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 1101–1150 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* |
|---|
| 1101 | 3M&N Company02974835 · Podgorica | <0.1% | 563,277€ | +18.7% | 14,477€ | 2.6% | 4 | 1,741€ |
| 1102 | Fin - Ing02751194 · Podgorica | <0.1% | 562,166€ | -13.6% | 2,493€ | 0.4% | 13 | 1,051€ |
| 1103 | M S M S02873184 · Budva | <0.1% | 561,832€ | -5.9% | 21,616€ | 3.8% | 4 | 1,677€ |
| 1104 | Ivanović Ijs03017516 · Podgorica | <0.1% | 561,387€ | +35.7% | 15,390€ | 2.7% | 2 | 1,288€ |
| 1105 | Ćepić03423409 · Podgorica | <0.1% | 561,215€ | +0.1% | 6,810€ | 1.2% | 10 | 675€ |
| 1106 | Maxi02374773 · Pljevlja | <0.1% | 560,632€ | +4.4% | 33,460€ | 6.0% | 16 | 818€ |
| 1107 | Dental Grupa Montenegro02988232 · Podgorica | <0.1% | 560,562€ | +23.6% | 31,296€ | 5.6% | 4 | 1,615€ |
| 1108 | DKS Comerc02297523 · Tivat | <0.1% | 559,194€ | -1.2% | 31,706€ | 5.7% | 6 | 1,217€ |
| 1109 | Mil-Miro03342956 · Podgorica | <0.1% | 556,006€ | +64.1% | -5,734€ | -1.0% | 4 | 2,069€ |
| 1110 | VP Trade03260895 · Cetinje | <0.1% | 555,969€ | +31.5% | 3,837€ | 0.7% | 5 | 1,368€ |
| 1111 | Vivis02965020 · Podgorica | <0.1% | 554,358€ | +8.3% | 85,006€ | 15.3% | 8 | 1,504€ |
| 1112 | Popović02315025 · Bar | <0.1% | 552,914€ | +11.0% | 9,433€ | 1.7% | 5 | 1,170€ |
| 1113 | Alseco02986299 · Podgorica | <0.1% | 552,317€ | -6.7% | 51,377€ | 9.3% | 5 | 1,154€ |
| 1114 | Almir02975211 · Ulcinj | <0.1% | 551,742€ | +46.9% | 5,085€ | 0.9% | 3 | 909€ |
| 1115 | Inel Medica02272504 · Podgorica | <0.1% | 551,541€ | -25.1% | 15,501€ | 2.8% | 7 | 1,372€ |
| 1116 | Mobileland Store03276031 · Bar | <0.1% | 550,876€ | +20.5% | 10,444€ | 1.9% | 7 | 1,169€ |
| 1117 | Mercury's03247830 · Podgorica | <0.1% | 549,955€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,179€ | 0.2% | 1 | 675€ |
| 1118 | SN Electronics02399768 · Ulcinj | <0.1% | 549,409€ | +12.8% | 52,719€ | 9.6% | 23 | 971€ |
| 1119 | Bometal02756757 · Kolašin | <0.1% | 545,335€ | +7.7% | 51,051€ | 9.4% | 7 | 802€ |
| 1120 | Rattan Sedia03079813 · Kotor | <0.1% | 544,568€ | -35.4% | 12,545€ | 2.3% | 2 | 3,525€ |
| 1121 | Inovatic02727129 · Nikšić | <0.1% | 543,286€ | +36.1% | 194,125€ | 35.7% | 3 | 604€ |
| 1122 | HND Promet02444585 · Rožaje | <0.1% | 541,762€ | +48.3% | 9,028€ | 1.7% | 3 | 854€ |
| 1123 | Next Car03117081 · Cetinje | <0.1% | 541,033€ | +37.2% | 18,408€ | 3.4% | 2 | 648€ |
| 1124 | Vortex '2203473244 · Podgorica | <0.1% | 539,526€ | +40.4% | 78,688€ | 14.6% | 3 | 1,010€ |
| 1125 | Lift - Ing02977478 · Podgorica | <0.1% | 539,350€ | +101.1% | 45,343€ | 8.4% | 5 | 1,593€ |
| 1126 | Premia Montenegro03209334 · Kotor | <0.1% | 538,866€ | +120.2% | 304,408€ | 56.5% | 10 | 733€ |
| 1127 | The Yacht Pantry Montenegro02862883 · Tivat | <0.1% | 537,892€ | +33.4% | 54,999€ | 10.2% | 5 | 1,126€ |
| 1128 | Mix Markt 380803538958 · Budva | <0.1% | 537,487€ | -10.6% | 306€ | 0.1% | 5 | 955€ |
| 1129 | W2 Company03113965 · Podgorica | <0.1% | 536,669€ | -14.2% | 7,753€ | 1.4% | 5 | 1,218€ |
| 1130 | Real Mita03038017 · Tivat | <0.1% | 536,453€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 57,107€ | 10.6% | 1 | 736€ |
| 1131 | Auto-Centar Šahović02645513 · Podgorica | <0.1% | 535,954€ | -5.0% | 49,906€ | 9.3% | 9 | 916€ |
| 1132 | Waystar03595765 · Budva | <0.1% | 534,046€ | +9.6% | 87,952€ | 16.5% | 1 | 25,219€ |
| 1133 | Boralex03315126 · Podgorica | <0.1% | 532,924€ | +14.6% | 1,533€ | 0.3% | 2 | — |
| 1134 | Cappetano02783827 · Tivat | <0.1% | 532,239€ | +9.6% | 3,524€ | 0.7% | 3 | 938€ |
| 1135 | Furnitureland03462927 · Cetinje | <0.1% | 532,057€ | +27.6% | -25,804€ | -4.8% | 2 | 1,099€ |
| 1136 | TP Elektro03068617 · Podgorica | <0.1% | 532,048€ | +0.0% | 18,606€ | 3.5% | 8 | 1,206€ |
| 1137 | Magud Company02172224 · Kotor | <0.1% | 530,493€ | -19.8% | 26,608€ | 5.0% | 6 | 966€ |
| 1138 | Max Corporation02721759 · Podgorica | <0.1% | 529,782€ | -23.6% | 11,082€ | 2.1% | 3 | 2,030€ |
| 1139 | Panorama Moda03061205 · Podgorica | <0.1% | 529,643€ | +1.1% | 16,619€ | 3.1% | 6 | 1,744€ |
| 1140 | MCG Oil02409739 · Podgorica | <0.1% | 529,080€ | +11.5% | 14,759€ | 2.8% | 8 | 1,097€ |
| 1141 | Trademax03066819 · Bar | <0.1% | 529,028€ | -36.1% | 119,657€ | 22.6% | 2 | 2,231€ |
| 1142 | Ict03276864 · Podgorica | <0.1% | 527,660€ | +64.2% | 142,407€ | 27.0% | 3 | 1,948€ |
| 1143 | Mijanović Trade02191032 · Budva | <0.1% | 526,412€ | +0.4% | -13,499€ | -2.6% | 5 | 999€ |
| 1144 | Energogroup02855844 · Podgorica | <0.1% | 525,633€ | +134.1% | 27,700€ | 5.3% | 2 | 1,242€ |
| 1145 | Lemajić Co02669790 · Nikšić | <0.1% | 525,117€ | +75.2% | 129,423€ | 24.6% | 9 | 787€ |
| 1146 | VDM Stanišić02744414 · Podgorica | <0.1% | 524,859€ | +49.6% | 137,331€ | 26.2% | 5 | 647€ |
| 1147 | Lib Sistem03250407 · Nikšić | <0.1% | 524,646€ | +31.3% | 52,161€ | 9.9% | 3 | 1,123€ |
| 1148 | Group 4403188850 · Podgorica | <0.1% | 524,424€ | -26.6% | 5,987€ | 1.1% | 2 | 971€ |
| 1149 | Ćao02808056 · Podgorica | <0.1% | 523,967€ | -10.3% | 606€ | 0.1% | 1 | — |
| 1150 | Lucky Company03250075 · Podgorica | <0.1% | 520,738€ | +31.4% | 61,356€ | 11.8% | 6 | 621€ |