Revenue
8.1% of Montenegro's revenue
2,600 companies earned 1.43b€ in 2025, 8.1% of all company revenue in Montenegro. It ranks 3 of 18 sectors by revenue. Revenue has grown 2.2× since 2015.
8.1% of Montenegro's revenue
1,157 with at most one employee
Largest employer: Meso-Promet (637)
Total profit: 82.14m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 652,001,526€ | 1,335 |
| 2016 | 664,144,843€ | 1,422 |
| 2017 | 765,142,727€ | 1,550 |
| 2018 | 794,303,168€ | 1,665 |
| 2019 | 830,768,060€ | 1,766 |
| 2020 | 777,390,153€ | 1,900 |
| 2021 | 917,603,355€ | 2,006 |
| 2022 | 1,196,086,350€ | 2,178 |
| 2023 | 1,235,336,335€ | 2,409 |
| 2024 | 1,365,897,940€ | 2,543 |
| 2025 (Preliminary) | 1,426,505,421€ | 2,600 |
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 1–50 of 2,600
* 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 93 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* |
|---|
| 1 | Meso-Promet02063344 · Bijelo Polje | 6.4% | 91,859,972€ | +5.6% | 3,694,867€ | 4.0% | 637 | 857€ |
| 2 | Primato P03016455 · Herceg Novi | 3.3% | 47,178,122€ | +0.8% | 1,089,531€ | 2.3% | 125 | 928€ |
| 3 | Goranović02109301 · Nikšić | 3.2% | 44,949,367€ | +4.0% | 2,280,790€ | 5.1% | 248 | 1,233€ |
| 4 | Hemomont02204185 · Podgorica | 3.1% | 44,340,351€ | +12.2% | 974,179€ | 2.2% | 254 | 1,803€ |
| 5 | Trebjesa02000989 · Nikšić | 2.5% | 36,268,342€ | +2.3% | 4,166,655€ | 11.5% | 216 | 2,192€ |
| 6 | Imlek Boka02357950 · Kotor | 2.5% | 35,557,990€ | +2.5% | 771,415€ | 2.2% | 49 | 1,739€ |
| 7 | Uniprom02049520 · Nikšić | 2.4% | 34,823,973€ | -33.1% | 102,432€ | 0.3% | 178 | 1,583€ |
| 8 | Poliex02035057 · Berane | 2.2% | 31,106,911€ | +124.4% | 14,665,026€ | 47.1% | 134 | 1,585€ |
| 9 | Panvel02075512 · Podgorica | 1.8% | 26,271,981€ | +22.0% | 440,919€ | 1.7% | 108 | 1,875€ |
| 10 | Noblewood Adriatic03444759 · Nikšić | 1.7% | 24,398,539€ | +6.4% | 1,551,039€ | 6.4% | 148 | 2,100€ |
| 11 | Uniprom - Metali02915731 · Nikšić | 1.6% | 22,989,707€ | -21.8% | 2,259,509€ | 9.8% | 37 | 2,576€ |
| 12 | Bonesa02251531 · Bar | 1.5% | 21,754,073€ | -3.6% | 1,619,973€ | 7.4% | 43 | 1,342€ |
| 13 | Put-Gross02066360 · Bijelo Polje | 1.3% | 19,009,540€ | +2.2% | 303,059€ | 1.6% | 194 | 788€ |
| 14 | Agro Mont02377861 · Nikšić | 1.3% | 18,099,454€ | +22.5% | 2,367,155€ | 13.1% | 87 | 795€ |
| 15 | Montecco Inc02306689 · Danilovgrad | 1.1% | 15,333,624€ | +15.5% | 291,629€ | 1.9% | 98 | 1,448€ |
| 16 | 1.0% | 14,760,692€ | +5.3% | 955,049€ | 6.5% | 119 | 777€ | |
| 17 | Miniko02196905 · Nikšić | 1.0% | 14,513,923€ | +23.1% | 301,376€ | 2.1% | 100 | 827€ |
| 18 | Tara - Aerospace02464691 · Mojkovac | 0.9% | 13,526,000€ | -44.6% | 1,930,581€ | 14.3% | 211 | 1,716€ |
| 19 | J & J Company02457563 · Podgorica | 0.9% | 13,340,943€ | +10.2% | 1,713,397€ | 12.8% | 49 | 921€ |
| 20 | Mokamard02247518 · Podgorica | 0.9% | 13,114,196€ | +37.2% | 1,415,196€ | 10.8% | 15 | 1,013€ |
| 21 | Mikro - Mont02425262 · Bijelo Polje | 0.9% | 13,046,299€ | +51.1% | 3,124,737€ | 24.0% | 62 | 824€ |
| 22 | Martex02124629 · Cetinje | 0.9% | 12,458,499€ | -9.8% | 87,117€ | 0.7% | 44 | 912€ |
| 23 | Adriatic 4202700930 · Herceg Novi | 0.8% | 11,567,437€ | +93.4% | -5,232,926€ | -45.2% | 93 | 2,866€ |
| 24 | Vib-Bas02325721 · Nikšić | 0.8% | 11,477,978€ | +11.4% | 93,816€ | 0.8% | 35 | 943€ |
| 25 | Čantrić02636590 · Berane | 0.7% | 9,400,982€ | +8.5% | 536,294€ | 5.7% | 28 | 898€ |
| 26 | Metron03054730 · Podgorica | 0.6% | 9,234,756€ | +5.9% | 250,535€ | 2.7% | 34 | 1,193€ |
| 27 | Trojan02123258 · Bar | 0.6% | 8,797,874€ | +30.6% | 1,461,241€ | 16.6% | 38 | 864€ |
| 28 | Daido Metal Kotor02013053 · Kotor | 0.6% | 8,670,917€ | +7.9% | 97,305€ | 1.1% | 142 | 1,685€ |
| 29 | Formal02712741 · Podgorica | 0.6% | 8,661,106€ | +14.5% | 1,583,903€ | 18.3% | 19 | 1,102€ |
| 30 | Ćatić Co02339137 · Bijelo Polje | 0.6% | 8,353,359€ | -1.8% | 424,200€ | 5.1% | 35 | 1,283€ |
| 31 | W & R Dinamic Company Limited02255693 · Kotor | 0.6% | 7,967,534€ | +11.1% | 1,460,441€ | 18.3% | 32 | 1,030€ |
| 32 | Inpek02016052 · Podgorica | 0.6% | 7,878,140€ | +8.8% | 212,259€ | 2.7% | 84 | 877€ |
| 33 | Šljukić Co02289725 · Nikšić | 0.5% | 7,648,959€ | -6.7% | 520,256€ | 6.8% | 64 | 1,211€ |
| 34 | Shamade-Co02153149 · Podgorica | 0.5% | 7,612,593€ | +10.4% | 48,874€ | 0.6% | 53 | 713€ |
| 35 | Nikola02441527 · Berane | 0.5% | 7,607,477€ | +10.6% | 291,941€ | 3.8% | 79 | 1,211€ |
| 36 | Pelengić Trade02271338 · Bijelo Polje | 0.5% | 7,049,040€ | -4.0% | 66,173€ | 0.9% | 121 | 747€ |
| 37 | Stratus02076195 · Podgorica | 0.5% | 6,920,282€ | +8.9% | 345,593€ | 5.0% | 52 | 1,148€ |
| 38 | Trudbenik02110156 · Mojkovac | 0.5% | 6,801,576€ | +116.8% | 2,120,728€ | 31.2% | 19 | 684€ |
| 39 | Don Don02757257 · Danilovgrad | 0.5% | 6,755,614€ | +10.0% | 633,325€ | 9.4% | 43 | 1,303€ |
| 40 | Rai M02396289 · Nikšić | 0.5% | 6,676,757€ | +23.6% | 1,548,237€ | 23.2% | 22 | 692€ |
| 41 | Water Group02437805 · Kolašin | 0.5% | 6,545,484€ | -2.2% | 390,052€ | 6.0% | 82 | 1,149€ |
| 42 | Dekoriva - Co02938588 · Nikšić | 0.4% | 6,392,539€ | +33.2% | 1,037,862€ | 16.2% | 49 | 875€ |
| 43 | Žitoprodukt02009676 · Pljevlja | 0.4% | 6,372,352€ | +12.8% | 278,304€ | 4.4% | 72 | 877€ |
| 44 | Merkator International02088266 · Bijelo Polje | 0.4% | 6,346,471€ | +13.4% | 347,626€ | 5.5% | 101 | 1,038€ |
| 45 | Mediteranea02619784 · Cetinje | 0.4% | 6,171,336€ | -3.5% | 428,453€ | 6.9% | 18 | 783€ |
| 46 | Vib Beton03218830 · Kolašin | 0.4% | 6,039,861€ | +30.8% | 153,190€ | 2.5% | 20 | 846€ |
| 47 | Lamex02816164 · Danilovgrad | 0.4% | 5,729,897€ | +62.0% | 286,664€ | 5.0% | 59 | 1,365€ |
| 48 | Epcg-Željezara Nikšić03530272 · Nikšić | 0.4% | 5,713,537€ | +73.0% | 307,508€ | 5.4% | 258 | 1,404€ |
| 49 | Bekom Co02330342 · Podgorica | 0.4% | 5,649,351€ | -14.9% | 278,571€ | 4.9% | 81 | 315€ |
| 50 | Ferro - Stil02353679 · Bar | 0.4% | 5,367,209€ | +26.3% | 377,711€ | 7.0% | 40 | 1,369€ |