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 1251–1300 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* |
|---|
| 1251 | Nanotronic02732971 · Pljevlja | <0.1% | 42,914€ | -46.3% | 1,042€ | 2.4% | 2 | 962€ |
| 1252 | Brvnare Bor03742466 · Rožaje | <0.1% | 42,892€ | No filing for 2024. | -6,346€ | -14.8% | 2 | 467€ |
| 1253 | Uniart03651835 · Kotor | <0.1% | 42,845€ | +33.2% | 1,927€ | 4.5% | 2 | 831€ |
| 1254 | A&D Capital03713644 · Zeta | <0.1% | 42,823€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,102€ | 4.9% | 2 | 678€ |
| 1255 | Baš Metali03268691 · Nikšić | <0.1% | 42,696€ | -45.8% | -180,308€ | -422.3% | 1 | — |
| 1256 | Green Leaf02848074 · Bar | <0.1% | 42,620€ | +21.1% | 2,621€ | 6.1% | 0 | — |
| 1257 | Mari Pastry03592936 · Budva | <0.1% | 42,513€ | +266.7% | -6,695€ | -15.7% | 1 | 1,667€ |
| 1258 | Luna Lift DMS02991705 · Podgorica | <0.1% | 42,384€ | -9.2% | 294€ | 0.7% | 2 | — |
| 1259 | Dendro Group03555216 · Rožaje | <0.1% | 42,240€ | +21.1% | -7,363€ | -17.4% | 2 | 1,032€ |
| 1260 | Objekta Stone Factory03748367 · Tivat | <0.1% | 42,159€ | No filing for 2024. | 2,106€ | 5.0% | 2 | 686€ |
| 1261 | ALU&PVC Bravarija First Class03720438 · Ulcinj | <0.1% | 42,149€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 369€ | 0.9% | 1 | 1,842€ |
| 1262 | Samah03381366 · Podgorica | <0.1% | 42,008€ | +73.6% | -2,503€ | -6.0% | 3 | 716€ |
| 1263 | Hydroinn03618315 · Budva | <0.1% | 42,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,820€ | 28.1% | 1 | 2,233€ |
| 1264 | Studio NR03688321 · Rožaje | <0.1% | 41,890€ | +584.4% | 10,409€ | 24.8% | 2 | 755€ |
| 1265 | Đuka Welding03360016 · Nikšić | <0.1% | 41,850€ | +39.7% | 5,035€ | 12.0% | 2 | 1,186€ |
| 1266 | Sterilite Steel World03656403 · Rožaje | <0.1% | 41,847€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,426€ | -3.4% | 1 | 619€ |
| 1267 | VRM Montecarne02755823 · Zeta | <0.1% | 41,678€ | -93.1% | -80,315€ | -192.7% | 2 | 1,730€ |
| 1268 | Fizz03463877 · Podgorica | <0.1% | 41,576€ | -58.0% | 4,553€ | 11.0% | 2 | 598€ |
| 1269 | Selen02462591 · Rožaje | <0.1% | 41,546€ | +29.6% | 7,947€ | 19.1% | 1 | 625€ |
| 1270 | Eri Bela Pek03744795 · Herceg Novi | <0.1% | 41,505€ | No filing for 2024. | -21,257€ | -51.2% | 5 | 721€ |
| 1271 | Eagle Stone03274055 · Budva | <0.1% | 41,485€ | +88.5% | 3,607€ | 8.7% | 1 | — |
| 1272 | Bbsail03468925 · Tivat | <0.1% | 41,413€ | -22.4% | 3,459€ | 8.4% | 1 | 1,604€ |
| 1273 | Italrol02760304 · Podgorica | <0.1% | 41,380€ | -28.1% | 1,618€ | 3.9% | 2 | 678€ |
| 1274 | Viir02680521 · Cetinje | <0.1% | 41,322€ | +48.7% | 1,859€ | 4.5% | 1 | — |
| 1275 | Remark02097982 · Podgorica | <0.1% | 41,300€ | +53.6% | -5,137€ | -12.4% | 2 | 754€ |
| 1276 | Vuković A&S03162940 · Berane | <0.1% | 41,184€ | -40.8% | -11,666€ | -28.3% | 3 | 976€ |
| 1277 | Slatko Ćoše - Fontana03139972 · Nikšić | <0.1% | 41,121€ | +8.7% | -1,976€ | -4.8% | 5 | 608€ |
| 1278 | Borilović Company02873869 · Cetinje | <0.1% | 41,054€ | -48.0% | 992€ | 2.4% | 6 | — |
| 1279 | Metal-Finish02619873 · Podgorica | <0.1% | 40,928€ | -25.3% | 380€ | 0.9% | 1 | 732€ |
| 1280 | Pro Enterijer03665593 · Podgorica | <0.1% | 40,807€ | -72.9% | 1,555€ | 3.8% | 2 | 675€ |
| 1281 | Vortex Tim03132790 · Bijelo Polje | <0.1% | 40,797€ | +6.5% | 9,467€ | 23.2% | 1 | 1,545€ |
| 1282 | 3-F Commerce02191725 · Plav | <0.1% | 40,697€ | -27.3% | -1,552€ | -3.8% | 1 | 992€ |
| 1283 | Meli Montenegro03081621 · Nikšić | <0.1% | 40,661€ | -28.6% | 147€ | 0.4% | 3 | 675€ |
| 1284 | Lav Enterijer03731871 · Podgorica | <0.1% | 40,540€ | No filing for 2024. | -974€ | -2.4% | 1 | 883€ |
| 1285 | Drvorez Company03331024 · Rožaje | <0.1% | 40,525€ | -42.0% | -13,397€ | -33.1% | 3 | 893€ |
| 1286 | Ag Tex03135039 · Berane | <0.1% | 40,259€ | +8.2% | 90€ | 0.2% | 3 | 887€ |
| 1287 | Selekt03538745 · Podgorica | <0.1% | 39,869€ | +9.2% | 3,592€ | 9.0% | 1 | 2,088€ |
| 1288 | Alu Fab03724492 · Podgorica | <0.1% | 39,864€ | No filing for 2024. | 1,923€ | 4.8% | 2 | 571€ |
| 1289 | MCC-Framework03707628 · Budva | <0.1% | 39,652€ | No filing for 2024. | -3,743€ | -9.4% | 1 | 613€ |
| 1290 | Tunik03116689 · Nikšić | <0.1% | 39,642€ | +14.7% | -9,334€ | -23.5% | 2 | 695€ |
| 1291 | Toskana 203101045 · Bar | <0.1% | 39,641€ | -6.7% | 965€ | 2.4% | 3 | 885€ |
| 1292 | Antep Baklava03245586 · Ulcinj | <0.1% | 39,503€ | -55.3% | -20,848€ | -52.8% | 3 | 828€ |
| 1293 | Wine Story03126552 · Bar | <0.1% | 39,221€ | +44.3% | 652€ | 1.7% | 1 | 687€ |
| 1294 | Pekara Kod Tiganja03278484 · Rožaje | <0.1% | 38,977€ | +6.0% | -8,727€ | -22.4% | 3 | 805€ |
| 1295 | Vulanović PVC i Alu03734161 · Nikšić | <0.1% | 38,866€ | No filing for 2024. | -4,791€ | -12.3% | 1 | 1,071€ |
| 1296 | VG Company03250377 · Berane | <0.1% | 38,862€ | -10.0% | -32,230€ | -82.9% | 1 | 2,260€ |
| 1297 | Šđonikop02076152 · Herceg Novi | <0.1% | 38,828€ | -42.8% | 5,269€ | 13.6% | 2 | 550€ |
| 1298 | North Port03670074 · Nikšić | <0.1% | 38,775€ | +929.1% | -10,172€ | -26.2% | 4 | 689€ |
| 1299 | Gold Granit M & R02701545 · Ulcinj | <0.1% | 38,703€ | -32.3% | 865€ | 2.2% | 2 | 801€ |
| 1300 | Seid Company03286746 · Bijelo Polje | <0.1% | 38,534€ | +417.7% | 3,831€ | 9.9% | 3 | 927€ |