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 201–250 of 2,026
* 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* |
|---|
| 201 | LB Medical03491986 · Health & social care | <0.1% | 446,961€ | +610.4% | 38,139€ | 8.5% | 9 | 3,052€ |
| 202 | Neve-Pet03416755 · Trade | <0.1% | 445,132€ | +10.8% | 35,399€ | 8.0% | 6 | 1,813€ |
| 203 | In Style02415062 · Hospitality | <0.1% | 437,364€ | -2.8% | -29,726€ | -6.8% | 10 | 1,065€ |
| 204 | Navar LTD02716755 · Trade | <0.1% | 428,899€ | +942.3% | 27,266€ | 6.4% | 1 | 2,983€ |
| 205 | Ned-Monte02822539 · Construction | <0.1% | 428,691€ | +149.2% | 36,916€ | 8.6% | 4 | 1,137€ |
| 206 | Forrus02700468 · Real estate | <0.1% | 422,529€ | +40.8% | 4,734€ | 1.1% | 1 | 943€ |
| 207 | Za Vazdušni Saobraćaj Air Serbia, Beograd - Poslovnica02758989 · Transport & logistics | <0.1% | 417,824€ | -27.8% | 4,752€ | 1.1% | 5 | 1,376€ |
| 208 | Vodacom02426331 · Professional services | <0.1% | 417,030€ | -17.5% | 31,892€ | 7.6% | 12 | 2,194€ |
| 209 | Autohaus D & D03206173 · Trade | <0.1% | 403,568€ | +73.5% | 95,642€ | 23.7% | 6 | 1,195€ |
| 210 | SDS Company02857987 · Hospitality | <0.1% | 399,800€ | +17.1% | 13,900€ | 3.5% | 7 | 1,515€ |
| 211 | Mesoprom-Div02853841 · Trade | <0.1% | 397,157€ | +12.0% | 9,249€ | 2.3% | 2 | 662€ |
| 212 | Five Sigma03532313 · Technology | <0.1% | 396,528€ | -24.6% | 10,876€ | 2.7% | 1 | 927€ |
| 213 | Došljak02228459 · Trade | <0.1% | 388,895€ | +6.2% | 6,903€ | 1.8% | 3 | 1,295€ |
| 214 | Francesković02073510 · Hospitality | <0.1% | 383,283€ | +1.7% | -4,452€ | -1.2% | 9 | 726€ |
| 215 | KMB Company03125394 · Administrative services | <0.1% | 379,495€ | +60.4% | 42,330€ | 11.2% | 3 | 697€ |
| 216 | Marinero Trade02665492 · Hospitality | <0.1% | 379,486€ | -7.6% | -23,814€ | -6.3% | 14 | 810€ |
| 217 | Cinque Cubetti03339394 · Real estate | <0.1% | 377,470€ | -9.7% | -17,320€ | -4.6% | 1 | 846€ |
| 218 | Geogrid03352048 · Professional services | <0.1% | 374,212€ | +50.7% | 169,123€ | 45.2% | 7 | 1,365€ |
| 219 | Adria Construction & Services03266907 · Construction | <0.1% | 373,614€ | +129.2% | 164,351€ | 44.0% | 1 | 1,413€ |
| 220 | Muse Marketing and Entertainment03324206 · Arts & entertainment | <0.1% | 372,961€ | -78.7% | 7,078€ | 1.9% | 1 | 9,964€ |
| 221 | Mne For You03181219 · Hospitality | <0.1% | 370,308€ | +8.7% | -3,700€ | -1.0% | 2 | 630€ |
| 222 | Sea Trade02669935 · Hospitality | <0.1% | 367,948€ | -74.3% | -369,619€ | -100.5% | 1 | 615€ |
| 223 | Premier M02799456 · Transport & logistics | <0.1% | 362,801€ | -33.8% | 67,648€ | 18.6% | 5 | 1,203€ |
| 224 | Invest - V02663023 · Construction | <0.1% | 362,204€ | +2,659.0% | 14,611€ | 4.0% | 3 | 686€ |
| 225 | Good Choice03048667 · Administrative services | <0.1% | 360,564€ | +42.0% | 75,854€ | 21.0% | 6 | 442€ |
| 226 | Javna Ustanova Muzej i Galerija Tivat03179290 · Arts & entertainment | <0.1% | 358,851€ | +16.9% | 22,899€ | 6.4% | 10 | 1,868€ |
| 227 | Tip-Top GS02774224 · Trade | <0.1% | 358,436€ | +19.6% | -7,176€ | -2.0% | 3 | 676€ |
| 228 | Solila03733700 · Hospitality | <0.1% | 354,282€ | No filing for 2024. | 10,007€ | 2.8% | 5 | 892€ |
| 229 | Ab Yachts and Service Montenegro02904268 · Trade | <0.1% | 352,522€ | +78.2% | 38,245€ | 10.8% | 4 | 741€ |
| 230 | Dragutinović Art03083969 · Construction | <0.1% | 347,836€ | +194.5% | 6,362€ | 1.8% | 4 | 923€ |
| 231 | Baia 50303475654 · Real estate | <0.1% | 344,729€ | +1,641,466.7% | 40,966€ | 11.9% | 1 | 1,409€ |
| 232 | PMC - Invest02266792 · Construction | <0.1% | 343,523€ | +6.7% | 35,408€ | 10.3% | 1 | 2,738€ |
| 233 | Ips Factory03350070 · Manufacturing | <0.1% | 342,183€ | -36.9% | 16,409€ | 4.8% | 8 | 1,766€ |
| 234 | Magnolija 203678814 · Trade | <0.1% | 340,756€ | +253.7% | -45,094€ | -13.2% | 5 | 1,109€ |
| 235 | Agalliu03124665 · Construction | <0.1% | 338,983€ | +18.1% | 10,620€ | 3.1% | 4 | 1,359€ |
| 236 | Cube 903704556 · Professional services | <0.1% | 338,412€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 125,211€ | 37.0% | 2 | 5,510€ |
| 237 | Ruzmarin Belani 2503724778 · Hospitality | <0.1% | 336,761€ | No filing for 2024. | 5,048€ | 1.5% | 8 | 1,254€ |
| 238 | United Oceans03281264 · Transport & logistics | <0.1% | 336,575€ | +7.5% | -75,093€ | -22.3% | 8 | 1,112€ |
| 239 | Ip Invest02958872 · Construction | <0.1% | 332,914€ | -48.1% | 122,934€ | 36.9% | 1 | 1,518€ |
| 240 | Montenegro Marine Surveys02928221 · Professional services | <0.1% | 329,467€ | +21.6% | 56,659€ | 17.2% | 3 | 1,374€ |
| 241 | TNT Tomanović02757290 · Trade | <0.1% | 326,546€ | +28.8% | 12,279€ | 3.8% | 7 | 914€ |
| 242 | Master Angeli03492109 · Construction | <0.1% | 326,306€ | -69.6% | -33,960€ | -10.4% | 16 | 912€ |
| 243 | Remontiko03253252 · Manufacturing | <0.1% | 323,492€ | +272.6% | 50,826€ | 15.7% | 2 | 1,081€ |
| 244 | Kidz World03615146 · Trade | <0.1% | 322,987€ | +241.1% | -48,104€ | -14.9% | 3 | 935€ |
| 245 | Value102833131 · Real estate | <0.1% | 320,048€ | -1.4% | 70,572€ | 22.1% | 4 | 1,636€ |
| 246 | Amd Pionir03073076 · Trade | <0.1% | 320,030€ | +27.0% | 28,845€ | 9.0% | 7 | 1,444€ |
| 247 | Prochef03410897 · Hospitality | <0.1% | 315,647€ | +49.0% | 3,038€ | 1.0% | 3 | 2,630€ |
| 248 | Vodamont Vraneš03127397 · Construction | <0.1% | 313,536€ | +78.9% | 6,023€ | 1.9% | 3 | 1,271€ |
| 249 | Dispromet02128381 · Trade | <0.1% | 312,157€ | +2.4% | 2,639€ | 0.8% | 3 | 773€ |
| 250 | Račica02008629 · Mining | <0.1% | 309,439€ | +6.8% | -39,375€ | -12.7% | 7 | 1,244€ |