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 1851–1900 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* |
|---|
| 1851 | Vrata Babić03209369 · Rožaje | <0.1% | 8,981€ | +2,654.9% | -9,856€ | -109.7% | 1 | 338€ |
| 1852 | Technogreen-CG02691701 · Podgorica | <0.1% | 8,970€ | -0.0% | -7,986€ | -89.0% | 1 | 689€ |
| 1853 | Ev-Doktor03727831 · Podgorica | <0.1% | 8,951€ | No filing for 2024. | 2,086€ | 23.3% | 1 | 346€ |
| 1854 | Dental-In03276295 · Pljevlja | <0.1% | 8,940€ | -21.3% | -1,519€ | -17.0% | 1 | 679€ |
| 1855 | Pro-Var03146936 · Bijelo Polje | <0.1% | 8,914€ | +50.6% | -3,044€ | -34.1% | 1 | 675€ |
| 1856 | Marine Tech Service03244415 · Bar | <0.1% | 8,894€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -406€ | -4.6% | 1 | 667€ |
| 1857 | Mang Company MG03753247 · Podgorica | <0.1% | 8,889€ | No filing for 2024. | 106€ | 1.2% | 3 | — |
| 1858 | Pejović Guitars03387984 · Cetinje | <0.1% | 8,880€ | -5.0% | 303€ | 3.4% | 1 | — |
| 1859 | Pčelarstvo Bulatović03654443 · Nikšić | <0.1% | 8,841€ | -33.1% | 29€ | 0.3% | 1 | 338€ |
| 1860 | Arte Casa03281744 · Berane | <0.1% | 8,835€ | -63.4% | -5,588€ | -63.2% | 1 | 1,193€ |
| 1861 | E&T Home03652114 · Zeta | <0.1% | 8,630€ | +222.6% | 668€ | 7.7% | 1 | — |
| 1862 | Feniks Lab03726533 · Podgorica | <0.1% | 8,540€ | No filing for 2024. | -787€ | -9.2% | 1 | 636€ |
| 1863 | Velestovac02222493 · Podgorica | <0.1% | 8,503€ | -62.6% | -9,726€ | -114.4% | 1 | 695€ |
| 1864 | Urban Mne03693171 · Bijelo Polje | <0.1% | 8,450€ | +248.5% | 480€ | 5.7% | 1 | 338€ |
| 1865 | Pejaković03094448 · Nikšić | <0.1% | 8,445€ | -30.8% | -5,590€ | -66.2% | 1 | 675€ |
| 1866 | Zipper03295818 · Podgorica | <0.1% | 8,431€ | -11.2% | -1,124€ | -13.3% | 1 | 720€ |
| 1867 | Biocil02301083 · Bijelo Polje | <0.1% | 8,423€ | +14.6% | 236€ | 2.8% | 1 | 682€ |
| 1868 | Ćipović Dental03790223 · Podgorica | <0.1% | 8,410€ | No filing for 2024. | 4,357€ | 51.8% | 1 | — |
| 1869 | Niya02925788 · Podgorica | <0.1% | 8,302€ | -81.2% | -5,729€ | -69.0% | 2 | 509€ |
| 1870 | Master Monte03607305 · Podgorica | <0.1% | 8,276€ | +73.6% | -2,437€ | -29.4% | 1 | 678€ |
| 1871 | Steel Toys Laboratory03408329 · Budva | <0.1% | 8,275€ | -35.2% | -5,038€ | -60.9% | 1 | 926€ |
| 1872 | Odido03465926 · Herceg Novi | <0.1% | 8,250€ | +42.4% | -1,082€ | -13.1% | 1 | 680€ |
| 1873 | Printer03787320 · Podgorica | <0.1% | 8,237€ | No filing for 2024. | 637€ | 7.7% | 1 | — |
| 1874 | Bers Line03431690 · Danilovgrad | <0.1% | 8,220€ | -21.9% | 19€ | 0.2% | 1 | 675€ |
| 1875 | Mliječni Kutak03454274 · Nikšić | <0.1% | 8,167€ | +3.6% | -4,015€ | -49.2% | 1 | 1,006€ |
| 1876 | In Pack Shop03600793 · Podgorica | <0.1% | 8,164€ | -19.6% | -5,817€ | -71.3% | 1 | 674€ |
| 1877 | Souvenergo03670422 · Cetinje | <0.1% | 8,128€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,929€ | -97.6% | 1 | 334€ |
| 1878 | Gegaj Metal03594777 · Tuzi | <0.1% | 8,105€ | -66.7% | -9,045€ | -111.6% | 1 | 678€ |
| 1879 | Craft Lab03302407 · Budva | <0.1% | 8,100€ | +9.0% | -417€ | -5.1% | 1 | 707€ |
| 1880 | Naves03732690 · Herceg Novi | <0.1% | 8,096€ | No filing for 2024. | -9,073€ | -112.1% | 2 | 611€ |
| 1881 | Maxi-Mes03090442 · Podgorica | <0.1% | 8,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,888€ | -48.6% | 1 | 324€ |
| 1882 | Wood Style03803503 · Rožaje | <0.1% | 8,000€ | No filing for 2024. | 7,044€ | 88.1% | 1 | — |
| 1883 | D D S02242257 · Mojkovac | <0.1% | 7,968€ | +44.8% | 158€ | 2.0% | 1 | — |
| 1884 | Mahir03731120 · Podgorica | <0.1% | 7,957€ | No filing for 2024. | -3,105€ | -39.0% | 1 | 678€ |
| 1885 | Symplico03309452 · Podgorica | <0.1% | 7,953€ | +214.3% | -7,611€ | -95.7% | 1 | 452€ |
| 1886 | Quick Ice03640884 · Kotor | <0.1% | 7,927€ | +8,611.0% | -22,723€ | -286.7% | 1 | — |
| 1887 | Stanlio & Olio03748561 · Kotor | <0.1% | 7,926€ | No filing for 2024. | -1,961€ | -24.7% | 1 | — |
| 1888 | Hills02807963 · Kolašin | <0.1% | 7,907€ | -36.5% | -7,272€ | -92.0% | 1 | — |
| 1889 | Vezičnica02708531 · Pljevlja | <0.1% | 7,903€ | -9.6% | -7,173€ | -90.8% | 1 | 677€ |
| 1890 | Ralex Print03769402 · Nikšić | <0.1% | 7,828€ | No filing for 2024. | 2,279€ | 29.1% | 1 | — |
| 1891 | Lympharm03686795 · Nikšić | <0.1% | 7,793€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,739€ | 35.1% | 1 | — |
| 1892 | Bravarija Ćetković02979080 · Podgorica | <0.1% | 7,743€ | -9.8% | -6,897€ | -89.1% | 1 | — |
| 1893 | Merkur-202303523527 · Herceg Novi | <0.1% | 7,731€ | +508.7% | -1,787€ | -23.1% | 1 | 678€ |
| 1894 | 3e Style Enterijer03553736 · Bar | <0.1% | 7,684€ | -0.9% | -14,366€ | -187.0% | 2 | 519€ |
| 1895 | Specijal Invest Company03544303 · Podgorica | <0.1% | 7,671€ | +4.5% | -2,827€ | -36.9% | 1 | 339€ |
| 1896 | Novi Horizonti02985705 · Budva | <0.1% | 7,624€ | +96.1% | -2,828€ | -37.1% | 1 | 677€ |
| 1897 | Ademola Ventures03487199 · Herceg Novi | <0.1% | 7,500€ | +70.5% | -2,159€ | -28.8% | 1 | 680€ |
| 1898 | Čevo Invest02775808 · Cetinje | <0.1% | 7,355€ | -5.5% | 43€ | 0.6% | 1 | — |
| 1899 | Metal Mont Ar03780643 · Podgorica | <0.1% | 7,317€ | No filing for 2024. | -25€ | -0.3% | 1 | — |
| 1900 | Fruit Food03653447 · Podgorica | <0.1% | 7,316€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,058€ | -55.5% | 3 | — |