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 1001–1050 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* |
|---|
| 1001 | Novatex03239748 · Podgorica | <0.1% | 85,440€ | +8.8% | 18,048€ | 21.1% | 1 | 675€ |
| 1002 | 3D Soba03753611 · Podgorica | <0.1% | 85,209€ | No filing for 2024. | 22,428€ | 26.3% | 2 | 640€ |
| 1003 | Colourland02734613 · Bar | <0.1% | 85,127€ | -7.2% | 3,530€ | 4.1% | 4 | 634€ |
| 1004 | Ex-Ponto Group03074129 · Bijelo Polje | <0.1% | 85,031€ | +48.7% | 2,770€ | 3.3% | 6 | 695€ |
| 1005 | Jahir Pek03724310 · Herceg Novi | <0.1% | 84,984€ | No filing for 2024. | 4,710€ | 5.5% | 5 | 662€ |
| 1006 | S-Frigo02929457 · Herceg Novi | <0.1% | 84,573€ | +23.8% | 9,111€ | 10.8% | 4 | 957€ |
| 1007 | Džesko DŽH03089657 · Kolašin | <0.1% | 84,536€ | +62.3% | 189€ | 0.2% | 3 | 808€ |
| 1008 | QM203566889 · Podgorica | <0.1% | 84,159€ | -20.1% | -59,021€ | -70.1% | 2 | 2,848€ |
| 1009 | Frigo Andrijašević03688828 · Podgorica | <0.1% | 84,015€ | +290.3% | 3,149€ | 3.7% | 1 | 1,992€ |
| 1010 | Olando03065758 · Podgorica | <0.1% | 83,939€ | +15.6% | 11,132€ | 13.3% | 1 | 1,478€ |
| 1011 | Uptt03686175 · Tivat | <0.1% | 83,889€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -392€ | -0.5% | 2 | 2,494€ |
| 1012 | Enel Group02910276 · Rožaje | <0.1% | 83,749€ | -18.1% | 1,361€ | 1.6% | 2 | 572€ |
| 1013 | Farma - Lipa02950162 · Bijelo Polje | <0.1% | 83,354€ | +28.9% | -5,800€ | -7.0% | 3 | 620€ |
| 1014 | Frezer02707152 · Podgorica | <0.1% | 83,234€ | -4.6% | 17,750€ | 21.3% | 1 | 679€ |
| 1015 | Imw Company03758770 · Podgorica | <0.1% | 83,192€ | No filing for 2024. | -55,692€ | -66.9% | 4 | 927€ |
| 1016 | Paunovic & Co03160432 · Podgorica | <0.1% | 83,159€ | -30.8% | -46,603€ | -56.0% | 1 | 1,637€ |
| 1017 | Ajša02787644 · Rožaje | <0.1% | 82,995€ | -41.7% | 479€ | 0.6% | 5 | 547€ |
| 1018 | Perper - Denčić03391531 · Cetinje | <0.1% | 82,552€ | -37.5% | 924€ | 1.1% | 2 | 903€ |
| 1019 | Montenegro Glass03249131 · Podgorica | <0.1% | 82,315€ | +4.7% | 2,562€ | 3.1% | 3 | 675€ |
| 1020 | Tendamont Montenegro03634647 · Bijelo Polje | <0.1% | 81,615€ | +157.9% | 7,895€ | 9.7% | 2 | 696€ |
| 1021 | Eleven-N02983362 · Nikšić | <0.1% | 81,414€ | +26.5% | 263€ | 0.3% | 5 | 766€ |
| 1022 | Papić02366576 · Pljevlja | <0.1% | 81,262€ | +19.8% | -9,723€ | -12.0% | 4 | 742€ |
| 1023 | Diva Star03412741 · Budva | <0.1% | 81,025€ | +692.7% | 18,706€ | 23.1% | 1 | 783€ |
| 1024 | Savremeni Biro02339773 · Podgorica | <0.1% | 80,559€ | -33.1% | 753€ | 0.9% | 4 | 1,026€ |
| 1025 | Hidraulika Petković03165051 · Tivat | <0.1% | 80,358€ | +44.8% | 5,151€ | 6.4% | 2 | 826€ |
| 1026 | Svim - Stil02421771 · Podgorica | <0.1% | 80,157€ | +110.4% | 10,111€ | 12.6% | 1 | 675€ |
| 1027 | Nik-Plastik03103030 · Nikšić | <0.1% | 80,139€ | -5.0% | -4,982€ | -6.2% | 1 | 829€ |
| 1028 | Steel Solutions03431509 · Nikšić | <0.1% | 80,070€ | -8.7% | 524€ | 0.7% | 1 | 2,162€ |
| 1029 | Ani02692724 · Tivat | <0.1% | 80,005€ | +6.3% | 7,367€ | 9.2% | 2 | 1,224€ |
| 1030 | Krusa Mont02973103 · Podgorica | <0.1% | 79,920€ | -26.8% | 455€ | 0.6% | 2 | 678€ |
| 1031 | Metal Bau03055221 · Pljevlja | <0.1% | 79,201€ | -12.7% | -17,984€ | -22.7% | 7 | 682€ |
| 1032 | In-Monte03074722 · Kolašin | <0.1% | 78,909€ | +2.0% | -6,503€ | -8.2% | 1 | 339€ |
| 1033 | Saz Commerc02254018 · Tivat | <0.1% | 78,364€ | +25.0% | 2,215€ | 2.8% | 1 | 694€ |
| 1034 | Pab - Plast02699150 · Nikšić | <0.1% | 78,322€ | +19.9% | -562€ | -0.7% | 1 | 675€ |
| 1035 | Papirni Zmaj03446425 · Podgorica | <0.1% | 78,214€ | +7.3% | -10,249€ | -13.1% | 2 | 1,364€ |
| 1036 | Tiflomont02985152 · Nikšić | <0.1% | 78,112€ | +5.6% | 11,522€ | 14.8% | 2 | 1,272€ |
| 1037 | Euro Art03439119 · Podgorica | <0.1% | 77,683€ | -40.1% | 428€ | 0.6% | 3 | 665€ |
| 1038 | Picolo Print03579417 · Podgorica | <0.1% | 77,655€ | +115.4% | -2,596€ | -3.3% | 4 | 417€ |
| 1039 | Nik Home03407918 · Nikšić | <0.1% | 77,581€ | No filing for 2024. | 20,707€ | 26.7% | 3 | 1,057€ |
| 1040 | Monte Art Tech03551245 · Cetinje | <0.1% | 77,213€ | +12.9% | 45,683€ | 59.2% | 1 | 2,274€ |
| 1041 | Huracan03278999 · Tuzi | <0.1% | 76,064€ | +331.3% | 3,336€ | 4.4% | 3 | 806€ |
| 1042 | Spectar02874415 · Rožaje | <0.1% | 76,049€ | -16.9% | 5,695€ | 7.5% | 2 | 562€ |
| 1043 | Ćirović-J03096092 · Pljevlja | <0.1% | 75,260€ | -2.7% | -16,015€ | -21.3% | 2 | 708€ |
| 1044 | Limbra02440008 · Herceg Novi | <0.1% | 75,247€ | +25.2% | 12,416€ | 16.5% | 2 | 670€ |
| 1045 | Euroflex Plus02877511 · Ulcinj | <0.1% | 75,230€ | -25.3% | -12,819€ | -17.0% | 4 | 861€ |
| 1046 | Bulevar Company03129110 · Bar | <0.1% | 75,160€ | -2.1% | 10€ | 0.0% | 3 | 795€ |
| 1047 | Mega Ii02901170 · Pljevlja | <0.1% | 75,023€ | +3.9% | -4,868€ | -6.5% | 4 | 513€ |
| 1048 | Braća Ramović02767457 · Rožaje | <0.1% | 74,869€ | +414.1% | 13,068€ | 17.5% | 5 | 675€ |
| 1049 | Duga Design02838303 · Podgorica | <0.1% | 74,868€ | -10.7% | -3,520€ | -4.7% | 2 | 619€ |
| 1050 | Green Produkt03405915 · Podgorica | <0.1% | 73,903€ | -6.5% | -4,877€ | -6.6% | 1 | 675€ |