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 1351–1400 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* |
|---|
| 1351 | Euroflash03420523 · Transport & logistics | <0.1% | 15,690€ | -15.8% | 6,821€ | 43.5% | 1 | — |
| 1352 | Kop-Design02833158 · Manufacturing | <0.1% | 15,687€ | +3.5% | 159€ | 1.0% | 1 | 674€ |
| 1353 | Hesoyam03669688 · Arts & entertainment | <0.1% | 15,681€ | +231.5% | 4,474€ | 28.5% | 1 | 337€ |
| 1354 | Avenija Wej03637417 · Hospitality | <0.1% | 15,669€ | +14.2% | 338€ | 2.2% | 1 | 675€ |
| 1355 | Bombastik - G03205908 · Trade | <0.1% | 15,561€ | +118.9% | 764€ | 4.9% | 1 | 956€ |
| 1356 | Magi Plus03702324 · Trade | <0.1% | 15,518€ | +2,427.4% | -4,204€ | -27.1% | 1 | 675€ |
| 1357 | Kimm-Tim02890194 · Professional services | <0.1% | 15,470€ | -28.3% | -4,095€ | -26.5% | 2 | 703€ |
| 1358 | Mićunović03386830 · Personal services | <0.1% | 15,164€ | +0.9% | 125€ | 0.8% | 1 | 675€ |
| 1359 | Zvicer03144127 · Manufacturing | <0.1% | 15,143€ | -20.0% | -30,593€ | -202.0% | 4 | 648€ |
| 1360 | Priroda i Društvo03598055 · Hospitality | <0.1% | 15,000€ | +42.9% | 2,979€ | 19.9% | 1 | 674€ |
| 1361 | Montexpress Group03073220 · Transport & logistics | <0.1% | 14,958€ | -47.2% | 605€ | 4.0% | 1 | — |
| 1362 | Dami NK03569225 · Trade | <0.1% | 14,955€ | +18.2% | -5,908€ | -39.5% | 1 | 732€ |
| 1363 | Pavićević Produkt03753689 · Hospitality | <0.1% | 14,946€ | No filing for 2024. | -5,787€ | -38.7% | 2 | 521€ |
| 1364 | Ćirović - Les02713284 · Manufacturing | <0.1% | 14,799€ | -26.9% | -105€ | -0.7% | 3 | — |
| 1365 | CVR-Caninus03135012 · Health & social care | <0.1% | 14,766€ | -9.5% | -1,144€ | -7.7% | 1 | 675€ |
| 1366 | Modni Frizerski Salon Ranka03716937 · Personal services | <0.1% | 14,759€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,980€ | -20.2% | 2 | 675€ |
| 1367 | Geotransport03721809 · Transport & logistics | <0.1% | 14,741€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 848€ | 5.8% | 1 | 720€ |
| 1368 | TCW Group Mne03645045 · Trade | <0.1% | 14,711€ | +122.4% | 1,212€ | 8.2% | 2 | — |
| 1369 | Cerovo Brdo03145140 · Hospitality | <0.1% | 14,698€ | +85.8% | 843€ | 5.7% | 1 | 678€ |
| 1370 | Senić Sistem Plus03499111 · Personal services | <0.1% | 14,568€ | +16.6% | 250€ | 1.7% | 3 | — |
| 1371 | Art-Kultivator03682374 · Trade | <0.1% | 14,532€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,541€ | -113.8% | 2 | 770€ |
| 1372 | Trigon Consulting03171264 · Professional services | <0.1% | 14,478€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,204€ | 49.8% | 1 | 450€ |
| 1373 | Mini Group NK03775267 · Manufacturing | <0.1% | 14,426€ | No filing for 2024. | 805€ | 5.6% | 2 | — |
| 1374 | Kiosk Sun03774988 · Trade | <0.1% | 14,268€ | No filing for 2024. | -1,027€ | -7.2% | 1 | 305€ |
| 1375 | Fast Connecting02397811 · Trade | <0.1% | 14,124€ | -11.3% | -1,211€ | -8.6% | 1 | 677€ |
| 1376 | Aetherion03783952 · Technology | <0.1% | 14,119€ | No filing for 2024. | 6,750€ | 47.8% | 1 | 460€ |
| 1377 | Zagrad03556913 · Hospitality | <0.1% | 14,115€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,652€ | -96.7% | 1 | 796€ |
| 1378 | Gerila Street03162907 · Hospitality | <0.1% | 14,085€ | -35.0% | -18,818€ | -133.6% | 3 | 718€ |
| 1379 | Vodeničar03344690 · Manufacturing | <0.1% | 14,056€ | +26.5% | 5,943€ | 42.3% | 1 | 333€ |
| 1380 | Mentons03550222 · Trade | <0.1% | 14,030€ | -33.3% | -1,118€ | -8.0% | 1 | 938€ |
| 1381 | Laka03711226 · Construction | <0.1% | 13,940€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,280€ | 9.2% | 1 | 947€ |
| 1382 | Bajović Kop03250431 · Construction | <0.1% | 13,910€ | -37.0% | -1,235€ | -8.9% | 1 | 669€ |
| 1383 | Initium Novum03668509 · Manufacturing | <0.1% | 13,822€ | +235.3% | -1,901€ | -13.8% | 1 | 1,261€ |
| 1384 | T3D Studio Print03706443 · Manufacturing | <0.1% | 13,735€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 220€ | 1.6% | 1 | 920€ |
| 1385 | Mar-Invest03047393 · Trade | <0.1% | 13,731€ | -27.3% | -846€ | -6.2% | 1 | 678€ |
| 1386 | Eduko Montesori03591921 · Education | <0.1% | 13,570€ | +127.1% | 817€ | 6.0% | 1 | 647€ |
| 1387 | Mijo Raičević02323656 · Professional services | <0.1% | 13,350€ | +57.1% | 1,040€ | 7.8% | 1 | 317€ |
| 1388 | Podbožur02792095 · Hospitality | <0.1% | 13,225€ | +3.6% | -352€ | -2.7% | 1 | 675€ |
| 1389 | Zed Audio03600092 · Arts & entertainment | <0.1% | 13,162€ | +0.6% | 2,622€ | 19.9% | 1 | 360€ |
| 1390 | Emd Ing03792226 · Professional services | <0.1% | 13,146€ | No filing for 2024. | -660€ | -5.0% | 1 | 394€ |
| 1391 | Durutović V&M Company03563570 · Construction | <0.1% | 13,144€ | +62.4% | 336€ | 2.6% | 2 | 531€ |
| 1392 | Fruit Fuel03763226 · Hospitality | <0.1% | 12,924€ | No filing for 2024. | 109€ | 0.8% | 2 | 383€ |
| 1393 | Art-Kolor02928361 · Construction | <0.1% | 12,899€ | +111.0% | 178€ | 1.4% | 1 | 679€ |
| 1394 | M Route03694968 · Professional services | <0.1% | 12,870€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -48,842€ | -379.5% | 6 | 667€ |
| 1395 | Librum02914263 · Education | <0.1% | 12,798€ | +26.5% | 72€ | 0.6% | 1 | 927€ |
| 1396 | Jović-1103583945 · Trade | <0.1% | 12,733€ | -24.9% | -7,903€ | -62.1% | 1 | 687€ |
| 1397 | Stojan Cerović02047063 · Education | <0.1% | 12,705€ | +11.6% | 10,083€ | 79.4% | 0 | — |
| 1398 | Žana02384019 · Trade | <0.1% | 12,690€ | +6.2% | -291€ | -2.3% | 2 | 302€ |
| 1399 | Balkanska Carica02341522 · Trade | <0.1% | 12,677€ | +22.2% | 800€ | 6.3% | 1 | 675€ |
| 1400 | Magellan Co03036049 · Professional services | <0.1% | 12,676€ | +47.5% | -1,647€ | -13.0% | 2 | 544€ |