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 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* |
|---|
| 201 | Agencija za Projektovanje i Planiranje02668343 · Professional services | <0.1% | 807,600€ | +502.9% | 52,111€ | 6.5% | 49 | 1,195€ |
| 202 | Temko02046776 · Construction | <0.1% | 807,599€ | -17.8% | 12,390€ | 1.5% | 10 | 886€ |
| 203 | Vujović Sistem03288706 · Manufacturing | <0.1% | 804,934€ | +146.4% | 69,573€ | 8.6% | 11 | 911€ |
| 204 | RMD-Promet02959097 · Trade | <0.1% | 804,016€ | +11.4% | 5,462€ | 0.7% | 5 | 890€ |
| 205 | F i D E L i S03001245 · Trade | <0.1% | 799,625€ | +16.3% | 126,106€ | 15.8% | 3 | 885€ |
| 206 | Fibola02865467 · Trade | <0.1% | 798,703€ | +24.9% | 102,711€ | 12.9% | 10 | 768€ |
| 207 | Bonus02890950 · Arts & entertainment | <0.1% | 794,807€ | -38.0% | 4,197€ | 0.5% | 18 | 930€ |
| 208 | Loyal02770873 · Transport & logistics | <0.1% | 787,046€ | -2.8% | 87,064€ | 11.1% | 4 | 2,199€ |
| 209 | Eco 202403672085 · Transport & logistics | <0.1% | 786,794€ | +593.6% | 11,367€ | 1.4% | 25 | 435€ |
| 210 | Cat Cop03312151 · Construction | <0.1% | 784,767€ | +44.3% | 52,607€ | 6.7% | 7 | 1,819€ |
| 211 | Logos Pharm03427544 · Trade | <0.1% | 776,262€ | +27.9% | 24,099€ | 3.1% | 4 | 1,090€ |
| 212 | Infracon03722970 · Professional services | <0.1% | 773,688€ | No filing for 2024. | 46,980€ | 6.1% | 1 | 5,826€ |
| 213 | Export -Import VST Trend02330857 · Hospitality | <0.1% | 769,481€ | +3,862.7% | 628,847€ | 81.7% | 1 | 5,111€ |
| 214 | Mib Export02069482 · Transport & logistics | <0.1% | 767,122€ | +16.9% | 11,061€ | 1.4% | 7 | 1,393€ |
| 215 | Transport Baćović03277518 · Transport & logistics | <0.1% | 751,939€ | -22.1% | 42,000€ | 5.6% | 15 | 624€ |
| 216 | Radović Plus02134411 · Manufacturing | <0.1% | 748,164€ | +42.2% | 61,271€ | 8.2% | 16 | 703€ |
| 217 | Djurković - Co03054381 · Trade | <0.1% | 739,608€ | -6.1% | 47,538€ | 6.4% | 2 | 422€ |
| 218 | Rubeža02175584 · Trade | <0.1% | 735,862€ | +18.5% | 2,531€ | 0.3% | 8 | 872€ |
| 219 | Montenergo02722984 · Professional services | <0.1% | 729,231€ | +78.7% | 69,232€ | 9.5% | 4 | 1,877€ |
| 220 | Alvon - Group02986183 · Trade | <0.1% | 729,197€ | +18.7% | 19,533€ | 2.7% | 10 | 1,046€ |
| 221 | Kappa Star Recycling Montenegro03102882 · Energy, water & waste | <0.1% | 727,281€ | -10.7% | 15,598€ | 2.1% | 5 | 1,898€ |
| 222 | Elit - Com02694093 · Trade | <0.1% | 723,619€ | +23.1% | 138,173€ | 19.1% | 9 | 747€ |
| 223 | SKY Tours Montenegro02452502 · Administrative services | <0.1% | 723,011€ | +113.7% | 5,566€ | 0.8% | 1 | 8,744€ |
| 224 | Inmes-Mark02345838 · Manufacturing | <0.1% | 721,150€ | +36.6% | 23,506€ | 3.3% | 7 | 683€ |
| 225 | Superior Gradnja03395634 · Construction | <0.1% | 719,290€ | -65.6% | 29,626€ | 4.1% | 17 | 913€ |
| 226 | Tecon Montenegro02742438 · Trade | <0.1% | 716,763€ | +1,296.1% | 97,374€ | 13.6% | 4 | 736€ |
| 227 | Goldenwood02711311 · Manufacturing | <0.1% | 699,560€ | -22.8% | 71,226€ | 10.2% | 7 | 1,017€ |
| 228 | Deviz02253267 · Trade | <0.1% | 697,531€ | -0.4% | -3,423€ | -0.5% | 9 | 913€ |
| 229 | Grid Consultants03567885 · Professional services | <0.1% | 696,322€ | +44.6% | 43,526€ | 6.3% | 4 | 3,071€ |
| 230 | Mini-SS02831996 · Manufacturing | <0.1% | 690,721€ | +90.2% | 63,313€ | 9.2% | 35 | 516€ |
| 231 | Zi-Group03331202 · Transport & logistics | <0.1% | 688,272€ | -3.5% | 48,273€ | 7.0% | 5 | 1,743€ |
| 232 | Auto - Pass03046079 · Professional services | <0.1% | 688,112€ | +13.5% | 37,364€ | 5.4% | 4 | 756€ |
| 233 | SS&MT-Company03541126 · Manufacturing | <0.1% | 678,006€ | +32.9% | 83,974€ | 12.4% | 21 | 795€ |
| 234 | Atlantix Group02923815 · Professional services | <0.1% | 669,518€ | +59.5% | 10,847€ | 1.6% | 7 | 723€ |
| 235 | Nikšić-Prevoz02184338 · Transport & logistics | <0.1% | 665,404€ | +6.0% | 84,251€ | 12.7% | 14 | 838€ |
| 236 | Swap02959984 · Trade | <0.1% | 663,497€ | -49.2% | 15,606€ | 2.4% | 2 | 1,760€ |
| 237 | Milena i Mi02670216 · Trade | <0.1% | 661,205€ | -2.9% | 2,036€ | 0.3% | 10 | 466€ |
| 238 | Eventus03108112 · Professional services | <0.1% | 656,142€ | +25.3% | 203,155€ | 31.0% | 8 | 672€ |
| 239 | V Projekt02231395 · Construction | <0.1% | 651,781€ | +9.4% | 22,162€ | 3.4% | 11 | 1,054€ |
| 240 | Lučić02133857 · Transport & logistics | <0.1% | 642,932€ | +17.5% | 29,738€ | 4.6% | 8 | 1,343€ |
| 241 | Spark02118726 · Manufacturing | <0.1% | 642,555€ | -27.4% | 1,838€ | 0.3% | 26 | 801€ |
| 242 | Rock&Invest Mne03311180 · Construction | <0.1% | 639,081€ | +38.2% | 69,148€ | 10.8% | 6 | 2,720€ |
| 243 | Titanium03151662 · Energy, water & waste | <0.1% | 638,977€ | -4.9% | 4,620€ | 0.7% | 2 | 675€ |
| 244 | Mist Group03524990 · Trade | <0.1% | 637,935€ | +112.4% | 48,943€ | 7.7% | 2 | 677€ |
| 245 | Oktopod02090759 · Trade | <0.1% | 633,838€ | +3.7% | 8,719€ | 1.4% | 11 | 685€ |
| 246 | B-Ril Inženjering03627519 · Professional services | <0.1% | 633,736€ | +245.6% | 161,054€ | 25.4% | 5 | 1,781€ |
| 247 | Jasa Steel03305163 · Manufacturing | <0.1% | 631,413€ | +11.6% | 62,821€ | 9.9% | 5 | 4,371€ |
| 248 | Gorštak02147572 · Trade | <0.1% | 617,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 455,709€ | 73.9% | 1 | 788€ |
| 249 | Rah03291162 · Trade | <0.1% | 610,242€ | +26.4% | 59,704€ | 9.8% | 10 | 847€ |
| 250 | Auto Matrix03121569 · Professional services | <0.1% | 607,536€ | +3.9% | 11,137€ | 1.8% | 9 | 661€ |