Movers

Year-over-year risers & fallers and the fastest growers

Year

2024→2025

12 months

Tracked both years

4,653

2024→2025

Median change

+7.3%

Largest move

+79.7m€

Mtel

Top gainers · Revenue · 2024→2025

1
Mtel
103.8m€ → 183.4m€
+79.7m€
+76.8%
2
China Road & Bridge Corporation Peking, NR Kina
4.1m€ → 40.0m€
+35.9m€
+864.2%
3
Hard Discount Laković
260.1m€ → 294.2m€
+34.1m€
+13.1%
4
Volvox Materials&construction
6.3m€ → 33.2m€
+27.0m€
+431.4%
5
Domaća Trgovina
138.9m€ → 161.4m€
+22.5m€
+16.2%
6
Kips Gradnja
7.3m€ → 28.6m€
+21.3m€
+290.7%
7
Voli Trade
368.9m€ → 390.1m€
+21.2m€
+5.8%
8
Dongfang Electric International Corporation
10.7m€ → 30.5m€
+19.8m€
+183.9%
9
Megapromet
53.7m€ → 72.8m€
+19.1m€
+35.7%
10
Plus
86.9m€ → 104.9m€
+18.0m€
+20.7%
11
Bar-Kod
127.4m€ → 145.3m€
+17.8m€
+14.0%
12
S Press +
99.9m€ → 117.4m€
+17.5m€
+17.5%

#	Company	Δ	Δ%
1	Mtel 103.8m€ → 183.4m€	+79.7m€	+76.8%
2	China Road & Bridge Corporation Peking, NR Kina 4.1m€ → 40.0m€	+35.9m€	+864.2%
3	Hard Discount Laković 260.1m€ → 294.2m€	+34.1m€	+13.1%
4	Volvox Materials&construction 6.3m€ → 33.2m€	+27.0m€	+431.4%
5	Domaća Trgovina 138.9m€ → 161.4m€	+22.5m€	+16.2%
6	Kips Gradnja 7.3m€ → 28.6m€	+21.3m€	+290.7%
7	Voli Trade 368.9m€ → 390.1m€	+21.2m€	+5.8%
8	Dongfang Electric International Corporation 10.7m€ → 30.5m€	+19.8m€	+183.9%
9	Megapromet 53.7m€ → 72.8m€	+19.1m€	+35.7%
10	Plus 86.9m€ → 104.9m€	+18.0m€	+20.7%
11	Bar-Kod 127.4m€ → 145.3m€	+17.8m€	+14.0%
12	S Press + 99.9m€ → 117.4m€	+17.5m€	+17.5%

Top losers · Revenue · 2024→2025

1
Zeta Film
34.1m€ → 2.9m€
-31.2m€
-91.6%
2
Rudnik Uglja
75.0m€ → 48.7m€
-26.3m€
-35.0%
3
Elektroprivreda Crne Gore
435.8m€ → 409.7m€
-26.1m€
-6.0%
4
Carlsberg Montenegro
21.7m€ → 275.9k€
-21.5m€
-98.7%
5
Uniprom
52.0m€ → 34.8m€
-17.2m€
-33.1%
6
Terna Crna Gora
18.3m€ → 1.2m€
-17.1m€
-93.3%
7
Xenergy
52.4m€ → 37.5m€
-15.0m€
-28.5%
8
Dukley Hotel
13.8m€ → 465.7k€
-13.3m€
-96.6%
9
Perspektif Yapi Insaat Sanayi Ve Ticaret Anonim Sirketi
22.6m€ → 10.7m€
-11.9m€
-52.5%
10
Azmont Investments
51.3m€ → 39.6m€
-11.7m€
-22.9%
11
Genex PG
11.4m€ → 5.6k€
-11.4m€
-100.0%
12
Idea - CG
287.0m€ → 275.7m€
-11.2m€
-3.9%

#	Company	Δ	Δ%
1	Zeta Film 34.1m€ → 2.9m€	-31.2m€	-91.6%
2	Rudnik Uglja 75.0m€ → 48.7m€	-26.3m€	-35.0%
3	Elektroprivreda Crne Gore 435.8m€ → 409.7m€	-26.1m€	-6.0%
4	Carlsberg Montenegro 21.7m€ → 275.9k€	-21.5m€	-98.7%
5	Uniprom 52.0m€ → 34.8m€	-17.2m€	-33.1%
6	Terna Crna Gora 18.3m€ → 1.2m€	-17.1m€	-93.3%
7	Xenergy 52.4m€ → 37.5m€	-15.0m€	-28.5%
8	Dukley Hotel 13.8m€ → 465.7k€	-13.3m€	-96.6%
9	Perspektif Yapi Insaat Sanayi Ve Ticaret Anonim Sirketi 22.6m€ → 10.7m€	-11.9m€	-52.5%
10	Azmont Investments 51.3m€ → 39.6m€	-11.7m€	-22.9%
11	Genex PG 11.4m€ → 5.6k€	-11.4m€	-100.0%
12	Idea - CG 287.0m€ → 275.7m€	-11.2m€	-3.9%

Fastest-growing · Revenue CAGR (full span)Revenue only

1
Eko Projekt Mne
PIB 03556506
+334.2%/yr
Start
127.1k€ · 2023
Latest
2.4m€ · 2025
Δ
2.3m€ · +1,785.7%
Span
2y
2
Goga Adriatic-Montenegro
PIB 03479978
+299.0%/yr
Start
244.0k€ · 2023
Latest
3.9m€ · 2025
Δ
3.6m€ · +1,492.0%
Span
2y
3
SKY Towers Infrastructure
PIB 03554775
+274.1%/yr
Start
190.7k€ · 2023
Latest
2.7m€ · 2025
Δ
2.5m€ · +1,299.2%
Span
2y
4
Hill Construction
PIB 03550788
+255.0%/yr
Start
121.7k€ · 2023
Latest
1.5m€ · 2025
Δ
1.4m€ · +1,160.6%
Span
2y
5
Mon Joy
PIB 03429504
+247.5%/yr
Start
108.5k€ · 2023
Latest
1.3m€ · 2025
Δ
1.2m€ · +1,107.5%
Span
2y
6
Structura Mne
PIB 03265978
+244.3%/yr
Start
276.1k€ · 2023
Latest
3.3m€ · 2025
Δ
3.0m€ · +1,085.6%
Span
2y
7
Marine Food
PIB 03507041
+237.8%/yr
Start
463.5k€ · 2023
Latest
5.3m€ · 2025
Δ
4.8m€ · +1,041.2%
Span
2y
8
Namazu
PIB 03535193
+227.0%/yr
Start
129.5k€ · 2023
Latest
1.4m€ · 2025
Δ
1.3m€ · +969.0%
Span
2y
9
Ecosfera Savjetovanje
PIB 03513262
+223.1%/yr
Start
181.3k€ · 2023
Latest
1.9m€ · 2025
Δ
1.7m€ · +944.2%
Span
2y
10
Atlanta M
PIB 03534383
+216.0%/yr
Start
629.4k€ · 2023
Latest
6.3m€ · 2025
Δ
5.7m€ · +898.7%
Span
2y
11
Green Energy System
PIB 03479226
+212.7%/yr
Start
2.0m€ · 2023
Latest
19.1m€ · 2025
Δ
17.1m€ · +877.8%
Span
2y
12
Siemens Energy Beograd Branch Office Montenegro
PIB 03370259
+207.2%/yr
Start
339.2k€ · 2022
Latest
9.8m€ · 2025
Δ
9.5m€ · +2,799.0%
Span
3y
13
LB Town Management
PIB 03327299
+194.7%/yr
Start
122.4k€ · 2021
Latest
9.2m€ · 2025
Δ
9.1m€ · +7,441.9%
Span
4y
14
Oncliniq
PIB 03569845
+192.8%/yr
Start
170.6k€ · 2023
Latest
1.5m€ · 2025
Δ
1.3m€ · +757.2%
Span
2y
15
Hera Lift
PIB 03594815
+189.2%/yr
Start
134.3k€ · 2023
Latest
1.1m€ · 2025
Δ
989.1k€ · +736.6%
Span
2y

#	Company	Revenue only CAGR	Start	Latest	Δ	Span
1	Eko Projekt Mne PIB 03556506	+334.2%/yr	127.1k€ · 2023	2.4m€ · 2025	2.3m€ · +1,785.7%	2y
2	Goga Adriatic-Montenegro PIB 03479978	+299.0%/yr	244.0k€ · 2023	3.9m€ · 2025	3.6m€ · +1,492.0%	2y
3	SKY Towers Infrastructure PIB 03554775	+274.1%/yr	190.7k€ · 2023	2.7m€ · 2025	2.5m€ · +1,299.2%	2y
4	Hill Construction PIB 03550788	+255.0%/yr	121.7k€ · 2023	1.5m€ · 2025	1.4m€ · +1,160.6%	2y
5	Mon Joy PIB 03429504	+247.5%/yr	108.5k€ · 2023	1.3m€ · 2025	1.2m€ · +1,107.5%	2y
6	Structura Mne PIB 03265978	+244.3%/yr	276.1k€ · 2023	3.3m€ · 2025	3.0m€ · +1,085.6%	2y
7	Marine Food PIB 03507041	+237.8%/yr	463.5k€ · 2023	5.3m€ · 2025	4.8m€ · +1,041.2%	2y
8	Namazu PIB 03535193	+227.0%/yr	129.5k€ · 2023	1.4m€ · 2025	1.3m€ · +969.0%	2y
9	Ecosfera Savjetovanje PIB 03513262	+223.1%/yr	181.3k€ · 2023	1.9m€ · 2025	1.7m€ · +944.2%	2y
10	Atlanta M PIB 03534383	+216.0%/yr	629.4k€ · 2023	6.3m€ · 2025	5.7m€ · +898.7%	2y
11	Green Energy System PIB 03479226	+212.7%/yr	2.0m€ · 2023	19.1m€ · 2025	17.1m€ · +877.8%	2y
12	Siemens Energy Beograd Branch Office Montenegro PIB 03370259	+207.2%/yr	339.2k€ · 2022	9.8m€ · 2025	9.5m€ · +2,799.0%	3y
13	LB Town Management PIB 03327299	+194.7%/yr	122.4k€ · 2021	9.2m€ · 2025	9.1m€ · +7,441.9%	4y
14	Oncliniq PIB 03569845	+192.8%/yr	170.6k€ · 2023	1.5m€ · 2025	1.3m€ · +757.2%	2y
15	Hera Lift PIB 03594815	+189.2%/yr	134.3k€ · 2023	1.1m€ · 2025	989.1k€ · +736.6%	2y