Revenue
4.1% of Montenegro's revenue
2,026 companies earned 720.39m€ in 2025, 4.1% of all company revenue in Montenegro. It ranks 5 of 25 municipalities by revenue. Revenue has grown 5.0× since 2015.
4.1% of Montenegro's revenue
124.0 per 1,000 residents · Montenegro 57.3
Largest employer: Adriatic Marinas (212)
Total profit: 28.96m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 145,047,133€ | 701 |
| 2016 | 168,406,690€ | 724 |
| 2017 | 250,809,774€ | 814 |
| 2018 | 280,589,378€ | 995 |
| 2019 | 304,622,138€ | 1,113 |
| 2020 | 218,589,049€ | 1,230 |
| 2021 | 314,586,548€ | 1,346 |
| 2022 | 378,418,158€ | 1,640 |
| 2023 | 480,364,113€ | 1,861 |
| 2024 | 608,235,726€ | 1,966 |
| 2025 (Preliminary) | 720,385,269€ | 2,026 |
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 242
* 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 | Moja Kuća03003345 · Construction | <0.1% | 207,417€ | +228.6% | 10,225€ | 4.9% | 3 | 826€ |
| 52 | J.M. Company03079678 · Construction | <0.1% | 182,945€ | +15.9% | 33,476€ | 18.3% | 5 | 663€ |
| 53 | M & M Building03238016 · Construction | <0.1% | 181,481€ | +12.6% | 74,742€ | 41.2% | 3 | 1,213€ |
| 54 | MGK Group03124550 · Construction | <0.1% | 174,323€ | -32.7% | 7,549€ | 4.3% | 6 | 922€ |
| 55 | Baran03559840 · Construction | <0.1% | 163,064€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 12,938€ | 7.9% | 2 | 1,368€ |
| 56 | M Work03085511 · Construction | <0.1% | 155,664€ | +8.4% | 34,351€ | 22.1% | 2 | 628€ |
| 57 | Kaform Montenegro03748146 · Construction | <0.1% | 151,699€ | No filing for 2024. | -20,597€ | -13.6% | 12 | 672€ |
| 58 | Golden Pearl02690454 · Construction | <0.1% | 148,145€ | +58.9% | -827,718€ | -558.7% | 2 | 739€ |
| 59 | Bačić Company02907968 · Construction | <0.1% | 144,871€ | +52.1% | 23,413€ | 16.2% | 2 | 677€ |
| 60 | Eling CG02831538 · Construction | <0.1% | 144,603€ | +10.6% | 1,726€ | 1.2% | 2 | 904€ |
| 61 | Tehno Tours02446022 · Construction | <0.1% | 142,282€ | -78.9% | 23,931€ | 16.8% | 3 | 745€ |
| 62 | LMP Konstrukcije02387417 · Construction | <0.1% | 134,197€ | -10.8% | 3,208€ | 2.4% | 2 | 797€ |
| 63 | Pupović Elektro In02358760 · Construction | <0.1% | 130,697€ | -30.5% | 2,715€ | 2.1% | 3 | 547€ |
| 64 | Sotko Montenegro03247155 · Construction | <0.1% | 130,599€ | +13,012.3% | -281,429€ | -215.5% | 1 | 339€ |
| 65 | First Investment Company03274896 · Construction | <0.1% | 127,827€ | +88.3% | -4,325,053€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 66 | Graditelj - Vasilijević02782251 · Construction | <0.1% | 126,013€ | +30.4% | 24,166€ | 19.2% | 2 | 570€ |
| 67 | Bunjaštuko03156834 · Construction | <0.1% | 124,934€ | -4.1% | 19,851€ | 15.9% | 3 | 894€ |
| 68 | Zen Sadiki03310949 · Construction | <0.1% | 123,907€ | +508.8% | 17,703€ | 14.3% | 5 | 660€ |
| 69 | Sajns03139948 · Construction | <0.1% | 118,340€ | -5.8% | -2,114€ | -1.8% | 5 | — |
| 70 | Gera02229269 · Construction | <0.1% | 118,180€ | -3.2% | 3,927€ | 3.3% | 3 | 1,113€ |
| 71 | Čičak02422751 · Construction | <0.1% | 109,593€ | +35.6% | -9,995€ | -9.1% | 5 | 710€ |
| 72 | Z.S.Company03395219 · Construction | <0.1% | 108,975€ | -35.8% | 5,283€ | 4.8% | 4 | 689€ |
| 73 | Mario Construction03704912 · Construction | <0.1% | 106,167€ | +253.9% | 9,825€ | 9.3% | 10 | 648€ |
| 74 | Kraft Construction03281094 · Construction | <0.1% | 104,118€ | -80.5% | -28,280€ | -27.2% | 1 | 337€ |
| 75 | Red Sienna03288692 · Construction | <0.1% | 102,600€ | -50.0% | 34,947€ | 34.1% | 1 | 1,645€ |
| 76 | Frigo Brkan03670562 · Construction | <0.1% | 99,351€ | +354.5% | 2,273€ | 2.3% | 2 | 801€ |
| 77 | Ege Plus Insaat03663094 · Construction | <0.1% | 98,652€ | -58.1% | -31,381€ | -31.8% | 1 | 678€ |
| 78 | M.D.I.02781506 · Construction | <0.1% | 96,973€ | -84.3% | -44,712€ | -46.1% | 10 | 411€ |
| 79 | Mason&Smith Development03165167 · Construction | <0.1% | 94,418€ | +95.0% | 17,654€ | 18.7% | 1 | 678€ |
| 80 | Loran Construction03327965 · Construction | <0.1% | 88,630€ | +2,324.2% | 20,702€ | 23.4% | 1 | — |
| 81 | Simanić Trade03263436 · Construction | <0.1% | 85,960€ | -45.0% | 19,044€ | 22.2% | 1 | 677€ |
| 82 | Bul Kop03418197 · Construction | <0.1% | 79,766€ | +350.6% | 38,630€ | 48.4% | 2 | 813€ |
| 83 | CG Villas03264572 · Construction | <0.1% | 77,070€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -252,052€ | -327.0% | 1 | 929€ |
| 84 | Drakulović Co02706261 · Construction | <0.1% | 72,215€ | +23.5% | 5,363€ | 7.4% | 3 | 768€ |
| 85 | Adria Expeditionary Support03401308 · Construction | <0.1% | 70,027€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 55,370€ | 79.1% | 1 | 451€ |
| 86 | Doto Ing03741672 · Construction | <0.1% | 67,944€ | No filing for 2024. | 29,579€ | 43.5% | 1 | 733€ |
| 87 | CG Resort03253376 · Construction | <0.1% | 61,469€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,437,059€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 8 | — |
| 88 | Mahon Property Management02781425 · Construction | <0.1% | 58,806€ | +0.0% | 31,492€ | 53.6% | 1 | — |
| 89 | 3S & V Commerce02650223 · Construction | <0.1% | 53,927€ | -0.5% | -8,280€ | -15.4% | 2 | 707€ |
| 90 | Mamula Construction03278735 · Construction | <0.1% | 52,662€ | +373.8% | -109,051€ | -207.1% | 3 | 2,016€ |
| 91 | Min Župa03114201 · Construction | <0.1% | 52,201€ | +16.7% | -6,652€ | -12.7% | 3 | 620€ |
| 92 | Blue Green Hotel Supply03387143 · Construction | <0.1% | 51,176€ | -64.6% | -23,814€ | -46.5% | 2 | — |
| 93 | WB Construction03679551 · Construction | <0.1% | 49,587€ | -17.4% | -63,441€ | -127.9% | 1 | 926€ |
| 94 | Santehnik03739350 · Construction | <0.1% | 49,177€ | No filing for 2024. | 21,404€ | 43.5% | 3 | 557€ |
| 95 | Black Iris02996332 · Construction | <0.1% | 49,172€ | -3.6% | -28,811€ | -58.6% | 3 | 684€ |
| 96 | Timerhan02780968 · Construction | <0.1% | 48,347€ | +14.0% | -35,033€ | -72.5% | 2 | 674€ |
| 97 | As - Tim02734508 · Construction | <0.1% | 46,629€ | -10.4% | 4,099€ | 8.8% | 3 | 1,090€ |
| 98 | Vodamont Popović03326900 · Construction | <0.1% | 43,027€ | +82.6% | 9,304€ | 21.6% | 1 | 1,350€ |
| 99 | Rentals Montenegro03118860 · Construction | <0.1% | 42,274€ | -68.6% | -56,280€ | -133.1% | 2 | 1,228€ |
| 100 | Sam Invest02653575 · Construction | <0.1% | 41,776€ | -8.6% | -17,073€ | -40.9% | 4 | 605€ |