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 251–300 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* |
|---|
| 251 | Nik-Plast02662604 · Manufacturing | <0.1% | 606,130€ | +119.5% | 95,645€ | 15.8% | 6 | 800€ |
| 252 | Capital Trade Mne02807629 · Transport & logistics | <0.1% | 604,591€ | +2.4% | 118,582€ | 19.6% | 10 | 1,501€ |
| 253 | Manipe03450821 · Hospitality | <0.1% | 602,892€ | +28.3% | 28,321€ | 4.7% | 17 | 886€ |
| 254 | Sveti Nikola02158477 · Energy, water & waste | <0.1% | 602,758€ | +3.8% | 17,110€ | 2.8% | 7 | 644€ |
| 255 | Superlab03023567 · Trade | <0.1% | 599,320€ | +10.7% | 49,235€ | 8.2% | 5 | 1,643€ |
| 256 | DM Prom03076539 · Manufacturing | <0.1% | 597,397€ | +60.4% | 75,499€ | 12.6% | 5 | 383€ |
| 257 | Elmark Montenegro02721821 · Trade | <0.1% | 593,979€ | +21.3% | 55,609€ | 9.4% | 4 | 1,096€ |
| 258 | Error 40403349560 · Hospitality | <0.1% | 589,337€ | +41.8% | 164,822€ | 28.0% | 5 | 682€ |
| 259 | Đurići03177343 · Hospitality | <0.1% | 581,802€ | +10.6% | 110,215€ | 18.9% | 6 | 932€ |
| 260 | Jaguar NK Plus03226298 · Trade | <0.1% | 577,819€ | -12.7% | 83,174€ | 14.4% | 2 | 704€ |
| 261 | Ingenious Mne03342867 · Professional services | <0.1% | 576,749€ | -77.5% | 16,221€ | 2.8% | 10 | 2,245€ |
| 262 | Alkom - Trade02278677 · Transport & logistics | <0.1% | 574,041€ | +18.7% | 3,248€ | 0.6% | 5 | 3,051€ |
| 263 | Pjastera02095297 · Manufacturing | <0.1% | 569,586€ | +8.3% | 5,367€ | 0.9% | 16 | 715€ |
| 264 | Renault Rent A Car02364956 · Administrative services | <0.1% | 568,132€ | +22.3% | 22,312€ | 3.9% | 4 | 1,028€ |
| 265 | Glunex02062593 · Transport & logistics | <0.1% | 567,573€ | +19.8% | 128,330€ | 22.6% | 8 | 1,513€ |
| 266 | Tomanović-MP02878569 · Transport & logistics | <0.1% | 567,315€ | +46.7% | 8,627€ | 1.5% | 9 | 1,141€ |
| 267 | Veterinar02188503 · Trade | <0.1% | 564,718€ | +24.3% | 22,167€ | 3.9% | 6 | 623€ |
| 268 | Euro Truck02397269 · Transport & logistics | <0.1% | 563,423€ | -0.6% | 11,601€ | 2.1% | 4 | 3,861€ |
| 269 | Mi - Rai Inženjering03131246 · Manufacturing | <0.1% | 561,000€ | +51.6% | 5,920€ | 1.1% | 18 | 732€ |
| 270 | Tercet Pak03404498 · Manufacturing | <0.1% | 558,821€ | +23.5% | 57,319€ | 10.3% | 5 | 1,725€ |
| 271 | Arka02372363 · Administrative services | <0.1% | 555,264€ | +24.1% | 1,495€ | 0.3% | 2 | 587€ |
| 272 | Inovatic02727129 · Trade | <0.1% | 543,286€ | +36.1% | 194,125€ | 35.7% | 3 | 604€ |
| 273 | MMR Gradnja03737616 · Construction | <0.1% | 538,981€ | No filing for 2024. | -17,576€ | -3.3% | 17 | 657€ |
| 274 | SL Montenegro02796732 · Manufacturing | <0.1% | 537,534€ | -24.3% | 43,366€ | 8.1% | 7 | 1,416€ |
| 275 | North Group03459853 · Hospitality | <0.1% | 531,945€ | +72.9% | 130,367€ | 24.5% | 5 | 1,007€ |
| 276 | Lemajić Co02669790 · Trade | <0.1% | 525,117€ | +75.2% | 129,423€ | 24.6% | 9 | 787€ |
| 277 | Lib Sistem03250407 · Trade | <0.1% | 524,646€ | +31.3% | 52,161€ | 9.9% | 3 | 1,123€ |
| 278 | Božović Logistics03463621 · Transport & logistics | <0.1% | 519,300€ | +14.8% | 55,426€ | 10.7% | 3 | 709€ |
| 279 | Arhitektonika02904241 · Professional services | <0.1% | 516,757€ | +63.6% | 53,059€ | 10.3% | 9 | 1,142€ |
| 280 | Lupex NK03368254 · Manufacturing | <0.1% | 516,388€ | +23.0% | 60,384€ | 11.7% | 22 | 568€ |
| 281 | Minipek02249294 · Manufacturing | <0.1% | 515,171€ | -1.9% | 4,113€ | 0.8% | 12 | 816€ |
| 282 | Tehno Baza02001799 · Transport & logistics | <0.1% | 514,950€ | +15.5% | 37,246€ | 7.2% | 20 | 1,188€ |
| 283 | MND Mišeljić02375150 · Trade | <0.1% | 511,468€ | -1.6% | 39,887€ | 7.8% | 6 | 801€ |
| 284 | Hiron Creative Lab03256634 · Manufacturing | <0.1% | 507,978€ | +8.1% | 15,217€ | 3.0% | 13 | 875€ |
| 285 | Ađi Invest02977982 · Construction | <0.1% | 507,532€ | +7.2% | 31,090€ | 6.1% | 7 | 1,585€ |
| 286 | Star -Šped Labudović02311488 · Trade | <0.1% | 505,090€ | +14.1% | 33,079€ | 6.5% | 8 | 593€ |
| 287 | Ras Press02304678 · Manufacturing | <0.1% | 503,625€ | -2.2% | 67,054€ | 13.3% | 5 | 874€ |
| 288 | Vima02925559 · Trade | <0.1% | 501,513€ | +38.7% | -8,402€ | -1.7% | 5 | 510€ |
| 289 | Grape Devel03546721 · Trade | <0.1% | 494,482€ | +69.4% | 81,599€ | 16.5% | 1 | 1,239€ |
| 290 | Art-Grafika02280736 · Manufacturing | <0.1% | 493,241€ | -1.8% | 87,416€ | 17.7% | 8 | 717€ |
| 291 | TJ - Jokić Transport03292223 · Transport & logistics | <0.1% | 492,290€ | +19.4% | 39,887€ | 8.1% | 4 | 2,087€ |
| 292 | Automatika02811367 · Professional services | <0.1% | 474,188€ | +79.0% | 25,458€ | 5.4% | 2 | 751€ |
| 293 | RV-Metal03183050 · Trade | <0.1% | 473,856€ | +9.1% | 4,616€ | 1.0% | 1 | 933€ |
| 294 | Sap02983265 · Administrative services | <0.1% | 471,955€ | -6.5% | 2,332€ | 0.5% | 3 | 1,015€ |
| 295 | Helada - Lux02732734 · Construction | <0.1% | 471,737€ | +13.6% | 5,229€ | 1.1% | 10 | 1,286€ |
| 296 | Montelada S & B02324369 · Trade | <0.1% | 470,913€ | +148.2% | 6,129€ | 1.3% | 6 | 686€ |
| 297 | V&L Trans03091791 · Transport & logistics | <0.1% | 470,149€ | +8.1% | 23,308€ | 5.0% | 5 | 1,488€ |
| 298 | Balbo-Radulović02222558 · Manufacturing | <0.1% | 469,280€ | +10.3% | 4,156€ | 0.9% | 16 | 662€ |
| 299 | Timkom03057640 · Transport & logistics | <0.1% | 466,412€ | +25.4% | 1,998€ | 0.4% | 4 | 2,614€ |
| 300 | Tea - Trans03668142 · Transport & logistics | <0.1% | 466,164€ | +622.0% | 36,808€ | 7.9% | 8 | 1,625€ |