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 151–200 of 279
* 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* |
|---|
| 151 | G.O.A.T03405265 · Trade | <0.1% | 28,978€ | +20.9% | -2,958€ | -10.2% | 1 | 695€ |
| 152 | Slove02353792 · Trade | <0.1% | 28,910€ | +47.7% | 6,197€ | 21.4% | 2 | 675€ |
| 153 | RG Ankora02313260 · Trade | <0.1% | 28,428€ | -62.1% | 4,068€ | 14.3% | 1 | 1,244€ |
| 154 | ST-Balkan02992396 · Trade | <0.1% | 28,292€ | +67.5% | 1,266€ | 4.5% | 1 | 677€ |
| 155 | Kovinić Company02460297 · Trade | <0.1% | 26,153€ | -69.2% | -56,028€ | -214.2% | 3 | 783€ |
| 156 | Franceska03688062 · Trade | <0.1% | 25,879€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,038€ | 4.0% | 1 | 565€ |
| 157 | Filis02828278 · Trade | <0.1% | 25,777€ | -24.7% | -4,342€ | -16.8% | 1 | — |
| 158 | Bane Auto03216772 · Trade | <0.1% | 24,722€ | -31.7% | 456€ | 1.8% | 1 | 675€ |
| 159 | Marine Weld Tech03374947 · Trade | <0.1% | 23,568€ | -11.3% | 549€ | 2.3% | 1 | 677€ |
| 160 | Klupko03434770 · Trade | <0.1% | 22,652€ | -15.0% | 145€ | 0.6% | 2 | 427€ |
| 161 | Lil Trade03083136 · Trade | <0.1% | 22,383€ | +25.4% | 587€ | 2.6% | 2 | 716€ |
| 162 | Yachtify03031403 · Trade | <0.1% | 22,057€ | -78.5% | 3,490€ | 15.8% | 1 | 678€ |
| 163 | Adriatic Living03643794 · Trade | <0.1% | 22,000€ | +1,000.0% | 9,523€ | 43.3% | 1 | 678€ |
| 164 | Ivana Ma03184552 · Trade | <0.1% | 21,847€ | +23.4% | -8,985€ | -41.1% | 2 | 528€ |
| 165 | N.IVA02826275 · Trade | <0.1% | 21,626€ | -9.9% | 1,679€ | 7.8% | 2 | 504€ |
| 166 | T&K Commerce02857286 · Trade | <0.1% | 20,991€ | +39.1% | 1,519€ | 7.2% | 1 | 675€ |
| 167 | Rize Group03253325 · Trade | <0.1% | 20,862€ | -63.5% | 1,229€ | 5.9% | 1 | 688€ |
| 168 | Biolitec03380106 · Trade | <0.1% | 20,664€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -728€ | -3.5% | 3 | 346€ |
| 169 | Fragmenti Boka03608999 · Trade | <0.1% | 20,554€ | +342,466.7% | -211,008€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 5 | 1,859€ |
| 170 | Salt03449181 · Trade | <0.1% | 19,873€ | +218.5% | -43,256€ | -217.7% | 1 | 678€ |
| 171 | Siniz02721066 · Trade | <0.1% | 17,354€ | +79.9% | 673€ | 3.9% | 2 | 648€ |
| 172 | Fgtivat03520145 · Trade | <0.1% | 16,949€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,759€ | 16.3% | 1 | 678€ |
| 173 | Vemax Company02865637 · Trade | <0.1% | 16,240€ | -6.2% | 350€ | 2.2% | 1 | 678€ |
| 174 | Montenegro Investment Solutions03605582 · Trade | <0.1% | 16,091€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 4,096€ | 25.5% | 1 | 926€ |
| 175 | Palomita J&T03029123 · Trade | <0.1% | 15,510€ | -35.6% | -20,653€ | -133.2% | 1 | 1,718€ |
| 176 | JBBN Europe03236820 · Trade | <0.1% | 15,500€ | +160.5% | 5,981€ | 38.6% | 1 | 675€ |
| 177 | Moonlight Park03713431 · Trade | <0.1% | 15,393€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,771€ | -83.0% | 2 | 438€ |
| 178 | Idžo Media Group03795373 · Trade | <0.1% | 14,950€ | No filing for 2024. | 6,586€ | 44.1% | 1 | — |
| 179 | Grazie Moda02965976 · Trade | <0.1% | 14,387€ | +44.8% | 3,319€ | 23.1% | 1 | 694€ |
| 180 | Auto Servis Paun03461513 · Trade | <0.1% | 14,311€ | +89.8% | 3,304€ | 23.1% | 1 | 677€ |
| 181 | M.S. & Tim02997975 · Trade | <0.1% | 13,600€ | -35.7% | -6,780€ | -49.9% | 4 | 324€ |
| 182 | Monteriva Hotel Solution03735931 · Trade | <0.1% | 12,996€ | No filing for 2024. | -6,399€ | -49.2% | 1 | 792€ |
| 183 | Senia Trade03215083 · Trade | <0.1% | 12,129€ | -6.2% | -26,421€ | -217.8% | 1 | 922€ |
| 184 | Auto Device Ag03493083 · Trade | <0.1% | 11,160€ | +43.8% | -43€ | -0.4% | 1 | 677€ |
| 185 | 3G Pharma Limited03629961 · Trade | <0.1% | 11,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 188€ | 1.7% | 1 | 677€ |
| 186 | Karev Studio03552730 · Trade | <0.1% | 10,596€ | +64.3% | 1,752€ | 16.5% | 1 | 682€ |
| 187 | Truffles GP03271323 · Trade | <0.1% | 10,373€ | -45.1% | 0€ | 0.0% | 1 | 565€ |
| 188 | Aristokratisa03547841 · Trade | <0.1% | 10,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,847€ | 18.0% | 1 | 674€ |
| 189 | Am Infinity02670160 · Trade | <0.1% | 8,535€ | +331.1% | -628€ | -7.4% | 1 | 678€ |
| 190 | Simteks02965518 · Trade | <0.1% | 8,385€ | +71.2% | -11,158€ | -133.1% | 1 | 1,106€ |
| 191 | Miris Raja03438546 · Trade | <0.1% | 8,350€ | +178.3% | -909€ | -10.9% | 1 | 678€ |
| 192 | Lush03711544 · Trade | <0.1% | 8,174€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -34,520€ | -422.3% | 1 | 1,129€ |
| 193 | Panax Services03462510 · Trade | <0.1% | 8,114€ | +43.8% | -11,565€ | -142.5% | 1 | 922€ |
| 194 | Smart Eco House03347273 · Trade | <0.1% | 7,515€ | +28.7% | -674€ | -9.0% | 1 | 382€ |
| 195 | Lipovac Montenegro03557596 · Trade | <0.1% | 7,194€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,203€ | -72.3% | 1 | 670€ |
| 196 | Vetex Plus02910098 · Trade | <0.1% | 7,118€ | -26.7% | -7,898€ | -111.0% | 1 | 989€ |
| 197 | Lady D&V03393780 · Trade | <0.1% | 7,110€ | +19.7% | -10,069€ | -141.6% | 2 | 670€ |
| 198 | Pebble03276104 · Trade | <0.1% | 7,000€ | +288.9% | -5,929€ | -84.7% | 1 | 922€ |
| 199 | Legiondev03504557 · Trade | <0.1% | 6,821€ | +94.9% | -2,722€ | -39.9% | 1 | 680€ |
| 200 | Montex Europe03501485 · Trade | <0.1% | 6,800€ | +0.2% | -11,964€ | -175.9% | 1 | 1,034€ |