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 1–50 of 104
* 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* |
|---|
| 1 | Kolubara Crna Gora03643212 · Construction | 5.1% | 8,828,115€ | +141.6% | 70,952€ | 0.8% | 2 | 2,022€ |
| 2 | MD-Momo02050331 · Construction | 1.8% | 3,062,884€ | +7.3% | 132,050€ | 4.3% | 31 | 815€ |
| 3 | Agencija za Izgradnju i Razvoj Berane03069494 · Construction | 1.1% | 1,825,245€ | +3.8% | 5,246€ | 0.3% | 87 | 852€ |
| 4 | Gold Grading02886731 · Construction | 0.9% | 1,630,922€ | +74.8% | 490,420€ | 30.1% | 18 | 648€ |
| 5 | Ba Tim03112349 · Construction | 0.7% | 1,258,552€ | +18.3% | 12,248€ | 1.0% | 18 | 721€ |
| 6 | Nikos Cop03356191 · Construction | 0.7% | 1,191,906€ | +183.1% | 149,446€ | 12.5% | 4 | 2,078€ |
| 7 | Teko02172909 · Construction | 0.3% | 469,928€ | +15.7% | 6,358€ | 1.4% | 10 | 1,134€ |
| 8 | DMD Project Montenegro03219534 · Construction | 0.2% | 292,953€ | -19.2% | -22,144€ | -7.6% | 5 | 1,123€ |
| 9 | Trio Eloksir02922487 · Construction | 0.2% | 278,744€ | +26.6% | 5,384€ | 1.9% | 6 | 552€ |
| 10 | 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€ |
| 11 | Roloplast Montenegro02738066 · Construction | 0.1% | 211,275€ | +44.9% | -28,865€ | -13.7% | 5 | 713€ |
| 12 | Id Investments03688003 · Construction | <0.1% | 154,643€ | +164.1% | -10,130€ | -6.6% | 2 | 2,478€ |
| 13 | MS Hidrogradnja03345394 · Construction | <0.1% | 149,482€ | +163.5% | 456€ | 0.3% | 4 | 1,111€ |
| 14 | Denim-Projekt02694182 · Construction | <0.1% | 139,075€ | +24.8% | 25,045€ | 18.0% | 4 | 866€ |
| 15 | Dr.Haus03262383 · Construction | <0.1% | 134,489€ | +8.4% | 15,040€ | 11.2% | 4 | 1,150€ |
| 16 | Plan Project Mne03189791 · Construction | <0.1% | 131,200€ | +1,100.7% | 35,949€ | 27.4% | 1 | 535€ |
| 17 | Dragovic MK - Gradnja03395189 · Construction | <0.1% | 117,867€ | +43.6% | -11,603€ | -9.8% | 4 | 2,039€ |
| 18 | David Gradnja 202403697355 · Construction | <0.1% | 116,702€ | +298.6% | 7,404€ | 6.3% | 5 | 1,192€ |
| 19 | Elektrouniverzal Team03658007 · Construction | <0.1% | 116,102€ | +233.8% | 41,043€ | 35.4% | 3 | 1,335€ |
| 20 | Gojković Company03673502 · Construction | <0.1% | 87,372€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,694€ | 6.5% | 1 | 904€ |
| 21 | Trut03308251 · Construction | <0.1% | 83,046€ | -0.5% | -21,932€ | -26.4% | 5 | 1,744€ |
| 22 | Draganov03696642 · Construction | <0.1% | 79,208€ | +550.3% | 3,855€ | 4.9% | 3 | 2,084€ |
| 23 | Sigurnost Vašeg Doma03639347 · Construction | <0.1% | 72,779€ | +19.3% | 7,960€ | 10.9% | 2 | 837€ |
| 24 | Šoro03583180 · Construction | <0.1% | 72,006€ | +19.5% | -25,772€ | -35.8% | 5 | 1,624€ |
| 25 | Vu Gradnja03690962 · Construction | <0.1% | 68,545€ | +276.2% | -29,042€ | -42.4% | 5 | 1,623€ |
| 26 | M3S03714497 · Construction | <0.1% | 54,154€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,246€ | -31.8% | 1 | 2,260€ |
| 27 | RB Gradnja03357805 · Construction | <0.1% | 53,950€ | +41.8% | -28,879€ | -53.5% | 3 | 1,676€ |
| 28 | Ingmonts03671232 · Construction | <0.1% | 51,129€ | -26.4% | 7,780€ | 15.2% | 3 | 638€ |
| 29 | MG Gradnja03706656 · Construction | <0.1% | 47,626€ | +495.3% | -45,924€ | -96.4% | 4 | 934€ |
| 30 | Next Level Invest03414957 · Construction | <0.1% | 42,100€ | +20.8% | 4,044€ | 9.6% | 2 | 1,548€ |
| 31 | Jedvaček03747956 · Construction | <0.1% | 41,776€ | No filing for 2024. | -26,295€ | -62.9% | 5 | 1,055€ |
| 32 | Demark03725138 · Construction | <0.1% | 41,150€ | No filing for 2024. | -33,392€ | -81.1% | 4 | 1,548€ |
| 33 | Din-Raka Comerc03379205 · Construction | <0.1% | 39,578€ | +30.2% | 1,824€ | 4.6% | 2 | 1,507€ |
| 34 | Intera Plus03657426 · Construction | <0.1% | 38,830€ | +466.3% | 13,683€ | 35.2% | 1 | 1,721€ |
| 35 | Kaludra Gradnja03661300 · Construction | <0.1% | 38,594€ | +117.6% | 4,499€ | 11.7% | 2 | 1,246€ |
| 36 | Irka03564401 · Construction | <0.1% | 35,592€ | +13.2% | -3,920€ | -11.0% | 1 | 3,217€ |
| 37 | Amv Šekularac03736326 · Construction | <0.1% | 35,360€ | No filing for 2024. | 4,109€ | 11.6% | 2 | 685€ |
| 38 | M&J Elektro03750094 · Construction | <0.1% | 33,674€ | No filing for 2024. | -1,088€ | -3.2% | 3 | 899€ |
| 39 | Maak03711099 · Construction | <0.1% | 32,025€ | +9,604.5% | 2,245€ | 7.0% | 2 | 1,233€ |
| 40 | Nisavic BN Gradnja03600068 · Construction | <0.1% | 32,022€ | +98.6% | 2,616€ | 8.2% | 3 | 809€ |
| 41 | Enterijer Oto03706346 · Construction | <0.1% | 31,410€ | +947.0% | 8,439€ | 26.9% | 1 | 1,186€ |
| 42 | Fuad&Belo03680665 · Construction | <0.1% | 30,361€ | +189.2% | 3,425€ | 11.3% | 1 | 2,226€ |
| 43 | Lim Gradnja03248810 · Construction | <0.1% | 29,773€ | -50.2% | -33,717€ | -113.2% | 2 | 1,551€ |
| 44 | Kamen Osmanović03672832 · Construction | <0.1% | 29,535€ | +114.2% | -100€ | -0.3% | 2 | 1,015€ |
| 45 | NND Medo03488667 · Construction | <0.1% | 29,115€ | -13.1% | -2,633€ | -9.0% | 1 | 2,562€ |
| 46 | Edo Gradnja03335968 · Construction | <0.1% | 29,006€ | +173.6% | 4,229€ | 14.6% | 1 | 1,406€ |
| 47 | Luxal 05103168379 · Construction | <0.1% | 28,571€ | -24.1% | 3,743€ | 13.1% | 3 | 567€ |
| 48 | Eloksir Plus02629615 · Construction | <0.1% | 28,381€ | -70.7% | -23,758€ | -83.7% | 3 | 676€ |
| 49 | Helena Gradnja03650162 · Construction | <0.1% | 28,334€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -329€ | -1.2% | 2 | 930€ |
| 50 | JVL Gradnja03737543 · Construction | <0.1% | 27,683€ | No filing for 2024. | 9,380€ | 33.9% | 1 | 1,409€ |