Revenue
1.3% of Montenegro's revenue
499 companies earned 227.92m€ in 2025, 1.3% of all company revenue in Montenegro. It ranks 12 of 25 municipalities by revenue. Revenue has grown 1.9× since 2015.
1.3% of Montenegro's revenue
20.7 per 1,000 residents · Montenegro 57.3
Largest employer: Rudnik Uglja (1,113)
Total profit: 157,958€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 118,114,526€ | 331 |
| 2016 | 107,254,530€ | 356 |
| 2017 | 125,403,201€ | 378 |
| 2018 | 129,015,523€ | 399 |
| 2019 | 127,678,759€ | 415 |
| 2020 | 130,240,039€ | 440 |
| 2021 | 138,177,042€ | 452 |
| 2022 | 178,865,306€ | 468 |
| 2023 | 206,876,288€ | 474 |
| 2024 | 214,760,497€ | 495 |
| 2025 (Preliminary) | 227,924,695€ | 499 |
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 51–100 of 499
* 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* |
|---|
| 51 | Srednja Stručna Škola02009897 · Education | 0.3% | 686,473€ | +13.4% | 9,724€ | 1.4% | 30 | 1,051€ |
| 52 | In Exclusive02683750 · Professional services | 0.3% | 673,057€ | +43.0% | 49,680€ | 7.4% | 18 | 789€ |
| 53 | PV-Trans03120554 · Transport & logistics | 0.3% | 668,440€ | +1.5% | 73,865€ | 11.1% | 7 | 3,040€ |
| 54 | Poto S 2103352846 · Trade | 0.3% | 664,604€ | -3.6% | 32,722€ | 4.9% | 4 | 693€ |
| 55 | Autoservis Knežević02455013 · Trade | 0.3% | 659,007€ | +22.5% | 6,215€ | 0.9% | 16 | 706€ |
| 56 | Komunalne Usluge02731649 · Personal services | 0.3% | 656,083€ | -4.3% | -13,738€ | -2.1% | 29 | 1,033€ |
| 57 | Grijanje02760592 · Energy, water & waste | 0.3% | 641,861€ | +4.3% | -11,911€ | -1.9% | 33 | 1,129€ |
| 58 | Globalunited CO.03304183 · Hospitality | 0.3% | 614,610€ | +14.2% | 13,404€ | 2.2% | 24 | 805€ |
| 59 | Stanić - Com02758733 · Trade | 0.3% | 573,734€ | +23.6% | 10,724€ | 1.9% | 7 | 698€ |
| 60 | Maxi02374773 · Trade | 0.2% | 560,632€ | +4.4% | 33,460€ | 6.0% | 16 | 818€ |
| 61 | Živas02628783 · Manufacturing | 0.2% | 556,468€ | -11.0% | 2,982€ | 0.5% | 14 | 701€ |
| 62 | Pupa Commerce03074706 · Construction | 0.2% | 554,935€ | +297.7% | 130,069€ | 23.4% | 5 | 1,178€ |
| 63 | Orion-D.S.02191199 · Manufacturing | 0.2% | 525,716€ | +13.5% | 2,912€ | 0.6% | 19 | 733€ |
| 64 | Pila02274426 · Trade | 0.2% | 520,629€ | +22.7% | 22,023€ | 4.2% | 4 | 1,185€ |
| 65 | MB Stroj03124410 · Construction | 0.2% | 517,386€ | -11.1% | 9,595€ | 1.9% | 12 | 2,355€ |
| 66 | Stožer Energy03745163 · Manufacturing | 0.2% | 502,915€ | No filing for 2024. | 104,784€ | 20.8% | 24 | 1,249€ |
| 67 | Univerzal En02752492 · Trade | 0.2% | 486,309€ | +13.5% | 6,769€ | 1.4% | 7 | 537€ |
| 68 | Forest Plus03124444 · Manufacturing | 0.2% | 448,968€ | -21.2% | 54,858€ | 12.2% | 12 | 714€ |
| 69 | Ostojić Company02709988 · Administrative services | 0.2% | 436,804€ | +0.7% | 44,493€ | 10.2% | 14 | 432€ |
| 70 | Ana i Nina02876540 · Trade | 0.2% | 422,719€ | +6.3% | -1,979€ | -0.5% | 5 | 671€ |
| 71 | Manico02789043 · Hospitality | 0.2% | 418,856€ | +32.8% | -77,156€ | -18.4% | 9 | 704€ |
| 72 | Deljevina02396785 · Manufacturing | 0.2% | 399,645€ | -9.7% | 1,902€ | 0.5% | 15 | 596€ |
| 73 | DSM - Komerc02910250 · Agriculture | 0.2% | 391,612€ | -3.5% | 41,887€ | 10.7% | 8 | 662€ |
| 74 | Bobić02752484 · Construction | 0.2% | 381,963€ | +158.9% | 200,728€ | 52.6% | 7 | 1,040€ |
| 75 | Vojtina Promet03674258 · Trade | 0.2% | 372,053€ | +205.9% | -4,576€ | -1.2% | 1 | 679€ |
| 76 | Mak Magnum02820188 · Transport & logistics | 0.2% | 363,739€ | +28.7% | 15,359€ | 4.2% | 5 | 1,845€ |
| 77 | Potrlica02109417 · Construction | 0.2% | 353,398€ | +23.6% | 9,410€ | 2.7% | 8 | 1,138€ |
| 78 | Drvocomerc03041867 · Manufacturing | 0.2% | 349,915€ | +40.5% | 5,966€ | 1.7% | 13 | 767€ |
| 79 | Kljajevića Luka02785323 · Hospitality | 0.2% | 348,967€ | +44.3% | 20,530€ | 5.9% | 5 | 778€ |
| 80 | Djak Sport-PV03673740 · Trade | 0.2% | 345,790€ | +117.4% | 100,546€ | 29.1% | 5 | 787€ |
| 81 | Magnet02709961 · Trade | 0.2% | 345,568€ | -16.3% | 28,760€ | 8.3% | 4 | 944€ |
| 82 | Nikol-Šped03119408 · Transport & logistics | 0.1% | 339,408€ | +136.5% | 62,571€ | 18.4% | 6 | 727€ |
| 83 | Vujanović VD03748022 · Trade | 0.1% | 338,509€ | No filing for 2024. | 9,921€ | 2.9% | 1 | 495€ |
| 84 | Taxus Forest Project02899906 · Agriculture | 0.1% | 333,623€ | +7.9% | 28,165€ | 8.4% | 7 | 2,225€ |
| 85 | Mili Company02424878 · Manufacturing | 0.1% | 330,461€ | -44.5% | 19,500€ | 5.9% | 15 | — |
| 86 | Montenegro Services02747103 · Trade | 0.1% | 321,829€ | -60.9% | 3,460€ | 1.1% | 5 | 1,557€ |
| 87 | Hidro DM03789306 · Construction | 0.1% | 318,097€ | No filing for 2024. | 92,328€ | 29.0% | 0 | — |
| 88 | Urban Line03324516 · Trade | 0.1% | 316,728€ | +30.2% | 913€ | 0.3% | 2 | 982€ |
| 89 | Radulović Prevoz02401037 · Transport & logistics | 0.1% | 309,495€ | -17.7% | 37,758€ | 12.2% | 7 | 554€ |
| 90 | B.K.Legend02621410 · Trade | 0.1% | 309,031€ | +11.9% | 29,001€ | 9.4% | 6 | 1,004€ |
| 91 | Proljeće-Komerc02189208 · Trade | 0.1% | 308,801€ | +54.4% | 20,061€ | 6.5% | 8 | 645€ |
| 92 | Galeb-Prom03208362 · Manufacturing | 0.1% | 297,857€ | +6.2% | -61,061€ | -20.5% | 12 | 621€ |
| 93 | GM - Produkt02402467 · Manufacturing | 0.1% | 296,483€ | +13.5% | 3,093€ | 1.0% | 5 | 754€ |
| 94 | Trgovina Mango02776804 · Trade | 0.1% | 294,425€ | +10.0% | 1,698€ | 0.6% | 5 | 646€ |
| 95 | MTS - Comerc02387379 · Trade | 0.1% | 292,207€ | -18.3% | -8,331€ | -2.9% | 11 | 658€ |
| 96 | Arde Com03070883 · Trade | 0.1% | 291,420€ | +9.3% | -19,424€ | -6.7% | 15 | 813€ |
| 97 | Savić02363160 · Professional services | 0.1% | 284,179€ | -26.2% | 27,770€ | 9.8% | 14 | 693€ |
| 98 | Vis02113767 · Trade | 0.1% | 283,918€ | -3.1% | 1,976€ | 0.7% | 2 | 714€ |
| 99 | Viktor Gradnja03089622 · Construction | 0.1% | 278,620€ | +103.2% | 1,335€ | 0.5% | 4 | 490€ |
| 100 | Centar za Sport i Rekreaciju02078333 · Arts & entertainment | 0.1% | 277,752€ | +2.2% | 35,997€ | 13.0% | 15 | 1,058€ |