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 1901–1950 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* |
|---|
| 1901 | Novaković02435276 · Zeta | <0.1% | 216,398€ | -16.6% | -35,485€ | -16.4% | 8 | 634€ |
| 1902 | Migros Company03344975 · Podgorica | <0.1% | 216,244€ | +107.1% | 450€ | 0.2% | 1 | 1,938€ |
| 1903 | Luxury Marine Toys03566650 · Tivat | <0.1% | 216,216€ | +395.1% | 8,508€ | 3.9% | 2 | 1,332€ |
| 1904 | Maja & Jole02791382 · Nikšić | <0.1% | 215,999€ | +36.8% | 7,171€ | 3.3% | 4 | 709€ |
| 1905 | SB 2802985233 · Tivat | <0.1% | 215,996€ | +6.8% | 8,190€ | 3.8% | 5 | 608€ |
| 1906 | Timked02320657 · Podgorica | <0.1% | 215,569€ | +5.9% | 34,922€ | 16.2% | 4 | 925€ |
| 1907 | F.P.S. Novak03068986 · Podgorica | <0.1% | 215,276€ | -4.9% | 46,774€ | 21.7% | 3 | 526€ |
| 1908 | Puravera03699676 · Podgorica | <0.1% | 215,138€ | +275.3% | 3,288€ | 1.5% | 1 | 1,154€ |
| 1909 | MN-Fruit03754049 · Zeta | <0.1% | 215,025€ | No filing for 2024. | 10,538€ | 4.9% | 1 | 453€ |
| 1910 | Automania N03078795 · Kolašin | <0.1% | 215,021€ | +27.6% | -104€ | -0.0% | 2 | 539€ |
| 1911 | Smyrna03123855 · Kotor | <0.1% | 214,368€ | -14.0% | 24,869€ | 11.6% | 4 | 664€ |
| 1912 | Main Health03382109 · Bar | <0.1% | 214,367€ | +41.1% | -14,990€ | -7.0% | 5 | 710€ |
| 1913 | Spanix03031632 · Pljevlja | <0.1% | 213,536€ | +21.7% | 38,616€ | 18.1% | 2 | 810€ |
| 1914 | Fa Yuan02657996 · Tuzi | <0.1% | 213,146€ | +26.6% | 24,576€ | 11.5% | 2 | 804€ |
| 1915 | Kika Pharm03570088 · Podgorica | <0.1% | 213,014€ | +156.3% | 19,040€ | 8.9% | 1 | 1,130€ |
| 1916 | Unagi03429245 · Podgorica | <0.1% | 212,957€ | +244.6% | -8,207€ | -3.9% | 1 | 2,990€ |
| 1917 | Ideal Din Co03011402 · Danilovgrad | <0.1% | 212,865€ | +60.5% | 1,355€ | 0.6% | 4 | 732€ |
| 1918 | Pet Centar03082016 · Bar | <0.1% | 212,504€ | -17.8% | 7,437€ | 3.5% | 6 | 660€ |
| 1919 | Daki Komerc02925265 · Bar | <0.1% | 212,444€ | -22.4% | 477€ | 0.2% | 1 | 681€ |
| 1920 | Ex Market02433451 · Bijelo Polje | <0.1% | 212,406€ | +18.1% | 189€ | 0.1% | 3 | 941€ |
| 1921 | Start Over03676765 · Nikšić | <0.1% | 212,050€ | +539.7% | 19,304€ | 9.1% | 4 | 470€ |
| 1922 | Joković Prestige Plus02907291 · Nikšić | <0.1% | 211,964€ | +12.6% | 3,141€ | 1.5% | 6 | 546€ |
| 1923 | Maestro Mne03152740 · Podgorica | <0.1% | 211,809€ | +92.3% | 35,480€ | 16.8% | 3 | 2,027€ |
| 1924 | Slavica Đ02781255 · Tivat | <0.1% | 211,769€ | +21.5% | 12,800€ | 6.0% | 3 | 450€ |
| 1925 | Mobileland Accessories02938529 · Kotor | <0.1% | 211,748€ | -21.2% | 22,268€ | 10.5% | 8 | 815€ |
| 1926 | Sbo Crna Gora03241696 · Podgorica | <0.1% | 211,401€ | +161.3% | 41,924€ | 19.8% | 1 | 1,402€ |
| 1927 | ALL.COM02875730 · Podgorica | <0.1% | 211,123€ | +21.2% | 45,537€ | 21.6% | 3 | 1,408€ |
| 1928 | Agro-Anem02815222 · Rožaje | <0.1% | 210,480€ | +19.3% | 4,715€ | 2.2% | 1 | 752€ |
| 1929 | Vodokom03782018 · Podgorica | <0.1% | 210,365€ | No filing for 2024. | 21,755€ | 10.3% | 1 | 443€ |
| 1930 | Koka CS03279120 · Nikšić | <0.1% | 210,165€ | +60.8% | 16,116€ | 7.7% | 5 | 982€ |
| 1931 | Altec02810824 · Nikšić | <0.1% | 209,544€ | -12.8% | 39,076€ | 18.6% | 3 | 1,045€ |
| 1932 | Bali03092003 · Herceg Novi | <0.1% | 209,414€ | +65.1% | 7,015€ | 3.3% | 4 | 2,135€ |
| 1933 | Ekupi CG02858177 · Podgorica | <0.1% | 209,313€ | -56.9% | -94,936€ | -45.4% | 5 | 1,295€ |
| 1934 | 35 Izmir03226506 · Budva | <0.1% | 209,233€ | +9.6% | 807€ | 0.4% | 1 | 928€ |
| 1935 | Eco - Term Com03148742 · Rožaje | <0.1% | 209,160€ | +29.7% | -5,968€ | -2.9% | 3 | 881€ |
| 1936 | Ražnatović02015501 · Podgorica | <0.1% | 209,138€ | +0.7% | -17,357€ | -8.3% | 6 | 1,054€ |
| 1937 | Suhong03117006 · Tuzi | <0.1% | 208,989€ | +106.6% | -76,410€ | -36.6% | 1 | 929€ |
| 1938 | Cezar Montenegro03059430 · Nikšić | <0.1% | 208,668€ | -8.2% | 2,593€ | 1.2% | 2 | 810€ |
| 1939 | Lenapharm03541894 · Bar | <0.1% | 208,449€ | +8.7% | 11,833€ | 5.7% | 2 | 905€ |
| 1940 | Denn03122379 · Podgorica | <0.1% | 208,415€ | -52.9% | 59,529€ | 28.6% | 4 | 360€ |
| 1941 | Jasi Commerce02087715 · Podgorica | <0.1% | 208,415€ | +18.2% | 4,529€ | 2.2% | 3 | 614€ |
| 1942 | Kašmir Home03641961 · Podgorica | <0.1% | 208,401€ | +327.4% | 2,166€ | 1.0% | 2 | 1,225€ |
| 1943 | Ranch Trade03457613 · Podgorica | <0.1% | 208,219€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 47,160€ | 22.6% | 1 | 1,993€ |
| 1944 | Zej Company02211742 · Podgorica | <0.1% | 207,984€ | +11.4% | -1,733€ | -0.8% | 2 | 621€ |
| 1945 | Palata Trade02225867 · Herceg Novi | <0.1% | 207,940€ | -13.5% | 841€ | 0.4% | 8 | 721€ |
| 1946 | Fervente02290529 · Podgorica | <0.1% | 207,910€ | +41.8% | 9,661€ | 4.6% | 5 | 616€ |
| 1947 | Greentech Mne03502236 · Tuzi | <0.1% | 207,305€ | +1.5% | 5,706€ | 2.8% | 4 | 658€ |
| 1948 | Hong Da02314568 · Tuzi | <0.1% | 207,296€ | +110.0% | 7,095€ | 3.4% | 1 | 677€ |
| 1949 | Immortelle03602354 · Podgorica | <0.1% | 207,265€ | -11.0% | 20,364€ | 9.8% | 4 | 662€ |
| 1950 | Auto Servis Arsović02879620 · Berane | <0.1% | 207,233€ | +41.5% | 36,129€ | 17.4% | 1 | 1,008€ |