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 1301–1350 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* |
|---|
| 1301 | Regeneracija Eko03648265 · Podgorica | <0.1% | 418,385€ | +171.8% | 1,701€ | 0.4% | 2 | 1,036€ |
| 1302 | Vic Fil02223783 · Kotor | <0.1% | 418,278€ | -17.3% | 20,934€ | 5.0% | 15 | 941€ |
| 1303 | Xenex02675447 · Nikšić | <0.1% | 418,029€ | -10.3% | 13,206€ | 3.2% | 17 | 582€ |
| 1304 | Progresiv02420953 · Podgorica | <0.1% | 417,674€ | +20.1% | 89,758€ | 21.5% | 5 | 602€ |
| 1305 | Elegant - BP02779005 · Bijelo Polje | <0.1% | 417,656€ | +167.6% | 15,853€ | 3.8% | 12 | 725€ |
| 1306 | Farmasi Montenegro02995999 · Podgorica | <0.1% | 416,771€ | -16.9% | 18,769€ | 4.5% | 6 | 1,321€ |
| 1307 | Mira-Jova02457466 · Herceg Novi | <0.1% | 416,429€ | -8.3% | 21,936€ | 5.3% | 6 | 760€ |
| 1308 | K Universal02624796 · Bar | <0.1% | 416,340€ | -1.3% | -11,085€ | -2.7% | 5 | 681€ |
| 1309 | Rinaldi03533123 · Podgorica | <0.1% | 416,251€ | +62.7% | 8,037€ | 1.9% | 2 | 611€ |
| 1310 | Oluk Crna Gora02849925 · Danilovgrad | <0.1% | 416,204€ | -12.3% | 53,497€ | 12.9% | 3 | 1,777€ |
| 1311 | M.R. Maja02439581 · Bijelo Polje | <0.1% | 415,065€ | +5.2% | 8,229€ | 2.0% | 7 | 805€ |
| 1312 | Kalezić Gradnja03232999 · Bar | <0.1% | 414,929€ | -18.5% | 59,414€ | 14.3% | 1 | 1,280€ |
| 1313 | Alquds02420554 · Podgorica | <0.1% | 414,704€ | -8.2% | 5,196€ | 1.3% | 3 | 584€ |
| 1314 | Vami02132524 · Podgorica | <0.1% | 414,599€ | +19.5% | 123,921€ | 29.9% | 6 | 648€ |
| 1315 | Bi Trade Montenegro03344061 · Podgorica | <0.1% | 414,398€ | -13.7% | -23,089€ | -5.6% | 5 | 750€ |
| 1316 | Optima Pharm03121348 · Podgorica | <0.1% | 412,982€ | +13.5% | 10,377€ | 2.5% | 4 | 1,179€ |
| 1317 | Rotomix03103854 · Podgorica | <0.1% | 411,690€ | +19.8% | 16,447€ | 4.0% | 3 | 813€ |
| 1318 | Vipex02190516 · Herceg Novi | <0.1% | 411,433€ | -31.5% | -95,106€ | -23.1% | 23 | 936€ |
| 1319 | Eorial03524515 · Podgorica | <0.1% | 411,000€ | +12.4% | 115,333€ | 28.1% | 1 | 2,344€ |
| 1320 | Wagen Guma03138607 · Bijelo Polje | <0.1% | 410,998€ | +28.9% | 20,978€ | 5.1% | 5 | 674€ |
| 1321 | Monolith Mne Import03470610 · Budva | <0.1% | 410,556€ | -23.4% | 2,673€ | 0.7% | 1 | 930€ |
| 1322 | Agroseme-Panonija CG02855895 · Podgorica | <0.1% | 409,571€ | No filing for 2024. | 38,655€ | 9.4% | 1 | 1,100€ |
| 1323 | Biromont02249286 · Podgorica | <0.1% | 409,332€ | +24.8% | 38,966€ | 9.5% | 7 | 923€ |
| 1324 | Koves Plus03095690 · Herceg Novi | <0.1% | 409,155€ | +14.0% | 10,395€ | 2.5% | 5 | 675€ |
| 1325 | Apoteka Maxima02318890 · Podgorica | <0.1% | 408,480€ | +65.8% | 2,558€ | 0.6% | 3 | 1,713€ |
| 1326 | Artec Montenegro02450534 · Podgorica | <0.1% | 407,437€ | +228.3% | 193,930€ | 47.6% | 1 | 1,224€ |
| 1327 | Tri S Company02923467 · Plav | <0.1% | 407,409€ | +5.0% | 45,091€ | 11.1% | 4 | 1,088€ |
| 1328 | Belli B&D Company03340791 · Danilovgrad | <0.1% | 407,258€ | +31.6% | 33,796€ | 8.3% | 1 | 1,054€ |
| 1329 | Agrotrend03260836 · Podgorica | <0.1% | 406,469€ | +30.9% | 35,427€ | 8.7% | 2 | 1,272€ |
| 1330 | Mall02750899 · Tuzi | <0.1% | 406,438€ | +23.3% | 44,346€ | 10.9% | 5 | 764€ |
| 1331 | VMB Dedić02357275 · Podgorica | <0.1% | 405,439€ | +12.9% | 10,294€ | 2.5% | 5 | 673€ |
| 1332 | Nebo Jan02755238 · Podgorica | <0.1% | 405,409€ | -19.9% | 28,001€ | 6.9% | 7 | 746€ |
| 1333 | Evm Group03039897 · Ulcinj | <0.1% | 405,329€ | +6.9% | 57,523€ | 14.2% | 6 | 658€ |
| 1334 | Pharmanova02878801 · Podgorica | <0.1% | 405,243€ | +6.1% | 0€ | 0.0% | 4 | 4,824€ |
| 1335 | Uroš Promet03364518 · Zeta | <0.1% | 404,724€ | -6.2% | -262,667€ | -64.9% | 1 | 856€ |
| 1336 | Podgorsped02118874 · Bar | <0.1% | 404,674€ | +7.8% | 12,478€ | 3.1% | 3 | 1,746€ |
| 1337 | Montens02414767 · Herceg Novi | <0.1% | 404,375€ | -8.8% | -2,641€ | -0.7% | 1 | 2,582€ |
| 1338 | Autodream03625427 · Cetinje | <0.1% | 404,187€ | +2.4% | 2,124€ | 0.5% | 2 | 339€ |
| 1339 | Autohaus D & D03206173 · Tivat | <0.1% | 403,568€ | +73.5% | 95,642€ | 23.7% | 6 | 1,195€ |
| 1340 | Step Adria03439461 · Podgorica | <0.1% | 403,284€ | +7.0% | 99,205€ | 24.6% | 4 | 643€ |
| 1341 | Beri Promm02996308 · Podgorica | <0.1% | 403,021€ | +8.3% | 11,376€ | 2.8% | 4 | 737€ |
| 1342 | Likaprom02130025 · Podgorica | <0.1% | 402,762€ | +47.4% | 2,038€ | 0.5% | 10 | 622€ |
| 1343 | Radulović Company02268868 · Herceg Novi | <0.1% | 402,045€ | +27.1% | 66,645€ | 16.6% | 8 | 1,565€ |
| 1344 | Nagrada03093611 · Tuzi | <0.1% | 401,294€ | -19.5% | 10,728€ | 2.7% | 3 | 1,268€ |
| 1345 | Optika Jovović 102741750 · Podgorica | <0.1% | 401,269€ | -1.0% | 18,075€ | 4.5% | 10 | 868€ |
| 1346 | Winn Company03129349 · Podgorica | <0.1% | 398,934€ | +40.1% | 15,184€ | 3.8% | 2 | 1,506€ |
| 1347 | Eleven Technology03122301 · Podgorica | <0.1% | 398,751€ | +49.0% | 44,005€ | 11.0% | 1 | 942€ |
| 1348 | Bratilja02691086 · Podgorica | <0.1% | 398,397€ | +44.0% | 35,520€ | 8.9% | 6 | 762€ |
| 1349 | Bosphorus Trading Company03544320 · Podgorica | <0.1% | 398,035€ | -54.4% | 6,916€ | 1.7% | 1 | 677€ |
| 1350 | Sarah Market03425657 · Ulcinj | <0.1% | 397,278€ | +6.4% | 25,566€ | 6.4% | 4 | 444€ |