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 301–350 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* |
|---|
| 301 | Panorama Marketi02989972 · Mojkovac | <0.1% | 3,522,020€ | +23.6% | 295,150€ | 8.4% | 33 | 1,051€ |
| 302 | Easy Trade03440346 · Bar | <0.1% | 3,493,719€ | +47.5% | 56,663€ | 1.6% | 1 | 1,300€ |
| 303 | Vadaviro Comp02251752 · Podgorica | <0.1% | 3,490,431€ | +1.4% | 32,328€ | 0.9% | 26 | 1,495€ |
| 304 | Mondeel03390438 · Rožaje | <0.1% | 3,475,477€ | +47.0% | 295,611€ | 8.5% | 3 | 2,042€ |
| 305 | Albino02128110 · Tuzi | <0.1% | 3,451,306€ | +540.2% | 142,920€ | 4.1% | 5 | 1,974€ |
| 306 | Saga CG02657597 · Podgorica | <0.1% | 3,446,741€ | -18.8% | 130,100€ | 3.8% | 10 | 3,442€ |
| 307 | Šušanj Trade02983494 · Bar | <0.1% | 3,423,604€ | +14.1% | 51,199€ | 1.5% | 30 | 1,121€ |
| 308 | Promet-Montaža02289741 · Nikšić | <0.1% | 3,388,086€ | +7.5% | 32,202€ | 1.0% | 17 | 942€ |
| 309 | Koti Trgovina03090841 · Tuzi | <0.1% | 3,379,774€ | +11.8% | 236,226€ | 7.0% | 20 | 1,129€ |
| 310 | Fany Marić - Đukić02389703 · Herceg Novi | <0.1% | 3,361,956€ | +9.1% | 219,192€ | 6.5% | 15 | 1,565€ |
| 311 | Clima Therm03477029 · Podgorica | <0.1% | 3,361,932€ | +60.0% | 113,228€ | 3.4% | 10 | 1,884€ |
| 312 | Montefruit02685086 · Zeta | <0.1% | 3,358,917€ | -37.2% | -468,487€ | -13.9% | 6 | 740€ |
| 313 | Lutrex02451824 · Podgorica | <0.1% | 3,353,209€ | +8.4% | 130,075€ | 3.9% | 13 | 1,622€ |
| 314 | Fisherman & Co03013073 · Podgorica | <0.1% | 3,352,219€ | +15.5% | 294,678€ | 8.8% | 5 | 1,404€ |
| 315 | Master MN02833263 · Podgorica | <0.1% | 3,347,233€ | +29.4% | 684,883€ | 20.5% | 8 | 1,831€ |
| 316 | Good Food02948435 · Danilovgrad | <0.1% | 3,345,426€ | +89.8% | 532,435€ | 15.9% | 21 | 1,091€ |
| 317 | Damont02461099 · Bar | <0.1% | 3,338,379€ | -4.0% | 94,948€ | 2.8% | 10 | 1,192€ |
| 318 | Maxima Plus02647737 · Podgorica | <0.1% | 3,321,031€ | -4.0% | 133,016€ | 4.0% | 27 | 1,339€ |
| 319 | Izo02049732 · Bijelo Polje | <0.1% | 3,316,684€ | +12.0% | 80,026€ | 2.4% | 28 | 973€ |
| 320 | S & M02217376 · Herceg Novi | <0.1% | 3,310,873€ | +1.6% | 116,833€ | 3.5% | 7 | 3,108€ |
| 321 | Vencor02358336 · Podgorica | <0.1% | 3,309,989€ | -3.0% | 9,044€ | 0.3% | 16 | 1,331€ |
| 322 | Orcos03405834 · Cetinje | <0.1% | 3,296,997€ | +28.5% | 99,268€ | 3.0% | 22 | 1,565€ |
| 323 | East Box03266206 · Podgorica | <0.1% | 3,296,922€ | -15.9% | 593,496€ | 18.0% | 9 | 932€ |
| 324 | Medical Solutions03212955 · Podgorica | <0.1% | 3,293,854€ | +2.7% | 128,582€ | 3.9% | 5 | 2,972€ |
| 325 | Patron DF02442442 · Podgorica | <0.1% | 3,280,845€ | +6.0% | 334,209€ | 10.2% | 15 | 1,075€ |
| 326 | Z Petrol02923360 · Nikšić | <0.1% | 3,267,269€ | +3.1% | 53,854€ | 1.6% | 7 | 750€ |
| 327 | Kov - Car02884909 · Tivat | <0.1% | 3,263,333€ | -24.6% | 121,612€ | 3.7% | 12 | 1,162€ |
| 328 | Humci BS03164446 · Cetinje | <0.1% | 3,238,560€ | -15.5% | 275,084€ | 8.5% | 10 | 828€ |
| 329 | Tenero02247089 · Podgorica | <0.1% | 3,203,102€ | -1.1% | 352,027€ | 11.0% | 35 | 1,194€ |
| 330 | Vuk Pro Gradnja03742318 · Herceg Novi | <0.1% | 3,196,140€ | No filing for 2024. | 224,243€ | 7.0% | 19 | 656€ |
| 331 | D&M Sistem03249786 · Nikšić | <0.1% | 3,172,526€ | +7.5% | 287,449€ | 9.1% | 9 | 1,141€ |
| 332 | Extreme Production02810778 · Podgorica | <0.1% | 3,167,547€ | +16.3% | 118,506€ | 3.7% | 16 | 1,916€ |
| 333 | Monte Parts02185202 · Nikšić | <0.1% | 3,154,167€ | +12.1% | 247,716€ | 7.9% | 29 | 1,011€ |
| 334 | Elektronika Komerc02055562 · Bijelo Polje | <0.1% | 3,143,204€ | +3.8% | 382,144€ | 12.2% | 10 | 910€ |
| 335 | PS Fashion02394391 · Podgorica | <0.1% | 3,138,483€ | +26.3% | 257,926€ | 8.2% | 28 | 939€ |
| 336 | Agroauto02160625 · Podgorica | <0.1% | 3,124,637€ | -61.0% | 387,259€ | 12.4% | 14 | 1,647€ |
| 337 | Top Dom-Kovači03206033 · Tuzi | <0.1% | 3,105,568€ | +20.7% | 664,651€ | 21.4% | 45 | 802€ |
| 338 | Surfmont02458705 · Kotor | <0.1% | 3,074,820€ | +0.8% | 118,211€ | 3.8% | 29 | 1,793€ |
| 339 | Home Trade02817721 · Podgorica | <0.1% | 3,070,170€ | -1.8% | 11,733€ | 0.4% | 1 | 1,184€ |
| 340 | Nimani Company02465396 · Ulcinj | <0.1% | 3,068,323€ | +20.9% | 124,292€ | 4.1% | 7 | 921€ |
| 341 | Excelsior03086941 · Tivat | <0.1% | 3,062,885€ | +9.1% | 263,527€ | 8.6% | 6 | 909€ |
| 342 | Poen02629810 · Tivat | <0.1% | 3,043,520€ | -4.1% | 197,299€ | 6.5% | 12 | 1,331€ |
| 343 | Bel02319594 · Podgorica | <0.1% | 3,023,419€ | +11.8% | 195,251€ | 6.5% | 34 | 1,272€ |
| 344 | Ravel02216078 · Podgorica | <0.1% | 3,022,817€ | +105.8% | 93,776€ | 3.1% | 6 | 2,825€ |
| 345 | Monteklas03257100 · Nikšić | <0.1% | 3,018,055€ | -1.5% | -8,986€ | -0.3% | 11 | 1,600€ |
| 346 | Autika02415119 · Podgorica | <0.1% | 2,998,473€ | +10.1% | 60,060€ | 2.0% | 28 | 977€ |
| 347 | Lager02740656 · Podgorica | <0.1% | 2,990,384€ | +5.0% | 91,332€ | 3.1% | 5 | 1,032€ |
| 348 | Ćilimara02324318 · Podgorica | <0.1% | 2,964,938€ | -14.8% | 86,712€ | 2.9% | 21 | 1,489€ |
| 349 | Sušara Stanišić03090582 · Cetinje | <0.1% | 2,964,703€ | +6.3% | 124,349€ | 4.2% | 1 | 1,800€ |
| 350 | Pert02717999 · Tivat | <0.1% | 2,959,511€ | +2.7% | 443,393€ | 15.0% | 12 | 967€ |