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 1–50 of 453
* 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* |
|---|
| 1 | Osmanagić Co02293544 · Trade | 1.3% | 19,033,953€ | -13.6% | 1,533,803€ | 8.1% | 50 | 1,231€ |
| 2 | Roaming Montenegro02451336 · Trade | 1.1% | 15,575,227€ | +12.4% | 2,786,897€ | 17.9% | 20 | 2,389€ |
| 3 | Uno-NK02375885 · Trade | 0.8% | 11,867,349€ | -5.4% | 1,637,590€ | 13.8% | 160 | 864€ |
| 4 | Helada Mont02239027 · Trade | 0.8% | 11,648,746€ | +9.1% | 1,073,571€ | 9.2% | 106 | 1,076€ |
| 5 | Intersport Crna Gora03104214 · Trade | 0.6% | 9,031,838€ | +1.6% | 419,101€ | 4.6% | 85 | 978€ |
| 6 | Popović02276089 · Trade | 0.5% | 7,641,713€ | +15.4% | 328,962€ | 4.3% | 45 | 1,255€ |
| 7 | NTC02678187 · Trade | 0.4% | 5,846,379€ | -7.3% | 57,513€ | 1.0% | 35 | 1,233€ |
| 8 | Frigo Sistem02705826 · Trade | 0.4% | 5,240,484€ | +23.2% | 258,408€ | 4.9% | 13 | 2,034€ |
| 9 | Gvam Pharm02232189 · Trade | 0.3% | 5,132,875€ | +18.5% | 96,454€ | 1.9% | 29 | 1,382€ |
| 10 | Planika - Montenegro02085666 · Trade | 0.3% | 4,883,253€ | -1.5% | 645,305€ | 13.2% | 69 | 946€ |
| 11 | ML Company02420082 · Trade | 0.3% | 4,678,905€ | +72.1% | 308,038€ | 6.6% | 1 | 844€ |
| 12 | Luxor02328941 · Trade | 0.3% | 4,660,764€ | +10.9% | 504,661€ | 10.8% | 44 | 1,030€ |
| 13 | Amb Montepak02865262 · Trade | 0.3% | 4,548,747€ | +44.5% | 16,473€ | 0.4% | 1 | — |
| 14 | Baćović02273233 · Trade | 0.3% | 4,350,542€ | -0.4% | 64,897€ | 1.5% | 37 | 733€ |
| 15 | HRC03029034 · Trade | 0.3% | 4,037,306€ | +16.4% | 1,197,398€ | 29.7% | 65 | 1,347€ |
| 16 | Ramond02338599 · Trade | 0.2% | 3,598,610€ | +2.8% | 482,942€ | 13.4% | 23 | 1,293€ |
| 17 | Kit02051257 · Trade | 0.2% | 3,570,615€ | -9.8% | 55,692€ | 1.6% | 59 | 817€ |
| 18 | Promet-Montaža02289741 · Trade | 0.2% | 3,388,086€ | +7.5% | 32,202€ | 1.0% | 17 | 942€ |
| 19 | Z Petrol02923360 · Trade | 0.2% | 3,267,269€ | +3.1% | 53,854€ | 1.6% | 7 | 750€ |
| 20 | D&M Sistem03249786 · Trade | 0.2% | 3,172,526€ | +7.5% | 287,449€ | 9.1% | 9 | 1,141€ |
| 21 | Monte Parts02185202 · Trade | 0.2% | 3,154,167€ | +12.1% | 247,716€ | 7.9% | 29 | 1,011€ |
| 22 | Monteklas03257100 · Trade | 0.2% | 3,018,055€ | -1.5% | -8,986€ | -0.3% | 11 | 1,600€ |
| 23 | Vjenniko Petrol02873443 · Trade | 0.2% | 2,871,187€ | +5.3% | 23,736€ | 0.8% | 7 | 1,271€ |
| 24 | Slomark03055884 · Trade | 0.2% | 2,846,117€ | +3.8% | 242,694€ | 8.5% | 12 | 997€ |
| 25 | Temaso02657155 · Trade | 0.2% | 2,580,557€ | +30.0% | 210,505€ | 8.2% | 30 | 1,132€ |
| 26 | Jolly Commerce02343975 · Trade | 0.2% | 2,574,700€ | +4.6% | 144,806€ | 5.6% | 42 | 1,056€ |
| 27 | Drašković Auto03169219 · Trade | 0.2% | 2,448,086€ | +12.8% | 40,682€ | 1.7% | 1 | 338€ |
| 28 | Saće02317311 · Trade | 0.2% | 2,341,171€ | +20.2% | 221,276€ | 9.5% | 5 | 693€ |
| 29 | Mesara Bijelić02712075 · Trade | 0.2% | 2,297,414€ | +45.8% | 182,709€ | 8.0% | 20 | 783€ |
| 30 | Latković02204720 · Trade | 0.2% | 2,272,806€ | +18.3% | 127,453€ | 5.6% | 10 | 1,591€ |
| 31 | Elektro-Frigo02445832 · Trade | 0.1% | 2,213,589€ | +14.2% | 56,342€ | 2.5% | 20 | 753€ |
| 32 | Alp Trade03061108 · Trade | 0.1% | 1,983,213€ | +40.5% | 168,305€ | 8.5% | 9 | 1,386€ |
| 33 | Frigoline-MN03647692 · Trade | 0.1% | 1,969,068€ | +55.7% | 82,169€ | 4.2% | 1 | 1,383€ |
| 34 | Flexway Mne03625362 · Trade | 0.1% | 1,871,689€ | +12,889.7% | -326,024€ | -17.4% | 14 | 1,801€ |
| 35 | Taxi-Taxi02627060 · Trade | 0.1% | 1,849,729€ | -46.4% | 58,829€ | 3.2% | 2 | 541€ |
| 36 | Mazor02215233 · Trade | 0.1% | 1,812,588€ | +7.3% | 136,041€ | 7.5% | 7 | 1,244€ |
| 37 | Tuko02190885 · Trade | 0.1% | 1,754,053€ | -6.5% | 40,746€ | 2.3% | 7 | 820€ |
| 38 | Montex02768844 · Trade | 0.1% | 1,740,813€ | +787.7% | -534,182€ | -30.7% | 3 | 1,342€ |
| 39 | Perućica03228568 · Trade | 0.1% | 1,697,075€ | +37.3% | 17,665€ | 1.0% | 14 | 701€ |
| 40 | Hidro-Rad02946777 · Trade | 0.1% | 1,692,395€ | +50.3% | 22,668€ | 1.3% | 6 | 1,581€ |
| 41 | Uniprom Pharm02903954 · Trade | 0.1% | 1,674,962€ | +15.0% | -327,269€ | -19.5% | 12 | 2,218€ |
| 42 | Atlas Montenegro02889587 · Trade | 0.1% | 1,651,154€ | +58.4% | 79,094€ | 4.8% | 2 | 2,491€ |
| 43 | Citus02285410 · Trade | 0.1% | 1,636,205€ | -6.4% | 24,481€ | 1.5% | 36 | 844€ |
| 44 | Viking Komp02198142 · Trade | 0.1% | 1,625,619€ | +48.3% | 17,218€ | 1.1% | 5 | 790€ |
| 45 | Beorol Montenegro02918374 · Trade | 0.1% | 1,544,676€ | +5.2% | 32,887€ | 2.1% | 9 | 1,877€ |
| 46 | Niksal02076586 · Trade | 0.1% | 1,511,580€ | +25.8% | 113,883€ | 7.5% | 12 | 1,049€ |
| 47 | Pem Commerce02154943 · Trade | 0.1% | 1,492,656€ | -16.8% | 14,402€ | 1.0% | 4 | 922€ |
| 48 | Vigor02239205 · Trade | <0.1% | 1,436,998€ | +25.2% | 67,268€ | 4.7% | 6 | 1,920€ |
| 49 | Žega-Prom02275660 · Trade | <0.1% | 1,420,987€ | +13.6% | 209,117€ | 14.7% | 9 | 983€ |
| 50 | Trgotehna02075695 · Trade | <0.1% | 1,281,477€ | +11.6% | 73,087€ | 5.7% | 13 | 940€ |