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 50
* 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 | Ing Invest02258633 · Professional services | 1.0% | 3,913,350€ | +59.1% | 325,992€ | 8.3% | 75 | 1,812€ |
| 2 | Timing02684543 · Professional services | 0.6% | 2,114,971€ | -43.5% | 88,159€ | 4.2% | 33 | 1,588€ |
| 3 | Jawel Crna Gora02643375 · Professional services | 0.2% | 609,036€ | -30.1% | 36,678€ | 6.0% | 10 | 1,939€ |
| 4 | Vatrostop02732602 · Professional services | <0.1% | 356,026€ | +35.5% | 24,347€ | 6.8% | 5 | 1,313€ |
| 5 | Kalezić Co02389983 · Professional services | <0.1% | 264,577€ | -2.7% | 92,038€ | 34.8% | 2 | 1,068€ |
| 6 | Auto-Moto Danilovgrad02709597 · Professional services | <0.1% | 248,740€ | -37.5% | -44,551€ | -17.9% | 1 | 4,841€ |
| 7 | Jelen02103125 · Professional services | <0.1% | 241,954€ | +13.9% | 1,450€ | 0.6% | 3 | 776€ |
| 8 | Prima Vet02227886 · Professional services | <0.1% | 228,235€ | +7.1% | 27,494€ | 12.0% | 5 | 1,366€ |
| 9 | Eco Solar System03076385 · Professional services | <0.1% | 131,035€ | -14.6% | 57,972€ | 44.2% | 1 | 338€ |
| 10 | Auto Centar-Kalezić02692708 · Professional services | <0.1% | 121,871€ | -24.2% | -4,479€ | -3.7% | 2 | 540€ |
| 11 | SG Company02742250 · Professional services | <0.1% | 110,026€ | +26.5% | 23,380€ | 21.2% | 3 | 725€ |
| 12 | Intro Design Studio03035638 · Professional services | <0.1% | 94,733€ | +16.5% | 1,308€ | 1.4% | 3 | 1,238€ |
| 13 | Limit02368226 · Professional services | <0.1% | 90,511€ | +18.0% | 28,379€ | 31.4% | 4 | 856€ |
| 14 | Pro-Tok Inženjering03750531 · Professional services | <0.1% | 88,307€ | No filing for 2024. | 40,660€ | 46.0% | 2 | 1,808€ |
| 15 | Bring03707911 · Professional services | <0.1% | 86,306€ | +2,354.0% | 44,189€ | 51.2% | 2 | 1,053€ |
| 16 | Elektrotehnika03467198 · Professional services | <0.1% | 83,168€ | +136.9% | 4,279€ | 5.1% | 2 | 2,017€ |
| 17 | Etalon Geo Office03159949 · Professional services | <0.1% | 55,602€ | +14.2% | 3,652€ | 6.6% | 1 | 1,644€ |
| 18 | Moj Stil03327477 · Professional services | <0.1% | 48,294€ | +4,729.4% | 3,466€ | 7.2% | 5 | 710€ |
| 19 | Amv Provita02732564 · Professional services | <0.1% | 47,025€ | -8.3% | 157€ | 0.3% | 1 | 985€ |
| 20 | Cif - R02622033 · Professional services | <0.1% | 44,690€ | +438.4% | 31,686€ | 70.9% | 1 | — |
| 21 | Foxx Montenegro03675084 · Professional services | <0.1% | 44,625€ | +97.0% | 2,323€ | 5.2% | 2 | 963€ |
| 22 | MZ Expres03121755 · Professional services | <0.1% | 40,151€ | +4.0% | 4,205€ | 10.5% | 4 | 706€ |
| 23 | 26 Avgust03285260 · Professional services | <0.1% | 32,670€ | +64.8% | -3,075€ | -9.4% | 3 | 744€ |
| 24 | Milimilo Com03471110 · Professional services | <0.1% | 31,484€ | -26.6% | -10,231€ | -32.5% | 3 | 870€ |
| 25 | Geotačka03565050 · Professional services | <0.1% | 30,700€ | +182.9% | 17,935€ | 58.4% | 1 | 536€ |
| 26 | Studio Zi za02739674 · Professional services | <0.1% | 29,976€ | -3.4% | -1,446€ | -4.8% | 2 | 752€ |
| 27 | DMS Partners03415635 · Professional services | <0.1% | 29,180€ | +52.0% | 8,989€ | 30.8% | 1 | 1,136€ |
| 28 | Ak Consulting03706915 · Professional services | <0.1% | 28,197€ | +754.2% | 206€ | 0.7% | 2 | 1,015€ |
| 29 | Foto Studio Lipa02447428 · Professional services | <0.1% | 25,544€ | +25.8% | -771€ | -3.0% | 2 | 823€ |
| 30 | Rationale03419916 · Professional services | <0.1% | 22,147€ | -11.5% | 299€ | 1.4% | 1 | 1,652€ |
| 31 | Miramin02976137 · Professional services | <0.1% | 17,102€ | -20.7% | -6,454€ | -37.7% | 1 | 1,939€ |
| 32 | Pharmavision03778444 · Professional services | <0.1% | 14,463€ | No filing for 2024. | 8,151€ | 56.4% | 1 | 413€ |
| 33 | Inova Consulting Agency - Ica03147967 · Professional services | <0.1% | 12,143€ | +116.8% | -359€ | -3.0% | 1 | 920€ |
| 34 | Daa Boško03163881 · Professional services | <0.1% | 11,650€ | -7.3% | 4,550€ | 39.1% | 1 | 338€ |
| 35 | Peptar03459217 · Professional services | <0.1% | 11,455€ | +22.1% | 1,692€ | 14.8% | 1 | 677€ |
| 36 | Media Factory03336077 · Professional services | <0.1% | 9,375€ | -68.2% | -5,124€ | -54.7% | 2 | — |
| 37 | Izgarević02396386 · Professional services | <0.1% | 8,254€ | -29.4% | 157€ | 1.9% | 1 | 444€ |
| 38 | 365 Consult03751368 · Professional services | <0.1% | 8,213€ | No filing for 2024. | 2,509€ | 30.5% | 1 | 432€ |
| 39 | Optima Consulting03635341 · Professional services | <0.1% | 7,376€ | +79.8% | 961€ | 13.0% | 1 | 406€ |
| 40 | MR. Paunea02759624 · Professional services | <0.1% | 6,795€ | -72.2% | -197€ | -2.9% | 4 | — |
| 41 | Grijanje02135388 · Professional services | <0.1% | 6,428€ | -97.1% | -53,496€ | -832.2% | 1 | — |
| 42 | Georašo03252493 · Professional services | <0.1% | 5,292€ | +102.4% | 2,927€ | 55.3% | 1 | — |
| 43 | Ajr Foto03607160 · Professional services | <0.1% | 4,390€ | +26.8% | 499€ | 11.4% | 1 | — |
| 44 | Tijana Digital03763170 · Professional services | <0.1% | 3,850€ | No filing for 2024. | 236€ | 6.1% | 1 | — |
| 45 | Sapiora03731677 · Professional services | <0.1% | 3,200€ | No filing for 2024. | -4,794€ | -149.8% | 1 | 601€ |
| 46 | SB Digital03603652 · Professional services | <0.1% | 3,171€ | -65.9% | -8,636€ | -272.3% | 1 | — |
| 47 | One&Nine03140601 · Professional services | <0.1% | 3,118€ | -76.6% | -4,698€ | -150.7% | 1 | 339€ |
| 48 | Nova Science03711854 · Professional services | <0.1% | 2,000€ | +100.0% | -531€ | -26.6% | 1 | — |
| 49 | NG Accounting03732614 · Professional services | 0.0% | 0€ | No filing for 2024. | -1,789€ | — | 1 | — |
| 50 | Renter Centar03214141 · Professional services | 0.0% | 0€ | -100.0% | -3,733€ | — | 1 | 309€ |