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 1501–1550 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* |
|---|
| 1501 | Amazon03326586 · Trade | <0.1% | 6,650€ | -51.9% | -10,573€ | -159.0% | 1 | 674€ |
| 1502 | Mib Logistika03783464 · Transport & logistics | <0.1% | 6,616€ | No filing for 2024. | 1,360€ | 20.6% | 1 | — |
| 1503 | Ekonomski Institut i Računovodstvo03788784 · Professional services | <0.1% | 6,610€ | No filing for 2024. | 1,098€ | 16.6% | 2 | — |
| 1504 | Verdig Ic03684890 · Technology | <0.1% | 6,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,493€ | 52.9% | 1 | — |
| 1505 | Ratko Žarić02001900 · Education | <0.1% | 6,587€ | -6.2% | 1,578€ | 24.0% | 0 | — |
| 1506 | Metodikus03276082 · Education | <0.1% | 6,530€ | +179.1% | 357€ | 5.5% | 1 | 471€ |
| 1507 | Drijen02733188 · Manufacturing | <0.1% | 6,511€ | +105.5% | -945€ | -14.5% | 1 | 313€ |
| 1508 | Monte Mark03782310 · Trade | <0.1% | 6,500€ | No filing for 2024. | 4,311€ | 66.3% | 1 | — |
| 1509 | Nikšić02385996 · Hospitality | <0.1% | 6,500€ | -14.6% | 0€ | 0.0% | 1 | — |
| 1510 | Lili Shop03639169 · Trade | <0.1% | 6,468€ | -26.0% | -8,297€ | -128.3% | 2 | 525€ |
| 1511 | Modni Magazin03371034 · Trade | <0.1% | 6,463€ | -17.8% | -15,173€ | -234.8% | 5 | 326€ |
| 1512 | Kids World03804763 · Trade | <0.1% | 6,460€ | No filing for 2024. | 3,986€ | 61.7% | 2 | — |
| 1513 | Pilates Room03786021 · Arts & entertainment | <0.1% | 6,430€ | No filing for 2024. | 1,535€ | 23.9% | 1 | — |
| 1514 | Garden Gold02663163 · Manufacturing | <0.1% | 6,419€ | +5.2% | -19,135€ | -298.1% | 2 | 680€ |
| 1515 | Gals Group03732134 · Personal services | <0.1% | 6,397€ | No filing for 2024. | -13,316€ | -208.2% | 1 | — |
| 1516 | Berkova Gradina03031691 · Transport & logistics | <0.1% | 6,379€ | -0.2% | 268€ | 4.2% | 1 | 338€ |
| 1517 | Pressing03117502 · Arts & entertainment | <0.1% | 6,254€ | +89.4% | -10,713€ | -171.3% | 2 | 394€ |
| 1518 | Javna Ustanova Ekonomsko-Ugostiteljska Škola Nikšić02047039 · Education | <0.1% | 6,250€ | +42.0% | 3,813€ | 61.0% | 1 | — |
| 1519 | Đoja03344193 · Trade | <0.1% | 6,248€ | +32.8% | -6,352€ | -101.7% | 1 | 675€ |
| 1520 | Sova Solutions03779289 · Professional services | <0.1% | 6,200€ | No filing for 2024. | 197€ | 3.2% | 1 | 447€ |
| 1521 | Elproms NK03102238 · Manufacturing | <0.1% | 6,130€ | -57.5% | -9,317€ | -152.0% | 2 | 379€ |
| 1522 | Jugovar03740625 · Manufacturing | <0.1% | 6,001€ | No filing for 2024. | -4,888€ | -81.5% | 0 | — |
| 1523 | Konstruktor Investment03052311 · Construction | <0.1% | 6,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,111€ | -168.5% | 1 | 590€ |
| 1524 | Pejović and Co03252400 · Hospitality | <0.1% | 5,950€ | +21.3% | -546€ | -9.2% | 1 | 380€ |
| 1525 | Gril Montenegrino03292746 · Hospitality | <0.1% | 5,875€ | +39.7% | -16,501€ | -280.9% | 4 | — |
| 1526 | Home Art Modellina03592782 · Manufacturing | <0.1% | 5,843€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,494€ | 42.7% | 1 | — |
| 1527 | Salon za Pse-Hugo03679705 · Personal services | <0.1% | 5,735€ | +409.8% | -4,529€ | -79.0% | 1 | 338€ |
| 1528 | Milija Nikčević02037980 · Education | <0.1% | 5,729€ | +37.7% | 2,312€ | 40.4% | 0 | — |
| 1529 | Energy Systems03480364 · Construction | <0.1% | 5,480€ | -83.6% | -3,526€ | -64.3% | 1 | 347€ |
| 1530 | M.D.T.02783312 · Trade | <0.1% | 5,449€ | +127.3% | -12,310€ | -225.9% | 1 | 799€ |
| 1531 | Elektro Cimpex03795390 · Construction | <0.1% | 5,386€ | No filing for 2024. | 221€ | 4.1% | 1 | 369€ |
| 1532 | Alexmobile03475352 · Personal services | <0.1% | 5,367€ | +37.6% | -3,059€ | -57.0% | 1 | 675€ |
| 1533 | Profi Com Poreski Savjetnici03667669 · Professional services | <0.1% | 5,300€ | +112.0% | 24€ | 0.5% | 1 | — |
| 1534 | Dakarije03066100 · Administrative services | <0.1% | 5,234€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,160€ | -41.3% | 1 | — |
| 1535 | Urke 202303787940 · Trade | <0.1% | 5,232€ | No filing for 2024. | -178€ | -3.4% | 0 | — |
| 1536 | RTV Servis VM03291979 · Personal services | <0.1% | 5,140€ | +35.8% | 40€ | 0.8% | 1 | 333€ |
| 1537 | Bim Kasalica03214001 · Trade | <0.1% | 5,064€ | -34.0% | -14,597€ | -288.3% | 2 | 678€ |
| 1538 | Permanent02712555 · Trade | <0.1% | 5,012€ | +5.7% | -1,955€ | -39.0% | 1 | 333€ |
| 1539 | Montprojekt02760657 · Construction | <0.1% | 5,000€ | -75.5% | 27€ | 0.5% | 1 | — |
| 1540 | North Aegean Mining and Engineering03256103 · Mining | <0.1% | 5,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,600€ | -452.0% | 1 | 1,958€ |
| 1541 | JS-Gama03013260 · Manufacturing | <0.1% | 4,955€ | -41.6% | 146€ | 2.9% | 1 | — |
| 1542 | Amara-122703803350 · Personal services | <0.1% | 4,947€ | No filing for 2024. | 285€ | 5.8% | 1 | — |
| 1543 | Turbo Tech03677338 · Trade | <0.1% | 4,864€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,271€ | -46.7% | 1 | 339€ |
| 1544 | Construction M&S Team03658503 · Construction | <0.1% | 4,820€ | +141.0% | -12,018€ | -249.3% | 1 | 678€ |
| 1545 | Herbs & Clay03173747 · Manufacturing | <0.1% | 4,775€ | -44.9% | 1,292€ | 27.1% | 1 | — |
| 1546 | Ramini Company02386887 · Mining | <0.1% | 4,703€ | -94.3% | -46,242€ | -983.2% | 2 | 719€ |
| 1547 | Codex Sport02907496 · Arts & entertainment | <0.1% | 4,632€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 73€ | 1.6% | 1 | 338€ |
| 1548 | Timer & Co03198235 · Education | <0.1% | 4,592€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,544€ | -77.2% | 0 | — |
| 1549 | House of Stars03675181 · Trade | <0.1% | 4,571€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,638€ | -101.5% | 1 | 674€ |
| 1550 | TSK Sea Lion03773388 · Personal services | <0.1% | 4,568€ | No filing for 2024. | 401€ | 8.8% | 1 | 328€ |