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 2101–2150 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* |
|---|
| 2101 | Pejo Commerce02170507 · Podgorica | <0.1% | 178,611€ | +25,898.7% | -35,428€ | -19.8% | 2 | 704€ |
| 2102 | Bitrelic03487458 · Podgorica | <0.1% | 178,380€ | +204.7% | 123,684€ | 69.3% | 2 | 1,377€ |
| 2103 | BBS - Conecting02226111 · Podgorica | <0.1% | 178,206€ | +0.6% | -9,419€ | -5.3% | 1 | 675€ |
| 2104 | Makica Company03248976 · Budva | <0.1% | 177,732€ | +24.6% | 31,755€ | 17.9% | 4 | 793€ |
| 2105 | Market Bistro03621855 · Nikšić | <0.1% | 177,625€ | +22.3% | 1,378€ | 0.8% | 5 | 817€ |
| 2106 | Euro Deal03152839 · Podgorica | <0.1% | 177,580€ | +19.1% | -7,138€ | -4.0% | 2 | 1,921€ |
| 2107 | Genex Petrol03468852 · Berane | <0.1% | 177,336€ | +4.2% | 3,057€ | 1.7% | 11 | 1,151€ |
| 2108 | Bogutovo-Montenegro03156036 · Budva | <0.1% | 177,061€ | +46.0% | 5,363€ | 3.0% | 1 | 678€ |
| 2109 | Velmos - Trade02761386 · Podgorica | <0.1% | 176,666€ | +65.6% | 1,521€ | 0.9% | 2 | 593€ |
| 2110 | Hermann03367444 · Budva | <0.1% | 176,391€ | -72.5% | 160,277€ | 90.9% | 1 | 453€ |
| 2111 | Optika Dino03355098 · Bar | <0.1% | 175,960€ | +4.2% | 17,678€ | 10.0% | 5 | 979€ |
| 2112 | JS Group03259064 · Podgorica | <0.1% | 175,952€ | -52.7% | 7,573€ | 4.3% | 1 | 739€ |
| 2113 | Fiha03324435 · Podgorica | <0.1% | 175,935€ | +39.2% | 17,826€ | 10.1% | 3 | 1,234€ |
| 2114 | Mažestik02097222 · Podgorica | <0.1% | 175,720€ | -41.6% | -3,862€ | -2.2% | 2 | 678€ |
| 2115 | M Commerce02366711 · Ulcinj | <0.1% | 175,628€ | +3.0% | -15,394€ | -8.8% | 9 | 661€ |
| 2116 | Barstil02797933 · Berane | <0.1% | 175,539€ | -4.1% | 10,859€ | 6.2% | 1 | 849€ |
| 2117 | Cllasic02865769 · Ulcinj | <0.1% | 175,465€ | +1.0% | -3,049€ | -1.7% | 4 | 970€ |
| 2118 | Ap 123403576965 · Kotor | <0.1% | 175,249€ | +95.4% | 42,855€ | 24.5% | 1 | 339€ |
| 2119 | Manor Living03664449 · Tivat | <0.1% | 174,997€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,368€ | -1.4% | 3 | 841€ |
| 2120 | Nestle Adriatic Crna Gora02305453 · Podgorica | <0.1% | 174,826€ | -1.5% | 7,145€ | 4.1% | 3 | 3,292€ |
| 2121 | Porfira03327493 · Podgorica | <0.1% | 174,791€ | +68.3% | 19,881€ | 11.4% | 2 | 1,075€ |
| 2122 | W Solutions03593657 · Podgorica | <0.1% | 174,668€ | -9.3% | 113,610€ | 65.0% | 1 | 2,623€ |
| 2123 | Ping02980142 · Berane | <0.1% | 174,640€ | +40.5% | -2,632€ | -1.5% | 4 | 1,570€ |
| 2124 | Ith Trading Co02876485 · Podgorica | <0.1% | 174,636€ | +54.7% | 120,437€ | 69.0% | 2 | 683€ |
| 2125 | Žabljak - Petrol02752557 · Žabljak | <0.1% | 174,532€ | +24.1% | 8,903€ | 5.1% | 12 | 1,090€ |
| 2126 | RR Cijevna03394638 · Podgorica | <0.1% | 174,395€ | +44.0% | 50,712€ | 29.1% | 2 | 678€ |
| 2127 | Smokeshow Mne03604128 · Podgorica | <0.1% | 174,282€ | +154.3% | 7,310€ | 4.2% | 3 | 768€ |
| 2128 | Tenacity03654133 · Tivat | <0.1% | 174,207€ | +78.6% | 22,162€ | 12.7% | 4 | 751€ |
| 2129 | Honel-Electronic02955580 · Bar | <0.1% | 174,145€ | +22.4% | -20,654€ | -11.9% | 7 | 462€ |
| 2130 | Košuta Stone03094189 · Podgorica | <0.1% | 174,038€ | +42.9% | 130€ | 0.1% | 2 | 491€ |
| 2131 | Dado & Andjela02921065 · Kolašin | <0.1% | 173,899€ | -16.3% | 472€ | 0.3% | 3 | 674€ |
| 2132 | Bisernica Com03240029 · Rožaje | <0.1% | 173,435€ | +18.2% | 1,423€ | 0.8% | 13 | 1,027€ |
| 2133 | Bark Park03214150 · Podgorica | <0.1% | 173,263€ | +15.7% | 17,877€ | 10.3% | 1 | 1,404€ |
| 2134 | Macona02271869 · Podgorica | <0.1% | 172,789€ | -19.4% | 6,391€ | 3.7% | 1 | 1,534€ |
| 2135 | Goca Company02907151 · Podgorica | <0.1% | 171,993€ | -37.4% | -7,098€ | -4.1% | 2 | 733€ |
| 2136 | Agrogas03634418 · Bijelo Polje | <0.1% | 171,983€ | +201.9% | 47,700€ | 27.7% | 2 | 733€ |
| 2137 | MG Nova02304643 · Podgorica | <0.1% | 171,862€ | +187.0% | 2,800€ | 1.6% | 1 | 1,214€ |
| 2138 | Mijan - Petrol02924803 · Nikšić | <0.1% | 171,860€ | +14.1% | 9,717€ | 5.7% | 14 | 910€ |
| 2139 | Merić Komerc02131668 · Berane | <0.1% | 171,726€ | -18.2% | -53,561€ | -31.2% | 3 | — |
| 2140 | Četverac Company03364895 · Herceg Novi | <0.1% | 171,604€ | -7.9% | -5,184€ | -3.0% | 2 | 777€ |
| 2141 | Baudecor03263371 · Ulcinj | <0.1% | 171,556€ | +31.3% | 10,957€ | 6.4% | 4 | 699€ |
| 2142 | Autodok03447880 · Tivat | <0.1% | 171,523€ | +30.3% | -16,796€ | -9.8% | 2 | 901€ |
| 2143 | Platforme i Bine03084906 · Podgorica | <0.1% | 170,995€ | -14.9% | 23,593€ | 13.8% | 2 | 1,613€ |
| 2144 | Royal-Tex02181789 · Herceg Novi | <0.1% | 170,605€ | +2.1% | 2,585€ | 1.5% | 3 | 1,093€ |
| 2145 | Sweet Home VS03006956 · Podgorica | <0.1% | 170,251€ | +62.9% | -9,704€ | -5.7% | 3 | 872€ |
| 2146 | Art Gradnja PG02770547 · Podgorica | <0.1% | 170,153€ | -54.2% | 8,765€ | 5.2% | 2 | 1,664€ |
| 2147 | Monte Mat03160467 · Podgorica | <0.1% | 170,127€ | -11.1% | 4,064€ | 2.4% | 2 | 650€ |
| 2148 | Radičević03057810 · Berane | <0.1% | 169,925€ | +6.2% | -19,911€ | -11.7% | 4 | 2,379€ |
| 2149 | Master Wine03682404 · Podgorica | <0.1% | 169,912€ | +397.6% | 1,631€ | 1.0% | 1 | 450€ |
| 2150 | Photo Card03112632 · Podgorica | <0.1% | 169,851€ | +27.3% | 14,899€ | 8.8% | 1 | — |