Montenegro companies ranked by average monthly payroll cost per employee 2017. This 2017 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 2017, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12016: rank 1 | Uniprom Manufacturing · Nikšić | 02049520Income statement (PDF) | 9,178€ | -26.4% | 95,628,323€ | 51 |
| 2Not in the top 200 in 2016. | Fakultet za Pomorstvo i Turizam Bar Education · Bar | 02864096Income statement (PDF) | 6,076€ | -37.1% | 1,270,545€ | 10 |
| 32016: rank 4 | N.V.Besix S.A. Montenegro Construction · Tivat | 02945371Income statement (PDF) | 4,688€ | +6.5% | 25,034,016€ | 25 |
| 42016: rank 6 | Kontrola Letenja Srbije i Crne Gore Smatsa D.O.O.,beograd Transport & logistics · Podgorica | 02627744Income statement (PDF) | 4,172€ | +4.6% | 5,642,473€ | 104 |
| 52016: rank 2 | Amdocs Montenegro Technology · Podgorica | 02953811Income statement (PDF) | 3,930€ | -31.5% | 1,034,919€ | 11 |
| 62016: rank 14 | Regionalni Ronilački Centar za Podvodno Deminiranje i Obuku Ronilaca Education · Podgorica | 02361388Income statement (PDF) | 3,838€ | +77.6% | 1,422,290€ | 14 |
| 7Not in the top 200 in 2016. | Lumas Construction · Nikšić | 03000699Income statement (PDF) | 3,592€ | No meaningful percentage: the 2016 or current value is zero, negative, unknown or unreliable. | 1,430,388€ | 13 |
| 82016: rank 10 | China Road & Bridge Corporation Construction · Podgorica | 03016480Income statement (PDF) | 3,517€ | +20.1% | 165,764,658€ | 1,610 |
| 92016: rank 5 | Azmont Investments Real estate · Herceg Novi | 02893126Income statement (PDF) | 3,504€ | -17.8% | 504€ | 23 |
| 10Not in the top 200 in 2016. | Portonovi Resort Management Company Real estate · Herceg Novi | 03067637Income statement (PDF) | 3,393€ | -14.9% | 0€ | 13 |
| 112016: rank 35 | Roaming Networks Construction · Podgorica | 02858274Income statement (PDF) | 3,263€ | +102.9% | 16,922,416€ | 10 |
| 12Not in the top 200 in 2016. | Omorika Montenegro Professional services · Herceg Novi | 03066452Income statement (PDF) | 3,217€ | No meaningful percentage: the 2016 or current value is zero, negative, unknown or unreliable. | 6,583,018€ | 16 |
| 132016: rank 9 | Izbor Trade · Bar | 02003228Income statement (PDF) | 3,149€ | +2.6% | 1,578,922€ | 30 |
| 14Not in the top 200 in 2016. | Sab Security Montenegro Administrative services · Herceg Novi | 02932920Income statement (PDF) | 2,955€ | No meaningful percentage: the 2016 or current value is zero, negative, unknown or unreliable. | 932,707€ | 10 |
| 15Not in the top 200 in 2016. | Studio Synthesis Architecture & Design Professional services · Podgorica | 02695049Income statement (PDF) | 2,943€ | +3.3% | 653,129€ | 10 |
| 162016: rank 8 | Hoffmann - La Roche LTD Professional services · Podgorica | 02639408Income statement (PDF) | 2,662€ | -15.8% | 755,650€ | 10 |
| 172016: rank 33 | Ernst & Young Montenegro Professional services · Podgorica | 02759080Income statement (PDF) | 2,288€ | +38.9% | 817,696€ | 14 |
| 182016: rank 20 | Ericsson Ab Štokholm Technology · Podgorica | 03014649Income statement (PDF) | 2,268€ | +14.3% | 9,981,436€ | 113 |
| 192016: rank 15 | Montenegro Bonus Trade · Cetinje | 02384337Income statement (PDF) | 2,177€ | +0.7% | 20,196,679€ | 30 |
| 202016: rank 45 | Luštica Development Hospitality · Tivat | 02744597Income statement (PDF) | 2,135€ | +42.6% | 19,223,405€ | 47 |
| 212016: rank 16 | Mol Trening Centar (evropa) Education · Herceg Novi | 02347806Income statement (PDF) | 2,041€ | -4.4% | 847,061€ | 14 |
| 222016: rank 51 | Rocky Pistolato Casch&Carry Trade · Podgorica | 02361353Income statement (PDF) | 2,021€ | +39.0% | 2,374,473€ | 10 |
| 232016: rank 23 | G3 Spirits Trade · Podgorica | 02823381Income statement (PDF) | 1,987€ | +6.4% | 2,457,334€ | 10 |
| 242016: rank 28 | Crnogorski Operator Tržišta Električne Energije Trade · Podgorica | 02849097Income statement (PDF) | 1,982€ | +11.5% | 620,081€ | 17 |
| 252016: rank 22 | One Crna Gora Technology · Podgorica | 02242974Income statement (PDF) | 1,974€ | +3.3% | 60,565,222€ | 202 |
| 262016: rank 83 | Montenegro Hospitality Group Hospitality · Tivat | 03066614Income statement (PDF) | 1,963€ | +54.8% | 606,727€ | 17 |
| 272016: rank 25 | Alkaloid Professional services · Podgorica | 02738287Income statement (PDF) | 1,859€ | +3.3% | 656,541€ | 12 |
| 282016: rank 21 | PGS Montenegro Transport & logistics · Bar | 02293528Income statement (PDF) | 1,859€ | -4.9% | 1,320,079€ | 27 |
| 292016: rank 175 | Datum Solutions Technology · Podgorica | 03073572Income statement (PDF) | 1,858€ | +104.0% | 391,094€ | 12 |
| 302016: rank 62 | Boka Pilot & Tug Boat Services Transport & logistics · Herceg Novi | 02370026Income statement (PDF) | 1,847€ | +33.7% | 514,418€ | 10 |
| 312016: rank 37 | Razvojna Banka Crne Gore Finance & insurance · Podgorica | 02217937Income statement (PDF) | 1,846€ | +15.9% | 6,220,624€ | 64 |
| 322016: rank 56 | Carlsberg Montenegro Trade · Podgorica | 02657457Income statement (PDF) | 1,776€ | +25.2% | 13,108,837€ | 16 |
| 332016: rank 26 | Adriatic Marinas Arts & entertainment · Tivat | 02467593Income statement (PDF) | 1,743€ | -2.9% | 28,473,067€ | 242 |
| 342016: rank 19 | Crnogorski Telekom Technology · Podgorica | 02289377Income statement (PDF) | 1,738€ | -12.9% | 85,817,980€ | 552 |
| 352016: rank 30 | Knightsbridge Schools Montenegro Education · Tivat | 02799316Income statement (PDF) | 1,733€ | +2.2% | 1,161,215€ | 29 |
| 362016: rank 32 | Jugopetrol Trade · Podgorica | 02013258Income statement (PDF) | 1,707€ | +2.2% | 135,143,076€ | 111 |
| 372016: rank 72 | Pizzarotti Montenegro Construction · Herceg Novi | 03070778Income statement (PDF) | 1,702€ | +30.2% | 34,524,102€ | 90 |
| 382016: rank 88 | Imlek Boka Manufacturing · Kotor | 02357950Income statement (PDF) | 1,665€ | +34.0% | 22,106,882€ | 42 |
| 39Not in the top 200 in 2016. | Airways Aviation Academy Transport & logistics · Podgorica | 03072916Income statement (PDF) | 1,658€ | +48.8% | 933,708€ | 10 |
| 402016: rank 29 | Podravka Trade · Podgorica | 02355388Income statement (PDF) | 1,658€ | -4.3% | 7,028,262€ | 22 |
| 412016: rank 34 | Cemex Montenegro Trade · Podgorica | 02270803Income statement (PDF) | 1,652€ | +0.6% | 23,645,589€ | 10 |
| 422016: rank 27 | Otp Debt Collection Finance & insurance · Podgorica | 02795043Income statement (PDF) | 1,649€ | -8.0% | 1,288,038€ | 28 |
| 43Not in the top 200 in 2016. | Crnogorski Fond za Solidarnu Stambenu Izgradnju Construction · Podgorica | 02247097Income statement (PDF) | 1,638€ | No meaningful percentage: the 2016 or current value is zero, negative, unknown or unreliable. | -109,347€ | 22 |
| 442016: rank 57 | Coca-Cola Hellenic Bottling Company-Crna Gora Trade · Podgorica | 02303213Income statement (PDF) | 1,624€ | +16.1% | 28,551,326€ | 42 |
| 452016: rank 50 | Zeta Energy Energy, water & waste · Danilovgrad | 02794624Income statement (PDF) | 1,624€ | +10.9% | 557,660€ | 25 |
| 462016: rank 101 | Agencija za Izgradnju i Razvoj Herceg Novoga Professional services · Herceg Novi | 02620316Income statement (PDF) | 1,616€ | +42.5% | 485,516€ | 17 |
| 47Not in the top 200 in 2016. | Pricewaterhousecoopers Professional services · Podgorica | 02656337Income statement (PDF) | 1,609€ | -39.3% | 695,155€ | 15 |
| 482016: rank 24 | Optimal Health & social care · Podgorica | 02850222Income statement (PDF) | 1,560€ | -14.3% | 893,785€ | 22 |
| 492016: rank 52 | Terna Crna Gora Energy, water & waste · Podgorica | 02845237Income statement (PDF) | 1,560€ | +7.4% | 0€ | 12 |
| 502016: rank 43 | Agencija za Izgradnju i Razvoj Podgorice Professional services · Podgorica | 02397579Income statement (PDF) | 1,554€ | +3.2% | 1,165,280€ | 51 |
Showing 1–50 · top 50 of 1,584 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 2017, 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