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 151–200 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* |
|---|
| 151 | Ski Škola Bjelasica03291456 · Education | <0.1% | 9,388€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,448€ | -79.3% | 2 | 395€ |
| 152 | Kolašin Bike & Ski Rental03706397 · Administrative services | <0.1% | 9,017€ | +817.3% | -770€ | -8.5% | 1 | 678€ |
| 153 | York Hotels & Resorts03086968 · Hospitality | <0.1% | 8,961€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -93,718€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 404€ |
| 154 | Počinak M. Morača03226239 · Hospitality | <0.1% | 8,498€ | +46.3% | -9,520€ | -112.0% | 2 | 507€ |
| 155 | Ravni Company03200663 · Agriculture | <0.1% | 8,215€ | -77.2% | -11,000€ | -133.9% | 1 | — |
| 156 | Go Adventure03741524 · Administrative services | <0.1% | 8,030€ | No filing for 2024. | 581€ | 7.2% | 1 | 531€ |
| 157 | Hills02807963 · Manufacturing | <0.1% | 7,907€ | -36.5% | -7,272€ | -92.0% | 1 | — |
| 158 | Top Invest KL03207447 · Real estate | <0.1% | 7,729€ | -79.4% | -17,257€ | -223.3% | 2 | 416€ |
| 159 | Radocar03719596 · Trade | <0.1% | 7,604€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,066€ | -27.2% | 1 | 675€ |
| 160 | Alfa V02698315 · Professional services | <0.1% | 7,410€ | -16.0% | -895€ | -12.1% | 1 | 354€ |
| 161 | Jednočlano02780151 · Transport & logistics | <0.1% | 7,162€ | -10.9% | -937€ | -13.1% | 1 | 666€ |
| 162 | JM&PP Group Co03265340 · Personal services | <0.1% | 6,858€ | +21.8% | -5,877€ | -85.7% | 1 | 678€ |
| 163 | Bjelasica Polar Fox03400344 · Administrative services | <0.1% | 6,410€ | +790.3% | -14,247€ | -222.3% | 2 | 701€ |
| 164 | Frizerski Salon B&M03309525 · Personal services | <0.1% | 6,240€ | +49.1% | -1,899€ | -30.4% | 1 | 676€ |
| 165 | KL Mobile03549232 · Trade | <0.1% | 6,225€ | -18.8% | -11,723€ | -188.3% | 2 | 678€ |
| 166 | Dona Bulatović03249336 · Trade | <0.1% | 6,198€ | -8.7% | -9,830€ | -158.6% | 1 | 729€ |
| 167 | Agencija za Projektovanje i Planiranje Prostora03799433 · Professional services | <0.1% | 6,000€ | No filing for 2024. | 1,359€ | 22.7% | 1 | — |
| 168 | Vuković Company03247139 · Professional services | <0.1% | 6,000€ | -11.8% | 239€ | 4.0% | 1 | 425€ |
| 169 | Mountain Trade03358305 · Trade | <0.1% | 5,876€ | -68.2% | 29€ | 0.5% | 2 | — |
| 170 | Mbline03139182 · Trade | <0.1% | 5,712€ | +42.9% | -5,359€ | -93.8% | 2 | 407€ |
| 171 | Vidikovac Tours02776774 · Hospitality | <0.1% | 5,645€ | +0.4% | -2,181€ | -38.6% | 1 | — |
| 172 | Luiggi Company03249328 · Hospitality | <0.1% | 4,363€ | -90.9% | -14,111€ | -323.4% | 2 | 428€ |
| 173 | Salon Ljepote Vin03596168 · Personal services | <0.1% | 4,131€ | -57.2% | -4,746€ | -114.9% | 1 | 711€ |
| 174 | Parking Servis - Kolašin03806669 · Transport & logistics | <0.1% | 4,000€ | No filing for 2024. | 2,988€ | 74.7% | 1 | — |
| 175 | Mountain Knez03372634 · Hospitality | <0.1% | 3,652€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,714€ | -567.2% | 1 | 417€ |
| 176 | Popović Estate03470687 · Hospitality | <0.1% | 3,593€ | -66.8% | -13,437€ | -374.0% | 2 | 337€ |
| 177 | Energy Medic03788741 · Personal services | <0.1% | 3,100€ | No filing for 2024. | 174€ | 5.6% | 1 | — |
| 178 | JWB Invest03464768 · Trade | <0.1% | 3,098€ | -97.0% | -42,043€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 447€ |
| 179 | 23 Maj MN03248208 · Personal services | <0.1% | 3,022€ | +98.0% | -1,911€ | -63.2% | 1 | 339€ |
| 180 | N & A02879522 · Personal services | <0.1% | 2,672€ | +19.1% | -5,938€ | -222.2% | 2 | 309€ |
| 181 | Tripković VDL03802418 · Trade | <0.1% | 2,405€ | No filing for 2024. | 609€ | 25.3% | 1 | — |
| 182 | High Monte03516890 · Real estate | <0.1% | 2,060€ | -64.5% | -1,899€ | -92.2% | 1 | — |
| 183 | Creed Consulting Group03498352 · Professional services | <0.1% | 1,986€ | -58.5% | -3,523€ | -177.4% | 1 | 367€ |
| 184 | Jany Company03334988 · Construction | <0.1% | 1,947€ | -61.1% | -610€ | -31.3% | 2 | — |
| 185 | Tara Spice03692671 · Hospitality | <0.1% | 1,628€ | +1,631.9% | -6,408€ | -393.6% | 1 | 436€ |
| 186 | Agencija za Računovodstvo Panteon Gold03389693 · Professional services | <0.1% | 1,400€ | -44.5% | -9,581€ | -684.4% | 1 | 779€ |
| 187 | Mirko's Barber Shop03271579 · Personal services | <0.1% | 1,200€ | +2.7% | -7,572€ | -631.0% | 1 | 678€ |
| 188 | Aa Energy03017168 · Energy, water & waste | <0.1% | 1,000€ | -90.9% | -13,463€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,098€ |
| 189 | Zvijuk03727815 · Administrative services | <0.1% | 578€ | No filing for 2024. | -3,123€ | -540.3% | 1 | — |
| 190 | A.V.M. Group03403297 · Trade | <0.1% | 240€ | 0.0% | -9,112€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 191 | 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€ |
| 192 | Vujisić Inženjering03593649 · Construction | <0.1% | 1€ | -100.0% | 0€ | 0.0% | 1 | — |
| 193 | Ab Invest02683954 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,087€ | — | 1 | 674€ |
| 194 | Annex Plus03450104 · Trade | 0.0% | 0€ | -100.0% | -4,220€ | — | 1 | 340€ |
| 195 | Basisvita03043142 · Agriculture | 0.0% | 0€ | -100.0% | -15,316€ | — | 1 | 471€ |
| 196 | Blatina03057623 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,212€ | — | 1 | 338€ |
| 197 | Bold Ventures03662179 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,274€ | — | 1 | 678€ |
| 198 | Bravarija Bramar03667413 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,669€ | — | 2 | — |
| 199 | DDDDD03777707 · Professional services | 0.0% | 0€ | No filing for 2024. | -4,628€ | — | 1 | — |
| 200 | DN Cop03809064 · Construction | 0.0% | 0€ | No filing for 2024. | -52€ | — | 0 | — |