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 1051–1100 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* |
|---|
| 1051 | Lučić&Božović02312476 · Podgorica | <0.1% | 73,813€ | -10.3% | 7,292€ | 9.9% | 3 | 678€ |
| 1052 | V.U.M Yacht Services03714896 · Herceg Novi | <0.1% | 73,784€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,573€ | 4.8% | 1 | 1,081€ |
| 1053 | Vap02979136 · Podgorica | <0.1% | 73,717€ | +15.8% | 13,679€ | 18.6% | 3 | 470€ |
| 1054 | 3a03299961 · Rožaje | <0.1% | 73,676€ | -18.0% | -23,942€ | -32.5% | 4 | 1,339€ |
| 1055 | B&R Company03654346 · Zeta | <0.1% | 73,671€ | +145.0% | 5,573€ | 7.6% | 1 | 715€ |
| 1056 | Merkur Invest NK03383695 · Budva | <0.1% | 73,591€ | -7.2% | -15,645€ | -21.3% | 5 | 583€ |
| 1057 | Ukus Trade02919184 · Nikšić | <0.1% | 73,499€ | +23.2% | -10,353€ | -14.1% | 7 | 586€ |
| 1058 | Ingenious Mne Design03741168 · Nikšić | <0.1% | 73,279€ | No filing for 2024. | -43,339€ | -59.1% | 4 | 716€ |
| 1059 | ST & Iv02440741 · Podgorica | <0.1% | 73,278€ | +19.3% | -1,446€ | -2.0% | 4 | 677€ |
| 1060 | Boka Plast02660300 · Tivat | <0.1% | 73,134€ | +32.4% | 1,840€ | 2.5% | 2 | 564€ |
| 1061 | Viktor Enterijeri03355047 · Podgorica | <0.1% | 72,821€ | +176.2% | 3,715€ | 5.1% | 3 | 740€ |
| 1062 | Fast Lift03405800 · Podgorica | <0.1% | 72,620€ | +11.1% | 1,546€ | 2.1% | 1 | 688€ |
| 1063 | Baker King03668827 · Herceg Novi | <0.1% | 72,505€ | +18.8% | -9,738€ | -13.4% | 6 | 493€ |
| 1064 | Shaptafa03743152 · Ulcinj | <0.1% | 72,338€ | No filing for 2024. | 5,408€ | 7.5% | 1 | — |
| 1065 | Monteclean Chemicals03611272 · Nikšić | <0.1% | 71,366€ | +66.4% | 714€ | 1.0% | 2 | 576€ |
| 1066 | Vaiva02688948 · Budva | <0.1% | 71,355€ | +94.8% | 570€ | 0.8% | 3 | 532€ |
| 1067 | G & J02765578 · Tivat | <0.1% | 70,981€ | +21.6% | -4,351€ | -6.1% | 3 | 665€ |
| 1068 | Agro Product03670937 · Nikšić | <0.1% | 70,935€ | +3,446.8% | 9,353€ | 13.2% | 1 | — |
| 1069 | Nimax02776154 · Podgorica | <0.1% | 70,875€ | +41.9% | -13,712€ | -19.3% | 1 | 675€ |
| 1070 | Anglian02670712 · Bar | <0.1% | 70,649€ | +63.0% | 1,862€ | 2.6% | 2 | 534€ |
| 1071 | Ig Trade02745623 · Berane | <0.1% | 70,584€ | +16.0% | 632€ | 0.9% | 3 | 817€ |
| 1072 | Staklopan02450151 · Bar | <0.1% | 70,412€ | +2.6% | 14€ | 0.0% | 2 | 1,040€ |
| 1073 | MB Bitex02767295 · Bijelo Polje | <0.1% | 69,871€ | -7.5% | 10,143€ | 14.5% | 2 | 960€ |
| 1074 | Tendita Bakery03606937 · Kotor | <0.1% | 69,391€ | +2,313.6% | 2,854€ | 4.1% | 1 | 1,396€ |
| 1075 | MS Logistics03275388 · Nikšić | <0.1% | 69,280€ | -20.8% | 1,830€ | 2.6% | 3 | — |
| 1076 | DMB Montenegro03664619 · Podgorica | <0.1% | 69,252€ | -76.8% | -82,581€ | -119.2% | 2 | 700€ |
| 1077 | Eurogroup Shipping and Trading03220664 · Budva | <0.1% | 68,864€ | +13.7% | 54,177€ | 78.7% | 1 | 683€ |
| 1078 | Libela02097753 · Podgorica | <0.1% | 68,858€ | -35.0% | 2,873€ | 4.2% | 2 | 1,420€ |
| 1079 | Vinarija Ćetković03127320 · Podgorica | <0.1% | 67,507€ | +15.2% | 9,324€ | 13.8% | 1 | 916€ |
| 1080 | Victory Dental Lab03676757 · Podgorica | <0.1% | 67,496€ | +510.3% | 29,602€ | 43.9% | 4 | 465€ |
| 1081 | Inox Design02964287 · Budva | <0.1% | 67,465€ | +144.8% | 29,772€ | 44.1% | 1 | 678€ |
| 1082 | Betonik02845032 · Nikšić | <0.1% | 67,223€ | +60.0% | 6,986€ | 10.4% | 2 | 675€ |
| 1083 | Ota03077985 · Podgorica | <0.1% | 67,177€ | -22.2% | 75€ | 0.1% | 2 | 1,385€ |
| 1084 | S-Design02738333 · Bijelo Polje | <0.1% | 67,120€ | +4.4% | 1,105€ | 1.6% | 2 | 1,717€ |
| 1085 | Marine Line03087344 · Herceg Novi | <0.1% | 67,093€ | +2.9% | 1,735€ | 2.6% | 2 | 998€ |
| 1086 | Kajzer S03105652 · Pljevlja | <0.1% | 66,893€ | -8.4% | 3,061€ | 4.6% | 4 | 660€ |
| 1087 | Tapetarija Knežević03306143 · Podgorica | <0.1% | 66,856€ | +120.5% | 17,190€ | 25.7% | 1 | 1,333€ |
| 1088 | Dis Stone03118878 · Danilovgrad | <0.1% | 66,643€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,253€ | -49.9% | 1 | 3,075€ |
| 1089 | Daris & Co02930412 · Tuzi | <0.1% | 66,179€ | -54.8% | -64,816€ | -97.9% | 4 | 1,579€ |
| 1090 | Bah Roll03675572 · Bar | <0.1% | 65,930€ | +259.4% | 6,777€ | 10.3% | 1 | 897€ |
| 1091 | Bonucci.Com03536220 · Podgorica | <0.1% | 65,805€ | +6.1% | -16,706€ | -25.4% | 6 | 718€ |
| 1092 | MN Grafokarton02709830 · Bijelo Polje | <0.1% | 65,750€ | -33.7% | -19,348€ | -29.4% | 1 | 1,698€ |
| 1093 | Aris Les02903687 · Nikšić | <0.1% | 65,569€ | -22.6% | 6,233€ | 9.5% | 1 | 1,352€ |
| 1094 | Radionica Niti Zlata03303829 · Bijelo Polje | <0.1% | 65,518€ | +90.1% | -4,034€ | -6.2% | 4 | 637€ |
| 1095 | Ssgstyle03217060 · Danilovgrad | <0.1% | 65,512€ | -24.6% | 9,943€ | 15.2% | 2 | 633€ |
| 1096 | Itaal03480046 · Podgorica | <0.1% | 65,468€ | +15.8% | 12,673€ | 19.4% | 1 | 484€ |
| 1097 | Kontekst Grupa03699714 · Podgorica | <0.1% | 65,335€ | +3,029.1% | 10,454€ | 16.0% | 2 | 942€ |
| 1098 | Captain Fish ////03478629 · Herceg Novi | <0.1% | 65,261€ | +62.9% | 12,607€ | 19.3% | 1 | 2,772€ |
| 1099 | Art On SKY Aviation03725847 · Budva | <0.1% | 65,238€ | No filing for 2024. | -2,469€ | -3.8% | 1 | 695€ |
| 1100 | Brajušković03355764 · Podgorica | <0.1% | 65,173€ | -12.1% | 15,737€ | 24.1% | 2 | 747€ |