2023 | 95,617,353€ | 280 |
| 2024 | 71,406,636€ | 302 |
| 2025 (Preliminary) | 66,553,148€ | 330 |
The number of companies jumped most in 2019: from 136 to 173.
Employees and payroll cost per employee per month*
<0.1% |
| 14,096€ |
| +108,330.8% |
| 887€ |
| 6.3% |
| 1 |
| 981€ |
| 203 | Bato Molart03778738 · Bijelo Polje | <0.1% | 13,752€ | No filing for 2024. | 2,512€ | 18.3% | 3 | — |
| 204 | Sijarić Group03698050 · Bijelo Polje | <0.1% | 13,508€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,980€ | 14.7% | 1 | 922€ |
| 205 | Intarma03208281 · Herceg Novi | <0.1% | 13,487€ | +60.8% | 3,781€ | 28.0% | 1 | 678€ |
| 206 | Durutović V&M Company03563570 · Nikšić | <0.1% | 13,144€ | +62.4% | 336€ | 2.6% | 2 | 531€ |
| 207 | Fortemonte03528260 · Herceg Novi | <0.1% | 12,210€ | +510.5% | 264€ | 2.2% | 1 | 927€ |
| 208 | Ivanović Plus03345645 · Budva | <0.1% | 10,479€ | +40.8% | -2,937€ | -28.0% | 2 | 503€ |
| 209 | Yli Keramik03719197 · Ulcinj | <0.1% | 10,054€ | No filing for 2024. | -26,483€ | -263.4% | 4 | 742€ |
| 210 | Vlada Group03286134 · Bar | <0.1% | 10,050€ | -9.0% | 312€ | 3.1% | 1 | 803€ |
| 211 | Bit Team03225607 · Tivat | <0.1% | 9,470€ | -6.3% | 1,267€ | 13.4% | 1 | 670€ |
| 212 | Don Construction Group03768864 · Kotor | <0.1% | 9,430€ | No filing for 2024. | -9,053€ | -96.0% | 4 | — |
| 213 | Art Gips02977907 · Bar | <0.1% | 9,370€ | -53.6% | -1,096€ | -11.7% | 1 | 678€ |
| 214 | Floor Max03771954 · Nikšić | <0.1% | 8,296€ | No filing for 2024. | -477€ | -5.7% | 1 | 334€ |
| 215 | Kosta Gradnja03803724 · Berane | <0.1% | 8,000€ | No filing for 2024. | 6,895€ | 86.2% | 1 | — |
| 216 | Amm03304302 · Danilovgrad | <0.1% | 7,990€ | -0.1% | 198€ | 2.5% | 1 | 338€ |
| 217 | Zoka & Zoka03083756 · Herceg Novi | <0.1% | 7,760€ | -22.4% | 268€ | 3.5% | 1 | 339€ |
| 218 | Tmušić03744442 · Bar | <0.1% | 7,353€ | No filing for 2024. | -1,845€ | -25.1% | 1 | 519€ |
| 219 | Life Map03376818 · Tivat | <0.1% | 7,151€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,278€ | -101.8% | 1 | 927€ |
| 220 | Universal Services03308782 · Budva | <0.1% | 7,065€ | -53.5% | -24,204€ | -342.6% | 3 | 644€ |
| 221 | Bojić Dekor03113183 · Herceg Novi | <0.1% | 7,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,359€ | -90.8% | 2 | 536€ |
| 222 | Kamenovo Beach02932318 · Podgorica | <0.1% | 6,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 884€ | 14.7% | 1 | 360€ |
| 223 | Imhotep Company LTD03268179 · Bijelo Polje | <0.1% | 5,910€ | +42.8% | 2,778€ | 47.0% | 1 | — |
| 224 | MS Lim03747506 · Zeta | <0.1% | 5,706€ | No filing for 2024. | -2,456€ | -43.0% | 0 | — |
| 225 | M & Fik03363481 · Podgorica | <0.1% | 5,690€ | +53.0% | -4,766€ | -83.8% | 1 | 678€ |
| 226 | Lenisab Gips03804640 · Podgorica | <0.1% | 5,648€ | No filing for 2024. | 206€ | 3.6% | 1 | 324€ |
| 227 | Vadimstroy03655482 · Herceg Novi | <0.1% | 5,605€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,744€ | -49.0% | 1 | 678€ |
| 228 | Rajmil02790394 · Mojkovac | <0.1% | 5,493€ | +17.3% | -584€ | -10.6% | 1 | 461€ |
| 229 | Ilija Dekor03688470 · Bijelo Polje | <0.1% | 5,165€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,159€ | -312.9% | 1 | 678€ |
| 230 | Aam Company03405729 · Podgorica | <0.1% | 5,000€ | +211.1% | -15,148€ | -303.0% | 2 | — |
| 231 | Sunhouse02865807 · Bar | <0.1% | 4,737€ | +1,114.6% | -3,594€ | -75.9% | 1 | 677€ |
| 232 | Danko Label03469786 · Bar | <0.1% | 4,209€ | +152.8% | -4,602€ | -109.3% | 1 | 675€ |
| 233 | Molot.Ok03494896 · Budva | <0.1% | 3,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,675€ | -149.3% | 1 | 677€ |
| 234 | Iceberg.Z03009513 · Bar | <0.1% | 3,600€ | -17.4% | -1,724€ | -47.9% | 1 | 339€ |
| 235 | Dimonte Solution03246299 · Kotor | <0.1% | 3,540€ | -72.9% | -6,858€ | -193.7% | 1 | 675€ |
| 236 | Zonda Company03566790 · Kotor | <0.1% | 3,350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,315€ | -158.7% | 1 | 676€ |
| 237 | Gasevic GSP03251799 · Nikšić | <0.1% | 3,300€ | -69.9% | -5,869€ | -177.8% | 1 | 677€ |
| 238 | First Capital03281299 · Budva | <0.1% | 3,170€ | +118.6% | -8,257€ | -260.5% | 1 | 926€ |
| 239 | Solo-Exe03774945 · Nikšić | <0.1% | 3,150€ | No filing for 2024. | -4,404€ | -139.8% | 1 | 305€ |
| 240 | Krulex02226260 · Podgorica | <0.1% | 3,000€ | +200.0% | -13,781€ | -459.4% | 4 | 350€ |
| 241 | Mitrovicv Gradnja03249697 · Nikšić | <0.1% | 3,000€ | -83.2% | -14,375€ | -479.2% | 1 | 677€ |
| 242 | Niti Kompani03292177 · Ulcinj | <0.1% | 2,850€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,486€ | -683.7% | 3 | 618€ |
| 243 | Hidro Best Plus03788849 · Podgorica | <0.1% | 2,680€ | No filing for 2024. | 837€ | 31.2% | 1 | — |
| 244 | Stella Alpina03438295 · Herceg Novi | <0.1% | 2,400€ | +700.0% | -6,932€ | -288.8% | 1 | 677€ |
| 245 | Metal Art BP03785319 · Bijelo Polje | <0.1% | 2,305€ | No filing for 2024. | -956€ | -41.5% | 1 | — |
| 246 | Northstar02641518 · Podgorica | <0.1% | 2,278€ | -69.1% | -3,549,755€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | — |
| 247 | The Bijela03796191 · Herceg Novi | <0.1% | 1,920€ | No filing for 2024. | -912€ | -47.5% | 1 | — |
| 248 | Keramičar Darko03799174 · Herceg Novi | <0.1% | 1,550€ | No filing for 2024. | 37€ | 2.4% | 1 | — |
| 249 | Valeriver03529592 · Bar | <0.1% | 1,530€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,646€ | -434.4% | 1 | 678€ |
| 250 | Merdo-Lak03299520 · Nikšić | <0.1% | 1,430€ | +16.7% | -2,709€ | -189.4% | 1 | — |