Montenegro companies ranked by employee count 2021. This 2021 ranking uses public financial statements and the published BizStats.me methodology and eligibility criteria.
Archived list for 2021, on the same criteria as the latest one. Latest list (2025)
Public financial statements processed by BizStats.me.
| # | Company | PIB | |||
|---|---|---|---|---|---|
| 12020: rank 1 | Voli Trade Trade · Podgorica | 02227312Income statement (PDF) | 2,119 | +2.7% | 256,321,055€ |
| 22020: rank 2 | Idea - CG Trade · Podgorica | 02793962Income statement (PDF) | 1,627 | +3.9% | 103,508,204€ |
| 32020: rank 3 | Crnogorski Elektrodistributivni Sistem Energy, water & waste · Podgorica | 03099873Income statement (PDF) | 1,428 | +5.0% | 105,845,989€ |
| 42020: rank 4 | Domaća Trgovina Trade · Podgorica | 02440261Income statement (PDF) | 1,130 | +1.3% | 77,946,222€ |
| 52020: rank 5 | Hard Discount Laković Trade · Podgorica | 02739500Income statement (PDF) | 1,047 | +4.9% | 166,292,312€ |
| 62020: rank 7 | Pošta Crne Gore Transport & logistics · Podgorica | 02867940Income statement (PDF) | 1,015 | +2.7% | 16,707,610€ |
| 72020: rank 8 | Elektroprivreda Crne Gore Energy, water & waste · Nikšić | 02002230Income statement (PDF) | 975 | +1.5% | 392,076,168€ |
| 82020: rank 12 | Franca Marketi Trade · Bijelo Polje | 02984121Income statement (PDF) | 878 | +18.6% | 73,353,072€ |
| 92020: rank 15 | Genex.Cg Construction · Podgorica | 03297055Income statement (PDF) | 809 | +20.0% | 13,524,737€ |
| 102020: rank 10 | Aerodromi Crne Gore Transport & logistics · Podgorica | 02305623Income statement (PDF) | 787 | -3.4% | 26,451,757€ |
| 112020: rank 9 | Dekra Privremeno Zapošljavanje Administrative services · Podgorica | 02873273Income statement (PDF) | 783 | -12.2% | 6,964,798€ |
| 122020: rank 13 | Rudnik Uglja Mining · Pljevlja | 02009501Income statement (PDF) | 779 | +12.7% | 45,975,566€ |
| 132020: rank 11 | Željeznička Infrastruktura Crne Gore Construction · Podgorica | 02723816Income statement (PDF) | 732 | -3.0% | 14,368,797€ |
| 14Not in the top 200 in 2020. | Tobacco S Press Trade · Podgorica | 02983303Income statement (PDF) | 617 | No meaningful percentage: the 2020 or current value is zero, negative, unknown or unreliable. | 51,730,109€ |
| 152020: rank 16 | 13 Jul - Plantaže Agriculture · Podgorica | 02016281Income statement (PDF) | 602 | -2.0% | 20,252,199€ |
| 162020: rank 6 | China Road & Bridge Corporation Construction · Podgorica | 03016480Income statement (PDF) | 584 | -41.2% | 96,458,612€ |
| 172020: rank 14 | DR Simo Milošević Health & social care · Herceg Novi | 02008386Income statement (PDF) | 574 | -15.3% | 5,777,770€ |
| 182020: rank 17 | Vodovod i Kanalizacija Energy, water & waste · Podgorica | 02015641Income statement (PDF) | 567 | -1.2% | 14,532,118€ |
| 192020: rank 21 | Čistoća Energy, water & waste · Podgorica | 02407493Income statement (PDF) | 533 | +9.0% | 8,783,657€ |
| 202020: rank 19 | Meso-Promet Manufacturing · Bijelo Polje | 02063344Income statement (PDF) | 507 | +1.4% | 59,258,262€ |
| 212020: rank 20 | Okov Trade · Podgorica | 02226782Income statement (PDF) | 501 | +0.8% | 46,611,643€ |
| 222020: rank 18 | Crnogorski Telekom Technology · Podgorica | 02289377Income statement (PDF) | 495 | -1.2% | 76,107,915€ |
| 232020: rank 23 | Hotels Group Montenegro Stars Hospitality · Budva | 02385040Income statement (PDF) | 454 | -1.1% | 16,649,206€ |
| 242020: rank 27 | Mtel Technology · Podgorica | 02655284Income statement (PDF) | 434 | +13.9% | 78,936,251€ |
| 252020: rank 24 | Kips Trade · Podgorica | 02047403Income statement (PDF) | 423 | -6.2% | 66,865,135€ |
| 262020: rank 25 | Budvanska Rivijera Hospitality · Budva | 02005328Income statement (PDF) | 412 | 0.0% | 11,717,119€ |
| 272020: rank 26 | Luka Bar Transport & logistics · Bar | 02002558Income statement (PDF) | 398 | +2.1% | 11,969,774€ |
| 282020: rank 28 | Željeznički Prevoz Crne Gore Transport & logistics · Podgorica | 02723620Income statement (PDF) | 373 | -0.5% | 9,457,317€ |
| 292020: rank 45 | Mna Gaming Arts & entertainment · Podgorica | 02757192Income statement (PDF) | 364 | +47.4% | 7,060,533€ |
| 302020: rank 22 | Guardian World Administrative services · Nikšić | 02387620Income statement (PDF) | 347 | -24.4% | 3,989,819€ |
| 312020: rank 29 | Maestral Hotels and Casinos Arts & entertainment · Budva | 02343029Income statement (PDF) | 322 | -3.0% | 15,170,747€ |
| 322020: rank 42 | One Crna Gora Technology · Podgorica | 02242974Income statement (PDF) | 321 | +21.6% | 52,803,793€ |
| 332020: rank 40 | Lob Commpany Arts & entertainment · Podgorica | 02335450Income statement (PDF) | 320 | +13.5% | 8,050,365€ |
| 342020: rank 32 | Komunalne Djelatnosti Energy, water & waste · Bar | 02002752Income statement (PDF) | 314 | +4.7% | 5,056,849€ |
| 352020: rank 35 | MPM Trade · Podgorica | 02047861Income statement (PDF) | 312 | +4.7% | 26,645,659€ |
| 362020: rank 34 | Tabacco Shop Trade · Podgorica | 02378299Income statement (PDF) | 304 | +2.0% | 18,522,468€ |
| 372020: rank 31 | Crnogorski Elektroprenosni Sistem Energy, water & waste · Podgorica | 02751372Income statement (PDF) | 300 | -0.7% | 77,002,001€ |
| 382020: rank 36 | Montecargo Transport & logistics · Podgorica | 02758628Income statement (PDF) | 299 | +1.4% | 7,049,082€ |
| 392020: rank 46 | Ramel Construction · Nikšić | 02142520Income statement (PDF) | 293 | +21.1% | 20,851,806€ |
| 402020: rank 30 | Megapromet Trade · Budva | 02365928Income statement (PDF) | 293 | -9.6% | 27,050,168€ |
| 412020: rank 39 | Donator Trade · Tuzi | 02129183Income statement (PDF) | 288 | +2.1% | 19,248,970€ |
| 422020: rank 37 | Sporting Group Arts & entertainment · Budva | 02314266Income statement (PDF) | 287 | 0.0% | 7,777,970€ |
| 43Not in the top 200 in 2020. | Portonovi Hospitality Management Company Hospitality · Herceg Novi | 03067661Income statement (PDF) | 279 | +1,368.4% | 19,116,576€ |
| 442020: rank 41 | Bar-Kod Trade · Podgorica | 02289334Income statement (PDF) | 279 | +1.5% | 41,496,448€ |
| 452020: rank 38 | Port of Adria Transport & logistics · Bar | 02766698Income statement (PDF) | 278 | -1.8% | 7,328,288€ |
| 462020: rank 33 | Toscelik Alloyed Engineering Steel Podgorica (odlukom 24.07.2023. God.Pokrenut Postupak Dobrovoljne Likvidacije, Likvidator Burcin Ejderoglu) Trade · Podgorica | 02880474Income statement (PDF) | 262 | -12.7% | 2,597,749€ |
| 472020: rank 49 | Outsourcing Partners Administrative services · Podgorica | 02957787Income statement (PDF) | 255 | +10.9% | 3,254,786€ |
| 482020: rank 54 | Gi Group Outsourcing Administrative services · Podgorica | 03063038Income statement (PDF) | 247 | +13.8% | 2,721,707€ |
| 492020: rank 56 | Panevivo Hospitality · Podgorica | 02762404Income statement (PDF) | 245 | +13.4% | 6,393,785€ |
| 502020: rank 55 | Sport Vision Trade · Podgorica | 03187608Income statement (PDF) | 236 | +9.3% | 18,097,964€ |
Showing 1–50 · top 50 of 24,940 companies
This ranking contains 50 records for 2021, ordered by employee count after applying data-quality eligibility rules.
The leading record is "VOLI TRADE" D.O.O. ZA PROMET I USLUGE EXPORT- IMPORT - PODGORICA; placement is determined by employee count, never by payment.
The source, coverage, minimum thresholds and ranking rules are documented in the public methodology. Methodology