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 1951–2000 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* |
|---|
| 1951 | Vlanex02920956 · Herceg Novi | <0.1% | 5,750€ | -82.2% | -10,961€ | -190.6% | 1 | 513€ |
| 1952 | Naš Sokić03385922 · Bijelo Polje | <0.1% | 5,690€ | +6.4% | -20,414€ | -358.8% | 1 | 844€ |
| 1953 | Gir Ugostiteljstvo i Turizam03707946 · Rožaje | <0.1% | 5,660€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 326€ | 5.8% | 1 | 401€ |
| 1954 | Kristinin Šareni Kutak03451895 · Bar | <0.1% | 5,565€ | +17.2% | -582€ | -10.5% | 1 | — |
| 1955 | Di Innovative Management and Services03667642 · Podgorica | <0.1% | 5,552€ | No filing for 2024. | -11,971€ | -215.6% | 1 | 1,110€ |
| 1956 | Monte Art03078051 · Danilovgrad | <0.1% | 5,547€ | -53.8% | -8,611€ | -155.2% | 2 | 513€ |
| 1957 | Adriatic Creatives03528880 · Kotor | <0.1% | 5,540€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,361€ | -259.2% | 1 | 1,434€ |
| 1958 | Oleanova Tourism03162311 · Podgorica | <0.1% | 5,500€ | -60.7% | -3,939€ | -71.6% | 1 | 683€ |
| 1959 | BK Prom03647412 · Rožaje | <0.1% | 5,485€ | +306.3% | -3,597€ | -65.6% | 1 | 679€ |
| 1960 | Dance Planet03444791 · Bar | <0.1% | 5,485€ | +1,271.3% | -2,687€ | -49.0% | 1 | 675€ |
| 1961 | Nueno03574733 · Podgorica | <0.1% | 5,388€ | +80.2% | -15,292€ | -283.8% | 1 | 1,356€ |
| 1962 | Marijela Design03418120 · Danilovgrad | <0.1% | 5,382€ | -6.2% | 715€ | 13.3% | 1 | 338€ |
| 1963 | B Team03543994 · Berane | <0.1% | 5,261€ | -20.7% | -4,505€ | -85.6% | 1 | 424€ |
| 1964 | Sailing Club Spektrum03329224 · Podgorica | <0.1% | 5,234€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,864€ | -131.1% | 1 | 1,005€ |
| 1965 | Artmanija03727467 · Bijelo Polje | <0.1% | 5,222€ | No filing for 2024. | 76€ | 1.5% | 1 | 374€ |
| 1966 | Aluexpert03744370 · Kotor | <0.1% | 5,179€ | No filing for 2024. | -2,267€ | -43.8% | 1 | 525€ |
| 1967 | Društvo za Proizvodnju Promet i Usluge Export-Import Sfinga-Rent03116000 · Podgorica | <0.1% | 5,157€ | +3.3% | -4,795€ | -93.0% | 1 | 677€ |
| 1968 | Petit Paris03244750 · Podgorica | <0.1% | 5,154€ | -59.8% | -2,431€ | -47.2% | 1 | 338€ |
| 1969 | Hefesto03615618 · Bar | <0.1% | 5,030€ | -72.0% | -5,109€ | -101.6% | 1 | 339€ |
| 1970 | Geo-Mak03598560 · Podgorica | <0.1% | 5,008€ | +573.1% | -8,120€ | -162.1% | 1 | 696€ |
| 1971 | Burgaj03795349 · Podgorica | <0.1% | 5,005€ | No filing for 2024. | 1,480€ | 29.6% | 2 | — |
| 1972 | Mak Mne03619559 · Herceg Novi | <0.1% | 5,000€ | +506.1% | -7,538€ | -150.8% | 1 | 636€ |
| 1973 | Balkanwind LTD03501833 · Bar | <0.1% | 4,956€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,479€ | -130.7% | 1 | 555€ |
| 1974 | JS-Gama03013260 · Nikšić | <0.1% | 4,955€ | -41.6% | 146€ | 2.9% | 1 | — |
| 1975 | Papa Beer03192890 · Bar | <0.1% | 4,938€ | -39.4% | -7,143€ | -144.7% | 1 | 677€ |
| 1976 | Bilsen Tex02779641 · Bijelo Polje | <0.1% | 4,936€ | -34.4% | -30,525€ | -618.4% | 4 | 675€ |
| 1977 | Kolanbur03456293 · Bar | <0.1% | 4,920€ | -22.2% | -26,062€ | -529.7% | 1 | 339€ |
| 1978 | Offset Centar03731219 · Podgorica | <0.1% | 4,911€ | No filing for 2024. | -2,304€ | -46.9% | 1 | — |
| 1979 | Yacht Master Services03637379 · Tivat | <0.1% | 4,848€ | -65.7% | -19,863€ | -409.7% | 1 | — |
| 1980 | Stiker PG03806561 · Podgorica | <0.1% | 4,820€ | No filing for 2024. | 3,355€ | 69.6% | 1 | — |
| 1981 | Fantasia Group03548481 · Kotor | <0.1% | 4,804€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,465€ | -301.1% | 2 | 677€ |
| 1982 | Herbs & Clay03173747 · Nikšić | <0.1% | 4,775€ | -44.9% | 1,292€ | 27.1% | 1 | — |
| 1983 | Nica Ruštulica03619575 · Bar | <0.1% | 4,730€ | -41.8% | -722€ | -15.3% | 1 | — |
| 1984 | Maxannov03159892 · Bar | <0.1% | 4,655€ | -16.7% | -3,563€ | -76.5% | 1 | 677€ |
| 1985 | Studio Mariche03005780 · Herceg Novi | <0.1% | 4,565€ | -55.1% | -5,292€ | -115.9% | 1 | 504€ |
| 1986 | Domaća Pasta Biljana03767507 · Tivat | <0.1% | 4,470€ | No filing for 2024. | -3,964€ | -88.7% | 2 | 320€ |
| 1987 | Pletent03040968 · Bar | <0.1% | 4,352€ | -11.5% | -4,886€ | -112.3% | 1 | 510€ |
| 1988 | Klimaterm02437864 · Berane | <0.1% | 4,283€ | -81.0% | -2,550€ | -59.5% | 1 | 333€ |
| 1989 | Kiki Cake03780392 · Podgorica | <0.1% | 4,265€ | No filing for 2024. | -2,560€ | -60.0% | 1 | 472€ |
| 1990 | Alex Custom Furniture03759326 · Podgorica | <0.1% | 4,255€ | No filing for 2024. | -1,558€ | -36.6% | 0 | — |
| 1991 | Tvrdi03787818 · Bijelo Polje | <0.1% | 4,186€ | No filing for 2024. | 359€ | 8.6% | 1 | 312€ |
| 1992 | MM Ribbon03686809 · Bijelo Polje | <0.1% | 4,140€ | No filing for 2024. | 0€ | 0.0% | 0 | — |
| 1993 | Et Motors Technology03589650 · Podgorica | <0.1% | 4,132€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -71,737€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 5 | 534€ |
| 1994 | Lejla Group03773671 · Bijelo Polje | <0.1% | 4,094€ | No filing for 2024. | -3,284€ | -80.2% | 1 | 560€ |
| 1995 | Goreina Ceramics03528197 · Budva | <0.1% | 4,058€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,994€ | -369.5% | 1 | 948€ |
| 1996 | Ećo Wood03738523 · Bijelo Polje | <0.1% | 4,000€ | No filing for 2024. | -2,450€ | -61.3% | 1 | 497€ |
| 1997 | Welding Pro03508595 · Podgorica | <0.1% | 4,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,606€ | -215.2% | 1 | 927€ |
| 1998 | MV Inox02983575 · Podgorica | <0.1% | 3,946€ | -87.7% | -18,030€ | -456.9% | 1 | 338€ |
| 1999 | RD Metaloprerada03328708 · Nikšić | <0.1% | 3,840€ | -72.4% | -6,455€ | -168.1% | 1 | 670€ |
| 2000 | Modni Atelje Pavlović03298914 · Podgorica | <0.1% | 3,785€ | -3.7% | -9,787€ | -258.6% | 1 | 678€ |