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 554
* 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 | Monte Bianco02814455 · Manufacturing | 0.3% | 1,132,884€ | -6.1% | 32,480€ | 2.9% | 22 | 975€ |
| 52 | Simex Rev02999552 · Manufacturing | 0.3% | 1,059,627€ | +10.5% | 87,787€ | 8.3% | 14 | 761€ |
| 53 | Mercor03154718 · Trade | 0.3% | 1,038,953€ | +51.0% | 48,031€ | 4.6% | 16 | 1,045€ |
| 54 | Monteloko Rail03167470 · Transport & logistics | 0.3% | 1,035,317€ | +11.3% | 43,469€ | 4.2% | 1 | 1,001€ |
| 55 | Argons02379244 · Trade | 0.3% | 1,006,600€ | +8.6% | -14,509€ | -1.4% | 12 | 702€ |
| 56 | Korming02777622 · Construction | 0.3% | 971,444€ | -29.3% | 158,883€ | 16.4% | 5 | 3,667€ |
| 57 | Zip02081059 · Manufacturing | 0.2% | 918,237€ | -3.9% | 79,726€ | 8.7% | 10 | 1,456€ |
| 58 | DSM Company02881349 · Trade | 0.2% | 889,770€ | +13.6% | 44,805€ | 5.0% | 9 | 1,267€ |
| 59 | Am Premium Company03171418 · Trade | 0.2% | 889,339€ | +2.9% | 37,542€ | 4.2% | 4 | 729€ |
| 60 | Hidroizolacioni Sistemi03238695 · Construction | 0.2% | 846,417€ | -31.5% | 77,420€ | 9.1% | 9 | 1,487€ |
| 61 | Toroagro02622211 · Construction | 0.2% | 806,980€ | -34.3% | 46,936€ | 5.8% | 16 | 840€ |
| 62 | Nav02805871 · Hospitality | 0.2% | 790,277€ | +1.7% | 100,842€ | 12.8% | 20 | 626€ |
| 63 | Iris Trgovina02951924 · Trade | 0.2% | 787,242€ | +4.6% | 20,204€ | 2.6% | 6 | 963€ |
| 64 | Trans Master03364330 · Transport & logistics | 0.2% | 782,637€ | +72.0% | 53,670€ | 6.9% | 8 | 2,152€ |
| 65 | Fru Monte03047318 · Manufacturing | 0.2% | 771,439€ | +24.4% | 164,001€ | 21.3% | 11 | 795€ |
| 66 | Pajbar Sistem03119386 · Hospitality | 0.2% | 755,304€ | +54.0% | 44,685€ | 5.9% | 9 | 675€ |
| 67 | MET&ALU Plast03003833 · Construction | 0.2% | 741,388€ | +238.0% | 60,595€ | 8.2% | 7 | 1,116€ |
| 68 | Velko03069800 · Manufacturing | 0.2% | 736,830€ | +19.6% | 3,601€ | 0.5% | 14 | 723€ |
| 69 | Zaštita Prostora Crne Gore03319911 · Construction | 0.2% | 715,535€ | +1.2% | 4,817€ | 0.7% | 23 | 1,637€ |
| 70 | Bralex02285916 · Trade | 0.2% | 668,460€ | -24.7% | -3,390€ | -0.5% | 7 | 716€ |
| 71 | Anipeks Trade03244733 · Trade | 0.2% | 653,110€ | +2.8% | -17,286€ | -2.6% | 2 | 438€ |
| 72 | Dangradprevoz-Keković02214326 · Transport & logistics | 0.2% | 650,031€ | +4.1% | 84,828€ | 13.0% | 14 | 703€ |
| 73 | Društvo za Promet Roba i Usluga Proheko Group03303233 · Trade | 0.2% | 640,928€ | +14.6% | 10,853€ | 1.7% | 10 | 1,019€ |
| 74 | Java Mne03245420 · Manufacturing | 0.2% | 637,230€ | +8.2% | 44,715€ | 7.0% | 4 | 1,382€ |
| 75 | Kuća Meda02953056 · Agriculture | 0.2% | 619,814€ | +1.8% | 11,481€ | 1.9% | 4 | 1,256€ |
| 76 | Terming-Danilovgrad03484327 · Construction | 0.2% | 610,641€ | +61.0% | 4,499€ | 0.7% | 5 | 794€ |
| 77 | Jawel Crna Gora02643375 · Professional services | 0.2% | 609,036€ | -30.1% | 36,678€ | 6.0% | 10 | 1,939€ |
| 78 | Eurogradnja Mne03598250 · Construction | 0.1% | 569,469€ | +38.8% | 90,874€ | 16.0% | 10 | 1,324€ |
| 79 | Kemoimpex Montenegro03370127 · Trade | 0.1% | 567,981€ | +178.9% | -93€ | -0.0% | 1 | 2,160€ |
| 80 | Vodoinstalater Akvaplus03214869 · Construction | 0.1% | 558,959€ | +197.5% | 12,735€ | 2.3% | 4 | 587€ |
| 81 | Family and Friends03605647 · Technology | 0.1% | 540,000€ | +25.0% | 447,254€ | 82.8% | 4 | 947€ |
| 82 | Leader Kids03222080 · Trade | 0.1% | 519,909€ | -6.4% | -51,761€ | -10.0% | 10 | 857€ |
| 83 | Auto Centar Spuž03290719 · Hospitality | 0.1% | 518,860€ | +24.1% | 18,779€ | 3.6% | 15 | 955€ |
| 84 | S T E F A N i 9102126427 · Manufacturing | 0.1% | 513,402€ | -0.8% | 31,126€ | 6.1% | 14 | 697€ |
| 85 | Caković Company03080161 · Construction | 0.1% | 506,680€ | +152.7% | 26,160€ | 5.2% | 7 | 715€ |
| 86 | Zora Team03322998 · Trade | 0.1% | 498,432€ | +22.1% | 78,688€ | 15.8% | 9 | 867€ |
| 87 | M5 Company03152499 · Energy, water & waste | 0.1% | 490,766€ | +29.5% | 131,512€ | 26.8% | 6 | 1,241€ |
| 88 | Euro Stars02650991 · Transport & logistics | 0.1% | 481,964€ | +13.9% | 37,369€ | 7.8% | 6 | 1,652€ |
| 89 | Bancop02865572 · Transport & logistics | 0.1% | 476,090€ | -10.5% | 38,375€ | 8.1% | 5 | 1,759€ |
| 90 | Obala Trade02966808 · Hospitality | 0.1% | 465,560€ | +24.1% | 23,456€ | 5.0% | 6 | 587€ |
| 91 | SMS Trgovina03666077 · Trade | 0.1% | 462,675€ | +208.9% | 45,991€ | 9.9% | 5 | 566€ |
| 92 | Tehno03142809 · Trade | 0.1% | 458,265€ | -15.2% | 76,706€ | 16.7% | 9 | 741€ |
| 93 | Fleš Trade03142817 · Trade | 0.1% | 456,981€ | +18.1% | 13,905€ | 3.0% | 2 | 668€ |
| 94 | Eco Eggs03151930 · Agriculture | 0.1% | 449,443€ | +17.3% | 71,960€ | 16.0% | 2 | 943€ |
| 95 | MVR03082474 · Construction | 0.1% | 439,671€ | -42.5% | 6,499€ | 1.5% | 9 | 887€ |
| 96 | NBD Trade03393992 · Trade | 0.1% | 432,784€ | +6.1% | 34,768€ | 8.0% | 4 | 924€ |
| 97 | MP Jadran02664828 · Trade | 0.1% | 428,158€ | +2.6% | -37,744€ | -8.8% | 10 | 1,063€ |
| 98 | Nautilus Pažići02815591 · Construction | 0.1% | 419,797€ | -10.6% | 23,862€ | 5.7% | 13 | 716€ |
| 99 | Oluk Crna Gora02849925 · Trade | 0.1% | 416,204€ | -12.3% | 53,497€ | 12.9% | 3 | 1,777€ |
| 100 | Belli B&D Company03340791 · Trade | 0.1% | 407,258€ | +31.6% | 33,796€ | 8.3% | 1 | 1,054€ |