Revenue
2.2% of sector revenue
135 companies earned 31.13m€ in 2025, 2.2% of Manufacturing sector revenue. Revenue has grown 2.4× since 2015.
2.2% of sector revenue
56 with at most one employee
Largest employer: Merkator International (101)
Median company 2.5% · 65% 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 135
* 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 2 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 | 13,086,464€ | 81 |
| 2016 | 18,555,816€ | 89 |
| 2017 | 16,661,589€ | 94 |
| 2018 | 16,915,942€ | 97 |
| 2019 | 18,686,792€ | 103 |
| 2020 | 15,670,788€ | 106 |
| 2021 | 17,352,718€ | 110 |
| 2022 | 22,220,773€ | 113 |
| 2023 | 26,498,220€ | 122 |
| 2024 | 27,825,300€ | 123 |
| 2025 (Preliminary) | 31,130,241€ | 135 |
Employees and payroll cost per employee per month*
0.4% |
| 121,863€ |
| +184.7% |
| 3,012€ |
| 2.5% |
| 1 |
| 675€ |
| 53 | Go Print03406750 · Podgorica | 0.4% | 120,956€ | -14.9% | 839€ | 0.7% | 2 | 1,215€ |
| 54 | Obsession Mne03157121 · Podgorica | 0.4% | 120,714€ | +34.0% | -20,106€ | -16.7% | 1 | 1,034€ |
| 55 | Branding Solutions03716520 · Podgorica | 0.4% | 118,738€ | +42,306.4% | 1,171€ | 1.0% | 2 | 1,188€ |
| 56 | C&G Print03043410 · Podgorica | 0.4% | 110,760€ | -20.2% | 2,630€ | 2.4% | 1 | 1,349€ |
| 57 | Pro Print03082733 · Podgorica | 0.3% | 103,593€ | +10.4% | 2,916€ | 2.8% | 2 | 2,165€ |
| 58 | Madžarević-Biro Konto i Ortaci02149575 · Herceg Novi | 0.3% | 98,651€ | -30.6% | -45,156€ | -45.8% | 7 | 631€ |
| 59 | Techinfo03449785 · Podgorica | 0.3% | 96,208€ | +31.5% | 3,690€ | 3.8% | 2 | 651€ |
| 60 | Project Print03285120 · Podgorica | 0.3% | 87,500€ | +45.4% | 20,993€ | 24.0% | 2 | 985€ |
| 61 | Uniks03013294 · Podgorica | 0.3% | 86,530€ | -10.9% | 3,265€ | 3.8% | 2 | 862€ |
| 62 | Savremeni Biro02339773 · Podgorica | 0.3% | 80,559€ | -33.1% | 753€ | 0.9% | 4 | 1,026€ |
| 63 | Tiflomont02985152 · Nikšić | 0.3% | 78,112€ | +5.6% | 11,522€ | 14.8% | 2 | 1,272€ |
| 64 | Picolo Print03579417 · Podgorica | 0.2% | 77,655€ | +115.4% | -2,596€ | -3.3% | 4 | 417€ |
| 65 | Monte Art Tech03551245 · Cetinje | 0.2% | 77,213€ | +12.9% | 45,683€ | 59.2% | 1 | 2,274€ |
| 66 | MN Grafokarton02709830 · Bijelo Polje | 0.2% | 65,750€ | -33.7% | -19,348€ | -29.4% | 1 | 1,698€ |
| 67 | Art On SKY Aviation03725847 · Budva | 0.2% | 65,238€ | No filing for 2024. | -2,469€ | -3.8% | 1 | 695€ |
| 68 | SB Grafika03695743 · Podgorica | 0.2% | 63,646€ | +899.5% | 14,120€ | 22.2% | 1 | 1,202€ |
| 69 | S.T.02818256 · Nikšić | 0.2% | 61,145€ | +22.0% | 316€ | 0.5% | 2 | 677€ |
| 70 | MGM Štampa02961652 · Podgorica | 0.2% | 60,237€ | +8.6% | 29€ | 0.0% | 3 | 609€ |
| 71 | I M P R E S S02411946 · Budva | 0.2% | 60,048€ | -4.3% | 451€ | 0.8% | 2 | 1,008€ |
| 72 | Blanka02893908 · Herceg Novi | 0.2% | 59,540€ | +16.8% | -14,158€ | -23.8% | 1 | 959€ |
| 73 | Carved Montenegro03546306 · Herceg Novi | 0.2% | 57,196€ | +6.9% | 6,339€ | 11.1% | 2 | — |
| 74 | Print-Lab Mne03669157 · Podgorica | 0.2% | 56,298€ | +171.1% | 875€ | 1.6% | 1 | 2,336€ |
| 75 | Grafički Studio Krug02422832 · Bar | 0.2% | 55,447€ | +0.4% | 3,969€ | 7.2% | 2 | 1,174€ |
| 76 | Aspida02169410 · Podgorica | 0.2% | 54,088€ | +25.7% | 2,569€ | 4.7% | 2 | 434€ |
| 77 | Totem02961997 · Podgorica | 0.2% | 52,514€ | -21.6% | 457€ | 0.9% | 1 | 1,200€ |
| 78 | Master Print03731898 · Podgorica | 0.2% | 51,347€ | No filing for 2024. | 7,726€ | 15.0% | 1 | 738€ |
| 79 | Giftko03734625 · Kotor | 0.1% | 44,980€ | No filing for 2024. | -2,032€ | -4.5% | 2 | 896€ |
| 80 | Green Pen-M02724995 · Nikšić | 0.1% | 44,724€ | +53.7% | 1,659€ | 3.7% | 1 | 740€ |
| 81 | Remark02097982 · Podgorica | 0.1% | 41,300€ | +53.6% | -5,137€ | -12.4% | 2 | 754€ |
| 82 | Digital Printing Studio03317153 · Podgorica | 0.1% | 37,976€ | -18.4% | -4,114€ | -10.8% | 1 | 942€ |
| 83 | Fun Factory03292584 · Podgorica | 0.1% | 37,074€ | +25.0% | -1,869€ | -5.0% | 2 | 1,095€ |
| 84 | Štamparija Teos03256162 · Pljevlja | 0.1% | 36,364€ | +449.6% | 6,174€ | 17.0% | 2 | 650€ |
| 85 | Grafo Press02206277 · Podgorica | 0.1% | 36,321€ | +10.9% | 1,625€ | 4.5% | 1 | 709€ |
| 86 | Maxel Company03101231 · Podgorica | 0.1% | 34,758€ | +880.5% | 413€ | 1.2% | 2 | 965€ |
| 87 | A B C Grafik02239728 · Pljevlja | 0.1% | 33,801€ | -2.2% | -7,415€ | -21.9% | 2 | 614€ |
| 88 | Pako02217236 · Andrijevica | 0.1% | 32,617€ | -6.5% | 3,881€ | 11.9% | 1 | 476€ |
| 89 | Irta02146665 · Kotor | 0.1% | 32,589€ | +4.2% | 914€ | 2.8% | 1 | 1,280€ |
| 90 | Sitoprint03474470 · Nikšić | 0.1% | 31,930€ | -3.8% | -3,503€ | -11.0% | 2 | 445€ |
| 91 | Print Point03637077 · Podgorica | 0.1% | 31,452€ | -24.6% | 871€ | 2.8% | 2 | 479€ |
| 92 | Lasering03117642 · Bijelo Polje | <0.1% | 29,907€ | -13.7% | 4,497€ | 15.0% | 1 | 337€ |
| 93 | Kolor Print03239535 · Podgorica | <0.1% | 28,823€ | -2.2% | 5,162€ | 17.9% | 1 | 900€ |
| 94 | DR Print03331571 · Podgorica | <0.1% | 27,910€ | +48.3% | 13,559€ | 48.6% | 1 | 978€ |
| 95 | Printex03432289 · Podgorica | <0.1% | 26,939€ | -12.8% | -3,642€ | -13.5% | 1 | 372€ |
| 96 | Unigrafika03178455 · Nikšić | <0.1% | 26,582€ | -9.5% | 2,453€ | 9.2% | 1 | 856€ |
| 97 | Red Rock Fairy03253295 · Nikšić | <0.1% | 26,346€ | +176.9% | 2,191€ | 8.3% | 2 | 839€ |
| 98 | Art Plus & Co03306534 · Cetinje | <0.1% | 25,986€ | +0.2% | 0€ | 0.0% | 1 | — |
| 99 | VD Advertising03773876 · Nikšić | <0.1% | 21,322€ | No filing for 2024. | 818€ | 3.8% | 1 | — |
| 100 | Igp Budućnost02406721 · Podgorica | <0.1% | 20,666€ | +22.1% | 266€ | 1.3% | 1 | 701€ |