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 201–250 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* |
|---|
| 201 | Agencija za Planiranje Ulcinj02875292 · Professional services | <0.1% | 217,142€ | +10.9% | 51,406€ | 23.7% | 9 | 1,405€ |
| 202 | Oni-Al03603091 · Manufacturing | <0.1% | 217,081€ | +119.6% | 3,725€ | 1.7% | 2 | 669€ |
| 203 | S&S Group03441261 · Trade | <0.1% | 216,921€ | -0.7% | 1,409€ | 0.6% | 3 | 893€ |
| 204 | Vuković Trans03155714 · Construction | <0.1% | 214,421€ | +54.3% | 45,258€ | 21.1% | 3 | 449€ |
| 205 | L&G Design02446766 · Professional services | <0.1% | 214,203€ | -0.2% | 12,368€ | 5.8% | 3 | 907€ |
| 206 | Instant Commerce03144445 · Hospitality | <0.1% | 214,026€ | +0.7% | 48,316€ | 22.6% | 4 | 707€ |
| 207 | Roma Uno02899582 · Manufacturing | <0.1% | 210,297€ | -7.9% | 9,160€ | 4.4% | 3 | 553€ |
| 208 | Majstori Hykaj02865408 · Construction | <0.1% | 208,749€ | +18.2% | 21,244€ | 10.2% | 5 | 678€ |
| 209 | Aloha Beach03733904 · Administrative services | <0.1% | 206,628€ | No filing for 2024. | 11,436€ | 5.5% | 2 | 753€ |
| 210 | Tank & Go02752603 · Trade | <0.1% | 206,095€ | +14.9% | 12€ | 0.0% | 15 | 1,072€ |
| 211 | Llolla i & i02755769 · Trade | <0.1% | 205,576€ | -11.1% | 2,096€ | 1.0% | 1 | 848€ |
| 212 | Kreativ Studio03315711 · Professional services | <0.1% | 203,427€ | +88.9% | 127,912€ | 62.9% | 5 | 782€ |
| 213 | Fitofarma02831422 · Agriculture | <0.1% | 200,623€ | -7.1% | 10,153€ | 5.1% | 2 | 805€ |
| 214 | Altura Construction03615227 · Construction | <0.1% | 198,264€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | 0.0% | 2 | 675€ |
| 215 | Amel Plus03409295 · Trade | <0.1% | 197,392€ | +51.6% | -51,437€ | -26.1% | 1 | 741€ |
| 216 | Xing Long02399377 · Trade | <0.1% | 196,735€ | +641.4% | -92,206€ | -46.9% | 1 | 674€ |
| 217 | Anastasia Art02674815 · Arts & entertainment | <0.1% | 195,999€ | +1,927.1% | -64,359€ | -32.8% | 3 | 674€ |
| 218 | Restoran Royal03356647 · Hospitality | <0.1% | 194,950€ | -1.7% | 9,112€ | 4.7% | 5 | 978€ |
| 219 | Radio Televizija Ulcinj02899965 · Arts & entertainment | <0.1% | 194,000€ | -6.5% | 52,619€ | 27.1% | 8 | 1,266€ |
| 220 | Dabi & Co03140423 · Trade | <0.1% | 193,827€ | +28.7% | 24,967€ | 12.9% | 2 | 656€ |
| 221 | Pino Company03306569 · Hospitality | <0.1% | 190,821€ | +3.5% | 6,487€ | 3.4% | 3 | 908€ |
| 222 | Besmiri02306484 · Trade | <0.1% | 184,984€ | +3.8% | -5,441€ | -2.9% | 2 | 927€ |
| 223 | Marbo Stone03648672 · Trade | <0.1% | 184,506€ | +51.1% | 13,020€ | 7.1% | 1 | 1,293€ |
| 224 | Kruče Tours02208792 · Hospitality | <0.1% | 183,412€ | +1.9% | 7,983€ | 4.4% | 5 | 637€ |
| 225 | Haaf It Service03626261 · Technology | <0.1% | 182,500€ | +3.7% | 154,635€ | 84.7% | 1 | 677€ |
| 226 | Katana Lux03170128 · Hospitality | <0.1% | 181,876€ | +17.3% | 81,649€ | 44.9% | 4 | 838€ |
| 227 | Adea L03218929 · Hospitality | <0.1% | 179,961€ | -7.6% | 4,613€ | 2.6% | 6 | 1,062€ |
| 228 | M Commerce02366711 · Trade | <0.1% | 175,628€ | +3.0% | -15,394€ | -8.8% | 9 | 661€ |
| 229 | Cllasic02865769 · Trade | <0.1% | 175,465€ | +1.0% | -3,049€ | -1.7% | 4 | 970€ |
| 230 | Sanes03086640 · Hospitality | <0.1% | 173,838€ | -2.5% | -10,447€ | -6.0% | 5 | 1,095€ |
| 231 | Sarito03596451 · Hospitality | <0.1% | 173,626€ | -36.2% | -23,180€ | -13.4% | 4 | 510€ |
| 232 | Baudecor03263371 · Trade | <0.1% | 171,556€ | +31.3% | 10,957€ | 6.4% | 4 | 699€ |
| 233 | Ejan03741818 · Trade | <0.1% | 169,393€ | No filing for 2024. | 2,202€ | 1.3% | 0 | — |
| 234 | BNB Company02832275 · Hospitality | <0.1% | 167,906€ | +20.0% | 16,556€ | 9.9% | 5 | 549€ |
| 235 | Moto Edo03783049 · Trade | <0.1% | 167,066€ | No filing for 2024. | 4,252€ | 2.5% | 0 | — |
| 236 | Gensha03057992 · Manufacturing | <0.1% | 166,889€ | -60.6% | 3,365€ | 2.0% | 3 | 744€ |
| 237 | Menesa & Co03650260 · Construction | <0.1% | 165,666€ | +691.7% | 39,569€ | 23.9% | 2 | 735€ |
| 238 | Aba Medica02726602 · Health & social care | <0.1% | 164,594€ | -6.4% | -9,842€ | -6.0% | 6 | 1,177€ |
| 239 | Hamburger02344629 · Hospitality | <0.1% | 163,203€ | +18.8% | -1,552€ | -1.0% | 5 | 676€ |
| 240 | Sivan03662420 · Hospitality | <0.1% | 162,921€ | +16.4% | 39,172€ | 24.0% | 5 | 409€ |
| 241 | VL Zentrum03707130 · Trade | <0.1% | 161,338€ | +437.8% | 1,927€ | 1.2% | 1 | 929€ |
| 242 | Milla-Milla03039889 · Construction | <0.1% | 160,492€ | -58.3% | -534€ | -0.3% | 5 | 649€ |
| 243 | Hotel Padam & Spa03170756 · Hospitality | <0.1% | 160,316€ | +50.1% | 1,267€ | 0.8% | 5 | 705€ |
| 244 | Bakalli 202303546071 · Hospitality | <0.1% | 159,562€ | +64.2% | 4,466€ | 2.8% | 3 | 426€ |
| 245 | Hidro-H02376911 · Professional services | <0.1% | 159,455€ | +57.0% | 1,447€ | 0.9% | 1 | 881€ |
| 246 | Il Freddo Group03441407 · Hospitality | <0.1% | 159,417€ | -10.7% | 4,399€ | 2.8% | 2 | 1,279€ |
| 247 | Lumi & Flori Group03260925 · Trade | <0.1% | 158,457€ | +49.2% | 19,607€ | 12.4% | 1 | 1,327€ |
| 248 | M.N.B. Kruna02657015 · Manufacturing | <0.1% | 156,070€ | -22.5% | 7,305€ | 4.7% | 1 | 675€ |
| 249 | Pro Gips03471047 · Construction | <0.1% | 156,060€ | +131.0% | 11,279€ | 7.2% | 2 | 1,053€ |
| 250 | Cleaning Point03501027 · Personal services | <0.1% | 155,053€ | +11.0% | 394€ | 0.3% | 8 | 639€ |