Institute for Standardization of Montenegro
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Micro, Small and Medium Enterprises (MSMEs)

According to the classification according to the number of employees, turnover and assets on an annual level, companies are divided into micro, small, medium and large.

Micro-enterprises have up to 10 employees, turnover up to € 700,000 and assets up to € 350,000, small from 10 to 50 employees, turnover from € 700,000 to € 8,000,000, assets from € 350,000 to € 4,000,000, medium from 50 to 250 employees, turnover from 8,000,000 to 40,000,000 € and assets from 4,000,000 to 20,000,000 €. Large companies are companies with over 250 employees, over € 4,000,000 turnover and assets over € 20,000,000.

Out of a total of 23 million companies and about 100 million employees in this sector, as many as there are in the European Union, as many as 99 percent are micro, small and medium enterprises (there are 25 million in the USA and five million in Japan). They contribute to the total gross domestic product of the EU with 60 percent and provided over 80 million jobs on the eve of the latest income of members. This means that two thirds of the total number of employees in the private sector in the EU work in the MSME sector.

The number of micro, small and medium enterprises in Montenegro in 2018, according to the Tax Administration, amounted to 29,534, while micro, small and medium enterprises participate in the total employment with 76%.

Learning and learning about the benefits of using standards and participating in standardization is very useful using CEN / CENELEC learning tools for micro, small and medium enterprises. The new e-learning tool for 20 million European MSMEs provides an opportunity to quickly and easily learn and learn the basic concepts of standardization.

If you are a micro, small or medium enterprise that wants to improve and optimize its business, you can get involved and help develop the standards that your company needs.

CEN and CENELEC together with SBS (Small Business Standards) developed a video presentation for MSMEs on the importance of standards as a business tool. The video presentation invites micro, small and medium enterprises to participate in standardization and to contribute to the development of standards.

Standards for MSMEs

European standards for micro, small and medium enterprises

MSME Toolbox of Solutions

The MSME Toolbox gives MSMEs a better understanding of how using standards can benefit your business

MSME e-Learning

This e-Learning tool for MSMEs consists of 6 modules with individual subjects. Each module begins with a review of the learning targets, followed by an animation that explains the subject based on a concrete situation.

MSME support