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 453
* 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 | Višnjić Im03058557 · Trade | <0.1% | 1,149,061€ | -41.3% | 115,869€ | 10.1% | 31 | 607€ |
| 52 | Mils02324954 · Trade | <0.1% | 1,147,679€ | -6.2% | 40,454€ | 3.5% | 4 | 1,097€ |
| 53 | MN-Metal02737256 · Trade | <0.1% | 1,118,140€ | +5.8% | 55,296€ | 4.9% | 9 | 756€ |
| 54 | Abacus Computing02414821 · Trade | <0.1% | 1,099,105€ | +33.2% | 110,291€ | 10.0% | 7 | 3,061€ |
| 55 | Deus Group02620120 · Trade | <0.1% | 1,070,209€ | -84.1% | 62,719€ | 5.9% | 7 | 1,743€ |
| 56 | Healthy Life CF03106063 · Trade | <0.1% | 1,042,341€ | +24.0% | 110,764€ | 10.6% | 40 | 624€ |
| 57 | Centrosinergija Montenegro03517705 · Trade | <0.1% | 1,041,752€ | -3.1% | 1,935€ | 0.2% | 2 | 1,217€ |
| 58 | Agro Ab02621118 · Trade | <0.1% | 1,022,955€ | -34.2% | 13,561€ | 1.3% | 20 | — |
| 59 | El-Fon02336693 · Trade | <0.1% | 1,010,629€ | +17.9% | 50,375€ | 5.0% | 6 | 921€ |
| 60 | <0.1% | 968,899€ | +15.5% | 59,764€ | 6.2% | 1 | 16,565€ | |
| 61 | Audio Dream02727862 · Trade | <0.1% | 960,560€ | +4.0% | 28,025€ | 2.9% | 7 | 664€ |
| 62 | Frigo Elektro Sistem02437104 · Trade | <0.1% | 951,322€ | -13.8% | 83,523€ | 8.8% | 4 | 757€ |
| 63 | Bojić-Nikšić02875322 · Trade | <0.1% | 950,515€ | +15.6% | 24,922€ | 2.6% | 6 | 727€ |
| 64 | Rapax02870711 · Trade | <0.1% | 933,861€ | +0.1% | 128,395€ | 13.7% | 5 | 1,201€ |
| 65 | Nik As Autosport02305372 · Trade | <0.1% | 916,266€ | +31.2% | 52,835€ | 5.8% | 7 | 725€ |
| 66 | MM System i03164713 · Trade | <0.1% | 855,272€ | +30.2% | 12,341€ | 1.4% | 4 | — |
| 67 | PŽ Lucky02335026 · Trade | <0.1% | 848,335€ | +1.3% | 199,014€ | 23.5% | 10 | 1,278€ |
| 68 | Milvita03552845 · Trade | <0.1% | 827,275€ | +67.4% | 64,643€ | 7.8% | 5 | 1,247€ |
| 69 | RMD-Promet02959097 · Trade | <0.1% | 804,016€ | +11.4% | 5,462€ | 0.7% | 5 | 890€ |
| 70 | F i D E L i S03001245 · Trade | <0.1% | 799,625€ | +16.3% | 126,106€ | 15.8% | 3 | 885€ |
| 71 | Fibola02865467 · Trade | <0.1% | 798,703€ | +24.9% | 102,711€ | 12.9% | 10 | 768€ |
| 72 | Logos Pharm03427544 · Trade | <0.1% | 776,262€ | +27.9% | 24,099€ | 3.1% | 4 | 1,090€ |
| 73 | Djurković - Co03054381 · Trade | <0.1% | 739,608€ | -6.1% | 47,538€ | 6.4% | 2 | 422€ |
| 74 | Rubeža02175584 · Trade | <0.1% | 735,862€ | +18.5% | 2,531€ | 0.3% | 8 | 872€ |
| 75 | Alvon - Group02986183 · Trade | <0.1% | 729,197€ | +18.7% | 19,533€ | 2.7% | 10 | 1,046€ |
| 76 | Elit - Com02694093 · Trade | <0.1% | 723,619€ | +23.1% | 138,173€ | 19.1% | 9 | 747€ |
| 77 | Tecon Montenegro02742438 · Trade | <0.1% | 716,763€ | +1,296.1% | 97,374€ | 13.6% | 4 | 736€ |
| 78 | Deviz02253267 · Trade | <0.1% | 697,531€ | -0.4% | -3,423€ | -0.5% | 9 | 913€ |
| 79 | Swap02959984 · Trade | <0.1% | 663,497€ | -49.2% | 15,606€ | 2.4% | 2 | 1,760€ |
| 80 | Milena i Mi02670216 · Trade | <0.1% | 661,205€ | -2.9% | 2,036€ | 0.3% | 10 | 466€ |
| 81 | Mist Group03524990 · Trade | <0.1% | 637,935€ | +112.4% | 48,943€ | 7.7% | 2 | 677€ |
| 82 | Oktopod02090759 · Trade | <0.1% | 633,838€ | +3.7% | 8,719€ | 1.4% | 11 | 685€ |
| 83 | Gorštak02147572 · Trade | <0.1% | 617,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 455,709€ | 73.9% | 1 | 788€ |
| 84 | Rah03291162 · Trade | <0.1% | 610,242€ | +26.4% | 59,704€ | 9.8% | 10 | 847€ |
| 85 | Superlab03023567 · Trade | <0.1% | 599,320€ | +10.7% | 49,235€ | 8.2% | 5 | 1,643€ |
| 86 | Elmark Montenegro02721821 · Trade | <0.1% | 593,979€ | +21.3% | 55,609€ | 9.4% | 4 | 1,096€ |
| 87 | Jaguar NK Plus03226298 · Trade | <0.1% | 577,819€ | -12.7% | 83,174€ | 14.4% | 2 | 704€ |
| 88 | Veterinar02188503 · Trade | <0.1% | 564,718€ | +24.3% | 22,167€ | 3.9% | 6 | 623€ |
| 89 | Inovatic02727129 · Trade | <0.1% | 543,286€ | +36.1% | 194,125€ | 35.7% | 3 | 604€ |
| 90 | Lemajić Co02669790 · Trade | <0.1% | 525,117€ | +75.2% | 129,423€ | 24.6% | 9 | 787€ |
| 91 | Lib Sistem03250407 · Trade | <0.1% | 524,646€ | +31.3% | 52,161€ | 9.9% | 3 | 1,123€ |
| 92 | MND Mišeljić02375150 · Trade | <0.1% | 511,468€ | -1.6% | 39,887€ | 7.8% | 6 | 801€ |
| 93 | Star -Šped Labudović02311488 · Trade | <0.1% | 505,090€ | +14.1% | 33,079€ | 6.5% | 8 | 593€ |
| 94 | Vima02925559 · Trade | <0.1% | 501,513€ | +38.7% | -8,402€ | -1.7% | 5 | 510€ |
| 95 | Grape Devel03546721 · Trade | <0.1% | 494,482€ | +69.4% | 81,599€ | 16.5% | 1 | 1,239€ |
| 96 | RV-Metal03183050 · Trade | <0.1% | 473,856€ | +9.1% | 4,616€ | 1.0% | 1 | 933€ |
| 97 | Montelada S & B02324369 · Trade | <0.1% | 470,913€ | +148.2% | 6,129€ | 1.3% | 6 | 686€ |
| 98 | Bijelić Company02924951 · Trade | <0.1% | 461,489€ | -13.1% | 75,586€ | 16.4% | 13 | 707€ |
| 99 | Vuk Dental03074030 · Trade | <0.1% | 453,170€ | +3.9% | 42,972€ | 9.5% | 3 | 1,213€ |
| 100 | Happy Dog02336847 · Trade | <0.1% | 448,465€ | -16.5% | 18,087€ | 4.0% | 4 | 1,825€ |