Revenue
1.0% of sector revenue
17 companies earned 13.92m€ in 2025, 1.0% of Manufacturing sector revenue. Revenue has grown 5.7× since 2015.
1.0% of sector revenue
8 with at most one employee
Largest employer: Stožer Energy (24)
Median company 6.4% · 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
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–17 of 17
* 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 | 2,444,214€ | 2 |
| 2016 | 11,523,769€ | 2 |
| 2017 | 4,089,228€ | 2 |
| 2018 | 6,603,460€ | 5 |
| 2019 | 9,947,742€ | 9 |
| 2020 | 4,686,688€ | 10 |
| 2021 | 4,644,183€ | 8 |
| 2022 | 7,304,178€ | 8 |
| 2023 | 7,555,653€ | 12 |
| 2024 | 10,077,271€ | 13 |
| 2025 (Preliminary) | 13,920,769€ | 17 |
19.9% |
| 2,767,758€ |
| +5.8% |
| 160,709€ |
| 5.8% |
| 23 |
| 1,678€ |
| 3 | Ge Vernova Montenegro03081028 · Podgorica | 17.5% | 2,440,009€ | +4.6% | 118,823€ | 4.9% | 5 | 3,288€ |
| 4 | Novi Sjever Mont03288650 · Podgorica | 9.7% | 1,348,078€ | -58.0% | 20,396€ | 1.5% | 7 | 1,800€ |
| 5 | Termoelektro-Mont02303124 · Podgorica | 8.6% | 1,202,292€ | -11.3% | 246,432€ | 20.5% | 23 | 2,039€ |
| 6 | Stožer Energy03745163 · Pljevlja | 3.6% | 502,915€ | No filing for 2024. | 104,784€ | 20.8% | 24 | 1,249€ |
| 7 | Iron Protection03663744 · Budva | 1.2% | 160,792€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 79,046€ | 49.2% | 1 | 5,881€ |
| 8 | West Balkans Machinery CG03280411 · Pljevlja | 1.1% | 153,943€ | +32.8% | 12,060€ | 7.8% | 1 | 1,300€ |
| 9 | Euro Globalservice Wind S.R.L03781062 · Podgorica | 1.0% | 135,539€ | No filing for 2024. | 30,602€ | 22.6% | 6 | 872€ |
| 10 | Boolean Automation03533778 · Budva | 0.9% | 129,056€ | -18.7% | 73,957€ | 57.3% | 1 | 678€ |
| 11 | Eniac Company03543358 · Podgorica | 0.9% | 119,121€ | -38.0% | 8,299€ | 7.0% | 2 | 3,566€ |
| 12 | Moki Cranes03255107 · Kolašin | 0.4% | 51,730€ | +38.8% | 99€ | 0.2% | 3 | — |
| 13 | Ie Farid Garaev03634680 · Herceg Novi | 0.2% | 26,622€ | -57.3% | -12,942€ | -48.6% | 1 | 3,180€ |
| 14 | DSC Process03794156 · Budva | <0.1% | 1€ | No filing for 2024. | -217€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 15 | Abacus Automation Systems03584445 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,006€ | — | 1 | 670€ |
| 16 | DCS Projekt03794083 · Budva | 0.0% | 0€ | No filing for 2024. | -218€ | — | 1 | — |
| 17 | Mirrey Trade Invest LTD03333949 · Budva | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,293€ | — | 2 | 793€ |