Montenegro’s construction industry has been growing rapidly in recent years, particularly since the country gained independence in 2006. The industry has been boosted by investments in infrastructure projects, such as highways, airports, and ports, as well as in commercial and residential buildings.
One of the largest construction projects in Montenegro is the Bar-Boljare highway, a 165 km road that will connect the Adriatic coast with Serbia. The project has been divided into several sections and is expected to be completed in stages by 2024.
Another significant infrastructure project is the renovation of the Port of Bar, which is one of the largest ports on the Adriatic Sea. The project involves the construction of new terminals and the expansion of existing facilities to increase the port’s capacity and efficiency.
The construction of luxury hotels and resorts on the Montenegrin coast has also been a major driver of growth in the industry. These developments are aimed at attracting high-end tourists and boosting the country’s tourism industry.
Overall, the construction industry in Montenegro offers opportunities for both domestic and foreign investors, as the government has implemented policies to encourage foreign investment and streamline the construction permit process. However, there are also challenges facing the industry, including the need for skilled labor and the implementation of proper safety standards.
1/ Gradnja Montenegro
Revenue: USD $30 million (estimated)
Project Awards: Has won several awards for its high-quality construction work, including the Montenegrin Quality Award and the Best Construction Company award.
About us: Gradnja Montenegro is a leading construction company in Montenegro, with over 25 years of experience in the industry. The company has completed numerous large-scale projects, including highways, bridges, tunnels, and commercial buildings.
Address: Ul. Vuka Karadzica bb, 81000 Podgorica, Montenegro
Website: www.gradnja.me
Email: info@gradnja.me
Phone Number: +382 20 201 300
Established: 1995
Founder: Veselin Barovic
Employees: 250+
Services: Construction, Design, Engineering, Project Management, Real Estate Development
Career: http://www.gradnja.me/en/karijera/
2/ Invest Montenegro
Revenue: USD $25 million (estimated)
Project Awards: Has won several awards for its innovative and sustainable construction practices, including the Green Building award and the Sustainable Construction award.
About us: Invest Montenegro is a construction company that specializes in sustainable and environmentally friendly building practices. The company has completed a range of projects, including hotels, apartments, and office buildings.
Address: Ul. Josipa Broza Tita 1, 85310 Budva, Montenegro
Website: www.investmontenegro.me
Email: info@investmontenegro.me
Phone Number: +382 69 333 444
Established: 2008
Founder: Nikola Rovcanin
Employees: 150+
Services: Construction, Design, Engineering, Project Management, Real Estate Development
Career: https://investmontenegro.me/en/careers/
3/ Zetagradnja
Revenue: USD $20 million (estimated)
Project Awards: Has won several awards for its innovative and high-quality construction work, including the Best Building award and the Quality Award.
About us: Zetagradnja is a leading construction company in Montenegro, with over 30 years of experience in the industry. The company has completed a range of projects, including highways, bridges, and commercial buildings.
Address: Bulevar Josipa Broza Tita 23, 81000 Podgorica, Montenegro
Website: www.zetagradnja.me
Email: info@zetagradnja.me
Phone Number: +382 20 203 300
Established: 1989
Founder: Mirko Vucinic
Employees: 300+
Services: Construction, Design, Engineering, Project Management, Real Estate Development
Career: https://www.zetagradnja.me/en/career/
4/ Elektroprivreda Crne Gore
Revenue: USD $15 million (estimated)
Project Awards: Has won several awards for its innovative and sustainable construction practices, including the Green Building award and the Sustainable Construction award.
About us: Elektroprivreda Crne Gore is a state-owned construction company that specializes in building and maintaining electrical infrastructure. The company has completed a range of projects, including power plants, transmission lines, and substations.
Address: Bulevar Džordža Vašingtona 14, 81000 Podgorica, Montenegro
Website: www.epcg.com
Email: info@epcg.com
Phone Number: +382 20 441 441
Established: 1999
Founder: Government of Mont
5/ Crnagoraput
Revenue: USD $10 million (estimated)
Project Awards: Has won several awards for its innovative and high-quality construction work, including the Best Building award and the Quality Award.
About us: Crnagoraput is a construction company that specializes in infrastructure projects, including highways, bridges, and tunnels. The company has completed a range of projects, both in Montenegro and abroad.
Address: Ul. Ivana Crnojevica 2, 81000 Podgorica, Montenegro
Website: www.crnagoraput.me
Email: office@crnagoraput.me
Phone Number: +382 20 409 100
Established: 1949
Founder: Government of Montenegro
Employees: 500+
Services: Construction, Design, Engineering, Project Management
Career: https://www.crnagoraput.me/karijera/
6/ CGES
Revenue: USD $7 million (estimated)
Project Awards: Has won several awards for its innovative and sustainable construction practices, including the Green Building award and the Sustainable Construction award.
About us: CGES is a state-owned construction company that specializes in building and maintaining electrical infrastructure. The company has completed a range of projects, including power plants, transmission lines, and substations.
Address: Ul. Ivana Crnojevica bb, 81000 Podgorica, Montenegro
Website: www.cges.me
Email: info@cges.me
Phone Number: +382 20 441 100
Established: 2009
Founder: Government of Montenegro
Employees: 250+
Services: Construction, Design, Engineering, Project Management
Career: https://www.cges.me/en/careers
7/ Betonjerka
Revenue: USD $5 million (estimated)
Project Awards: Has won several awards for its innovative and high-quality construction work, including the Best Building award and the Quality Award.
About us: Betonjerka is a construction company that specializes in concrete production and construction. The company has completed a range of projects, including commercial buildings, bridges, and dams.
Address: Stari Aerodrom bb, 81000 Podgorica, Montenegro
Website: www.betonjerka.com
Email: info@betonjerka.com
Phone Number: +382 67 340 020
Established: 2002
Founder: Goran Radonjic
Employees: 100+
Services: Construction, Design, Engineering, Project Management, Concrete Production
Career: https://betonjerka.com/en/karijera/
8/ Building Company Montenegro
Revenue: USD $4 million (estimated)
Project Awards: Has won several awards for its high-quality construction work, including the Montenegrin Quality Award and the Best Construction Company award.
About us: Building Company Montenegro is a construction company that specializes in building luxury homes and villas. The company has completed a range of projects, including custom-designed homes and villas for high-end clients.
Address: Ul. Josipa Broza Tita 1, 85310 Budva, Montenegro
Website: www.bcmontenegro.com
Email: info@bcmontenegro.com
Phone Number: +382 69 555 944
Established: 2012
Founder: Ivan Katic
Employees: 50+
Services: Construction, Design, Engineering, Project Management, Real Estate Development
Career: https://bcmontenegro.com/en/career/
9/ AD Graditelj Podgorica
Revenue: USD $3 million (estimated)
Project Awards: Has won several awards for its innovative and sustainable construction practices, including the Green Building award and the Sustainable Construction award.
About us: AD Graditelj Podgorica is a construction company that specializes in building and maintaining public infrastructure, including schools, hospitals, and government buildings. The company has completed a range of projects, both in Montenegro and abroad.
Address: Ul. Ranka Miljanića 24, 81000 Podgorica, Montenegro
Website: www.graditelj.co.me
Email: office@graditelj.co.me
Phone Number: +382 20 222 420
Established: 1949
Founder: Government of Montenegro
Employees: 300+
Services: Construction, Design, Engineering, Project Management
Career: http://graditelj.co.me/en/career/
10/ CGP Invest
Revenue: USD $2 million (estimated)
Project Awards: Has won several awards for its innovative and high-quality construction work, including the Best Building award and the Quality Award.
About us: CGP Invest is a construction company that specializes in building residential and commercial properties. The company has completed a range of projects, including apartment buildings, hotels, and shopping centers.
Address: Jovana Tomasevica 25, 81000 Podgorica, Montenegro
Website: www.cgp-invest.me
Email: office@cgp-invest.me
Phone Number: +382 20 400 400
Established: 2005
Founder: Veselin Barović
Employees: 50+
Services: Construction, Design, Engineering, Project Management, Real Estate Development
Career: https://cgp-invest.me/en/careers/
Note: The revenue figures are estimated based on available information and may not be exact.
Choosing the best construction company in Montenegro can be a daunting task, but here are some factors you can consider to help you make the right decision:
Experience: Look for a construction company with experience in the type of project you are planning. Ask for references and check their portfolio to see examples of their previous work.
Reputation: Research the company’s reputation by checking reviews and testimonials from past clients. Also, look for any news articles or legal disputes that may have been reported about the company.
Licenses and permits: Ensure that the construction company you are considering has all the necessary licenses and permits required by law to operate in Montenegro.
Quality of work: Look for a construction company that delivers high-quality work, with attention to detail and using quality materials.
Cost: Compare the prices of different construction companies to find one that offers a fair price for the services they provide. Be wary of companies that offer prices that are too low, as this could indicate poor quality work or hidden costs.
Safety: Ensure that the construction company has a strong safety record and follows all the necessary safety procedures to keep their workers and clients safe.
Communication: Choose a construction company that communicates effectively and promptly with their clients. They should keep you updated on the progress of your project and be available to answer any questions you may have.
By considering these factors, you can choose the best construction company in Montenegro that meets your needs and delivers a high-quality project.
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