Finance & insurance companies in Montenegro ranked by average monthly payroll cost per employee 2020. This 2020 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 2020, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12019: rank 1 | Razvojna Banka Crne Gore Finance & insurance · Podgorica | 02217937Income statement (PDF) | 2,345€ | +23.4% | 12,398,422€ | 82 |
| 2Not in the top 200 in 2019. | Porsche Leasing Finance & insurance · Podgorica | 02694638Income statement (PDF) | 2,174€ | +19.1% | 2,140,384€ | 10 |
| 32019: rank 2 | Centralno Klirinško Depozitarno Društvo Finance & insurance · Podgorica | 02320924Income statement (PDF) | 1,694€ | +11.5% | 556,636€ | 13 |
| 42019: rank 5 | Business Integration and Business Intelligence Finance & insurance · Podgorica | 02626616Income statement (PDF) | 973€ | +137.9% | 752,811€ | 23 |
| 52019: rank 4 | Sava Agent Finance & insurance · Podgorica | 02699893Income statement (PDF) | 597€ | +19.9% | 692,736€ | 17 |
| 62019: rank 6 | Investiciono Društvo Limit Prime Securities Finance & insurance · Podgorica | 03138933Income statement (PDF) | 467€ | +40.7% | 1,003,942€ | 40 |
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* 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 6 records for 2020, ordered by average monthly payroll cost per employee after applying data-quality eligibility rules.
The leading record is RAZVOJNA BANKA CRNE GORE AD PODGORICA; 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