Revenue
2.5% of sector revenue
88 companies earned 36.11m€ in 2025, 2.5% of Manufacturing sector revenue. Revenue has grown 5.4× since 2015.
2.5% of sector revenue
29 with at most one employee
Largest employer: Ferro - Stil (40)
Median company 2.8% · 68% 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 51–88 of 88
* 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 | 6,678,938€ | 51 |
| 2016 | 6,983,464€ | 53 |
| 2017 | 8,831,039€ | 57 |
| 2018 | 12,720,561€ | 64 |
| 2019 | 14,874,877€ | 68 |
| 2020 | 14,959,607€ | 74 |
| 2021 | 18,884,018€ | 73 |
| 2022 | 21,574,026€ | 78 |
| 2023 | 25,539,260€ | 81 |
| 2024 | 31,711,097€ | 85 |
| 2025 (Preliminary) | 36,110,719€ | 88 |
Employees and payroll cost per employee per month*
0.2% |
| 85,127€ |
| -7.2% |
| 3,530€ |
| 4.1% |
| 4 |
| 634€ |
| 53 | Boka Plast02660300 · Tivat | 0.2% | 73,134€ | +32.4% | 1,840€ | 2.5% | 2 | 564€ |
| 54 | Vukal03634515 · Kotor | 0.2% | 61,977€ | +80.7% | 1,870€ | 3.0% | 2 | 736€ |
| 55 | Elamont02320487 · Herceg Novi | 0.2% | 56,724€ | +26.1% | -36,734€ | -64.8% | 1 | 2,283€ |
| 56 | G.G. Almont03276015 · Podgorica | 0.1% | 53,624€ | +67.5% | 6,656€ | 12.4% | 2 | 1,087€ |
| 57 | Megaplast Montenegro03270980 · Bijelo Polje | 0.1% | 48,366€ | -68.3% | 533€ | 1.1% | 1 | 904€ |
| 58 | A&D Capital03713644 · Zeta | 0.1% | 42,823€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,102€ | 4.9% | 2 | 678€ |
| 59 | ALU&PVC Bravarija First Class03720438 · Ulcinj | 0.1% | 42,149€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 369€ | 0.9% | 1 | 1,842€ |
| 60 | Metal-Finish02619873 · Podgorica | 0.1% | 40,928€ | -25.3% | 380€ | 0.9% | 1 | 732€ |
| 61 | Iliko Kom03638669 · Podgorica | <0.1% | 29,800€ | +135.0% | 8,474€ | 28.4% | 1 | 339€ |
| 62 | Inox Top Design03340023 · Budva | <0.1% | 25,675€ | -27.4% | -16,890€ | -65.8% | 1 | 641€ |
| 63 | Dekad Group03762238 · Bijelo Polje | <0.1% | 24,613€ | No filing for 2024. | -4,751€ | -19.3% | 2 | 324€ |
| 64 | As Business03354903 · Bijelo Polje | <0.1% | 24,070€ | +49.1% | 928€ | 3.9% | 3 | 568€ |
| 65 | Wolf Engineering Enterieri03126722 · Herceg Novi | <0.1% | 23,972€ | +26.5% | -47,414€ | -197.8% | 5 | 688€ |
| 66 | Eurosistem03533565 · Podgorica | <0.1% | 23,444€ | +5.0% | 1,552€ | 6.6% | 1 | 931€ |
| 67 | Lanixmont03570363 · Podgorica | <0.1% | 22,430€ | -31.2% | 2,764€ | 12.3% | 1 | 678€ |
| 68 | Milanmi Company03704823 · Herceg Novi | <0.1% | 18,123€ | +258.0% | 443€ | 2.4% | 2 | 369€ |
| 69 | Fenster Tehnik03533107 · Herceg Novi | <0.1% | 14,975€ | +130.4% | -196€ | -1.3% | 1 | 753€ |
| 70 | Al - Plast Kandić03228878 · Ulcinj | <0.1% | 12,314€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,671€ | -62.3% | 2 | 621€ |
| 71 | Bravarija Vujačić03580245 · Herceg Novi | <0.1% | 10,610€ | -43.8% | -11,911€ | -112.3% | 2 | 677€ |
| 72 | Dea Al03039714 · Ulcinj | <0.1% | 9,800€ | -13.3% | -6,047€ | -61.7% | 1 | 674€ |
| 73 | Alhana03791947 · Bar | <0.1% | 6,650€ | No filing for 2024. | 147€ | 2.2% | 2 | — |
| 74 | Goni Company03663108 · Ulcinj | <0.1% | 6,135€ | +1,263.3% | -8,823€ | -143.8% | 2 | 505€ |
| 75 | NB Solution03434281 · Bar | <0.1% | 3,681€ | +253.9% | 744€ | 20.2% | 1 | — |
| 76 | Big R03802248 · Bijelo Polje | <0.1% | 3,580€ | No filing for 2024. | 2,542€ | 71.0% | 1 | — |
| 77 | Nursal Company03168611 · Rožaje | <0.1% | 2,346€ | -80.5% | -1,704€ | -72.6% | 1 | 338€ |
| 78 | Alluform03626440 · Budva | <0.1% | 1,618€ | -63.0% | -6,570€ | -406.1% | 1 | 675€ |
| 79 | Rolomont 200002349868 · Bar | <0.1% | 1,015€ | -89.8% | -64,094€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 689€ |
| 80 | PVC Pingo03254607 · Podgorica | <0.1% | 350€ | -94.2% | 0€ | 0.0% | 1 | — |
| 81 | David Trade03040216 · Herceg Novi | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 82 | Eliminirax03502473 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,003€ | — | 1 | 339€ |
| 83 | Lali-Comerc02177889 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -901€ | — | 1 | — |
| 84 | Mami Dekor03302156 · Bar | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,607€ | — | 1 | 339€ |
| 85 | Nedin & Nedina03500721 · Ulcinj | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,203€ | — | 1 | 678€ |
| 86 | Alu Momex02340232 · Podgorica | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,005€ | — | 1 | — |
| 87 | Ferrosteel02748860 · Kotor | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,310€ | — | 1 | 675€ |
| 88 | Pemmax03722465 · Nikšić | 0.0% | 0€ | No filing for 2024. | -2,037€ | — | 1 | — |