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 151–167 of 167
* 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* |
|---|
| 151 | Novello03802434 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,904€ | — | 2 | — |
| 152 | Sarić Street03800393 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,274€ | — | 0 | — |
| 153 | ZS - San02715112 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,617€ | — | 1 | 497€ |
| 154 | Oldtimer02650568 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 155 | NMG Company03788652 · Hospitality | 0.0% | 0€ | No filing for 2024. | -2,374€ | — | 0 | — |
| 156 | Stari Nikšić03111059 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,966€ | — | 1 | 664€ |
| 157 | RR130902987155 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,039€ | — | 1 | — |
| 158 | Imperatorska Kancelarija02977320 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,930€ | — | 1 | 675€ |
| 159 | Luxor Montagana03370739 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,084€ | — | 1 | 337€ |
| 160 | Nilović Racing03460193 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,183€ | — | 2 | 506€ |
| 161 | D- Vukićević Company03294307 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,055€ | — | 1 | — |
| 162 | Herakle03470717 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,823€ | — | 1 | — |
| 163 | Krnovo Oaza Resort03749304 · Hospitality | 0.0% | 0€ | No filing for 2024. | -9,234€ | — | 0 | — |
| 164 | NG02950391 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 165 | Swisslion Vukov Most03778274 · Hospitality | 0.0% | 0€ | No filing for 2024. | -3,717€ | — | 1 | — |
| 166 | Tampa Residence03715833 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,099€ | — | 1 | 717€ |
| 167 | Zeta Design03594408 · Hospitality | 0.0% | 0€ | -100.0% | -14,491€ | — | 2 | 591€ |