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 501–550 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* |
|---|
| 501 | D.S. Inženjering - CG02667665 · Podgorica | <0.1% | 1,800,554€ | +96.3% | 280,858€ | 15.6% | 5 | 2,525€ |
| 502 | Eco Fruit Herceg Novi03379221 · Herceg Novi | <0.1% | 1,784,706€ | +12.4% | 29,300€ | 1.6% | 13 | 523€ |
| 503 | Sutomore Petrol02619601 · Bar | <0.1% | 1,782,759€ | -13.3% | 107,400€ | 6.0% | 5 | 649€ |
| 504 | Indsoftware Informacione Tehnologije03099474 · Podgorica | <0.1% | 1,766,888€ | -48.8% | -472€ | -0.0% | 1 | — |
| 505 | TV Centar Đečević02335786 · Podgorica | <0.1% | 1,764,502€ | +33.6% | 19,924€ | 1.1% | 19 | 681€ |
| 506 | Volmont MD02411806 · Danilovgrad | <0.1% | 1,763,748€ | +14.3% | 493,859€ | 28.0% | 10 | 1,393€ |
| 507 | Time +02426226 · Podgorica | <0.1% | 1,763,550€ | +14.1% | 206,966€ | 11.7% | 26 | 516€ |
| 508 | Es System K Balkan03074439 · Podgorica | <0.1% | 1,759,163€ | +210.3% | 591,414€ | 33.6% | 3 | 5,491€ |
| 509 | Šišević Company02313294 · Podgorica | <0.1% | 1,758,885€ | +4.8% | 548,256€ | 31.2% | 12 | 837€ |
| 510 | Tuko02190885 · Nikšić | <0.1% | 1,754,053€ | -6.5% | 40,746€ | 2.3% | 7 | 820€ |
| 511 | Redice02932075 · Podgorica | <0.1% | 1,747,136€ | +39.2% | -26,526€ | -1.5% | 2 | 798€ |
| 512 | Mobile Namos02373874 · Podgorica | <0.1% | 1,746,213€ | +22.7% | 55,132€ | 3.2% | 18 | 794€ |
| 513 | Montex02768844 · Nikšić | <0.1% | 1,740,813€ | +787.7% | -534,182€ | -30.7% | 3 | 1,342€ |
| 514 | Altmed03299988 · Podgorica | <0.1% | 1,732,244€ | +16.9% | 20,356€ | 1.2% | 17 | 1,576€ |
| 515 | Enco Trading and Consultancy03234835 · Podgorica | <0.1% | 1,728,763€ | -8.4% | -199,299€ | -11.5% | 1 | 678€ |
| 516 | Autocommerce02725584 · Pljevlja | <0.1% | 1,726,963€ | -22.9% | 194,672€ | 11.3% | 5 | 1,514€ |
| 517 | Rarovac-Commerce02177633 · Podgorica | <0.1% | 1,725,864€ | +6.5% | 135,223€ | 7.8% | 9 | 965€ |
| 518 | Zain03431819 · Podgorica | <0.1% | 1,716,952€ | -4.3% | 87,767€ | 5.1% | 23 | 1,312€ |
| 519 | Mne Medika - Projekt03149617 · Podgorica | <0.1% | 1,705,108€ | +42.1% | 178,016€ | 10.4% | 5 | 1,945€ |
| 520 | Pop Petrol03344304 · Zeta | <0.1% | 1,704,574€ | +0.6% | 25,398€ | 1.5% | 11 | 1,343€ |
| 521 | Perućica03228568 · Nikšić | <0.1% | 1,697,075€ | +37.3% | 17,665€ | 1.0% | 14 | 701€ |
| 522 | Hidro-Rad02946777 · Nikšić | <0.1% | 1,692,395€ | +50.3% | 22,668€ | 1.3% | 6 | 1,581€ |
| 523 | Stara Boka02422450 · Budva | <0.1% | 1,688,403€ | +14.6% | 86,891€ | 5.1% | 16 | 1,296€ |
| 524 | Bordo02062739 · Podgorica | <0.1% | 1,685,524€ | +7.6% | 36,612€ | 2.2% | 15 | 1,372€ |
| 525 | Sač02356554 · Danilovgrad | <0.1% | 1,683,081€ | +5.6% | 38,859€ | 2.3% | 6 | 1,463€ |
| 526 | Ardi-Company02378663 · Ulcinj | <0.1% | 1,681,341€ | -10.9% | 37,861€ | 2.3% | 26 | 779€ |
| 527 | MTK - Commerce02397528 · Budva | <0.1% | 1,680,687€ | -5.1% | 54,754€ | 3.3% | 18 | 1,328€ |
| 528 | Rotor02047799 · Tivat | <0.1% | 1,679,196€ | +20.4% | 128,587€ | 7.7% | 30 | 1,066€ |
| 529 | Uniprom Pharm02903954 · Nikšić | <0.1% | 1,674,962€ | +15.0% | -327,269€ | -19.5% | 12 | 2,218€ |
| 530 | VBH Montenegro02443961 · Podgorica | <0.1% | 1,674,163€ | +31.1% | 149,731€ | 8.9% | 9 | 1,825€ |
| 531 | Bajro Company02949270 · Ulcinj | <0.1% | 1,673,375€ | +4.1% | 66,539€ | 4.0% | 7 | 887€ |
| 532 | Atlas Montenegro02889587 · Nikšić | <0.1% | 1,651,154€ | +58.4% | 79,094€ | 4.8% | 2 | 2,491€ |
| 533 | Citus02285410 · Nikšić | <0.1% | 1,636,205€ | -6.4% | 24,481€ | 1.5% | 36 | 844€ |
| 534 | Spona02208504 · Podgorica | <0.1% | 1,636,044€ | +42.0% | 210,672€ | 12.9% | 8 | 1,512€ |
| 535 | Viking Komp02198142 · Nikšić | <0.1% | 1,625,619€ | +48.3% | 17,218€ | 1.1% | 5 | 790€ |
| 536 | E-Joy Mne02944502 · Podgorica | <0.1% | 1,619,852€ | -16.5% | 536,688€ | 33.1% | 13 | 848€ |
| 537 | Markas03063313 · Podgorica | <0.1% | 1,613,830€ | +17.4% | 26,629€ | 1.7% | 12 | 1,103€ |
| 538 | Score03359077 · Podgorica | <0.1% | 1,610,591€ | +17.6% | 70,094€ | 4.4% | 12 | 1,400€ |
| 539 | Pištet B02357470 · Cetinje | <0.1% | 1,610,275€ | +11.6% | 17,145€ | 1.1% | 3 | 1,432€ |
| 540 | Winterhalter Gastronom Montenegro02448327 · Kotor | <0.1% | 1,608,765€ | +10.2% | 279,479€ | 17.4% | 6 | 2,783€ |
| 541 | Defacto Montenegro03371352 · Podgorica | <0.1% | 1,606,290€ | +8.1% | 41,124€ | 2.6% | 24 | 762€ |
| 542 | Datika03073840 · Podgorica | <0.1% | 1,586,498€ | -6.6% | 1,102€ | 0.1% | 6 | 1,501€ |
| 543 | Vibe02926121 · Podgorica | <0.1% | 1,585,338€ | +11.3% | 126,733€ | 8.0% | 2 | 606€ |
| 544 | Fit-Lab03451313 · Podgorica | <0.1% | 1,581,832€ | +86.4% | 172,914€ | 10.9% | 6 | 3,739€ |
| 545 | Trigon Inc03287882 · Podgorica | <0.1% | 1,581,623€ | +13.8% | 111,294€ | 7.0% | 11 | 2,180€ |
| 546 | Gama-Kom02179067 · Pljevlja | <0.1% | 1,570,468€ | +19.5% | 80,821€ | 5.1% | 11 | 708€ |
| 547 | Eco Vladex03694836 · Podgorica | <0.1% | 1,570,280€ | +746.5% | 33,697€ | 2.1% | 1 | 3,010€ |
| 548 | Velestovo Inn02260425 · Kotor | <0.1% | 1,565,077€ | -10.3% | 95,546€ | 6.1% | 9 | 894€ |
| 549 | Black Mountain Boats03572048 · Budva | <0.1% | 1,555,297€ | +16,486.3% | 46,667€ | 3.0% | 2 | 1,693€ |
| 550 | Somborex02138042 · Podgorica | <0.1% | 1,552,586€ | -3.1% | 26,018€ | 1.7% | 6 | 1,445€ |