Revenue
1.2% of Montenegro's revenue
553 companies earned 210.32m€ in 2025, 1.2% of all company revenue in Montenegro. It ranks 13 of 25 municipalities by revenue. Revenue has grown 1.6× since 2015.
1.2% of Montenegro's revenue
38.2 per 1,000 residents · Montenegro 57.3
Largest employer: Komunalno (85)
Total profit: 5.38m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 131,900,869€ | 340 |
| 2016 | 113,840,269€ | 345 |
| 2017 | 126,258,705€ | 363 |
| 2018 | 129,892,428€ | 379 |
| 2019 | 131,696,059€ | 396 |
| 2020 | 106,449,861€ | 423 |
| 2021 | 128,514,940€ | 440 |
| 2022 | 158,125,968€ | 477 |
| 2023 | 183,245,115€ | 527 |
| 2024 | 204,247,324€ | 529 |
| 2025 (Preliminary) | 210,315,231€ | 553 |
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 51–64 of 64
* 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 | A&S Company03105105 · Manufacturing | <0.1% | 21,384€ | -64.6% | 1,099€ | 5.1% | 1 | — |
| 52 | Gap Group03335267 · Manufacturing | <0.1% | 15,002€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -44,034€ | -293.5% | 4 | 634€ |
| 53 | Hernburg Art Glass03429105 · Manufacturing | <0.1% | 13,318€ | +505.4% | 1,863€ | 14.0% | 1 | 926€ |
| 54 | Proarte02452375 · Manufacturing | <0.1% | 10,505€ | -23.9% | -1,088€ | -10.4% | 1 | 454€ |
| 55 | Pejović Guitars03387984 · Manufacturing | <0.1% | 8,880€ | -5.0% | 303€ | 3.4% | 1 | — |
| 56 | Souvenergo03670422 · Manufacturing | <0.1% | 8,128€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,929€ | -97.6% | 1 | 334€ |
| 57 | Čevo Invest02775808 · Manufacturing | <0.1% | 7,355€ | -5.5% | 43€ | 0.6% | 1 | — |
| 58 | Tehnologija Pokreta03604071 · Manufacturing | <0.1% | 1,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,160€ | -596.7% | 1 | 678€ |
| 59 | Osvit02051001 · Manufacturing | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | 0.0% | 1 | — |
| 60 | Dušin03559157 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,203€ | — | 1 | 677€ |
| 61 | Montcan02896869 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,733€ | — | 1 | 724€ |
| 62 | KM02785439 · Manufacturing | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 63 | Kula Radovića03077357 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -4,051€ | — | 0 | — |
| 64 | Vinland03626911 · Manufacturing | 0.0% | 0€ | -100.0% | -11,800€ | — | 1 | 704€ |