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 1–50 of 83
* 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 | Eurozox02711028 · Construction | 14.4% | 55,323,903€ | +40.7% | 1,845,407€ | 3.3% | 121 | 2,181€ |
| 2 | Gradnja-Promet02055635 · Construction | 1.4% | 5,189,967€ | +6.9% | 186,472€ | 3.6% | 48 | 1,373€ |
| 3 | Home Invest03241904 · Construction | 1.0% | 4,000,575€ | +111.1% | 1,605,906€ | 40.1% | 1 | 1,856€ |
| 4 | Mezon02132419 · Construction | 0.9% | 3,571,293€ | -20.7% | 776,183€ | 21.7% | 35 | 1,080€ |
| 5 | Monting Gradnja03395049 · Construction | 0.5% | 1,961,436€ | +167.9% | 3,895€ | 0.2% | 8 | 1,029€ |
| 6 | Kroling02251841 · Construction | 0.3% | 1,140,868€ | -75.7% | 152,066€ | 13.3% | 5 | 2,435€ |
| 7 | Korming02777622 · Construction | 0.3% | 971,444€ | -29.3% | 158,883€ | 16.4% | 5 | 3,667€ |
| 8 | Hidroizolacioni Sistemi03238695 · Construction | 0.2% | 846,417€ | -31.5% | 77,420€ | 9.1% | 9 | 1,487€ |
| 9 | Toroagro02622211 · Construction | 0.2% | 806,980€ | -34.3% | 46,936€ | 5.8% | 16 | 840€ |
| 10 | MET&ALU Plast03003833 · Construction | 0.2% | 741,388€ | +238.0% | 60,595€ | 8.2% | 7 | 1,116€ |
| 11 | Zaštita Prostora Crne Gore03319911 · Construction | 0.2% | 715,535€ | +1.2% | 4,817€ | 0.7% | 23 | 1,637€ |
| 12 | Terming-Danilovgrad03484327 · Construction | 0.2% | 610,641€ | +61.0% | 4,499€ | 0.7% | 5 | 794€ |
| 13 | Eurogradnja Mne03598250 · Construction | 0.1% | 569,469€ | +38.8% | 90,874€ | 16.0% | 10 | 1,324€ |
| 14 | Vodoinstalater Akvaplus03214869 · Construction | 0.1% | 558,959€ | +197.5% | 12,735€ | 2.3% | 4 | 587€ |
| 15 | Caković Company03080161 · Construction | 0.1% | 506,680€ | +152.7% | 26,160€ | 5.2% | 7 | 715€ |
| 16 | MVR03082474 · Construction | 0.1% | 439,671€ | -42.5% | 6,499€ | 1.5% | 9 | 887€ |
| 17 | Nautilus Pažići02815591 · Construction | 0.1% | 419,797€ | -10.6% | 23,862€ | 5.7% | 13 | 716€ |
| 18 | Iems02914280 · Construction | <0.1% | 372,167€ | -16.0% | 103,608€ | 27.8% | 5 | 3,378€ |
| 19 | VKM Solution Crna Gora03336905 · Construction | <0.1% | 297,469€ | +87.6% | 58,639€ | 19.7% | 3 | 1,361€ |
| 20 | M&N Gips Enterijeri03296628 · Construction | <0.1% | 227,693€ | +43.2% | 40,415€ | 17.7% | 5 | 1,140€ |
| 21 | Ddam Inženjering03057607 · Construction | <0.1% | 201,603€ | -23.0% | 7,604€ | 3.8% | 6 | 1,093€ |
| 22 | Hiperion Mne03729940 · Construction | <0.1% | 200,005€ | No filing for 2024. | 6,208€ | 3.1% | 2 | 1,100€ |
| 23 | Cuca Mont03180611 · Construction | <0.1% | 189,120€ | -15.0% | 11,657€ | 6.2% | 1 | 928€ |
| 24 | Dristex03327094 · Construction | <0.1% | 159,105€ | -26.1% | 1,587€ | 1.0% | 6 | 1,761€ |
| 25 | Smart Invest Mne03409198 · Construction | <0.1% | 158,535€ | -66.6% | 4,375€ | 2.8% | 8 | 899€ |
| 26 | NSM Invest Company03677958 · Construction | <0.1% | 149,779€ | +344.3% | 645€ | 0.4% | 3 | 1,044€ |
| 27 | Terakop Co02656442 · Construction | <0.1% | 149,476€ | +34.2% | -9,884€ | -6.6% | 2 | 677€ |
| 28 | Rovčanin Elektro03179346 · Construction | <0.1% | 145,331€ | -31.9% | 8,107€ | 5.6% | 5 | 878€ |
| 29 | Lončar Company02722763 · Construction | <0.1% | 143,344€ | -4.2% | -9,830€ | -6.9% | 3 | 476€ |
| 30 | Garant Mont02769751 · Construction | <0.1% | 136,888€ | +118.2% | 4,728€ | 3.5% | 3 | 655€ |
| 31 | Vidić Ž&B03518680 · Construction | <0.1% | 127,504€ | +23.5% | -51,440€ | -40.3% | 8 | 806€ |
| 32 | Dankop Company03162087 · Construction | <0.1% | 126,103€ | -4.5% | 14,190€ | 11.3% | 1 | — |
| 33 | Korijen Tim03737080 · Construction | <0.1% | 125,655€ | No filing for 2024. | 69,606€ | 55.4% | 1 | 619€ |
| 34 | BB Klime03296172 · Construction | <0.1% | 120,322€ | -9.0% | 20,036€ | 16.7% | 1 | — |
| 35 | N&M Caković03232581 · Construction | <0.1% | 116,465€ | -18.9% | 5,243€ | 4.5% | 2 | 657€ |
| 36 | Tomašević02736187 · Construction | <0.1% | 115,278€ | -35.0% | 2,978€ | 2.6% | 4 | 704€ |
| 37 | Elmaco03687546 · Construction | <0.1% | 114,908€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -45,025€ | -39.2% | 10 | 1,104€ |
| 38 | Energonet03418430 · Construction | <0.1% | 111,105€ | -32.1% | 1,067€ | 1.0% | 6 | 821€ |
| 39 | Tat Engineering03316602 · Construction | <0.1% | 93,849€ | -2.8% | 4,030€ | 4.3% | 2 | — |
| 40 | Winner Elektro03154653 · Construction | <0.1% | 83,483€ | +7.8% | 12,607€ | 15.1% | 3 | 835€ |
| 41 | Šćepanović Cop Trans03765377 · Construction | <0.1% | 80,537€ | No filing for 2024. | 3,454€ | 4.3% | 1 | — |
| 42 | KDK Immobilien Bau03649709 · Construction | <0.1% | 78,373€ | +60.1% | 58,980€ | 75.3% | 1 | 462€ |
| 43 | BK Group03665801 · Construction | <0.1% | 70,628€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -134,373€ | -190.3% | 16 | 718€ |
| 44 | Kist Ton02393565 · Construction | <0.1% | 70,124€ | +71.3% | 1,831€ | 2.6% | 4 | 613€ |
| 45 | Voda Majstori03526372 · Construction | <0.1% | 68,661€ | +735.3% | 10,772€ | 15.7% | 2 | 1,005€ |
| 46 | Danmin Company03627683 · Construction | <0.1% | 67,116€ | +91.0% | 1,103€ | 1.6% | 3 | 393€ |
| 47 | Zeko-Elektro03681840 · Construction | <0.1% | 64,704€ | +445.0% | -3,275€ | -5.1% | 1 | 5,645€ |
| 48 | M Plus Comerc03326462 · Construction | <0.1% | 64,076€ | -0.3% | -15,712€ | -24.5% | 3 | 638€ |
| 49 | Elektro Radar03725219 · Construction | <0.1% | 62,834€ | No filing for 2024. | -3,023€ | -4.8% | 1 | 972€ |
| 50 | Plafoni 21 Veka03149463 · Construction | <0.1% | 49,255€ | +11.0% | 7,360€ | 14.9% | 3 | 564€ |