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 1–50 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* |
|---|
| 1 | Martex02124629 · Manufacturing | 5.9% | 12,458,499€ | -9.8% | 87,117€ | 0.7% | 44 | 912€ |
| 2 | Mediteranea02619784 · Manufacturing | 2.9% | 6,171,336€ | -3.5% | 428,453€ | 6.9% | 18 | 783€ |
| 3 | Nani-Prom02445964 · Manufacturing | 2.4% | 5,088,366€ | -11.4% | 135,447€ | 2.7% | 20 | 1,012€ |
| 4 | Montstate02121581 · Manufacturing | 1.9% | 4,002,928€ | -15.5% | 77,148€ | 1.9% | 15 | 929€ |
| 5 | Interproduct02272652 · Manufacturing | 1.7% | 3,515,811€ | +1.3% | 121,371€ | 3.5% | 14 | 1,073€ |
| 6 | Mianja02365987 · Manufacturing | 1.2% | 2,434,446€ | +9.1% | 106,226€ | 4.4% | 27 | 906€ |
| 7 | Turo02688964 · Manufacturing | 1.0% | 2,119,882€ | +5.9% | 65,529€ | 3.1% | 15 | 1,049€ |
| 8 | SNJ Gornič02268132 · Manufacturing | 0.9% | 1,871,858€ | +59.7% | 294,584€ | 15.7% | 14 | 1,054€ |
| 9 | Obod02004704 · Manufacturing | 0.5% | 1,097,410€ | +22.4% | 174,487€ | 15.9% | 18 | 1,162€ |
| 10 | Katunjanka02313782 · Manufacturing | 0.4% | 923,352€ | +17.2% | 28,772€ | 3.1% | 10 | 991€ |
| 11 | Baget CT03272915 · Manufacturing | 0.3% | 699,798€ | +10.2% | 14,846€ | 2.1% | 25 | 821€ |
| 12 | Eurogum02365383 · Manufacturing | 0.3% | 531,786€ | +9.3% | -128,003€ | -24.1% | 6 | 641€ |
| 13 | Ratković-Alfa02325608 · Manufacturing | 0.2% | 516,665€ | +49.9% | 11,640€ | 2.3% | 3 | 762€ |
| 14 | Meat Group03136728 · Manufacturing | 0.2% | 448,782€ | +4.2% | 63,999€ | 14.3% | 3 | 3,800€ |
| 15 | Pahmont02310139 · Manufacturing | 0.2% | 438,630€ | -18.5% | -4,170€ | -1.0% | 2 | 1,005€ |
| 16 | Hajdana02730626 · Manufacturing | 0.2% | 400,281€ | +33.4% | 4,001€ | 1.0% | 7 | 670€ |
| 17 | Top-Form03356507 · Manufacturing | 0.2% | 345,398€ | +36.6% | 107,384€ | 31.1% | 2 | 493€ |
| 18 | Drvoart Kompani02364255 · Manufacturing | 0.2% | 324,038€ | -16.7% | -43,881€ | -13.5% | 9 | 671€ |
| 19 | Mesara Vujović 190303180433 · Manufacturing | 0.1% | 295,971€ | +7.0% | 4,240€ | 1.4% | 3 | 678€ |
| 20 | Silex Promet02241820 · Manufacturing | 0.1% | 270,888€ | +25.4% | 37,766€ | 13.9% | 8 | 662€ |
| 21 | Marshalls Gelato Montenegro03281833 · Manufacturing | 0.1% | 250,015€ | +9.9% | 14,300€ | 5.7% | 3 | 1,433€ |
| 22 | Danex Product03589129 · Manufacturing | 0.1% | 232,134€ | +175.1% | 94,931€ | 40.9% | 1 | 1,528€ |
| 23 | Fine Arts02630729 · Manufacturing | 0.1% | 231,066€ | -1.4% | 12,094€ | 5.2% | 6 | 581€ |
| 24 | Ivpe02208091 · Manufacturing | 0.1% | 229,189€ | +1.7% | 653€ | 0.3% | 7 | 510€ |
| 25 | MM Ribarstvo03053580 · Manufacturing | 0.1% | 221,188€ | +25.7% | 17,120€ | 7.7% | 1 | 825€ |
| 26 | D.D.R. Comerce02275775 · Manufacturing | 0.1% | 215,767€ | -8.8% | 7,734€ | 3.6% | 3 | — |
| 27 | Miamar02866382 · Manufacturing | <0.1% | 184,025€ | +7.3% | 5,672€ | 3.1% | 2 | 675€ |
| 28 | Zora Group03277852 · Manufacturing | <0.1% | 178,786€ | +84.6% | 11,815€ | 6.6% | 3 | 532€ |
| 29 | Sirara Vulaš02864657 · Manufacturing | <0.1% | 177,707€ | -4.3% | 642€ | 0.4% | 5 | 620€ |
| 30 | Ravil02681005 · Manufacturing | <0.1% | 116,216€ | -32.0% | -18,134€ | -15.6% | 1 | 611€ |
| 31 | D&D Kadija03067050 · Manufacturing | <0.1% | 115,831€ | +7.2% | 3,458€ | 3.0% | 3 | 1,030€ |
| 32 | Zomi02371863 · Manufacturing | <0.1% | 114,519€ | +2.8% | 1,092€ | 1.0% | 2 | 496€ |
| 33 | Premium Food02884453 · Manufacturing | <0.1% | 99,225€ | +5.4% | 4,526€ | 4.6% | 1 | 2,635€ |
| 34 | CTC Lux03275850 · Manufacturing | <0.1% | 93,265€ | +35.4% | 1,211€ | 1.3% | 2 | 368€ |
| 35 | Polikapo03227049 · Manufacturing | <0.1% | 89,233€ | -1.5% | 17,167€ | 19.2% | 2 | 594€ |
| 36 | Perper - Denčić03391531 · Manufacturing | <0.1% | 82,552€ | -37.5% | 924€ | 1.1% | 2 | 903€ |
| 37 | Monte Art Tech03551245 · Manufacturing | <0.1% | 77,213€ | +12.9% | 45,683€ | 59.2% | 1 | 2,274€ |
| 38 | Milmarc Group02760240 · Manufacturing | <0.1% | 61,932€ | -30.5% | -6,466€ | -10.4% | 2 | 816€ |
| 39 | New Casper02456575 · Manufacturing | <0.1% | 60,970€ | -9.7% | 5,923€ | 9.7% | 2 | 459€ |
| 40 | Božja Voda02395789 · Manufacturing | <0.1% | 51,188€ | -8.2% | -520,047€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 3,869€ |
| 41 | Nba14703347290 · Manufacturing | <0.1% | 45,979€ | -36.2% | -692€ | -1.5% | 1 | 506€ |
| 42 | Viir02680521 · Manufacturing | <0.1% | 41,322€ | +48.7% | 1,859€ | 4.5% | 1 | — |
| 43 | Borilović Company02873869 · Manufacturing | <0.1% | 41,054€ | -48.0% | 992€ | 2.4% | 6 | — |
| 44 | Cicero Cet03149412 · Manufacturing | <0.1% | 38,229€ | -17.1% | -1,475€ | -3.9% | 1 | 558€ |
| 45 | Slice03413900 · Manufacturing | <0.1% | 35,772€ | No filing for 2024. | -2,915€ | -8.1% | 1 | 380€ |
| 46 | Dorijan & Darija03708462 · Manufacturing | <0.1% | 34,913€ | No filing for 2024. | -11,914€ | -34.1% | 2 | 695€ |
| 47 | Bulevar 102881144 · Manufacturing | <0.1% | 32,028€ | -10.3% | -12,737€ | -39.8% | 3 | 478€ |
| 48 | Metal Perišić03418456 · Manufacturing | <0.1% | 26,276€ | +2,627,500.0% | 3,742€ | 14.2% | 1 | 611€ |
| 49 | Art Plus & Co03306534 · Manufacturing | <0.1% | 25,986€ | +0.2% | 0€ | 0.0% | 1 | — |
| 50 | Vadent03357813 · Manufacturing | <0.1% | 24,881€ | -15.5% | 9,332€ | 37.5% | 1 | 1,068€ |