Montenegro companies ranked by average monthly payroll cost per employee 2016. This 2016 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria. Only companies with at least 10 employees are ranked.
Archived list for 2016, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12015: rank 1 | Uniprom Manufacturing · Nikšić | 02049520Income statement (PDF) | 12,463€ | +25.9% | 59,501,708€ | 37 |
| 22015: rank 2 | Amdocs Montenegro Technology · Podgorica | 02953811Income statement (PDF) | 5,735€ | +6.9% | 1,212,074€ | 11 |
| 3Not in the top 200 in 2015. | Etg Grupa Professional services · Podgorica | 02264498Income statement (PDF) | 4,867€ | +734.8% | 4,737,093€ | 66 |
| 4Not in the top 200 in 2015. | N.V.Besix S.A. Montenegro Construction · Tivat | 02945371Income statement (PDF) | 4,403€ | -18.1% | 12,082,240€ | 12 |
| 52015: rank 17 | Azmont Investments Real estate · Herceg Novi | 02893126Income statement (PDF) | 4,265€ | +120.5% | 504€ | 21 |
| 62015: rank 3 | Kontrola Letenja Srbije i Crne Gore Smatsa D.O.O.,beograd Transport & logistics · Podgorica | 02627744Income statement (PDF) | 3,987€ | -4.0% | 4,925,317€ | 104 |
| 7Not in the top 200 in 2015. | Donković Trade · Kotor | 02325209Income statement (PDF) | 3,793€ | +857.8% | 1,543,817€ | 14 |
| 8Not in the top 200 in 2015. | Hoffmann - La Roche LTD Professional services · Podgorica | 02639408Income statement (PDF) | 3,162€ | No meaningful percentage: the 2015 or current value is zero, negative, unknown or unreliable. | 760,945€ | 10 |
| 92015: rank 22 | Izbor Trade · Bar | 02003228Income statement (PDF) | 3,069€ | +68.3% | 1,820,322€ | 30 |
| 102015: rank 12 | China Road & Bridge Corporation Construction · Podgorica | 03016480Income statement (PDF) | 2,929€ | +27.7% | 98,145,057€ | 1,200 |
| 112015: rank 7 | Philip Morris Montenegro Professional services · Podgorica | 02656647Income statement (PDF) | 2,583€ | +2.7% | 25,151,232€ | 11 |
| 12Not in the top 200 in 2015. | Payten Professional services · Podgorica | 02460033Income statement (PDF) | 2,294€ | +21.1% | 2,815,956€ | 10 |
| 132015: rank 30 | Safe Invest CG Finance & insurance · Podgorica | 02418886Income statement (PDF) | 2,170€ | +32.5% | 600,551€ | 13 |
| 142015: rank 170 | Regionalni Ronilački Centar za Podvodno Deminiranje i Obuku Ronilaca Education · Podgorica | 02361388Income statement (PDF) | 2,161€ | +151.0% | 959,612€ | 15 |
| 152015: rank 13 | Montenegro Bonus Trade · Cetinje | 02384337Income statement (PDF) | 2,161€ | +1.3% | 21,172,480€ | 30 |
| 162015: rank 10 | Mol Trening Centar (evropa) Education · Herceg Novi | 02347806Income statement (PDF) | 2,135€ | -9.3% | 1,079,940€ | 13 |
| 172015: rank 19 | Capital Estate Real estate · Podgorica | 02437643Income statement (PDF) | 2,062€ | +10.0% | 128,105€ | 12 |
| 18Not in the top 200 in 2015. | Direct Media Professional services · Podgorica | 02350394Income statement (PDF) | 2,018€ | No meaningful percentage: the 2015 or current value is zero, negative, unknown or unreliable. | 3,716,961€ | 11 |
| 19Not in the top 200 in 2015. | Crnogorski Telekom Technology · Podgorica | 02289377Income statement (PDF) | 1,995€ | +155.8% | 92,107,507€ | 573 |
| 202015: rank 4 | Ericsson Ab Štokholm Technology · Podgorica | 03014649Income statement (PDF) | 1,984€ | -50.4% | 9,297,111€ | 124 |
| 212015: rank 11 | PGS Montenegro Transport & logistics · Bar | 02293528Income statement (PDF) | 1,955€ | -15.4% | 4,139,912€ | 23 |
| 222015: rank 20 | One Crna Gora Technology · Podgorica | 02242974Income statement (PDF) | 1,911€ | +2.7% | 65,844,320€ | 215 |
| 232015: rank 28 | G3 Spirits Trade · Podgorica | 02823381Income statement (PDF) | 1,867€ | +11.6% | 2,290,655€ | 10 |
| 242015: rank 156 | Optimal Health & social care · Podgorica | 02850222Income statement (PDF) | 1,820€ | +101.6% | 890,056€ | 22 |
| 252015: rank 33 | Alkaloid Professional services · Podgorica | 02738287Income statement (PDF) | 1,800€ | +11.5% | 553,496€ | 11 |
| 262015: rank 8 | Adriatic Marinas Arts & entertainment · Tivat | 02467593Income statement (PDF) | 1,795€ | -28.4% | 19,571,596€ | 199 |
| 272015: rank 16 | Otp Debt Collection Finance & insurance · Podgorica | 02795043Income statement (PDF) | 1,792€ | -8.1% | 2,050,399€ | 30 |
| 282015: rank 50 | Crnogorski Operator Tržišta Električne Energije Trade · Podgorica | 02849097Income statement (PDF) | 1,777€ | +27.2% | 527,224€ | 16 |
| 292015: rank 24 | Podravka Trade · Podgorica | 02355388Income statement (PDF) | 1,733€ | -3.3% | 6,760,902€ | 20 |
| 302015: rank 27 | Knightsbridge Schools Montenegro Education · Tivat | 02799316Income statement (PDF) | 1,695€ | +0.7% | 695,324€ | 28 |
| 312015: rank 51 | PNP-Perošević Construction · Bijelo Polje | 02642565Income statement (PDF) | 1,694€ | +21.3% | 728,899€ | 11 |
| 322015: rank 38 | Jugopetrol Trade · Podgorica | 02013258Income statement (PDF) | 1,670€ | +5.6% | 115,973,048€ | 113 |
| 332015: rank 53 | Ernst & Young Montenegro Professional services · Podgorica | 02759080Income statement (PDF) | 1,647€ | +19.3% | 710,237€ | 15 |
| 34Not in the top 200 in 2015. | Cemex Montenegro Trade · Podgorica | 02270803Income statement (PDF) | 1,642€ | -10.0% | 12,008,703€ | 10 |
| 35Not in the top 200 in 2015. | Roaming Networks Construction · Podgorica | 02858274Income statement (PDF) | 1,608€ | +137.9% | 17,536,287€ | 10 |
| 362015: rank 42 | Vodacom Professional services · Tivat | 02426331Income statement (PDF) | 1,603€ | +6.6% | 515,184€ | 16 |
| 372015: rank 59 | Razvojna Banka Crne Gore Finance & insurance · Podgorica | 02217937Income statement (PDF) | 1,593€ | +20.2% | 5,907,329€ | 61 |
| 38Not in the top 200 in 2015. | Security Guard Montenegro. Administrative services · Podgorica | 02960150Income statement (PDF) | 1,590€ | +124.3% | 733,914€ | 12 |
| 392015: rank 69 | Institut za Razvoj i Istraživanja u Oblasti Zaštite na Radu-Podgorica Professional services · Podgorica | 02333643Income statement (PDF) | 1,583€ | +23.8% | 923,050€ | 24 |
| 402015: rank 52 | Saga CG Trade · Podgorica | 02657597Income statement (PDF) | 1,582€ | +13.6% | 2,139,488€ | 11 |
| 41Not in the top 200 in 2015. | Manda Transport & logistics · Nikšić | 02791412Income statement (PDF) | 1,557€ | +341.1% | 3,143,632€ | 10 |
| 422015: rank 44 | Businessmontenegro Trade · Podgorica | 02117045Income statement (PDF) | 1,507€ | +4.4% | 2,347,115€ | 11 |
| 432015: rank 60 | Agencija za Izgradnju i Razvoj Podgorice Professional services · Podgorica | 02397579Income statement (PDF) | 1,506€ | +13.8% | 1,104,480€ | 49 |
| 442015: rank 56 | Montenegro Defence Industry Trade · Podgorica | 02236575Income statement (PDF) | 1,506€ | +12.4% | 4,262,657€ | 15 |
| 452015: rank 138 | Luštica Development Hospitality · Tivat | 02744597Income statement (PDF) | 1,497€ | +57.7% | 202,666€ | 36 |
| 462015: rank 39 | Glosarij Trade · Podgorica | 02118912Income statement (PDF) | 1,494€ | -2.9% | 48,515,952€ | 89 |
| 472015: rank 91 | Marina Arts & entertainment · Bar | 02333155Income statement (PDF) | 1,489€ | +28.8% | 1,172,235€ | 27 |
| 482015: rank 76 | Wurth Trade · Podgorica | 02672197Income statement (PDF) | 1,481€ | +18.3% | 1,561,051€ | 12 |
| 492015: rank 99 | Farmegra Trade · Podgorica | 02281864Income statement (PDF) | 1,472€ | +32.5% | 25,148,632€ | 86 |
| 502015: rank 25 | Zeta Energy Energy, water & waste · Danilovgrad | 02794624Income statement (PDF) | 1,464€ | -16.5% | 745,318€ | 27 |
Showing 1–50 · top 50 of 1,460 companies
* 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 →
This ranking contains 50 records for 2016, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is "UNIPROM" DRUŠTVO ZA PROIZVODNJU, PROMET ROBA I USLUGA,SPOLJNU TRGOVINU, USLUGE U TRANSPORTU I TURIZAM D.O.O. NIKŠIĆ; placement is determined by average monthly payroll cost per employee, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology