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 1001–1050 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* |
|---|
| 1001 | Smolović Mont03641406 · Administrative services | <0.1% | 47,579€ | +374.4% | 5,685€ | 11.9% | 1 | 2,276€ |
| 1002 | NDL Engineering03323021 · Construction | <0.1% | 47,559€ | +9.8% | 7,049€ | 14.8% | 1 | 2,974€ |
| 1003 | Čardak Gradnja03628159 · Construction | <0.1% | 47,271€ | +944.4% | 1,904€ | 4.0% | 2 | 422€ |
| 1004 | Hestija - H03007138 · Professional services | <0.1% | 47,038€ | +6.0% | 1,353€ | 2.9% | 5 | 643€ |
| 1005 | Parodont02745437 · Professional services | <0.1% | 46,663€ | +4.8% | 1,178€ | 2.5% | 3 | 760€ |
| 1006 | Elektro - Jovan03727645 · Construction | <0.1% | 46,299€ | No filing for 2024. | -3,208€ | -6.9% | 2 | 1,783€ |
| 1007 | Biljana02776979 · Transport & logistics | <0.1% | 46,204€ | +14.1% | 5,536€ | 12.0% | 2 | 1,107€ |
| 1008 | MY Hobby03230147 · Trade | <0.1% | 45,879€ | +286.4% | 20,558€ | 44.8% | 1 | 922€ |
| 1009 | Dumnić02777258 · Transport & logistics | <0.1% | 45,631€ | +10.5% | 5,761€ | 12.6% | 1 | 2,272€ |
| 1010 | Radulović Šped03746917 · Transport & logistics | <0.1% | 45,431€ | No filing for 2024. | 8,168€ | 18.0% | 2 | 708€ |
| 1011 | Green Pen-M02724995 · Manufacturing | <0.1% | 44,724€ | +53.7% | 1,659€ | 3.7% | 1 | 740€ |
| 1012 | Positive Invest Mne03639550 · Hospitality | <0.1% | 44,689€ | +66.2% | 8,974€ | 20.1% | 2 | 310€ |
| 1013 | Planina02814935 · Trade | <0.1% | 44,516€ | +4.0% | -5,186€ | -11.6% | 1 | 675€ |
| 1014 | Collective Transport RR03695964 · Transport & logistics | <0.1% | 44,500€ | +3,608.3% | -900€ | -2.0% | 1 | 700€ |
| 1015 | Termopil03247848 · Professional services | <0.1% | 44,244€ | -49.6% | -27,724€ | -62.7% | 2 | 619€ |
| 1016 | Mi Šped03111679 · Transport & logistics | <0.1% | 44,048€ | -47.9% | 2,148€ | 4.9% | 2 | 399€ |
| 1017 | Advert & Son03539946 · Professional services | <0.1% | 43,183€ | -4.0% | 5,277€ | 12.2% | 1 | 1,944€ |
| 1018 | The Art Revolution03592847 · Personal services | <0.1% | 43,172€ | -27.3% | -927€ | -2.1% | 2 | 1,470€ |
| 1019 | Termo Servis03278247 · Manufacturing | <0.1% | 43,037€ | -18.7% | 1,197€ | 2.8% | 1 | 959€ |
| 1020 | Vušović02817187 · Health & social care | <0.1% | 42,919€ | +3.8% | 830€ | 1.9% | 2 | 1,337€ |
| 1021 | Domaz02902087 · Education | <0.1% | 42,917€ | -14.5% | 1,267€ | 3.0% | 6 | 395€ |
| 1022 | Baš Metali03268691 · Manufacturing | <0.1% | 42,696€ | -45.8% | -180,308€ | -422.3% | 1 | — |
| 1023 | Dijana - NK03581985 · Personal services | <0.1% | 42,558€ | +30.8% | 3,816€ | 9.0% | 5 | 569€ |
| 1024 | Monstar02902311 · Trade | <0.1% | 42,436€ | -13.8% | 2,576€ | 6.1% | 1 | 922€ |
| 1025 | Mile - Trans03110117 · Transport & logistics | <0.1% | 42,276€ | -18.2% | 1,845€ | 4.4% | 2 | 423€ |
| 1026 | Paam Company03209407 · Trade | <0.1% | 42,205€ | -14.6% | -7,323€ | -17.4% | 1 | 1,194€ |
| 1027 | Đuka Welding03360016 · Manufacturing | <0.1% | 41,850€ | +39.7% | 5,035€ | 12.0% | 2 | 1,186€ |
| 1028 | Slatko Ćoše - Fontana03139972 · Manufacturing | <0.1% | 41,121€ | +8.7% | -1,976€ | -4.8% | 5 | 608€ |
| 1029 | I K03167828 · Personal services | <0.1% | 41,107€ | +10.2% | 76€ | 0.2% | 4 | 640€ |
| 1030 | Kamenica 190903340236 · Agriculture | <0.1% | 40,910€ | +545.5% | 6,800€ | 16.6% | 1 | 715€ |
| 1031 | Ellena Company03740986 · Trade | <0.1% | 40,852€ | No filing for 2024. | -4,716€ | -11.5% | 2 | 636€ |
| 1032 | Mijušković02826976 · Health & social care | <0.1% | 40,767€ | -4.8% | 157€ | 0.4% | 3 | 875€ |
| 1033 | Kalkulacija03333736 · Professional services | <0.1% | 40,750€ | +21.5% | 2,932€ | 7.2% | 3 | 933€ |
| 1034 | G Advisory03491226 · Professional services | <0.1% | 40,743€ | +64.6% | 4,106€ | 10.1% | 4 | 702€ |
| 1035 | Meli Montenegro03081621 · Manufacturing | <0.1% | 40,661€ | -28.6% | 147€ | 0.4% | 3 | 675€ |
| 1036 | Voćara Mina03371255 · Trade | <0.1% | 40,536€ | +22.8% | 6,896€ | 17.0% | 2 | 408€ |
| 1037 | Baćović Pak03068722 · Trade | <0.1% | 40,484€ | -19.3% | 1,054€ | 2.6% | 2 | — |
| 1038 | G - Taxi03051412 · Transport & logistics | <0.1% | 40,434€ | +28.2% | -260€ | -0.6% | 3 | 561€ |
| 1039 | Milović02832968 · Health & social care | <0.1% | 40,241€ | -4.7% | 2,770€ | 6.9% | 3 | 651€ |
| 1040 | Kešelj Gradnja03785106 · Construction | <0.1% | 40,190€ | No filing for 2024. | 3,780€ | 9.4% | 2 | 1,267€ |
| 1041 | D&R-Mont02987171 · Construction | <0.1% | 40,087€ | +24.5% | -3,486€ | -8.7% | 1 | 729€ |
| 1042 | Daković02717603 · Health & social care | <0.1% | 39,783€ | -6.8% | 3,134€ | 7.9% | 2 | 1,005€ |
| 1043 | Lucha Creative03547370 · Professional services | <0.1% | 39,655€ | -6.7% | 6,984€ | 17.6% | 1 | 1,915€ |
| 1044 | Tunik03116689 · Manufacturing | <0.1% | 39,642€ | +14.7% | -9,334€ | -23.5% | 2 | 695€ |
| 1045 | Restoran Jokića02696096 · Hospitality | <0.1% | 39,408€ | +9.3% | -2,045€ | -5.2% | 3 | 409€ |
| 1046 | Labud Transport03118231 · Transport & logistics | <0.1% | 39,318€ | +36.6% | -1,364€ | -3.5% | 2 | 855€ |
| 1047 | Eagle02952157 · Hospitality | <0.1% | 39,253€ | +3.0% | -1,374€ | -3.5% | 2 | 677€ |
| 1048 | Emendi02826330 · Personal services | <0.1% | 39,225€ | +11.9% | -14,365€ | -36.6% | 4 | 685€ |
| 1049 | Biznis Centar - Poslovni Inkubator Nikšić11033075 · Professional services | <0.1% | 39,098€ | -26.0% | 0€ | 0.0% | 2 | 1,197€ |
| 1050 | Vulanović PVC i Alu03734161 · Manufacturing | <0.1% | 38,866€ | No filing for 2024. | -4,791€ | -12.3% | 1 | 1,071€ |