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 2501–2550 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* |
|---|
| 2501 | Hanrora Company03690067 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,211€ | — | 1 | 675€ |
| 2502 | Happy Farm03732452 · Pljevlja | 0.0% | 0€ | No filing for 2024. | -13,818€ | — | 1 | 584€ |
| 2503 | Heladero03285278 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,408€ | — | 1 | 339€ |
| 2504 | Heydeck03472272 · Ulcinj | 0.0% | 0€ | -100.0% | -10,947€ | — | 1 | 677€ |
| 2505 | Yumco03525228 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,929€ | — | 1 | 681€ |
| 2506 | Imea03562603 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,021€ | — | 1 | 678€ |
| 2507 | Im Tara03800229 · Rožaje | 0.0% | 0€ | No filing for 2024. | -304€ | — | 1 | — |
| 2508 | Inca Global03434079 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 2509 | Itech Corp03809978 · Budva | 0.0% | 0€ | No filing for 2024. | -31€ | — | 1 | — |
| 2510 | Fabrika Papira Kommunar03063658 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -25,916€ | — | 3 | 678€ |
| 2511 | Jelak Com03601161 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 2512 | Jugopek - Zečević02966344 · Nikšić | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 2513 | Kajo03396134 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 2514 | Kamenolom02304163 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 2515 | Com03350231 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,355€ | — | 1 | 599€ |
| 2516 | Knjigopromet02004046 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,763€ | — | 1 | 339€ |
| 2517 | Kovana Bravarija Vešović03245241 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 674€ |
| 2518 | KPC Shipping and Trading03220451 · Budva | 0.0% | 0€ | -100.0% | -9,275€ | — | 1 | 683€ |
| 2519 | Kula Radovića03077357 · Cetinje | 0.0% | 0€ | No filing for 2024. | -4,051€ | — | 0 | — |
| 2520 | LS-99003229327 · Rožaje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 2521 | Luge02381265 · Berane | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 2522 | Magic Cake03285065 · Budva | 0.0% | 0€ | -100.0% | -8,123€ | — | 1 | 675€ |
| 2523 | Majo Design03490432 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,739€ | — | 1 | 678€ |
| 2524 | Maniro02982315 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,182€ | — | 1 | 678€ |
| 2525 | Marineluxxx03793753 · Herceg Novi | 0.0% | 0€ | No filing for 2024. | -677€ | — | 1 | — |
| 2526 | Maroši02230275 · Podgorica | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 2527 | Maximoris03256197 · Podgorica | 0.0% | 0€ | -100.0% | -9,006€ | — | 1 | 678€ |
| 2528 | MBS Pharma03314723 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,058€ | — | 1 | — |
| 2529 | Metker Steel LTD03351971 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,771€ | — | 1 | 678€ |
| 2530 | Metsol03023672 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,075€ | — | 1 | 930€ |
| 2531 | Mljekara Kostić03788369 · Nikšić | 0.0% | 0€ | No filing for 2024. | -2,824€ | — | 0 | — |
| 2532 | Moda Art02870452 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,736€ | — | 2 | 606€ |
| 2533 | Mont Business System02888947 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,999€ | — | 1 | 338€ |
| 2534 | Montedar02706814 · Danilovgrad | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 2535 | Montenegro Armour Group - Mag03150941 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,030€ | — | 1 | — |
| 2536 | Montenegro Bio Science03113663 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,810€ | — | 1 | — |
| 2537 | Montenegro Yacht Rigging and Services03469905 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,639€ | — | 1 | 677€ |
| 2538 | Monteship Marine Crewing03604152 · Tivat | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,195€ | — | 1 | 678€ |
| 2539 | M & S Company02367009 · Berane | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 2540 | N-2 Production03763013 · Bijelo Polje | 0.0% | 0€ | No filing for 2024. | -6,125€ | — | 1 | 396€ |
| 2541 | Namještaj Babić03388867 · Rožaje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 2542 | Nanospek03617408 · Budva | 0.0% | 0€ | -100.0% | -27,978€ | — | 1 | 928€ |
| 2543 | Nature Technology03273067 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,956€ | — | 3 | 419€ |
| 2544 | Ndora Montenegro03587657 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,138€ | — | 1 | 928€ |
| 2545 | Nerpa Studio Editing03460479 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,045€ | — | 1 | 670€ |
| 2546 | Novakrono Group03781658 · Budva | 0.0% | 0€ | No filing for 2024. | -2,251€ | — | 1 | — |
| 2547 | Novi Duvanski Kombinat02860864 · Podgorica | 0.0% | 0€ | -100.0% | -154,516€ | — | 2 | 2,766€ |
| 2548 | Novi Monteživ03071839 · Nikšić | 0.0% | 0€ | -100.0% | -18,749€ | — | 1 | — |
| 2549 | Omorika Wood Pro03101436 · Nikšić | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,078€ | — | 1 | 840€ |
| 2550 | Op Design03156044 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,420€ | — | 1 | 339€ |