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 1–39 of 39
* 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 | Cetmar Kujović02462931 · Trade | 2.7% | 1,443,781€ | +4.0% | 3,065€ | 0.2% | 9 | 824€ |
| 2 | Županovac M03022781 · Trade | 2.5% | 1,337,109€ | -12.3% | 88€ | 0.0% | 10 | 698€ |
| 3 | Delfipharm02654032 · Trade | 2.2% | 1,177,162€ | +12.3% | 25,160€ | 2.1% | 4 | 3,031€ |
| 4 | Ivana V.B.02823411 · Trade | 1.8% | 964,396€ | +6.0% | 20,218€ | 2.1% | 5 | 1,302€ |
| 5 | Dron03396673 · Trade | 1.5% | 780,969€ | +17.5% | 30,839€ | 3.9% | 4 | 1,043€ |
| 6 | R.S.NEC02820897 · Trade | 1.1% | 603,651€ | +41.7% | -16,151€ | -2.7% | 4 | 577€ |
| 7 | Bometal02756757 · Trade | 1.0% | 545,335€ | +7.7% | 51,051€ | 9.4% | 7 | 802€ |
| 8 | Drenovača Plus03108481 · Trade | 0.6% | 317,824€ | +8.7% | 2,303€ | 0.7% | 3 | 476€ |
| 9 | S&M Servis02394774 · Trade | 0.5% | 262,928€ | +61.3% | -32,328€ | -12.3% | 5 | 865€ |
| 10 | Automania N03078795 · Trade | 0.4% | 215,021€ | +27.6% | -104€ | -0.0% | 2 | 539€ |
| 11 | Kujović-Service02178605 · Trade | 0.4% | 205,292€ | -8.1% | 542€ | 0.3% | 6 | 387€ |
| 12 | Vitaminka02672766 · Trade | 0.4% | 184,811€ | +41.1% | -3,709€ | -2.0% | 2 | 483€ |
| 13 | Dado & Andjela02921065 · Trade | 0.3% | 173,899€ | -16.3% | 472€ | 0.3% | 3 | 674€ |
| 14 | Ana & CO.03078817 · Trade | 0.3% | 166,117€ | +20.8% | 8,294€ | 5.0% | 4 | 867€ |
| 15 | Vujisić02909740 · Trade | 0.3% | 138,722€ | +63.6% | -19,059€ | -13.7% | 3 | 553€ |
| 16 | Kolgejt02056534 · Trade | 0.2% | 120,585€ | +8.9% | 1,464€ | 1.2% | 2 | 874€ |
| 17 | Stil Company02756722 · Trade | 0.2% | 102,485€ | +4.8% | 299€ | 0.3% | 3 | 674€ |
| 18 | Petrol Kolašin03043738 · Trade | 0.2% | 98,918€ | +10.6% | 6,093€ | 6.2% | 8 | 851€ |
| 19 | Ngu03676404 · Trade | 0.2% | 93,338€ | +356.2% | -1,253€ | -1.3% | 1 | 5,935€ |
| 20 | Mona Vita03740595 · Trade | <0.1% | 31,015€ | No filing for 2024. | -2,503€ | -8.1% | 2 | 581€ |
| 21 | DNM Tehno03762157 · Trade | <0.1% | 30,824€ | No filing for 2024. | 905€ | 2.9% | 2 | 649€ |
| 22 | Studio Proforma03060225 · Trade | <0.1% | 27,255€ | -40.0% | -32,207€ | -118.2% | 2 | — |
| 23 | Mozaik Co03066509 · Trade | <0.1% | 25,246€ | -18.9% | -5,067€ | -20.1% | 1 | 1,034€ |
| 24 | Sim KL03384268 · Trade | <0.1% | 24,258€ | +7.8% | -3,524€ | -14.5% | 1 | 766€ |
| 25 | Županovac02196891 · Trade | <0.1% | 21,979€ | +132.9% | -5,315€ | -24.2% | 1 | 339€ |
| 26 | Ribo-Kol03337022 · Trade | <0.1% | 19,966€ | +15.5% | -845€ | -4.2% | 1 | 700€ |
| 27 | MR & MRS03081702 · Trade | <0.1% | 18,175€ | +31.9% | -1,463€ | -8.0% | 1 | — |
| 28 | NS Quattro +03578984 · Trade | <0.1% | 16,651€ | +113.0% | -1,158€ | -7.0% | 1 | 677€ |
| 29 | Boka-Auto KL03388140 · Trade | <0.1% | 11,529€ | +39.1% | -627€ | -5.4% | 1 | — |
| 30 | 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€ |
| 31 | KL Mobile03549232 · Trade | <0.1% | 6,225€ | -18.8% | -11,723€ | -188.3% | 2 | 678€ |
| 32 | Dona Bulatović03249336 · Trade | <0.1% | 6,198€ | -8.7% | -9,830€ | -158.6% | 1 | 729€ |
| 33 | Mountain Trade03358305 · Trade | <0.1% | 5,876€ | -68.2% | 29€ | 0.5% | 2 | — |
| 34 | Mbline03139182 · Trade | <0.1% | 5,712€ | +42.9% | -5,359€ | -93.8% | 2 | 407€ |
| 35 | 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€ |
| 36 | Tripković VDL03802418 · Trade | <0.1% | 2,405€ | No filing for 2024. | 609€ | 25.3% | 1 | — |
| 37 | 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€ |
| 38 | Annex Plus03450104 · Trade | 0.0% | 0€ | -100.0% | -4,220€ | — | 1 | 340€ |
| 39 | Mila - KL03187730 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,069€ | — | 1 | 339€ |