Manufacturing companies in Montenegro ranked by average monthly payroll cost per employee 2019. This 2019 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 2019, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | ||||
|---|---|---|---|---|---|---|
| 12018: rank 1 | Uniprom Manufacturing · Nikšić | 02049520Income statement (PDF) | 8,257€ | -4.1% | 69,161,982€ | 52 |
| 22018: rank 4 | Rudo Montenegro Manufacturing · Podgorica | 02691671Income statement (PDF) | 2,026€ | +38.7% | 1,551,638€ | 15 |
| 32018: rank 3 | Messer Tehnogas Manufacturing · Budva | 02670208Income statement (PDF) | 1,606€ | +4.8% | 1,954,764€ | 19 |
| 42018: rank 2 | Imlek Boka Manufacturing · Kotor | 02357950Income statement (PDF) | 1,545€ | -3.6% | 20,897,628€ | 45 |
| 52018: rank 196 | Trebjesa Manufacturing · Nikšić | 02000989Income statement (PDF) | 1,500€ | No meaningful percentage: the 2018 or current value is zero, negative, unknown or unreliable. | 30,751,120€ | 227 |
| 62018: rank 5 | Uniprom - Metali Manufacturing · Nikšić | 02915731Income statement (PDF) | 1,349€ | +1.0% | 19,088,349€ | 33 |
| 72018: rank 6 | Daido Metal Kotor Manufacturing · Kotor | 02013053Income statement (PDF) | 1,253€ | -0.4% | 8,472,296€ | 163 |
| 8Not in the top 200 in 2018. | Kone Manufacturing · Podgorica | 02958554Income statement (PDF) | 1,146€ | +22.6% | 2,264,849€ | 10 |
| 92018: rank 10 | Novi Duvanski Kombinat Manufacturing · Podgorica | 02860864Income statement (PDF) | 1,080€ | +6.9% | 3,547,447€ | 62 |
| 102018: rank 7 | Termoelektro-Mont Manufacturing · Podgorica | 02303124Income statement (PDF) | 1,037€ | -6.2% | 1,373,412€ | 43 |
| 112018: rank 9 | Hemomont Manufacturing · Podgorica | 02204185Income statement (PDF) | 1,022€ | -1.5% | 24,334,702€ | 161 |
| 122018: rank 13 | Nikšićki Mlin Manufacturing · Nikšić | 02048094Income statement (PDF) | 1,004€ | +11.8% | 2,305,528€ | 17 |
| 132018: rank 28 | Vib-Bas Manufacturing · Nikšić | 02325721Income statement (PDF) | 947€ | +58.6% | 11,256,096€ | 23 |
| 142018: rank 12 | Tara - Aerospace Manufacturing · Mojkovac | 02464691Income statement (PDF) | 900€ | -0.7% | 5,401,745€ | 182 |
| 152018: rank 19 | Obod Manufacturing · Cetinje | 02004704Income statement (PDF) | 857€ | +23.8% | 945,137€ | 25 |
| 162018: rank 20 | Fabrika Stočne Hrane Manufacturing · Danilovgrad | 02000423Income statement (PDF) | 792€ | +17.5% | 6,786,919€ | 32 |
| 172018: rank 35 | Vagar Manufacturing · Podgorica | 02107171Income statement (PDF) | 770€ | +50.7% | 908,911€ | 12 |
| 182018: rank 16 | Uniprom Pekara Manufacturing · Nikšić | 02453835Income statement (PDF) | 766€ | -5.7% | 2,594,929€ | 47 |
| 192018: rank 27 | Montecco Inc Manufacturing · Danilovgrad | 02306689Income statement (PDF) | 749€ | +24.4% | 8,284,923€ | 65 |
| 202018: rank 15 | Maljat Stone Manufacturing · Danilovgrad | 02000466Income statement (PDF) | 706€ | -17.2% | 1,992,414€ | 75 |
| 212018: rank 24 | Novi Monteživ Manufacturing · Nikšić | 03071839Income statement (PDF) | 669€ | +7.6% | 661,137€ | 24 |
| 222018: rank 17 | Omorika Wood Pro Manufacturing · Nikšić | 03101436Income statement (PDF) | 630€ | -21.7% | 1,037,987€ | 10 |
| 232018: rank 26 | Sekas Manufacturing · Podgorica | 02321491Income statement (PDF) | 618€ | +2.3% | 335,088€ | 11 |
| 242018: rank 18 | Montex-Elektromont Manufacturing · Nikšić | 02137429Income statement (PDF) | 618€ | -12.1% | 284,972€ | 10 |
| 25Not in the top 200 in 2018. | Enterijeri - SNV Manufacturing · Nikšić | 03093387Income statement (PDF) | 615€ | -85.5% | 327,040€ | 12 |
| 262018: rank 23 | Tring Manufacturing · Podgorica | 02281899Income statement (PDF) | 610€ | -4.7% | 2,381,127€ | 17 |
| 272018: rank 32 | Inpek Manufacturing · Podgorica | 02016052Income statement (PDF) | 606€ | +14.6% | 4,930,985€ | 127 |
| 282018: rank 22 | Kobra Manufacturing · Budva | 02378124Income statement (PDF) | 595€ | -8.6% | 630,281€ | 14 |
| 29Not in the top 200 in 2018. | Termochem Manufacturing · Nikšić | 03108651Income statement (PDF) | 591€ | -7.9% | 367,725€ | 16 |
| 302018: rank 38 | W & R Dinamic Company Limited Manufacturing · Kotor | 02255693Income statement (PDF) | 578€ | +17.5% | 4,787,227€ | 45 |
| 31Not in the top 200 in 2018. | Velbos Manufacturing · Rožaje | 03090094Income statement (PDF) | 565€ | No meaningful percentage: the 2018 or current value is zero, negative, unknown or unreliable. | 1,391,913€ | 10 |
| 322018: rank 81 | Eko - Per Manufacturing · Šavnik | 02390221Income statement (PDF) | 545€ | +54.8% | 1,122,524€ | 20 |
| 332018: rank 45 | G M G Montenegro Manufacturing · Danilovgrad | 02330890Income statement (PDF) | 540€ | +15.4% | 1,518,506€ | 10 |
| 342018: rank 31 | Montcarton Manufacturing · Podgorica | 02244136Income statement (PDF) | 532€ | -2.6% | 627,052€ | 16 |
| 352018: rank 58 | Milka-MDK Manufacturing · Bijelo Polje | 02892154Income statement (PDF) | 531€ | +33.1% | 553,923€ | 16 |
| 362018: rank 90 | Bar - Pek Manufacturing · Bar | 02986175Income statement (PDF) | 530€ | +54.1% | 259,388€ | 11 |
| 372018: rank 41 | VHM Solutions Manufacturing · Nikšić | 02283441Income statement (PDF) | 526€ | +8.2% | 7,126,795€ | 104 |
| 382018: rank 33 | Goranović Manufacturing · Nikšić | 02109301Income statement (PDF) | 519€ | -0.8% | 21,048,245€ | 155 |
| 392018: rank 21 | Montenegro Čeluga Manufacturing · Bar | 02935368Income statement (PDF) | 511€ | -23.0% | 485,528€ | 10 |
| 402018: rank 36 | Crnagoracoop NB Manufacturing · Danilovgrad | 02425785Income statement (PDF) | 506€ | +1.6% | 1,023,958€ | 46 |
| 412018: rank 42 | Spider-Max Manufacturing · Podgorica | 02869152Income statement (PDF) | 505€ | +7.0% | 772,558€ | 15 |
| 422018: rank 40 | Put-Gross Manufacturing · Bijelo Polje | 02066360Income statement (PDF) | 504€ | +3.7% | 13,416,628€ | 168 |
| 432018: rank 61 | RM-Komerc Manufacturing · Pljevlja | 02169983Income statement (PDF) | 500€ | +27.9% | 652,483€ | 14 |
| 442018: rank 44 | SL Montenegro Manufacturing · Nikšić | 02796732Income statement (PDF) | 500€ | +6.2% | 3,060,543€ | 32 |
| 452018: rank 54 | Društvo za Proizvodnju,inženjering, Trgovinu, Marketing, Turizam,ugostiteljstvo i Usluge, Eksport -Import Bosteg Manufacturing · Herceg Novi | 02280647Income statement (PDF) | 492€ | +18.0% | 1,195,717€ | 16 |
| 462018: rank 39 | Elektromont Manufacturing · Danilovgrad | 02118777Income statement (PDF) | 488€ | +0.2% | 1,505,893€ | 17 |
| 472018: rank 64 | Don Don Manufacturing · Danilovgrad | 02757257Income statement (PDF) | 484€ | +26.0% | 2,437,956€ | 28 |
| 482018: rank 78 | Mepro Manufacturing · Podgorica | 02074982Income statement (PDF) | 472€ | +33.7% | 573,608€ | 12 |
| 492018: rank 52 | Meso-Promet Manufacturing · Bijelo Polje | 02063344Income statement (PDF) | 468€ | +8.6% | 62,334,617€ | 503 |
| 502018: rank 37 | Ćatić Co Manufacturing · Bijelo Polje | 02339137Income statement (PDF) | 464€ | -5.9% | 5,481,666€ | 33 |
Showing 1–50 · top 50 of 231 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 2019, 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