Revenue
1.0% of Montenegro's revenue
770 companies earned 172.55m€ in 2025, 1.0% of all company revenue in Montenegro. It ranks 15 of 25 municipalities by revenue. Revenue has grown 4.0× since 2015.
1.0% of Montenegro's revenue
31.2 per 1,000 residents · Montenegro 57.3
Largest employer: Komunalno (144)
Total profit: 21.20m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 43,307,747€ | 288 |
| 2016 | 51,510,334€ | 298 |
| 2017 | 58,257,954€ | 331 |
| 2018 | 65,597,412€ | 348 |
| 2019 | 70,086,655€ | 386 |
| 2020 | 64,217,326€ | 423 |
| 2021 | 75,717,783€ | 473 |
| 2022 | 98,924,593€ | 507 |
| 2023 | 114,844,924€ | 536 |
| 2024 | 131,402,466€ | 644 |
| 2025 (Preliminary) | 172,552,146€ | 770 |
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 51–99 of 99
* 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* |
|---|
| 51 | Pekara Ema Plus03768171 · Manufacturing | <0.1% | 32,773€ | No filing for 2024. | 1,493€ | 4.6% | 4 | 307€ |
| 52 | Korddom03621308 · Manufacturing | <0.1% | 32,658€ | -4.1% | -4,916€ | -15.1% | 2 | 877€ |
| 53 | Medenjak03300412 · Manufacturing | <0.1% | 31,472€ | +41.1% | -2,655€ | -8.4% | 2 | 1,148€ |
| 54 | Balević Company Baka Trade03276619 · Manufacturing | <0.1% | 30,039€ | +5.4% | -4,431€ | -14.8% | 1 | 678€ |
| 55 | Engine Control03388026 · Manufacturing | <0.1% | 29,302€ | +27.2% | -3,993€ | -13.6% | 1 | 1,956€ |
| 56 | ND Sistem03240991 · Manufacturing | <0.1% | 28,380€ | +164.2% | 2,135€ | 7.5% | 1 | 1,521€ |
| 57 | D&B Group03343588 · Manufacturing | <0.1% | 27,763€ | -51.8% | -9,869€ | -35.5% | 1 | 1,319€ |
| 58 | Rekord 195403660036 · Manufacturing | <0.1% | 27,149€ | +324.8% | -511€ | -1.9% | 2 | 934€ |
| 59 | Anđić Still03598195 · Manufacturing | <0.1% | 25,812€ | +32.1% | 3,265€ | 12.6% | 1 | 1,789€ |
| 60 | Solver03336697 · Manufacturing | <0.1% | 24,234€ | +14.7% | 2,315€ | 9.6% | 1 | 680€ |
| 61 | Zdrave Kapi03603440 · Manufacturing | <0.1% | 22,691€ | -41.0% | -3,699€ | -16.3% | 1 | 1,881€ |
| 62 | Elektro Servis Rotor03718182 · Manufacturing | <0.1% | 21,056€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,474€ | 16.5% | 1 | 1,186€ |
| 63 | Studio Enterijer03716813 · Manufacturing | <0.1% | 19,859€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 446€ | 2.2% | 1 | 1,192€ |
| 64 | Preslo-Deki03737489 · Manufacturing | <0.1% | 18,967€ | No filing for 2024. | 755€ | 4.0% | 2 | 721€ |
| 65 | Prozori i Vrata03003272 · Manufacturing | <0.1% | 17,842€ | -71.3% | -34,601€ | -193.9% | 4 | 945€ |
| 66 | Stefan Mont02467917 · Manufacturing | <0.1% | 13,968€ | -79.5% | -4,418€ | -31.6% | 2 | 675€ |
| 67 | Namještaj Laban03544028 · Manufacturing | <0.1% | 13,222€ | +8.3% | 4,687€ | 35.4% | 1 | 336€ |
| 68 | Madona Exclusive03714977 · Manufacturing | <0.1% | 13,175€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,611€ | -19.8% | 1 | 904€ |
| 69 | Fix-Lab03728749 · Manufacturing | <0.1% | 12,353€ | No filing for 2024. | 2,860€ | 23.2% | 1 | 727€ |
| 70 | Dental Tehnik Barjaktarović03774520 · Manufacturing | <0.1% | 11,887€ | No filing for 2024. | -888€ | -7.5% | 1 | 872€ |
| 71 | Crna Planina03705943 · Manufacturing | <0.1% | 10,060€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 822€ | 8.2% | 1 | 708€ |
| 72 | Sirara Kiković03336891 · Manufacturing | <0.1% | 9,000€ | -2.9% | -9,863€ | -109.6% | 2 | 734€ |
| 73 | Laz -Promet02187434 · Manufacturing | <0.1% | 8,985€ | -3.6% | 4,394€ | 48.9% | 1 | — |
| 74 | Arte Casa03281744 · Manufacturing | <0.1% | 8,835€ | -63.4% | -5,588€ | -63.2% | 1 | 1,193€ |
| 75 | Bella Chocoo03704505 · Manufacturing | <0.1% | 7,275€ | -12.6% | 1,038€ | 14.3% | 1 | 320€ |
| 76 | Vješte Ruke03772837 · Manufacturing | <0.1% | 6,510€ | No filing for 2024. | 4,913€ | 75.5% | 1 | — |
| 77 | Madona La Sposa03259668 · Manufacturing | <0.1% | 6,450€ | +37.5% | -2,910€ | -45.1% | 1 | 678€ |
| 78 | MMV Bulić03719227 · Manufacturing | <0.1% | 6,260€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,944€ | -95.0% | 1 | 678€ |
| 79 | B Team03543994 · Manufacturing | <0.1% | 5,261€ | -20.7% | -4,505€ | -85.6% | 1 | 424€ |
| 80 | Klimaterm02437864 · Manufacturing | <0.1% | 4,283€ | -81.0% | -2,550€ | -59.5% | 1 | 333€ |
| 81 | Kamenorezac Cale03779092 · Manufacturing | <0.1% | 2,430€ | No filing for 2024. | -1,748€ | -71.9% | 1 | — |
| 82 | Excalibur Mne03048179 · Manufacturing | <0.1% | 1,259€ | -98.1% | -87,131€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 989€ |
| 83 | Drvo Pav Stil03791432 · Manufacturing | <0.1% | 1,230€ | No filing for 2024. | -2,443€ | -198.6% | 1 | — |
| 84 | D&F03796361 · Manufacturing | <0.1% | 436€ | No filing for 2024. | 66€ | 15.1% | 1 | — |
| 85 | Bepek02278847 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 63,074€ | — | 1 | 375€ |
| 86 | Frigo Bell02278766 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,502€ | — | 1 | 375€ |
| 87 | Luč - Biro02278774 · Manufacturing | 0.0% | 0€ | -100.0% | -5,534€ | — | 1 | 451€ |
| 88 | Ak Design03803147 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -409€ | — | 1 | — |
| 89 | Distancer03327728 · Manufacturing | 0.0% | 0€ | -100.0% | -8,102€ | — | 1 | 675€ |
| 90 | Đukić Company02743191 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 91 | Enterijer Dogandžić03803139 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -878€ | — | 0 | — |
| 92 | Jela Com02851881 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 93 | Namještaj Adrović03802680 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -923€ | — | 1 | — |
| 94 | Neborad02644878 · Manufacturing | 0.0% | 0€ | -100.0% | -4,722€ | — | 1 | — |
| 95 | Nova Beranka02420619 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,530€ | — | 1 | — |
| 96 | God Kaludra02715457 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 97 | Luge02381265 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 98 | M & S Company02367009 · Manufacturing | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 99 | Rijad Mehović02719487 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,771€ | — | 1 | 564€ |