Revenue
8.4% of Montenegro's revenue
1,880 companies earned 1.48b€ in 2025, 8.4% of all company revenue in Montenegro. It ranks 2 of 25 municipalities by revenue. Revenue has grown 2.0× since 2015.
8.4% of Montenegro's revenue
28.6 per 1,000 residents · Montenegro 57.3
Largest employer: Elektroprivreda Crne Gore (1,170)
Total profit: -20.10m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 736,967,003€ | 992 |
| 2016 | 733,856,066€ | 1,087 |
| 2017 | 844,204,582€ | 1,146 |
| 2018 | 902,932,275€ | 1,255 |
| 2019 | 933,841,671€ | 1,348 |
| 2020 | 924,882,736€ | 1,443 |
| 2021 | 1,056,901,497€ | 1,559 |
| 2022 | 1,440,432,113€ | 1,644 |
| 2023 | 1,374,002,941€ | 1,697 |
| 2024 | 1,437,089,028€ | 1,810 |
| 2025 (Preliminary) | 1,483,187,027€ | 1,880 |
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 701–750 of 1,880
* 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* |
|---|
| 701 | Prim Soft02086824 · Technology | <0.1% | 114,247€ | -10.8% | 8,072€ | 7.1% | 5 | 1,618€ |
| 702 | Arming Bau03688895 · Construction | <0.1% | 113,983€ | +2,199.0% | 1,014€ | 0.9% | 4 | 2,141€ |
| 703 | Plus Jovović02461943 · Construction | <0.1% | 113,935€ | -49.4% | -19,239€ | -16.9% | 2 | 675€ |
| 704 | Vilusi Petrol02752620 · Trade | <0.1% | 113,641€ | +23.6% | 11,587€ | 10.2% | 6 | 1,342€ |
| 705 | Elbat02392941 · Trade | <0.1% | 113,232€ | +21.1% | 29,253€ | 25.8% | 1 | 1,643€ |
| 706 | Profi Mat03475417 · Manufacturing | <0.1% | 112,294€ | +5.5% | 517€ | 0.5% | 4 | 1,017€ |
| 707 | Dodge02325683 · Hospitality | <0.1% | 112,186€ | -11.5% | 3,893€ | 3.5% | 4 | 758€ |
| 708 | Benefit02826887 · Professional services | <0.1% | 112,148€ | +19.7% | 49,392€ | 44.0% | 3 | 947€ |
| 709 | Ras-Service03165507 · Personal services | <0.1% | 111,598€ | +74.3% | 8,469€ | 7.6% | 1 | 948€ |
| 710 | Celtikcioglu Cons.Ind.& Trade LTD Co02882256 · Construction | <0.1% | 111,437€ | +121.2% | 12,171€ | 10.9% | 0 | — |
| 711 | LTH02426854 · Personal services | <0.1% | 111,431€ | -27.4% | 532€ | 0.5% | 3 | 757€ |
| 712 | M Jub02969459 · Trade | <0.1% | 110,199€ | +13.3% | -4,118€ | -3.7% | 2 | 508€ |
| 713 | Sandcastle03587380 · Trade | <0.1% | 110,114€ | +81.8% | -3,466€ | -3.1% | 5 | 1,552€ |
| 714 | Badovina Lim03740064 · Construction | <0.1% | 109,974€ | No filing for 2024. | 2,252€ | 2.0% | 0 | — |
| 715 | Ganit02847957 · Manufacturing | <0.1% | 109,517€ | -21.0% | 2,830€ | 2.6% | 4 | 645€ |
| 716 | BS Transport03605841 · Transport & logistics | <0.1% | 107,105€ | +27.0% | 20,035€ | 18.7% | 1 | 1,737€ |
| 717 | Nikac02654415 · Transport & logistics | <0.1% | 106,731€ | +5.9% | 2,353€ | 2.2% | 5 | 482€ |
| 718 | Inb-Company03592863 · Transport & logistics | <0.1% | 106,018€ | +76.0% | -13,484€ | -12.7% | 1 | 4,572€ |
| 719 | Bedem Fortress03273997 · Arts & entertainment | <0.1% | 104,635€ | +90.0% | 4,829€ | 4.6% | 1 | 3,428€ |
| 720 | Bogmarkfloors03337693 · Construction | <0.1% | 104,433€ | +27.1% | 1,907€ | 1.8% | 1 | 5,895€ |
| 721 | Mozaik Nikšić11060820 · Agriculture | <0.1% | 104,407€ | -6.9% | 0€ | 0.0% | 4 | 1,580€ |
| 722 | Terić Mont03705510 · Construction | <0.1% | 104,380€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 5,773€ | 5.5% | 3 | 670€ |
| 723 | B&M&I - Gradnja03553779 · Construction | <0.1% | 104,246€ | +269.3% | 27,122€ | 26.0% | 1 | 2,011€ |
| 724 | Aqua Ćiro03721183 · Construction | <0.1% | 103,922€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,336€ | 7.1% | 2 | 910€ |
| 725 | MR Invest03102971 · Construction | <0.1% | 103,553€ | +101.6% | 6,609€ | 6.4% | 3 | 459€ |
| 726 | VBBB03197255 · Transport & logistics | <0.1% | 103,375€ | +14.8% | 4,649€ | 4.5% | 3 | 836€ |
| 727 | Ljilja02903377 · Trade | <0.1% | 102,176€ | +45.9% | 1,525€ | 1.5% | 5 | 651€ |
| 728 | Filip02680157 · Trade | <0.1% | 102,077€ | -3.4% | 1,734€ | 1.7% | 1 | 685€ |
| 729 | Maligator03213692 · Trade | <0.1% | 101,532€ | +5.3% | 2,225€ | 2.2% | 2 | 809€ |
| 730 | Vilusi Company02822016 · Construction | <0.1% | 100,939€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 69,127€ | 68.5% | 0 | — |
| 731 | Foreach Group03281787 · Technology | <0.1% | 100,801€ | -7.3% | 696€ | 0.7% | 1 | 7,064€ |
| 732 | DM Company02409577 · Construction | <0.1% | 100,550€ | -63.8% | 41,629€ | 41.4% | 1 | 747€ |
| 733 | Enterijeri Blagojević02950090 · Manufacturing | <0.1% | 100,433€ | +269.7% | 15,006€ | 14.9% | 3 | 590€ |
| 734 | Kat03241874 · Professional services | <0.1% | 100,231€ | +39.3% | 510€ | 0.5% | 4 | 1,841€ |
| 735 | MV Dom02922886 · Construction | <0.1% | 100,216€ | +6.1% | 954€ | 1.0% | 2 | 507€ |
| 736 | Miramal02914549 · Manufacturing | <0.1% | 99,525€ | -17.4% | 2,079€ | 2.1% | 4 | 724€ |
| 737 | L&L Lalatović03495612 · Trade | <0.1% | 99,123€ | +151.7% | 13,688€ | 13.8% | 4 | 727€ |
| 738 | Too Je Too03042308 · Trade | <0.1% | 99,028€ | +3.0% | 163€ | 0.2% | 2 | 863€ |
| 739 | Vukićević Plafonex03410838 · Construction | <0.1% | 98,803€ | -6.2% | -7,558€ | -7.6% | 4 | 552€ |
| 740 | Bioaktiv Adria03627055 · Trade | <0.1% | 98,671€ | -1.7% | 145€ | 0.1% | 1 | 678€ |
| 741 | Urban Gradnja02779404 · Professional services | <0.1% | 98,539€ | -81.2% | 22,324€ | 22.7% | 2 | 809€ |
| 742 | Žitomlin02814463 · Construction | <0.1% | 98,362€ | -8.0% | 2,028€ | 2.1% | 1 | 552€ |
| 743 | Metali 21. Decembar03251268 · Manufacturing | <0.1% | 98,269€ | -25.9% | 7,258€ | 7.4% | 1 | 1,468€ |
| 744 | La Terra Montenegro03418774 · Administrative services | <0.1% | 98,257€ | +80.9% | 1,401€ | 1.4% | 3 | 1,184€ |
| 745 | Win Trade02622378 · Trade | <0.1% | 98,157€ | +9.7% | 2,015€ | 2.1% | 1 | 746€ |
| 746 | DR Mijanović03153657 · Health & social care | <0.1% | 98,097€ | +64.5% | 26,940€ | 27.5% | 4 | 1,000€ |
| 747 | Meander Film03075575 · Arts & entertainment | <0.1% | 97,488€ | -7.0% | 661€ | 0.7% | 1 | 544€ |
| 748 | Nikčewić02922304 · Manufacturing | <0.1% | 97,164€ | -16.5% | 15,504€ | 16.0% | 3 | 1,313€ |
| 749 | Vermont Engineering03695336 · Construction | <0.1% | 97,156€ | +364.9% | 14,073€ | 14.5% | 1 | 1,318€ |
| 750 | Jugotehna Comerc02059851 · Manufacturing | <0.1% | 97,121€ | +3.4% | 15,974€ | 16.4% | 3 | 683€ |