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 1–20 of 20
* 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 | Water Group02437805 · Manufacturing | 12.4% | 6,545,484€ | -2.2% | 390,052€ | 6.0% | 82 | 1,149€ |
| 2 | Vib Beton03218830 · Manufacturing | 11.5% | 6,039,861€ | +30.8% | 153,190€ | 2.5% | 20 | 846€ |
| 3 | Keker02387158 · Manufacturing | 4.5% | 2,342,510€ | +33.3% | 148,013€ | 6.3% | 42 | 1,116€ |
| 4 | Eko-Vladoš02349078 · Manufacturing | 0.9% | 462,507€ | +5.4% | 38,641€ | 8.4% | 12 | 639€ |
| 5 | Pekara Komerc02823403 · Manufacturing | 0.4% | 196,519€ | +1.8% | 31,320€ | 15.9% | 7 | 822€ |
| 6 | Ideja - S02695723 · Manufacturing | 0.3% | 139,549€ | -48.3% | 94€ | 0.1% | 11 | 544€ |
| 7 | Vujisić Company02665409 · Manufacturing | 0.3% | 135,395€ | -11.4% | 182€ | 0.1% | 7 | 678€ |
| 8 | Moračka Riznica03305350 · Manufacturing | 0.2% | 105,034€ | +14.0% | 3,150€ | 3.0% | 1 | 1,912€ |
| 9 | Lancer02077191 · Manufacturing | 0.2% | 100,683€ | +861.3% | 7,670€ | 7.6% | 3 | 688€ |
| 10 | Dašad02625571 · Manufacturing | 0.2% | 87,161€ | +8.1% | 1,319€ | 1.5% | 1 | 571€ |
| 11 | Džesko DŽH03089657 · Manufacturing | 0.2% | 84,536€ | +62.3% | 189€ | 0.2% | 3 | 808€ |
| 12 | In-Monte03074722 · Manufacturing | 0.1% | 78,909€ | +2.0% | -6,503€ | -8.2% | 1 | 339€ |
| 13 | Moki Cranes03255107 · Manufacturing | <0.1% | 51,730€ | +38.8% | 99€ | 0.2% | 3 | — |
| 14 | M Tali-Ja03032167 · Manufacturing | <0.1% | 37,520€ | -14.0% | -17,569€ | -46.8% | 3 | 833€ |
| 15 | VSP Martin03336239 · Manufacturing | <0.1% | 30,677€ | +62.2% | 10,957€ | 35.7% | 1 | 923€ |
| 16 | Monte Wood03354440 · Manufacturing | <0.1% | 27,117€ | -38.5% | -24,643€ | -90.9% | 4 | 549€ |
| 17 | Staklo Kol03542840 · Manufacturing | <0.1% | 19,299€ | +101.9% | 229€ | 1.2% | 2 | 531€ |
| 18 | Timber Homes03405109 · Manufacturing | <0.1% | 10,904€ | +497.8% | -2,642€ | -24.2% | 1 | — |
| 19 | Hills02807963 · Manufacturing | <0.1% | 7,907€ | -36.5% | -7,272€ | -92.0% | 1 | — |
| 20 | Bravarija Bramar03667413 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,669€ | — | 2 | — |