Revenue
758.90m€3.2× since 2015
4.3% of Montenegro's revenue
Bar
3,326 companies earned 758.90m€ in 2025, 4.3% of all company revenue in Montenegro. It ranks 4 of 25 municipalities by revenue. Revenue has grown 3.2× since 2015.
Municipality · 2025
Year
Overview
Companies
3,326+2,020 since 2015
72.6 per 1,000 residents · Montenegro 57.3
Employees
12,0282.1× since 2015
Largest employer: Kadar Plus (519)
Profit margin
3.9%2.2 pts below average
Total profit: 29.89m€
This municipality 3.9%Montenegro: 6.1%
Payroll cost/emp./mo*
1,090€12% below average
Average per employee, not per company
This municipality 1,090€Montenegro: 1,242€
Revenue and companies since 2015
FinalPreliminary
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 239,370,876€ | 1,306 |
| 2016 | 262,228,157€ | 1,380 |
| 2017 | 301,053,489€ | 1,496 |
| 2018 | 333,446,222€ | 1,663 |
| 2019 | 351,884,422€ | 1,831 |
| 2020 | 318,094,388€ | 2,022 |
| 2021 | 391,032,089€ | 2,198 |
| 2022 | 548,447,681€ | 2,694 |
| 2023 | 592,141,198€ | 3,169 |
| 2024 | 674,325,394€ | 3,269 |
| 2025 (Preliminary) | 758,900,352€ | 3,326 |
Companies are assigned to the municipality of their current seat for every year
What changed in 2025
Growth is measured on the same companies, which filed for both years.
- Revenue, same companies (2,945)
- 667.50m€ → 755.50m€
- Employees, same companies
- 10,937 → 11,596
- Payroll cost per employee, same companies
- 992€ → 1,116€
- Filed for 2025, not for 2024
- 381 companies · 3.40m€
- Filed for 2024, not for 2025
- 324 companies, 6.83m€ in 2024
Sectors and who is growing
Revenue by sector
Share of municipal revenue
Share in Montenegro- Trade 291.17m€Montenegro: 43.8%38.4%
- Construction 99.83m€Montenegro: 11.9%13.2%
- Transport & logistics 89.02m€Montenegro: 5.4%11.7%
- Hospitality 76.99m€Montenegro: 7.2%10.1%
- Manufacturing 64.87m€Montenegro: 8.2%8.5%
- Professional services 43.61m€Montenegro: 4.3%5.7%
- Energy, water & waste 20.48m€Montenegro: 5.4%2.7%
- Other sectors (10) 72.95m€9.6%
Fastest growing
Revenue change vs 2024, companies with at least 1m€ that year
- PGS Montenegro1.45m€ → 2.97m€+104.9%
- Zenšped Group2.37m€ → 4.54m€+91.1%
- 2 Decembar5.38m€ → 9.06m€+68.5%
- Tesla Smart Systems International1.50m€ → 2.47m€+65.4%
- Gold Bar2.50m€ → 3.82m€+52.7%
Largest employers
Employees and payroll cost per employee per month*
- 5191,214€
- 4851,334€
- 3441,267€
- 2711,672€
- 2261,336€
Development signals and urban projects
- 18/04/2024UPI 15 333 24 36 TAP JOVIĆI D.O.O. . (1.82 MB)Concept design approved
- Date not published15 333 20 UPI 101 F2 doo Bar. (160.08 KB)Concept design approved
- Date not published15 333 20 UPI 102 Bar trade doo Bar. (180.53 KB)Concept design approved
- Date not published15 333 20 UPI 104 Misko tours doo bar. (181.71 KB)Concept design approved
- Date not published15 333 20 UPI 108 Urban Place doo Bar R. (147.43 KB)Concept design approved
All companies (3,326)
Ranked by total revenue · Showing 451–500 of 3,326
- 451Blumenstreet03520099 · HospitalityRevenue share<0.1%
- Revenue
- 210,084€
- Revenue change 2024→2025
- +22.7%
- Profit
- 7,453€
- Margin
- 3.5%
- Employees
- 6
- Payroll cost/emp./mo*
- 702€
- 452Shehaj - G Company03530051 · ManufacturingRevenue share<0.1%
- Revenue
- 209,765€
- Revenue change 2024→2025
- +14.3%
- Profit
- 27,387€
- Margin
- 13.1%
- Employees
- 8
- Payroll cost/emp./mo*
- 638€
- 453Lenapharm03541894 · TradeRevenue share<0.1%
- Revenue
- 208,449€
- Revenue change 2024→2025
- +8.7%
- Profit
- 11,833€
- Margin
- 5.7%
- Employees
- 2
- Payroll cost/emp./mo*
- 905€
- 454Alo Mobile03144704 · Personal servicesRevenue share<0.1%
- Revenue
- 205,835€
- Revenue change 2024→2025
- +1.7%
- Profit
- -11,779€
- Margin
- -5.7%
- Employees
- 9
- Payroll cost/emp./mo*
- 982€
- 455Kunje03129659 · HospitalityRevenue share<0.1%
- Revenue
- 204,785€
- Revenue change 2024→2025
- +3.0%
- Profit
- 6,262€
- Margin
- 3.1%
- Employees
- 12
- Payroll cost/emp./mo*
- —
- 456Erijon02777380 · ManufacturingRevenue share<0.1%
- Revenue
- 204,526€
- Revenue change 2024→2025
- +11.7%
- Profit
- -20,325€
- Margin
- -9.9%
- Employees
- 9
- Payroll cost/emp./mo*
- 874€
- 457Mne Electronics03633993 · TradeRevenue share<0.1%
- Revenue
- 204,191€
- Revenue change 2024→2025
- +49.3%
- Profit
- -4,879€
- Margin
- -2.4%
- Employees
- 2
- Payroll cost/emp./mo*
- 666€
- 458Simel02132753 · Professional servicesRevenue share<0.1%
- Revenue
- 203,023€
- Revenue change 2024→2025
- -14.4%
- Profit
- 12,170€
- Margin
- 6.0%
- Employees
- 4
- Payroll cost/emp./mo*
- 985€
- 459Triangle M02883872 · TradeRevenue share<0.1%
- Revenue
- 202,962€
- Revenue change 2024→2025
- +0.7%
- Profit
- -10,010€
- Margin
- -4.9%
- Employees
- 3
- Payroll cost/emp./mo*
- 1,406€
- 460Sea02403749 · TradeRevenue share<0.1%
- Revenue
- 202,611€
- Revenue change 2024→2025
- +2.5%
- Profit
- -4,519€
- Margin
- -2.2%
- Employees
- 4
- Payroll cost/emp./mo*
- 675€
- 461Berg & Estate02695472 · TradeRevenue share<0.1%
- Revenue
- 202,525€
- Revenue change 2024→2025
- +10.0%
- Profit
- -41,829€
- Margin
- -20.7%
- Employees
- 6
- Payroll cost/emp./mo*
- 994€
- 462Sea-Log03135713 · Transport & logisticsRevenue share<0.1%
- Revenue
- 201,204€
- Revenue change 2024→2025
- -14.3%
- Profit
- 3,408€
- Margin
- 1.7%
- Employees
- 4
- Payroll cost/emp./mo*
- 687€
- 463Mat Investments03540260 · ConstructionRevenue share<0.1%
- Revenue
- 200,472€
- Revenue change 2024→2025
- +64.1%
- Profit
- 14,714€
- Margin
- 7.3%
- Employees
- 3
- Payroll cost/emp./mo*
- 946€
- 464Deana Co03267199 · HospitalityRevenue share<0.1%
- Revenue
- 199,215€
- Revenue change 2024→2025
- +18.9%
- Profit
- 16,740€
- Margin
- 8.4%
- Employees
- 3
- Payroll cost/emp./mo*
- 1,035€
- 465Međedović Company02643618 · TradeRevenue share<0.1%
- Revenue
- 199,141€
- Revenue change 2024→2025
- -49.6%
- Profit
- -64,890€
- Margin
- -32.6%
- Employees
- 5
- Payroll cost/emp./mo*
- 819€
- 466Elektrocentar Lekić02157152 · ConstructionRevenue share<0.1%
- Revenue
- 198,729€
- Revenue change 2024→2025
- +135.8%
- Profit
- 1,246€
- Margin
- 0.6%
- Employees
- 12
- Payroll cost/emp./mo*
- 771€
- 467Media Pro02380820 · Professional servicesRevenue share<0.1%
- Revenue
- 198,642€
- Revenue change 2024→2025
- -6.3%
- Profit
- -9,304€
- Margin
- -4.7%
- Employees
- 10
- Payroll cost/emp./mo*
- 841€
- 468Kale - ND03050521 · ManufacturingRevenue share<0.1%
- Revenue
- 198,430€
- Revenue change 2024→2025
- +25.9%
- Profit
- -553€
- Margin
- -0.3%
- Employees
- 9
- Payroll cost/emp./mo*
- 702€
- 469Development Organisation Construction Consulting03437671 · ConstructionRevenue share<0.1%
- Revenue
- 197,800€
- Revenue change 2024→2025
- +19.9%
- Profit
- 40,813€
- Margin
- 20.6%
- Employees
- 3
- Payroll cost/emp./mo*
- 593€
- 470Abaco02049589 · Professional servicesRevenue share<0.1%
- Revenue
- 197,782€
- Revenue change 2024→2025
- +29.2%
- Profit
- 81,132€
- Margin
- 41.0%
- Employees
- 4
- Payroll cost/emp./mo*
- 1,016€
- 471M2D Geo03750647 · Professional servicesRevenue share<0.1%
- Revenue
- 197,403€
- Revenue change 2024→2025
- No filing for 2024.
- Profit
- 51,323€
- Margin
- 26.0%
- Employees
- 3
- Payroll cost/emp./mo*
- 3,828€
- 472Međunarodni Institut za Geštalt03458580 · Professional servicesRevenue share<0.1%
- Revenue
- 196,371€
- Revenue change 2024→2025
- +54.4%
- Profit
- -1,776€
- Margin
- -0.9%
- Employees
- 5
- Payroll cost/emp./mo*
- 1,691€
- 473Domestico03082709 · ManufacturingRevenue share<0.1%
- Revenue
- 196,094€
- Revenue change 2024→2025
- +10.1%
- Profit
- 10,920€
- Margin
- 5.6%
- Employees
- 10
- Payroll cost/emp./mo*
- 610€
- 474Hogvards03279472 · EducationRevenue share<0.1%
- Revenue
- 194,829€
- Revenue change 2024→2025
- +18.6%
- Profit
- -31,861€
- Margin
- -16.4%
- Employees
- 20
- Payroll cost/emp./mo*
- 521€
- 475Elkora02754223 · TradeRevenue share<0.1%
- Revenue
- 194,546€
- Revenue change 2024→2025
- No filing for 2024.
- Profit
- 5,029€
- Margin
- 2.6%
- Employees
- 0
- Payroll cost/emp./mo*
- —
- 476Adriatic Shipsuppliers02872285 · Transport & logisticsRevenue share<0.1%
- Revenue
- 193,742€
- Revenue change 2024→2025
- +16.1%
- Profit
- 52,603€
- Margin
- 27.2%
- Employees
- 1
- Payroll cost/emp./mo*
- 649€
- 477Ban Bilans03098974 · Professional servicesRevenue share<0.1%
- Revenue
- 193,553€
- Revenue change 2024→2025
- +25.4%
- Profit
- 12,789€
- Margin
- 6.6%
- Employees
- 9
- Payroll cost/emp./mo*
- 743€
- 478Fini Co03556476 · TradeRevenue share<0.1%
- Revenue
- 193,288€
- Revenue change 2024→2025
- +4.6%
- Profit
- 4,435€
- Margin
- 2.3%
- Employees
- 4
- Payroll cost/emp./mo*
- 636€
- 479Art Gradnja Tri Construction03351181 · ConstructionRevenue share<0.1%
- Revenue
- 190,154€
- Revenue change 2024→2025
- +12.9%
- Profit
- -19,384€
- Margin
- -10.2%
- Employees
- 5
- Payroll cost/emp./mo*
- 790€
- 480Em - Stroy02817659 · ConstructionRevenue share<0.1%
- Revenue
- 190,039€
- Revenue change 2024→2025
- +1.5%
- Profit
- -32,276€
- Margin
- -17.0%
- Employees
- 11
- Payroll cost/emp./mo*
- 697€
- 481Montelgroup02776618 · ConstructionRevenue share<0.1%
- Revenue
- 189,877€
- Revenue change 2024→2025
- -15.7%
- Profit
- 4,507€
- Margin
- 2.4%
- Employees
- 6
- Payroll cost/emp./mo*
- 616€
- 482Alterturs02250934 · HospitalityRevenue share<0.1%
- Revenue
- 189,781€
- Revenue change 2024→2025
- -16.1%
- Profit
- 13,735€
- Margin
- 7.2%
- Employees
- 4
- Payroll cost/emp./mo*
- 532€
- 4833L Company03188175 · HospitalityRevenue share<0.1%
- Revenue
- 189,117€
- Revenue change 2024→2025
- +35.6%
- Profit
- 5,123€
- Margin
- 2.7%
- Employees
- 4
- Payroll cost/emp./mo*
- 1,091€
- 484Red Flame Montenegro02464560 · Professional servicesRevenue share<0.1%
- Revenue
- 187,963€
- Revenue change 2024→2025
- +36.9%
- Profit
- 86,391€
- Margin
- 46.0%
- Employees
- 2
- Payroll cost/emp./mo*
- 1,627€
- 485Vongola02759217 · HospitalityRevenue share<0.1%
- Revenue
- 186,314€
- Revenue change 2024→2025
- +4.7%
- Profit
- 52,192€
- Margin
- 28.0%
- Employees
- 7
- Payroll cost/emp./mo*
- 456€
- 486Italy Centro Group02785986 · TradeRevenue share<0.1%
- Revenue
- 186,208€
- Revenue change 2024→2025
- +14.1%
- Profit
- 33,729€
- Margin
- 18.1%
- Employees
- 2
- Payroll cost/emp./mo*
- 1,125€
- 487Berza02826607 · Professional servicesRevenue share<0.1%
- Revenue
- 185,405€
- Revenue change 2024→2025
- -16.5%
- Profit
- 7,818€
- Margin
- 4.2%
- Employees
- 5
- Payroll cost/emp./mo*
- 1,585€
- 488Ksenija02330393 · Professional servicesRevenue share<0.1%
- Revenue
- 184,958€
- Revenue change 2024→2025
- +34.9%
- Profit
- 41,360€
- Margin
- 22.4%
- Employees
- 7
- Payroll cost/emp./mo*
- 832€
- 489Ga Services03181278 · TradeRevenue share<0.1%
- Revenue
- 184,942€
- Revenue change 2024→2025
- +6.9%
- Profit
- 44,113€
- Margin
- 23.9%
- Employees
- 1
- Payroll cost/emp./mo*
- 10,139€
- 490Eko-Group02811472 · TradeRevenue share<0.1%
- Revenue
- 184,933€
- Revenue change 2024→2025
- +10.9%
- Profit
- -3,828€
- Margin
- -2.1%
- Employees
- 7
- Payroll cost/emp./mo*
- 826€
- 491Citadela Stari Bar03180557 · HospitalityRevenue share<0.1%
- Revenue
- 184,522€
- Revenue change 2024→2025
- +43.1%
- Profit
- -34,620€
- Margin
- -18.8%
- Employees
- 4
- Payroll cost/emp./mo*
- 749€
- 492MS Invest Plus02902737 · HospitalityRevenue share<0.1%
- Revenue
- 184,377€
- Revenue change 2024→2025
- -81.5%
- Profit
- -14,920€
- Margin
- -8.1%
- Employees
- 6
- Payroll cost/emp./mo*
- 622€
- 493Šeki Shop03629481 · TradeRevenue share<0.1%
- Revenue
- 184,090€
- Revenue change 2024→2025
- +14.7%
- Profit
- 17,790€
- Margin
- 9.7%
- Employees
- 2
- Payroll cost/emp./mo*
- 681€
- 494Enterijer Dizajn Studio02421488 · ManufacturingRevenue share<0.1%
- Revenue
- 184,088€
- Revenue change 2024→2025
- -7.8%
- Profit
- -23,787€
- Margin
- -12.9%
- Employees
- 7
- Payroll cost/emp./mo*
- 759€
- 495Questo - Quello02786087 · HospitalityRevenue share<0.1%
- Revenue
- 184,055€
- Revenue change 2024→2025
- +0.7%
- Profit
- 7,315€
- Margin
- 4.0%
- Employees
- 2
- Payroll cost/emp./mo*
- 623€
- 496Meddis Group02651688 · ConstructionRevenue share<0.1%
- Revenue
- 182,905€
- Revenue change 2024→2025
- +1,443.1%
- Profit
- 33,742€
- Margin
- 18.4%
- Employees
- 8
- Payroll cost/emp./mo*
- 681€
- 497BB Šušanj03362400 · HospitalityRevenue share<0.1%
- Revenue
- 182,533€
- Revenue change 2024→2025
- +6.7%
- Profit
- 2,433€
- Margin
- 1.3%
- Employees
- 3
- Payroll cost/emp./mo*
- 1,055€
- 498Elementgroup03430812 · HospitalityRevenue share<0.1%
- Revenue
- 182,023€
- Revenue change 2024→2025
- +41.9%
- Profit
- 3,073€
- Margin
- 1.7%
- Employees
- 7
- Payroll cost/emp./mo*
- 629€
- 499Rubick03089614 · HospitalityRevenue share<0.1%
- Revenue
- 181,935€
- Revenue change 2024→2025
- +26.8%
- Profit
- 4,196€
- Margin
- 2.3%
- Employees
- 3
- Payroll cost/emp./mo*
- 1,174€
- 500Hidro Polje MS03274802 · ConstructionRevenue share<0.1%
- Revenue
- 180,690€
- Revenue change 2024→2025
- +2.2%
- Profit
- 12,019€
- Margin
- 6.7%
- Employees
- 8
- Payroll cost/emp./mo*
- 920€
* 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 →
Companies in Bar ranked by revenue 2025 →
Source: Tax Administration / CRPSCurrency: EUR