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 1451–1500 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* |
|---|
| 1451 | Kancelarija za Administrativno Pravne Usluge-Vušović03400069 · Administrative services | <0.1% | 9,279€ | +8.7% | -879€ | -9.5% | 1 | 731€ |
| 1452 | Termo-Frost03527565 · Construction | <0.1% | 9,205€ | -55.0% | -2,226€ | -24.2% | 1 | 675€ |
| 1453 | Getmont03064131 · Trade | <0.1% | 9,186€ | +12.0% | -4,210€ | -45.8% | 1 | 764€ |
| 1454 | GRC03768813 · Construction | <0.1% | 9,163€ | No filing for 2024. | 4,645€ | 50.7% | 1 | — |
| 1455 | Wolves W03260097 · Agriculture | <0.1% | 9,127€ | -43.9% | -9,115€ | -99.9% | 1 | 675€ |
| 1456 | Ugomont02803089 · Hospitality | <0.1% | 9,054€ | +56.6% | 1,059€ | 11.7% | 1 | — |
| 1457 | Vučedolac02777100 · Transport & logistics | <0.1% | 8,994€ | -0.8% | 2,139€ | 23.8% | 1 | 480€ |
| 1458 | Bavera Radišić03322963 · Health & social care | <0.1% | 8,970€ | +105.7% | 1,894€ | 21.1% | 1 | 369€ |
| 1459 | Roterdam03727688 · Hospitality | <0.1% | 8,966€ | No filing for 2024. | -7,978€ | -89.0% | 0 | — |
| 1460 | Zlatna Gora Izdavaštvo / Zlatna Gora Publishing03276066 · Arts & entertainment | <0.1% | 8,951€ | +104.8% | 2,840€ | 31.7% | 1 | 448€ |
| 1461 | Balkan M&M03107221 · Transport & logistics | <0.1% | 8,932€ | -90.1% | 3,340€ | 37.4% | 0 | — |
| 1462 | Pčelarstvo Bulatović03654443 · Manufacturing | <0.1% | 8,841€ | -33.1% | 29€ | 0.3% | 1 | 338€ |
| 1463 | Dijes02972417 · Trade | <0.1% | 8,825€ | -25.4% | -4,838€ | -54.8% | 1 | 688€ |
| 1464 | Barijera NK03788512 · Administrative services | <0.1% | 8,770€ | No filing for 2024. | 1,438€ | 16.4% | 0 | — |
| 1465 | Lazarius Trade 1903704718 · Trade | <0.1% | 8,731€ | +1,538.1% | -2,560€ | -29.3% | 1 | 800€ |
| 1466 | Zvicer Ces03181111 · Professional services | <0.1% | 8,699€ | -50.6% | -8,946€ | -102.8% | 1 | 677€ |
| 1467 | Čarolija - MN02968690 · Arts & entertainment | <0.1% | 8,682€ | +47.9% | 277€ | 3.2% | 1 | 631€ |
| 1468 | Astacus02963701 · Hospitality | <0.1% | 8,645€ | +8.9% | -8,387€ | -97.0% | 2 | 592€ |
| 1469 | Status Beauty Corner03786323 · Trade | <0.1% | 8,631€ | No filing for 2024. | 2,712€ | 31.4% | 2 | — |
| 1470 | Ijma03539571 · Trade | <0.1% | 8,573€ | -36.5% | -6,642€ | -77.5% | 1 | 675€ |
| 1471 | Mashana03702367 · Trade | <0.1% | 8,457€ | +1,746.5% | -5,654€ | -66.9% | 2 | 509€ |
| 1472 | Pejaković03094448 · Manufacturing | <0.1% | 8,445€ | -30.8% | -5,590€ | -66.2% | 1 | 675€ |
| 1473 | JR Company03401111 · Trade | <0.1% | 8,430€ | +12.1% | -46€ | -0.5% | 1 | 675€ |
| 1474 | Delibašić Auto Group03735516 · Trade | <0.1% | 8,317€ | No filing for 2024. | -11,067€ | -133.1% | 1 | 1,610€ |
| 1475 | Floor Max03771954 · Construction | <0.1% | 8,296€ | No filing for 2024. | -477€ | -5.7% | 1 | 334€ |
| 1476 | Nolio03792641 · Personal services | <0.1% | 8,254€ | No filing for 2024. | 2,408€ | 29.2% | 1 | 303€ |
| 1477 | Radojičić Trade03756858 · Trade | <0.1% | 8,211€ | No filing for 2024. | -842€ | -10.3% | 1 | — |
| 1478 | Lucija NK03265358 · Trade | <0.1% | 8,186€ | +15.5% | -584€ | -7.1% | 1 | 338€ |
| 1479 | Mliječni Kutak03454274 · Manufacturing | <0.1% | 8,167€ | +3.6% | -4,015€ | -49.2% | 1 | 1,006€ |
| 1480 | Rasterhouse Studio03794601 · Professional services | <0.1% | 8,155€ | No filing for 2024. | 4,009€ | 49.2% | 1 | — |
| 1481 | Brezanski Lug03559670 · Hospitality | <0.1% | 8,150€ | +636.9% | -1,932€ | -23.7% | 1 | 812€ |
| 1482 | Tek - Kop03288951 · Transport & logistics | <0.1% | 7,960€ | -53.2% | -4,219€ | -53.0% | 1 | 675€ |
| 1483 | Javna Ustanova Prva Srednja Stručna Škola - Nikšić02047055 · Education | <0.1% | 7,856€ | +60.7% | 7,149€ | 91.0% | 0 | — |
| 1484 | Savremeni Tepih Servis03334554 · Personal services | <0.1% | 7,839€ | -4.4% | -939€ | -12.0% | 1 | 339€ |
| 1485 | Ralex Print03769402 · Manufacturing | <0.1% | 7,828€ | No filing for 2024. | 2,279€ | 29.1% | 1 | — |
| 1486 | Lympharm03686795 · Manufacturing | <0.1% | 7,793€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,739€ | 35.1% | 1 | — |
| 1487 | Home For Friends03276180 · Hospitality | <0.1% | 7,612€ | +57.0% | -3,241€ | -42.6% | 1 | 540€ |
| 1488 | Udruženje za Pomoć i Podršku Osobama sa Cističnom Fibrozom Crne Gore11027806 · Public & nonprofit | <0.1% | 7,600€ | No filing for 2024. | 0€ | 0.0% | 0 | — |
| 1489 | Miljanić Gradnja03296440 · Construction | <0.1% | 7,515€ | +92.4% | -43,227€ | -575.2% | 5 | 599€ |
| 1490 | Mr.Ippon03695069 · Arts & entertainment | <0.1% | 7,490€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,231€ | 16.4% | 1 | — |
| 1491 | Beauty Studio Im03613356 · Personal services | <0.1% | 7,474€ | -25.3% | -6,727€ | -90.0% | 1 | 868€ |
| 1492 | Bosa03678342 · Personal services | <0.1% | 7,456€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -933€ | -12.5% | 1 | 679€ |
| 1493 | MG Sport02425297 · Trade | <0.1% | 7,365€ | -46.8% | -3,582€ | -48.6% | 1 | 377€ |
| 1494 | DMVM03283569 · Trade | <0.1% | 7,239€ | +33.5% | -4,289€ | -59.2% | 1 | 340€ |
| 1495 | Brvnara Trade03049540 · Trade | <0.1% | 7,101€ | -45.6% | -4,845€ | -68.2% | 1 | 591€ |
| 1496 | Čorbica03463214 · Hospitality | <0.1% | 7,072€ | -59.3% | -13,093€ | -185.1% | 1 | 787€ |
| 1497 | Klima Servis Uskok03803341 · Construction | <0.1% | 7,050€ | No filing for 2024. | 6,265€ | 88.9% | 1 | — |
| 1498 | Mia Beauty03314146 · Personal services | <0.1% | 6,875€ | -12.0% | -2€ | -0.0% | 1 | 338€ |
| 1499 | Panelis03786633 · Trade | <0.1% | 6,848€ | No filing for 2024. | -1,864€ | -27.2% | 1 | — |
| 1500 | Mistero Beauty03757854 · Personal services | <0.1% | 6,675€ | No filing for 2024. | 181€ | 2.7% | 1 | 444€ |