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 1001–1050 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* |
|---|
| 1001 | Technoclima Mare02406705 · Herceg Novi | <0.1% | 663,174€ | +1.9% | 108,568€ | 16.4% | 1 | 2,540€ |
| 1002 | Porcelana03513157 · Budva | <0.1% | 662,304€ | +13.9% | 89,216€ | 13.5% | 4 | 1,950€ |
| 1003 | Holli02699494 · Ulcinj | <0.1% | 662,162€ | +0.7% | 52,833€ | 8.0% | 5 | 779€ |
| 1004 | Vrsuta Press03297233 · Bar | <0.1% | 662,091€ | +5.0% | 17,462€ | 2.6% | 7 | 885€ |
| 1005 | Primadonna Fashion03616703 · Podgorica | <0.1% | 661,998€ | +25.7% | 592€ | 0.1% | 16 | 1,097€ |
| 1006 | Milena i Mi02670216 · Nikšić | <0.1% | 661,205€ | -2.9% | 2,036€ | 0.3% | 10 | 466€ |
| 1007 | Keni Komerc02427354 · Bijelo Polje | <0.1% | 661,152€ | -2.1% | 2,694€ | 0.4% | 6 | 826€ |
| 1008 | Havana Company03227286 · Budva | <0.1% | 660,757€ | +4.0% | -94,316€ | -14.3% | 3 | 551€ |
| 1009 | Dokument03116140 | <0.1% | 660,566€ | -41.6% | 27,329€ | 4.1% | 1 | 4,120€ |
| 1010 | Erlind02076497 · Kotor | <0.1% | 660,107€ | +5.1% | 25,537€ | 3.9% | 3 | 1,223€ |
| 1011 | Autoservis Knežević02455013 · Pljevlja | <0.1% | 659,007€ | +22.5% | 6,215€ | 0.9% | 16 | 706€ |
| 1012 | Tajo Trade02130696 · Podgorica | <0.1% | 658,707€ | +21.1% | 329€ | 0.0% | 5 | 785€ |
| 1013 | Balkan02065215 · Gusinje | <0.1% | 658,365€ | -4.3% | 780€ | 0.1% | 9 | 759€ |
| 1014 | Kemy - Comerc 202638614 · Rožaje | <0.1% | 657,370€ | +31.5% | 29,931€ | 4.6% | 3 | 2,083€ |
| 1015 | Djaro03101924 · Podgorica | <0.1% | 657,190€ | +121.0% | 105,037€ | 16.0% | 8 | 721€ |
| 1016 | Auto Excellent03436179 · Tuzi | <0.1% | 656,380€ | +6.6% | 47,538€ | 7.2% | 2 | 447€ |
| 1017 | Anipeks Trade03244733 · Danilovgrad | <0.1% | 653,110€ | +2.8% | -17,286€ | -2.6% | 2 | 438€ |
| 1018 | Centralmont03106179 · Tivat | <0.1% | 651,942€ | +138.6% | 31,041€ | 4.8% | 3 | 2,373€ |
| 1019 | Smart Home03261417 · Podgorica | <0.1% | 651,320€ | +28.8% | 63,287€ | 9.7% | 5 | 714€ |
| 1020 | Ipko02322463 · Bijelo Polje | <0.1% | 650,432€ | +4.8% | 78,673€ | 12.1% | 10 | 739€ |
| 1021 | Autosport BB02232332 · Bar | <0.1% | 650,248€ | +15.4% | 17,586€ | 2.7% | 6 | 1,264€ |
| 1022 | Kom Komerc02845652 · Podgorica | <0.1% | 647,992€ | +5.1% | 28,459€ | 4.4% | 3 | 767€ |
| 1023 | Delight02919524 · Podgorica | <0.1% | 647,066€ | -31.9% | 7,527€ | 1.2% | 4 | 1,841€ |
| 1024 | Hygia02159783 · Bar | <0.1% | 644,115€ | +16.3% | 14,944€ | 2.3% | 4 | 1,064€ |
| 1025 | Tercet Group02709490 · Podgorica | <0.1% | 643,698€ | +22.8% | 44,659€ | 6.9% | 4 | 845€ |
| 1026 | Energomont02104008 · Podgorica | <0.1% | 643,065€ | +13.0% | 57,804€ | 9.0% | 6 | 1,471€ |
| 1027 | MLV Berać02925770 · Tivat | <0.1% | 643,061€ | +61.2% | 48,208€ | 7.5% | 9 | 815€ |
| 1028 | Atv4me03140865 · Podgorica | <0.1% | 643,012€ | +21.5% | 61,331€ | 9.5% | 1 | 925€ |
| 1029 | Dialvi02818787 · Podgorica | <0.1% | 642,113€ | -1.8% | 20,603€ | 3.2% | 1 | 1,167€ |
| 1030 | Promotive02642174 · Podgorica | <0.1% | 641,819€ | -21.4% | 43,151€ | 6.7% | 12 | 1,392€ |
| 1031 | Bon Auto03298442 · Podgorica | <0.1% | 641,658€ | +5.4% | 115,938€ | 18.1% | 2 | 338€ |
| 1032 | Društvo za Promet Roba i Usluga Proheko Group03303233 · Danilovgrad | <0.1% | 640,928€ | +14.6% | 10,853€ | 1.7% | 10 | 1,019€ |
| 1033 | Standard Comerce03135314 · Podgorica | <0.1% | 640,359€ | -2.0% | 20,468€ | 3.2% | 2 | 1,063€ |
| 1034 | Twenty Two03472892 · Tivat | <0.1% | 639,111€ | -7.5% | -39,678€ | -6.2% | 3 | 1,431€ |
| 1035 | Mist Group03524990 · Nikšić | <0.1% | 637,935€ | +112.4% | 48,943€ | 7.7% | 2 | 677€ |
| 1036 | Nobel Corporation02845113 · Podgorica | <0.1% | 637,836€ | +36.0% | 71,323€ | 11.2% | 10 | 992€ |
| 1037 | Progastro03712281 · Budva | <0.1% | 635,464€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 282,938€ | 44.5% | 2 | 582€ |
| 1038 | Totohem02096277 · Podgorica | <0.1% | 634,809€ | +2.1% | 50,704€ | 8.0% | 4 | 2,234€ |
| 1039 | Oktopod02090759 · Nikšić | <0.1% | 633,838€ | +3.7% | 8,719€ | 1.4% | 11 | 685€ |
| 1040 | Globo-Pergam02307529 · Podgorica | <0.1% | 629,884€ | -10.9% | 27,830€ | 4.4% | 7 | 1,447€ |
| 1041 | Top Brands Montenegro03413926 · Herceg Novi | <0.1% | 628,610€ | +78.6% | -42,855€ | -6.8% | 1 | 677€ |
| 1042 | Vitamin Plus02931494 · Bar | <0.1% | 627,873€ | +12.4% | 15,775€ | 2.5% | 8 | 737€ |
| 1043 | Vosmet Limited03224236 · Podgorica | <0.1% | 623,100€ | -3.5% | -38,043€ | -6.1% | 1 | 802€ |
| 1044 | Praktik Co03258203 · Podgorica | <0.1% | 621,293€ | -6.5% | 4,099€ | 0.7% | 9 | 794€ |
| 1045 | Aqua-Matanović02976757 · Podgorica | <0.1% | 620,380€ | +20.3% | 87,094€ | 14.0% | 5 | 1,046€ |
| 1046 | Gorštak02147572 · Nikšić | <0.1% | 617,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 455,709€ | 73.9% | 1 | 788€ |
| 1047 | PG Fruit03772756 · Podgorica | <0.1% | 616,604€ | No filing for 2024. | 11,061€ | 1.8% | 2 | — |
| 1048 | Tiliafarm02104024 · Herceg Novi | <0.1% | 616,160€ | +1.1% | 21,732€ | 3.5% | 8 | 695€ |
| 1049 | Casa De Puros03428303 · Podgorica | <0.1% | 615,749€ | +4.6% | 46,384€ | 7.5% | 7 | 1,617€ |
| 1050 | Salveo CG02915707 · Podgorica | <0.1% | 613,508€ | +20.9% | 43,240€ | 7.0% | 5 | 4,555€ |