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 251–300 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* |
|---|
| 251 | Venkon Technix03164462 · Podgorica | <0.1% | 4,179,210€ | -34.5% | 83,560€ | 2.0% | 12 | 1,379€ |
| 252 | Koll.Sti03241424 · Bar | <0.1% | 4,151,594€ | +19.5% | 194,365€ | 4.7% | 2 | 1,455€ |
| 253 | Tehno Lux02390264 · Podgorica | <0.1% | 4,117,460€ | -0.6% | 382,842€ | 9.3% | 13 | 719€ |
| 254 | Help02901137 · Podgorica | <0.1% | 4,115,369€ | -9.4% | 104,880€ | 2.5% | 47 | 1,121€ |
| 255 | Mobilars02320096 · Ulcinj | <0.1% | 4,086,420€ | +23.4% | 675,722€ | 16.5% | 21 | 719€ |
| 256 | Inter Pharm03036944 · Podgorica | <0.1% | 4,078,776€ | +22.3% | 279,502€ | 6.9% | 9 | 1,830€ |
| 257 | Dobra Priča03070603 · Budva | <0.1% | 4,068,792€ | +53.2% | 172,700€ | 4.2% | 3 | 1,606€ |
| 258 | Monolith Mne Service03359204 · Budva | <0.1% | 4,054,895€ | -14.1% | 311,482€ | 7.7% | 7 | 1,694€ |
| 259 | Club Med03327639 · Podgorica | <0.1% | 4,041,303€ | +2.9% | 318,896€ | 7.9% | 35 | 699€ |
| 260 | HRC03029034 · Nikšić | <0.1% | 4,037,306€ | +16.4% | 1,197,398€ | 29.7% | 65 | 1,347€ |
| 261 | Flint Šped02792460 · Cetinje | <0.1% | 4,028,326€ | -27.4% | 258,487€ | 6.4% | 1 | 2,973€ |
| 262 | Atlantic Investment02935147 · Budva | <0.1% | 3,998,025€ | +20.5% | 78,932€ | 2.0% | 27 | 1,014€ |
| 263 | Truka Trejd02427613 · Podgorica | <0.1% | 3,976,486€ | +8.2% | 237,937€ | 6.0% | 4 | 1,715€ |
| 264 | Alba Petrol02764130 · Tuzi | <0.1% | 3,975,977€ | -4.0% | 127,753€ | 3.2% | 10 | 1,238€ |
| 265 | Energy Star International03081958 · Podgorica | <0.1% | 3,953,173€ | -0.0% | 316,264€ | 8.0% | 22 | 1,267€ |
| 266 | Lamiga Group02821885 · Ulcinj | <0.1% | 3,948,229€ | -7.0% | 315,702€ | 8.0% | 48 | 762€ |
| 267 | Jelena02374960 · Bar | <0.1% | 3,921,072€ | -22.2% | 173,290€ | 4.4% | 12 | 1,429€ |
| 268 | Electro Group03078477 · Podgorica | <0.1% | 3,915,344€ | -4.2% | 718,268€ | 18.3% | 23 | 1,258€ |
| 269 | Frutko - Company02638240 · Budva | <0.1% | 3,910,698€ | +8.4% | 153,204€ | 3.9% | 13 | 1,085€ |
| 270 | Berba02811227 · Tivat | <0.1% | 3,895,779€ | +3.3% | 217,629€ | 5.6% | 17 | 2,052€ |
| 271 | Popović Elektro Sistem02264811 · Podgorica | <0.1% | 3,895,734€ | -4.4% | 219,735€ | 5.6% | 36 | 1,388€ |
| 272 | Alfa - Trade02206374 · Mojkovac | <0.1% | 3,885,470€ | +8.9% | 130,856€ | 3.4% | 11 | 1,620€ |
| 273 | Montenegro - Petrol02241889 · Podgorica | <0.1% | 3,877,083€ | -21.1% | 6,546€ | 0.2% | 34 | 1,058€ |
| 274 | Vitapur03021262 · Podgorica | <0.1% | 3,868,212€ | +10.1% | 156,866€ | 4.1% | 42 | 1,008€ |
| 275 | Concordia-Comerc02054566 · Ulcinj | <0.1% | 3,845,795€ | -7.1% | 245,036€ | 6.4% | 34 | 1,042€ |
| 276 | Jasmil Montenegro02452529 · Podgorica | <0.1% | 3,834,601€ | +14.3% | 13,653€ | 0.4% | 31 | 1,160€ |
| 277 | Fidelitas Pharm02901544 · Bar | <0.1% | 3,830,413€ | +12.1% | 57,513€ | 1.5% | 7 | 1,540€ |
| 278 | Art Ceramic02997894 · Tuzi | <0.1% | 3,816,622€ | +15.2% | 635,842€ | 16.7% | 13 | 2,045€ |
| 279 | Vuksanović Plus03013839 · Budva | <0.1% | 3,813,286€ | -8.5% | 127,985€ | 3.4% | 12 | 614€ |
| 280 | Dalas-Namještaj03145379 · Rožaje | <0.1% | 3,806,783€ | +46.4% | 381,247€ | 10.0% | 17 | 731€ |
| 281 | Agro Group02828898 · Podgorica | <0.1% | 3,804,775€ | -8.3% | 49,224€ | 1.3% | 65 | 962€ |
| 282 | Magnus Moto02638487 · Podgorica | <0.1% | 3,783,990€ | +21.7% | 258,876€ | 6.8% | 14 | 1,340€ |
| 283 | Cortix02926431 · Podgorica | <0.1% | 3,782,554€ | +11.0% | 994,956€ | 26.3% | 24 | 929€ |
| 284 | Kurti02197570 · Ulcinj | <0.1% | 3,781,173€ | -10.7% | 254,439€ | 6.7% | 3 | 730€ |
| 285 | Savana Commercial Retail03081842 · Podgorica | <0.1% | 3,766,414€ | -1.8% | 856,366€ | 22.7% | 29 | 2,073€ |
| 286 | Centrometal02313987 · Podgorica | <0.1% | 3,755,376€ | -5.5% | 223,252€ | 5.9% | 30 | 1,209€ |
| 287 | Svicomm02168537 · Budva | <0.1% | 3,723,821€ | -0.0% | 324,368€ | 8.7% | 55 | 1,074€ |
| 288 | Alsen Leather03169774 · Kotor | <0.1% | 3,698,490€ | +26.0% | -202,169€ | -5.5% | 24 | 1,248€ |
| 289 | Wurth02672197 · Podgorica | <0.1% | 3,696,624€ | -1.4% | 156,009€ | 4.2% | 25 | 2,351€ |
| 290 | Kia Montenegro02343932 · Podgorica | <0.1% | 3,647,371€ | -30.7% | 53,977€ | 1.5% | 2 | 1,496€ |
| 291 | Agrarija03049116 · Podgorica | <0.1% | 3,634,860€ | +14.7% | 172,256€ | 4.7% | 21 | 970€ |
| 292 | Intercom02398729 · Podgorica | <0.1% | 3,631,608€ | +14.5% | 188,169€ | 5.2% | 20 | 1,471€ |
| 293 | Obuća Minja02699044 · Berane | <0.1% | 3,627,476€ | -2.6% | 124,368€ | 3.4% | 115 | 975€ |
| 294 | Marković Grand Company02311020 · Tivat | <0.1% | 3,614,666€ | +85.0% | 1,107,422€ | 30.6% | 54 | 1,191€ |
| 295 | Ramond02338599 · Nikšić | <0.1% | 3,598,610€ | +2.8% | 482,942€ | 13.4% | 23 | 1,293€ |
| 296 | M. D. Mont02375222 · Bar | <0.1% | 3,590,353€ | -5.6% | 86,682€ | 2.4% | 12 | 1,268€ |
| 297 | Kit02051257 · Nikšić | <0.1% | 3,570,615€ | -9.8% | 55,692€ | 1.6% | 59 | 817€ |
| 298 | Villa02259184 · Cetinje | <0.1% | 3,564,049€ | +4.7% | 276,221€ | 7.8% | 21 | 1,459€ |
| 299 | Nikoz03437752 · Tuzi | <0.1% | 3,543,602€ | +227.0% | 268,583€ | 7.6% | 2 | 873€ |
| 300 | Grbo-MNM02315602 · Herceg Novi | <0.1% | 3,522,869€ | -2.7% | 151,852€ | 4.3% | 23 | 1,005€ |