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 1351–1400 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* |
|---|
| 1351 | Mesoprom-Div02853841 · Tivat | <0.1% | 397,157€ | +12.0% | 9,249€ | 2.3% | 2 | 662€ |
| 1352 | Finish Montenegro02882159 · Podgorica | <0.1% | 396,807€ | -29.9% | 18,761€ | 4.7% | 2 | 866€ |
| 1353 | Herbora02458675 · Budva | <0.1% | 395,933€ | +7.4% | 17,806€ | 4.5% | 4 | 822€ |
| 1354 | Connect Mobile03052818 · Podgorica | <0.1% | 394,508€ | +153.8% | 28,381€ | 7.2% | 10 | 467€ |
| 1355 | Nik Boje03179095 · Nikšić | <0.1% | 394,469€ | +6.0% | 12,660€ | 3.2% | 5 | 987€ |
| 1356 | Kit Monte03454380 · Podgorica | <0.1% | 393,591€ | +159.6% | -2,902€ | -0.7% | 6 | 807€ |
| 1357 | KV-Technologies03622541 · Podgorica | <0.1% | 393,106€ | +93.6% | 29,469€ | 7.5% | 3 | 539€ |
| 1358 | Mix Markt 380703614255 · Budva | <0.1% | 393,014€ | -6.4% | -13,830€ | -3.5% | 4 | 959€ |
| 1359 | Queen Butik03334341 · Budva | <0.1% | 391,553€ | +28.4% | 28,830€ | 7.4% | 10 | 681€ |
| 1360 | Vigor Agency03439801 · Budva | <0.1% | 391,033€ | -14.1% | 180,824€ | 46.2% | 2 | 4,634€ |
| 1361 | Fenrir03645207 · Podgorica | <0.1% | 389,925€ | +69.8% | 11,652€ | 3.0% | 7 | 973€ |
| 1362 | Stilšop02649748 · Andrijevica | <0.1% | 389,469€ | +22.8% | 9,156€ | 2.4% | 6 | 934€ |
| 1363 | Pega Trade02156881 · Podgorica | <0.1% | 389,369€ | +3.9% | 2,489€ | 0.6% | 4 | 537€ |
| 1364 | Alex Engineering03422232 · Podgorica | <0.1% | 389,259€ | +232.4% | 33,270€ | 8.5% | 1 | 926€ |
| 1365 | Ag Komerc02774542 · Berane | <0.1% | 389,139€ | -3.6% | 5,005€ | 1.3% | 8 | 691€ |
| 1366 | Color Forum03038947 · Podgorica | <0.1% | 389,117€ | +15.6% | 2,797€ | 0.7% | 4 | 887€ |
| 1367 | Došljak02228459 · Tivat | <0.1% | 388,895€ | +6.2% | 6,903€ | 1.8% | 3 | 1,295€ |
| 1368 | Kurti Company03535037 · Ulcinj | <0.1% | 388,836€ | +6.4% | 25,014€ | 6.4% | 1 | 1,046€ |
| 1369 | Balduš02746123 · Podgorica | <0.1% | 388,524€ | -6.8% | 35,317€ | 9.1% | 1 | 2,066€ |
| 1370 | Dis02059720 · Nikšić | <0.1% | 388,208€ | -7.0% | 24,137€ | 6.2% | 3 | 1,269€ |
| 1371 | Market C03141624 · Bar | <0.1% | 387,462€ | +23.0% | 4,904€ | 1.3% | 4 | 749€ |
| 1372 | Vučeljić Komerc02104156 · Berane | <0.1% | 386,607€ | +14.9% | 16,894€ | 4.4% | 1 | 2,178€ |
| 1373 | Mass-Light03717160 · Kotor | <0.1% | 386,286€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 36,171€ | 9.4% | 4 | 1,181€ |
| 1374 | Gretva Trade02156571 · Bar | <0.1% | 385,842€ | +0.9% | 58,411€ | 15.1% | 6 | 892€ |
| 1375 | Kos Cars03743454 · Nikšić | <0.1% | 385,246€ | No filing for 2024. | 5,862€ | 1.5% | 2 | 487€ |
| 1376 | Duga Trade02830531 · Zeta | <0.1% | 385,193€ | +11.5% | 30,505€ | 7.9% | 6 | 927€ |
| 1377 | LTC Commerce03617122 · Nikšić | <0.1% | 385,091€ | +38,409.1% | 26,088€ | 6.8% | 1 | 449€ |
| 1378 | BT Company03046257 · Podgorica | <0.1% | 383,791€ | -7.3% | 3,177€ | 0.8% | 4 | 976€ |
| 1379 | Spectar Commerce - Trend03354865 · Herceg Novi | <0.1% | 383,577€ | -62.3% | -29,324€ | -7.6% | 3 | 1,928€ |
| 1380 | Forma S03252710 · Herceg Novi | <0.1% | 382,883€ | +99.8% | 33,396€ | 8.7% | 4 | 1,097€ |
| 1381 | Vukadinović Commerc02753251 · Cetinje | <0.1% | 382,512€ | +31.7% | 2,796€ | 0.7% | 4 | 736€ |
| 1382 | Petar Plast03665259 · Podgorica | <0.1% | 381,816€ | +70.3% | 26,669€ | 7.0% | 1 | 339€ |
| 1383 | Kolpa Zeta02381869 · Kotor | <0.1% | 381,327€ | -5.4% | 13,370€ | 3.5% | 2 | 1,503€ |
| 1384 | Agro-Oil03158543 · Podgorica | <0.1% | 380,974€ | -35.2% | 4,305€ | 1.1% | 2 | 1,055€ |
| 1385 | Napa Trade02884445 · Bar | <0.1% | 380,554€ | +29.0% | 21,299€ | 5.6% | 4 | 834€ |
| 1386 | Dalton02234947 · Herceg Novi | <0.1% | 380,002€ | -16.3% | 1,536€ | 0.4% | 4 | 917€ |
| 1387 | Ristov LDN03062163 · Bar | <0.1% | 379,854€ | +9.3% | 2,991€ | 0.8% | 2 | 677€ |
| 1388 | Dani Comm02705800 · Ulcinj | <0.1% | 379,723€ | -3.3% | 3,967€ | 1.0% | 2 | 797€ |
| 1389 | Temetum03096424 · Budva | <0.1% | 378,399€ | +5.4% | 86,195€ | 22.8% | 1 | 3,328€ |
| 1390 | Elemento-Grafički Materijali03657361 · Podgorica | <0.1% | 377,955€ | +122.6% | 23,291€ | 6.2% | 4 | 862€ |
| 1391 | Noble Interiors03674967 · Budva | <0.1% | 377,730€ | +707.5% | 84,330€ | 22.3% | 1 | 425€ |
| 1392 | Tošmil Zti03087352 · Podgorica | <0.1% | 377,025€ | -15.0% | 27,405€ | 7.3% | 5 | 978€ |
| 1393 | Monolith Mne Distribution03466507 · Budva | <0.1% | 376,842€ | -60.8% | 3,820€ | 1.0% | 1 | 340€ |
| 1394 | Plan C02626292 · Podgorica | <0.1% | 375,532€ | +10.7% | 15,721€ | 4.2% | 5 | 671€ |
| 1395 | U.N. System02431769 · Bar | <0.1% | 375,218€ | +14.4% | 10,711€ | 2.9% | 5 | 1,177€ |
| 1396 | Quantum02742993 · Podgorica | <0.1% | 374,254€ | +0.2% | 33,605€ | 9.0% | 6 | 1,061€ |
| 1397 | Šareni Kiosk02672103 · Herceg Novi | <0.1% | 373,690€ | +74.0% | -17,709€ | -4.7% | 5 | 773€ |
| 1398 | Agromag03122646 · Podgorica | <0.1% | 373,458€ | +77.9% | 29,302€ | 7.8% | 2 | 1,634€ |
| 1399 | Goldauto02868563 · Tuzi | <0.1% | 372,558€ | +44.1% | 31,820€ | 8.5% | 2 | 1,781€ |
| 1400 | Hard Net02295113 · Nikšić | <0.1% | 372,152€ | +6.5% | 734€ | 0.2% | 8 | 907€ |