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 301–350 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* |
|---|
| 301 | Brajović Group03716651 · Administrative services | <0.1% | 38,706€ | +48,282.5% | 7,298€ | 18.9% | 1 | — |
| 302 | Fid Elektro03650561 · Construction | <0.1% | 38,148€ | +108.5% | -11,701€ | -30.7% | 4 | 678€ |
| 303 | Pavić Mont03669351 · Manufacturing | <0.1% | 37,725€ | +208.5% | 2,018€ | 5.3% | 1 | 712€ |
| 304 | Joksi03657442 · Hospitality | <0.1% | 37,527€ | +85.4% | -4,243€ | -11.3% | 2 | 874€ |
| 305 | Vinarija Ražnatović03777227 · Manufacturing | <0.1% | 36,462€ | No filing for 2024. | 7,534€ | 20.7% | 1 | — |
| 306 | Minaz Company03221750 · Trade | <0.1% | 35,474€ | +11.1% | 839€ | 2.4% | 1 | 349€ |
| 307 | Gradjanska Inicijativa Sačuvajmo Sinjajevinu11059848 · Public & nonprofit | <0.1% | 34,462€ | +7.4% | 9,057€ | 26.3% | 1 | 1,233€ |
| 308 | New Project Company03731405 · Hospitality | <0.1% | 34,019€ | No filing for 2024. | -6,965€ | -20.5% | 2 | 593€ |
| 309 | Agrospedex03786889 · Transport & logistics | <0.1% | 33,814€ | No filing for 2024. | 7,004€ | 20.7% | 1 | 2,121€ |
| 310 | Graniti Antić03631788 · Manufacturing | <0.1% | 33,719€ | +168.2% | 472€ | 1.4% | 2 | 677€ |
| 311 | Timelapse Produkcija03463478 · Arts & entertainment | <0.1% | 33,268€ | +18.0% | 5,516€ | 16.6% | 1 | 983€ |
| 312 | Montel Klima03772926 · Construction | <0.1% | 32,893€ | No filing for 2024. | -12,556€ | -38.2% | 2 | 327€ |
| 313 | Naš Stan - Vaš Stan03394409 · Construction | <0.1% | 32,747€ | +171.2% | 0€ | 0.0% | 2 | 1,155€ |
| 314 | 26 Avgust03285260 · Professional services | <0.1% | 32,670€ | +64.8% | -3,075€ | -9.4% | 3 | 744€ |
| 315 | Zdravi Zubi - Kaluđerović02696959 · Health & social care | <0.1% | 32,463€ | -3.4% | 0€ | 0.0% | 2 | 1,149€ |
| 316 | Classic Travel DMC03543455 · Administrative services | <0.1% | 32,383€ | +86.2% | 11,660€ | 36.0% | 1 | 891€ |
| 317 | Mar - Mil Sat03072860 · Manufacturing | <0.1% | 32,373€ | +24.2% | -1,301€ | -4.0% | 1 | 675€ |
| 318 | Esbi Group03651576 · Personal services | <0.1% | 32,307€ | +118.3% | 1,065€ | 3.3% | 2 | 485€ |
| 319 | Trade Company03707466 · Trade | <0.1% | 32,298€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,051€ | 6.4% | 2 | 428€ |
| 320 | Candles B02904853 · Manufacturing | <0.1% | 31,844€ | -22.7% | -8,842€ | -27.8% | 1 | 1,447€ |
| 321 | Maradent03338088 · Health & social care | <0.1% | 31,774€ | +12.8% | 2,718€ | 8.6% | 2 | 834€ |
| 322 | Milimilo Com03471110 · Professional services | <0.1% | 31,484€ | -26.6% | -10,231€ | -32.5% | 3 | 870€ |
| 323 | Vip Kuća za Uljepšavanje03027198 · Personal services | <0.1% | 31,297€ | -8.5% | -17,944€ | -57.3% | 6 | 619€ |
| 324 | D&N Construct03757439 · Construction | <0.1% | 31,268€ | No filing for 2024. | -1,110€ | -3.5% | 1 | 1,855€ |
| 325 | Geotačka03565050 · Professional services | <0.1% | 30,700€ | +182.9% | 17,935€ | 58.4% | 1 | 536€ |
| 326 | Studio Zi za02739674 · Professional services | <0.1% | 29,976€ | -3.4% | -1,446€ | -4.8% | 2 | 752€ |
| 327 | Metal Dizajn03733726 · Manufacturing | <0.1% | 29,890€ | No filing for 2024. | -39,043€ | -130.6% | 4 | 1,091€ |
| 328 | Naša Stvar03381978 · Arts & entertainment | <0.1% | 29,882€ | +14.2% | 2,308€ | 7.7% | 2 | 507€ |
| 329 | Lin Company03455785 · Manufacturing | <0.1% | 29,494€ | -52.1% | -25,975€ | -88.1% | 2 | 906€ |
| 330 | Stari Studenac03253775 · Hospitality | <0.1% | 29,303€ | +36.0% | -22,498€ | -76.8% | 3 | 546€ |
| 331 | DMS Partners03415635 · Professional services | <0.1% | 29,180€ | +52.0% | 8,989€ | 30.8% | 1 | 1,136€ |
| 332 | Cvetamak Company03132536 · Manufacturing | <0.1% | 28,905€ | +29.5% | -2,728€ | -9.4% | 1 | 685€ |
| 333 | Aqua Režim03764818 · Construction | <0.1% | 28,783€ | No filing for 2024. | 674€ | 2.3% | 2 | 520€ |
| 334 | Vinarija Barović03680223 · Manufacturing | <0.1% | 28,726€ | +39.5% | 420€ | 1.5% | 2 | 586€ |
| 335 | Ak Consulting03706915 · Professional services | <0.1% | 28,197€ | +754.2% | 206€ | 0.7% | 2 | 1,015€ |
| 336 | Stetex Copmany02774356 · Manufacturing | <0.1% | 27,165€ | +12.0% | 1,893€ | 7.0% | 2 | 677€ |
| 337 | Zotović02225069 · Health & social care | <0.1% | 27,135€ | +3.9% | 137€ | 0.5% | 3 | 571€ |
| 338 | Infotrust03763358 · Technology | <0.1% | 27,119€ | No filing for 2024. | 8,585€ | 31.7% | 1 | 1,074€ |
| 339 | Skela Group03668002 · Construction | <0.1% | 27,067€ | +46.5% | -542€ | -2.0% | 1 | 865€ |
| 340 | Ćalić Company03532283 · Trade | <0.1% | 26,741€ | +43.2% | -5,752€ | -21.5% | 1 | 802€ |
| 341 | BS Plast Company03387356 · Manufacturing | <0.1% | 25,959€ | +129.1% | -9,088€ | -35.0% | 1 | 464€ |
| 342 | Kimpija03408973 · Manufacturing | <0.1% | 25,950€ | +270.7% | 2,198€ | 8.5% | 1 | 1,750€ |
| 343 | Foto Studio Lipa02447428 · Professional services | <0.1% | 25,544€ | +25.8% | -771€ | -3.0% | 2 | 823€ |
| 344 | Limmont03682439 · Construction | <0.1% | 25,254€ | +76.5% | 2,781€ | 11.0% | 1 | 675€ |
| 345 | Welder Mont03553400 · Construction | <0.1% | 24,820€ | -40.9% | 36€ | 0.1% | 1 | 767€ |
| 346 | Gaga Studio03703517 · Personal services | <0.1% | 24,495€ | +886.9% | 60€ | 0.2% | 7 | — |
| 347 | CG Mep03725618 · Construction | <0.1% | 24,287€ | No filing for 2024. | 3,543€ | 14.6% | 2 | — |
| 348 | Revival-Travel02701804 · Transport & logistics | <0.1% | 24,033€ | +14.6% | 1,773€ | 7.4% | 1 | 452€ |
| 349 | Leon L.S.A.03309312 · Personal services | <0.1% | 23,944€ | +27.1% | 606€ | 2.5% | 2 | 728€ |
| 350 | Modni Studio Sneža03346021 · Personal services | <0.1% | 23,849€ | +75.4% | 1,270€ | 5.3% | 2 | 593€ |