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 1901–1950 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* |
|---|
| 1901 | Mizan Line03586901 · Podgorica | <0.1% | 7,303€ | +1,421.5% | -10,665€ | -146.0% | 2 | — |
| 1902 | Bella Chocoo03704505 · Berane | <0.1% | 7,275€ | -12.6% | 1,038€ | 14.3% | 1 | 320€ |
| 1903 | Dacić Prom03602052 · Rožaje | <0.1% | 7,210€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -919€ | -12.7% | 1 | 675€ |
| 1904 | R Iii-Navi03762548 · Podgorica | <0.1% | 7,176€ | No filing for 2024. | -121€ | -1.7% | 1 | 388€ |
| 1905 | Kos Company Ea03803317 · Bijelo Polje | <0.1% | 7,131€ | No filing for 2024. | -768€ | -10.8% | 1 | — |
| 1906 | Bisha03334511 · Ulcinj | <0.1% | 7,001€ | -24.3% | -12,069€ | -172.4% | 1 | 674€ |
| 1907 | Vinarija Klisić02814145 · Bar | <0.1% | 6,934€ | -46.9% | -12,349€ | -178.1% | 2 | 520€ |
| 1908 | Servis Sjekloća03583228 · Zeta | <0.1% | 6,933€ | +34.8% | 1,023€ | 14.8% | 1 | — |
| 1909 | Aragana Dream03506541 · Bar | <0.1% | 6,927€ | +134.9% | -6,813€ | -98.4% | 1 | 600€ |
| 1910 | Akam03594998 · Danilovgrad | <0.1% | 6,800€ | -12.2% | -1,335€ | -19.6% | 1 | 675€ |
| 1911 | Termogradnja03350550 · Podgorica | <0.1% | 6,755€ | -68.9% | -6,017€ | -89.1% | 1 | 675€ |
| 1912 | Montgraf02380048 · Podgorica | <0.1% | 6,753€ | -12.1% | -7,492€ | -110.9% | 1 | 678€ |
| 1913 | Linea02467194 · Herceg Novi | <0.1% | 6,753€ | -30.5% | 381€ | 5.6% | 1 | 338€ |
| 1914 | Ambar Creative Studio03719901 · Podgorica | <0.1% | 6,713€ | No filing for 2024. | 256€ | 3.8% | 0 | — |
| 1915 | Auto Klima03519538 · Bar | <0.1% | 6,694€ | +8.2% | -1,518€ | -22.7% | 1 | 674€ |
| 1916 | Deni - Gold02901978 · Ulcinj | <0.1% | 6,666€ | -16.7% | -9,561€ | -143.4% | 1 | 1,033€ |
| 1917 | Alhana03791947 · Bar | <0.1% | 6,650€ | No filing for 2024. | 147€ | 2.2% | 2 | — |
| 1918 | Giljača Company03303098 · Kotor | <0.1% | 6,631€ | -16.4% | 1,666€ | 25.1% | 1 | 338€ |
| 1919 | Miooro Regina03425975 · Podgorica | <0.1% | 6,549€ | +177.4% | 316€ | 4.8% | 1 | 480€ |
| 1920 | White Field Studio03329020 · Bijelo Polje | <0.1% | 6,531€ | +50.5% | 716€ | 11.0% | 1 | 359€ |
| 1921 | Perun & La03332535 · Podgorica | <0.1% | 6,520€ | -13.8% | 78€ | 1.2% | 1 | — |
| 1922 | J&D Gold Mne03191974 · Ulcinj | <0.1% | 6,518€ | +48.3% | -6,554€ | -100.6% | 1 | 758€ |
| 1923 | Drijen02733188 · Nikšić | <0.1% | 6,511€ | +105.5% | -945€ | -14.5% | 1 | 313€ |
| 1924 | Vješte Ruke03772837 · Berane | <0.1% | 6,510€ | No filing for 2024. | 4,913€ | 75.5% | 1 | — |
| 1925 | Madona La Sposa03259668 · Berane | <0.1% | 6,450€ | +37.5% | -2,910€ | -45.1% | 1 | 678€ |
| 1926 | Mne Decor03739287 · Danilovgrad | <0.1% | 6,420€ | No filing for 2024. | 19€ | 0.3% | 1 | 506€ |
| 1927 | Garden Gold02663163 · Nikšić | <0.1% | 6,419€ | +5.2% | -19,135€ | -298.1% | 2 | 680€ |
| 1928 | Titex Marketing02368820 · Podgorica | <0.1% | 6,360€ | 0.0% | -363€ | -5.7% | 1 | 508€ |
| 1929 | Obuća Mane03335500 · Bijelo Polje | <0.1% | 6,345€ | +8.5% | 215€ | 3.4% | 1 | — |
| 1930 | MMV Bulić03719227 · Berane | <0.1% | 6,260€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,944€ | -95.0% | 1 | 678€ |
| 1931 | Terney03282317 · Tivat | <0.1% | 6,229€ | -26.0% | -1,931€ | -31.0% | 1 | 680€ |
| 1932 | Đurašković03392015 · Podgorica | <0.1% | 6,201€ | +2,196.7% | 3,755€ | 60.6% | 1 | — |
| 1933 | MF Numero 8803773701 · Podgorica | <0.1% | 6,200€ | No filing for 2024. | -3,944€ | -63.6% | 1 | 321€ |
| 1934 | Goni Company03663108 · Ulcinj | <0.1% | 6,135€ | +1,263.3% | -8,823€ | -143.8% | 2 | 505€ |
| 1935 | Elproms NK03102238 · Nikšić | <0.1% | 6,130€ | -57.5% | -9,317€ | -152.0% | 2 | 379€ |
| 1936 | Vinarija Knjaz03161978 · Bar | <0.1% | 6,085€ | -34.5% | -1,843€ | -30.3% | 1 | — |
| 1937 | La Vista02346451 · Petnjica | <0.1% | 6,046€ | -91.4% | -21,241€ | -351.3% | 9 | — |
| 1938 | Shashko03326403 · Bar | <0.1% | 6,040€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,153€ | -35.6% | 1 | 678€ |
| 1939 | Lunil Gurman03386457 · Andrijevica | <0.1% | 6,018€ | +155.4% | -4,781€ | -79.4% | 1 | 678€ |
| 1940 | Sailsdream03494268 · Tivat | <0.1% | 6,003€ | +30.5% | -4,305€ | -71.7% | 1 | 677€ |
| 1941 | Jugovar03740625 · Nikšić | <0.1% | 6,001€ | No filing for 2024. | -4,888€ | -81.5% | 0 | — |
| 1942 | Saz Grup03549895 · Bar | <0.1% | 6,000€ | +2,900.0% | -5,643€ | -94.1% | 1 | 677€ |
| 1943 | Ela Magic03019128 · Ulcinj | <0.1% | 5,973€ | +14.2% | 771€ | 12.9% | 1 | 339€ |
| 1944 | B&V Glass03776735 · Ulcinj | <0.1% | 5,963€ | No filing for 2024. | -3,343€ | -56.1% | 0 | — |
| 1945 | Alu Sclop03801799 · Bijelo Polje | <0.1% | 5,952€ | No filing for 2024. | 4,460€ | 74.9% | 2 | — |
| 1946 | Joda International03412083 · Budva | <0.1% | 5,951€ | +595,000.0% | -6,310€ | -106.0% | 1 | 677€ |
| 1947 | Vezuna03615332 · Zeta | <0.1% | 5,950€ | +126.1% | -135€ | -2.3% | 1 | 339€ |
| 1948 | Home Art Modellina03592782 · Nikšić | <0.1% | 5,843€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,494€ | 42.7% | 1 | — |
| 1949 | Atelier Morlandi03415821 · Kotor | <0.1% | 5,784€ | -53.0% | -5,398€ | -93.3% | 1 | 677€ |
| 1950 | MM Tehnika03641902 · Bijelo Polje | <0.1% | 5,756€ | -74.9% | -2,504€ | -43.5% | 1 | 350€ |