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 51–100 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* |
|---|
| 51 | Hills Beach03260011 · Hospitality | 0.4% | 1,077,836€ | -5.2% | 388,436€ | 36.0% | 9 | 505€ |
| 52 | Kupo&Toko03303985 · Hospitality | 0.4% | 1,036,698€ | -21.2% | 102,684€ | 9.9% | 9 | 1,182€ |
| 53 | Gramoz02742063 · Trade | 0.4% | 1,017,800€ | -17.4% | 147,497€ | 14.5% | 5 | 684€ |
| 54 | Mela & Rona03092160 · Hospitality | 0.4% | 1,012,216€ | +48.1% | 318,096€ | 31.4% | 11 | 1,050€ |
| 55 | Zene & Co03394964 · Hospitality | 0.3% | 988,103€ | +6.4% | 166,068€ | 16.8% | 14 | 886€ |
| 56 | Am Construction03243567 · Construction | 0.3% | 977,205€ | +48.0% | 427,272€ | 43.7% | 3 | 880€ |
| 57 | Lushaj Company02328518 · Manufacturing | 0.3% | 940,400€ | -1.5% | 68,996€ | 7.3% | 12 | 747€ |
| 58 | Aleksandar Co02402718 · Trade | 0.3% | 929,387€ | -7.7% | 31,040€ | 3.3% | 7 | 803€ |
| 59 | Eltec02461919 · Trade | 0.3% | 927,420€ | +12.1% | 102,089€ | 11.0% | 4 | 1,407€ |
| 60 | Sinani&Company02680181 · Trade | 0.3% | 917,231€ | +9.3% | 36,619€ | 4.0% | 9 | 873€ |
| 61 | Alba Group03662322 · Construction | 0.3% | 905,711€ | +282.7% | 105,567€ | 11.7% | 19 | 614€ |
| 62 | Dely Tours02772272 · Hospitality | 0.3% | 883,007€ | +0.6% | -144,238€ | -16.3% | 9 | 915€ |
| 63 | Be Unframed03703444 · Technology | 0.3% | 854,560€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 90,448€ | 10.6% | 2 | 1,140€ |
| 64 | Aurora - Mobili02721813 · Manufacturing | 0.3% | 808,964€ | +7.1% | 42,881€ | 5.3% | 16 | 544€ |
| 65 | Doči Group02858703 · Trade | 0.3% | 788,444€ | -11.1% | 11,219€ | 1.4% | 9 | 548€ |
| 66 | Morea Residence03271293 · Construction | 0.3% | 775,021€ | +50.7% | 8,741€ | 1.1% | 1 | 1,433€ |
| 67 | Redza Remodeling03111130 · Construction | 0.3% | 773,999€ | +119.7% | 25,911€ | 3.3% | 2 | 531€ |
| 68 | Vial Montenegro02914441 · Manufacturing | 0.3% | 773,026€ | +20.8% | 20,403€ | 2.6% | 10 | 628€ |
| 69 | Prima Lift03517055 · Construction | 0.3% | 764,981€ | +22.9% | 20,252€ | 2.6% | 5 | 1,053€ |
| 70 | F&E Company02982625 · Trade | 0.3% | 764,094€ | +9.5% | 11,961€ | 1.6% | 6 | 921€ |
| 71 | Janina03236854 · Real estate | 0.3% | 757,555€ | +100.6% | 30,740€ | 4.1% | 11 | 713€ |
| 72 | Britania Homes03664830 · Construction | 0.3% | 746,845€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 10,049€ | 1.3% | 1 | 1,271€ |
| 73 | Skampa02877643 · Trade | 0.3% | 745,370€ | +12.7% | 43,070€ | 5.8% | 7 | 768€ |
| 74 | Max Construction03491552 · Construction | 0.3% | 737,286€ | +81.5% | -94,552€ | -12.8% | 20 | 714€ |
| 75 | Galeb Lux03020355 · Hospitality | 0.3% | 734,855€ | -3.5% | 23,792€ | 3.2% | 16 | 1,037€ |
| 76 | Langostino02397315 · Trade | 0.3% | 731,237€ | +28.4% | 37,148€ | 5.1% | 3 | 690€ |
| 77 | Monoment03076563 · Hospitality | 0.3% | 727,850€ | +13.0% | 22,858€ | 3.1% | 10 | 594€ |
| 78 | Ekspert X02876833 · Trade | 0.3% | 722,220€ | +2.8% | 49,707€ | 6.9% | 12 | 877€ |
| 79 | Veterinum02256711 · Professional services | 0.3% | 722,198€ | -2.9% | 15,789€ | 2.2% | 16 | 734€ |
| 80 | Dolida & Co03225623 · Professional services | 0.3% | 715,469€ | +72.6% | 66,533€ | 9.3% | 3 | 1,418€ |
| 81 | Mir &Teuta02385350 · Arts & entertainment | 0.3% | 714,541€ | +2.9% | 108,142€ | 15.1% | 14 | 1,072€ |
| 82 | Best Trio02864231 · Hospitality | 0.3% | 708,591€ | -7.0% | 3,949€ | 0.6% | 12 | 873€ |
| 83 | Giovanni Trade02086395 · Hospitality | 0.3% | 708,023€ | +2.3% | 4,083€ | 0.6% | 9 | 665€ |
| 84 | Buongiorno Caffe03623602 · Hospitality | 0.3% | 707,026€ | +17.2% | 33,034€ | 4.7% | 22 | 1,121€ |
| 85 | Centar za Kulturu - Ulcinj / Institucioni Publik02020629 · Education | 0.2% | 700,301€ | +22.9% | 185,487€ | 26.5% | 25 | 1,208€ |
| 86 | MCM Rental Service02665743 · Hospitality | 0.2% | 688,219€ | -0.6% | 44,028€ | 6.4% | 10 | 581€ |
| 87 | Besi Group03301354 · Construction | 0.2% | 684,037€ | +100.6% | 93,132€ | 13.6% | 19 | 747€ |
| 88 | Holli02699494 · Trade | 0.2% | 662,162€ | +0.7% | 52,833€ | 8.0% | 5 | 779€ |
| 89 | Kase03122778 · Manufacturing | 0.2% | 654,335€ | +4.8% | 33,055€ | 5.1% | 16 | 1,394€ |
| 90 | Coral Beach03176584 · Hospitality | 0.2% | 646,897€ | -2.6% | -59,805€ | -9.2% | 12 | 1,151€ |
| 91 | Parking Servis Ulcinj03257380 · Transport & logistics | 0.2% | 619,849€ | +0.9% | -17,056€ | -2.8% | 37 | 998€ |
| 92 | Aluprofi S&I03278255 · Manufacturing | 0.2% | 619,291€ | +39.3% | 106,189€ | 17.1% | 4 | 792€ |
| 93 | Kolomza Company02888009 · Trade | 0.2% | 613,374€ | +26.8% | 4,091€ | 0.7% | 3 | 803€ |
| 94 | Granit & Mermer02826534 · Manufacturing | 0.2% | 589,387€ | +41.8% | 141,430€ | 24.0% | 4 | 751€ |
| 95 | Smart Glass03343251 · Manufacturing | 0.2% | 588,231€ | +0.4% | 6,090€ | 1.0% | 10 | 756€ |
| 96 | Katana Naturals02285665 · Manufacturing | 0.2% | 586,444€ | +75.1% | 66,251€ | 11.3% | 2 | 922€ |
| 97 | A L B A T R o S02006154 · Hospitality | 0.2% | 586,242€ | -25.6% | -202,494€ | -34.5% | 36 | 978€ |
| 98 | Faf & Co02370379 · Manufacturing | 0.2% | 581,620€ | -16.9% | 34,253€ | 5.9% | 11 | 669€ |
| 99 | C & A Commpany03096572 · Administrative services | 0.2% | 581,406€ | +2.9% | 148,425€ | 25.5% | 6 | 675€ |
| 100 | Almir02975211 · Trade | 0.2% | 551,742€ | +46.9% | 5,085€ | 0.9% | 3 | 909€ |