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 2501–2550 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* |
|---|
| 2501 | Đ&L Co03661016 · Tivat | <0.1% | 117,817€ | +118.3% | -9,047€ | -7.7% | 3 | 844€ |
| 2502 | Lumar02635577 · Cetinje | <0.1% | 117,816€ | -49.6% | -1,934€ | -1.6% | 1 | 675€ |
| 2503 | Auto Start02439743 · Budva | <0.1% | 117,796€ | +13.8% | 65€ | 0.1% | 1 | 1,352€ |
| 2504 | DV Corse03308804 · Cetinje | <0.1% | 117,724€ | +11.0% | -24,280€ | -20.6% | 1 | 653€ |
| 2505 | Favorit Spa Montenegro03475620 | <0.1% | 117,639€ | +4.1% | 23,085€ | 19.6% | 1 | — |
| 2506 | Libero Company03081818 · Podgorica | <0.1% | 117,583€ | -12.1% | 4,098€ | 3.5% | 2 | 682€ |
| 2507 | Ivi Company02642786 · Podgorica | <0.1% | 117,414€ | -30.8% | -12,644€ | -10.8% | 5 | 329€ |
| 2508 | Rome03007090 · Kotor | <0.1% | 117,395€ | -20.8% | 3,586€ | 3.1% | 3 | 1,077€ |
| 2509 | Alchimos03537293 · Podgorica | <0.1% | 117,232€ | -84.5% | 5,466€ | 4.7% | 1 | 678€ |
| 2510 | Naša Apoteka03745082 · Pljevlja | <0.1% | 117,230€ | No filing for 2024. | -11,940€ | -10.2% | 3 | 642€ |
| 2511 | Leone Montenegro03170306 · Podgorica | <0.1% | 117,116€ | +13.6% | 6,830€ | 5.8% | 1 | 1,390€ |
| 2512 | DSL Custom03112128 · Podgorica | <0.1% | 117,109€ | +155.3% | 30,674€ | 26.2% | 1 | 2,606€ |
| 2513 | Truck Servis Esko03407756 · Tuzi | <0.1% | 117,109€ | +10.0% | -3,757€ | -3.2% | 2 | 761€ |
| 2514 | Ivmas03438724 · Berane | <0.1% | 117,105€ | +17.3% | -2,578€ | -2.2% | 4 | 1,279€ |
| 2515 | MMT02383209 · Podgorica | <0.1% | 116,603€ | +18.0% | -2,381€ | -2.0% | 3 | 684€ |
| 2516 | Pregalac CG02966921 · Zeta | <0.1% | 116,450€ | -18.3% | 1,332€ | 1.1% | 1 | 465€ |
| 2517 | Esmart Group03196208 · Podgorica | <0.1% | 116,090€ | +2.5% | -5,275€ | -4.5% | 1 | 903€ |
| 2518 | Cvjećara Cactus03368718 · Bar | <0.1% | 115,793€ | +14.3% | -12,983€ | -11.2% | 3 | 311€ |
| 2519 | Velić Company02879549 · Ulcinj | <0.1% | 115,761€ | +262.7% | 2,283€ | 2.0% | 2 | 726€ |
| 2520 | RAD&TIM03290247 · Budva | <0.1% | 115,640€ | +218.3% | 3,381€ | 2.9% | 1 | 812€ |
| 2521 | Viva CG02770148 · Herceg Novi | <0.1% | 115,256€ | -18.6% | 26,188€ | 22.7% | 1 | 931€ |
| 2522 | Damjanović-Co03086828 · Bijelo Polje | <0.1% | 115,158€ | +14.6% | 3,195€ | 2.8% | 3 | 601€ |
| 2523 | Easy Ticket03239608 · Pljevlja | <0.1% | 115,108€ | +28.4% | 37,125€ | 32.3% | 2 | 1,793€ |
| 2524 | Ice Company02261065 · Podgorica | <0.1% | 115,101€ | -10.5% | 636€ | 0.6% | 2 | 630€ |
| 2525 | Lav - S02422131 · Bar | <0.1% | 115,050€ | +15.9% | 696€ | 0.6% | 1 | 700€ |
| 2526 | Perpetuum Mobile03053539 · Podgorica | <0.1% | 114,975€ | +112.3% | 7,258€ | 6.3% | 5 | 770€ |
| 2527 | A.C. Žaro03642461 · Podgorica | <0.1% | 114,849€ | +29.9% | 22,171€ | 19.3% | 1 | 6,170€ |
| 2528 | Marko 2203052001 · Berane | <0.1% | 114,792€ | +12.9% | -10,149€ | -8.8% | 2 | 934€ |
| 2529 | Neonet CG03249735 · Podgorica | <0.1% | 114,753€ | +5.8% | -2,829€ | -2.5% | 3 | 520€ |
| 2530 | Roki-S02919729 · Bijelo Polje | <0.1% | 114,748€ | +3.2% | 1,635€ | 1.4% | 2 | 508€ |
| 2531 | Nova Luča02957604 · Cetinje | <0.1% | 114,564€ | -3.3% | -9,569€ | -8.4% | 3 | 721€ |
| 2532 | 3 Hands 202503757277 · Ulcinj | <0.1% | 114,562€ | No filing for 2024. | 8,613€ | 7.5% | 2 | 446€ |
| 2533 | Pizza BY Maestro03789667 · Nikšić | <0.1% | 114,514€ | No filing for 2024. | 5,760€ | 5.0% | 5 | 747€ |
| 2534 | Organizacija Slijepih za Kotor, Herceg Novi, Budvu i Tivat02020084 · Kotor | <0.1% | 114,472€ | -14.7% | -13,846€ | -12.1% | 6 | 1,710€ |
| 2535 | Makka Wine03250989 · Budva | <0.1% | 114,469€ | +2.3% | 4,036€ | 3.5% | 1 | 339€ |
| 2536 | Bracanović-Agrocet02340224 · Cetinje | <0.1% | 114,196€ | -19.4% | 3,680€ | 3.2% | 2 | 683€ |
| 2537 | Ev Mne03547701 · Podgorica | <0.1% | 114,112€ | +104.6% | 9,270€ | 8.1% | 1 | 678€ |
| 2538 | Junior K.M.Connect02722160 · Podgorica | <0.1% | 114,099€ | -5.4% | 239€ | 0.2% | 4 | 806€ |
| 2539 | Labeq03352137 · Podgorica | <0.1% | 114,000€ | +1,800.0% | 44,317€ | 38.9% | 1 | 900€ |
| 2540 | TSG Group03488080 · Podgorica | <0.1% | 113,953€ | -3.7% | 7,263€ | 6.4% | 2 | 1,433€ |
| 2541 | DLD Group03472884 · Ulcinj | <0.1% | 113,913€ | +49.5% | -9,147€ | -8.0% | 3 | 661€ |
| 2542 | Vilusi Petrol02752620 · Nikšić | <0.1% | 113,641€ | +23.6% | 11,587€ | 10.2% | 6 | 1,342€ |
| 2543 | Elbat02392941 · Nikšić | <0.1% | 113,232€ | +21.1% | 29,253€ | 25.8% | 1 | 1,643€ |
| 2544 | Šansa02431238 · Pljevlja | <0.1% | 113,081€ | -5.1% | 1,411€ | 1.2% | 1 | 1,628€ |
| 2545 | Stole02918269 · Budva | <0.1% | 112,755€ | +1.5% | -21,303€ | -18.9% | 3 | 1,019€ |
| 2546 | Yu Lovćen02061392 · Bar | <0.1% | 112,754€ | +27.2% | 7,697€ | 6.8% | 5 | 745€ |
| 2547 | Amika02911019 · Budva | <0.1% | 112,669€ | -23.1% | 7,760€ | 6.9% | 2 | 1,541€ |
| 2548 | Bionet03271137 · Podgorica | <0.1% | 112,556€ | +2.6% | 3,322€ | 3.0% | 2 | 634€ |
| 2549 | M&M Jewelry02959291 · Kotor | <0.1% | 112,540€ | +12.0% | 27,128€ | 24.1% | 2 | 1,339€ |
| 2550 | Vučković & Co02924072 · Herceg Novi | <0.1% | 112,190€ | -5.3% | -368€ | -0.3% | 2 | 1,171€ |