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 51–100 of 223
* 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 | Vitaminka02672766 · Trade | 0.4% | 184,811€ | +41.1% | -3,709€ | -2.0% | 2 | 483€ |
| 52 | Eldorado In02972999 · Transport & logistics | 0.3% | 183,821€ | +7.2% | 1,406€ | 0.8% | 9 | 833€ |
| 53 | MNK-Janković03283585 · Construction | 0.3% | 183,522€ | -15.9% | 441€ | 0.2% | 4 | 771€ |
| 54 | Vivo Co03138887 · Hospitality | 0.3% | 175,138€ | -43.4% | 1,423€ | 0.8% | 9 | 523€ |
| 55 | Dado & Andjela02921065 · Trade | 0.3% | 173,899€ | -16.3% | 472€ | 0.3% | 3 | 674€ |
| 56 | Ana & CO.03078817 · Trade | 0.3% | 166,117€ | +20.8% | 8,294€ | 5.0% | 4 | 867€ |
| 57 | Marconi Sport03621782 · Administrative services | 0.3% | 155,093€ | +250.4% | 8,105€ | 5.2% | 3 | 1,776€ |
| 58 | Balkan Group02764431 · Hospitality | 0.3% | 151,199€ | +214.4% | 36,111€ | 23.9% | 6 | 716€ |
| 59 | Ideja - S02695723 · Manufacturing | 0.3% | 139,549€ | -48.3% | 94€ | 0.1% | 11 | 544€ |
| 60 | Vujisić02909740 · Trade | 0.3% | 138,722€ | +63.6% | -19,059€ | -13.7% | 3 | 553€ |
| 61 | Vila Jelka02349752 · Administrative services | 0.3% | 138,507€ | -10.9% | 4,330€ | 3.1% | 1 | 1,338€ |
| 62 | Vujisić Company02665409 · Manufacturing | 0.3% | 135,395€ | -11.4% | 182€ | 0.1% | 7 | 678€ |
| 63 | Struja Montenegro03193705 · Construction | 0.3% | 134,451€ | +80.3% | 19,733€ | 14.7% | 1 | 1,484€ |
| 64 | Veterinarska Ambulanta DR Saša Drljević03022528 · Professional services | 0.2% | 121,096€ | -9.9% | 4,839€ | 4.0% | 4 | 921€ |
| 65 | Kolgejt02056534 · Trade | 0.2% | 120,585€ | +8.9% | 1,464€ | 1.2% | 2 | 874€ |
| 66 | Kolašin Energy02965496 · Agriculture | 0.2% | 117,794€ | +27.4% | -93,868€ | -79.7% | 6 | 583€ |
| 67 | MK Construction03625150 · Construction | 0.2% | 111,699€ | +18.0% | 31,238€ | 28.0% | 1 | 598€ |
| 68 | Power Ab - Group03001652 · Energy, water & waste | 0.2% | 110,832€ | +3.8% | 34,369€ | 31.0% | 1 | 1,698€ |
| 69 | KL Group02908727 · Administrative services | 0.2% | 106,775€ | +1.9% | 26,321€ | 24.7% | 2 | 1,199€ |
| 70 | Moračka Riznica03305350 · Manufacturing | 0.2% | 105,034€ | +14.0% | 3,150€ | 3.0% | 1 | 1,912€ |
| 71 | Stil Company02756722 · Trade | 0.2% | 102,485€ | +4.8% | 299€ | 0.3% | 3 | 674€ |
| 72 | Skrbuša02716658 · Hospitality | 0.2% | 101,162€ | +15.0% | 3,752€ | 3.7% | 4 | 731€ |
| 73 | Lancer02077191 · Manufacturing | 0.2% | 100,683€ | +861.3% | 7,670€ | 7.6% | 3 | 688€ |
| 74 | Petrol Kolašin03043738 · Trade | 0.2% | 98,918€ | +10.6% | 6,093€ | 6.2% | 8 | 851€ |
| 75 | Ngu03676404 · Trade | 0.2% | 93,338€ | +356.2% | -1,253€ | -1.3% | 1 | 5,935€ |
| 76 | Deepmark03624447 · Technology | 0.2% | 90,000€ | +145.8% | 8,827€ | 9.8% | 1 | 1,136€ |
| 77 | Dašad02625571 · Manufacturing | 0.2% | 87,161€ | +8.1% | 1,319€ | 1.5% | 1 | 571€ |
| 78 | Sport Turist Mne03044289 · Administrative services | 0.2% | 86,921€ | -7.7% | -12,749€ | -14.7% | 6 | 502€ |
| 79 | MVP Klub03020347 · Hospitality | 0.2% | 85,898€ | +101.7% | -21,921€ | -25.5% | 3 | 813€ |
| 80 | Zenit Max03355624 · Real estate | 0.2% | 84,817€ | -20.1% | 4,978€ | 5.9% | 1 | 593€ |
| 81 | Džesko DŽH03089657 · Manufacturing | 0.2% | 84,536€ | +62.3% | 189€ | 0.2% | 3 | 808€ |
| 82 | Lux Taxi02873834 · Transport & logistics | 0.2% | 80,359€ | +68.8% | 2,040€ | 2.5% | 5 | 427€ |
| 83 | In-Monte03074722 · Manufacturing | 0.1% | 78,909€ | +2.0% | -6,503€ | -8.2% | 1 | 339€ |
| 84 | Napoleon Montenegro03082059 · Hospitality | 0.1% | 75,564€ | +12.0% | -13,209€ | -17.5% | 2 | 763€ |
| 85 | DAJ.ME03130070 · Hospitality | 0.1% | 69,861€ | +20.3% | -18,189€ | -26.0% | 2 | 698€ |
| 86 | Gorska02437287 · Energy, water & waste | 0.1% | 67,321€ | +707.8% | -58,730€ | -87.2% | 2 | 2,457€ |
| 87 | Koliba JM03479323 · Hospitality | 0.1% | 64,860€ | +8.0% | -814€ | -1.3% | 3 | 775€ |
| 88 | 4K Solutions03551440 · Construction | 0.1% | 63,075€ | +582.5% | -7,700€ | -12.2% | 1 | 3,185€ |
| 89 | Zlatni do02205688 · Hospitality | 0.1% | 62,896€ | -1.6% | 150€ | 0.2% | 3 | 758€ |
| 90 | Pine Real Estate03579646 · Hospitality | 0.1% | 60,410€ | +333.5% | 13,521€ | 22.4% | 1 | 933€ |
| 91 | Maj02967120 · Hospitality | 0.1% | 59,811€ | +59.4% | 832€ | 1.4% | 2 | 354€ |
| 92 | Rnković03045951 · Energy, water & waste | 0.1% | 57,787€ | +164.1% | 31,690€ | 54.8% | 1 | — |
| 93 | Moki Cranes03255107 · Manufacturing | <0.1% | 51,730€ | +38.8% | 99€ | 0.2% | 3 | — |
| 94 | DMD Strahinja03175723 · Hospitality | <0.1% | 48,618€ | +9.2% | 759€ | 1.6% | 1 | 2,904€ |
| 95 | Sampas03716678 · Administrative services | <0.1% | 44,294€ | +668.6% | 10,210€ | 23.1% | 1 | 490€ |
| 96 | Heaven's Light02934680 · Administrative services | <0.1% | 41,195€ | +345.4% | 27,823€ | 67.5% | 1 | 675€ |
| 97 | Vlahović02870584 · Health & social care | <0.1% | 38,565€ | +3.0% | 5,291€ | 13.7% | 1 | 1,376€ |
| 98 | Bulatović-Trans Kop03377393 · Construction | <0.1% | 37,804€ | -12.7% | 396€ | 1.0% | 1 | 674€ |
| 99 | M Tali-Ja03032167 · Manufacturing | <0.1% | 37,520€ | -14.0% | -17,569€ | -46.8% | 3 | 833€ |
| 100 | Tour De Montenegro03620000 · Transport & logistics | <0.1% | 35,698€ | -2.4% | 689€ | 1.9% | 2 | 728€ |