Montenegro businesses.
Explore official company financials, employment and salary data from public filings.
2025 market snapshot
Market revenue
16.78b€
+8.1% YoY
Total profit
902.17m€
+20.5% YoY
Total employees
173,252
+4.8% YoY
Top 10 companies
14.6%
Share of total revenue
Year
Total market trend
Top companies by revenue
| # | Company | Revenue | Profit | Margin | Employees |
|---|---|---|---|---|---|
| 1 | Elektroprivreda Crne Gore | 409,699,890€ | -92,121,426€ | -22.5% | 1170 |
| 2 | Voli Trade | 390,143,159€ | 16,066,500€ | 4.1% | 2406 |
| 3 | Hard Discount Laković | 294,229,601€ | 12,537,202€ | 4.3% | 1724 |
| 4 | Idea - CG | 275,741,990€ | 1,342,726€ | 0.5% | 2426 |
| 5 | Jugopetrol | 251,470,488€ | 9,364,722€ | 3.7% | 107 |
All companies
1Elektroprivreda Crne GoreUtilities · Nikšić
- Revenue
- 409,699,890€
- Profit
- -92,121,426€
- Employees
- 1,170
- Margin
- -22.5%
- Avg gross pay*
- 2,032€
- Rev/employee
- 350,171€
2Voli TradeTrade · Podgorica
- Revenue
- 390,143,159€
- Profit
- 16,066,500€
- Employees
- 2,406
- Margin
- 4.1%
- Avg gross pay*
- 1,143€
- Rev/employee
- 162,154€
3Hard Discount LakovićTrade · Podgorica
- Revenue
- 294,229,601€
- Profit
- 12,537,202€
- Employees
- 1,724
- Margin
- 4.3%
- Avg gross pay*
- 961€
- Rev/employee
- 170,667€
4Idea - CGTrade · Podgorica
- Revenue
- 275,741,990€
- Profit
- 1,342,726€
- Employees
- 2,426
- Margin
- 0.5%
- Avg gross pay*
- 1,094€
- Rev/employee
- 113,661€
5JugopetrolTrade · Podgorica
- Revenue
- 251,470,488€
- Profit
- 9,364,722€
- Employees
- 107
- Margin
- 3.7%
- Avg gross pay*
- 2,937€
- Rev/employee
- 2,350,191€
6MtelTechnology · Podgorica
- Revenue
- 183,440,058€
- Profit
- 76,703,936€
- Employees
- 559
- Margin
- 41.8%
- Avg gross pay*
- 2,217€
- Rev/employee
- 328,158€
7MontefarmTrade · Podgorica
- Revenue
- 181,800,827€
- Profit
- 2,605,158€
- Employees
- 540
- Margin
- 1.4%
- Avg gross pay*
- 1,434€
- Rev/employee
- 336,668€
8Domaća TrgovinaTrade · Podgorica
- Revenue
- 161,367,790€
- Profit
- 4,103,964€
- Employees
- 1,440
- Margin
- 2.5%
- Avg gross pay*
- 1,139€
- Rev/employee
- 112,061€
9GlosarijTrade · Podgorica
- Revenue
- 159,843,713€
- Profit
- 7,648,423€
- Employees
- 183
- Margin
- 4.8%
- Avg gross pay*
- 1,986€
- Rev/employee
- 873,463€
10Bar-KodTrade · Podgorica
- Revenue
- 145,278,300€
- Profit
- 4,326,327€
- Employees
- 441
- Margin
- 3.0%
- Avg gross pay*
- 1,369€
- Rev/employee
- 329,429€
11Crnogorski Elektrodistributivni SistemUtilities · Podgorica
- Revenue
- 143,491,220€
- Profit
- 2,673,271€
- Employees
- 1,751
- Margin
- 1.9%
- Avg gross pay*
- 1,852€
- Rev/employee
- 81,948€
12S Press +Trade · Podgorica
- Revenue
- 117,421,904€
- Profit
- 843,075€
- Employees
- 201
- Margin
- 0.7%
- Avg gross pay*
- 1,358€
- Rev/employee
- 584,189€
13Ina - Crna GoraTrade · Podgorica
- Revenue
- 113,646,187€
- Profit
- 1,003,995€
- Employees
- 142
- Margin
- 0.9%
- Avg gross pay*
- 1,904€
- Rev/employee
- 800,325€
14PlusTrade · Podgorica
- Revenue
- 104,939,098€
- Profit
- 4,079,422€
- Employees
- 34
- Margin
- 3.9%
- Avg gross pay*
- 2,765€
- Rev/employee
- 3,086,444€
15Crnogorski Elektroprenosni SistemUtilities
- Revenue
- 96,027,011€
- Profit
- 20,989,630€
- Employees
- 353
- Margin
- 21.9%
- Avg gross pay*
- 2,288€
- Rev/employee
- 272,031€
16BemaxConstruction · Podgorica
- Revenue
- 94,355,961€
- Profit
- 2,927,476€
- Employees
- 134
- Margin
- 3.1%
- Avg gross pay*
- 2,398€
- Rev/employee
- 704,149€
17Crnogorski TelekomTechnology · Podgorica
- Revenue
- 94,305,603€
- Profit
- 7,704,422€
- Employees
- 465
- Margin
- 8.2%
- Avg gross pay*
- 2,357€
- Rev/employee
- 202,808€
18Meso-PrometManufacturing · Bijelo Polje
- Revenue
- 91,867,938€
- Profit
- 3,698,590€
- Employees
- 637
- Margin
- 4.0%
- Avg gross pay*
- 824€
- Rev/employee
- 144,220€
19Luštica DevelopmentHospitality · Tivat
- Revenue
- 90,337,909€
- Profit
- 567,017€
- Employees
- 116
- Margin
- 0.6%
- Avg gross pay*
- 5,223€
- Rev/employee
- 778,775€
20OkovTrade · Podgorica
- Revenue
- 87,842,560€
- Profit
- 12,932,593€
- Employees
- 559
- Margin
- 14.7%
- Avg gross pay*
- 1,278€
- Rev/employee
- 157,142€
21KipsTrade · Podgorica
- Revenue
- 85,717,779€
- Profit
- 6,933,247€
- Employees
- 449
- Margin
- 8.1%
- Avg gross pay*
- 1,234€
- Rev/employee
- 190,908€
22PM 4.1Construction · Tivat
- Revenue
- 84,638,358€
- Profit
- 10,960,607€
- Employees
- 123
- Margin
- 12.9%
- Avg gross pay*
- 1,817€
- Rev/employee
- 688,117€
23MegaprometTrade · Budva
- Revenue
- 72,840,843€
- Profit
- 1,988,222€
- Employees
- 402
- Margin
- 2.7%
- Avg gross pay*
- 1,250€
- Rev/employee
- 181,196€
24VezuvArts & entertainment · Podgorica
- Revenue
- 72,234,228€
- Profit
- 28,173,079€
- Employees
- 634
- Margin
- 39.0%
- Avg gross pay*
- 902€
- Rev/employee
- 113,934€
25Nelt MneTrade · Podgorica
- Revenue
- 70,256,788€
- Profit
- 7,663,441€
- Employees
- 391
- Margin
- 10.9%
- Avg gross pay*
- 1,534€
- Rev/employee
- 179,685€
* Avg gross pay is an estimate calculated from financial-statement personnel-cost figures; source inaccuracies and non-salary personal expenses can make it vary significantly.
Market concentration
Share of total revenue
Top 5 companies9.7%
Top 10 companies14.6%
Top 20 companies20.8%
Data as of 2026-06-29