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 601–650 of 934
* 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* |
|---|
| 601 | Goni Company03663108 · Manufacturing | <0.1% | 6,135€ | +1,263.3% | -8,823€ | -143.8% | 2 | 505€ |
| 602 | Urban Architects03339998 · Professional services | <0.1% | 5,988€ | +20.7% | -7,463€ | -124.6% | 1 | 926€ |
| 603 | Adriati-K Group03678083 · Trade | <0.1% | 5,977€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,352€ | -56.1% | 1 | 678€ |
| 604 | Ela Magic03019128 · Manufacturing | <0.1% | 5,973€ | +14.2% | 771€ | 12.9% | 1 | 339€ |
| 605 | B&V Glass03776735 · Manufacturing | <0.1% | 5,963€ | No filing for 2024. | -3,343€ | -56.1% | 0 | — |
| 606 | Ksports03133150 · Arts & entertainment | <0.1% | 5,930€ | +158.6% | 646€ | 10.9% | 1 | — |
| 607 | Samsad Group03699668 · Administrative services | <0.1% | 5,765€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -758€ | -13.1% | 1 | 333€ |
| 608 | Elite Homes03558479 · Construction | <0.1% | 5,715€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -25,258€ | -442.0% | 2 | 1,063€ |
| 609 | VY Consalting03357589 · Professional services | <0.1% | 5,702€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,390€ | -112.1% | 2 | 493€ |
| 610 | Time Group Global03305244 · Professional services | <0.1% | 5,592€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,037€ | -54.3% | 1 | 675€ |
| 611 | Sumus Montenegro Group03414078 · Technology | <0.1% | 5,400€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,979€ | -55.2% | 1 | 677€ |
| 612 | Modern Living Montenegro03455114 · Real estate | <0.1% | 5,249€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,250€ | -100.0% | 1 | 678€ |
| 613 | Obuća-Ex-Bata02310201 · Trade | <0.1% | 5,131€ | -5.4% | -9,234€ | -180.0% | 1 | 742€ |
| 614 | XXL Construction03110834 · Construction | <0.1% | 5,124€ | +210.0% | -9,221€ | -180.0% | 1 | 1,163€ |
| 615 | Uni-Royal03608891 · Professional services | <0.1% | 5,060€ | +290.4% | -16,903€ | -334.1% | 2 | 889€ |
| 616 | Linea Architecture & Design03608204 · Professional services | <0.1% | 5,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 836€ | 16.7% | 1 | 339€ |
| 617 | Studio Artes Architecture & Design03246744 · Professional services | <0.1% | 4,814€ | -69.1% | -9,713€ | -201.8% | 1 | 956€ |
| 618 | VM Electro03799557 · Construction | <0.1% | 4,750€ | No filing for 2024. | -3,242€ | -68.3% | 1 | — |
| 619 | Naš Ulcinj11095496 · Public & nonprofit | <0.1% | 4,700€ | No filing for 2024. | 0€ | 0.0% | 1 | — |
| 620 | FS Rent A Car03562433 · Administrative services | <0.1% | 4,627€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,903€ | -408.5% | 2 | 678€ |
| 621 | Fiore Di Mare03076121 · Hospitality | <0.1% | 4,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -270€ | -5.9% | 1 | — |
| 622 | De & M Com02667274 · Real estate | <0.1% | 4,388€ | -8.0% | -901€ | -20.5% | 1 | 438€ |
| 623 | Tomris03618897 · Trade | <0.1% | 4,050€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,919€ | -146.1% | 1 | 675€ |
| 624 | Maki & Tafa03641228 · Construction | <0.1% | 4,000€ | -20.0% | -30,519€ | -763.0% | 4 | 718€ |
| 625 | Magnat Real Estate03537919 · Construction | <0.1% | 3,909€ | -92.3% | -6,161€ | -157.6% | 1 | 678€ |
| 626 | Meli Company02354730 · Professional services | <0.1% | 3,776€ | +55.5% | -10,852€ | -287.4% | 1 | 1,067€ |
| 627 | Auto Moto Društvo Ulcinj02708728 · Professional services | <0.1% | 3,600€ | +20.0% | -7,619€ | -211.6% | 1 | 675€ |
| 628 | L&B Natural Cosmetics03305988 · Trade | <0.1% | 3,539€ | -77.8% | -8,117€ | -229.4% | 1 | 614€ |
| 629 | Bertonadi02848295 · Professional services | <0.1% | 3,538€ | +18.4% | 109€ | 3.1% | 2 | — |
| 630 | Aaaaa+03494969 · Construction | <0.1% | 3,213€ | -69.2% | -10,015€ | -311.7% | 1 | 339€ |
| 631 | Montana 200002313014 · Trade | <0.1% | 3,065€ | -73.2% | -7,574€ | -247.1% | 1 | 658€ |
| 632 | Capitol D02694026 · Trade | <0.1% | 3,017€ | -89.9% | -4,393€ | -145.6% | 1 | — |
| 633 | The Royal Beach02982803 · Hospitality | <0.1% | 2,965€ | -98.8% | -62,858€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 451€ |
| 634 | Black Mountain Co03398650 · Agriculture | <0.1% | 2,865€ | -69.7% | -43,512€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 925€ |
| 635 | Niti Kompani03292177 · Construction | <0.1% | 2,850€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,486€ | -683.7% | 3 | 618€ |
| 636 | Prime Accounting03729117 · Professional services | <0.1% | 2,800€ | No filing for 2024. | -1,964€ | -70.1% | 1 | 382€ |
| 637 | Olschewski Tiefbau03498824 · Construction | <0.1% | 2,400€ | -78.3% | -9,738€ | -405.8% | 1 | 678€ |
| 638 | Sanns02761742 · Trade | <0.1% | 2,347€ | -59.7% | -7,455€ | -317.6% | 1 | 679€ |
| 639 | Belvi11085717 · Public & nonprofit | <0.1% | 2,250€ | -6.3% | -134€ | -6.0% | 0 | — |
| 640 | Leusmax03698068 · Construction | <0.1% | 2,200€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,046€ | -274.8% | 1 | 678€ |
| 641 | Veterinum - Bee03513408 · Manufacturing | <0.1% | 2,084€ | -98.0% | -21,940€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 642 | Fabijo03475867 · Real estate | <0.1% | 2,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,601€ | -380.1% | 1 | 678€ |
| 643 | Lika Medica03516849 · Health & social care | <0.1% | 1,930€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,125€ | -110.1% | 1 | 338€ |
| 644 | Adriatica Building Company03327175 · Construction | <0.1% | 1,640€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,297€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 2 | 509€ |
| 645 | Draga Alumil03657612 · Construction | <0.1% | 1,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -31,586€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 898€ |
| 646 | It-Solutions03101711 · Trade | <0.1% | 1,574€ | -96.8% | -7,939€ | -504.4% | 1 | 339€ |
| 647 | Serene Nightingale03578755 · Technology | <0.1% | 1,500€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,096€ | -473.1% | 1 | 678€ |
| 648 | Arbana03252132 · Hospitality | <0.1% | 1,465€ | -60.8% | -11,562€ | -789.2% | 1 | 1,011€ |
| 649 | Mulić Commpany03799620 · Construction | <0.1% | 1,420€ | No filing for 2024. | -2,143€ | -150.9% | 3 | — |
| 650 | Ricardo Residence03626849 · Construction | <0.1% | 1,364€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -19,157€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 608€ |