Revenue
2.2% of sector revenue
135 companies earned 31.13m€ in 2025, 2.2% of Manufacturing sector revenue. Revenue has grown 2.4× since 2015.
2.2% of sector revenue
56 with at most one employee
Largest employer: Merkator International (101)
Median company 2.5% · 65% 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 101–135 of 135
* 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 2 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 | 13,086,464€ | 81 |
| 2016 | 18,555,816€ | 89 |
| 2017 | 16,661,589€ | 94 |
| 2018 | 16,915,942€ | 97 |
| 2019 | 18,686,792€ | 103 |
| 2020 | 15,670,788€ | 106 |
| 2021 | 17,352,718€ | 110 |
| 2022 | 22,220,773€ | 113 |
| 2023 | 26,498,220€ | 122 |
| 2024 | 27,825,300€ | 123 |
| 2025 (Preliminary) | 31,130,241€ | 135 |
Employees and payroll cost per employee per month*
<0.1% |
| 17,354€ |
| +13.9% |
| 207€ |
| 1.2% |
| 2 |
| 481€ |
| 103 | T3D Studio Print03706443 · Nikšić | <0.1% | 13,735€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 220€ | 1.6% | 1 | 920€ |
| 104 | Gravity03076504 · Podgorica | <0.1% | 13,121€ | -28.2% | -3,386€ | -25.8% | 1 | 393€ |
| 105 | Gudco02292203 · Kotor | <0.1% | 11,657€ | -75.2% | -33,348€ | -286.1% | 2 | 328€ |
| 106 | Maestro D02346346 · Podgorica | <0.1% | 11,460€ | -53.6% | -6,018€ | -52.5% | 1 | 1,027€ |
| 107 | Oratio03380947 · Tivat | <0.1% | 11,369€ | +370.4% | -42,767€ | -376.2% | 2 | 929€ |
| 108 | Proarte02452375 · Cetinje | <0.1% | 10,505€ | -23.9% | -1,088€ | -10.4% | 1 | 454€ |
| 109 | Flash Print System03764311 · Budva | <0.1% | 10,000€ | No filing for 2024. | 3,334€ | 33.3% | 0 | — |
| 110 | Odido03465926 · Herceg Novi | <0.1% | 8,250€ | +42.4% | -1,082€ | -13.1% | 1 | 680€ |
| 111 | Printer03787320 · Podgorica | <0.1% | 8,237€ | No filing for 2024. | 637€ | 7.7% | 1 | — |
| 112 | In Pack Shop03600793 · Podgorica | <0.1% | 8,164€ | -19.6% | -5,817€ | -71.3% | 1 | 674€ |
| 113 | Mahir03731120 · Podgorica | <0.1% | 7,957€ | No filing for 2024. | -3,105€ | -39.0% | 1 | 678€ |
| 114 | Ralex Print03769402 · Nikšić | <0.1% | 7,828€ | No filing for 2024. | 2,279€ | 29.1% | 1 | — |
| 115 | Montgraf02380048 · Podgorica | <0.1% | 6,753€ | -12.1% | -7,492€ | -110.9% | 1 | 678€ |
| 116 | Vezuna03615332 · Zeta | <0.1% | 5,950€ | +126.1% | -135€ | -2.3% | 1 | 339€ |
| 117 | Dance Planet03444791 · Bar | <0.1% | 5,485€ | +1,271.3% | -2,687€ | -49.0% | 1 | 675€ |
| 118 | Offset Centar03731219 · Podgorica | <0.1% | 4,911€ | No filing for 2024. | -2,304€ | -46.9% | 1 | — |
| 119 | Stiker PG03806561 · Podgorica | <0.1% | 4,820€ | No filing for 2024. | 3,355€ | 69.6% | 1 | — |
| 120 | City Print02940175 · Podgorica | <0.1% | 3,404€ | -31.0% | -2,978€ | -87.5% | 1 | 333€ |
| 121 | Bushido Print03779548 · Podgorica | <0.1% | 3,000€ | No filing for 2024. | 944€ | 31.5% | 1 | — |
| 122 | Grafički Atelje CG03346013 · Podgorica | <0.1% | 2,040€ | +33.2% | -6,419€ | -314.7% | 1 | 675€ |
| 123 | Primo Design Consulting03022684 · Podgorica | <0.1% | 1,939€ | +368.4% | -17,494€ | -902.2% | 2 | 565€ |
| 124 | Studio Maestral03766675 · Podgorica | <0.1% | 1,875€ | No filing for 2024. | -2,631€ | -140.3% | 1 | 368€ |
| 125 | Modea03802205 · Bijelo Polje | <0.1% | 537€ | No filing for 2024. | -367€ | -68.3% | 1 | — |
| 126 | D&F03796361 · Berane | <0.1% | 436€ | No filing for 2024. | 66€ | 15.1% | 1 | — |
| 127 | Tapfor03659593 · Bijelo Polje | <0.1% | 270€ | -28.8% | -11,110€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 920€ |
| 128 | Luč - Biro02278774 · Berane | 0.0% | 0€ | -100.0% | -5,534€ | — | 1 | 451€ |
| 129 | Cultro03761754 · Podgorica | 0.0% | 0€ | No filing for 2024. | -10,506€ | — | 1 | — |
| 130 | Mikovići Company03461599 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,975€ | — | 1 | — |
| 131 | Multi Medija Co03380149 · Bijelo Polje | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 132 | Taš MM03082695 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 133 | Print Adria03593622 · Budva | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 134 | Printcasso Walldesign03676145 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,997€ | — | 1 | 678€ |
| 135 | Tri Zvijezde03433439 · Bar | 0.0% | 0€ | -100.0% | -2,456€ | — | 1 | — |