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 801–850 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* |
|---|
| 801 | Ekspert MG02838095 · Podgorica | <0.1% | 136,795€ | -7.8% | 303€ | 0.2% | 5 | 825€ |
| 802 | Arfa - MTD02426706 · Bijelo Polje | <0.1% | 136,704€ | +17.0% | 589€ | 0.4% | 3 | 953€ |
| 803 | Zejmont03527522 · Bijelo Polje | <0.1% | 136,439€ | +7.4% | 7,711€ | 5.7% | 9 | 814€ |
| 804 | M Produkt03261654 · Pljevlja | <0.1% | 136,034€ | +13.7% | 3,357€ | 2.5% | 3 | 657€ |
| 805 | Acm02945827 · Nikšić | <0.1% | 136,014€ | +30.5% | -13,597€ | -10.0% | 2 | 422€ |
| 806 | Kredenac Dekor03153312 · Podgorica | <0.1% | 135,816€ | +49.3% | 11,962€ | 8.8% | 6 | 678€ |
| 807 | Euro Globalservice Wind S.R.L03781062 · Podgorica | <0.1% | 135,539€ | No filing for 2024. | 30,602€ | 22.6% | 6 | 872€ |
| 808 | Kolibri Tri03079473 · Bar | <0.1% | 135,453€ | +94.1% | -6,246€ | -4.6% | 8 | 488€ |
| 809 | Vujisić Company02665409 · Kolašin | <0.1% | 135,395€ | -11.4% | 182€ | 0.1% | 7 | 678€ |
| 810 | Enterijer Stefanović03136876 · Podgorica | <0.1% | 135,354€ | +94.6% | 19,294€ | 14.3% | 2 | 969€ |
| 811 | Boatservice Montenegro03403521 · Tivat | <0.1% | 134,712€ | +18.8% | 1,298€ | 1.0% | 2 | 627€ |
| 812 | Segment BP03421597 · Bijelo Polje | <0.1% | 134,630€ | +15.7% | 3,078€ | 2.3% | 2 | 1,021€ |
| 813 | Bar - Pek02986175 · Bar | <0.1% | 133,971€ | -11.5% | 1,475€ | 1.1% | 7 | 681€ |
| 814 | Euroflex-Pljevlja03080943 · Pljevlja | <0.1% | 133,858€ | +38.6% | 29,559€ | 22.1% | 2 | 719€ |
| 815 | Arsenal - Rem Tivat03052982 · Tivat | <0.1% | 132,913€ | +620.1% | 24,533€ | 18.5% | 1 | 4,360€ |
| 816 | Leart02379481 · Herceg Novi | <0.1% | 132,503€ | +41.6% | 17,402€ | 13.1% | 8 | 680€ |
| 817 | M-Construction03423000 · Nikšić | <0.1% | 132,207€ | +47.7% | 13,098€ | 9.9% | 3 | 511€ |
| 818 | Azoteq Montenegro03683273 · Podgorica | <0.1% | 132,071€ | +326.6% | 27,293€ | 20.7% | 2 | 3,412€ |
| 819 | Tira E Molla02714841 · Tivat | <0.1% | 131,375€ | +21.9% | 29,959€ | 22.8% | 5 | — |
| 820 | Amegra02826666 · Nikšić | <0.1% | 131,237€ | -12.1% | 3,696€ | 2.8% | 4 | 928€ |
| 821 | Gagarin Bakery03320715 · Podgorica | <0.1% | 131,183€ | -4.9% | -15,857€ | -12.1% | 5 | 789€ |
| 822 | Tipograf03027953 · Podgorica | <0.1% | 130,814€ | -2.7% | 3,240€ | 2.5% | 6 | 901€ |
| 823 | Orah02633647 · Berane | <0.1% | 130,575€ | -25.2% | 21,954€ | 16.8% | 3 | 675€ |
| 824 | Aegean Technicmarine03415651 · Tivat | <0.1% | 129,708€ | -4.8% | 42,981€ | 33.1% | 5 | 578€ |
| 825 | Zračak Nade02346249 · Pljevlja | <0.1% | 129,434€ | +10.8% | 0€ | 0.0% | 8 | 1,171€ |
| 826 | Boolean Automation03533778 · Budva | <0.1% | 129,056€ | -18.7% | 73,957€ | 57.3% | 1 | 678€ |
| 827 | BM - Magistrala02636328 · Herceg Novi | <0.1% | 128,811€ | -9.6% | -12,668€ | -9.8% | 8 | 758€ |
| 828 | Technomarine TM Group02946408 · Tivat | <0.1% | 128,413€ | -29.7% | -10,863€ | -8.5% | 3 | 1,353€ |
| 829 | Aluipvc Sljivo03753026 · Podgorica | <0.1% | 128,338€ | No filing for 2024. | 4,566€ | 3.6% | 2 | 371€ |
| 830 | Albina02390272 · Tivat | <0.1% | 128,246€ | -8.2% | -98,244€ | -76.6% | 8 | 658€ |
| 831 | Braća Magud Al i PVC - Grbalj03240312 · Kotor | <0.1% | 127,453€ | +31.0% | 23,413€ | 18.4% | 3 | 675€ |
| 832 | Nikić - Digital02628597 · Podgorica | <0.1% | 126,802€ | -19.6% | -40,731€ | -32.1% | 5 | 680€ |
| 833 | BK Dom03614271 · Nikšić | <0.1% | 126,463€ | +105.6% | 39,604€ | 31.3% | 1 | 368€ |
| 834 | Castello Montenegro02010127 · Pljevlja | <0.1% | 126,296€ | +25.9% | -4,645€ | -3.7% | 0 | — |
| 835 | Biznis & Life03128318 · Podgorica | <0.1% | 125,655€ | +14.4% | 3,428€ | 2.7% | 5 | 761€ |
| 836 | Tehnopetrol CG02708612 · Podgorica | <0.1% | 125,552€ | +5.2% | 1,665€ | 1.3% | 3 | 1,308€ |
| 837 | Iron Engineering03305147 · Podgorica | <0.1% | 125,425€ | +8.0% | 29,627€ | 23.6% | 2 | 1,041€ |
| 838 | Loris02089173 · Nikšić | <0.1% | 125,412€ | +429.4% | 65,469€ | 52.2% | 3 | 450€ |
| 839 | Malika02957400 · Bar | <0.1% | 125,313€ | -49.3% | -55,152€ | -44.0% | 5 | 1,273€ |
| 840 | Two Moon03715388 · Kotor | <0.1% | 125,285€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 29,442€ | 23.5% | 1 | 6,282€ |
| 841 | Alfa Enterijeri03644642 · Herceg Novi | <0.1% | 124,683€ | +103.3% | -15,280€ | -12.3% | 7 | 444€ |
| 842 | Enterijer Dubak03175014 · Podgorica | <0.1% | 124,619€ | -26.6% | 11,174€ | 9.0% | 7 | 619€ |
| 843 | Nedi Montenegro03675165 · Budva | <0.1% | 124,416€ | +466.1% | 699€ | 0.6% | 3 | 1,202€ |
| 844 | Nir Company03165264 · Budva | <0.1% | 124,393€ | -19.8% | -80,224€ | -64.5% | 4 | 432€ |
| 845 | MF Service03620921 · Podgorica | <0.1% | 124,150€ | -6.0% | 33,043€ | 26.6% | 0 | — |
| 846 | Bio - Pak Lečić Ortačko Društvo Lečić Ljubiša i DR02331594 · Herceg Novi | <0.1% | 123,943€ | -24.8% | 2,833€ | 2.3% | 1 | 684€ |
| 847 | Dudent03548341 · Podgorica | <0.1% | 123,679€ | +186.4% | 29,978€ | 24.2% | 5 | 1,065€ |
| 848 | Hydroline03426246 · Nikšić | <0.1% | 123,492€ | +15.2% | 1,781€ | 1.4% | 3 | 696€ |
| 849 | Brojni Laz02461676 · Rožaje | <0.1% | 123,403€ | +27.1% | 683€ | 0.6% | 6 | 571€ |
| 850 | Četvorka Co03343189 · Podgorica | <0.1% | 122,611€ | +32.6% | 1,490€ | 1.2% | 4 | 1,132€ |