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 301–350 of 1,051
* 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* |
|---|
| 301 | Expert DV02775352 · Trade | <0.1% | 18,165€ | +46.7% | -12,091€ | -66.6% | 1 | 726€ |
| 302 | Ekinoks-International03582973 · Trade | <0.1% | 18,000€ | +140.0% | 8,446€ | 46.9% | 1 | 675€ |
| 303 | Steca Trade03430375 · Trade | <0.1% | 18,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,837€ | 43.5% | 1 | 678€ |
| 304 | Sunway Company02316064 · Trade | <0.1% | 17,715€ | +6.1% | 3,731€ | 21.1% | 1 | 513€ |
| 305 | Rimeda Group03621618 · Trade | <0.1% | 17,537€ | +189.3% | 4,115€ | 23.5% | 2 | 484€ |
| 306 | Reminta YS03452425 · Trade | <0.1% | 17,486€ | +146.2% | 7,538€ | 43.1% | 1 | 670€ |
| 307 | Alpnaz Group03449033 · Trade | <0.1% | 17,402€ | +1.6% | -11,657€ | -67.0% | 2 | 639€ |
| 308 | Elektrokomplekttorgsbt03489663 · Trade | <0.1% | 17,300€ | +31.1% | 315€ | 1.8% | 2 | 677€ |
| 309 | Car Trade03666450 · Trade | <0.1% | 16,800€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,991€ | -11.9% | 1 | — |
| 310 | Alkim03548201 · Trade | <0.1% | 16,650€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,558€ | 51.4% | 1 | 674€ |
| 311 | Filtermax03608778 · Trade | <0.1% | 16,243€ | +1,464.8% | -17,151€ | -105.6% | 1 | 1,475€ |
| 312 | Arcus02717824 · Trade | <0.1% | 15,985€ | +24.7% | -3,378€ | -21.1% | 1 | 678€ |
| 313 | King Holdings Group03711919 · Trade | <0.1% | 15,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,339€ | -135.9% | 3 | 592€ |
| 314 | Didim Company03391132 · Trade | <0.1% | 15,696€ | -23.8% | -2,294€ | -14.6% | 2 | 588€ |
| 315 | R i A03253872 · Trade | <0.1% | 15,547€ | -13.8% | -4,456€ | -28.7% | 2 | 735€ |
| 316 | Spa Consult02784513 · Trade | <0.1% | 15,308€ | -7.6% | 4,158€ | 27.2% | 1 | 354€ |
| 317 | Lazogullari03389898 · Trade | <0.1% | 15,160€ | +18.0% | -1,661€ | -11.0% | 1 | 678€ |
| 318 | Dental Depot CG03241556 · Trade | <0.1% | 15,089€ | -46.1% | -53,611€ | -355.3% | 1 | 450€ |
| 319 | Maksimyd Company03456609 · Trade | <0.1% | 14,927€ | +10.1% | -439€ | -2.9% | 1 | 670€ |
| 320 | Obsidian03641864 · Trade | <0.1% | 14,657€ | +2,831.4% | 3,797€ | 25.9% | 1 | 735€ |
| 321 | Studio Strada03544044 · Trade | <0.1% | 14,517€ | +140.9% | 196€ | 1.4% | 1 | 749€ |
| 322 | Alcetas Group03500861 · Trade | <0.1% | 14,453€ | -25.1% | 2,560€ | 17.7% | 1 | 681€ |
| 323 | Free Flamingo03181197 · Trade | <0.1% | 14,262€ | -3.8% | -15,159€ | -106.3% | 1 | 678€ |
| 324 | Auto Servis - Miko03045684 · Trade | <0.1% | 14,166€ | +6.6% | 1,301€ | 9.2% | 1 | 680€ |
| 325 | Clever Things Technologies03531449 · Trade | <0.1% | 14,020€ | -56.2% | -6,635€ | -47.3% | 2 | 789€ |
| 326 | Berba Glass03783120 · Trade | <0.1% | 13,673€ | No filing for 2024. | -7,572€ | -55.4% | 1 | — |
| 327 | Sancho03644405 · Trade | <0.1% | 13,638€ | +10.8% | -5,028€ | -36.9% | 1 | — |
| 328 | Moda-Elitte02378493 · Trade | <0.1% | 13,620€ | -14.9% | -8,313€ | -61.0% | 1 | 911€ |
| 329 | Filoxy Marketing03633497 · Trade | <0.1% | 13,370€ | +33.5% | 2,130€ | 15.9% | 1 | 840€ |
| 330 | D2 Druga Dimenzija Boja03292967 · Trade | <0.1% | 13,325€ | +169.4% | 624€ | 4.7% | 2 | — |
| 331 | Velur02773376 · Trade | <0.1% | 13,314€ | -10.5% | -6,605€ | -49.6% | 2 | 425€ |
| 332 | Garalin03230015 · Trade | <0.1% | 13,050€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,770€ | 36.6% | 1 | 689€ |
| 333 | Rztrade03305015 · Trade | <0.1% | 12,999€ | +19.0% | -13,100€ | -100.8% | 1 | 1,334€ |
| 334 | Coory03660907 · Trade | <0.1% | 12,927€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,588€ | -58.7% | 1 | — |
| 335 | Castletroy03284395 · Trade | <0.1% | 12,904€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,612€ | 35.7% | 1 | 675€ |
| 336 | Grandolarse03324737 · Trade | <0.1% | 12,706€ | +45.1% | 2,851€ | 22.4% | 1 | 677€ |
| 337 | Ponoma Europe03428168 · Trade | <0.1% | 12,600€ | +20.0% | 2,907€ | 23.1% | 1 | 677€ |
| 338 | Cactus Oren03581357 · Trade | <0.1% | 12,492€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,607€ | -165.0% | 2 | 1,010€ |
| 339 | A Terra Leaf03522237 · Trade | <0.1% | 12,365€ | +3.0% | 260€ | 2.1% | 1 | 678€ |
| 340 | Smart Engineering Solutions03514447 · Trade | <0.1% | 12,158€ | -82.6% | -13,989€ | -115.1% | 3 | 492€ |
| 341 | Definece03576736 · Trade | <0.1% | 12,120€ | +236.2% | -366€ | -3.0% | 1 | 928€ |
| 342 | September 22 Mne03485692 · Trade | <0.1% | 12,100€ | +33.7% | -84€ | -0.7% | 1 | 916€ |
| 343 | Složna Braća Mne03630609 · Trade | <0.1% | 11,859€ | +77.6% | 993€ | 8.4% | 2 | 348€ |
| 344 | Klijen02706253 · Trade | <0.1% | 11,423€ | +65.6% | -233€ | -2.0% | 1 | 335€ |
| 345 | Myrte03031616 · Trade | <0.1% | 11,380€ | +11.7% | -4,103€ | -36.1% | 1 | 581€ |
| 346 | Arina Adriatica02798611 · Trade | <0.1% | 11,276€ | No filing for 2024. | -12,207€ | -108.3% | 3 | 368€ |
| 347 | Manni03039102 · Trade | <0.1% | 11,205€ | +48.4% | -11,645€ | -103.9% | 1 | 721€ |
| 348 | Win - Win Solution03177432 · Trade | <0.1% | 11,050€ | -44.8% | -9,845€ | -89.1% | 1 | 677€ |
| 349 | Wohdoki03475506 · Trade | <0.1% | 11,000€ | -47.7% | -1,677€ | -15.2% | 1 | 928€ |
| 350 | Historyy COM.03486176 · Trade | <0.1% | 10,920€ | +33.2% | -14,848€ | -136.0% | 2 | 487€ |