Revenue
1.7% of sector revenue
36 companies earned 24.28m€ in 2025, 1.7% of Manufacturing sector revenue. Revenue has grown 3.0× since 2015.
1.7% of sector revenue
16 with at most one employee
Largest employer: Crnagoracoop NB (20)
Not shown: one company carries more than half of the profit or loss
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 1–36 of 36
* 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 →
Not shown: one company carries more than half of the profit or loss. The aggregate margin is not shown when fewer than 5 companies have one, or when one company carries more than half of the summed profit and loss; use the median margin and the profitable share instead. Profits that cannot be reconciled with revenue and payroll are left out.
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 | 8,133,275€ | 29 |
| 2016 | 7,721,832€ | 28 |
| 2017 | 8,517,175€ | 32 |
| 2018 | 8,519,070€ | 31 |
| 2019 | 9,230,680€ | 36 |
| 2020 | 9,044,337€ | 38 |
| 2021 | 11,292,691€ | 39 |
| 2022 | 15,190,544€ | 42 |
| 2023 | 16,938,789€ | 41 |
| 2024 | 17,888,123€ | 37 |
| 2025 (Preliminary) | 24,278,390€ | 36 |
Employees and payroll cost per employee per month*
16.9% |
| 4,099,843€ |
| +49.2% |
| 134,972€ |
| 3.3% |
| 10 |
| 783€ |
| 3 | Crnagoracoop NB02425785 · Danilovgrad | 11.6% | 2,812,864€ | +46.2% | 20,360€ | 0.7% | 20 | 781€ |
| 4 | Java Mne03245420 · Danilovgrad | 2.6% | 637,230€ | +8.2% | 44,715€ | 7.0% | 4 | 1,382€ |
| 5 | Bulat02866161 · Berane | 2.4% | 572,551€ | +24.3% | 9,227€ | 1.6% | 6 | 879€ |
| 6 | Ratković-Alfa02325608 · Cetinje | 2.1% | 516,665€ | +49.9% | 11,640€ | 2.3% | 3 | 762€ |
| 7 | Mićanović02324610 · Nikšić | 1.7% | 409,357€ | -8.3% | -36,146€ | -8.8% | 3 | 964€ |
| 8 | Mili Company02424878 · Pljevlja | 1.4% | 330,461€ | -44.5% | 19,500€ | 5.9% | 15 | — |
| 9 | GM - Produkt02402467 · Pljevlja | 1.2% | 296,483€ | +13.5% | 3,093€ | 1.0% | 5 | 754€ |
| 10 | Cafe Company02374935 · Bijelo Polje | 1.2% | 284,295€ | +21.1% | 3,820€ | 1.3% | 3 | 679€ |
| 11 | Tim-Klikovac02326400 · Podgorica | 0.8% | 196,286€ | +72.2% | 2,038€ | 1.0% | 3 | 846€ |
| 12 | Bio-Teo Centar03303632 · Rožaje | 0.6% | 154,778€ | +102.6% | 34,499€ | 22.3% | 1 | 1,034€ |
| 13 | Ionoff Roasting Co03280519 · Herceg Novi | 0.6% | 148,617€ | +1,109.2% | -8,189€ | -5.5% | 3 | 900€ |
| 14 | Chemex03475450 · Podgorica | 0.5% | 121,324€ | +194.5% | -1,404€ | -1.2% | 2 | 518€ |
| 15 | Kuća Čaja03412997 · Žabljak | 0.5% | 116,168€ | +10.2% | 13,951€ | 12.0% | 4 | 764€ |
| 16 | Ana i Bojan02283085 · Podgorica | 0.4% | 100,768€ | +32.2% | 3,531€ | 3.5% | 3 | 620€ |
| 17 | Roast03678474 · Podgorica | 0.4% | 93,406€ | +270.3% | 23,442€ | 25.1% | 1 | 1,654€ |
| 18 | Shaptafa03743152 · Ulcinj | 0.3% | 72,338€ | No filing for 2024. | 5,408€ | 7.5% | 1 | — |
| 19 | Naturalis Pavle & Labuda CO.02817390 · Podgorica | 0.3% | 62,150€ | -0.4% | 2,526€ | 4.1% | 1 | 838€ |
| 20 | Ramam02256100 · Bijelo Polje | 0.1% | 34,050€ | +14.1% | 562€ | 1.7% | 4 | 581€ |
| 21 | Haris02280655 · Bijelo Polje | <0.1% | 18,749€ | +53.6% | 2,184€ | 11.6% | 1 | — |
| 22 | Miris Bilja Vitae03788024 · Budva | <0.1% | 18,015€ | No filing for 2024. | 5,573€ | 30.9% | 2 | — |
| 23 | Crno Zrno03341313 · Podgorica | <0.1% | 17,097€ | -65.3% | -6,310€ | -36.9% | 1 | 367€ |
| 24 | Minas Montenegro02869101 · Podgorica | <0.1% | 14,161€ | -12.7% | -10,125€ | -71.5% | 2 | 422€ |
| 25 | Zrno M03314570 · Pljevlja | <0.1% | 13,823€ | -4.7% | 194€ | 1.4% | 1 | 341€ |
| 26 | Check Coffee Roasters03691578 · Budva | <0.1% | 9,336€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,339€ | -67.9% | 1 | 690€ |
| 27 | Biocil02301083 · Bijelo Polje | <0.1% | 8,423€ | +14.6% | 236€ | 2.8% | 1 | 682€ |
| 28 | JS-Gama03013260 · Nikšić | <0.1% | 4,955€ | -41.6% | 146€ | 2.9% | 1 | — |
| 29 | Lba Company03046478 · Bijelo Polje | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 3 | — |
| 30 | Denida03111539 · Bijelo Polje | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 31 | Avalon Enterprises02328950 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,008€ | — | 1 | — |
| 32 | Najdi Company03245977 · Ulcinj | 0.0% | 0€ | -100.0% | -47,401€ | — | 1 | 674€ |
| 33 | Kafe Ulqini03136990 · Ulcinj | 0.0% | 0€ | No filing for 2024. | -9,502€ | — | 1 | 675€ |
| 34 | Zrnomont03144984 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,537€ | — | 1 | 677€ |
| 35 | Gesta Montenegro03502112 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 36 | Wild Seed03620417 · Bar | 0.0% | 0€ | -100.0% | -5,449€ | — | 1 | 337€ |