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 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* |
|---|
| 51 | Bast02215586 · Construction | 0.3% | 4,197,311€ | +1,327.1% | 2,909,455€ | 69.3% | 5 | 975€ |
| 52 | Zeta-Mine03267458 · Mining | 0.3% | 4,167,653€ | -62.0% | -161,954€ | -3.9% | 60 | 3,227€ |
| 53 | HRC03029034 · Trade | 0.3% | 4,037,306€ | +16.4% | 1,197,398€ | 29.7% | 65 | 1,347€ |
| 54 | VHM Solutions02283441 · Manufacturing | 0.3% | 3,892,324€ | -48.0% | 572,207€ | 14.7% | 124 | 1,137€ |
| 55 | FML03076792 · Manufacturing | 0.3% | 3,814,490€ | +3.3% | 39,490€ | 1.0% | 31 | 975€ |
| 56 | Gold Security03280799 · Administrative services | 0.2% | 3,645,011€ | +27.4% | 146,913€ | 4.0% | 156 | 1,380€ |
| 57 | Boster03024873 · Manufacturing | 0.2% | 3,607,809€ | -20.8% | 380,423€ | 10.5% | 12 | 2,928€ |
| 58 | Ramond02338599 · Trade | 0.2% | 3,598,610€ | +2.8% | 482,942€ | 13.4% | 23 | 1,293€ |
| 59 | Poliklinika Milmedika03457036 · Health & social care | 0.2% | 3,593,327€ | +67.5% | 391,084€ | 10.9% | 41 | 4,126€ |
| 60 | Kit02051257 · Trade | 0.2% | 3,570,615€ | -9.8% | 55,692€ | 1.6% | 59 | 817€ |
| 61 | Uniprom Pekara02453835 · Manufacturing | 0.2% | 3,472,063€ | +4.6% | 119,853€ | 3.5% | 54 | 1,033€ |
| 62 | Promet-Montaža02289741 · Trade | 0.2% | 3,388,086€ | +7.5% | 32,202€ | 1.0% | 17 | 942€ |
| 63 | Z Petrol02923360 · Trade | 0.2% | 3,267,269€ | +3.1% | 53,854€ | 1.6% | 7 | 750€ |
| 64 | Svaki Dan03036243 · Manufacturing | 0.2% | 3,216,011€ | +34.8% | 89,634€ | 2.8% | 115 | 1,090€ |
| 65 | D&M Sistem03249786 · Trade | 0.2% | 3,172,526€ | +7.5% | 287,449€ | 9.1% | 9 | 1,141€ |
| 66 | Monte Parts02185202 · Trade | 0.2% | 3,154,167€ | +12.1% | 247,716€ | 7.9% | 29 | 1,011€ |
| 67 | Monteklas03257100 · Trade | 0.2% | 3,018,055€ | -1.5% | -8,986€ | -0.3% | 11 | 1,600€ |
| 68 | Đurković02691825 · Construction | 0.2% | 2,981,790€ | +10.3% | 226,724€ | 7.6% | 5 | 3,606€ |
| 69 | Das Group03320111 · Transport & logistics | 0.2% | 2,956,069€ | +12,095.0% | 14,742€ | 0.5% | 1 | 1,691€ |
| 70 | BK - Specijalni Transporti03174352 · Transport & logistics | 0.2% | 2,872,934€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,459€ | 0.2% | 1 | — |
| 71 | Vjenniko Petrol02873443 · Trade | 0.2% | 2,871,187€ | +5.3% | 23,736€ | 0.8% | 7 | 1,271€ |
| 72 | Slomark03055884 · Trade | 0.2% | 2,846,117€ | +3.8% | 242,694€ | 8.5% | 12 | 997€ |
| 73 | Milović Company02835843 · Construction | 0.2% | 2,766,855€ | +26.4% | 612,958€ | 22.2% | 23 | 1,524€ |
| 74 | Temaso02657155 · Trade | 0.2% | 2,580,557€ | +30.0% | 210,505€ | 8.2% | 30 | 1,132€ |
| 75 | Jolly Commerce02343975 · Trade | 0.2% | 2,574,700€ | +4.6% | 144,806€ | 5.6% | 42 | 1,056€ |
| 76 | Laki Construction03371964 · Construction | 0.2% | 2,513,073€ | +132.9% | 237,172€ | 9.4% | 13 | 1,818€ |
| 77 | Manda02791412 · Transport & logistics | 0.2% | 2,449,283€ | -2.4% | 277,302€ | 11.3% | 36 | 1,794€ |
| 78 | Drašković Auto03169219 · Trade | 0.2% | 2,448,086€ | +12.8% | 40,682€ | 1.7% | 1 | 338€ |
| 79 | Garden Lux02402980 · Agriculture | 0.2% | 2,423,289€ | +28.4% | 81,343€ | 3.4% | 21 | 1,095€ |
| 80 | Akropolis02308479 · Construction | 0.2% | 2,380,912€ | -1.0% | 363,312€ | 15.3% | 23 | 1,494€ |
| 81 | Comp Comerc02055384 · Hospitality | 0.2% | 2,341,959€ | -9.4% | 12,104€ | 0.5% | 58 | 1,167€ |
| 82 | Saće02317311 · Trade | 0.2% | 2,341,171€ | +20.2% | 221,276€ | 9.5% | 5 | 693€ |
| 83 | Globalis03158659 · Hospitality | 0.2% | 2,328,588€ | +0.2% | 405,634€ | 17.4% | 30 | 1,474€ |
| 84 | Mesara Bijelić02712075 · Trade | 0.2% | 2,297,414€ | +45.8% | 182,709€ | 8.0% | 20 | 783€ |
| 85 | Latković02204720 · Trade | 0.2% | 2,272,806€ | +18.3% | 127,453€ | 5.6% | 10 | 1,591€ |
| 86 | Elektro-Frigo02445832 · Trade | 0.1% | 2,213,589€ | +14.2% | 56,342€ | 2.5% | 20 | 753€ |
| 87 | Debt Management Project i Montenegro02836688 · Hospitality | 0.1% | 2,210,333€ | +70.6% | 1,076,611€ | 48.7% | 2 | 2,011€ |
| 88 | Mijušković-Trend02305216 · Manufacturing | 0.1% | 2,127,914€ | +15.1% | 67,823€ | 3.2% | 50 | 507€ |
| 89 | Zarubica Company02264862 · Professional services | 0.1% | 2,114,393€ | +8.9% | 67,493€ | 3.2% | 23 | 794€ |
| 90 | Novi Boksiti03555631 · Mining | 0.1% | 2,109,427€ | +998.2% | 89,463€ | 4.2% | 37 | 1,904€ |
| 91 | Štit Prevoz03078574 · Transport & logistics | 0.1% | 2,096,806€ | +0.4% | -33,772€ | -1.6% | 10 | 1,001€ |
| 92 | Radio i Televizija Nikšić02896303 · Arts & entertainment | 0.1% | 2,051,904€ | +25.1% | 127,168€ | 6.2% | 65 | 1,342€ |
| 93 | Alp Trade03061108 · Trade | 0.1% | 1,983,213€ | +40.5% | 168,305€ | 8.5% | 9 | 1,386€ |
| 94 | Frigoline-MN03647692 · Trade | 0.1% | 1,969,068€ | +55.7% | 82,169€ | 4.2% | 1 | 1,383€ |
| 95 | Enigma Company02733536 · Administrative services | 0.1% | 1,930,978€ | +1.5% | 387,767€ | 20.1% | 32 | 929€ |
| 96 | Abc Sistem03011291 · Manufacturing | 0.1% | 1,907,206€ | +72.3% | 576,075€ | 30.2% | 13 | 1,139€ |
| 97 | Elit Les02462664 · Manufacturing | 0.1% | 1,888,681€ | +14.5% | 177,148€ | 9.4% | 17 | 1,006€ |
| 98 | Flexway Mne03625362 · Trade | 0.1% | 1,871,689€ | +12,889.7% | -326,024€ | -17.4% | 14 | 1,801€ |
| 99 | Taxi-Taxi02627060 · Trade | 0.1% | 1,849,729€ | -46.4% | 58,829€ | 3.2% | 2 | 541€ |
| 100 | Mazor02215233 · Trade | 0.1% | 1,812,588€ | +7.3% | 136,041€ | 7.5% | 7 | 1,244€ |