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 51–100 of 232
* 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 | Detoprojekt03421848 · Construction | <0.1% | 309,668€ | +48.1% | 2,070€ | 0.7% | 7 | 1,224€ |
| 52 | Montego NK03065553 · Construction | <0.1% | 309,123€ | -9.7% | 9,597€ | 3.1% | 3 | 1,151€ |
| 53 | Bbliv Coop03395227 · Construction | <0.1% | 307,742€ | +39.3% | 11,082€ | 3.6% | 1 | 1,476€ |
| 54 | Ground Engineering02721619 · Construction | <0.1% | 306,493€ | +19.2% | 126,242€ | 41.2% | 8 | 1,136€ |
| 55 | Druškan02936623 · Construction | <0.1% | 300,824€ | +12.5% | 22,673€ | 7.5% | 8 | 817€ |
| 56 | Rovokop02734478 · Construction | <0.1% | 283,425€ | -3.0% | 22,752€ | 8.0% | 3 | 1,031€ |
| 57 | Rising03794024 · Construction | <0.1% | 258,050€ | No filing for 2024. | 9,506€ | 3.7% | 1 | — |
| 58 | Vaan02797755 · Construction | <0.1% | 251,981€ | -75.2% | 77,242€ | 30.7% | 8 | — |
| 59 | Raduč02143810 · Construction | <0.1% | 251,657€ | -47.4% | 388€ | 0.2% | 13 | 1,267€ |
| 60 | Radulović Wood03277119 · Construction | <0.1% | 246,240€ | +306.1% | 139,474€ | 56.6% | 4 | 799€ |
| 61 | Lim Tim Zečević03079058 · Construction | <0.1% | 235,210€ | +3.3% | 36,918€ | 15.7% | 3 | 745€ |
| 62 | Edel Sport03373436 · Construction | <0.1% | 229,476€ | -47.4% | 9,479€ | 4.1% | 2 | 1,462€ |
| 63 | Strong Stone03230317 · Construction | <0.1% | 224,027€ | -17.9% | -4,152€ | -1.9% | 7 | 573€ |
| 64 | Nibag02782146 · Construction | <0.1% | 219,501€ | -4.6% | 30,358€ | 13.8% | 5 | 686€ |
| 65 | Radulović Gradnja03089576 · Construction | <0.1% | 210,827€ | -34.4% | -19,098€ | -9.1% | 2 | 2,360€ |
| 66 | Ag Projekt02465256 · Construction | <0.1% | 210,014€ | +184.7% | 1,524€ | 0.7% | 3 | 934€ |
| 67 | Kešić Sistem03525961 · Construction | <0.1% | 209,532€ | +71.6% | 71,035€ | 33.9% | 6 | 809€ |
| 68 | G.P. Zenit03293521 · Construction | <0.1% | 205,156€ | -40.6% | 3,642€ | 1.8% | 4 | 1,333€ |
| 69 | Izolacije02841983 · Construction | <0.1% | 196,592€ | -1.5% | 53,895€ | 27.4% | 1 | 1,532€ |
| 70 | Svjetlost-Kabal02869381 · Construction | <0.1% | 193,746€ | +23.5% | 1,010€ | 0.5% | 3 | 910€ |
| 71 | Kalina Company03540570 · Construction | <0.1% | 186,700€ | +557.1% | -74,358€ | -39.8% | 5 | 1,314€ |
| 72 | Sagram03659135 · Construction | <0.1% | 185,540€ | +105.2% | 26,683€ | 14.4% | 1 | 3,213€ |
| 73 | Mak - Grup02903458 · Construction | <0.1% | 176,767€ | +53.0% | 70€ | 0.0% | 1 | 788€ |
| 74 | Dam-T03708004 · Construction | <0.1% | 175,564€ | +6,982.0% | 47,450€ | 27.0% | 3 | 707€ |
| 75 | WMP-Gradnja03350606 · Construction | <0.1% | 175,471€ | +4.2% | 2,966€ | 1.7% | 4 | 853€ |
| 76 | Libro02696541 · Construction | <0.1% | 172,518€ | -31.5% | 6,581€ | 3.8% | 3 | 897€ |
| 77 | Om Electricity03358712 · Construction | <0.1% | 167,296€ | -2.0% | 7,765€ | 4.6% | 3 | 1,046€ |
| 78 | Atos Construction03313697 · Construction | <0.1% | 165,116€ | -82.9% | 32,361€ | 19.6% | 6 | 1,232€ |
| 79 | Filmar Elektro03307514 · Construction | <0.1% | 155,086€ | +43.4% | 18,271€ | 11.8% | 9 | 926€ |
| 80 | Mitel03692850 · Construction | <0.1% | 155,077€ | +1,345.3% | 51,483€ | 33.2% | 2 | 1,984€ |
| 81 | Optiva Pro03550435 · Construction | <0.1% | 152,284€ | +34.7% | 20,516€ | 13.5% | 5 | 1,815€ |
| 82 | Sam Striković03288820 · Construction | <0.1% | 152,260€ | +147.0% | 31,564€ | 20.7% | 1 | 674€ |
| 83 | Inspect03118452 · Construction | <0.1% | 151,509€ | -14.8% | 32,445€ | 21.4% | 1 | 924€ |
| 84 | 3M - Elektro02916231 · Construction | <0.1% | 143,622€ | +56.6% | 7,391€ | 5.1% | 6 | 1,797€ |
| 85 | RGB Elektro Solution03640213 · Construction | <0.1% | 142,148€ | +137.1% | 24,603€ | 17.3% | 7 | 672€ |
| 86 | Bogi Mont03311163 · Construction | <0.1% | 140,736€ | +700.5% | 46,807€ | 33.3% | 3 | 949€ |
| 87 | Walls Decor03163962 · Construction | <0.1% | 134,256€ | -40.1% | -3,354€ | -2.5% | 4 | 1,227€ |
| 88 | VS Invest NK03704661 · Construction | <0.1% | 126,942€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,736€ | 2.9% | 0 | — |
| 89 | Drašković Gradnja03116891 · Construction | <0.1% | 125,450€ | -8.0% | 540€ | 0.4% | 3 | 828€ |
| 90 | Armaster Gradnja03161366 · Construction | <0.1% | 123,575€ | +30,793.8% | 25,776€ | 20.9% | 1 | 758€ |
| 91 | Minermont02697351 · Construction | <0.1% | 121,867€ | -41.4% | -35,519€ | -29.1% | 5 | 808€ |
| 92 | Progres Alu-PVC03687554 · Construction | <0.1% | 121,395€ | +431.8% | -3,232€ | -2.7% | 1 | 592€ |
| 93 | H & C Power03317510 · Construction | <0.1% | 120,256€ | -13.2% | -1,635€ | -1.4% | 1 | 1,007€ |
| 94 | LSN-Sistem03670961 · Construction | <0.1% | 116,829€ | +111.6% | 892€ | 0.8% | 3 | 1,269€ |
| 95 | Arming Bau03688895 · Construction | <0.1% | 113,983€ | +2,199.0% | 1,014€ | 0.9% | 4 | 2,141€ |
| 96 | Plus Jovović02461943 · Construction | <0.1% | 113,935€ | -49.4% | -19,239€ | -16.9% | 2 | 675€ |
| 97 | Celtikcioglu Cons.Ind.& Trade LTD Co02882256 · Construction | <0.1% | 111,437€ | +121.2% | 12,171€ | 10.9% | 0 | — |
| 98 | Badovina Lim03740064 · Construction | <0.1% | 109,974€ | No filing for 2024. | 2,252€ | 2.0% | 0 | — |
| 99 | Bogmarkfloors03337693 · Construction | <0.1% | 104,433€ | +27.1% | 1,907€ | 1.8% | 1 | 5,895€ |
| 100 | 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€ |