Revenue
42.9% of Montenegro's revenue
7,526 companies earned 7.57b€ in 2025, 42.9% of all company revenue in Montenegro. It ranks 1 of 18 sectors by revenue. Revenue has grown 2.5× since 2015.
42.9% of Montenegro's revenue
3,805 with at most one employee
Largest employer: Idea - CG (2,426)
Total profit: 350.30m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 2,971,153,191€ | 4,060 |
| 2016 | 3,198,233,406€ | 4,290 |
| 2017 | 3,554,785,630€ | 4,582 |
| 2018 | 3,809,510,493€ | 5,123 |
| 2019 | 4,081,616,436€ | 5,434 |
| 2020 | 3,563,173,504€ | 5,695 |
| 2021 | 4,278,999,766€ | 5,984 |
| 2022 | 5,379,725,921€ | 6,611 |
| 2023 | 6,481,279,069€ | 7,470 |
| 2024 | 6,924,215,931€ | 7,746 |
| 2025 (Preliminary) | 7,568,788,891€ | 7,526 |
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 451–500 of 7,526
* 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 294 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* |
|---|
| 451 | Krog Plus03320065 · Herceg Novi | <0.1% | 2,139,815€ | -10.6% | 149,327€ | 7.0% | 1 | 1,475€ |
| 452 | Vatrooprema02116251 · Podgorica | <0.1% | 2,137,623€ | +72.1% | 301,809€ | 14.1% | 6 | 801€ |
| 453 | Netpharm02299666 · Podgorica | <0.1% | 2,129,611€ | +51.0% | 128,121€ | 6.0% | 12 | 1,206€ |
| 454 | Mikro S&E03150615 · Bijelo Polje | <0.1% | 2,125,792€ | -35.5% | 34,541€ | 1.6% | 13 | 1,467€ |
| 455 | Veleprodaja Namos Dajković02774887 · Podgorica | <0.1% | 2,124,827€ | -20.3% | 22,723€ | 1.1% | 16 | 1,663€ |
| 456 | Mas Trade02332329 · Cetinje | <0.1% | 2,123,512€ | +21.0% | 136,750€ | 6.4% | 9 | 803€ |
| 457 | Mix Markt 380503360032 · Budva | <0.1% | 2,121,440€ | -16.3% | 107,001€ | 5.0% | 10 | 1,669€ |
| 458 | Grand-Plus02383365 · Podgorica | <0.1% | 2,109,156€ | -11.1% | 50,758€ | 2.4% | 7 | 954€ |
| 459 | Kotorska Suvenirnica02867281 · Kotor | <0.1% | 2,103,462€ | +12.7% | 196,324€ | 9.3% | 0 | — |
| 460 | Tehnobar02284502 · Podgorica | <0.1% | 2,101,394€ | -5.5% | 341,138€ | 16.2% | 12 | 1,453€ |
| 461 | WTC Company02800438 · Kotor | <0.1% | 2,094,373€ | +50.9% | 19,168€ | 0.9% | 10 | 1,075€ |
| 462 | Kraft NT02637332 · Podgorica | <0.1% | 2,074,652€ | -7.0% | 525,390€ | 25.3% | 21 | 1,579€ |
| 463 | Euro Trade02369664 · Podgorica | <0.1% | 2,048,369€ | +15.5% | 159,049€ | 7.8% | 18 | 962€ |
| 464 | Lukić03030474 · Podgorica | <0.1% | 2,042,227€ | +13.2% | 99,959€ | 4.9% | 18 | 1,140€ |
| 465 | Digit Montenegro02247488 · Podgorica | <0.1% | 2,041,407€ | +3.9% | 3,137€ | 0.2% | 11 | 1,772€ |
| 466 | Lord Co03339467 · Bijelo Polje | <0.1% | 2,038,789€ | +17.0% | 54,352€ | 2.7% | 2 | 382€ |
| 467 | S Auto03076237 · Bar | <0.1% | 2,033,398€ | +5.3% | 4,182€ | 0.2% | 1 | 339€ |
| 468 | Sbi Group03221911 · Podgorica | <0.1% | 2,032,485€ | -18.9% | 121,916€ | 6.0% | 4 | 1,370€ |
| 469 | Maslovar02624125 · Budva | <0.1% | 2,024,529€ | +1.6% | 34,014€ | 1.7% | 7 | 920€ |
| 470 | Haus Majstor02681978 · Podgorica | <0.1% | 2,012,892€ | -6.3% | 102,838€ | 5.1% | 51 | 957€ |
| 471 | Point M02661233 · Rožaje | <0.1% | 2,010,744€ | +47.0% | 468,780€ | 23.3% | 9 | 638€ |
| 472 | Greenell03014754 · Podgorica | <0.1% | 2,001,767€ | +20.6% | 194,651€ | 9.7% | 5 | 871€ |
| 473 | Voćar Kalja Co02831945 · Zeta | <0.1% | 1,997,545€ | +37.2% | 117,981€ | 5.9% | 10 | 1,326€ |
| 474 | Alp Trade03061108 · Nikšić | <0.1% | 1,983,213€ | +40.5% | 168,305€ | 8.5% | 9 | 1,386€ |
| 475 | Frigoline-MN03647692 · Nikšić | <0.1% | 1,969,068€ | +55.7% | 82,169€ | 4.2% | 1 | 1,383€ |
| 476 | Emmeti03021904 · Podgorica | <0.1% | 1,958,742€ | -1.9% | 19,388€ | 1.0% | 18 | 1,664€ |
| 477 | Meba02901188 · Podgorica | <0.1% | 1,954,140€ | +15.9% | 187,780€ | 9.6% | 8 | 1,741€ |
| 478 | Alarm Automatika02774186 · Podgorica | <0.1% | 1,952,637€ | -36.5% | 91,528€ | 4.7% | 12 | 1,663€ |
| 479 | Femić02404729 · Bijelo Polje | <0.1% | 1,949,265€ | +3.4% | 50,435€ | 2.6% | 24 | 684€ |
| 480 | Anđela Produkt02825821 · Pljevlja | <0.1% | 1,934,953€ | -21.2% | -114,921€ | -5.9% | 37 | 714€ |
| 481 | Meditas Co02094797 · Podgorica | <0.1% | 1,919,412€ | +12.3% | -98,817€ | -5.1% | 29 | 1,062€ |
| 482 | Kaizen Group03345513 · Podgorica | <0.1% | 1,909,504€ | +56.4% | 536,076€ | 28.1% | 5 | 1,536€ |
| 483 | TTC Company03481042 · Tuzi | <0.1% | 1,886,297€ | +103.4% | 53,125€ | 2.8% | 48 | 724€ |
| 484 | Prima S02061813 · Pljevlja | <0.1% | 1,874,386€ | +1.2% | 85,330€ | 4.6% | 8 | 827€ |
| 485 | Flexway Mne03625362 · Nikšić | <0.1% | 1,871,689€ | +12,889.7% | -326,024€ | -17.4% | 14 | 1,801€ |
| 486 | Air Soaring Mne03541371 · Podgorica | <0.1% | 1,863,206€ | +1.3% | 19,809€ | 1.1% | 1 | 801€ |
| 487 | Sim Company02759578 · Podgorica | <0.1% | 1,858,886€ | +4.1% | 74,942€ | 4.0% | 15 | 737€ |
| 488 | Bif02251949 · Podgorica | <0.1% | 1,858,732€ | +26.2% | 41,392€ | 2.2% | 7 | 828€ |
| 489 | ZZ Fortuna02875098 · Bar | <0.1% | 1,858,073€ | +11.9% | 198,425€ | 10.7% | 7 | 1,336€ |
| 490 | Dadi Export02357267 · Podgorica | <0.1% | 1,857,653€ | +2.7% | 252,195€ | 13.6% | 55 | 698€ |
| 491 | Put-Company02805685 · Kotor | <0.1% | 1,856,923€ | -0.1% | 157,091€ | 8.5% | 20 | 951€ |
| 492 | Solaris02120950 · Bijelo Polje | <0.1% | 1,853,997€ | -0.5% | 66,540€ | 3.6% | 16 | 750€ |
| 493 | Ljujković Co02302977 · Podgorica | <0.1% | 1,853,544€ | +3.4% | 71,520€ | 3.9% | 6 | 824€ |
| 494 | Taxi-Taxi02627060 · Nikšić | <0.1% | 1,849,729€ | -46.4% | 58,829€ | 3.2% | 2 | 541€ |
| 495 | Steam-Trade02399075 · Podgorica | <0.1% | 1,842,631€ | -3.1% | 257,174€ | 14.0% | 14 | 1,108€ |
| 496 | Adria Co02047110 · Bar | <0.1% | 1,841,626€ | +9.6% | 142,707€ | 7.7% | 37 | 896€ |
| 497 | Top Alco Brands Distribution03200825 · Budva | <0.1% | 1,840,966€ | -26.9% | 33,805€ | 1.8% | 1 | 2,417€ |
| 498 | Tea&Coffe03562093 · Bar | <0.1% | 1,817,597€ | +213.5% | 95,298€ | 5.2% | 2 | 912€ |
| 499 | Avanglion Mne02828855 · Budva | <0.1% | 1,816,022€ | +10.3% | 249,211€ | 13.7% | 20 | 1,449€ |
| 500 | Mazor02215233 · Nikšić | <0.1% | 1,812,588€ | +7.3% | 136,041€ | 7.5% | 7 | 1,244€ |