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 1–50 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*
7.1% |
| 6,755,614€ |
| +10.0% |
| 633,325€ |
| 9.4% |
| 43 |
| 1,303€ |
| 3 | Žitoprodukt02009676 · Pljevlja | 6.7% | 6,372,352€ | +12.8% | 278,304€ | 4.4% | 72 | 877€ |
| 4 | Miranis Vujović02356376 · Nikšić | 4.7% | 4,451,534€ | +27.3% | 280,804€ | 6.3% | 46 | 1,017€ |
| 5 | Uniprom Pekara02453835 · Nikšić | 3.6% | 3,472,063€ | +4.6% | 119,853€ | 3.5% | 54 | 1,033€ |
| 6 | Svaki Dan03036243 · Nikšić | 3.4% | 3,216,011€ | +34.8% | 89,634€ | 2.8% | 115 | 1,090€ |
| 7 | Valpek Company03291359 · Danilovgrad | 2.3% | 2,217,767€ | +5.4% | 267,276€ | 12.1% | 49 | 895€ |
| 8 | Wahels02638622 · Rožaje | 2.2% | 2,142,123€ | +27.7% | 36,848€ | 1.7% | 14 | 775€ |
| 9 | Mijušković-Trend02305216 · Nikšić | 2.2% | 2,127,914€ | +15.1% | 67,823€ | 3.2% | 50 | 507€ |
| 10 | Benicomerc02109689 · Bar | 2.2% | 2,104,641€ | -19.6% | 16,729€ | 0.8% | 30 | 655€ |
| 11 | Luniano03017974 · Podgorica | 1.9% | 1,779,856€ | +14.7% | 79,344€ | 4.5% | 33 | 704€ |
| 12 | Bread03151409 · Tivat | 1.9% | 1,773,290€ | +8.5% | 170,379€ | 9.6% | 25 | 1,680€ |
| 13 | Trivit CG02915634 · Nikšić | 1.8% | 1,731,630€ | +8.9% | 521,043€ | 30.1% | 36 | 610€ |
| 14 | Agro02370123 · Bijelo Polje | 1.7% | 1,591,470€ | +4.5% | 72,724€ | 4.6% | 35 | 702€ |
| 15 | M & D - Hunter02661764 · Budva | 1.3% | 1,242,435€ | +1.6% | 35,120€ | 2.8% | 26 | 1,437€ |
| 16 | M.L.S. Company02684713 · Kotor | 1.2% | 1,112,226€ | +32.1% | 40,688€ | 3.7% | 15 | 929€ |
| 17 | Hipnos02072599 | 1.2% | 1,109,016€ | +22.5% | 303,176€ | 27.3% | 21 | 818€ |
| 18 | Finezza03264980 · Podgorica | 1.1% | 1,049,310€ | +16.7% | 27,192€ | 2.6% | 34 | 949€ |
| 19 | MK Fabbrica03424456 · Budva | 1.0% | 958,655€ | +36.8% | 92,915€ | 9.7% | 9 | 805€ |
| 20 | Lushaj Company02328518 · Ulcinj | 1.0% | 940,400€ | -1.5% | 68,996€ | 7.3% | 12 | 747€ |
| 21 | Montenegro Čeluga02935368 · Bar | 1.0% | 920,494€ | -6.9% | 18,513€ | 2.0% | 30 | 495€ |
| 22 | Pekara Marković02814366 · Berane | 1.0% | 917,829€ | +50.0% | 65,113€ | 7.1% | 17 | 763€ |
| 23 | Montenegro Pekara B&T02864975 · Podgorica | 0.9% | 897,764€ | +21.5% | 11,770€ | 1.3% | 20 | 828€ |
| 24 | MID.COM03593169 · Herceg Novi | 0.9% | 861,154€ | +78.1% | 100,928€ | 11.7% | 20 | 1,149€ |
| 25 | Baget CT03272915 · Cetinje | 0.7% | 699,798€ | +10.2% | 14,846€ | 2.1% | 25 | 821€ |
| 26 | Cezar-Company02805731 · Bar | 0.7% | 697,572€ | +48.5% | 30,122€ | 4.3% | 18 | 918€ |
| 27 | SS&MT-Company03541126 · Nikšić | 0.7% | 678,006€ | +32.9% | 83,974€ | 12.4% | 21 | 795€ |
| 28 | Kase03122778 · Ulcinj | 0.7% | 654,335€ | +4.8% | 33,055€ | 5.1% | 16 | 1,394€ |
| 29 | Boka Mare03524965 · Tivat | 0.6% | 606,901€ | +81.8% | 43,920€ | 7.2% | 14 | 895€ |
| 30 | FR803544478 · Podgorica | 0.6% | 602,836€ | +1,296.1% | 82,259€ | 13.6% | 10 | 1,427€ |
| 31 | Vestek Central03358615 · Bar | 0.6% | 598,819€ | +20.6% | 5,856€ | 1.0% | 12 | 672€ |
| 32 | Šušić02124190 · Herceg Novi | 0.6% | 564,225€ | -9.9% | 20,504€ | 3.6% | 28 | 661€ |
| 33 | Jomivex02134390 · Tivat | 0.6% | 548,108€ | +35.3% | -27,268€ | -5.0% | 12 | 671€ |
| 34 | MP - Figaro02677032 · Bar | 0.6% | 542,845€ | +16.4% | 15,173€ | 2.8% | 23 | 563€ |
| 35 | Biraj Company02880237 · Bar | 0.5% | 523,789€ | +5.4% | 23,437€ | 4.5% | 19 | 809€ |
| 36 | Lupex NK03368254 · Nikšić | 0.5% | 516,388€ | +23.0% | 60,384€ | 11.7% | 22 | 568€ |
| 37 | Minipek02249294 · Nikšić | 0.5% | 515,171€ | -1.9% | 4,113€ | 0.8% | 12 | 816€ |
| 38 | Univers Bakery03528278 · Ulcinj | 0.5% | 508,417€ | +77.8% | 24,018€ | 4.7% | 21 | 672€ |
| 39 | Montenegro Pekara N&T02869039 · Bar | 0.5% | 505,355€ | +14.6% | 64,380€ | 12.7% | 6 | 1,272€ |
| 40 | Panella03269787 · Podgorica | 0.5% | 464,889€ | +55.2% | 58,972€ | 12.7% | 12 | 889€ |
| 41 | Leptir Com02990512 · Podgorica | 0.5% | 450,403€ | +97.0% | 82,646€ | 18.3% | 14 | 737€ |
| 42 | Beti-Prom02392321 · Bar | 0.5% | 438,381€ | +6.3% | 87,577€ | 20.0% | 10 | 686€ |
| 43 | Doni Pekara Magistrala02460564 · Podgorica | 0.5% | 437,912€ | +16.8% | 59,402€ | 13.6% | 7 | 788€ |
| 44 | Zla Gora02247135 · Nikšić | 0.4% | 419,933€ | +22.6% | 53,127€ | 12.7% | 14 | 689€ |
| 45 | Fabrika Ukusa03525112 · Bijelo Polje | 0.4% | 413,765€ | +10.8% | 9,084€ | 2.2% | 15 | 803€ |
| 46 | Branko Dex02948745 · Herceg Novi | 0.4% | 387,373€ | -24.1% | 112,174€ | 29.0% | 8 | 708€ |
| 47 | Dakarijus03291049 · Podgorica | 0.4% | 385,381€ | +22.6% | 23,588€ | 6.1% | 9 | 661€ |
| 48 | DM Line03324656 · Podgorica | 0.4% | 381,072€ | +98.3% | 11,960€ | 3.1% | 4 | 1,556€ |
| 49 | V - Marina02433435 · Podgorica | 0.4% | 366,083€ | +10.8% | 3,139€ | 0.9% | 12 | 727€ |
| 50 | Tonipek03065022 · Bar | 0.4% | 361,541€ | +35.9% | 41,371€ | 11.4% | 7 | 699€ |