Revenue
0.7% of Montenegro's revenue
369 companies earned 123.69m€ in 2025, 0.7% of all company revenue in Montenegro. It ranks 14 of 18 sectors by revenue. Revenue has grown 1.9× since 2015.
0.7% of Montenegro's revenue
215 with at most one employee
Largest employer: 13 Jul - Plantaže (621)
Total profit: 6.82m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 64,622,309€ | 203 |
| 2016 | 63,735,619€ | 208 |
| 2017 | 69,575,923€ | 223 |
| 2018 | 71,594,194€ | 250 |
| 2019 | 74,520,769€ | 279 |
| 2020 | 60,810,156€ | 307 |
| 2021 | 62,926,761€ | 324 |
| 2022 | 78,452,060€ | 349 |
| 2023 | 96,400,645€ | 370 |
| 2024 | 102,463,558€ | 379 |
| 2025 (Preliminary) | 123,693,045€ | 369 |
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 151–200 of 369
* 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 13 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* |
|---|
| 151 | Irotas02450593 · Rožaje | <0.1% | 30,600€ | -38.3% | 1,190€ | 3.9% | 1 | 575€ |
| 152 | Bilje BR03203131 · Nikšić | <0.1% | 29,332€ | +17.6% | -6,786€ | -23.1% | 1 | 677€ |
| 153 | Terra Celebration Mne03129446 · Tivat | <0.1% | 28,816€ | +48.5% | 6,119€ | 21.2% | 1 | 932€ |
| 154 | Foresta Tesoro03589714 · Pljevlja | <0.1% | 28,195€ | -28.5% | -273€ | -1.0% | 1 | 1,066€ |
| 155 | Toni 310503187071 · Herceg Novi | <0.1% | 27,800€ | +367.2% | 11,838€ | 42.6% | 2 | 529€ |
| 156 | Manović Trade03318257 · Plav | <0.1% | 27,593€ | -45.7% | -23,652€ | -85.7% | 3 | 674€ |
| 157 | Mariva Montenegro03030156 · Kotor | <0.1% | 27,196€ | +96.0% | 5,908€ | 21.7% | 2 | 310€ |
| 158 | Bor - Trade02405245 · Nikšić | <0.1% | 26,807€ | +2.8% | 182€ | 0.7% | 2 | 507€ |
| 159 | Lumer03404889 · Berane | <0.1% | 26,134€ | -12.7% | 699€ | 2.7% | 1 | 709€ |
| 160 | Plantađun03321932 · Bar | <0.1% | 25,694€ | +132.3% | 455€ | 1.8% | 2 | 644€ |
| 161 | Young Fisherman03329631 · Budva | <0.1% | 25,340€ | -37.3% | -7,094€ | -28.0% | 2 | 429€ |
| 162 | Agro-Irem03293742 · Rožaje | <0.1% | 24,559€ | -44.7% | -34,996€ | -142.5% | 5 | 989€ |
| 163 | Dis Magiko02382032 · Kotor | <0.1% | 22,721€ | -28.0% | -2,742€ | -12.1% | 2 | 678€ |
| 164 | MG02462834 · Podgorica | <0.1% | 22,674€ | +34.2% | 447€ | 2.0% | 1 | 1,031€ |
| 165 | Arhmix03739473 · Šavnik | <0.1% | 21,809€ | No filing for 2024. | 94€ | 0.4% | 1 | — |
| 166 | Sretenje03285308 · Tivat | <0.1% | 21,807€ | +54.8% | -71,560€ | -328.2% | 2 | — |
| 167 | Ribarska Zadruga Kiril Cvjetković02007436 · Herceg Novi | <0.1% | 21,678€ | +32.4% | 1,650€ | 7.6% | 1 | 1,086€ |
| 168 | Predator Fishing03172996 · Budva | <0.1% | 21,445€ | +6.8% | -9,837€ | -45.9% | 1 | 675€ |
| 169 | Trendsetter03424871 · Bar | <0.1% | 21,308€ | +401.4% | 9,153€ | 43.0% | 1 | 925€ |
| 170 | Farming03239900 · Nikšić | <0.1% | 20,415€ | -4.6% | -15,555€ | -76.2% | 2 | 509€ |
| 171 | Monteno Maks02292491 · Nikšić | <0.1% | 20,238€ | +41.9% | -9,917€ | -49.0% | 4 | 392€ |
| 172 | Old Fisherman Montenegro03388891 · Podgorica | <0.1% | 18,688€ | +281.4% | 3,553€ | 19.0% | 1 | 675€ |
| 173 | Seosko Domaćinstvo Mirna Luka03281167 · Berane | <0.1% | 18,554€ | -39.9% | -4,215€ | -22.7% | 1 | 1,342€ |
| 174 | Farma-Kov03302873 · Pljevlja | <0.1% | 18,460€ | -4.6% | 1,516€ | 8.2% | 1 | 573€ |
| 175 | Kise 110603286983 · Herceg Novi | <0.1% | 18,232€ | +5.4% | -2,611€ | -14.3% | 1 | 396€ |
| 176 | Župska Trpeza03530663 · Nikšić | <0.1% | 18,067€ | +57.1% | 1,579€ | 8.7% | 1 | — |
| 177 | Modern Tying03391701 · Danilovgrad | <0.1% | 17,405€ | -0.4% | -376€ | -2.2% | 3 | 471€ |
| 178 | Adria Group02777614 · Kotor | <0.1% | 16,942€ | +60.0% | 7,375€ | 43.5% | 1 | 721€ |
| 179 | Vox Project03146154 · Danilovgrad | <0.1% | 16,608€ | +167.6% | 6,560€ | 39.5% | 1 | 675€ |
| 180 | Export Bilje Montenegro03279570 · Podgorica | <0.1% | 16,492€ | +4.3% | 1,289€ | 7.8% | 1 | — |
| 181 | Školjke Boke03029085 · Kotor | <0.1% | 16,159€ | +11.3% | 1,324€ | 8.2% | 1 | 677€ |
| 182 | Bonaca Adriatic03322874 · Bar | <0.1% | 16,148€ | -23.3% | -160€ | -1.0% | 1 | 452€ |
| 183 | R & V Fish02663198 · Kotor | <0.1% | 15,990€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,707€ | -48.2% | 1 | 683€ |
| 184 | Šejlamed03313212 · Rožaje | <0.1% | 15,302€ | +17.9% | 956€ | 6.2% | 1 | 1,192€ |
| 185 | Logunov's Garden03338657 · Budva | <0.1% | 15,195€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,092€ | 46.7% | 1 | 675€ |
| 186 | Montegreenery03605655 · Bar | <0.1% | 15,081€ | -22.6% | -6,992€ | -46.4% | 2 | — |
| 187 | Marinexport02058154 · Herceg Novi | <0.1% | 14,939€ | -57.8% | -19,525€ | -130.7% | 3 | 425€ |
| 188 | Sunny Farm03377601 · Budva | <0.1% | 14,927€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -439€ | -2.9% | 1 | 670€ |
| 189 | Green Home 202403704742 · Berane | <0.1% | 14,691€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,105€ | 7.5% | 1 | 1,015€ |
| 190 | Raphael Montenegro Realty03372022 · Danilovgrad | <0.1% | 14,640€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,009€ | -54.7% | 1 | 926€ |
| 191 | PG-Sunce02817578 · Podgorica | <0.1% | 14,520€ | +21.0% | -41€ | -0.3% | 1 | — |
| 192 | Silky Company03210707 · Podgorica | <0.1% | 14,450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,098€ | 7.6% | 1 | 922€ |
| 193 | Agrikultura03705439 · Podgorica | <0.1% | 14,380€ | +223.1% | 6,051€ | 42.1% | 1 | — |
| 194 | Neotech Lab03576540 · Herceg Novi | <0.1% | 12,950€ | +3,137.5% | 4,710€ | 36.4% | 1 | 678€ |
| 195 | Miloš Dražin VRT03211614 · Kotor | <0.1% | 12,871€ | -17.4% | -5,036€ | -39.1% | 1 | 338€ |
| 196 | Panda-Beli03716988 · Nikšić | <0.1% | 12,634€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,690€ | 13.4% | 1 | 800€ |
| 197 | Techwrite03465667 · Bar | <0.1% | 12,499€ | -27.2% | -10,706€ | -85.7% | 1 | 1,075€ |
| 198 | Argrarija.Mne03561216 · Bijelo Polje | <0.1% | 11,959€ | -67.5% | 1,866€ | 15.6% | 2 | 418€ |
| 199 | S&M Rasadnik03733530 · Podgorica | <0.1% | 10,999€ | No filing for 2024. | 1,024€ | 9.3% | 1 | 358€ |
| 200 | Rti-Projekat02962110 · Podgorica | <0.1% | 10,995€ | +144.3% | -1,389€ | -12.6% | 1 | — |