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 151–200 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% |
| 63,675€ |
| -22.5% |
| -45,764€ |
| -71.9% |
| 4 |
| 896€ |
| 153 | Kolundžić02173751 · Danilovgrad | <0.1% | 62,302€ | +6.7% | 2,727€ | 4.4% | 2 | 675€ |
| 154 | Kruševica RR03199118 · Budva | <0.1% | 61,836€ | -4.1% | -3,413€ | -5.5% | 1 | 2,029€ |
| 155 | NT-Roma02999374 · Podgorica | <0.1% | 61,810€ | +9.6% | 8,416€ | 13.6% | 2 | 1,013€ |
| 156 | Pekara Čarobnjak03322696 · Pljevlja | <0.1% | 61,634€ | +2.9% | -2,650€ | -4.3% | 6 | 608€ |
| 157 | Follow Me02728524 · Nikšić | <0.1% | 61,284€ | -7.3% | 992€ | 1.6% | 1 | 338€ |
| 158 | Rocoto03676790 · Podgorica | <0.1% | 57,195€ | +7,910.5% | 677€ | 1.2% | 2 | 509€ |
| 159 | Poslastičarnica Išler03390632 · Tuzi | <0.1% | 53,431€ | +45.0% | -3,721€ | -7.0% | 4 | 431€ |
| 160 | Novićević Kompani03453308 · Podgorica | <0.1% | 50,407€ | +21.6% | 1,091€ | 2.2% | 2 | 680€ |
| 161 | P&S Company03158497 · Podgorica | <0.1% | 49,879€ | -32.9% | -10,586€ | -21.2% | 2 | 770€ |
| 162 | Rožajska Sofra03754596 · Rožaje | <0.1% | 49,734€ | No filing for 2024. | -9,920€ | -19.9% | 7 | 317€ |
| 163 | Vatra - Pek03379299 · Plav | <0.1% | 49,381€ | +20.2% | 6,425€ | 13.0% | 3 | 770€ |
| 164 | Jokina Kužina02643120 · Herceg Novi | <0.1% | 49,362€ | -11.8% | -23,434€ | -47.5% | 3 | 728€ |
| 165 | Slovenska03226301 · Bar | <0.1% | 46,821€ | -29.4% | -15,877€ | -33.9% | 5 | 626€ |
| 166 | Dolce Vita BY Milutinović03535380 · Herceg Novi | <0.1% | 46,737€ | -23.1% | -8,426€ | -18.0% | 3 | 739€ |
| 167 | Nba14703347290 · Cetinje | <0.1% | 45,979€ | -36.2% | -692€ | -1.5% | 1 | 506€ |
| 168 | Mari Pastry03592936 · Budva | <0.1% | 42,513€ | +266.7% | -6,695€ | -15.7% | 1 | 1,667€ |
| 169 | Samah03381366 · Podgorica | <0.1% | 42,008€ | +73.6% | -2,503€ | -6.0% | 3 | 716€ |
| 170 | Fizz03463877 · Podgorica | <0.1% | 41,576€ | -58.0% | 4,553€ | 11.0% | 2 | 598€ |
| 171 | Eri Bela Pek03744795 · Herceg Novi | <0.1% | 41,505€ | No filing for 2024. | -21,257€ | -51.2% | 5 | 721€ |
| 172 | Slatko Ćoše - Fontana03139972 · Nikšić | <0.1% | 41,121€ | +8.7% | -1,976€ | -4.8% | 5 | 608€ |
| 173 | Borilović Company02873869 · Cetinje | <0.1% | 41,054€ | -48.0% | 992€ | 2.4% | 6 | — |
| 174 | Meli Montenegro03081621 · Nikšić | <0.1% | 40,661€ | -28.6% | 147€ | 0.4% | 3 | 675€ |
| 175 | Antep Baklava03245586 · Ulcinj | <0.1% | 39,503€ | -55.3% | -20,848€ | -52.8% | 3 | 828€ |
| 176 | Pekara Kod Tiganja03278484 · Rožaje | <0.1% | 38,977€ | +6.0% | -8,727€ | -22.4% | 3 | 805€ |
| 177 | North Port03670074 · Nikšić | <0.1% | 38,775€ | +929.1% | -10,172€ | -26.2% | 4 | 689€ |
| 178 | M Tali-Ja03032167 · Kolašin | <0.1% | 37,520€ | -14.0% | -17,569€ | -46.8% | 3 | 833€ |
| 179 | Breadberry03790991 · Tivat | <0.1% | 35,891€ | No filing for 2024. | -2,387€ | -6.7% | 2 | 540€ |
| 180 | Gali03222764 · Podgorica | <0.1% | 35,039€ | +5.8% | -9,999€ | -28.5% | 3 | 775€ |
| 181 | Limi&Pek03681505 · Podgorica | <0.1% | 34,250€ | +1,612.5% | 1,343€ | 3.9% | 5 | — |
| 182 | Nova Pekara03752674 · Zeta | <0.1% | 33,777€ | No filing for 2024. | -93€ | -0.3% | 1 | 898€ |
| 183 | Bum02877708 · Pljevlja | <0.1% | 33,290€ | +26.0% | 2,537€ | 7.6% | 1 | 679€ |
| 184 | Rea & Ladi03639657 · Herceg Novi | <0.1% | 33,180€ | +18.6% | 504€ | 1.5% | 2 | 685€ |
| 185 | Pekara Ema Plus03768171 · Berane | <0.1% | 32,773€ | No filing for 2024. | 1,493€ | 4.6% | 4 | 307€ |
| 186 | Bulevar 102881144 · Cetinje | <0.1% | 32,028€ | -10.3% | -12,737€ | -39.8% | 3 | 478€ |
| 187 | Medenjak03300412 · Berane | <0.1% | 31,472€ | +41.1% | -2,655€ | -8.4% | 2 | 1,148€ |
| 188 | Infinity Prestige NK03751201 · Nikšić | <0.1% | 31,391€ | No filing for 2024. | -5,192€ | -16.5% | 2 | 467€ |
| 189 | Pekara Oaza03276945 · Bar | <0.1% | 31,162€ | -19.7% | -6,838€ | -21.9% | 3 | 451€ |
| 190 | Balević Company Baka Trade03276619 · Berane | <0.1% | 30,039€ | +5.4% | -4,431€ | -14.8% | 1 | 678€ |
| 191 | Ajanović03664562 · Pljevlja | <0.1% | 29,864€ | +105.7% | -1,722€ | -5.8% | 2 | 724€ |
| 192 | Blok BMV03240223 · Podgorica | <0.1% | 29,692€ | +4.8% | -805€ | -2.7% | 3 | 454€ |
| 193 | MEN&VEN03389812 · Tuzi | <0.1% | 28,785€ | +3.7% | -8,366€ | -29.1% | 2 | 701€ |
| 194 | Sanipe02824299 · Nikšić | <0.1% | 28,751€ | +4.0% | 5,296€ | 18.4% | 1 | 677€ |
| 195 | Tradita & Montenegro03385663 · Ulcinj | <0.1% | 28,613€ | -9.2% | -24,888€ | -87.0% | 1 | 2,390€ |
| 196 | Stela - Plus03062597 · Podgorica | <0.1% | 27,915€ | +43.2% | -1,571€ | -5.6% | 2 | 652€ |
| 197 | Muffintaffin03368785 · Budva | <0.1% | 27,816€ | -50.8% | -24,416€ | -87.8% | 3 | 1,060€ |
| 198 | Merdžo Company03489078 · Podgorica | <0.1% | 27,770€ | -4.1% | -1,992€ | -7.2% | 3 | 565€ |
| 199 | DMMD Pek03422143 · Tivat | <0.1% | 27,567€ | -36.1% | -2,831€ | -10.3% | 3 | — |
| 200 | Tortica03451925 · Tivat | <0.1% | 27,477€ | -4.1% | 469€ | 1.7% | 1 | 716€ |