Revenue
8.1% of Montenegro's revenue
2,600 companies earned 1.43b€ in 2025, 8.1% of all company revenue in Montenegro. It ranks 3 of 18 sectors by revenue. Revenue has grown 2.2× since 2015.
8.1% of Montenegro's revenue
1,157 with at most one employee
Largest employer: Meso-Promet (637)
Total profit: 82.14m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 652,001,526€ | 1,335 |
| 2016 | 664,144,843€ | 1,422 |
| 2017 | 765,142,727€ | 1,550 |
| 2018 | 794,303,168€ | 1,665 |
| 2019 | 830,768,060€ | 1,766 |
| 2020 | 777,390,153€ | 1,900 |
| 2021 | 917,603,355€ | 2,006 |
| 2022 | 1,196,086,350€ | 2,178 |
| 2023 | 1,235,336,335€ | 2,409 |
| 2024 | 1,365,897,940€ | 2,543 |
| 2025 (Preliminary) | 1,426,505,421€ | 2,600 |
Growth is measured on the same companies, which filed for both years.
Share of the sector's revenue
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 501–550 of 2,600
* 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 →
Totals include 93 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 501 | Miris Peciva03665038 · Budva | <0.1% | 298,661€ | +389.9% | 81,671€ | 27.3% | 4 | 2,038€ |
| 502 | Galeb-Prom03208362 · Pljevlja | <0.1% | 297,857€ | +6.2% | -61,061€ | -20.5% | 12 | 621€ |
| 503 | BN Ledinak02404443 · Rožaje | <0.1% | 297,100€ | +234.6% | 96,898€ | 32.6% | 5 | 1,523€ |
| 504 | Juing02238551 · Podgorica | <0.1% | 296,563€ | -20.5% | 787€ | 0.3% | 5 | 1,202€ |
| 505 | Inox - Bar02728362 · Bar | <0.1% | 296,561€ | +168.4% | 48,156€ | 16.2% | 2 | 901€ |
| 506 | GM - Produkt02402467 · Pljevlja | <0.1% | 296,483€ | +13.5% | 3,093€ | 1.0% | 5 | 754€ |
| 507 | Mesara Vujović 190303180433 · Cetinje | <0.1% | 295,971€ | +7.0% | 4,240€ | 1.4% | 3 | 678€ |
| 508 | MG - Pekara Dimi03248666 · Podgorica | <0.1% | 295,601€ | +30.9% | 14,353€ | 4.9% | 5 | 463€ |
| 509 | CNL Internacional02274035 · Budva | <0.1% | 293,422€ | +171.1% | 189,879€ | 64.7% | 1 | 675€ |
| 510 | Monte Grande Winery03196178 · Zeta | <0.1% | 293,340€ | +10.8% | 74,898€ | 25.5% | 4 | 1,207€ |
| 511 | Stirodom02649900 · Kotor | <0.1% | 291,412€ | -3.5% | 5,147€ | 1.8% | 4 | 902€ |
| 512 | Gold Nera02865661 · Tuzi | <0.1% | 291,072€ | +5.3% | 6,305€ | 2.2% | 5 | 846€ |
| 513 | Kulidžan02877236 · Podgorica | <0.1% | 290,742€ | +66.4% | 6,066€ | 2.1% | 7 | 704€ |
| 514 | Lunamar Montenegro02792206 · Tivat | <0.1% | 287,062€ | +0.2% | 1,008€ | 0.4% | 2 | 1,176€ |
| 515 | MQ203571491 · Podgorica | <0.1% | 286,089€ | +39.2% | 23,251€ | 8.1% | 3 | 2,333€ |
| 516 | Ral Co03320529 · Ulcinj | <0.1% | 285,801€ | +58.9% | 15,353€ | 5.4% | 4 | 618€ |
| 517 | Tasa i Maja03315045 · Mojkovac | <0.1% | 285,024€ | -19.1% | 1,080€ | 0.4% | 3 | 768€ |
| 518 | Cafe Company02374935 · Bijelo Polje | <0.1% | 284,295€ | +21.1% | 3,820€ | 1.3% | 3 | 679€ |
| 519 | International Yacht Service02768585 · Tivat | <0.1% | 283,387€ | +39.4% | 17,253€ | 6.1% | 1 | 1,980€ |
| 520 | Vapor VK03280390 · Podgorica | <0.1% | 283,032€ | +13.7% | 12,260€ | 4.3% | 3 | 2,775€ |
| 521 | Deli Group03291324 · Podgorica | <0.1% | 282,004€ | -50.2% | 1,247€ | 0.4% | 1 | 950€ |
| 522 | Top Dizajn02752832 · Podgorica | <0.1% | 281,355€ | +42.9% | 2,097€ | 0.7% | 3 | 677€ |
| 523 | Madness Company03533204 · Podgorica | <0.1% | 279,581€ | +56.1% | 20,189€ | 7.2% | 5 | 697€ |
| 524 | Palikuća Company02986230 · Herceg Novi | <0.1% | 277,664€ | +15.2% | -5,922€ | -2.1% | 9 | 608€ |
| 525 | Annabella02399997 · Nikšić | <0.1% | 277,581€ | -10.7% | 9,237€ | 3.3% | 5 | 551€ |
| 526 | Kollari02933608 · Ulcinj | <0.1% | 277,351€ | -3.2% | 21,374€ | 7.7% | 5 | 674€ |
| 527 | Art Remedia02811103 · Nikšić | <0.1% | 276,750€ | +24.8% | 41,262€ | 14.9% | 3 | 1,173€ |
| 528 | Amz Montenegro02716224 · Zeta | <0.1% | 276,316€ | +2.7% | 2,443€ | 0.9% | 3 | 680€ |
| 529 | Dušan02452367 · Podgorica | <0.1% | 275,908€ | +10.4% | 21,173€ | 7.7% | 5 | 951€ |
| 530 | Ukaj Company Plus02829711 · Bar | <0.1% | 275,486€ | +45.7% | 14,466€ | 5.3% | 7 | 705€ |
| 531 | Mljekara02189313 · Pljevlja | <0.1% | 274,292€ | -1.7% | -2,530€ | -0.9% | 11 | 692€ |
| 532 | Party Voyage Limited03340279 · Tivat | <0.1% | 274,291€ | +36.6% | 25,922€ | 9.5% | 1 | 340€ |
| 533 | Mixo03080838 · Podgorica | <0.1% | 272,930€ | +17.3% | 10,809€ | 4.0% | 11 | 928€ |
| 534 | Agro Dora03325806 · Danilovgrad | <0.1% | 272,492€ | -16.1% | 731€ | 0.3% | 7 | 661€ |
| 535 | Silex Promet02241820 · Cetinje | <0.1% | 270,888€ | +25.4% | 37,766€ | 13.9% | 8 | 662€ |
| 536 | MS Komerc02455056 · Pljevlja | <0.1% | 270,593€ | +99.0% | 17,560€ | 6.5% | 3 | 1,146€ |
| 537 | K&I Company03250601 · Danilovgrad | <0.1% | 269,154€ | +64.2% | 8,725€ | 3.2% | 5 | 632€ |
| 538 | Forestino Montenegro03043355 · Podgorica | <0.1% | 268,748€ | -12.0% | 50,541€ | 18.8% | 7 | 874€ |
| 539 | Montaro Group03543609 · Bijelo Polje | <0.1% | 267,066€ | +123.6% | 12,048€ | 4.5% | 10 | 1,207€ |
| 540 | SDJ Šarović03252299 · Podgorica | <0.1% | 266,535€ | +71.0% | 1,036€ | 0.4% | 3 | 946€ |
| 541 | Tema Nova03204006 · Podgorica | <0.1% | 266,030€ | -30.6% | 4,624€ | 1.7% | 3 | — |
| 542 | Lim02428407 · Bijelo Polje | <0.1% | 265,258€ | +22.2% | -519,589€ | -195.9% | 11 | 1,142€ |
| 543 | Infinito Gelato03304779 · Podgorica | <0.1% | 263,766€ | +13.9% | -11,251€ | -4.3% | 2 | 3,610€ |
| 544 | Roćenović02757974 · Nikšić | <0.1% | 263,183€ | -11.6% | 29,956€ | 11.4% | 3 | 833€ |
| 545 | Šućur Produkt03701948 · Tivat | <0.1% | 262,484€ | +888.8% | 28,756€ | 11.0% | 6 | 875€ |
| 546 | City Elevator03533573 · Podgorica | <0.1% | 261,191€ | +57.4% | 3,214€ | 1.2% | 2 | 2,139€ |
| 547 | Monargo03083748 · Podgorica | <0.1% | 260,623€ | +0.4% | -56,866€ | -21.8% | 9 | 1,196€ |
| 548 | Montesalina02421399 · Ulcinj | <0.1% | 260,561€ | +1.3% | 3,332€ | 1.3% | 4 | 924€ |
| 549 | Megatex02813912 · Bar | <0.1% | 259,940€ | +73.0% | 55,406€ | 21.3% | 5 | 581€ |
| 550 | Bake Montenegro02379163 · Herceg Novi | <0.1% | 258,182€ | +4.9% | 7,285€ | 2.8% | 15 | 749€ |