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 167
* 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 | Uniprom Hoteli02915022 · Hospitality | 0.4% | 5,702,132€ | +3.3% | 171,059€ | 3.0% | 144 | 1,326€ |
| 2 | Comp Comerc02055384 · Hospitality | 0.2% | 2,341,959€ | -9.4% | 12,104€ | 0.5% | 58 | 1,167€ |
| 3 | Globalis03158659 · Hospitality | 0.2% | 2,328,588€ | +0.2% | 405,634€ | 17.4% | 30 | 1,474€ |
| 4 | Debt Management Project i Montenegro02836688 · Hospitality | 0.1% | 2,210,333€ | +70.6% | 1,076,611€ | 48.7% | 2 | 2,011€ |
| 5 | Kastel Plus02814099 · Hospitality | <0.1% | 1,329,880€ | +11.1% | 54,440€ | 4.1% | 20 | 1,326€ |
| 6 | Golden Investment Group03313140 · Hospitality | <0.1% | 1,067,521€ | +67.6% | -442,419€ | -41.4% | 17 | 1,039€ |
| 7 | Agro Sistem Ana02911035 · Hospitality | <0.1% | 1,033,783€ | +123.9% | 190,184€ | 18.4% | 32 | 537€ |
| 8 | Piatto03353460 · Hospitality | <0.1% | 1,017,429€ | +34.6% | 96,712€ | 9.5% | 23 | 943€ |
| 9 | Regent Resort03407241 · Hospitality | <0.1% | 912,898€ | +105.2% | 210,026€ | 23.0% | 14 | 1,004€ |
| 10 | Export -Import VST Trend02330857 · Hospitality | <0.1% | 769,481€ | +3,862.7% | 628,847€ | 81.7% | 1 | 5,111€ |
| 11 | Manipe03450821 · Hospitality | <0.1% | 602,892€ | +28.3% | 28,321€ | 4.7% | 17 | 886€ |
| 12 | Error 40403349560 · Hospitality | <0.1% | 589,337€ | +41.8% | 164,822€ | 28.0% | 5 | 682€ |
| 13 | Đurići03177343 · Hospitality | <0.1% | 581,802€ | +10.6% | 110,215€ | 18.9% | 6 | 932€ |
| 14 | North Group03459853 · Hospitality | <0.1% | 531,945€ | +72.9% | 130,367€ | 24.5% | 5 | 1,007€ |
| 15 | Falcon Com03008819 · Hospitality | <0.1% | 461,022€ | +1.4% | 7,704€ | 1.7% | 12 | 800€ |
| 16 | Mipe03096637 · Hospitality | <0.1% | 442,857€ | +12.6% | 25,965€ | 5.9% | 4 | — |
| 17 | Revolucija Plus03244288 · Hospitality | <0.1% | 436,437€ | +19.4% | 32,696€ | 7.5% | 9 | 852€ |
| 18 | Vučje02770156 · Hospitality | <0.1% | 424,845€ | +105.5% | -50,297€ | -11.8% | 8 | 1,171€ |
| 19 | Mim Dekor Art03311759 · Hospitality | <0.1% | 424,661€ | +30.7% | 11,743€ | 2.8% | 8 | 636€ |
| 20 | Knjaz Home03559688 · Hospitality | <0.1% | 420,584€ | +19.9% | 17,560€ | 4.2% | 10 | 669€ |
| 21 | Blues Brothers02956128 · Hospitality | <0.1% | 412,498€ | +10.7% | 100,391€ | 24.3% | 8 | 748€ |
| 22 | Piazza03121992 · Hospitality | <0.1% | 406,940€ | +16.0% | 3,900€ | 1.0% | 11 | 714€ |
| 23 | Asb Estate Management03616380 · Hospitality | <0.1% | 391,326€ | +13.5% | 21,770€ | 5.6% | 9 | 928€ |
| 24 | Panem03118401 · Hospitality | <0.1% | 387,943€ | +13.0% | 2,892€ | 0.7% | 15 | 1,023€ |
| 25 | MSK-Group03602125 · Hospitality | <0.1% | 381,252€ | +22.8% | 17,973€ | 4.7% | 12 | 1,100€ |
| 26 | Voptik03410048 · Hospitality | <0.1% | 341,953€ | +77.2% | 19,414€ | 5.7% | 9 | 1,270€ |
| 27 | Velting02108402 · Hospitality | <0.1% | 326,935€ | -49.2% | 3,959€ | 1.2% | 19 | 509€ |
| 28 | Agro-Mils03061892 · Hospitality | <0.1% | 325,753€ | +37.4% | 31,061€ | 9.5% | 9 | 887€ |
| 29 | Propaganda03041174 · Hospitality | <0.1% | 291,627€ | +7.4% | -17,481€ | -6.0% | 9 | 701€ |
| 30 | M&M-No2803047121 · Hospitality | <0.1% | 290,770€ | +14.2% | 17,502€ | 6.0% | 5 | 1,189€ |
| 31 | Mijušković Company02330253 · Hospitality | <0.1% | 286,307€ | +2.2% | 24,449€ | 8.5% | 8 | 705€ |
| 32 | Koliba 1203764117 · Hospitality | <0.1% | 279,276€ | No filing for 2024. | 36,156€ | 12.9% | 13 | 499€ |
| 33 | Elmurst03356868 · Hospitality | <0.1% | 278,044€ | +62.7% | 24,096€ | 8.7% | 6 | 739€ |
| 34 | Aleks & Stef03079830 · Hospitality | <0.1% | 258,719€ | +14.2% | 7,743€ | 3.0% | 10 | 882€ |
| 35 | Kofein03295966 · Hospitality | <0.1% | 258,604€ | +1.6% | 13,231€ | 5.1% | 0 | — |
| 36 | Lucom03065332 · Hospitality | <0.1% | 255,143€ | -13.9% | 12,844€ | 5.0% | 3 | 1,318€ |
| 37 | Pasaž Montenegro03123600 · Hospitality | <0.1% | 239,833€ | +27.4% | 18,170€ | 7.6% | 6 | 860€ |
| 38 | Trim Line02929503 · Hospitality | <0.1% | 238,527€ | -1.6% | 3,057€ | 1.3% | 5 | 569€ |
| 39 | NB - Komerc03320456 · Hospitality | <0.1% | 225,786€ | +228.4% | 11,327€ | 5.0% | 4 | 863€ |
| 40 | Bonik-Group03462978 · Hospitality | <0.1% | 219,062€ | +40.6% | 2,682€ | 1.2% | 4 | 596€ |
| 41 | Roki JM03464130 · Hospitality | <0.1% | 213,649€ | -13.9% | 9,352€ | 4.4% | 4 | 1,398€ |
| 42 | Simulatte03587363 · Hospitality | <0.1% | 205,548€ | +17.2% | 13,554€ | 6.6% | 9 | 746€ |
| 43 | Positive Invest03552748 · Hospitality | <0.1% | 198,474€ | +5.8% | 1,614€ | 0.8% | 6 | 841€ |
| 44 | First Angolo03706605 · Hospitality | <0.1% | 196,070€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,138€ | 5.7% | 6 | 869€ |
| 45 | Oktoberfest03173470 · Hospitality | <0.1% | 190,234€ | +27.9% | 15,360€ | 8.1% | 7 | 670€ |
| 46 | An-Ri Invest03149234 · Hospitality | <0.1% | 188,151€ | +203.2% | 2,017€ | 1.1% | 6 | 787€ |
| 47 | 3 Max02448742 · Hospitality | <0.1% | 177,791€ | +16.8% | -13,999€ | -7.9% | 9 | 669€ |
| 48 | NNZ Group03710807 · Hospitality | <0.1% | 175,491€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,159€ | 0.7% | 6 | 711€ |
| 49 | M. Nikčević - Rio02097958 · Hospitality | <0.1% | 170,490€ | +54.1% | -14,943€ | -8.8% | 5 | 1,077€ |
| 50 | Magic Family03260119 · Hospitality | <0.1% | 164,365€ | +170.6% | 9,927€ | 6.0% | 6 | 787€ |