| 1 | Srbijavoz
rail transport | €9.3B | 2,087 | 72 | B |
| 2 | Elektroprivreda Srbije
energy industry | €3.9B | 29,799 | 72 | B |
| 3 | games.con | €3.2B | 20,000 | 80 | A |
| 4 | gc technology - startup | €1.4B | 20,000 | 80 | A |
| 5 | Maxi
retail | €847.0M | 11,669 | 72 | B |
| 6 | Telekom Srbija
telecommunications | €723.0M | 7,777 | 77 | B |
| 7 | pwo serbia | €570.5M | 3,000 | 70 | B |
| 8 | javno komunalno preduzeće "beogradske elektrane" | €384.8M | 3,000 | 70 | B |
| 9 | smo organizacija | €368.8M | 20,000 | 70 | B |
| 10 | mogyi srbija | €304.9M | 750 | 70 | B |
| 11 | Yugoimport SDPR
weapons industry | €280.3M | 362 | 72 | B |
| 12 | aman marketi | €278.9M | 3,000 | 70 | B |
| 13 | delta sport group | €278.9M | 3,000 | 70 | B |
| 14 | GIZ Serbia | €268.2M | 350 | 70 | B |
| 15 | Pošta Srbije
mail | €234.5M | 14,794 | 72 | B |
| 16 | meridianbet.rs | €207.8M | 3,000 | 70 | B |
| 17 | saint-gobain ecophon serbia | €194.5M | 750 | 70 | B |
| 18 | Mlekara Šabac | €177.9M | 350 | 70 | B |
| 19 | PFI d.o.o. | €177.9M | 350 | 70 | B |
| 20 | hendi – tel d.o.o | €155.6M | 3,000 | 70 | B |
| 21 | auntex co., ltd | €144.1M | 350 | 70 | B |
| 22 | m.i. finance | €144.1M | 350 | 70 | B |
| 23 | comtrade distribution - hungary, romania, bulgaria and greece | €144.1M | 350 | 70 | B |
| 24 | ANDRAX NK D.O.O. | €142.8M | 350 | 70 | B |
| 25 | Autokomerc doo | €142.8M | 350 | 70 | B |
| 26 | Yandex Delivery Serbia | €142.8M | 350 | 70 | B |
| 27 | City Express doo | €142.8M | 350 | 70 | B |
| 28 | Transfera Transport&Logistics | €142.8M | 350 | 70 | B |
| 29 | Dunav RE | €128.6M | 350 | 70 | B |
| 30 | AMS Osiguranje a.d.o. Beograd | €128.6M | 350 | 70 | B |
| 31 | sante laboratorije | €125.2M | 750 | 70 | B |
| 32 | pwo by lottomatica (former sks365) | €121.6M | 750 | 70 | B |
| 33 | Elektroistok Izgradnja Beograd | €109.7M | 350 | 70 | B |
| 34 | MOL Serbia doo, Member of MOL Group | €109.7M | 350 | 70 | B |
| 35 | Agrosava | €101.2M | 350 | 70 | B |
| 36 | Bayer CropScience Srbija | €101.2M | 350 | 70 | B |
| 37 | Freight finder | €96.0M | 350 | 60 | C+ |
| 38 | Crypto Lift App | €96.0M | 350 | 60 | C+ |
| 39 | Aevum | €95.8M | 125 | 60 | C+ |
| 40 | kraftia see | €95.8M | 125 | 60 | C+ |
| 41 | MTC NISSAL | €93.2M | 350 | 60 | C+ |
| 42 | A&P DOO | €86.3M | 350 | 60 | C+ |
| 43 | Polimark | €86.3M | 350 | 60 | C+ |
| 44 | MIM Team Food Ltd. | €86.3M | 350 | 60 | C+ |
| 45 | Cool Beer DOO | €86.3M | 350 | 60 | C+ |
| 46 | Technogips Srbija | €74.0M | 125 | 60 | C+ |
| 47 | Reynaers Aluminium Srbija | €74.0M | 125 | 60 | C+ |
| 48 | Saint-Gobain Serbia | €74.0M | 125 | 60 | C+ |
| 49 | KapitalRS Inc a.d. | €73.6M | 350 | 60 | C+ |
| 50 | Cactus Marketing Ltd | €73.6M | 350 | 60 | C+ |
| 51 | ProCredit Bank a.d Belgrade | €73.6M | 350 | 60 | C+ |
| 52 | Fond za razvoj Republike Srbije - Development Fund of the Republic of Serbia | €73.6M | 350 | 60 | C+ |
| 53 | Porsche Inter Auto S doo | €69.4M | 350 | 60 | C+ |
| 54 | Inter Cars Srbija | €69.4M | 350 | 60 | C+ |
| 55 | Devix Lazarevac | €69.3M | 350 | 60 | C+ |
| 56 | Energoprojekt Hidroinzenjering | €69.3M | 350 | 60 | C+ |
| 57 | University of Belgrade, Faculty of Civil Engineering | €69.3M | 350 | 60 | C+ |
| 58 | hopex mont | €69.3M | 350 | 60 | C+ |
| 59 | The Highway Institute | €69.3M | 350 | 60 | C+ |
| 60 | Elektrozapad | €66.5M | 350 | 60 | C+ |
| 61 | Silbo d.o.o. | €64.4M | 125 | 60 | C+ |
| 62 | Al Grosso doo | €64.4M | 125 | 60 | C+ |
| 63 | Interšped-B | €64.4M | 125 | 60 | C+ |
| 64 | PLAGRI COST Action | €63.5M | 125 | 60 | C+ |
| 65 | Desing | €63.5M | 125 | 60 | C+ |
| 66 | Baby Food Factory | €63.5M | 125 | 60 | C+ |
| 67 | Serbian Express Transport Business Association | €62.9M | 350 | 60 | C+ |
| 68 | PLAYMATRIX | €59.6M | 350 | 60 | C+ |
| 69 | Silkway Software Development | €59.6M | 350 | 60 | C+ |
| 70 | Seaberry Technologies | €59.6M | 350 | 60 | C+ |
| 71 | PSTech | €59.6M | 350 | 60 | C+ |
| 72 | Trafft | €59.6M | 350 | 60 | C+ |
| 73 | Google Developer Student Club University of Belgrade | €59.6M | 350 | 60 | C+ |
| 74 | concepta llc | €58.4M | 350 | 60 | C+ |
| 75 | нафтагас –технические сервисы д.о.о | €58.4M | 350 | 60 | C+ |
| 76 | W Hospitality Group d.o.o. | €57.5M | 350 | 60 | C+ |
| 77 | BQ Group | €57.5M | 350 | 60 | C+ |
| 78 | Hotel Central Point | €57.5M | 350 | 60 | C+ |
| 79 | fabering d.o.o | €52.9M | 350 | 60 | C+ |
| 80 | TERMOMONT DOO BEOGRAD | €52.9M | 350 | 60 | C+ |
| 81 | Modulor LTD | €52.9M | 350 | 60 | C+ |
| 82 | POWERCHINA Serbia | €52.9M | 350 | 60 | C+ |
| 83 | Interfast Doo | €52.9M | 350 | 60 | C+ |
| 84 | raj holding | €52.9M | 350 | 60 | C+ |
| 85 | Konstruktor Grupa | €52.9M | 350 | 60 | C+ |
| 86 | Lafarge kuće | €52.9M | 350 | 60 | C+ |
| 87 | M ENTERIJER GRADNJA Beograd | €52.9M | 350 | 60 | C+ |
| 88 | SUPERLAB BEOGRAD | €51.5M | 125 | 60 | C+ |
| 89 | CLICO SEE doo | €51.5M | 125 | 60 | C+ |
| 90 | clean air solution kraljevo | €51.5M | 125 | 60 | C+ |
| 91 | GSM 3G Company | €51.5M | 125 | 60 | C+ |
| 92 | MS Mobile Belgrade | €51.5M | 125 | 60 | C+ |
| 93 | Seibl Trade | €51.5M | 125 | 60 | C+ |
| 94 | RECA d.o.o. Srbija | €51.5M | 125 | 60 | C+ |
| 95 | Refot | €51.0M | 125 | 60 | C+ |
| 96 | CTshop | €51.0M | 125 | 60 | C+ |
| 97 | BN BOS Fashion doo | €51.0M | 125 | 60 | C+ |
| 98 | Shooter Fashion | €51.0M | 125 | 60 | C+ |
| 99 | Stampa Sistem D.O.O. | €51.0M | 125 | 60 | C+ |
| 100 | Triple Jump Group | €51.0M | 125 | 60 | C+ |