Revenue
1.1% of Montenegro's revenue
323 companies earned 195.35m€ in 2025, 1.1% of all company revenue in Montenegro. It ranks 14 of 25 municipalities by revenue. Revenue has grown 3.1× since 2015.
1.1% of Montenegro's revenue
24.9 per 1,000 residents · Montenegro 57.3
Largest employer: Donator (339)
Total profit: 12.27m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 62,433,657€ | 104 |
| 2016 | 71,672,567€ | 113 |
| 2017 | 81,419,211€ | 123 |
| 2018 | 89,768,113€ | 144 |
| 2019 | 90,274,168€ | 157 |
| 2020 | 82,213,301€ | 179 |
| 2021 | 92,756,736€ | 212 |
| 2022 | 120,944,039€ | 233 |
| 2023 | 137,297,598€ | 264 |
| 2024 | 156,695,982€ | 300 |
| 2025 (Preliminary) | 195,348,694€ | 323 |
† Tuzi became a municipality in 2018; earlier years show companies seated there today
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 251–300 of 323
* 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* |
|---|
| 251 | Spomenik Prirode Kanjon Cijevne03798151 · Arts & entertainment | <0.1% | 10,000€ | No filing for 2024. | 2,364€ | 23.6% | 1 | 609€ |
| 252 | Gab-Ema03490297 · Personal services | <0.1% | 9,889€ | +22.0% | -525€ | -5.3% | 1 | 685€ |
| 253 | Largi03688500 · Construction | <0.1% | 9,665€ | +102.7% | -2,020€ | -20.9% | 1 | 505€ |
| 254 | Ivanaj 9903718794 · Personal services | <0.1% | 9,556€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -568€ | -5.9% | 1 | 678€ |
| 255 | Nutri Shop03620174 · Trade | <0.1% | 8,836€ | +78.1% | 701€ | 7.9% | 1 | — |
| 256 | Fady03724263 · Personal services | <0.1% | 8,594€ | No filing for 2024. | 16€ | 0.2% | 0 | — |
| 257 | Artnova Company03696090 · Construction | <0.1% | 8,550€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,581€ | -112.1% | 1 | 729€ |
| 258 | Vulaj-Vodoinstalater03413098 · Construction | <0.1% | 8,380€ | -43.7% | -2,341€ | -27.9% | 1 | 678€ |
| 259 | Park 1 Piceria03788903 · Hospitality | <0.1% | 8,316€ | No filing for 2024. | -3,183€ | -38.3% | 0 | — |
| 260 | Gegaj Metal03594777 · Manufacturing | <0.1% | 8,105€ | -66.7% | -9,045€ | -111.6% | 1 | 678€ |
| 261 | Mont Petrol02713411 · Trade | <0.1% | 7,748€ | -7.8% | -9,602€ | -123.9% | 2 | 715€ |
| 262 | Alpe Co03689026 · Transport & logistics | <0.1% | 7,711€ | +2,487.6% | -2,069€ | -26.8% | 1 | 339€ |
| 263 | Dua Construction Fi03613704 · Trade | <0.1% | 7,611€ | -80.2% | -2,735€ | -35.9% | 1 | — |
| 264 | K- Medin02997720 · Personal services | <0.1% | 7,509€ | +54.1% | -6,065€ | -80.8% | 2 | 509€ |
| 265 | Frizerski Salon Aurora03334066 · Personal services | <0.1% | 7,418€ | -6.3% | -1,544€ | -20.8% | 1 | 678€ |
| 266 | E&M Bazar03735028 · Trade | <0.1% | 7,385€ | No filing for 2024. | -2,824€ | -38.2% | 0 | — |
| 267 | Ilios Montenegro03636542 · Health & social care | <0.1% | 7,240€ | -19.5% | -6,332€ | -87.5% | 1 | 725€ |
| 268 | Go2fly03754502 · Arts & entertainment | <0.1% | 6,103€ | No filing for 2024. | 2,582€ | 42.3% | 1 | — |
| 269 | Piranić Company03398323 · Trade | <0.1% | 5,995€ | +56.9% | -2,969€ | -49.5% | 1 | 677€ |
| 270 | Moto Soko03773841 · Trade | <0.1% | 5,730€ | No filing for 2024. | 751€ | 13.1% | 1 | 321€ |
| 271 | Good Game03653021 · Arts & entertainment | <0.1% | 5,656€ | +44.8% | -386€ | -6.8% | 2 | — |
| 272 | Bor Media03372812 · Arts & entertainment | <0.1% | 5,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,444€ | -62.6% | 1 | 677€ |
| 273 | Happy Flowers03623416 · Agriculture | <0.1% | 5,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 410€ | 7.5% | 1 | — |
| 274 | Randevu03202224 · Hospitality | <0.1% | 5,221€ | +10.1% | -7,728€ | -148.0% | 1 | 699€ |
| 275 | Barber Meša03334953 · Personal services | <0.1% | 4,395€ | +14.4% | -4,318€ | -98.2% | 1 | 687€ |
| 276 | Pro-Glass03793249 · Manufacturing | <0.1% | 3,332€ | No filing for 2024. | -7,610€ | -228.4% | 1 | — |
| 277 | Nikaj Cop03728625 · Construction | <0.1% | 3,058€ | No filing for 2024. | -4,455€ | -145.7% | 0 | — |
| 278 | NF Gradnja03650740 · Construction | <0.1% | 3,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,761€ | -225.4% | 2 | 402€ |
| 279 | Lotus D03620689 · Personal services | <0.1% | 2,614€ | -19.8% | -785€ | -30.0% | 1 | — |
| 280 | Kiara Company03617483 · Manufacturing | <0.1% | 2,050€ | -57.1% | -1,481€ | -72.2% | 1 | — |
| 281 | Besa ML03583392 · Hospitality | <0.1% | 1,666€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,087€ | -425.4% | 1 | 678€ |
| 282 | Radan Metal03798020 · Manufacturing | <0.1% | 1,364€ | No filing for 2024. | -130€ | -9.5% | 1 | — |
| 283 | Fleurand03803465 · Administrative services | <0.1% | 1,284€ | No filing for 2024. | -42€ | -3.3% | 1 | — |
| 284 | Autocentar Tuzovic03796167 · Trade | <0.1% | 1,250€ | No filing for 2024. | -684€ | -54.7% | 1 | — |
| 285 | Electra E.D.03723704 · Construction | <0.1% | 500€ | No filing for 2024. | -15,114€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 0 | — |
| 286 | Ndrekaj03156168 · Construction | <0.1% | 454€ | -94.9% | -11,199€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 346€ |
| 287 | Muminović02266270 · Trade | <0.1% | 397€ | -99.7% | -7,978€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 339€ |
| 288 | Ćef03585832 · Manufacturing | <0.1% | 346€ | -92.7% | -5,726€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 339€ |
| 289 | Dedvukaj03229360 · Hospitality | <0.1% | 1€ | 0.0% | 0€ | 0.0% | 1 | — |
| 290 | Ameral Investment Group03735001 · Trade | 0.0% | 0€ | No filing for 2024. | -6,443€ | — | 1 | 537€ |
| 291 | Autoservis Machina03802060 · Trade | 0.0% | 0€ | No filing for 2024. | -1,358€ | — | 1 | — |
| 292 | Barber Sanel03804275 · Personal services | 0.0% | 0€ | No filing for 2024. | -1,140€ | — | 1 | — |
| 293 | Beqaj Company03630374 · Agriculture | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,464€ | — | 1 | 488€ |
| 294 | Fortis Build Mne03587665 · Construction | 0.0% | 0€ | -100.0% | -2,270€ | — | 1 | — |
| 295 | Gilcompany03737411 · Trade | 0.0% | 0€ | No filing for 2024. | -4,416€ | — | 0 | — |
| 296 | Hidžama Centar CG03596737 · Personal services | 0.0% | 0€ | -100.0% | -3,130€ | — | 1 | — |
| 297 | Iko Prevoz03673847 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,617€ | — | 1 | 339€ |
| 298 | Koti Nekretnine03113418 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,174€ | — | 1 | — |
| 299 | Lindaerofit03805140 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -742€ | — | 1 | — |
| 300 | L.L. Investments03760391 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,821€ | — | 1 | 402€ |