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 401–450 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* |
|---|
| 401 | Frigo Electronics03177149 · Manufacturing | <0.1% | 325,456€ | +9.3% | -23,344€ | -7.2% | 4 | 1,414€ |
| 402 | Vujanović Company03411095 · Manufacturing | <0.1% | 324,894€ | +9.6% | 29,817€ | 9.2% | 3 | 2,032€ |
| 403 | Civil Craft Solution03691152 · Professional services | <0.1% | 322,926€ | +3,435.4% | 64,900€ | 20.1% | 1 | 1,305€ |
| 404 | Market Vujović03074382 · Trade | <0.1% | 321,042€ | -5.0% | 4,658€ | 1.5% | 5 | 688€ |
| 405 | Sunny Rays03548180 · Manufacturing | <0.1% | 319,499€ | +56.0% | 2,225€ | 0.7% | 5 | 462€ |
| 406 | Vuk Home Line03378411 · Manufacturing | <0.1% | 318,711€ | +373.9% | 20,700€ | 6.5% | 9 | 419€ |
| 407 | Breznamont03171876 · Professional services | <0.1% | 318,487€ | +28.5% | 2,516€ | 0.8% | 6 | 1,259€ |
| 408 | Al-Trade02385295 · Trade | <0.1% | 317,705€ | +15.5% | 5,932€ | 1.9% | 5 | 456€ |
| 409 | Karika Mne03165337 · Professional services | <0.1% | 317,313€ | +19.0% | 11,803€ | 3.7% | 4 | 776€ |
| 410 | Arhimont02976994 · Construction | <0.1% | 316,846€ | -7.4% | 24,097€ | 7.6% | 5 | 557€ |
| 411 | Aluma02978024 · Trade | <0.1% | 315,417€ | +61.4% | 26,156€ | 8.3% | 4 | 1,552€ |
| 412 | Windoor02984369 · Manufacturing | <0.1% | 314,682€ | +80.2% | 17,428€ | 5.5% | 25 | 805€ |
| 413 | MD Auto03117774 · Trade | <0.1% | 313,477€ | +42.3% | 6,719€ | 2.1% | 2 | 541€ |
| 414 | Svijet Ribolova02387280 · Trade | <0.1% | 312,344€ | +70.2% | 28,690€ | 9.2% | 4 | 997€ |
| 415 | Vin Energy03519040 · Trade | <0.1% | 311,895€ | +109.4% | 32,659€ | 10.5% | 1 | 883€ |
| 416 | Factorial03596419 · Manufacturing | <0.1% | 311,874€ | +199.8% | 8,910€ | 2.9% | 1 | — |
| 417 | Mat-Inox Profi03308472 · Manufacturing | <0.1% | 311,853€ | +38.0% | 27,806€ | 8.9% | 4 | 970€ |
| 418 | Diamond02364484 · Construction | <0.1% | 310,843€ | +10.0% | 3,240€ | 1.0% | 8 | 1,265€ |
| 419 | E N E L02255316 · Professional services | <0.1% | 309,833€ | +4.8% | 5,873€ | 1.9% | 2 | 1,957€ |
| 420 | Detoprojekt03421848 · Construction | <0.1% | 309,668€ | +48.1% | 2,070€ | 0.7% | 7 | 1,224€ |
| 421 | Rubik03000214 · Technology | <0.1% | 309,346€ | -3.7% | 34,218€ | 11.1% | 9 | 971€ |
| 422 | Migado02188660 · Trade | <0.1% | 309,278€ | -7.4% | 3,570€ | 1.2% | 14 | 624€ |
| 423 | Montego NK03065553 · Construction | <0.1% | 309,123€ | -9.7% | 9,597€ | 3.1% | 3 | 1,151€ |
| 424 | Oktan Company02761998 · Trade | <0.1% | 308,978€ | +41.1% | 11,339€ | 3.7% | 3 | 619€ |
| 425 | Demi Trade - Plus02351501 · Trade | <0.1% | 308,559€ | -28.2% | 4,828€ | 1.6% | 6 | 574€ |
| 426 | Bbliv Coop03395227 · Construction | <0.1% | 307,742€ | +39.3% | 11,082€ | 3.6% | 1 | 1,476€ |
| 427 | Ground Engineering02721619 · Construction | <0.1% | 306,493€ | +19.2% | 126,242€ | 41.2% | 8 | 1,136€ |
| 428 | Lake Fest03035441 · Arts & entertainment | <0.1% | 304,617€ | +2.1% | 20,536€ | 6.7% | 1 | 16,972€ |
| 429 | Dis Mne03057712 · Trade | <0.1% | 301,595€ | -17.3% | 12,606€ | 4.2% | 3 | 1,211€ |
| 430 | Druškan02936623 · Construction | <0.1% | 300,824€ | +12.5% | 22,673€ | 7.5% | 8 | 817€ |
| 431 | Lind - Com02750759 · Personal services | <0.1% | 298,501€ | -11.9% | 7,218€ | 2.4% | 3 | 1,066€ |
| 432 | Geostandard03222667 · Professional services | <0.1% | 294,609€ | +60.9% | 11,238€ | 3.8% | 8 | 2,040€ |
| 433 | Radus Lux03085171 · Trade | <0.1% | 292,735€ | +11.2% | 21,762€ | 7.4% | 3 | 914€ |
| 434 | Propaganda03041174 · Hospitality | <0.1% | 291,627€ | +7.4% | -17,481€ | -6.0% | 9 | 701€ |
| 435 | M&M-No2803047121 · Hospitality | <0.1% | 290,770€ | +14.2% | 17,502€ | 6.0% | 5 | 1,189€ |
| 436 | Centurion - NK Tim02686040 · Administrative services | <0.1% | 286,722€ | -24.7% | 5,469€ | 1.9% | 25 | 735€ |
| 437 | Mijušković Company02330253 · Hospitality | <0.1% | 286,307€ | +2.2% | 24,449€ | 8.5% | 8 | 705€ |
| 438 | Rovokop02734478 · Construction | <0.1% | 283,425€ | -3.0% | 22,752€ | 8.0% | 3 | 1,031€ |
| 439 | Mlin - Produkt03098630 · Trade | <0.1% | 283,297€ | +50.6% | 3,736€ | 1.3% | 2 | 725€ |
| 440 | Agro-Mil02871289 · Agriculture | <0.1% | 282,382€ | -10.0% | 11,885€ | 4.2% | 2 | 940€ |
| 441 | Koliba 1203764117 · Hospitality | <0.1% | 279,276€ | No filing for 2024. | 36,156€ | 12.9% | 13 | 499€ |
| 442 | Rma Inženjering03197174 · Professional services | <0.1% | 278,294€ | +81.6% | 131,335€ | 47.2% | 5 | 1,182€ |
| 443 | Elmurst03356868 · Hospitality | <0.1% | 278,044€ | +62.7% | 24,096€ | 8.7% | 6 | 739€ |
| 444 | Tampa Group03459713 · Trade | <0.1% | 278,039€ | +56.6% | 42,790€ | 15.4% | 1 | 675€ |
| 445 | Annabella02399997 · Manufacturing | <0.1% | 277,581€ | -10.7% | 9,237€ | 3.3% | 5 | 551€ |
| 446 | Art Remedia02811103 · Manufacturing | <0.1% | 276,750€ | +24.8% | 41,262€ | 14.9% | 3 | 1,173€ |
| 447 | Vujačić Transport03662888 · Transport & logistics | <0.1% | 276,093€ | +430.0% | 51,589€ | 18.7% | 2 | 1,745€ |
| 448 | Konačno03032337 · Trade | <0.1% | 275,960€ | +13.4% | 306€ | 0.1% | 3 | 677€ |
| 449 | F.M. Agency03705323 · Administrative services | <0.1% | 275,197€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -780€ | -0.3% | 2 | 11,373€ |
| 450 | Čvorović02851865 · Transport & logistics | <0.1% | 273,233€ | +19.0% | 5,720€ | 2.1% | 4 | 1,333€ |