Revenue
1.6% of Montenegro's revenue
934 companies earned 282.81m€ in 2025, 1.6% of all company revenue in Montenegro. It ranks 10 of 25 municipalities by revenue. Revenue has grown 3.6× since 2015.
1.6% of Montenegro's revenue
45.5 per 1,000 residents · Montenegro 57.3
Largest employer: Cungu & Co (289)
Total profit: 15.13m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 77,677,533€ | 450 |
| 2016 | 85,949,229€ | 476 |
| 2017 | 97,126,182€ | 514 |
| 2018 | 109,246,063€ | 563 |
| 2019 | 122,083,408€ | 631 |
| 2020 | 85,616,803€ | 684 |
| 2021 | 118,582,868€ | 739 |
| 2022 | 188,717,053€ | 809 |
| 2023 | 229,349,373€ | 868 |
| 2024 | 256,859,958€ | 924 |
| 2025 (Preliminary) | 282,808,103€ | 934 |
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 1–50 of 73
* 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* |
|---|
| 1 | Alumil02299852 · Manufacturing | 1.2% | 3,380,876€ | +15.8% | 54,495€ | 1.6% | 13 | 721€ |
| 2 | Tapacir Kurti02329387 · Manufacturing | 0.7% | 2,085,085€ | +3.3% | 67,441€ | 3.2% | 76 | 720€ |
| 3 | Tula Company02645351 · Manufacturing | 0.6% | 1,626,741€ | +7.5% | 85,955€ | 5.3% | 14 | 692€ |
| 4 | Credo02262959 · Manufacturing | 0.4% | 1,229,747€ | +7.5% | 32,853€ | 2.7% | 23 | 1,176€ |
| 5 | Lushaj Company02328518 · Manufacturing | 0.3% | 940,400€ | -1.5% | 68,996€ | 7.3% | 12 | 747€ |
| 6 | Aurora - Mobili02721813 · Manufacturing | 0.3% | 808,964€ | +7.1% | 42,881€ | 5.3% | 16 | 544€ |
| 7 | Vial Montenegro02914441 · Manufacturing | 0.3% | 773,026€ | +20.8% | 20,403€ | 2.6% | 10 | 628€ |
| 8 | Kase03122778 · Manufacturing | 0.2% | 654,335€ | +4.8% | 33,055€ | 5.1% | 16 | 1,394€ |
| 9 | Aluprofi S&I03278255 · Manufacturing | 0.2% | 619,291€ | +39.3% | 106,189€ | 17.1% | 4 | 792€ |
| 10 | Granit & Mermer02826534 · Manufacturing | 0.2% | 589,387€ | +41.8% | 141,430€ | 24.0% | 4 | 751€ |
| 11 | Smart Glass03343251 · Manufacturing | 0.2% | 588,231€ | +0.4% | 6,090€ | 1.0% | 10 | 756€ |
| 12 | Katana Naturals02285665 · Manufacturing | 0.2% | 586,444€ | +75.1% | 66,251€ | 11.3% | 2 | 922€ |
| 13 | Faf & Co02370379 · Manufacturing | 0.2% | 581,620€ | -16.9% | 34,253€ | 5.9% | 11 | 669€ |
| 14 | Olimare03281990 · Manufacturing | 0.2% | 526,870€ | -1.6% | 25,768€ | 4.9% | 9 | 648€ |
| 15 | Univers Bakery03528278 · Manufacturing | 0.2% | 508,417€ | +77.8% | 24,018€ | 4.7% | 21 | 672€ |
| 16 | Intext03349233 · Manufacturing | 0.2% | 425,505€ | +141.2% | 33,582€ | 7.9% | 3 | 772€ |
| 17 | Croma &CO02421356 · Manufacturing | 0.1% | 375,854€ | -34.4% | 44,143€ | 11.7% | 4 | 599€ |
| 18 | Sesmetal02452642 · Manufacturing | 0.1% | 357,068€ | +20.1% | 48,968€ | 13.7% | 2 | 776€ |
| 19 | Mermer Art03205274 · Manufacturing | 0.1% | 344,038€ | +41.7% | 17,878€ | 5.2% | 2 | 600€ |
| 20 | Ral Co03320529 · Manufacturing | 0.1% | 285,801€ | +58.9% | 15,353€ | 5.4% | 4 | 618€ |
| 21 | Kollari02933608 · Manufacturing | <0.1% | 277,351€ | -3.2% | 21,374€ | 7.7% | 5 | 674€ |
| 22 | Montesalina02421399 · Manufacturing | <0.1% | 260,561€ | +1.3% | 3,332€ | 1.3% | 4 | 924€ |
| 23 | Elegant Since 196703051137 · Manufacturing | <0.1% | 220,826€ | -4.2% | 45,165€ | 20.5% | 4 | 721€ |
| 24 | Oni-Al03603091 · Manufacturing | <0.1% | 217,081€ | +119.6% | 3,725€ | 1.7% | 2 | 669€ |
| 25 | Roma Uno02899582 · Manufacturing | <0.1% | 210,297€ | -7.9% | 9,160€ | 4.4% | 3 | 553€ |
| 26 | Gensha03057992 · Manufacturing | <0.1% | 166,889€ | -60.6% | 3,365€ | 2.0% | 3 | 744€ |
| 27 | M.N.B. Kruna02657015 · Manufacturing | <0.1% | 156,070€ | -22.5% | 7,305€ | 4.7% | 1 | 675€ |
| 28 | Brilliance Lift03428575 · Manufacturing | <0.1% | 107,976€ | +146.1% | 11,596€ | 10.7% | 1 | 1,057€ |
| 29 | MRN Company03143325 · Manufacturing | <0.1% | 107,625€ | -26.4% | 13,075€ | 12.1% | 2 | 591€ |
| 30 | Euroflex Plus02877511 · Manufacturing | <0.1% | 75,230€ | -25.3% | -12,819€ | -17.0% | 4 | 861€ |
| 31 | Shaptafa03743152 · Manufacturing | <0.1% | 72,338€ | No filing for 2024. | 5,408€ | 7.5% | 1 | — |
| 32 | RR-Dekor03422399 · Manufacturing | <0.1% | 63,126€ | +71.3% | 1,098€ | 1.7% | 2 | 1,003€ |
| 33 | ALU&PVC Bravarija First Class03720438 · Manufacturing | <0.1% | 42,149€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 369€ | 0.9% | 1 | 1,842€ |
| 34 | Antep Baklava03245586 · Manufacturing | <0.1% | 39,503€ | -55.3% | -20,848€ | -52.8% | 3 | 828€ |
| 35 | Gold Granit M & R02701545 · Manufacturing | <0.1% | 38,703€ | -32.3% | 865€ | 2.2% | 2 | 801€ |
| 36 | Radionica Pašte03253104 · Manufacturing | <0.1% | 29,328€ | +10.0% | 347€ | 1.2% | 1 | 1,127€ |
| 37 | Tradita & Montenegro03385663 · Manufacturing | <0.1% | 28,613€ | -9.2% | -24,888€ | -87.0% | 1 | 2,390€ |
| 38 | Rafael02870835 · Manufacturing | <0.1% | 23,492€ | +40.1% | 2,718€ | 11.6% | 3 | 453€ |
| 39 | M - Gold02903423 · Manufacturing | <0.1% | 22,176€ | +36.0% | 5,021€ | 22.6% | 2 | 423€ |
| 40 | Boni Keys Mne03649580 · Manufacturing | <0.1% | 19,587€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,307€ | -103.7% | 1 | 1,913€ |
| 41 | Antika Trade02638193 · Manufacturing | <0.1% | 18,250€ | -2.0% | 755€ | 4.1% | 2 | 393€ |
| 42 | Agt Company03394395 · Manufacturing | <0.1% | 17,314€ | -75.2% | -17,027€ | -98.3% | 2 | 678€ |
| 43 | Hasa Glass Plus03224759 · Manufacturing | <0.1% | 12,582€ | -9.1% | -14,051€ | -111.7% | 1 | 1,357€ |
| 44 | Al - Plast Kandić03228878 · Manufacturing | <0.1% | 12,314€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,671€ | -62.3% | 2 | 621€ |
| 45 | Dea Al03039714 · Manufacturing | <0.1% | 9,800€ | -13.3% | -6,047€ | -61.7% | 1 | 674€ |
| 46 | Bisha03334511 · Manufacturing | <0.1% | 7,001€ | -24.3% | -12,069€ | -172.4% | 1 | 674€ |
| 47 | Deni - Gold02901978 · Manufacturing | <0.1% | 6,666€ | -16.7% | -9,561€ | -143.4% | 1 | 1,033€ |
| 48 | J&D Gold Mne03191974 · Manufacturing | <0.1% | 6,518€ | +48.3% | -6,554€ | -100.6% | 1 | 758€ |
| 49 | Goni Company03663108 · Manufacturing | <0.1% | 6,135€ | +1,263.3% | -8,823€ | -143.8% | 2 | 505€ |
| 50 | Ela Magic03019128 · Manufacturing | <0.1% | 5,973€ | +14.2% | 771€ | 12.9% | 1 | 339€ |