Revenue
0.3% of Montenegro's revenue
223 companies earned 52.61m€ in 2025, 0.3% of all company revenue in Montenegro. It ranks 17 of 25 municipalities by revenue. Revenue has grown 4.2× since 2015.
0.3% of Montenegro's revenue
33.3 per 1,000 residents · Montenegro 57.3
Largest employer: Water Group (82)
Total profit: -1.47m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 12,396,109€ | 113 |
| 2016 | 13,293,493€ | 118 |
| 2017 | 18,210,775€ | 126 |
| 2018 | 21,925,264€ | 138 |
| 2019 | 25,829,285€ | 152 |
| 2020 | 23,023,993€ | 160 |
| 2021 | 28,442,594€ | 174 |
| 2022 | 39,154,634€ | 185 |
| 2023 | 46,175,233€ | 212 |
| 2024 | 45,899,299€ | 215 |
| 2025 (Preliminary) | 52,610,758€ | 223 |
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
Employees and payroll cost per employee per month*
Ranked by total revenue · Showing 1–14 of 14
* 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 | Viamont03110281 · Professional services | 1.6% | 844,521€ | +91.4% | 15,730€ | 1.9% | 9 | 1,011€ |
| 2 | Racio-Mont02461765 · Professional services | 0.7% | 349,840€ | +8.9% | 15,246€ | 4.4% | 7 | 1,748€ |
| 3 | Veterinarska Ambulanta DR Saša Drljević03022528 · Professional services | 0.2% | 121,096€ | -9.9% | 4,839€ | 4.0% | 4 | 921€ |
| 4 | Agencija Pet Pepa03288579 · Professional services | <0.1% | 19,574€ | +26.7% | 1,403€ | 7.2% | 3 | 446€ |
| 5 | Geo - Padež02726041 · Professional services | <0.1% | 16,972€ | +184.1% | 5,920€ | 34.9% | 1 | 678€ |
| 6 | Accounting Agency Five03214613 · Professional services | <0.1% | 15,600€ | -7.5% | -27€ | -0.2% | 3 | 366€ |
| 7 | Over the Hills03558690 · Professional services | <0.1% | 15,287€ | -19.3% | -3,979€ | -26.0% | 2 | 689€ |
| 8 | Alfa V02698315 · Professional services | <0.1% | 7,410€ | -16.0% | -895€ | -12.1% | 1 | 354€ |
| 9 | Agencija za Projektovanje i Planiranje Prostora03799433 · Professional services | <0.1% | 6,000€ | No filing for 2024. | 1,359€ | 22.7% | 1 | — |
| 10 | Vuković Company03247139 · Professional services | <0.1% | 6,000€ | -11.8% | 239€ | 4.0% | 1 | 425€ |
| 11 | Creed Consulting Group03498352 · Professional services | <0.1% | 1,986€ | -58.5% | -3,523€ | -177.4% | 1 | 367€ |
| 12 | Agencija za Računovodstvo Panteon Gold03389693 · Professional services | <0.1% | 1,400€ | -44.5% | -9,581€ | -684.4% | 1 | 779€ |
| 13 | Whitewater Developments Montenegro02451646 · Professional services | <0.1% | 4€ | 0.0% | -57,372€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 3,970€ |
| 14 | DDDDD03777707 · Professional services | 0.0% | 0€ | No filing for 2024. | -4,628€ | — | 1 | — |