Mining in Montenegro (2025)

Mining in Montenegro (2025) | BizStats.me

Revenue and companies since 2015

FinalPreliminary

Revenue in € million (bars) and filing companies (below), 2015–2025

Revenue and companies by year
Year	Revenue	Companies
2015	74,689,431€	40
2016	73,602,398€	41
2017	86,441,515€	42
2018	100,395,971€	45
2019	104,871,699€	52
2020	103,846,550€	55
2021	105,710,342€	57
2022	128,290,278€	55
2023	148,434,637€	58
2024	159,456,246€	55
2025 (Preliminary)	130,832,070€	59

What changed in 2025

Growth is measured on the same companies, which filed for both years.

Revenue, same companies (53): 159.36m€ → 130.82m€
Employees, same companies: 1,844 → 1,917
Payroll cost per employee, same companies: 1,834€ → 1,757€
Filed for 2025, not for 2024: 6 companies · 13,049€
Filed for 2024, not for 2025: 2 companies, 99,216€ in 2024

Activities in this sector

Show all 7 activities

Activities in this sector
NACE	Activity	Companies	Employees	Revenue	Share of sector revenue
0520	Mining of lignite	2	1,119	48,716,302€	37.2%
0811	Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate	19	302	40,766,542€	31.2%
0729	Mining of other non-ferrous metal ores	5	203	18,401,389€	14.1%
0899	Other mining and quarrying n.e.c.	8	180	12,030,520€	9.2%
0812	Operation of gravel and sand pits; mining of clays and kaolin	19	110	9,866,623€	7.5%
0990	Support activities for other mining and quarrying	5	8	1,046,422€	0.8%
0910	Support activities for petroleum and natural gas extraction	1	1	4,272€	<0.1%
	Total	59	1,923	130,832,070€	100.0%

0520

Mining of lignite

37.2%

Companies: 2
Employees: 1,119
Revenue: 48,716,302€

0811

Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate

31.2%

Companies: 19
Employees: 302
Revenue: 40,766,542€

0729

Mining of other non-ferrous metal ores

14.1%

All companies (59)

Ranked by total revenue · Showing 51–59 of 59

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Companies in the sector
#	Company	Revenue share	Revenue	Revenue change2024→2025	Profit

51	Rolling Stone Assets03740463 · Podgorica	0.0%	0€	No filing for 2024.	-5,025€	—	1	417€
52	Uniprom White Bauxite03253856 · Podgorica	0.0%	0€	-100.0%	-97,165€	—	3	2,181€
53	Mil-Com02289164 · Nikšić	0.0%	0€	-100.0%	-11,342€	—	1	421€
54	Šofranac02050749 · Podgorica	0.0%	0€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-2,035€	—	1	—
55	Narcis Pro03602796 · Nikšić	0.0%	0€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-5,960€	—	1	451€
56	Gera Kop03806146 · Berane	0.0%	0€	No filing for 2024.	-587€	—	1	—
57	Harbour Blast03565840 · Bar	0.0%	0€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-7,734€	—	1	—
58	Institut za Geologiju i Rudarstvo - Igr03754332 · Podgorica	0.0%	0€	No filing for 2024.	-1,369€	—	1	—
59	Rudnici Berane02979217 · Berane	0.0%	0€	-100.0%	-171,600€	—	6	1,220€

Mining

Revenue

Mining

Revenue

Companies

Employees

Profit margin

Payroll cost/emp./mo*

Revenue and companies since 2015

What changed in 2025

Activities in this sector

Where they are and who is growing

Revenue by municipality

Fastest growing

Largest employers

All companies (59)

Overview

Revenue

Overview

Revenue

Companies

Employees

Profit margin

Payroll cost/emp./mo*

Revenue and companies since 2015

What changed in 2025

Activities in this sector

Where they are and who is growing

Revenue by municipality

Fastest growing

Largest employers

All companies (59)