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 2401–2450 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* |
|---|
| 2401 | Web Tech03736261 · Bijelo Polje | <0.1% | 131,706€ | No filing for 2024. | 2,664€ | 2.0% | 3 | 516€ |
| 2402 | Volt03074927 · Budva | <0.1% | 131,571€ | -8.9% | -8,167€ | -6.2% | 3 | 1,030€ |
| 2403 | Eko - Petrol02747006 · Danilovgrad | <0.1% | 131,522€ | +16.5% | 34,073€ | 25.9% | 3 | 462€ |
| 2404 | Tara Gift Shop03012760 · Kotor | <0.1% | 131,487€ | +9.7% | 25,182€ | 19.2% | 2 | 2,100€ |
| 2405 | Dizel-Bosh Servis Joksimović02618729 · Podgorica | <0.1% | 131,365€ | +16.8% | 742€ | 0.6% | 6 | 765€ |
| 2406 | Deniz Textil03537145 · Podgorica | <0.1% | 131,311€ | -9.7% | -8,415€ | -6.4% | 3 | 792€ |
| 2407 | Mučić - Company02635399 · Podgorica | <0.1% | 131,265€ | -13.9% | 9,876€ | 7.5% | 5 | 804€ |
| 2408 | Minerva Maritime03728935 · Podgorica | <0.1% | 131,159€ | No filing for 2024. | 82,385€ | 62.8% | 1 | — |
| 2409 | Martimarket02967430 · Tuzi | <0.1% | 131,150€ | +29.0% | -7,394€ | -5.6% | 2 | 688€ |
| 2410 | Music02832909 · Herceg Novi | <0.1% | 131,113€ | -42.8% | -13,729€ | -10.5% | 3 | 617€ |
| 2411 | Tradecomerc02438046 · Bijelo Polje | <0.1% | 131,027€ | -3.8% | 3,571€ | 2.7% | 5 | 654€ |
| 2412 | Family Vet03021629 · Nikšić | <0.1% | 131,025€ | +25.6% | 1,560€ | 1.2% | 7 | 733€ |
| 2413 | Lider Keramika03360156 · Nikšić | <0.1% | 130,979€ | -0.4% | 14,364€ | 11.0% | 2 | 797€ |
| 2414 | Aerton03280837 · Nikšić | <0.1% | 130,667€ | +6.4% | 2,840€ | 2.2% | 3 | 858€ |
| 2415 | 5-M-Mmmid02697505 · Andrijevica | <0.1% | 130,253€ | +37.0% | 6,043€ | 4.6% | 5 | 576€ |
| 2416 | I&J Company03705781 · Nikšić | <0.1% | 130,204€ | +7,456.8% | -2,072€ | -1.6% | 1 | 1,533€ |
| 2417 | Bare Company03046699 · Podgorica | <0.1% | 130,038€ | +22.2% | 8,446€ | 6.5% | 2 | 741€ |
| 2418 | Adam Stone of Montenegro03234401 · Podgorica | <0.1% | 129,603€ | -40.4% | -12,612€ | -9.7% | 3 | 1,267€ |
| 2419 | Ivb - Laković03009360 · Nikšić | <0.1% | 129,384€ | +2.3% | -8,334€ | -6.4% | 4 | 772€ |
| 2420 | Proweld03635473 · Zeta | <0.1% | 129,297€ | +179.3% | 6,650€ | 5.1% | 2 | 303€ |
| 2421 | Elpro02434512 · Podgorica | <0.1% | 129,236€ | +4.3% | 3,117€ | 2.4% | 1 | 677€ |
| 2422 | Granoff03247449 · Tivat | <0.1% | 129,209€ | +20.2% | -567,309€ | -439.1% | 14 | 1,539€ |
| 2423 | Flamingo - M03039129 · Pljevlja | <0.1% | 129,199€ | -6.1% | -51,551€ | -39.9% | 10 | 713€ |
| 2424 | K.L.K Company02895293 · Podgorica | <0.1% | 129,075€ | +139.1% | 3,867€ | 3.0% | 2 | 778€ |
| 2425 | Bitrović02321513 · Bar | <0.1% | 129,062€ | -24.1% | 556€ | 0.4% | 3 | 525€ |
| 2426 | Chersea03542157 · Podgorica | <0.1% | 128,916€ | +173.8% | 2,469€ | 1.9% | 3 | 842€ |
| 2427 | Bar Fish Trade03313751 · Bar | <0.1% | 128,849€ | +15.0% | 17,369€ | 13.5% | 2 | 396€ |
| 2428 | Nomien03460118 · Podgorica | <0.1% | 128,636€ | +72.0% | 17,209€ | 13.4% | 2 | 1,889€ |
| 2429 | Bovanelo03370437 · Tivat | <0.1% | 128,504€ | +72.2% | 11,708€ | 9.1% | 3 | 648€ |
| 2430 | Regency International Mne03737551 · Podgorica | <0.1% | 128,151€ | No filing for 2024. | -122,154€ | -95.3% | 4 | 1,891€ |
| 2431 | Prom SM-Company02310988 · Herceg Novi | <0.1% | 127,478€ | -1.6% | 7,323€ | 5.7% | 3 | 890€ |
| 2432 | DDM - HN03226662 · Herceg Novi | <0.1% | 127,411€ | -48.6% | 8,541€ | 6.7% | 3 | 1,245€ |
| 2433 | Raičević Co02276780 · Nikšić | <0.1% | 127,203€ | +14.4% | 2,681€ | 2.1% | 3 | 849€ |
| 2434 | Inka02628058 · Kotor | <0.1% | 127,122€ | +40.6% | -1,976€ | -1.6% | 3 | 470€ |
| 2435 | Jaguar Trade03031934 · Podgorica | <0.1% | 127,011€ | +14.3% | 6,582€ | 5.2% | 1 | 958€ |
| 2436 | Obuća Bisa02946602 · Podgorica | <0.1% | 126,898€ | +28.8% | 23,362€ | 18.4% | 6 | 700€ |
| 2437 | Antaeus02297370 · Nikšić | <0.1% | 126,835€ | -4.8% | 57€ | 0.0% | 3 | 856€ |
| 2438 | Montephoto02301261 · Podgorica | <0.1% | 126,603€ | +15.0% | 12,333€ | 9.7% | 4 | 741€ |
| 2439 | Bonny03006743 · Danilovgrad | <0.1% | 126,599€ | +27.6% | -3,502€ | -2.8% | 3 | 564€ |
| 2440 | Vatrometi Vuković02338114 · Podgorica | <0.1% | 126,541€ | -6.0% | -13,487€ | -10.7% | 3 | 1,590€ |
| 2441 | Union Projekt02798034 · Podgorica | <0.1% | 126,269€ | +41.1% | 169€ | 0.1% | 1 | 1,314€ |
| 2442 | Mitrović i Ortaci02325560 · Podgorica | <0.1% | 125,928€ | +3.2% | 376€ | 0.3% | 3 | 405€ |
| 2443 | Spectra02735245 · Herceg Novi | <0.1% | 125,601€ | -8.7% | -5,583€ | -4.4% | 3 | 575€ |
| 2444 | Sea Fish03371743 · Bar | <0.1% | 125,447€ | +14.5% | 880€ | 0.7% | 3 | 360€ |
| 2445 | MDM Electronics02457296 · Podgorica | <0.1% | 125,364€ | +14.6% | 11,770€ | 9.4% | 4 | 1,011€ |
| 2446 | MTM Plus03089339 · Bar | <0.1% | 125,218€ | +10.1% | 1,740€ | 1.4% | 2 | 1,865€ |
| 2447 | B To B03417166 · Podgorica | <0.1% | 124,864€ | -4.1% | 23,212€ | 18.6% | 2 | 554€ |
| 2448 | Montenegro Truck02800624 · Zeta | <0.1% | 124,168€ | +24.4% | 1,470€ | 1.2% | 2 | 430€ |
| 2449 | Nektar Trade03554872 · Podgorica | <0.1% | 124,138€ | -21.6% | -1,549€ | -1.2% | 3 | 712€ |
| 2450 | Pro Studio Ssa03115500 · Bijelo Polje | <0.1% | 124,063€ | +9.5% | 5,044€ | 4.1% | 1 | 2,821€ |