Revenue
2.2% of Montenegro's revenue
554 companies earned 383.48m€ in 2025, 2.2% of all company revenue in Montenegro. It ranks 9 of 25 municipalities by revenue. Revenue has grown 2.6× since 2015.
2.2% of Montenegro's revenue
29.8 per 1,000 residents · Montenegro 57.3
Largest employer: Nemesis (285)
Total profit: 21.31m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 149,155,529€ | 268 |
| 2016 | 149,310,616€ | 274 |
| 2017 | 179,234,679€ | 313 |
| 2018 | 205,232,468€ | 346 |
| 2019 | 223,282,200€ | 381 |
| 2020 | 205,389,027€ | 413 |
| 2021 | 205,457,300€ | 442 |
| 2022 | 256,028,736€ | 462 |
| 2023 | 288,977,440€ | 485 |
| 2024 | 332,996,004€ | 531 |
| 2025 (Preliminary) | 383,475,768€ | 554 |
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
Ranked by total revenue · Showing 51–100 of 103
* 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 | Ssgstyle03217060 · Manufacturing | <0.1% | 65,512€ | -24.6% | 9,943€ | 15.2% | 2 | 633€ |
| 52 | Kalestone03285545 · Manufacturing | <0.1% | 65,029€ | -45.8% | 76€ | 0.1% | 3 | 508€ |
| 53 | Kolundžić02173751 · Manufacturing | <0.1% | 62,302€ | +6.7% | 2,727€ | 4.4% | 2 | 675€ |
| 54 | Wine Concept03410986 · Manufacturing | <0.1% | 58,574€ | +3.8% | -6,663€ | -11.4% | 1 | 338€ |
| 55 | Tim Kran03669254 · Manufacturing | <0.1% | 58,163€ | +101.2% | 15,208€ | 26.1% | 1 | 782€ |
| 56 | Mirror DG03285766 · Manufacturing | <0.1% | 56,354€ | -14.6% | 1,770€ | 3.1% | 1 | 677€ |
| 57 | Art Steel Design03385914 · Manufacturing | <0.1% | 55,152€ | -8.7% | 10,776€ | 19.5% | 1 | 1,198€ |
| 58 | Jeligo Invest Company03123332 · Manufacturing | <0.1% | 54,367€ | +202.1% | -22,661€ | -41.7% | 4 | 674€ |
| 59 | Pavić Mont03669351 · Manufacturing | <0.1% | 37,725€ | +208.5% | 2,018€ | 5.3% | 1 | 712€ |
| 60 | Vinarija Ražnatović03777227 · Manufacturing | <0.1% | 36,462€ | No filing for 2024. | 7,534€ | 20.7% | 1 | — |
| 61 | Graniti Antić03631788 · Manufacturing | <0.1% | 33,719€ | +168.2% | 472€ | 1.4% | 2 | 677€ |
| 62 | Mar - Mil Sat03072860 · Manufacturing | <0.1% | 32,373€ | +24.2% | -1,301€ | -4.0% | 1 | 675€ |
| 63 | Candles B02904853 · Manufacturing | <0.1% | 31,844€ | -22.7% | -8,842€ | -27.8% | 1 | 1,447€ |
| 64 | Metal Dizajn03733726 · Manufacturing | <0.1% | 29,890€ | No filing for 2024. | -39,043€ | -130.6% | 4 | 1,091€ |
| 65 | Lin Company03455785 · Manufacturing | <0.1% | 29,494€ | -52.1% | -25,975€ | -88.1% | 2 | 906€ |
| 66 | Cvetamak Company03132536 · Manufacturing | <0.1% | 28,905€ | +29.5% | -2,728€ | -9.4% | 1 | 685€ |
| 67 | Vinarija Barović03680223 · Manufacturing | <0.1% | 28,726€ | +39.5% | 420€ | 1.5% | 2 | 586€ |
| 68 | Stetex Copmany02774356 · Manufacturing | <0.1% | 27,165€ | +12.0% | 1,893€ | 7.0% | 2 | 677€ |
| 69 | BS Plast Company03387356 · Manufacturing | <0.1% | 25,959€ | +129.1% | -9,088€ | -35.0% | 1 | 464€ |
| 70 | Kimpija03408973 · Manufacturing | <0.1% | 25,950€ | +270.7% | 2,198€ | 8.5% | 1 | 1,750€ |
| 71 | Montehum03388948 · Manufacturing | <0.1% | 23,783€ | +54.2% | 766€ | 3.2% | 1 | 1,640€ |
| 72 | Granit Sistem Inžinjering02389452 · Manufacturing | <0.1% | 23,268€ | -62.9% | -6,561€ | -28.2% | 1 | 674€ |
| 73 | Monte Kov03402371 · Manufacturing | <0.1% | 23,048€ | +229.3% | 2,903€ | 12.6% | 1 | 678€ |
| 74 | Sokovi Kovačević03627314 · Manufacturing | <0.1% | 21,744€ | +160.3% | 970€ | 4.5% | 1 | — |
| 75 | Natronka02196948 · Manufacturing | <0.1% | 18,758€ | +7.1% | 199€ | 1.1% | 1 | 675€ |
| 76 | SPM Company03542548 · Manufacturing | <0.1% | 18,246€ | -22.4% | -15,562€ | -85.3% | 1 | 703€ |
| 77 | Stane Company03335615 · Manufacturing | <0.1% | 16,621€ | -21.1% | -5,450€ | -32.8% | 1 | 929€ |
| 78 | Heming02078970 · Manufacturing | <0.1% | 15,296€ | +342.8% | 3,652€ | 23.9% | 1 | 508€ |
| 79 | Pin Tim03741567 · Manufacturing | <0.1% | 15,180€ | No filing for 2024. | 2,739€ | 18.0% | 1 | 763€ |
| 80 | Terapot CG03722805 · Manufacturing | <0.1% | 13,107€ | No filing for 2024. | -9,511€ | -72.6% | 1 | 578€ |
| 81 | Radonjic Craft03693759 · Manufacturing | <0.1% | 9,046€ | +194.7% | 266€ | 2.9% | 1 | — |
| 82 | Bers Line03431690 · Manufacturing | <0.1% | 8,220€ | -21.9% | 19€ | 0.2% | 1 | 675€ |
| 83 | Akam03594998 · Manufacturing | <0.1% | 6,800€ | -12.2% | -1,335€ | -19.6% | 1 | 675€ |
| 84 | Mne Decor03739287 · Manufacturing | <0.1% | 6,420€ | No filing for 2024. | 19€ | 0.3% | 1 | 506€ |
| 85 | Monte Art03078051 · Manufacturing | <0.1% | 5,547€ | -53.8% | -8,611€ | -155.2% | 2 | 513€ |
| 86 | Marijela Design03418120 · Manufacturing | <0.1% | 5,382€ | -6.2% | 715€ | 13.3% | 1 | 338€ |
| 87 | Čakarević02312093 · Manufacturing | <0.1% | 3,681€ | -80.3% | -21,331€ | -579.5% | 1 | — |
| 88 | Tim-B03792544 · Manufacturing | <0.1% | 1,340€ | No filing for 2024. | -1,276€ | -95.2% | 1 | — |
| 89 | Buster Montenegro03659453 · Manufacturing | <0.1% | 1,187€ | -73.2% | -1,600€ | -134.8% | 1 | — |
| 90 | Spuško Pivo03629856 · Manufacturing | <0.1% | 351€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,317€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 338€ |
| 91 | Eviana03521001 · Manufacturing | <0.1% | 1€ | -100.0% | -37,292€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 930€ |
| 92 | Alchem Technology03778797 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -4,164€ | — | 1 | — |
| 93 | Eco Stone03521877 · Manufacturing | 0.0% | 0€ | -100.0% | -78,580€ | — | 2 | 3,151€ |
| 94 | Mondal Cement Industrija03103897 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,336€ | — | 1 | 611€ |
| 95 | Vindes03292673 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,039€ | — | 1 | — |
| 96 | Bela Stena03334686 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,115€ | — | 0 | — |
| 97 | MM - Kec02885158 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 98 | Dis Stone Commerce03401618 · Manufacturing | 0.0% | 0€ | -100.0% | -1,457€ | — | 1 | — |
| 99 | Ecotherm System02440032 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 100 | Velimirović Company International Velco02057638 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |