Revenue
6.7% of sector revenue
282 companies earned 95.71m€ in 2025, 6.7% of Manufacturing sector revenue. Revenue has grown 2.7× since 2015.
6.7% of sector revenue
65 with at most one employee
Largest employer: Svaki Dan (115)
Median company 1.2% · 51% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 101–150 of 282
* 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 39 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 35,855,486€ | 166 |
| 2016 | 38,982,028€ | 177 |
| 2017 | 40,666,755€ | 198 |
| 2018 | 42,615,417€ | 201 |
| 2019 | 41,462,722€ | 210 |
| 2020 | 37,669,760€ | 220 |
| 2021 | 45,608,006€ | 240 |
| 2022 | 67,405,767€ | 243 |
| 2023 | 78,276,140€ | 267 |
| 2024 | 86,549,581€ | 278 |
| 2025 (Preliminary) | 95,712,178€ | 282 |
Employees and payroll cost per employee per month*
0.1% |
| 135,453€ |
| +94.1% |
| -6,246€ |
| -4.6% |
| 8 |
| 488€ |
| 103 | Bar - Pek02986175 · Bar | 0.1% | 133,971€ | -11.5% | 1,475€ | 1.1% | 7 | 681€ |
| 104 | Leart02379481 · Herceg Novi | 0.1% | 132,503€ | +41.6% | 17,402€ | 13.1% | 8 | 680€ |
| 105 | Gagarin Bakery03320715 · Podgorica | 0.1% | 131,183€ | -4.9% | -15,857€ | -12.1% | 5 | 789€ |
| 106 | BM - Magistrala02636328 · Herceg Novi | 0.1% | 128,811€ | -9.6% | -12,668€ | -9.8% | 8 | 758€ |
| 107 | Albina02390272 · Tivat | 0.1% | 128,246€ | -8.2% | -98,244€ | -76.6% | 8 | 658€ |
| 108 | Biznis & Life03128318 · Podgorica | 0.1% | 125,655€ | +14.4% | 3,428€ | 2.7% | 5 | 761€ |
| 109 | Nedi Montenegro03675165 · Budva | 0.1% | 124,416€ | +466.1% | 699€ | 0.6% | 3 | 1,202€ |
| 110 | Četvorka Co03343189 · Podgorica | 0.1% | 122,611€ | +32.6% | 1,490€ | 1.2% | 4 | 1,132€ |
| 111 | DLM Company Montenegro03650251 · Herceg Novi | 0.1% | 121,862€ | +130.5% | 56€ | 0.0% | 6 | 703€ |
| 112 | Nova Evropa02783924 · Rožaje | 0.1% | 119,691€ | -9.3% | 6,794€ | 5.7% | 6 | 619€ |
| 113 | Seko02706172 · Podgorica | 0.1% | 119,001€ | +26.8% | -17,044€ | -14.3% | 6 | 639€ |
| 114 | Vanila02675960 · Tivat | 0.1% | 117,690€ | -3.6% | 2,675€ | 2.3% | 3 | 980€ |
| 115 | Jakić Company03246710 · Nikšić | 0.1% | 116,785€ | +46.9% | 5,880€ | 5.0% | 5 | 714€ |
| 116 | Dini Lindi03071359 · Bar | 0.1% | 115,172€ | -5.4% | -54,977€ | -47.7% | 5 | 965€ |
| 117 | Paštrik - T&DŽ03129047 · Rožaje | 0.1% | 112,526€ | -4.9% | 2,551€ | 2.3% | 6 | 451€ |
| 118 | Provista Nova03062775 · Herceg Novi | 0.1% | 108,928€ | +11.2% | 1,277€ | 1.2% | 3 | 746€ |
| 119 | MRN Company03143325 · Ulcinj | 0.1% | 107,625€ | -26.4% | 13,075€ | 12.1% | 2 | 591€ |
| 120 | Jellcona02672006 · Kotor | 0.1% | 107,097€ | -7.1% | -51,909€ | -48.5% | 8 | 577€ |
| 121 | Beli Trade02765993 · Podgorica | 0.1% | 105,546€ | +24.5% | 15,806€ | 15.0% | 4 | 850€ |
| 122 | Ljulj Dolar03287971 · Mojkovac | 0.1% | 104,319€ | +25.8% | 4,051€ | 3.9% | 7 | 798€ |
| 123 | Leo Company M&L03475131 · Podgorica | 0.1% | 101,924€ | +10.4% | 5,339€ | 5.2% | 5 | 630€ |
| 124 | Anda - M03013049 · Podgorica | 0.1% | 101,863€ | +5.1% | 6,588€ | 6.5% | 2 | 683€ |
| 125 | Besame Mucho03293041 · Podgorica | 0.1% | 101,513€ | -40.1% | -17,587€ | -17.3% | 5 | 719€ |
| 126 | Miramal02914549 · Nikšić | 0.1% | 99,525€ | -17.4% | 2,079€ | 2.1% | 4 | 724€ |
| 127 | Orex03174000 · Rožaje | 0.1% | 99,102€ | -17.5% | -12,111€ | -12.2% | 7 | 462€ |
| 128 | Pekara Kod Tafa03629392 · Rožaje | 0.1% | 98,478€ | +86.2% | 8,125€ | 8.3% | 7 | — |
| 129 | Pekara Diki02459264 · Budva | 0.1% | 96,929€ | -5.8% | -24,404€ | -25.2% | 5 | 600€ |
| 130 | Pekara Kod Besi03177564 · Podgorica | 0.1% | 96,323€ | -23.0% | 18,016€ | 18.7% | 1 | 1,338€ |
| 131 | Dačs03386465 · Podgorica | <0.1% | 94,101€ | -0.4% | -6,658€ | -7.1% | 4 | 654€ |
| 132 | Agropek03039218 · Nikšić | <0.1% | 92,320€ | -0.7% | -44,063€ | -47.7% | 4 | 739€ |
| 133 | Proizvodnja Muminović03675017 · Tuzi | <0.1% | 90,981€ | +218.6% | -30,513€ | -33.5% | 5 | 553€ |
| 134 | Montepane03479234 · Herceg Novi | <0.1% | 90,311€ | -84.6% | -77,410€ | -85.7% | 5 | 1,180€ |
| 135 | Iso Company02658810 · Bar | <0.1% | 89,526€ | -28.9% | -35,705€ | -39.9% | 6 | 683€ |
| 136 | Vertigo02916622 · Budva | <0.1% | 88,111€ | +21.6% | 13,670€ | 15.5% | 2 | 1,128€ |
| 137 | Dašad02625571 · Kolašin | <0.1% | 87,161€ | +8.1% | 1,319€ | 1.5% | 1 | 571€ |
| 138 | Ahmmus Company03548031 · Nikšić | <0.1% | 87,150€ | +6.6% | 3,208€ | 3.7% | 5 | 817€ |
| 139 | Old Town Bakery03341925 · Budva | <0.1% | 86,141€ | +21.3% | 6,417€ | 7.4% | 1 | 1,173€ |
| 140 | Jahir Pek03724310 · Herceg Novi | <0.1% | 84,984€ | No filing for 2024. | 4,710€ | 5.5% | 5 | 662€ |
| 141 | Džesko DŽH03089657 · Kolašin | <0.1% | 84,536€ | +62.3% | 189€ | 0.2% | 3 | 808€ |
| 142 | Perper - Denčić03391531 · Cetinje | <0.1% | 82,552€ | -37.5% | 924€ | 1.1% | 2 | 903€ |
| 143 | Bulevar Company03129110 · Bar | <0.1% | 75,160€ | -2.1% | 10€ | 0.0% | 3 | 795€ |
| 144 | B&R Company03654346 · Zeta | <0.1% | 73,671€ | +145.0% | 5,573€ | 7.6% | 1 | 715€ |
| 145 | Merkur Invest NK03383695 · Budva | <0.1% | 73,591€ | -7.2% | -15,645€ | -21.3% | 5 | 583€ |
| 146 | Ukus Trade02919184 · Nikšić | <0.1% | 73,499€ | +23.2% | -10,353€ | -14.1% | 7 | 586€ |
| 147 | ST & Iv02440741 · Podgorica | <0.1% | 73,278€ | +19.3% | -1,446€ | -2.0% | 4 | 677€ |
| 148 | Baker King03668827 · Herceg Novi | <0.1% | 72,505€ | +18.8% | -9,738€ | -13.4% | 6 | 493€ |
| 149 | Tendita Bakery03606937 · Kotor | <0.1% | 69,391€ | +2,313.6% | 2,854€ | 4.1% | 1 | 1,396€ |
| 150 | Kajzer S03105652 · Pljevlja | <0.1% | 66,893€ | -8.4% | 3,061€ | 4.6% | 4 | 660€ |