Revenue
2.3% of sector revenue
80 companies earned 33.05m€ in 2025, 2.3% of Manufacturing sector revenue.
2.3% of sector revenue
36 with at most one employee
Largest employer: Vib-Bas (35)
Median company 2.9% · 59% 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 80
* 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 →
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 | 35,833,237€ | 45 |
| 2016 | 27,531,368€ | 49 |
| 2017 | 23,746,081€ | 50 |
| 2018 | 22,398,595€ | 54 |
| 2019 | 23,222,535€ | 56 |
| 2020 | 17,642,590€ | 58 |
| 2021 | 16,766,302€ | 60 |
| 2022 | 19,588,927€ | 69 |
| 2023 | 20,676,494€ | 71 |
| 2024 | 25,494,191€ | 74 |
| 2025 (Preliminary) | 33,049,554€ | 80 |
Employees and payroll cost per employee per month*
14.7% |
| 4,861,625€ |
| +278.1% |
| 402,310€ |
| 8.3% |
| 23 |
| 593€ |
| 3 | Global Industrial Solutions03112497 · Bijelo Polje | 7.5% | 2,478,734€ | -24.7% | 370,739€ | 15.0% | 9 | 1,680€ |
| 4 | Tula Company02645351 · Ulcinj | 4.9% | 1,626,741€ | +7.5% | 85,955€ | 5.3% | 14 | 692€ |
| 5 | Alu & PVC Milačić03092313 · Podgorica | 4.6% | 1,521,002€ | +92.8% | 49,127€ | 3.2% | 9 | 736€ |
| 6 | Pal03213501 · Podgorica | 3.9% | 1,298,845€ | +61.9% | 124,479€ | 9.6% | 5 | 2,471€ |
| 7 | Laring02831376 · Podgorica | 3.1% | 1,032,693€ | +51.1% | 252,016€ | 24.4% | 4 | 868€ |
| 8 | Zip02081059 · Danilovgrad | 2.8% | 918,237€ | -3.9% | 79,726€ | 8.7% | 10 | 1,456€ |
| 9 | Vujović Sistem03288706 · Nikšić | 2.4% | 804,934€ | +146.4% | 69,573€ | 8.6% | 11 | 911€ |
| 10 | Ivanmont02387573 · Podgorica | 1.9% | 612,599€ | +21.4% | 48,334€ | 7.9% | 8 | 1,549€ |
| 11 | MPM Company02703467 · Podgorica | 1.7% | 565,421€ | -4.3% | 27,237€ | 4.8% | 16 | 1,313€ |
| 12 | Necron03374629 · Bar | 1.5% | 505,634€ | +189.7% | -146€ | -0.0% | 5 | 613€ |
| 13 | Lival02778645 · Tuzi | 1.2% | 408,174€ | +152.8% | 21,553€ | 5.3% | 3 | 762€ |
| 14 | Radron02664640 · Podgorica | 1.1% | 362,559€ | +449.3% | -58,589€ | -16.2% | 4 | 770€ |
| 15 | Amz Montenegro02716224 · Zeta | 0.8% | 276,316€ | +2.7% | 2,443€ | 0.9% | 3 | 680€ |
| 16 | Lock Smith's Trade02646838 · Danilovgrad | 0.7% | 239,901€ | +13.8% | 45,876€ | 19.1% | 3 | 731€ |
| 17 | As Metal03350746 · Podgorica | 0.7% | 222,114€ | +116.4% | 31,346€ | 14.1% | 2 | 600€ |
| 18 | Ibd Metaloproizvod02705907 · Podgorica | 0.7% | 220,216€ | -25.7% | 16,291€ | 7.4% | 3 | 697€ |
| 19 | Valtec02285509 · Podgorica | 0.6% | 214,775€ | -12.2% | 2,742€ | 1.3% | 4 | 844€ |
| 20 | Vetal02339994 · Kotor | 0.6% | 194,432€ | +211.8% | 3,463€ | 1.8% | 3 | 718€ |
| 21 | M-Kosić02931745 · Herceg Novi | 0.6% | 193,782€ | +35.9% | 15,880€ | 8.2% | 2 | 615€ |
| 22 | Mil - Mont Sistem03637255 · Nikšić | 0.6% | 188,432€ | +161.6% | 2,133€ | 1.1% | 5 | 605€ |
| 23 | Montfe03078850 · Podgorica | 0.6% | 185,220€ | +55.7% | 19,362€ | 10.5% | 3 | 636€ |
| 24 | Oprema PG Mobilijar03448053 · Podgorica | 0.5% | 169,484€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,432€ | -14.4% | 1 | 13,269€ |
| 25 | Infinity Steel03341666 · Bijelo Polje | 0.5% | 162,670€ | +20.3% | 31,569€ | 19.4% | 8 | 939€ |
| 26 | Steelline03085597 · Podgorica | 0.5% | 157,549€ | -31.5% | -30,197€ | -19.2% | 2 | 4,018€ |
| 27 | M-Construction03423000 · Nikšić | 0.4% | 132,207€ | +47.7% | 13,098€ | 9.9% | 3 | 511€ |
| 28 | BK Dom03614271 · Nikšić | 0.4% | 126,463€ | +105.6% | 39,604€ | 31.3% | 1 | 368€ |
| 29 | Tim A03002373 · Podgorica | 0.4% | 118,141€ | -34.7% | 554€ | 0.5% | 3 | 889€ |
| 30 | Mib Montenegro03040364 · Danilovgrad | 0.4% | 117,129€ | +105.8% | 19,187€ | 16.4% | 2 | 523€ |
| 31 | Alu - Team02658879 · Budva | 0.3% | 101,726€ | +29.1% | 1,683€ | 1.7% | 3 | 675€ |
| 32 | Metali 21. Decembar03251268 · Nikšić | 0.3% | 98,269€ | -25.9% | 7,258€ | 7.4% | 1 | 1,468€ |
| 33 | Weldex03453995 · Podgorica | 0.3% | 98,228€ | +33.8% | -3,422€ | -3.5% | 3 | 745€ |
| 34 | Čelik Mont Stojev03605086 · Podgorica | 0.3% | 95,686€ | +31.7% | -18,295€ | -19.1% | 1 | 3,994€ |
| 35 | Black Titan03702260 · Podgorica | 0.3% | 92,961€ | +3,475.4% | 238€ | 0.3% | 1 | 506€ |
| 36 | Steel Solutions03431509 · Nikšić | 0.2% | 80,070€ | -8.7% | 524€ | 0.7% | 1 | 2,162€ |
| 37 | Krusa Mont02973103 · Podgorica | 0.2% | 79,920€ | -26.8% | 455€ | 0.6% | 2 | 678€ |
| 38 | Metal Bau03055221 · Pljevlja | 0.2% | 79,201€ | -12.7% | -17,984€ | -22.7% | 7 | 682€ |
| 39 | Inox Design02964287 · Budva | 0.2% | 67,465€ | +144.8% | 29,772€ | 44.1% | 1 | 678€ |
| 40 | Montemodule03646637 · Bar | 0.2% | 62,817€ | +14.6% | 9,910€ | 15.8% | 4 | 572€ |
| 41 | Lumino03617297 · Podgorica | 0.2% | 57,461€ | +55.7% | 9,014€ | 15.7% | 2 | 965€ |
| 42 | Novović03169880 · Podgorica | 0.2% | 55,560€ | -79.3% | -6,777€ | -12.2% | 1 | 879€ |
| 43 | Vargo Metal03607453 · Podgorica | 0.2% | 53,877€ | +48.5% | 640€ | 1.2% | 2 | 718€ |
| 44 | D&M Ključ Montenegro03348300 · Podgorica | 0.2% | 51,908€ | +113.2% | -1,328€ | -2.6% | 1 | 361€ |
| 45 | Cikotići03335445 · Podgorica | 0.2% | 51,852€ | +20.5% | 3,136€ | 6.0% | 2 | 411€ |
| 46 | Alu Fab03724492 · Podgorica | 0.1% | 39,864€ | No filing for 2024. | 1,923€ | 4.8% | 2 | 571€ |
| 47 | MCC-Framework03707628 · Budva | 0.1% | 39,652€ | No filing for 2024. | -3,743€ | -9.4% | 1 | 613€ |
| 48 | Tri N Inox02966441 · Herceg Novi | 0.1% | 35,601€ | -45.9% | -11,319€ | -31.8% | 1 | 841€ |
| 49 | Svarog Welding03750680 · Kotor | 0.1% | 35,334€ | No filing for 2024. | -5,561€ | -15.7% | 4 | 408€ |
| 50 | Welding-SK03650111 · Bijelo Polje | 0.1% | 33,338€ | +240.2% | -1,127€ | -3.4% | 2 | 625€ |