Revenue
5.7% of Montenegro's revenue
5,552 companies earned 1.00b€ in 2025, 5.7% of all company revenue in Montenegro. It ranks 3 of 25 municipalities by revenue. Revenue has grown 2.6× since 2015.
5.7% of Montenegro's revenue
202.3 per 1,000 residents · Montenegro 57.3
Largest employer: Budvanska Rivijera (600)
Total profit: 26.90m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 383,810,343€ | 1,542 |
| 2016 | 444,494,047€ | 1,746 |
| 2017 | 472,980,155€ | 1,980 |
| 2018 | 530,680,779€ | 2,746 |
| 2019 | 560,118,454€ | 3,195 |
| 2020 | 330,171,815€ | 3,435 |
| 2021 | 522,432,693€ | 3,741 |
| 2022 | 708,025,501€ | 4,710 |
| 2023 | 892,278,713€ | 5,695 |
| 2024 | 962,555,670€ | 6,029 |
| 2025 (Preliminary) | 1,004,597,030€ | 5,552 |
The number of companies jumped most in 2022: from 3,741 to 4,710.
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 451–500 of 775
* 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* |
|---|
| 451 | Aos Trading03400859 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,287€ | — | 1 | 920€ |
| 452 | Aresmak Machinery & Engineering03782727 · Construction | 0.0% | 0€ | No filing for 2024. | -2,220€ | — | 1 | — |
| 453 | Arsenal Mne03487814 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,095€ | — | 2 | 733€ |
| 454 | Asd-Mont03773442 · Construction | 0.0% | 0€ | No filing for 2024. | -2€ | — | 1 | — |
| 455 | Asr Mne03630234 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,318€ | — | 1 | 904€ |
| 456 | Ayaz Group Investment03159507 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,410€ | — | 1 | — |
| 457 | Baki Gradnja Mne03730263 · Construction | 0.0% | 0€ | No filing for 2024. | -803€ | — | 1 | — |
| 458 | Barquito03512339 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -45,959€ | — | 1 | 381€ |
| 459 | Baturalp03549224 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,768€ | — | 1 | 678€ |
| 460 | Batures Investment03212572 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,807€ | — | 1 | 901€ |
| 461 | Bau Master Company03794318 · Construction | 0.0% | 0€ | No filing for 2024. | -1,807€ | — | 1 | — |
| 462 | Bereket03489647 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,398€ | — | 1 | 937€ |
| 463 | BH-Innovation03499740 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,353€ | — | 1 | 670€ |
| 464 | Black Elephant03473970 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 465 | Bruek03283437 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,379€ | — | 2 | 573€ |
| 466 | Budsa Construction & Consulting03212840 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,867€ | — | 1 | — |
| 467 | Caced Company03444996 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,846€ | — | 1 | 487€ |
| 468 | Čar Impgx03793320 · Construction | 0.0% | 0€ | No filing for 2024. | -1,969€ | — | 1 | — |
| 469 | Cekim Group Montenegro03317935 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 470 | Ceramiqus03805328 · Construction | 0.0% | 0€ | No filing for 2024. | -38€ | — | 1 | — |
| 471 | Cete TC03300064 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 472 | Cimpex.Mc03518272 · Construction | 0.0% | 0€ | -100.0% | -28,485€ | — | 4 | 591€ |
| 473 | Civitas Solis03416119 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,338€ | — | 1 | 1,071€ |
| 474 | CLK Global03646734 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 475 | Costa Construction03589641 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -59,329€ | — | 1 | 691€ |
| 476 | Cotan Construction03707229 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,061€ | — | 1 | 338€ |
| 477 | Daikomya Industrial Company03583597 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 478 | Daphnes Trade Company03592073 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 479 | Demirag03498328 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 480 | Demiroglu03227910 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,016€ | — | 1 | 668€ |
| 481 | Dimaistor02963965 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 482 | Dome Construction Investment Trade03593550 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -43,026€ | — | 2 | 1,040€ |
| 483 | Domore Company03749274 · Construction | 0.0% | 0€ | No filing for 2024. | -6,556€ | — | 1 | 539€ |
| 484 | Dreammaker03447731 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,728€ | — | 1 | — |
| 485 | Dunasinvest03110010 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,301€ | — | 1 | 675€ |
| 486 | Echoverse Consalting03677559 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,308€ | — | 1 | 670€ |
| 487 | Efc Global03212696 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,230€ | — | 1 | 676€ |
| 488 | Elixir Real Estate03455009 · Construction | 0.0% | 0€ | -100.0% | -15,185€ | — | 2 | 630€ |
| 489 | Embau03604047 · Construction | 0.0% | 0€ | -100.0% | -2,171€ | — | 1 | — |
| 490 | Etika Capital03224511 · Construction | 0.0% | 0€ | -100.0% | -19,606€ | — | 1 | 759€ |
| 491 | Euro Investment Mne03443388 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 492 | Evog Global03579719 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,501€ | — | 2 | 563€ |
| 493 | Falcon Plus03572277 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 494 | Fasko02633426 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,188€ | — | 1 | 682€ |
| 495 | Financial Services Montenegro02914891 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -42,646€ | — | 1 | 723€ |
| 496 | Finish Cop03560520 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 497 | Firat Group03234487 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,858€ | — | 1 | 760€ |
| 498 | Firnas Group03544575 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,776€ | — | 1 | 731€ |
| 499 | Format Stroy03658929 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,517€ | — | 1 | 1,350€ |
| 500 | Frappela Investments03404030 · Construction | 0.0% | 0€ | -100.0% | -258,428€ | — | 1 | 1,496€ |