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 201–250 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* |
|---|
| 201 | Vujačić Id02316994 · Zeta | <0.1% | 5,300,297€ | +5.2% | 1,067,430€ | 20.1% | 18 | 1,580€ |
| 202 | Marine Food03507041 · Podgorica | <0.1% | 5,289,212€ | +71.8% | 255,252€ | 4.8% | 3 | 5,289€ |
| 203 | Frigo Sistem02705826 · Nikšić | <0.1% | 5,240,484€ | +23.2% | 258,408€ | 4.9% | 13 | 2,034€ |
| 204 | Metalac Market Podgorica02626756 · Podgorica | <0.1% | 5,166,447€ | +3.8% | 177,038€ | 3.4% | 52 | 1,257€ |
| 205 | Micromedia02327775 · Podgorica | <0.1% | 5,161,257€ | +6.8% | 239,697€ | 4.6% | 19 | 2,179€ |
| 206 | Gvam Pharm02232189 · Nikšić | <0.1% | 5,132,875€ | +18.5% | 96,454€ | 1.9% | 29 | 1,382€ |
| 207 | Builder Fox03030920 · Podgorica | <0.1% | 5,120,369€ | +61.3% | 555,789€ | 10.9% | 45 | 1,551€ |
| 208 | Baranka Export-Import Pejanović02122570 · Bar | <0.1% | 5,116,193€ | -17.3% | 296,069€ | 5.8% | 6 | 2,999€ |
| 209 | Office Shoes Mne02454742 · Podgorica | <0.1% | 5,004,632€ | +7.1% | 476,643€ | 9.5% | 53 | 1,008€ |
| 210 | Elektron02058456 · Berane | <0.1% | 4,947,505€ | +19.3% | 414,584€ | 8.4% | 18 | 1,291€ |
| 211 | MM Market02910217 · Pljevlja | <0.1% | 4,930,028€ | +16.5% | 215,476€ | 4.4% | 38 | 734€ |
| 212 | Dewaco M03146316 · Danilovgrad | <0.1% | 4,910,040€ | +32.9% | 25,771€ | 0.5% | 11 | 1,956€ |
| 213 | Planika - Montenegro02085666 · Nikšić | <0.1% | 4,883,253€ | -1.5% | 645,305€ | 13.2% | 69 | 946€ |
| 214 | Kramar03231321 · Podgorica | <0.1% | 4,882,754€ | +18.4% | 40,614€ | 0.8% | 7 | 923€ |
| 215 | Icentar02856255 · Podgorica | <0.1% | 4,850,508€ | -5.5% | 43,620€ | 0.9% | 11 | 1,513€ |
| 216 | Anđelić Plast02467623 · Podgorica | <0.1% | 4,752,681€ | +13.4% | 391,142€ | 8.2% | 35 | 1,610€ |
| 217 | Vortex Trading03733025 · Podgorica | <0.1% | 4,752,040€ | No filing for 2024. | 1,673,706€ | 35.2% | 2 | 1,502€ |
| 218 | Kamel02442639 · Bijelo Polje | <0.1% | 4,736,601€ | +10.0% | 43,253€ | 0.9% | 32 | 802€ |
| 219 | Integra02341972 · Podgorica | <0.1% | 4,733,996€ | +117.1% | 1,023,243€ | 21.6% | 6 | 1,031€ |
| 220 | PC Planet02941937 · Podgorica | <0.1% | 4,719,170€ | +16.2% | 47,838€ | 1.0% | 36 | 877€ |
| 221 | Euro - Unit02643685 · Podgorica | <0.1% | 4,709,006€ | +29.6% | 758,224€ | 16.1% | 12 | 1,563€ |
| 222 | ML Company02420082 · Nikšić | <0.1% | 4,678,905€ | +72.1% | 308,038€ | 6.6% | 1 | 844€ |
| 223 | FG Promet02926415 · Podgorica | <0.1% | 4,677,633€ | +21.2% | 280,449€ | 6.0% | 23 | 812€ |
| 224 | Tekom Promet02046733 · Podgorica | <0.1% | 4,662,916€ | -6.2% | 591,757€ | 12.7% | 17 | 1,407€ |
| 225 | Luxor02328941 · Nikšić | <0.1% | 4,660,764€ | +10.9% | 504,661€ | 10.8% | 44 | 1,030€ |
| 226 | Monte D02955679 · Tuzi | <0.1% | 4,639,929€ | +7.1% | 608,638€ | 13.1% | 36 | 1,115€ |
| 227 | Pontera Pharma Solutions03141284 · Podgorica | <0.1% | 4,638,042€ | +23.8% | 272,772€ | 5.9% | 20 | 2,073€ |
| 228 | Jera Plus03208206 · Podgorica | <0.1% | 4,569,504€ | -21.5% | 69,357€ | 1.5% | 1 | 1,625€ |
| 229 | Mainframe03126277 · Podgorica | <0.1% | 4,557,439€ | -11.5% | 105,963€ | 2.3% | 16 | 1,502€ |
| 230 | Teknoxgroup Crna Gora02312450 · Danilovgrad | <0.1% | 4,555,886€ | -15.7% | 45,460€ | 1.0% | 13 | 2,729€ |
| 231 | Asmira&Co03229696 · Herceg Novi | <0.1% | 4,553,218€ | +102.1% | 196,269€ | 4.3% | 5 | 1,644€ |
| 232 | Amb Montepak02865262 · Nikšić | <0.1% | 4,548,747€ | +44.5% | 16,473€ | 0.4% | 1 | — |
| 233 | Fashion Porto02654105 · Tivat | <0.1% | 4,531,856€ | -7.2% | 188,407€ | 4.2% | 24 | 1,969€ |
| 234 | Ideal Crna Gora03269701 · Bijelo Polje | <0.1% | 4,507,070€ | +19.5% | 365,534€ | 8.1% | 10 | 1,221€ |
| 235 | Podrumar02828499 · Budva | <0.1% | 4,496,157€ | -1.5% | 313,298€ | 7.0% | 10 | 996€ |
| 236 | Jadran Market02354845 · Ulcinj | <0.1% | 4,469,299€ | +5.7% | 178,254€ | 4.0% | 40 | 872€ |
| 237 | Agromarket CG02631512 · Danilovgrad | <0.1% | 4,446,541€ | +6.5% | 519,397€ | 11.7% | 11 | 1,739€ |
| 238 | Euro Casa02865971 · Podgorica | <0.1% | 4,423,582€ | +9.0% | 1,183,392€ | 26.8% | 20 | 1,499€ |
| 239 | Sirex02732688 · Zeta | <0.1% | 4,390,850€ | +11.2% | 242,648€ | 5.5% | 9 | 1,146€ |
| 240 | Impex Montenegro03093603 · Rožaje | <0.1% | 4,355,461€ | +48.8% | 325,954€ | 7.5% | 6 | 1,529€ |
| 241 | Baćović02273233 · Nikšić | <0.1% | 4,350,542€ | -0.4% | 64,897€ | 1.5% | 37 | 733€ |
| 242 | Free Technics02431092 · Danilovgrad | <0.1% | 4,341,383€ | +13.7% | 675,696€ | 15.6% | 14 | 1,458€ |
| 243 | Real Fashion02722437 · Podgorica | <0.1% | 4,322,618€ | +12.6% | 44,038€ | 1.0% | 37 | 999€ |
| 244 | VSG Commerce02070677 · Podgorica | <0.1% | 4,263,137€ | +2.9% | 67,670€ | 1.6% | 30 | 991€ |
| 245 | Kastex02122189 · Podgorica | <0.1% | 4,250,054€ | +3.2% | 681,531€ | 16.0% | 17 | 1,923€ |
| 246 | Inter Spirits03045749 · Podgorica | <0.1% | 4,240,902€ | +9.5% | 120,869€ | 2.9% | 23 | 839€ |
| 247 | Skechers S.A.R.L03041719 · Podgorica | <0.1% | 4,219,381€ | +36.3% | 1,508,694€ | 35.8% | 0 | — |
| 248 | Kansai Helios Crna Gora02786761 · Podgorica | <0.1% | 4,209,963€ | +25.1% | 187,455€ | 4.5% | 12 | 1,941€ |
| 249 | Pamex02310724 · Kotor | <0.1% | 4,209,155€ | +18.0% | 239,087€ | 5.7% | 11 | 1,053€ |
| 250 | Radona-Trade02208962 · Budva | <0.1% | 4,191,239€ | -0.5% | 554,568€ | 13.2% | 49 | 1,301€ |