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 1151–1200 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* |
|---|
| 1151 | GL Distribucija CG02787458 · Podgorica | <0.1% | 57,300€ | -28.1% | 8,409€ | 14.7% | 1 | 1,064€ |
| 1152 | Aluglass03060390 · Tuzi | <0.1% | 57,295€ | +0.6% | 1,557€ | 2.7% | 1 | 694€ |
| 1153 | Carved Montenegro03546306 · Herceg Novi | <0.1% | 57,196€ | +6.9% | 6,339€ | 11.1% | 2 | — |
| 1154 | Rocoto03676790 · Podgorica | <0.1% | 57,195€ | +7,910.5% | 677€ | 1.2% | 2 | 509€ |
| 1155 | Limex Team03302008 · Bar | <0.1% | 56,852€ | +69.6% | -16,035€ | -28.2% | 6 | 609€ |
| 1156 | Elamont02320487 · Herceg Novi | <0.1% | 56,724€ | +26.1% | -36,734€ | -64.8% | 1 | 2,283€ |
| 1157 | Senzal02134063 · Bijelo Polje | <0.1% | 56,700€ | -76.5% | -24,557€ | -43.3% | 4 | 1,349€ |
| 1158 | Alu SD03084680 · Tivat | <0.1% | 56,536€ | +9.7% | 2,210€ | 3.9% | 2 | — |
| 1159 | Mirror DG03285766 · Danilovgrad | <0.1% | 56,354€ | -14.6% | 1,770€ | 3.1% | 1 | 677€ |
| 1160 | Print-Lab Mne03669157 · Podgorica | <0.1% | 56,298€ | +171.1% | 875€ | 1.6% | 1 | 2,336€ |
| 1161 | Freška Pasta03339033 · Budva | <0.1% | 56,074€ | +48.4% | 19,689€ | 35.1% | 1 | 1,276€ |
| 1162 | MT2 Company03651096 · Berane | <0.1% | 56,056€ | +146.5% | 3,870€ | 6.9% | 2 | 2,019€ |
| 1163 | Izgradnja GP02758598 · Berane | <0.1% | 56,000€ | -8.8% | -11,929€ | -21.3% | 1 | 375€ |
| 1164 | Mmaw 201803224619 · Pljevlja | <0.1% | 55,991€ | +1.6% | 5,817€ | 10.4% | 3 | — |
| 1165 | Mi-Mne03155072 · Rožaje | <0.1% | 55,967€ | +44.3% | 9,126€ | 16.3% | 3 | 793€ |
| 1166 | Artwork LTD03649806 · Bar | <0.1% | 55,637€ | +379.9% | 27,167€ | 48.8% | 2 | 421€ |
| 1167 | Novović03169880 · Podgorica | <0.1% | 55,560€ | -79.3% | -6,777€ | -12.2% | 1 | 879€ |
| 1168 | Different Service03424294 · Podgorica | <0.1% | 55,493€ | +20.6% | 4,501€ | 8.1% | 1 | 1,954€ |
| 1169 | Grafički Studio Krug02422832 · Bar | <0.1% | 55,447€ | +0.4% | 3,969€ | 7.2% | 2 | 1,174€ |
| 1170 | Nice Window03294323 · Bar | <0.1% | 55,392€ | +163.9% | 8,380€ | 15.1% | 3 | 482€ |
| 1171 | Nikaljević03001628 · Kotor | <0.1% | 55,296€ | -2.1% | 9,355€ | 16.9% | 2 | 523€ |
| 1172 | Art Steel Design03385914 · Danilovgrad | <0.1% | 55,152€ | -8.7% | 10,776€ | 19.5% | 1 | 1,198€ |
| 1173 | Dominans03583082 · Podgorica | <0.1% | 54,432€ | -7.3% | 2,801€ | 5.1% | 2 | 987€ |
| 1174 | Jeligo Invest Company03123332 · Danilovgrad | <0.1% | 54,367€ | +202.1% | -22,661€ | -41.7% | 4 | 674€ |
| 1175 | Einrichtungskoncepte03409546 · Bar | <0.1% | 54,240€ | -69.2% | 6,940€ | 12.8% | 1 | 678€ |
| 1176 | Aspida02169410 · Podgorica | <0.1% | 54,088€ | +25.7% | 2,569€ | 4.7% | 2 | 434€ |
| 1177 | Decart Mne03563260 · Bijelo Polje | <0.1% | 54,070€ | -15.4% | 745€ | 1.4% | 3 | 751€ |
| 1178 | Monte Bambola02461404 · Budva | <0.1% | 54,033€ | +45.5% | 7,777€ | 14.4% | 2 | 681€ |
| 1179 | Rey Gold02127709 · Nikšić | <0.1% | 53,922€ | -8.3% | 3,078€ | 5.7% | 3 | 590€ |
| 1180 | Vargo Metal03607453 · Podgorica | <0.1% | 53,877€ | +48.5% | 640€ | 1.2% | 2 | 718€ |
| 1181 | Apolon Trade03202216 · Podgorica | <0.1% | 53,844€ | +10.3% | 2,370€ | 4.4% | 2 | 686€ |
| 1182 | G.G. Almont03276015 · Podgorica | <0.1% | 53,624€ | +67.5% | 6,656€ | 12.4% | 2 | 1,087€ |
| 1183 | N.B. Vujović03193969 · Berane | <0.1% | 53,525€ | -1.0% | 1,476€ | 2.8% | 3 | 600€ |
| 1184 | Moric03001130 · Herceg Novi | <0.1% | 53,483€ | +12.7% | 18,088€ | 33.8% | 1 | 1,132€ |
| 1185 | Poslastičarnica Išler03390632 · Tuzi | <0.1% | 53,431€ | +45.0% | -3,721€ | -7.0% | 4 | 431€ |
| 1186 | Nikšićki Mlin 195103369200 · Nikšić | <0.1% | 52,665€ | -31.5% | -115,376€ | -219.1% | 2 | 1,550€ |
| 1187 | Totem02961997 · Podgorica | <0.1% | 52,514€ | -21.6% | 457€ | 0.9% | 1 | 1,200€ |
| 1188 | Emar03063275 · Bijelo Polje | <0.1% | 52,483€ | -78.0% | -40,117€ | -76.4% | 2 | 799€ |
| 1189 | Blackmountainproduction03358402 · Bar | <0.1% | 52,198€ | +1,045.2% | 14,668€ | 28.1% | 1 | 678€ |
| 1190 | JK Services03610691 · Bar | <0.1% | 51,994€ | +3.5% | 29,164€ | 56.1% | 1 | 1,290€ |
| 1191 | Sklender03366600 · Budva | <0.1% | 51,966€ | -57.4% | -114,523€ | -220.4% | 6 | 691€ |
| 1192 | D&M Ključ Montenegro03348300 · Podgorica | <0.1% | 51,908€ | +113.2% | -1,328€ | -2.6% | 1 | 361€ |
| 1193 | Cikotići03335445 · Podgorica | <0.1% | 51,852€ | +20.5% | 3,136€ | 6.0% | 2 | 411€ |
| 1194 | Moki Cranes03255107 · Kolašin | <0.1% | 51,730€ | +38.8% | 99€ | 0.2% | 3 | — |
| 1195 | Master Print03731898 · Podgorica | <0.1% | 51,347€ | No filing for 2024. | 7,726€ | 15.0% | 1 | 738€ |
| 1196 | Credere03321398 · Podgorica | <0.1% | 51,234€ | +99.6% | 1,946€ | 3.8% | 1 | — |
| 1197 | Božja Voda02395789 · Cetinje | <0.1% | 51,188€ | -8.2% | -520,047€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 3,869€ |
| 1198 | Eding02856310 · Pljevlja | <0.1% | 51,165€ | +31.9% | 23,082€ | 45.1% | 1 | 676€ |
| 1199 | Zlatara Glasnović02907160 · Kotor | <0.1% | 50,801€ | -6.6% | 22,517€ | 44.3% | 2 | 338€ |
| 1200 | Ible Group03160653 · Podgorica | <0.1% | 50,595€ | +197.4% | 12,582€ | 24.9% | 1 | 808€ |