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 651–700 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* |
|---|
| 651 | Rigal Company03117677 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,940€ | — | 1 | 880€ |
| 652 | Satko Construction03197964 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -46€ | — | — | — |
| 653 | Vector Group02827832 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,516€ | — | 1 | 1,348€ |
| 654 | Dost03227065 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,278€ | — | 1 | 675€ |
| 655 | Nurkar Group03769275 · Construction | 0.0% | 0€ | No filing for 2024. | -3,498€ | — | 1 | — |
| 656 | Lainović02807777 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 657 | Mark-Ing02692775 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -27,271€ | — | 1 | — |
| 658 | Zid Ing02676206 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,309€ | — | 1 | 675€ |
| 659 | Wow Gradnja03798640 · Construction | 0.0% | 0€ | No filing for 2024. | -675€ | — | 1 | — |
| 660 | Adriatic Fish02646625 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,300€ | — | 1 | — |
| 661 | P.M. Invest02623862 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,399€ | — | 1 | 675€ |
| 662 | Oren Invest02965135 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,487€ | — | 1 | 679€ |
| 663 | Pro Build02774313 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,051€ | — | 1 | 338€ |
| 664 | Argointer Trading Company02950235 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,861€ | — | 2 | 576€ |
| 665 | Valux02634244 · Construction | 0.0% | 0€ | -100.0% | -16,296€ | — | 2 | 674€ |
| 666 | Franeta Invest02982030 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,192€ | — | 2 | 701€ |
| 667 | Invest Market03343472 · Construction | 0.0% | 0€ | -100.0% | -12,280€ | — | 1 | 355€ |
| 668 | Tanjer02626454 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,706€ | — | 1 | 926€ |
| 669 | Ersoy03393771 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,695€ | — | 1 | — |
| 670 | Topflor-Invest02464489 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 671 | Ideal Development02653630 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -36,544€ | — | 1 | 1,474€ |
| 672 | Oxal Company02617692 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 673 | Splendor03061817 · Construction | 0.0% | 0€ | -100.0% | -2,057€ | — | 1 | — |
| 674 | Duglas 102663180 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,063€ | — | 1 | 922€ |
| 675 | Ea Engineering03636658 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 676 | Efe Company Construction03715914 · Construction | 0.0% | 0€ | No filing for 2024. | -4,378€ | — | 1 | 365€ |
| 677 | Efe-Mne03496058 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,535€ | — | 1 | 675€ |
| 678 | Efulim03597695 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,852€ | — | 1 | 678€ |
| 679 | Ektor03284212 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 680 | Electro Focus03583368 · Construction | 0.0% | 0€ | -100.0% | -2,035€ | — | 1 | — |
| 681 | Elips-Mode03382265 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 682 | Ese Electric03737705 · Construction | 0.0% | 0€ | No filing for 2024. | -4,277€ | — | 1 | 355€ |
| 683 | F1 Petrol & KFC03228118 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,663€ | — | 1 | 678€ |
| 684 | Feast Moontenegro Group03475166 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 685 | Gavr Construction03646084 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,207€ | — | 1 | 677€ |
| 686 | GMG Group03108341 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 687 | Green Toprak03345360 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,297€ | — | 1 | 675€ |
| 688 | GZ Construct03783103 · Construction | 0.0% | 0€ | No filing for 2024. | -1,726€ | — | 1 | — |
| 689 | HKN-Insaat03587533 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 690 | HSM Construction03399729 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 691 | HTB Group Mne03742415 · Construction | 0.0% | 0€ | No filing for 2024. | -6,104€ | — | 1 | 506€ |
| 692 | Il Giardino02852497 · Construction | 0.0% | 0€ | -100.0% | -4,990€ | — | 1 | — |
| 693 | Ilke Homes03596532 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 694 | Irengen02673568 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,218€ | — | 1 | 675€ |
| 695 | Izosmart Društvo za Specijalizovane i Ostale Građevinske Radove03363511 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,850€ | — | 1 | 677€ |
| 696 | Jure Solutions03795217 · Construction | 0.0% | 0€ | No filing for 2024. | -956€ | — | 1 | — |
| 697 | Karem Fethiye03556310 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,591€ | — | 1 | 928€ |
| 698 | Kayser03577791 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,116€ | — | 1 | 924€ |
| 699 | Krasivaya Černogoriya02668122 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,669€ | — | 1 | 338€ |
| 700 | KRS Construction03582434 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,675€ | — | 1 | 622€ |