Revenue
42.9% of Montenegro's revenue
7,526 companies earned 7.57b€ in 2025, 42.9% of all company revenue in Montenegro. It ranks 1 of 18 sectors by revenue. Revenue has grown 2.5× since 2015.
42.9% of Montenegro's revenue
3,805 with at most one employee
Largest employer: Idea - CG (2,426)
Total profit: 350.30m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 2,971,153,191€ | 4,060 |
| 2016 | 3,198,233,406€ | 4,290 |
| 2017 | 3,554,785,630€ | 4,582 |
| 2018 | 3,809,510,493€ | 5,123 |
| 2019 | 4,081,616,436€ | 5,434 |
| 2020 | 3,563,173,504€ | 5,695 |
| 2021 | 4,278,999,766€ | 5,984 |
| 2022 | 5,379,725,921€ | 6,611 |
| 2023 | 6,481,279,069€ | 7,470 |
| 2024 | 6,924,215,931€ | 7,746 |
| 2025 (Preliminary) | 7,568,788,891€ | 7,526 |
Growth is measured on the same companies, which filed for both years.
Share of the sector's revenue
Revenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 51–100 of 7,526
* 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 294 sole proprietors: natural persons whose statements are shown only in aggregate, never by name. The company count excludes them. How we calculate →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 51 | Multicom Retail02759535 · Podgorica | 0.3% | 25,651,468€ | +32.8% | 287,800€ | 1.1% | 120 | 1,303€ |
| 52 | Drvomont02367858 · Kotor | 0.3% | 25,094,735€ | +13.0% | 1,404,572€ | 5.6% | 131 | 994€ |
| 53 | Zeta Trade02634163 · Zeta | 0.3% | 24,610,794€ | +32.0% | 1,320,997€ | 5.4% | 16 | 1,303€ |
| 54 | Tea Medica02404184 · Podgorica | 0.3% | 24,413,901€ | +4.9% | 1,318,228€ | 5.4% | 210 | 1,258€ |
| 55 | Euro Petrol CG02925940 · Podgorica | 0.3% | 23,538,570€ | +20.6% | 217,636€ | 0.9% | 39 | 1,992€ |
| 56 | Knjaz Miloš - Montenegro02309084 · Kotor | 0.3% | 23,356,721€ | +16.1% | 1,023,316€ | 4.4% | 37 | 1,994€ |
| 57 | Carlsberg Montenegro02657457 · Podgorica | 0.3% | 22,907,450€ | +5.4% | 1,561,029€ | 6.8% | 31 | 1,893€ |
| 58 | LC Waikiki Retail Mne Podgorica03194817 · Podgorica | 0.3% | 21,429,051€ | +7.7% | 2,453,183€ | 11.4% | 135 | 1,314€ |
| 59 | Alim Grup03128075 · Bar | 0.3% | 20,765,392€ | +7.6% | 1,000,915€ | 4.8% | 6 | 1,225€ |
| 60 | Castellana Co02244128 · Tuzi | 0.3% | 20,741,647€ | +9.5% | 292,353€ | 1.4% | 139 | 1,100€ |
| 61 | Glosarij CD02894998 · Podgorica | 0.3% | 20,129,791€ | +9.1% | 6,101,912€ | 30.3% | 20 | 2,603€ |
| 62 | Autočačak Podgorica02466414 · Zeta | 0.3% | 19,310,229€ | +4.0% | 1,934,906€ | 10.0% | 24 | 1,439€ |
| 63 | Arivera Fruit03716104 · Tuzi | 0.3% | 19,109,615€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -58,998€ | -0.3% | 33 | 1,582€ |
| 64 | Osmanagić Co02293544 · Nikšić | 0.3% | 19,033,953€ | -13.6% | 1,533,803€ | 8.1% | 50 | 1,231€ |
| 65 | Kim Tec CG02438372 · Podgorica | 0.3% | 19,006,331€ | -30.9% | 1,402,917€ | 7.4% | 33 | 1,780€ |
| 66 | Bobi Commerce02186586 · Zeta | 0.2% | 18,155,046€ | +1.5% | 634,257€ | 3.5% | 40 | 1,821€ |
| 67 | Dajković Co Namos02333325 · Podgorica | 0.2% | 18,142,233€ | +7.3% | 3,112,885€ | 17.2% | 107 | 1,959€ |
| 68 | Home Systems02709392 · Podgorica | 0.2% | 17,856,524€ | +10.6% | 2,289,266€ | 12.8% | 49 | 1,377€ |
| 69 | Swisslion Takovo02645874 · Podgorica | 0.2% | 17,543,752€ | -3.4% | -153,973€ | -0.9% | 177 | 859€ |
| 70 | Entext02086484 · Podgorica | 0.2% | 17,243,889€ | No filing for 2024. | 169,397€ | 1.0% | 106 | 1,359€ |
| 71 | Vegapharm Mne02194007 · Podgorica | 0.2% | 17,120,523€ | +7.3% | 422,221€ | 2.5% | 176 | 1,141€ |
| 72 | Euro Tehnika MN02338181 · Podgorica | 0.2% | 16,827,387€ | +9.3% | 834,110€ | 5.0% | 99 | 1,252€ |
| 73 | Kuća Hemije02363933 · Podgorica | 0.2% | 16,796,632€ | +15.0% | 1,546,006€ | 9.2% | 160 | 1,127€ |
| 74 | Tehno Plus02325454 · Podgorica | 0.2% | 16,143,172€ | -1.6% | 126,657€ | 0.8% | 96 | 1,447€ |
| 75 | Solaris & Co02375036 · Ulcinj | 0.2% | 16,042,770€ | +14.0% | 532,364€ | 3.3% | 81 | 975€ |
| 76 | Farmont M.P.02327066 · Danilovgrad | 0.2% | 15,868,701€ | +9.8% | 1,023,704€ | 6.5% | 48 | 2,642€ |
| 77 | Veletex02395673 · Podgorica | 0.2% | 15,799,100€ | +0.0% | 918,759€ | 5.8% | 111 | 1,303€ |
| 78 | Roaming Montenegro02451336 · Nikšić | 0.2% | 15,575,227€ | +12.4% | 2,786,897€ | 17.9% | 20 | 2,389€ |
| 79 | Ribnica Commerce02046954 · Podgorica | 0.2% | 15,252,362€ | +9.3% | 959,492€ | 6.3% | 66 | 1,147€ |
| 80 | As Jewelry03169855 · Kotor | 0.2% | 14,952,583€ | +63.0% | 756,062€ | 5.1% | 38 | 1,309€ |
| 81 | Voli Motors02846187 · Podgorica | 0.2% | 14,651,666€ | +38.2% | 1,246,191€ | 8.5% | 28 | 1,491€ |
| 82 | Medica02171058 · Podgorica | 0.2% | 14,212,285€ | +24.9% | 975,398€ | 6.9% | 13 | 2,173€ |
| 83 | Ljetopis Automotive02357992 · Podgorica | 0.2% | 14,169,241€ | -13.3% | 765,758€ | 5.4% | 42 | 1,852€ |
| 84 | Gorenje- Podgorica02235455 · Podgorica | 0.2% | 13,888,104€ | +5.2% | 145,860€ | 1.1% | 8 | 5,218€ |
| 85 | Nall International02327953 · Podgorica | 0.2% | 13,750,990€ | +6.3% | 1,230,953€ | 9.0% | 90 | 1,273€ |
| 86 | Elkos02278758 · Rožaje | 0.2% | 13,575,438€ | +9.0% | 712,300€ | 5.2% | 80 | 795€ |
| 87 | Kidzone03267652 · Podgorica | 0.2% | 13,521,261€ | +12.6% | 2,571,285€ | 19.0% | 102 | 1,420€ |
| 88 | Roma Company02740338 · Danilovgrad | 0.2% | 13,363,899€ | +16.3% | 618,444€ | 4.6% | 19 | 2,307€ |
| 89 | New Yorker Montenegro02778343 · Podgorica | 0.2% | 13,280,234€ | +20.3% | 2,846,818€ | 21.4% | 88 | 1,079€ |
| 90 | Slavija02415216 · Budva | 0.2% | 12,983,618€ | +6.0% | 715,034€ | 5.5% | 102 | 1,569€ |
| 91 | Urion02301245 · Podgorica | 0.2% | 12,780,612€ | -4.0% | 2,355,466€ | 18.4% | 23 | 1,909€ |
| 92 | Brevi02337843 · Podgorica | 0.2% | 12,723,547€ | +7.7% | 255,028€ | 2.0% | 25 | 695€ |
| 93 | Matino-Company02298007 · Bijelo Polje | 0.2% | 12,664,945€ | +13.2% | 1,218,723€ | 9.6% | 62 | 1,042€ |
| 94 | Ewe Montenegro03059812 · Podgorica | 0.2% | 12,284,404€ | +9.7% | 589,030€ | 4.8% | 16 | 1,821€ |
| 95 | Ben -Kov02363747 · Tivat | 0.2% | 12,214,464€ | +43.2% | 1,047,618€ | 8.6% | 16 | 1,464€ |
| 96 | Bar Trade02651696 · Bar | 0.2% | 12,013,343€ | +19.6% | 424,142€ | 3.5% | 37 | 1,775€ |
| 97 | Montenegro Duty Free03277429 | 0.2% | 12,011,471€ | +23.0% | 980,482€ | 8.2% | 46 | 2,329€ |
| 98 | Nivel Stovarište Đurović03103099 · Podgorica | 0.2% | 11,934,979€ | +14.9% | 615,530€ | 5.2% | 27 | 1,148€ |
| 99 | Femić Trade02872528 · Bar | 0.2% | 11,881,602€ | +21.1% | 599,900€ | 5.0% | 65 | 1,430€ |
| 100 | Uno-NK02375885 · Nikšić | 0.2% | 11,867,349€ | -5.4% | 1,637,590€ | 13.8% | 160 | 864€ |