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 51–100 of 770
* 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 | D&D Ing03054616 · Professional services | 0.3% | 457,071€ | +29.0% | 97,988€ | 21.4% | 11 | 1,276€ |
| 52 | Luka's In02830744 · Hospitality | 0.3% | 455,262€ | +19.5% | 69,636€ | 15.3% | 9 | 1,146€ |
| 53 | Euro Fashion News03114716 · Trade | 0.3% | 454,644€ | +45.7% | 18,824€ | 4.1% | 6 | 1,347€ |
| 54 | Yu-Produkt02234211 · Trade | 0.3% | 451,342€ | +8.1% | 21,186€ | 4.7% | 3 | 1,031€ |
| 55 | Fuelme Security03516431 · Technology | 0.3% | 434,163€ | +16.9% | 3,682€ | 0.8% | 9 | 3,746€ |
| 56 | Mig CG03362787 · Technology | 0.2% | 412,750€ | -25.1% | -8,131€ | -2.0% | 33 | 813€ |
| 57 | Ribnjak02280086 · Agriculture | 0.2% | 404,924€ | +69.8% | 25,900€ | 6.4% | 10 | 1,120€ |
| 58 | Berrymont03448282 · Manufacturing | 0.2% | 399,346€ | +95.2% | 10,277€ | 2.6% | 6 | 1,281€ |
| 59 | Čantrić Co03124720 · Transport & logistics | 0.2% | 396,149€ | -12.2% | 2,783€ | 0.7% | 10 | 1,229€ |
| 60 | Agro-Ing02367971 · Manufacturing | 0.2% | 395,821€ | -8.2% | 3,874€ | 1.0% | 4 | 532€ |
| 61 | Ag Komerc02774542 · Trade | 0.2% | 389,139€ | -3.6% | 5,005€ | 1.3% | 8 | 691€ |
| 62 | Mit - Berane02851962 · Manufacturing | 0.2% | 388,371€ | +49.6% | 10,865€ | 2.8% | 13 | 1,332€ |
| 63 | Vučeljić Komerc02104156 · Trade | 0.2% | 386,607€ | +14.9% | 16,894€ | 4.4% | 1 | 2,178€ |
| 64 | Berkom02185725 · Manufacturing | 0.2% | 367,217€ | -19.6% | 29,799€ | 8.1% | 13 | 716€ |
| 65 | Lješnjak Transport03157741 · Transport & logistics | 0.2% | 357,387€ | -4.1% | 16,374€ | 4.6% | 2 | 4,014€ |
| 66 | Stojanović Medical03340333 · Health & social care | 0.2% | 354,172€ | +8.6% | 58,865€ | 16.6% | 13 | 848€ |
| 67 | De Trans02938146 · Transport & logistics | 0.2% | 354,054€ | -12.4% | 9,158€ | 2.6% | 6 | 1,689€ |
| 68 | Gojković02991039 · Manufacturing | 0.2% | 347,909€ | -38.6% | -27,650€ | -7.9% | 5 | 1,002€ |
| 69 | DM Komerc03113906 · Trade | 0.2% | 342,910€ | +6.3% | -33,226€ | -9.7% | 3 | 1,452€ |
| 70 | Tramontana02429756 · Transport & logistics | 0.2% | 335,645€ | +111.7% | 11,509€ | 3.4% | 3 | 837€ |
| 71 | Beton Promet02769727 · Manufacturing | 0.2% | 330,828€ | -33.7% | 22,553€ | 6.8% | 5 | 2,222€ |
| 72 | Euroluks02731762 · Trade | 0.2% | 328,857€ | -27.6% | 282€ | 0.1% | 3 | 2,193€ |
| 73 | W-Prom02807742 · Hospitality | 0.2% | 328,476€ | +11.4% | 28,107€ | 8.6% | 9 | 691€ |
| 74 | Epkom02820242 · Agriculture | 0.2% | 323,703€ | +162.5% | 48,278€ | 14.9% | 2 | 692€ |
| 75 | V.R.02976200 · Trade | 0.2% | 322,224€ | +25.4% | 64,859€ | 20.1% | 8 | 935€ |
| 76 | Knjigovodstvena Agencija Novović03386660 · Professional services | 0.2% | 318,397€ | +127.1% | -12,189€ | -3.8% | 20 | 1,308€ |
| 77 | Novi Dom-Simpo02779889 · Trade | 0.2% | 312,382€ | -1.9% | 30,508€ | 9.8% | 4 | 1,333€ |
| 78 | Trim Komerc02770814 · Manufacturing | 0.2% | 309,768€ | +31.2% | 78,160€ | 25.2% | 5 | 806€ |
| 79 | Staxe03202682 · Hospitality | 0.2% | 305,856€ | +22.6% | 6,217€ | 2.0% | 11 | 753€ |
| 80 | O.S.I.02431661 · Hospitality | 0.2% | 303,419€ | +25.8% | -15,437€ | -5.1% | 10 | 1,129€ |
| 81 | Lokalni Javni Emiter Radio Berane02876868 · Public & nonprofit | 0.2% | 294,680€ | +18.8% | -18,713€ | -6.4% | 23 | 1,047€ |
| 82 | Benergo03069753 · Energy, water & waste | 0.2% | 294,554€ | +17.6% | 126,554€ | 43.0% | 9 | 1,117€ |
| 83 | DMD Project Montenegro03219534 · Construction | 0.2% | 292,953€ | -19.2% | -22,144€ | -7.6% | 5 | 1,123€ |
| 84 | Drvoprex02049350 · Agriculture | 0.2% | 287,344€ | +8.8% | 2,614€ | 0.9% | 4 | 4,637€ |
| 85 | Dragović Travel Berane03519520 · Transport & logistics | 0.2% | 285,704€ | +39.1% | 66,964€ | 23.4% | 3 | 744€ |
| 86 | Trio Eloksir02922487 · Construction | 0.2% | 278,744€ | +26.6% | 5,384€ | 1.9% | 6 | 552€ |
| 87 | Lutovac Limited03071529 · Hospitality | 0.2% | 275,988€ | +58.7% | 73,191€ | 26.5% | 4 | 1,133€ |
| 88 | Euro Zara02904462 · Trade | 0.2% | 272,152€ | +18.3% | 36,994€ | 13.6% | 4 | 715€ |
| 89 | Palma - S02930684 · Trade | 0.2% | 271,313€ | +49.4% | 19,251€ | 7.1% | 2 | 1,731€ |
| 90 | NV Vuk02130530 · Trade | 0.2% | 271,086€ | +0.3% | 1,453€ | 0.5% | 12 | 819€ |
| 91 | Ortak02915685 · Transport & logistics | 0.2% | 262,213€ | -3.3% | 17,114€ | 6.5% | 4 | 2,428€ |
| 92 | Infinity Defense03436187 · Trade | 0.2% | 259,301€ | +53.0% | 13,822€ | 5.3% | 2 | 898€ |
| 93 | Luč - Plus02843838 · Trade | 0.1% | 240,610€ | +616.1% | 164,671€ | 68.4% | 2 | 1,164€ |
| 94 | Rauš - Šped02883058 · Transport & logistics | 0.1% | 235,303€ | -31.0% | 16,526€ | 7.0% | 3 | 683€ |
| 95 | Kivaja International03708861 · Construction | 0.1% | 231,578€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 12,516€ | 5.4% | 10 | 750€ |
| 96 | B&B Berane03708403 · Hospitality | 0.1% | 230,687€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,603€ | 1.1% | 5 | 1,358€ |
| 97 | Montenegro-Gas02389355 · Trade | 0.1% | 228,358€ | +11.9% | -6,799€ | -3.0% | 5 | 863€ |
| 98 | 19 Septembar02089572 · Trade | 0.1% | 226,248€ | +11.6% | 7,892€ | 3.5% | 3 | 693€ |
| 99 | Arte Home02744317 · Manufacturing | 0.1% | 224,412€ | +110.4% | 83,459€ | 37.2% | 4 | 1,132€ |
| 100 | Inter03056236 · Trade | 0.1% | 222,607€ | +155.6% | 677€ | 0.3% | 1 | 3,774€ |