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 301–350 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* |
|---|
| 301 | Tangram System03089142 · Professional services | <0.1% | 465,300€ | +18.8% | 53,338€ | 11.5% | 6 | 1,219€ |
| 302 | Dankom02451107 · Transport & logistics | <0.1% | 465,136€ | -40.2% | 3,932€ | 0.8% | 3 | 3,102€ |
| 303 | Elit M.M.R03222233 · Manufacturing | <0.1% | 461,946€ | -59.9% | 33,023€ | 7.1% | 11 | 707€ |
| 304 | Bijelić Company02924951 · Trade | <0.1% | 461,489€ | -13.1% | 75,586€ | 16.4% | 13 | 707€ |
| 305 | Falcon Com03008819 · Hospitality | <0.1% | 461,022€ | +1.4% | 7,704€ | 1.7% | 12 | 800€ |
| 306 | Efusion02704676 · Professional services | <0.1% | 457,249€ | +6.0% | 97,729€ | 21.4% | 9 | 1,887€ |
| 307 | Tim Mont03480828 · Manufacturing | <0.1% | 455,988€ | +142.9% | 120,030€ | 26.3% | 6 | 676€ |
| 308 | Vuk Dental03074030 · Trade | <0.1% | 453,170€ | +3.9% | 42,972€ | 9.5% | 3 | 1,213€ |
| 309 | Safe Harbor03587843 · Construction | <0.1% | 453,006€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 27,933€ | 6.2% | 1 | 332€ |
| 310 | Happy Dog02336847 · Trade | <0.1% | 448,465€ | -16.5% | 18,087€ | 4.0% | 4 | 1,825€ |
| 311 | Boje i Lakovi Dragović02760754 · Trade | <0.1% | 447,831€ | -8.1% | 10,009€ | 2.2% | 6 | 862€ |
| 312 | Mipe03096637 · Hospitality | <0.1% | 442,857€ | +12.6% | 25,965€ | 5.9% | 4 | — |
| 313 | Umk02659611 · Trade | <0.1% | 440,938€ | +35.2% | 4,946€ | 1.1% | 3 | 770€ |
| 314 | KTS03286959 · Professional services | <0.1% | 440,739€ | +4.9% | 124,227€ | 28.2% | 6 | 1,868€ |
| 315 | Zigma02093995 · Trade | <0.1% | 439,788€ | +18.3% | 57,583€ | 13.1% | 4 | 794€ |
| 316 | Revolucija Plus03244288 · Hospitality | <0.1% | 436,437€ | +19.4% | 32,696€ | 7.5% | 9 | 852€ |
| 317 | Melibao03310540 · Construction | <0.1% | 435,433€ | +18.7% | 120,139€ | 27.6% | 11 | 733€ |
| 318 | B4 Solution02998963 · Construction | <0.1% | 433,935€ | +8,639.9% | 174,996€ | 40.3% | 5 | 1,285€ |
| 319 | Monter Group03612023 · Construction | <0.1% | 432,758€ | +190.7% | 37,998€ | 8.8% | 8 | 1,050€ |
| 320 | Aniko Transport03454657 · Transport & logistics | <0.1% | 431,810€ | +53.3% | 20,519€ | 4.8% | 5 | 1,179€ |
| 321 | Larix02697025 · Trade | <0.1% | 430,294€ | +13.4% | -14,072€ | -3.3% | 6 | 777€ |
| 322 | Đerdan02638142 · Manufacturing | <0.1% | 428,231€ | +16.1% | 39,696€ | 9.3% | 12 | 980€ |
| 323 | Gradnja Inženjering02623617 · Professional services | <0.1% | 425,809€ | -20.0% | 11,314€ | 2.7% | 7 | 758€ |
| 324 | Auto Centar Avilon03629449 · Trade | <0.1% | 425,669€ | +81.4% | 19,751€ | 4.6% | 2 | 421€ |
| 325 | Grimbuilding03408906 · Trade | <0.1% | 425,481€ | -6.7% | 20,544€ | 4.8% | 1 | 940€ |
| 326 | Vučje02770156 · Hospitality | <0.1% | 424,845€ | +105.5% | -50,297€ | -11.8% | 8 | 1,171€ |
| 327 | Mim Dekor Art03311759 · Hospitality | <0.1% | 424,661€ | +30.7% | 11,743€ | 2.8% | 8 | 636€ |
| 328 | Atol-Commerce02255375 · Professional services | <0.1% | 423,739€ | +35.9% | 12,993€ | 3.1% | 4 | 1,754€ |
| 329 | Bogmerc Sjekloća03176550 · Trade | <0.1% | 423,197€ | +4.9% | 10,084€ | 2.4% | 2 | 437€ |
| 330 | Knjaz Home03559688 · Hospitality | <0.1% | 420,584€ | +19.9% | 17,560€ | 4.2% | 10 | 669€ |
| 331 | Zla Gora02247135 · Manufacturing | <0.1% | 419,933€ | +22.6% | 53,127€ | 12.7% | 14 | 689€ |
| 332 | Xenex02675447 · Trade | <0.1% | 418,029€ | -10.3% | 13,206€ | 3.2% | 17 | 582€ |
| 333 | Blues Brothers02956128 · Hospitality | <0.1% | 412,498€ | +10.7% | 100,391€ | 24.3% | 8 | 748€ |
| 334 | Sim - Mlek02660008 · Agriculture | <0.1% | 412,441€ | -23.7% | 19,460€ | 4.7% | 2 | 674€ |
| 335 | Šober-Prevoz02748762 · Transport & logistics | <0.1% | 411,313€ | +19.8% | 4,698€ | 1.1% | 5 | 972€ |
| 336 | Mićanović02324610 · Manufacturing | <0.1% | 409,357€ | -8.3% | -36,146€ | -8.8% | 3 | 964€ |
| 337 | Piazza03121992 · Hospitality | <0.1% | 406,940€ | +16.0% | 3,900€ | 1.0% | 11 | 714€ |
| 338 | Licon03408396 · Manufacturing | <0.1% | 406,162€ | +109.0% | 49,128€ | 12.1% | 2 | 703€ |
| 339 | Pekasa03125050 · Construction | <0.1% | 402,773€ | +48.0% | 26,437€ | 6.6% | 2 | 740€ |
| 340 | Perpex02791234 · Manufacturing | <0.1% | 400,309€ | -3.7% | 74,842€ | 18.7% | 4 | 811€ |
| 341 | Herbal Montenegro02950421 · Agriculture | <0.1% | 396,448€ | -24.3% | 25,766€ | 6.5% | 5 | 1,287€ |
| 342 | Nik Boje03179095 · Trade | <0.1% | 394,469€ | +6.0% | 12,660€ | 3.2% | 5 | 987€ |
| 343 | Increment Tech03224066 · Technology | <0.1% | 391,648€ | +23.1% | 47,336€ | 12.1% | 12 | 2,180€ |
| 344 | Teamwork03292894 · Technology | <0.1% | 391,368€ | +67.7% | 25,685€ | 6.6% | 3 | 866€ |
| 345 | Asb Estate Management03616380 · Hospitality | <0.1% | 391,326€ | +13.5% | 21,770€ | 5.6% | 9 | 928€ |
| 346 | Montex-Elektromont02137429 · Manufacturing | <0.1% | 391,009€ | +56.1% | 103,106€ | 26.4% | 10 | 1,111€ |
| 347 | Dis02059720 · Trade | <0.1% | 388,208€ | -7.0% | 24,137€ | 6.2% | 3 | 1,269€ |
| 348 | Panem03118401 · Hospitality | <0.1% | 387,943€ | +13.0% | 2,892€ | 0.7% | 15 | 1,023€ |
| 349 | Kos Cars03743454 · Trade | <0.1% | 385,246€ | No filing for 2024. | 5,862€ | 1.5% | 2 | 487€ |
| 350 | LTC Commerce03617122 · Trade | <0.1% | 385,091€ | +38,409.1% | 26,088€ | 6.8% | 1 | 449€ |