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 351–400 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* |
|---|
| 351 | Jugobicikl-Promet02218259 · Podgorica | <0.1% | 2,939,881€ | -20.2% | 130,162€ | 4.4% | 7 | 1,862€ |
| 352 | Stihl03107019 · Podgorica | <0.1% | 2,934,410€ | -5.1% | -61,951€ | -2.1% | 1 | 2,327€ |
| 353 | HM03085694 · Podgorica | <0.1% | 2,888,580€ | +39.9% | 400,867€ | 13.9% | 7 | 1,503€ |
| 354 | Calgo MN02300672 · Podgorica | <0.1% | 2,885,036€ | +0.4% | 89,930€ | 3.1% | 23 | 970€ |
| 355 | Zožeta02224453 · Herceg Novi | <0.1% | 2,874,078€ | +15.6% | 517,666€ | 18.0% | 18 | 1,441€ |
| 356 | Vjenniko Petrol02873443 · Nikšić | <0.1% | 2,871,187€ | +5.3% | 23,736€ | 0.8% | 7 | 1,271€ |
| 357 | VD Commerce02403846 · Podgorica | <0.1% | 2,871,056€ | +19.7% | 485,501€ | 16.9% | 8 | 1,658€ |
| 358 | Slomark03055884 · Nikšić | <0.1% | 2,846,117€ | +3.8% | 242,694€ | 8.5% | 12 | 997€ |
| 359 | Maxim Investment02819538 · Podgorica | <0.1% | 2,841,445€ | +14.3% | 407,333€ | 14.3% | 30 | 1,019€ |
| 360 | Simplontrade02058383 · Podgorica | <0.1% | 2,831,799€ | -2.2% | 161,604€ | 5.7% | 18 | 1,575€ |
| 361 | Semi BP03391370 · Bijelo Polje | <0.1% | 2,828,633€ | +9.5% | 104,430€ | 3.7% | 13 | 610€ |
| 362 | Vibacom02425726 · Herceg Novi | <0.1% | 2,825,355€ | +14.6% | 490,441€ | 17.4% | 16 | 2,286€ |
| 363 | Renova02807599 · Bar | <0.1% | 2,824,619€ | +16.9% | 68,043€ | 2.4% | 4 | 2,013€ |
| 364 | Rivulet International03327302 · Budva | <0.1% | 2,818,615€ | +26.2% | 26,230€ | 0.9% | 2 | 1,373€ |
| 365 | Holcorn02132982 · Zeta | <0.1% | 2,758,663€ | +10.1% | 188,345€ | 6.8% | 7 | 1,832€ |
| 366 | Autotamaris02132028 · Tivat | <0.1% | 2,757,336€ | -3.7% | 18,940€ | 0.7% | 7 | 1,876€ |
| 367 | Tehno Dental02956144 · Podgorica | <0.1% | 2,745,829€ | +29.8% | 481,947€ | 17.6% | 7 | 1,141€ |
| 368 | MM Zeta03005399 · Zeta | <0.1% | 2,738,618€ | +19.8% | 108,306€ | 4.0% | 19 | 678€ |
| 369 | Valor03204499 · Podgorica | <0.1% | 2,722,166€ | +15.1% | 43,334€ | 1.6% | 1 | 9,367€ |
| 370 | M.M.Auto02417669 · Cetinje | <0.1% | 2,712,810€ | -0.9% | 12,577€ | 0.5% | 3 | 675€ |
| 371 | Saveco03171973 · Podgorica | <0.1% | 2,704,433€ | -46.6% | 233,229€ | 8.6% | 2 | 1,645€ |
| 372 | Junčaj Petrol Comerc02067374 · Tuzi | <0.1% | 2,677,258€ | +12.0% | 124,844€ | 4.7% | 8 | 1,017€ |
| 373 | Butrint02293927 · Ulcinj | <0.1% | 2,665,535€ | +11.0% | 38,350€ | 1.4% | 6 | 1,473€ |
| 374 | Kaća02065070 · Bar | <0.1% | 2,657,793€ | +461.4% | 1,963,273€ | 73.9% | 4 | 847€ |
| 375 | Aqua Casa03410919 · Kotor | <0.1% | 2,639,363€ | +57.1% | 257,982€ | 9.8% | 15 | 1,300€ |
| 376 | Tas Com02317168 · Herceg Novi | <0.1% | 2,638,294€ | +3.3% | 102,067€ | 3.9% | 11 | 667€ |
| 377 | Dobner03418499 · Tivat | <0.1% | 2,636,199€ | -11.0% | 55,013€ | 2.1% | 5 | 2,213€ |
| 378 | Beranetex02143518 · Berane | <0.1% | 2,635,540€ | +1.5% | 171,664€ | 6.5% | 4 | 1,254€ |
| 379 | Legend CG02747260 · Podgorica | <0.1% | 2,628,848€ | +14.1% | 248,202€ | 9.4% | 26 | 1,256€ |
| 380 | Veritas02111268 · Bijelo Polje | <0.1% | 2,622,788€ | -11.0% | 49,988€ | 1.9% | 17 | 1,370€ |
| 381 | Barmahala02082381 · Rožaje | <0.1% | 2,615,181€ | +6.1% | 158,398€ | 6.1% | 12 | 1,312€ |
| 382 | Autodeal.Me03299333 · Cetinje | <0.1% | 2,608,773€ | -16.8% | 7,515€ | 0.3% | 4 | 1,195€ |
| 383 | Biliv03610993 · Podgorica | <0.1% | 2,607,177€ | +51.8% | 32,651€ | 1.3% | 1 | 2,318€ |
| 384 | Monteskela02914930 · Podgorica | <0.1% | 2,606,366€ | +43.7% | 434,751€ | 16.7% | 5 | 1,121€ |
| 385 | Holos02208326 · Podgorica | <0.1% | 2,599,781€ | +6.2% | 155,252€ | 6.0% | 22 | 1,159€ |
| 386 | Temaso02657155 · Nikšić | <0.1% | 2,580,557€ | +30.0% | 210,505€ | 8.2% | 30 | 1,132€ |
| 387 | D.N.F.02399393 · Budva | <0.1% | 2,579,986€ | +16.0% | 87,653€ | 3.4% | 20 | 368€ |
| 388 | Jolly Commerce02343975 · Nikšić | <0.1% | 2,574,700€ | +4.6% | 144,806€ | 5.6% | 42 | 1,056€ |
| 389 | Independent DSF Group Ag03018148 · Podgorica | <0.1% | 2,552,212€ | +18.4% | 86,884€ | 3.4% | 3 | 1,587€ |
| 390 | Compania De Vinos Montenegro02703599 · Kotor | <0.1% | 2,546,542€ | -6.4% | 181,923€ | 7.1% | 13 | 1,294€ |
| 391 | Montech Solution03534081 · Podgorica | <0.1% | 2,538,702€ | +269.5% | 55,630€ | 2.2% | 2 | 512€ |
| 392 | Bolex02191881 · Podgorica | <0.1% | 2,536,088€ | +0.0% | 187,484€ | 7.4% | 20 | 1,267€ |
| 393 | Vertigo Montenegro02351668 · Podgorica | <0.1% | 2,533,864€ | +18.9% | 219,790€ | 8.7% | 21 | 1,225€ |
| 394 | Alfa Ton Lekić02335867 · Podgorica | <0.1% | 2,532,868€ | +6.3% | 38,250€ | 1.5% | 36 | 1,222€ |
| 395 | Avalon LTD02970244 · Pljevlja | <0.1% | 2,527,855€ | +78.1% | 369,756€ | 14.6% | 24 | 762€ |
| 396 | Pharmalife02878704 · Ulcinj | <0.1% | 2,521,474€ | -5.9% | 48,115€ | 1.9% | 35 | 1,011€ |
| 397 | Belladonna02383888 · Bar | <0.1% | 2,508,891€ | +19.0% | 139,970€ | 5.6% | 10 | 1,868€ |
| 398 | Padrino Mont02262622 · Bar | <0.1% | 2,477,954€ | -12.9% | 11,705€ | 0.5% | 42 | 1,005€ |
| 399 | Bau Centar02786176 · Bijelo Polje | <0.1% | 2,477,787€ | +14.8% | 170,755€ | 6.9% | 27 | 1,000€ |
| 400 | Prime Consulting02982846 · Podgorica | <0.1% | 2,476,628€ | -1.2% | 163,752€ | 6.6% | 3 | 2,206€ |