Construction companies in Montenegro ranked by average monthly payroll cost per employee 2019. This 2019 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria. Only companies with at least 10 employees are ranked.
Archived list for 2019, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12018: rank 2 | N.V.Besix S.A. Montenegro Construction · Tivat | 02945371Income statement (PDF) | 3,871€ | -0.5% | 11,083,450€ | 25 |
| 22018: rank 1 | China Road & Bridge Corporation Construction · Podgorica | 03016480Income statement (PDF) | 3,172€ | -42.3% | 146,850,890€ | 2,064 |
| 32018: rank 164 | Rove Construction · Tivat | 02726874Income statement (PDF) | 3,165€ | No meaningful percentage: the 2018 or current value is zero, negative, unknown or unreliable. | 2,027,778€ | 43 |
| 42018: rank 3 | Pizzarotti Montenegro Construction · Herceg Novi | 03070778Income statement (PDF) | 2,298€ | +7.0% | 167,407,873€ | 144 |
| 52018: rank 4 | Balcke-Durr Energy Solutions S.P.A., Đenova Construction · Podgorica | 02918102Income statement (PDF) | 1,885€ | -8.7% | 13,284,568€ | 11 |
| 62018: rank 5 | Beteiligung 52 Otpadne Vode Budva Construction · Podgorica | 02767899Income statement (PDF) | 1,801€ | +4.2% | 1,006,626€ | 15 |
| 72018: rank 138 | Almontaž Construction · Podgorica | 03170209Income statement (PDF) | 1,544€ | No meaningful percentage: the 2018 or current value is zero, negative, unknown or unreliable. | 523,180€ | 14 |
| 82018: rank 10 | Jedinstvo Construction · Tivat | 02677865Income statement (PDF) | 1,366€ | +2.1% | 2,316,675€ | 10 |
| 92018: rank 8 | Crnogorski Fond za Solidarnu Stambenu Izgradnju Construction · Podgorica | 02247097Income statement (PDF) | 1,351€ | -3.2% | 836,900€ | 22 |
| 102018: rank 7 | Astra Montenegro Investment Association Construction · Budva | 02772426Income statement (PDF) | 1,127€ | -20.4% | 707,478€ | 19 |
| 112018: rank 6 | Koving Construction · Podgorica | 02302373Income statement (PDF) | 1,108€ | -32.0% | 909,508€ | 15 |
| 122018: rank 14 | Bemax Construction · Podgorica | 02643448Income statement (PDF) | 1,106€ | -0.8% | 105,889,132€ | 183 |
| 132018: rank 17 | Putevi Construction · Podgorica | 02653893Income statement (PDF) | 1,095€ | +10.7% | 4,077,094€ | 97 |
| 142018: rank 16 | Crnagoraput Construction · Podgorica | 02013703Income statement (PDF) | 1,093€ | +5.8% | 17,014,124€ | 192 |
| 152018: rank 13 | Vatrostalna Construction · Podgorica | 02021366Income statement (PDF) | 1,084€ | -5.1% | 686,770€ | 17 |
| 162018: rank 9 | Intermost Construction · Podgorica | 02426960Income statement (PDF) | 1,043€ | -23.8% | 2,451,420€ | 29 |
| 17Not in the top 200 in 2018. | Termoinženjering Construction · Podgorica | 02077256Income statement (PDF) | 1,034€ | -7.5% | 2,145,882€ | 11 |
| 182018: rank 19 | Atena - Bohor Construction · Budva | 02297191Income statement (PDF) | 982€ | +8.4% | 6,021,716€ | 44 |
| 192018: rank 37 | La Collina Construction · Podgorica | 03000168Income statement (PDF) | 961€ | +42.8% | 4,010,294€ | 26 |
| 202018: rank 30 | Eurozox Construction · Danilovgrad | 02711028Income statement (PDF) | 905€ | +21.2% | 25,074,699€ | 66 |
| 212018: rank 12 | PTT Inženjering Construction · Podgorica | 02140128Income statement (PDF) | 892€ | -27.1% | 1,931,514€ | 36 |
| 222018: rank 18 | Čelebić Construction · Podgorica | 02073048Income statement (PDF) | 886€ | -7.7% | 27,801,963€ | 219 |
| 232018: rank 22 | Komunalne Usluge Construction · Podgorica | 02407523Income statement (PDF) | 881€ | +2.0% | 4,766,340€ | 94 |
| 242018: rank 21 | Soho Suites Construction · Bar | 03084671Income statement (PDF) | 874€ | +0.1% | 5,943€ | 12 |
| 252018: rank 27 | Građevinar Construction · Podgorica | 02026325Income statement (PDF) | 860€ | +9.1% | 858,974€ | 15 |
| 262018: rank 20 | Strabag Construction · Podgorica | 02713403Income statement (PDF) | 850€ | -3.3% | 22,194,159€ | 93 |
| 272018: rank 33 | Ening Construction · Nikšić | 02214628Income statement (PDF) | 823€ | +16.4% | 5,791,031€ | 77 |
| 282018: rank 47 | Roaming Networks Construction · Podgorica | 02858274Income statement (PDF) | 821€ | +42.3% | 6,991,487€ | 25 |
| 292018: rank 64 | Demtamont Engineering Construction · Podgorica | 03214974Income statement (PDF) | 814€ | +76.6% | 13,934,989€ | 114 |
| 302018: rank 31 | Korming Construction · Danilovgrad | 02777622Income statement (PDF) | 789€ | +7.3% | 1,805,021€ | 62 |
| 31Not in the top 200 in 2018. | Standard Inženjering Construction · Podgorica | 02701596Income statement (PDF) | 774€ | No meaningful percentage: the 2018 or current value is zero, negative, unknown or unreliable. | 1,138,829€ | 21 |
| 322018: rank 46 | Optoinženjering Construction · Podgorica | 02712296Income statement (PDF) | 756€ | +29.2% | 850,997€ | 15 |
| 332018: rank 39 | Spinel Construction · Kotor | 02185539Income statement (PDF) | 729€ | +14.3% | 863,931€ | 20 |
| 342018: rank 32 | Kodar Energomontaža Construction · Podgorica | 03017842Income statement (PDF) | 724€ | +2.1% | 4,266,295€ | 11 |
| 352018: rank 28 | Neksan Construction · Nikšić | 02131013Income statement (PDF) | 712€ | -8.6% | 3,944,122€ | 34 |
| 362018: rank 81 | Dram Construction · Tuzi | 02297639Income statement (PDF) | 711€ | +76.9% | 1,695,624€ | 18 |
| 372018: rank 38 | Agencija za Izgradnju i Razvoj Berane Construction · Berane | 03069494Income statement (PDF) | 710€ | +5.8% | 1,096,302€ | 71 |
| 382018: rank 40 | Zetagradnja Construction · Podgorica | 02278383Income statement (PDF) | 708€ | +12.7% | 26,487,624€ | 76 |
| 392018: rank 35 | Fidija Construction · Podgorica | 02111616Income statement (PDF) | 693€ | +1.3% | 10,327,281€ | 59 |
| 402018: rank 29 | BB Solar Construction · Podgorica | 02844575Income statement (PDF) | 687€ | -9.4% | 3,112,350€ | 41 |
| 412018: rank 43 | M-Energo Inženjering Construction · Podgorica | 02294907Income statement (PDF) | 687€ | +11.9% | 920,145€ | 14 |
| 422018: rank 36 | Agencija za Stanovanje Construction · Podgorica | 02015676Income statement (PDF) | 682€ | +0.9% | 1,874,738€ | 103 |
| 432018: rank 41 | Mehanizacija i Programat Construction · Nikšić | 02259648Income statement (PDF) | 658€ | +5.4% | 10,154,473€ | 144 |
| 442018: rank 26 | WTWS Construction · Budva | 02673436Income statement (PDF) | 630€ | -21.7% | 1,747,805€ | 17 |
| 452018: rank 25 | Gradnja-Promet Construction · Danilovgrad | 02055635Income statement (PDF) | 626€ | -22.5% | 6,483,002€ | 74 |
| 462018: rank 51 | Ibt Construction · Herceg Novi | 03099504Income statement (PDF) | 619€ | +9.9% | 872,109€ | 14 |
| 472018: rank 53 | Frigoelektro Construction · Podgorica | 02100037Income statement (PDF) | 617€ | +16.0% | 2,459,209€ | 31 |
| 482018: rank 42 | Željeznička Infrastruktura Crne Gore Construction · Podgorica | 02723816Income statement (PDF) | 607€ | -1.3% | 14,417,320€ | 789 |
| 49No filing for 2018. | Promet Contract Mne Construction · Herceg Novi | 03246582Income statement (PDF) | 598€ | No filing for 2018. | 2,940,510€ | 42 |
| 502018: rank 89 | Parmos Construction · Podgorica | 02102552Income statement (PDF) | 596€ | +55.2% | 1,693,628€ | 15 |
Showing 1–50 · top 50 of 243 companies
* 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 →
This ranking contains 50 records for 2019, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is N.V.BESIX S.A. MONTENEGRO DIO STRANOG DRUŠTVA - TIVAT; placement is determined by average monthly payroll cost per employee, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology