The ranking of the most successful Montenegrin companies within the Top Business Montenegro 2026 initiative has been completed. Based on the analysis of publicly available financial statements and clearly defined ranking criteria, this year’s awards will recognize companies that achieved outstanding business results and confirmed their market relevance across various sectors of the economy. Unlike rankings based solely on a single financial category, the TBM methodology applies a broader set of criteria that includes profitability, business stability, risk level, consistency of results, and the overall sustainability of the business model.
Top Business Montenegro continuously monitors the business performance of hundreds of companies operating in Montenegro, with the aim of identifying and presenting those that, through stability, growth, and strong results, represent key drivers of the domestic economy.
As part of the Top Business Montenegro Awards 2026, a total of 21 national awards will be presented — four awards by company size, 14 awards for market leaders in key industries, and three special awards: for the highest profit achieved, the largest employer, and the most successful newly established company registered after January 1, 2023. year.
In the large companies category, the award was won by Voli Trade d. o. o. Podgorica. Among medium-sized enterprises, the award went to Hifa Oil CG d. o. o. Zeta, while in the small companies category the winner was Pearl Executive Aviation d. o. o. Podgorica. The award for the most successful micro-enterprise was presented to Autotamaris d. o. o. Tivat.
Among the industry market leaders, awards were presented to the following companies: Voli Trade Podgorica (Retail), MTEL Podgorica (Telecommunications), Glosarij Podgorica (Pharmaceuticals), Portonovi Hospitality Management Company Herceg Novi (Hospitality), Panevivo Podgorica (Restaurants and Cafés), Azmont Investments Herceg Novi (Property Management), Ernst & Young Montenegro Podgorica (Audit and Accounting), PZU Polyclinic “Moj Lab” Podgorica (Medical Services), Bemax Podgorica (Construction), Meso-Promet Bijelo Polje (Food and Beverage), Uniprom (Other Manufacturing and Processing), Comtrade Distribution Podgorica (IT Equipment Distribution), Jugopetrol Podgorica (Oil and Petroleum Products), and EPAM Systems Montenegro Podgorica (Other IT Services).
The special award for the highest profit achieved was presented to MTEL d.o.o. Podgorica, while the award for the largest employer went to IDEA – CG Podgorica. The title of the most successful newly established company was awarded to Piles Construction Company d.o.o. Herceg Novi.
The official Top Business Montenegro Awards 2026 ceremony will be held on June 11 at Knjaz Estate, in the presence of representatives of institutions and the business community.
A novelty of this year’s edition is the introduction of regional awards — for the northern and southern regions of Montenegro — which will be presented during the summer editions of the TBM Business Talks events as part of the regional program of the Top Business Montenegro platform.
The Top Business Montenegro initiative was launched by the creative communications agency BI Communication, in cooperation with BI Consulting, the first Montenegrin provider of business information. The project is implemented with institutional support from the Chamber of Economy of Montenegro and with NLB as the general partner.
