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 201–250 of 258
* 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* |
|---|
| 201 | Art Jošanović02888483 · Manufacturing | <0.1% | 11,182€ | +70.7% | 382€ | 3.4% | 1 | 678€ |
| 202 | Duga Toys '2103750191 · Manufacturing | <0.1% | 10,537€ | No filing for 2024. | 242€ | 2.3% | 1 | 507€ |
| 203 | Biljana Lab03601242 · Manufacturing | <0.1% | 10,468€ | -16.7% | 25€ | 0.2% | 1 | 338€ |
| 204 | Pčelarstvo Bulatović03654443 · Manufacturing | <0.1% | 8,841€ | -33.1% | 29€ | 0.3% | 1 | 338€ |
| 205 | Pejaković03094448 · Manufacturing | <0.1% | 8,445€ | -30.8% | -5,590€ | -66.2% | 1 | 675€ |
| 206 | Mliječni Kutak03454274 · Manufacturing | <0.1% | 8,167€ | +3.6% | -4,015€ | -49.2% | 1 | 1,006€ |
| 207 | Ralex Print03769402 · Manufacturing | <0.1% | 7,828€ | No filing for 2024. | 2,279€ | 29.1% | 1 | — |
| 208 | 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 | — |
| 209 | Drijen02733188 · Manufacturing | <0.1% | 6,511€ | +105.5% | -945€ | -14.5% | 1 | 313€ |
| 210 | Garden Gold02663163 · Manufacturing | <0.1% | 6,419€ | +5.2% | -19,135€ | -298.1% | 2 | 680€ |
| 211 | Elproms NK03102238 · Manufacturing | <0.1% | 6,130€ | -57.5% | -9,317€ | -152.0% | 2 | 379€ |
| 212 | Jugovar03740625 · Manufacturing | <0.1% | 6,001€ | No filing for 2024. | -4,888€ | -81.5% | 0 | — |
| 213 | 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 | — |
| 214 | JS-Gama03013260 · Manufacturing | <0.1% | 4,955€ | -41.6% | 146€ | 2.9% | 1 | — |
| 215 | Herbs & Clay03173747 · Manufacturing | <0.1% | 4,775€ | -44.9% | 1,292€ | 27.1% | 1 | — |
| 216 | RD Metaloprerada03328708 · Manufacturing | <0.1% | 3,840€ | -72.4% | -6,455€ | -168.1% | 1 | 670€ |
| 217 | Braća Daković03702910 · Manufacturing | <0.1% | 3,655€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,089€ | -166.6% | 1 | 675€ |
| 218 | Krojački Salon Marina03767027 · Manufacturing | <0.1% | 3,563€ | No filing for 2024. | -1,616€ | -45.4% | 1 | 364€ |
| 219 | V & M Sistems02326515 · Manufacturing | <0.1% | 3,561€ | -93.2% | -11,428€ | -320.9% | 1 | 678€ |
| 220 | Vuma03798461 · Manufacturing | <0.1% | 2,791€ | No filing for 2024. | -2,727€ | -97.7% | 2 | — |
| 221 | Montsilver Co02346907 · Manufacturing | <0.1% | 2,487€ | -62.6% | -1,111€ | -44.7% | 1 | — |
| 222 | Snaga Stakla03802990 · Manufacturing | <0.1% | 2,000€ | No filing for 2024. | 839€ | 41.9% | 1 | — |
| 223 | Fashion Murišić03036154 · Manufacturing | <0.1% | 1,672€ | -40.3% | -3,224€ | -192.8% | 1 | 354€ |
| 224 | Bojica Art03300099 · Manufacturing | <0.1% | 1,652€ | -21.6% | 39€ | 2.4% | 1 | — |
| 225 | MJB03581446 · Manufacturing | <0.1% | 1,116€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,102€ | -815.6% | 1 | — |
| 226 | Perović Metali03795497 · Manufacturing | <0.1% | 1,056€ | No filing for 2024. | -677€ | -64.1% | 0 | — |
| 227 | Blagojević02262380 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,276€ | — | 1 | 338€ |
| 228 | Destilerija Mijanović03316181 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -2,058€ | — | 1 | — |
| 229 | Dit Duga Plus03784452 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -2,769€ | — | 1 | — |
| 230 | Aluminum Centar Montenegro03419061 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,911,214€ | — | 1 | — |
| 231 | Art Time03804364 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -768€ | — | 0 | — |
| 232 | Djerdan03809226 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -199€ | — | 1 | — |
| 233 | Lakisan03592987 · Manufacturing | 0.0% | 0€ | -100.0% | -8,314€ | — | 1 | 675€ |
| 234 | Montech Innovation03589285 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,243€ | — | 1 | 928€ |
| 235 | NK-Product03706800 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,121€ | — | 1 | 677€ |
| 236 | Red Bauxite03663868 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,161€ | — | 1 | — |
| 237 | Tamisa02830973 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,231€ | — | 2 | 675€ |
| 238 | Uniprom Metali Bauxite03419266 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,856€ | — | 1 | — |
| 239 | Zlatna Kašika03355357 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,121€ | — | 1 | — |
| 240 | Rudex Company02287803 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 241 | Košnice Tadić03757722 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -3,571€ | — | 1 | — |
| 242 | Tradicionalna Domaća Pekara03113868 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,061€ | — | 1 | — |
| 243 | Tri Brata03574318 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,329€ | — | 1 | — |
| 244 | Good-Wood03018792 · Manufacturing | 0.0% | 0€ | -100.0% | -4,070€ | — | 1 | 339€ |
| 245 | MP Vukadinović03721426 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 246 | Uni Metal03008274 · Manufacturing | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 247 | Planet Fresh03131815 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,051€ | — | 1 | 338€ |
| 248 | Made For You03392198 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 249 | Jugopek - Zečević02966344 · Manufacturing | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 250 | Kamenolom02304163 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |