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 1251–1300 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* |
|---|
| 1251 | Fortezza02780747 · Kotor | <0.1% | 443,703€ | +9.9% | 105,241€ | 23.7% | 9 | 767€ |
| 1252 | Lusso Montenegro02876400 · Kotor | <0.1% | 442,577€ | +73.6% | -47,363€ | -10.7% | 3 | 1,133€ |
| 1253 | Umk02659611 · Nikšić | <0.1% | 440,938€ | +35.2% | 4,946€ | 1.1% | 3 | 770€ |
| 1254 | Art Mobili03147240 · Podgorica | <0.1% | 440,375€ | +85.8% | 67,981€ | 15.4% | 5 | 982€ |
| 1255 | Zigma02093995 · Nikšić | <0.1% | 439,788€ | +18.3% | 57,583€ | 13.1% | 4 | 794€ |
| 1256 | Tri Tona02873583 · Budva | <0.1% | 439,577€ | +16.6% | 58,246€ | 13.3% | 9 | 858€ |
| 1257 | Metal - Max02966778 · Podgorica | <0.1% | 438,174€ | +17.1% | 45,148€ | 10.3% | 8 | 677€ |
| 1258 | Montstar Company02981734 · Cetinje | <0.1% | 438,032€ | +13.9% | 5,857€ | 1.3% | 3 | — |
| 1259 | Italmonte02939045 · Tuzi | <0.1% | 437,040€ | +51.8% | -3,228€ | -0.7% | 3 | 1,847€ |
| 1260 | Business Intelligence Montenegro03611582 · Bar | <0.1% | 436,991€ | +45.1% | 29,953€ | 6.9% | 1 | 18,254€ |
| 1261 | Auto Moto Savez Crne Gore02442116 · Podgorica | <0.1% | 435,908€ | -1.2% | 19,056€ | 4.4% | 20 | 1,166€ |
| 1262 | Eko-Multipak02212102 · Podgorica | <0.1% | 435,532€ | -13.6% | 44,810€ | 10.3% | 2 | 1,739€ |
| 1263 | Marincolor02347024 · Herceg Novi | <0.1% | 433,318€ | +7.9% | 21,312€ | 4.9% | 3 | 1,308€ |
| 1264 | Registruj.Me03024571 · Podgorica | <0.1% | 433,261€ | +16.7% | 21,776€ | 5.0% | 3 | 679€ |
| 1265 | NBD Trade03393992 · Danilovgrad | <0.1% | 432,784€ | +6.1% | 34,768€ | 8.0% | 4 | 924€ |
| 1266 | Power Pro Tehnix Mne03313778 · Podgorica | <0.1% | 432,584€ | -27.4% | 2,039€ | 0.5% | 1 | 339€ |
| 1267 | Keša03342484 · Bijelo Polje | <0.1% | 431,285€ | +13.8% | 6,403€ | 1.5% | 4 | 849€ |
| 1268 | Magic Star Mne03230414 · Podgorica | <0.1% | 431,007€ | +90.2% | 51,524€ | 12.0% | 3 | 3,504€ |
| 1269 | Larix02697025 · Nikšić | <0.1% | 430,294€ | +13.4% | -14,072€ | -3.3% | 6 | 777€ |
| 1270 | Max Color03083454 · Podgorica | <0.1% | 429,622€ | -10.2% | 8,599€ | 2.0% | 5 | 857€ |
| 1271 | Stavek Company02930293 · Podgorica | <0.1% | 429,484€ | +12.0% | 105,754€ | 24.6% | 5 | 803€ |
| 1272 | Navar LTD02716755 · Tivat | <0.1% | 428,899€ | +942.3% | 27,266€ | 6.4% | 1 | 2,983€ |
| 1273 | Lucky Company Vuković03177653 · Herceg Novi | <0.1% | 428,704€ | +8.9% | 18,115€ | 4.2% | 3 | 452€ |
| 1274 | Hefest02970678 · Podgorica | <0.1% | 428,273€ | +14.4% | 68,823€ | 16.1% | 1 | 962€ |
| 1275 | MP Jadran02664828 · Danilovgrad | <0.1% | 428,158€ | +2.6% | -37,744€ | -8.8% | 10 | 1,063€ |
| 1276 | Niković02763923 · Podgorica | <0.1% | 427,996€ | +26.9% | 12,149€ | 2.8% | 4 | 680€ |
| 1277 | Tena02095882 · Podgorica | <0.1% | 427,337€ | -11.3% | 10,790€ | 2.5% | 9 | 701€ |
| 1278 | Pima02050242 · Kotor | <0.1% | 427,312€ | -27.5% | 10,428€ | 2.4% | 1 | 2,267€ |
| 1279 | Auto Lovćen Spi02703114 · Cetinje | <0.1% | 426,784€ | -8.4% | 23,242€ | 5.4% | 5 | 802€ |
| 1280 | Flori02680173 · Ulcinj | <0.1% | 426,576€ | +7.3% | 27,539€ | 6.5% | 4 | 814€ |
| 1281 | Društvo za Trgovinu i Zastupanje Retail Group Balkans02959755 · Podgorica | <0.1% | 426,317€ | +12.5% | 5,413€ | 1.3% | 7 | 876€ |
| 1282 | Mojan02146053 · Podgorica | <0.1% | 426,089€ | +1.6% | 19,506€ | 4.6% | 5 | 1,188€ |
| 1283 | Lunas02298139 · Podgorica | <0.1% | 426,069€ | -4.7% | -23,337€ | -5.5% | 7 | 961€ |
| 1284 | Auto Centar Avilon03629449 · Nikšić | <0.1% | 425,669€ | +81.4% | 19,751€ | 4.6% | 2 | 421€ |
| 1285 | Grimbuilding03408906 · Nikšić | <0.1% | 425,481€ | -6.7% | 20,544€ | 4.8% | 1 | 940€ |
| 1286 | Monolith Mne Logistik03627969 · Budva | <0.1% | 425,064€ | +98.7% | 1,481€ | 0.3% | 1 | — |
| 1287 | Mag Company03057836 · Podgorica | <0.1% | 424,209€ | +4.0% | 7,655€ | 1.8% | 5 | 1,039€ |
| 1288 | Trgoflora03423042 · Herceg Novi | <0.1% | 423,364€ | +84.9% | 155,116€ | 36.6% | 5 | 1,059€ |
| 1289 | Bogmerc Sjekloća03176550 · Nikšić | <0.1% | 423,197€ | +4.9% | 10,084€ | 2.4% | 2 | 437€ |
| 1290 | Fresh Milk02461129 · Rožaje | <0.1% | 423,085€ | +10.6% | 44,594€ | 10.5% | 5 | 828€ |
| 1291 | Kerber Gold03783065 · Podgorica | <0.1% | 422,912€ | No filing for 2024. | -12,841€ | -3.0% | 2 | 391€ |
| 1292 | Ana i Nina02876540 · Pljevlja | <0.1% | 422,719€ | +6.3% | -1,979€ | -0.5% | 5 | 671€ |
| 1293 | Indom02308568 · Podgorica | <0.1% | 422,398€ | -2.2% | 3,883€ | 0.9% | 4 | 545€ |
| 1294 | Dunk Shop Montenegro03535975 · Podgorica | <0.1% | 422,053€ | +7.7% | 16,700€ | 4.0% | 3 | 1,026€ |
| 1295 | Group Trade03030636 · Podgorica | <0.1% | 421,229€ | +26.7% | 51,842€ | 12.3% | 4 | 688€ |
| 1296 | Montenegro Stone Center02427877 · Podgorica | <0.1% | 420,363€ | +64.8% | 24,599€ | 5.9% | 2 | 1,275€ |
| 1297 | Opticus Montenegro03236242 · Podgorica | <0.1% | 420,314€ | +27.1% | 68,384€ | 16.3% | 2 | 1,029€ |
| 1298 | Gruppo Daef03262391 · Podgorica | <0.1% | 420,307€ | +47.9% | -6,216€ | -1.5% | 1 | 2,139€ |
| 1299 | Marpet02725720 · Bar | <0.1% | 419,702€ | +129.9% | 38,034€ | 9.1% | 9 | 897€ |
| 1300 | Monteprom02287650 · Podgorica | <0.1% | 418,579€ | +7.4% | 11,940€ | 2.9% | 4 | 701€ |