Revenue
4.3% of Montenegro's revenue
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.
4.3% of Montenegro's revenue
72.6 per 1,000 residents · Montenegro 57.3
Largest employer: Kadar Plus (519)
Total profit: 29.89m€
Average per employee, not per company
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
Growth is measured on the same companies, which filed for both years.
Share of municipal revenue
Share in MontenegroRevenue change vs 2024, companies with at least 1m€ that year
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 101–150 of 3,326
* 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 →
| Employees |
|---|
| Payroll cost/emp./mo* |
|---|
| 101 | Bomaco Trade02994020 · Trade | 0.2% | 1,257,910€ | -4.0% | 39,786€ | 3.2% | 6 | 1,980€ |
| 102 | Daiki03289109 · Trade | 0.2% | 1,252,070€ | +1.9% | 164,998€ | 13.2% | 12 | 1,325€ |
| 103 | Fakultet za Poslovni Menadžment02425769 · Education | 0.2% | 1,232,616€ | +3.9% | 217,321€ | 17.6% | 11 | 3,105€ |
| 104 | Mornar Group03167160 · Hospitality | 0.2% | 1,220,958€ | +120.1% | 162,500€ | 13.3% | 12 | 807€ |
| 105 | La Bottega02650762 · Construction | 0.2% | 1,201,603€ | +64.2% | 1,752€ | 0.1% | 14 | 727€ |
| 106 | Express Courier02463288 · Transport & logistics | 0.2% | 1,179,530€ | +47.4% | 208,947€ | 17.7% | 13 | 1,350€ |
| 107 | Podgor Import02337207 · Trade | 0.2% | 1,159,158€ | +12.0% | 2,746€ | 0.2% | 15 | 1,298€ |
| 108 | Čamdžić 01102855925 · Trade | 0.1% | 1,097,753€ | +14.1% | 33,610€ | 3.1% | 24 | 1,094€ |
| 109 | MMK Control02418541 · Professional services | 0.1% | 1,051,289€ | +25.7% | 405,792€ | 38.6% | 10 | 1,884€ |
| 110 | MSC - CG02635003 · Professional services | 0.1% | 1,048,782€ | -24.1% | -107,625€ | -10.3% | 2 | 3,627€ |
| 111 | Courier Eco02809940 · Hospitality | 0.1% | 1,043,417€ | +5.6% | 33,095€ | 3.2% | 24 | 969€ |
| 112 | Keramika Babović02338220 · Hospitality | 0.1% | 1,041,380€ | +16.9% | 17,327€ | 1.7% | 17 | 1,010€ |
| 113 | Pod Bedem03246850 · Hospitality | 0.1% | 1,035,923€ | +3.3% | 115,991€ | 11.2% | 17 | 1,573€ |
| 114 | Elektro Inženjering02664747 · Professional services | 0.1% | 1,010,680€ | -5.6% | 64,799€ | 6.4% | 9 | 961€ |
| 115 | Fakultet za Pomorstvo i Turizam Bar02864096 · Education | 0.1% | 998,942€ | +2.0% | 80,066€ | 8.0% | 12 | 3,779€ |
| 116 | Baltez02061341 · Manufacturing | 0.1% | 998,869€ | +31.0% | 202,622€ | 20.3% | 10 | 1,125€ |
| 117 | Logmax02845741 · Transport & logistics | 0.1% | 994,740€ | -21.6% | 89,901€ | 9.0% | 14 | 1,505€ |
| 118 | Capris02718375 · Transport & logistics | 0.1% | 991,837€ | -38.8% | 141,116€ | 14.2% | 4 | 2,366€ |
| 119 | Novi Standard03651428 · Health & social care | 0.1% | 990,907€ | +180.9% | 16,418€ | 1.7% | 28 | 1,319€ |
| 120 | Space Invest03505693 · Construction | 0.1% | 968,610€ | +2,996.6% | 140,130€ | 14.5% | 2 | 1,711€ |
| 121 | Ocean Montenegro02764245 · Transport & logistics | 0.1% | 963,666€ | +19.1% | 90,699€ | 9.4% | 32 | 1,325€ |
| 122 | Bar Meat03508668 · Trade | 0.1% | 942,915€ | +31.1% | 7,376€ | 0.8% | 7 | 1,180€ |
| 123 | Otrant Star03282503 · Hospitality | 0.1% | 935,436€ | +3,265.6% | -271,713€ | -29.0% | 22 | 708€ |
| 124 | DHM Projekt03446794 · Professional services | 0.1% | 921,378€ | +34.6% | 569,162€ | 61.8% | 10 | 1,640€ |
| 125 | Montenegro Čeluga02935368 · Manufacturing | 0.1% | 920,494€ | -6.9% | 18,513€ | 2.0% | 30 | 495€ |
| 126 | Elektro Centar Kalamper02695413 · Hospitality | 0.1% | 906,090€ | +17.8% | 79,339€ | 8.8% | 8 | 941€ |
| 127 | Hotel De'andros Virpazar03555330 · Hospitality | 0.1% | 903,977€ | +32.4% | 31,155€ | 3.4% | 34 | 1,247€ |
| 128 | Azur02711303 · Trade | 0.1% | 897,143€ | +15.9% | 62,796€ | 7.0% | 8 | 663€ |
| 129 | Curanović Trans02692503 · Transport & logistics | 0.1% | 893,040€ | -15.0% | 3,675€ | 0.4% | 5 | 697€ |
| 130 | World Trade Services03125190 · Transport & logistics | 0.1% | 876,653€ | -10.2% | 164,924€ | 18.8% | 4 | 330€ |
| 131 | Veto02758296 · Trade | 0.1% | 852,759€ | +36.8% | 183,388€ | 21.5% | 3 | 2,689€ |
| 132 | Primanova03283984 · Trade | 0.1% | 849,454€ | +0.0% | 79,323€ | 9.3% | 7 | 1,076€ |
| 133 | Travel Twitch DMC03483029 · Administrative services | 0.1% | 846,170€ | +488.3% | 12,780€ | 1.5% | 4 | 1,428€ |
| 134 | Q-Tek03016269 · Professional services | 0.1% | 844,679€ | -44.5% | 110,996€ | 13.1% | 8 | 1,357€ |
| 135 | Mont Projects Group03271455 · Construction | 0.1% | 842,570€ | +2,566.3% | 51,945€ | 6.2% | 1 | 1,207€ |
| 136 | Winnie the Pooh03076784 · Hospitality | 0.1% | 839,199€ | +8.6% | 66,117€ | 7.9% | 25 | 1,071€ |
| 137 | In Spe02090457 · Manufacturing | 0.1% | 838,821€ | +15.6% | 79,328€ | 9.5% | 21 | 1,018€ |
| 138 | Stari Grad02923769 · Trade | 0.1% | 835,163€ | +9.5% | 23,887€ | 2.9% | 7 | 1,008€ |
| 139 | Rap Com03115496 · Trade | 0.1% | 828,904€ | -6.3% | 1,026€ | 0.1% | 12 | 697€ |
| 140 | Agroteka03036782 · Trade | 0.1% | 823,045€ | +42.4% | 116,489€ | 14.2% | 7 | 841€ |
| 141 | Ripšped02188376 · Transport & logistics | 0.1% | 814,744€ | -36.1% | 47,994€ | 5.9% | 19 | 928€ |
| 142 | Sportsko- Rekreativni Centar02041715 · Arts & entertainment | 0.1% | 811,063€ | +3.1% | -440€ | -0.1% | 37 | 1,110€ |
| 143 | Iva Pharm02772256 · Trade | 0.1% | 795,773€ | -7.4% | -70,171€ | -8.8% | 10 | 1,551€ |
| 144 | Separe03295389 · Hospitality | 0.1% | 780,112€ | +9.0% | 27,572€ | 3.5% | 15 | 1,440€ |
| 145 | Nemo - Mont02635186 · Trade | 0.1% | 765,924€ | +0.9% | 12,372€ | 1.6% | 6 | 451€ |
| 146 | Your Time03452166 · Hospitality | <0.1% | 756,665€ | +42.8% | 77,813€ | 10.3% | 29 | 685€ |
| 147 | Art Port03273636 · Professional services | <0.1% | 752,844€ | +119,209.7% | 643,524€ | 85.5% | 1 | 922€ |
| 148 | Femić Co02775255 · Professional services | <0.1% | 746,338€ | -10.9% | 1,543€ | 0.2% | 17 | 1,015€ |
| 149 | Diva Pharmacy03378322 · Trade | <0.1% | 733,666€ | +9.2% | 17,633€ | 2.4% | 7 | 940€ |
| 150 | Fair Trade02931249 · Hospitality | <0.1% | 732,817€ | -3.0% | 137,977€ | 18.8% | 7 | 781€ |