Revenue
4.7% of sector revenue
491 companies earned 97.22m€ in 2025, 4.7% of Construction sector revenue. Revenue has grown 2.8× since 2015.
4.7% of sector revenue
260 with at most one employee
Largest employer: Stone Design (86)
Median company 3.2% · 50% 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 101–150 of 491
* 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 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 | 35,003,796€ | 197 |
| 2016 | 36,214,812€ | 203 |
| 2017 | 41,205,198€ | 226 |
| 2018 | 40,875,499€ | 260 |
| 2019 | 44,057,199€ | 284 |
| 2020 | 42,284,336€ | 314 |
| 2021 | 48,316,995€ | 333 |
| 2022 | 50,295,828€ | 360 |
| 2023 | 60,574,308€ | 385 |
| 2024 | 70,132,824€ | 452 |
| 2025 (Preliminary) | 97,221,438€ | 491 |
Employees and payroll cost per employee per month*
0.2% |
| 154,578€ |
| +46.6% |
| 77,486€ |
| 50.1% |
| 2 |
| — |
| 103 | Inspect03118452 · Nikšić | 0.2% | 151,509€ | -14.8% | 32,445€ | 21.4% | 1 | 924€ |
| 104 | MS Hidrogradnja03345394 · Berane | 0.2% | 149,482€ | +163.5% | 456€ | 0.3% | 4 | 1,111€ |
| 105 | Davinci Decor03370763 · Podgorica | 0.2% | 149,024€ | +12.6% | 34,066€ | 22.9% | 3 | 742€ |
| 106 | Prostor-Projekt02796015 · Podgorica | 0.2% | 146,099€ | +172.0% | 77,396€ | 53.0% | 3 | 751€ |
| 107 | Izol Group03731189 · Herceg Novi | 0.1% | 141,618€ | No filing for 2024. | -10,628€ | -7.5% | 3 | 2,755€ |
| 108 | Persisto03726983 · Podgorica | 0.1% | 137,490€ | No filing for 2024. | 10,580€ | 7.7% | 3 | 922€ |
| 109 | Instant03712419 · Podgorica | 0.1% | 136,933€ | No filing for 2024. | 17,567€ | 12.8% | 5 | 783€ |
| 110 | Garant Mont02769751 · Danilovgrad | 0.1% | 136,888€ | +118.2% | 4,728€ | 3.5% | 3 | 655€ |
| 111 | Mistery02725452 · Budva | 0.1% | 134,118€ | +45.8% | 95,881€ | 71.5% | 2 | 675€ |
| 112 | Piramida Gradnja02820510 · Podgorica | 0.1% | 132,735€ | +25.2% | 46,535€ | 35.1% | 4 | 1,350€ |
| 113 | Hidroizolacija Mazalica03552527 · Kotor | 0.1% | 131,983€ | +658.5% | 21,892€ | 16.6% | 2 | 808€ |
| 114 | Plan Project Mne03189791 · Berane | 0.1% | 131,200€ | +1,100.7% | 35,949€ | 27.4% | 1 | 535€ |
| 115 | Panta Gradnja03641694 · Podgorica | 0.1% | 130,886€ | +221.7% | 24,804€ | 19.0% | 2 | 743€ |
| 116 | Gradac TS03754774 · Herceg Novi | 0.1% | 129,248€ | No filing for 2024. | 16,918€ | 13.1% | 1 | 1,563€ |
| 117 | Lever Inženjering02952360 · Budva | 0.1% | 126,357€ | -77.3% | 9,979€ | 7.9% | 1 | 926€ |
| 118 | Graditelj - Vasilijević02782251 · Tivat | 0.1% | 126,013€ | +30.4% | 24,166€ | 19.2% | 2 | 570€ |
| 119 | Braća Španjević03480909 · Bijelo Polje | 0.1% | 125,644€ | -18.2% | -33,692€ | -26.8% | 5 | 783€ |
| 120 | Drašković Gradnja03116891 · Nikšić | 0.1% | 125,450€ | -8.0% | 540€ | 0.4% | 3 | 828€ |
| 121 | Lode Construction03667901 · Tuzi | 0.1% | 122,473€ | +194.8% | 16,755€ | 13.7% | 5 | 821€ |
| 122 | Hammer Com02859181 · Podgorica | 0.1% | 120,572€ | -15.6% | 568€ | 0.5% | 3 | 968€ |
| 123 | Ble-Art Construction03697363 · Tuzi | 0.1% | 119,825€ | +54.0% | 19,449€ | 16.2% | 10 | 652€ |
| 124 | David Gradnja 202403697355 · Berane | 0.1% | 116,702€ | +298.6% | 7,404€ | 6.3% | 5 | 1,192€ |
| 125 | Tomašević02736187 · Danilovgrad | 0.1% | 115,278€ | -35.0% | 2,978€ | 2.6% | 4 | 704€ |
| 126 | Arming Bau03688895 · Nikšić | 0.1% | 113,983€ | +2,199.0% | 1,014€ | 0.9% | 4 | 2,141€ |
| 127 | Montenegro Building Invest02733994 · Kotor | 0.1% | 113,646€ | +48,055.1% | -477,025€ | -419.7% | 1 | 2,654€ |
| 128 | WP Systems03488985 · Budva | 0.1% | 111,389€ | -3.3% | 2,300€ | 2.1% | 2 | 1,764€ |
| 129 | Badovina Lim03740064 · Nikšić | 0.1% | 109,974€ | No filing for 2024. | 2,252€ | 2.0% | 0 | — |
| 130 | Čičak02422751 · Tivat | 0.1% | 109,593€ | +35.6% | -9,995€ | -9.1% | 5 | 710€ |
| 131 | 3D Mont03618773 · Podgorica | 0.1% | 109,319€ | -8.8% | 11,436€ | 10.5% | 5 | 1,154€ |
| 132 | Ado-Company02688000 · Rožaje | 0.1% | 108,185€ | +81.2% | -14,156€ | -13.1% | 1 | 2,131€ |
| 133 | C&C Construction02720027 · Podgorica | 0.1% | 106,984€ | -39.0% | 8,152€ | 7.6% | 1 | 4,420€ |
| 134 | MR Invest03102971 · Nikšić | 0.1% | 103,553€ | +101.6% | 6,609€ | 6.4% | 3 | 459€ |
| 135 | Gemne02966263 · Podgorica | 0.1% | 102,723€ | -12.6% | 19,636€ | 19.1% | 1 | 342€ |
| 136 | DM Company02409577 · Nikšić | 0.1% | 100,550€ | -63.8% | 41,629€ | 41.4% | 1 | 747€ |
| 137 | Tip Top Beton03532682 · Podgorica | 0.1% | 99,403€ | +242.7% | 26,596€ | 26.8% | 2 | 1,823€ |
| 138 | Gi Emme03729656 · Podgorica | 0.1% | 97,762€ | No filing for 2024. | -87,650€ | -89.7% | 9 | 1,285€ |
| 139 | Vermont Engineering03695336 · Nikšić | <0.1% | 97,156€ | +364.9% | 14,073€ | 14.5% | 1 | 1,318€ |
| 140 | Hidroizolacije Krkušić Mne03706982 · Ulcinj | <0.1% | 96,019€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 44,359€ | 46.2% | 2 | 793€ |
| 141 | Hidro-Maks03709922 · Podgorica | <0.1% | 93,754€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 18,385€ | 19.6% | 1 | 3,366€ |
| 142 | Madecassia03151611 · Herceg Novi | <0.1% | 93,122€ | +57,030.1% | -62,317€ | -66.9% | 1 | 9,798€ |
| 143 | Banja Komerc Bekament03408400 · Podgorica | <0.1% | 89,280€ | -2.3% | -862€ | -1.0% | 2 | 2,606€ |
| 144 | Demir D-Kop03578232 · Bijelo Polje | <0.1% | 88,967€ | +76.9% | -10,864€ | -12.2% | 1 | 2,603€ |
| 145 | Aman Company03293769 · Herceg Novi | <0.1% | 87,682€ | +185.2% | 11,814€ | 13.5% | 1 | 1,250€ |
| 146 | Izotop03153479 · Budva | <0.1% | 87,629€ | -10.8% | -4,929€ | -5.6% | 5 | 860€ |
| 147 | MD Stroj03729451 · Podgorica | <0.1% | 87,340€ | No filing for 2024. | 13,614€ | 15.6% | 2 | 718€ |
| 148 | Ljubatović Company03315541 · Kotor | <0.1% | 87,290€ | +61.9% | 6,327€ | 7.2% | 1 | 338€ |
| 149 | The Best Star Project03750655 · Budva | <0.1% | 86,251€ | No filing for 2024. | -12,474€ | -14.5% | 2 | 871€ |
| 150 | Galaxy 201403013243 · Pljevlja | <0.1% | 86,180€ | +14.1% | 2,053€ | 2.4% | 2 | 675€ |