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 151–200 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* |
|---|
| 151 | Etc03028828 · Podgorica | <0.1% | 7,383,437€ | +4.5% | 129,802€ | 1.8% | 14 | 736€ |
| 152 | Franca Marketi02984121 · Bijelo Polje | <0.1% | 7,372,725€ | +4.1% | 730,390€ | 9.9% | 20 | 1,378€ |
| 153 | Coreit02775018 · Podgorica | <0.1% | 7,368,417€ | +3.5% | 1,903,126€ | 25.8% | 38 | 1,597€ |
| 154 | Falcon Commerce03012581 · Podgorica | <0.1% | 7,289,849€ | -15.6% | 134,114€ | 1.8% | 35 | 1,566€ |
| 155 | Lanex02055066 · Kotor | <0.1% | 7,164,445€ | +2.2% | 149,542€ | 2.1% | 21 | 755€ |
| 156 | Also Montenegro02412691 · Podgorica | <0.1% | 7,057,187€ | +11.3% | 130,104€ | 1.8% | 13 | 2,694€ |
| 157 | Nedim Komerc02215209 · Ulcinj | <0.1% | 7,037,245€ | +53.6% | 345,205€ | 4.9% | 12 | 854€ |
| 158 | PDG Professional Development Group02755149 · Podgorica | <0.1% | 6,994,709€ | +55.3% | 606,674€ | 8.7% | 19 | 1,655€ |
| 159 | E - Plus02695731 · Bar | <0.1% | 6,986,966€ | -15.6% | 74,245€ | 1.1% | 46 | 973€ |
| 160 | Šahović Company02249391 · Podgorica | <0.1% | 6,938,306€ | +5.7% | 91,525€ | 1.3% | 49 | 772€ |
| 161 | Stela Bu202925567 · Budva | <0.1% | 6,838,030€ | +10.4% | 541,107€ | 7.9% | 82 | 814€ |
| 162 | Leandro02378094 · Podgorica | <0.1% | 6,819,548€ | +11.9% | 566,755€ | 8.3% | 81 | 1,266€ |
| 163 | Enter02818345 · Podgorica | <0.1% | 6,780,571€ | +33.1% | 785,390€ | 11.6% | 25 | 1,550€ |
| 164 | Uz Motors03204057 · Podgorica | <0.1% | 6,745,647€ | +267.4% | 160,077€ | 2.4% | 1 | 678€ |
| 165 | Tis Monte03370429 · Podgorica | <0.1% | 6,673,821€ | +19.9% | 33,866€ | 0.5% | 6 | 1,642€ |
| 166 | Powerchina Hebei Engineering Corporation Limited China03397084 · Pljevlja | <0.1% | 6,613,967€ | +142.5% | 159,403€ | 2.4% | 2 | 9,581€ |
| 167 | Panto Distribucija02859009 · Podgorica | <0.1% | 6,552,331€ | +7.1% | 8,349€ | 0.1% | 9 | 3,337€ |
| 168 | Winner Company03314006 · Zeta | <0.1% | 6,506,511€ | +21.9% | 114,321€ | 1.8% | 2 | 1,497€ |
| 169 | Orbico02864533 · Podgorica | <0.1% | 6,444,840€ | +26.9% | 346,790€ | 5.4% | 30 | 1,864€ |
| 170 | Atlanta M03534383 · Bar | <0.1% | 6,285,847€ | -19.5% | 362,854€ | 5.8% | 1 | 1,661€ |
| 171 | Đak Sport03020223 · Podgorica | <0.1% | 6,273,862€ | +20.7% | 28,390€ | 0.5% | 73 | 824€ |
| 172 | Euro Dom03010996 · Podgorica | <0.1% | 6,250,812€ | +16.5% | 1,226,905€ | 19.6% | 25 | 753€ |
| 173 | Montenegro Pack03295516 · Podgorica | <0.1% | 6,243,158€ | +598.8% | 165,476€ | 2.7% | 7 | 1,380€ |
| 174 | Vira03416291 · Budva | <0.1% | 6,230,346€ | -60.4% | 576,605€ | 9.3% | 3 | 825€ |
| 175 | Eminent02088398 · Podgorica | <0.1% | 6,167,074€ | -9.8% | 295,365€ | 4.8% | 20 | 2,540€ |
| 176 | Studio Moderna Crna Gora02783746 · Podgorica | <0.1% | 6,156,577€ | +2.9% | 345,510€ | 5.6% | 114 | 940€ |
| 177 | Norma02168871 · Budva | <0.1% | 6,079,547€ | +61.7% | 356,591€ | 5.9% | 41 | 1,560€ |
| 178 | HB Com02402971 · Ulcinj | <0.1% | 6,030,189€ | +8.1% | 242,595€ | 4.0% | 40 | 1,033€ |
| 179 | M Fish02758946 · Bar | <0.1% | 5,885,943€ | +15.8% | 725,598€ | 12.3% | 11 | 1,684€ |
| 180 | NTC02678187 · Nikšić | <0.1% | 5,846,379€ | -7.3% | 57,513€ | 1.0% | 35 | 1,233€ |
| 181 | Medicor02196344 · Kotor | <0.1% | 5,806,162€ | +17.8% | 93,299€ | 1.6% | 37 | 1,752€ |
| 182 | BSS02724324 · Podgorica | <0.1% | 5,784,404€ | +24.0% | 871,262€ | 15.1% | 49 | 1,091€ |
| 183 | Dulović02109891 · Mojkovac | <0.1% | 5,775,023€ | +7.8% | 377,813€ | 6.5% | 37 | 1,247€ |
| 184 | Stole&M.I.02378108 · Budva | <0.1% | 5,745,638€ | +12.3% | 137,802€ | 2.4% | 11 | 1,428€ |
| 185 | Ital Prof02295733 · Podgorica | <0.1% | 5,684,239€ | +4.0% | 372,206€ | 6.5% | 31 | 1,446€ |
| 186 | Slatka 0103492753 · Bijelo Polje | <0.1% | 5,683,438€ | +129.3% | 138,252€ | 2.4% | 5 | 653€ |
| 187 | Farmalab02729164 · Podgorica | <0.1% | 5,663,395€ | +32.6% | 391,416€ | 6.9% | 25 | 1,501€ |
| 188 | Bar - Kod Shop02350386 · Podgorica | <0.1% | 5,654,895€ | +14.9% | 1,034,734€ | 18.3% | 48 | 1,121€ |
| 189 | 7. Avgust02109131 · Podgorica | <0.1% | 5,644,701€ | +1.4% | 502,896€ | 8.9% | 50 | 1,087€ |
| 190 | Dulw D Trade02314061 · Podgorica | <0.1% | 5,625,064€ | -5.2% | 395,546€ | 7.0% | 15 | 1,701€ |
| 191 | Noblewood Market03514889 · Tivat | <0.1% | 5,612,784€ | +18.2% | 134,433€ | 2.4% | 40 | 8,281€ |
| 192 | San Francisko02206196 · Zeta | <0.1% | 5,578,865€ | +5.4% | 118,647€ | 2.1% | 4 | 604€ |
| 193 | Zeta Petrol03044629 · Zeta | <0.1% | 5,570,156€ | +13.8% | 153,853€ | 2.8% | 8 | 840€ |
| 194 | Timicom02305852 · Herceg Novi | <0.1% | 5,556,274€ | -0.3% | -204,971€ | -3.7% | 32 | 1,998€ |
| 195 | B&B Komerc Petričević02338718 · Podgorica | <0.1% | 5,468,137€ | -6.7% | 451,877€ | 8.3% | 36 | 898€ |
| 196 | Feal Crna Gora02647435 · Podgorica | <0.1% | 5,457,653€ | +14.3% | 527,127€ | 9.7% | 11 | 1,369€ |
| 197 | Insignitus Gold03470113 · Podgorica | <0.1% | 5,417,741€ | -12.7% | 127,292€ | 2.3% | 2 | 2,214€ |
| 198 | Pegasus02739208 · Cetinje | <0.1% | 5,375,954€ | -0.2% | 73,261€ | 1.4% | 26 | 1,140€ |
| 199 | MMS02049309 · Tuzi | <0.1% | 5,328,828€ | -25.0% | 33,534€ | 0.6% | 70 | 902€ |
| 200 | Napredak02033542 · Kotor | <0.1% | 5,320,548€ | -0.6% | 1,499,038€ | 28.2% | 41 | 1,616€ |