Revenue
6.7% of sector revenue
282 companies earned 95.71m€ in 2025, 6.7% of Manufacturing sector revenue. Revenue has grown 2.7× since 2015.
6.7% of sector revenue
65 with at most one employee
Largest employer: Svaki Dan (115)
Median company 1.2% · 51% profitable
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
Revenue change vs 2024, companies with at least 1m€ that year
Ranked by total revenue · Showing 51–100 of 282
* 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 39 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
The activity title is the code's title in the KD 2010 classification (NACE Rev. 2), which applies to every year shown. The registry now shows titles from the new classification for the same codes, so titles can differ.
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 35,855,486€ | 166 |
| 2016 | 38,982,028€ | 177 |
| 2017 | 40,666,755€ | 198 |
| 2018 | 42,615,417€ | 201 |
| 2019 | 41,462,722€ | 210 |
| 2020 | 37,669,760€ | 220 |
| 2021 | 45,608,006€ | 240 |
| 2022 | 67,405,767€ | 243 |
| 2023 | 78,276,140€ | 267 |
| 2024 | 86,549,581€ | 278 |
| 2025 (Preliminary) | 95,712,178€ | 282 |
Employees and payroll cost per employee per month*
0.4% |
| 344,636€ |
| +256.3% |
| 3,621€ |
| 1.1% |
| 5 |
| 893€ |
| 53 | Ginger03153983 · Nikšić | 0.3% | 330,541€ | +15.8% | 2,600€ | 0.8% | 15 | 874€ |
| 54 | Centar Š&A02918552 · Podgorica | 0.3% | 321,489€ | +7.2% | 43,389€ | 13.5% | 13 | 459€ |
| 55 | Trim Komerc02770814 · Berane | 0.3% | 309,768€ | +31.2% | 78,160€ | 25.2% | 5 | 806€ |
| 56 | Amfora Trade - Sutomore02917572 · Bar | 0.3% | 305,494€ | +25.9% | 11,558€ | 3.8% | 9 | 692€ |
| 57 | Tini - Company03112403 · Podgorica | 0.3% | 304,366€ | +6.8% | 28,181€ | 9.3% | 10 | 768€ |
| 58 | Genta03052494 · Budva | 0.3% | 299,787€ | +13.8% | 35,182€ | 11.7% | 4 | 598€ |
| 59 | Miris Peciva03665038 · Budva | 0.3% | 298,661€ | +389.9% | 81,671€ | 27.3% | 4 | 2,038€ |
| 60 | Galeb-Prom03208362 · Pljevlja | 0.3% | 297,857€ | +6.2% | -61,061€ | -20.5% | 12 | 621€ |
| 61 | MG - Pekara Dimi03248666 · Podgorica | 0.3% | 295,601€ | +30.9% | 14,353€ | 4.9% | 5 | 463€ |
| 62 | Dušan02452367 · Podgorica | 0.3% | 275,908€ | +10.4% | 21,173€ | 7.7% | 5 | 951€ |
| 63 | Ukaj Company Plus02829711 · Bar | 0.3% | 275,486€ | +45.7% | 14,466€ | 5.3% | 7 | 705€ |
| 64 | Silex Promet02241820 · Cetinje | 0.3% | 270,888€ | +25.4% | 37,766€ | 13.9% | 8 | 662€ |
| 65 | Šućur Produkt03701948 · Tivat | 0.3% | 262,484€ | +888.8% | 28,756€ | 11.0% | 6 | 875€ |
| 66 | Bake Montenegro02379163 · Herceg Novi | 0.3% | 258,182€ | +4.9% | 7,285€ | 2.8% | 15 | 749€ |
| 67 | Zora-Vukčević02452421 · Podgorica | 0.3% | 248,896€ | -13.7% | 6,879€ | 2.8% | 12 | 824€ |
| 68 | Pekara Kruna Lux03635929 · Kotor | 0.3% | 245,467€ | +194.5% | 2,765€ | 1.1% | 6 | 765€ |
| 69 | La Gioia02864711 · Nikšić | 0.2% | 238,662€ | -5.0% | -57,042€ | -23.9% | 10 | 910€ |
| 70 | Shehu Co02961202 · Bar | 0.2% | 234,902€ | +12.3% | -31,602€ | -13.5% | 8 | 695€ |
| 71 | Toni Pekara - Magistrala03066851 · Podgorica | 0.2% | 229,766€ | -5.0% | 30,967€ | 13.5% | 4 | 601€ |
| 72 | Bakery02210916 · Žabljak | 0.2% | 228,915€ | +64.0% | 8,736€ | 3.8% | 6 | 509€ |
| 73 | Ukaj Bakery03312712 · Bar | 0.2% | 228,496€ | +47.3% | 68,784€ | 30.1% | 2 | 958€ |
| 74 | Zdrawo03084396 · Podgorica | 0.2% | 227,420€ | +30.0% | -26,030€ | -11.4% | 11 | 722€ |
| 75 | Čočaj03006816 · Pljevlja | 0.2% | 227,269€ | +326.8% | 2,208€ | 1.0% | 14 | 601€ |
| 76 | Krnić03047130 · Tuzi | 0.2% | 217,824€ | +43.6% | 581€ | 0.3% | 8 | 805€ |
| 77 | Žitozrn02412799 · Tivat | 0.2% | 214,169€ | +16.0% | 18,259€ | 8.5% | 4 | 1,031€ |
| 78 | Pekara Zagorič03344436 · Podgorica | 0.2% | 210,075€ | -3.6% | 8,201€ | 3.9% | 10 | 310€ |
| 79 | Shehaj - G Company03530051 · Bar | 0.2% | 209,765€ | +14.3% | 27,387€ | 13.1% | 8 | 638€ |
| 80 | Traki03150950 · Danilovgrad | 0.2% | 208,057€ | +11.3% | 3,216€ | 1.5% | 9 | 609€ |
| 81 | Erijon02777380 · Bar | 0.2% | 204,526€ | +11.7% | -20,325€ | -9.9% | 9 | 874€ |
| 82 | Pekara Zelenika02965364 · Herceg Novi | 0.2% | 203,203€ | +0.5% | 11,653€ | 5.7% | 8 | 792€ |
| 83 | Pekara Lekić03243591 · Podgorica | 0.2% | 201,889€ | +19.6% | 13,604€ | 6.7% | 4 | 1,147€ |
| 84 | Poslastičara Sonja02340747 · Podgorica | 0.2% | 200,267€ | +8.6% | -3,911€ | -2.0% | 8 | 888€ |
| 85 | Kale - ND03050521 · Bar | 0.2% | 198,430€ | +25.9% | -553€ | -0.3% | 9 | 702€ |
| 86 | Pekara Komerc02823403 · Kolašin | 0.2% | 196,519€ | +1.8% | 31,320€ | 15.9% | 7 | 822€ |
| 87 | Domestico03082709 · Bar | 0.2% | 196,094€ | +10.1% | 10,920€ | 5.6% | 10 | 610€ |
| 88 | Gastromax03728790 · Tivat | 0.2% | 193,059€ | No filing for 2024. | -38,970€ | -20.2% | 5 | 1,364€ |
| 89 | Ice Mont03048675 · Podgorica | 0.2% | 191,050€ | +46.5% | 6,489€ | 3.4% | 5 | 624€ |
| 90 | Atelj02251035 · Tivat | 0.2% | 182,218€ | +10.5% | 3,719€ | 2.0% | 5 | 950€ |
| 91 | Kosta-Prom03592766 · Podgorica | 0.2% | 181,929€ | +35.6% | -21,468€ | -11.8% | 10 | 691€ |
| 92 | Ah Montenegro03353486 · Bar | 0.2% | 178,593€ | +3.5% | 6,053€ | 3.4% | 5 | 552€ |
| 93 | Egzon Montenegro03360920 · Bar | 0.2% | 173,805€ | +17.6% | 7,257€ | 4.2% | 3 | 738€ |
| 94 | Nezir Company03348733 · Danilovgrad | 0.2% | 173,085€ | +18.9% | 4,459€ | 2.6% | 6 | 714€ |
| 95 | Pekara Tim03549399 · Bar | 0.2% | 171,391€ | +188.0% | 36,433€ | 21.3% | 3 | 1,585€ |
| 96 | Nita03361292 · Budva | 0.2% | 166,268€ | +2.1% | -27,447€ | -16.5% | 3 | 806€ |
| 97 | KB-Pekara Dora02738902 · Bijelo Polje | 0.2% | 161,393€ | +9.6% | -475€ | -0.3% | 9 | 626€ |
| 98 | Pekara - Student02911353 · Nikšić | 0.2% | 161,078€ | +11.5% | -15,631€ | -9.7% | 10 | 735€ |
| 99 | Ve-Mi Zlatno Zrno03686299 · Danilovgrad | 0.2% | 151,368€ | +460.4% | 1,714€ | 1.1% | 6 | 876€ |
| 100 | Pekarela03788202 · Budva | 0.2% | 144,376€ | No filing for 2024. | 2,728€ | 1.9% | 7 | 455€ |