Manufacturing companies in Montenegro ranked by average monthly payroll cost per employee 2018. This 2018 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 2018, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12017: rank 1 | Uniprom Manufacturing · Nikšić | 02049520Income statement (PDF) | 8,609€ | -6.2% | 85,684,705€ | 51 |
| 22017: rank 2 | Imlek Boka Manufacturing · Kotor | 02357950Income statement (PDF) | 1,602€ | -3.8% | 21,329,260€ | 42 |
| 32017: rank 3 | Messer Tehnogas Manufacturing · Budva | 02670208Income statement (PDF) | 1,533€ | -0.1% | 1,820,044€ | 19 |
| 4Not in the top 200 in 2017. | Rudo Montenegro Manufacturing · Podgorica | 02691671Income statement (PDF) | 1,461€ | No meaningful percentage: the 2017 or current value is zero, negative, unknown or unreliable. | 1,546,992€ | 16 |
| 52017: rank 5 | Uniprom - Metali Manufacturing · Nikšić | 02915731Income statement (PDF) | 1,336€ | -1.8% | 14,412,792€ | 31 |
| 62017: rank 6 | Daido Metal Kotor Manufacturing · Kotor | 02013053Income statement (PDF) | 1,258€ | -2.3% | 10,024,316€ | 163 |
| 72017: rank 10 | Termoelektro-Mont Manufacturing · Podgorica | 02303124Income statement (PDF) | 1,106€ | +17.7% | 1,982,741€ | 47 |
| 82017: rank 18 | Ravil Manufacturing · Cetinje | 02681005Income statement (PDF) | 1,040€ | +46.1% | 49,186€ | 10 |
| 92017: rank 9 | Hemomont Manufacturing · Podgorica | 02204185Income statement (PDF) | 1,038€ | -2.4% | 22,364,720€ | 160 |
| 10Not in the top 200 in 2017. | Novi Duvanski Kombinat Manufacturing · Podgorica | 02860864Income statement (PDF) | 1,010€ | -59.2% | 1,666,499€ | 36 |
| 112017: rank 8 | Mondal Industrija Manufacturing · Danilovgrad | 03103919Income statement (PDF) | 910€ | -18.1% | 304,558€ | 22 |
| 122017: rank 13 | Tara - Aerospace Manufacturing · Mojkovac | 02464691Income statement (PDF) | 906€ | +3.9% | 5,887,334€ | 180 |
| 132017: rank 12 | Nikšićki Mlin Manufacturing · Nikšić | 02048094Income statement (PDF) | 898€ | +1.1% | 7,506,709€ | 36 |
| 142017: rank 11 | Primo Design Manufacturing · Podgorica | 02638207Income statement (PDF) | 856€ | -5.6% | 520,729€ | 10 |
| 152017: rank 15 | Maljat Stone Manufacturing · Danilovgrad | 02000466Income statement (PDF) | 853€ | +0.1% | 1,612,650€ | 75 |
| 162017: rank 17 | Uniprom Pekara Manufacturing · Nikšić | 02453835Income statement (PDF) | 812€ | +5.2% | 2,432,195€ | 49 |
| 17Not in the top 200 in 2017. | Omorika Wood Pro Manufacturing · Nikšić | 03101436Income statement (PDF) | 805€ | -6.5% | 536,094€ | 14 |
| 182017: rank 22 | Montex-Elektromont Manufacturing · Nikšić | 02137429Income statement (PDF) | 703€ | +7.2% | 269,319€ | 10 |
| 192017: rank 23 | Obod Manufacturing · Cetinje | 02004704Income statement (PDF) | 692€ | +5.5% | 836,223€ | 33 |
| 202017: rank 7 | Fabrika Stočne Hrane Manufacturing · Danilovgrad | 02000423Income statement (PDF) | 674€ | -41.5% | 5,506,659€ | 28 |
| 21Not in the top 200 in 2017. | Montenegro Čeluga Manufacturing · Bar | 02935368Income statement (PDF) | 664€ | +86.0% | 425,832€ | 12 |
| 222017: rank 27 | Kobra Manufacturing · Budva | 02378124Income statement (PDF) | 651€ | +12.4% | 690,907€ | 13 |
| 232017: rank 24 | Tring Manufacturing · Podgorica | 02281899Income statement (PDF) | 640€ | -1.5% | 2,774,469€ | 15 |
| 242017: rank 30 | Novi Monteživ Manufacturing · Nikšić | 03071839Income statement (PDF) | 622€ | +16.3% | 617,789€ | 24 |
| 252017: rank 19 | Galenika Crna Gora Manufacturing · Podgorica | 02255430Income statement (PDF) | 618€ | -13.0% | 536,093€ | 64 |
| 262017: rank 25 | Sekas Manufacturing · Podgorica | 02321491Income statement (PDF) | 604€ | +1.2% | 387,242€ | 11 |
| 272017: rank 57 | Montecco Inc Manufacturing · Danilovgrad | 02306689Income statement (PDF) | 602€ | +46.8% | 8,194,771€ | 68 |
| 282017: rank 28 | Vib-Bas Manufacturing · Nikšić | 02325721Income statement (PDF) | 597€ | +3.8% | 11,688,112€ | 23 |
| 292017: rank 39 | Fab Live Manufacturing · Podgorica | 02238942Income statement (PDF) | 585€ | +20.6% | 3,337,193€ | 35 |
| 302017: rank 21 | Vektra - Jakic Manufacturing · Pljevlja | 02464446Income statement (PDF) | 582€ | -13.6% | 3,935,138€ | 192 |
| 312017: rank 26 | Montcarton Manufacturing · Podgorica | 02244136Income statement (PDF) | 546€ | -6.7% | 609,258€ | 15 |
| 322017: rank 29 | Inpek Manufacturing · Podgorica | 02016052Income statement (PDF) | 529€ | -4.3% | 5,890,104€ | 145 |
| 332017: rank 33 | Goranović Manufacturing · Nikšić | 02109301Income statement (PDF) | 523€ | +0.4% | 19,408,519€ | 152 |
| 342017: rank 76 | Imako Manufacturing · Bijelo Polje | 02045982Income statement (PDF) | 522€ | +41.1% | 116,956€ | 19 |
| 352017: rank 16 | Vagar Manufacturing · Podgorica | 02107171Income statement (PDF) | 511€ | -38.1% | 828,097€ | 12 |
| 362017: rank 35 | Crnagoracoop NB Manufacturing · Danilovgrad | 02425785Income statement (PDF) | 498€ | -0.6% | 1,071,279€ | 36 |
| 372017: rank 31 | Ćatić Co Manufacturing · Bijelo Polje | 02339137Income statement (PDF) | 493€ | -7.2% | 5,409,805€ | 33 |
| 382017: rank 43 | W & R Dinamic Company Limited Manufacturing · Kotor | 02255693Income statement (PDF) | 492€ | +4.2% | 5,572,231€ | 42 |
| 392017: rank 64 | Elektromont Manufacturing · Danilovgrad | 02118777Income statement (PDF) | 487€ | +25.8% | 1,482,304€ | 23 |
| 402017: rank 36 | Put-Gross Manufacturing · Bijelo Polje | 02066360Income statement (PDF) | 486€ | -3.0% | 12,323,180€ | 152 |
| 412017: rank 53 | VHM Solutions Manufacturing · Nikšić | 02283441Income statement (PDF) | 486€ | +13.6% | 4,620,077€ | 94 |
| 422017: rank 70 | Spider-Max Manufacturing · Podgorica | 02869152Income statement (PDF) | 472€ | +23.9% | 697,486€ | 15 |
| 432017: rank 130 | Maradom Manufacturing · Pljevlja | 02049996Income statement (PDF) | 471€ | +56.5% | 406,000€ | 20 |
| 442017: rank 45 | SL Montenegro Manufacturing · Nikšić | 02796732Income statement (PDF) | 471€ | +3.5% | 3,347,547€ | 40 |
| 452017: rank 44 | G M G Montenegro Manufacturing · Danilovgrad | 02330890Income statement (PDF) | 468€ | +0.4% | 1,581,444€ | 10 |
| 462017: rank 42 | Montemlin Šajo Manufacturing · Danilovgrad | 02343312Income statement (PDF) | 466€ | -1.7% | 697,478€ | 10 |
| 472017: rank 116 | Algoritam Manufacturing · Podgorica | 02673894Income statement (PDF) | 460€ | +44.7% | 1,121,325€ | 42 |
| 482017: rank 49 | Polimlje Manufacturing · Berane | 02448076Income statement (PDF) | 455€ | +1.8% | 2,752,651€ | 88 |
| 492017: rank 125 | Studio Mouse Manufacturing · Podgorica | 02373203Income statement (PDF) | 447€ | +46.1% | 808,659€ | 18 |
| 502017: rank 62 | La Vista Manufacturing · Petnjica | 02346451Income statement (PDF) | 444€ | +14.1% | 548,545€ | 45 |
Showing 1–50 · top 50 of 207 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 2018, 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