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 101–150 of 553
* 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* |
|---|
| 101 | 3K Invest03154033 · Trade | 0.1% | 291,589€ | +73.0% | 6,163€ | 2.1% | 13 | — |
| 102 | Torrente03122352 · Construction | 0.1% | 289,545€ | -15.8% | 97,305€ | 33.6% | 1 | 1,605€ |
| 103 | R-D Company CT03106578 · Hospitality | 0.1% | 274,951€ | +1.1% | -27,677€ | -10.1% | 8 | 642€ |
| 104 | Silex Promet02241820 · Manufacturing | 0.1% | 270,888€ | +25.4% | 37,766€ | 13.9% | 8 | 662€ |
| 105 | Koko Pro03404994 · Agriculture | 0.1% | 270,747€ | +15.9% | 2,207€ | 0.8% | 3 | 909€ |
| 106 | Nova Varoš02670704 · Hospitality | 0.1% | 266,089€ | +2.5% | -11,367€ | -4.3% | 10 | 729€ |
| 107 | Prestige Car Group02961784 · Administrative services | 0.1% | 262,376€ | -16.9% | -111,776€ | -42.6% | 1 | 341€ |
| 108 | Radio i Televizija Cetinje02879930 · Arts & entertainment | 0.1% | 257,725€ | +11.9% | 12,168€ | 4.7% | 16 | 1,062€ |
| 109 | Marshalls Gelato Montenegro03281833 · Manufacturing | 0.1% | 250,015€ | +9.9% | 14,300€ | 5.7% | 3 | 1,433€ |
| 110 | Batbojana02419874 · Transport & logistics | 0.1% | 245,383€ | -82.9% | 12,336€ | 5.0% | 2 | 775€ |
| 111 | Kika Auto03041271 · Trade | 0.1% | 242,191€ | -4.3% | -987€ | -0.4% | 1 | 956€ |
| 112 | Mnevent03138909 · Administrative services | 0.1% | 239,030€ | -17.6% | -3,350€ | -1.4% | 1 | 6,234€ |
| 113 | Danex Product03589129 · Manufacturing | 0.1% | 232,134€ | +175.1% | 94,931€ | 40.9% | 1 | 1,528€ |
| 114 | Fine Arts02630729 · Manufacturing | 0.1% | 231,066€ | -1.4% | 12,094€ | 5.2% | 6 | 581€ |
| 115 | Ivpe02208091 · Manufacturing | 0.1% | 229,189€ | +1.7% | 653€ | 0.3% | 7 | 510€ |
| 116 | Jadran Line02777185 · Transport & logistics | 0.1% | 223,626€ | -1.2% | 4,178€ | 1.9% | 6 | 1,116€ |
| 117 | MM Ribarstvo03053580 · Manufacturing | 0.1% | 221,188€ | +25.7% | 17,120€ | 7.7% | 1 | 825€ |
| 118 | D.D.R. Comerce02275775 · Manufacturing | 0.1% | 215,767€ | -8.8% | 7,734€ | 3.6% | 3 | — |
| 119 | Tara Travel03702138 · Transport & logistics | 0.1% | 214,586€ | +7,052.9% | 80,207€ | 37.4% | 2 | 2,196€ |
| 120 | Ivmi Popović02382911 · Hospitality | 0.1% | 214,056€ | -1.9% | 16,298€ | 7.6% | 5 | 700€ |
| 121 | Mijanović02454564 · Transport & logistics | <0.1% | 202,547€ | +16.7% | 4,808€ | 2.4% | 3 | 3,248€ |
| 122 | Hermes Travel03047601 · Transport & logistics | <0.1% | 199,955€ | -34.5% | 4,835€ | 2.4% | 4 | 1,828€ |
| 123 | Archi Terminal03195783 · Construction | <0.1% | 197,368€ | +34.2% | 354€ | 0.2% | 3 | 3,346€ |
| 124 | Agencija za Razvoj i Podršku Poslovanju03373860 · Professional services | <0.1% | 190,441€ | +5.2% | 5,265€ | 2.8% | 8 | 895€ |
| 125 | Opax Mne03005682 · Hospitality | <0.1% | 187,489€ | +43.6% | 3,324€ | 1.8% | 2 | 987€ |
| 126 | Miamar02866382 · Manufacturing | <0.1% | 184,025€ | +7.3% | 5,672€ | 3.1% | 2 | 675€ |
| 127 | Mamona03638413 · Trade | <0.1% | 183,098€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,020€ | -6.0% | 1 | 446€ |
| 128 | Zora Group03277852 · Manufacturing | <0.1% | 178,786€ | +84.6% | 11,815€ | 6.6% | 3 | 532€ |
| 129 | Sirara Vulaš02864657 · Manufacturing | <0.1% | 177,707€ | -4.3% | 642€ | 0.4% | 5 | 620€ |
| 130 | Unicar CG03107515 · Transport & logistics | <0.1% | 170,328€ | -19.9% | 4,039€ | 2.4% | 2 | 1,001€ |
| 131 | Skala Monte02744228 · Trade | <0.1% | 166,609€ | -2.0% | 2,473€ | 1.5% | 1 | 1,873€ |
| 132 | Velo03539580 · Administrative services | <0.1% | 158,872€ | +92.5% | 28,014€ | 17.6% | 4 | 1,150€ |
| 133 | Simd - Commerce02693372 · Hospitality | <0.1% | 158,128€ | -27.8% | 83€ | 0.1% | 7 | 675€ |
| 134 | Nero Azzurro03188400 · Professional services | <0.1% | 157,354€ | +17.2% | 2,462€ | 1.6% | 5 | 1,963€ |
| 135 | Velestkomerc Plus03352862 · Trade | <0.1% | 157,297€ | +39.5% | 4,882€ | 3.1% | 2 | 453€ |
| 136 | Kavex02323532 · Transport & logistics | <0.1% | 154,456€ | -24.4% | 3,271€ | 2.1% | 3 | 973€ |
| 137 | Brković S Kompany02635437 · Trade | <0.1% | 150,370€ | -2.8% | -8,720€ | -5.8% | 3 | 669€ |
| 138 | Vujović Transport03476979 · Transport & logistics | <0.1% | 149,853€ | +82.2% | 24,909€ | 16.6% | 2 | 2,157€ |
| 139 | Gama - Auto02799065 · Trade | <0.1% | 147,159€ | -36.2% | -10,868€ | -7.4% | 2 | 679€ |
| 140 | Jedva02267799 · Trade | <0.1% | 146,885€ | +3.6% | 10,344€ | 7.0% | 3 | 625€ |
| 141 | Luxar Trade03360695 · Administrative services | <0.1% | 146,504€ | -40.7% | 2,463€ | 1.7% | 2 | 675€ |
| 142 | PVN03186016 · Trade | <0.1% | 146,046€ | -0.9% | 2,512€ | 1.7% | 8 | 1,232€ |
| 143 | Jota02156997 · Trade | <0.1% | 142,735€ | +0.1% | -1,040€ | -0.7% | 4 | 875€ |
| 144 | M.R. Cetinje02423316 · Professional services | <0.1% | 139,846€ | -5.1% | 23,488€ | 16.8% | 7 | 921€ |
| 145 | 2N Auto03297748 · Administrative services | <0.1% | 139,552€ | +79.5% | -27,759€ | -19.9% | 3 | 433€ |
| 146 | La Regina Di Monte03379256 · Hospitality | <0.1% | 137,581€ | +1.4% | 6,179€ | 4.5% | 3 | 991€ |
| 147 | Most Company03014959 · Transport & logistics | <0.1% | 128,970€ | +18.1% | 2,836€ | 2.2% | 2 | 2,211€ |
| 148 | Fiducia03174611 · Transport & logistics | <0.1% | 128,437€ | -30.4% | 8,577€ | 6.7% | 1 | 678€ |
| 149 | River02639190 · Hospitality | <0.1% | 123,962€ | -10.7% | 2,900€ | 2.3% | 3 | 1,504€ |
| 150 | Inveraqua02778114 · Trade | <0.1% | 123,885€ | +35.4% | 9,439€ | 7.6% | 1 | 3,215€ |