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 97
* 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 | Veterinum02256711 · Professional services | 0.3% | 722,198€ | -2.9% | 15,789€ | 2.2% | 16 | 734€ |
| 2 | Dolida & Co03225623 · Professional services | 0.3% | 715,469€ | +72.6% | 66,533€ | 9.3% | 3 | 1,418€ |
| 3 | Strategic Partnership Group02343207 · Professional services | 0.2% | 480,795€ | +119.0% | 358,004€ | 74.5% | 1 | — |
| 4 | Ital Design02283271 · Professional services | 0.2% | 461,909€ | -34.5% | 22,857€ | 4.9% | 17 | 752€ |
| 5 | Veterinar Beni02985772 · Professional services | 0.1% | 294,514€ | +14.2% | -18,454€ | -6.3% | 5 | 935€ |
| 6 | Smart Engineering03263410 · Professional services | <0.1% | 241,001€ | +13.2% | 11,411€ | 4.7% | 3 | 1,185€ |
| 7 | Finance Group02450518 · Professional services | <0.1% | 236,073€ | +10.9% | 77,093€ | 32.7% | 5 | 1,011€ |
| 8 | Agencija za Planiranje Ulcinj02875292 · Professional services | <0.1% | 217,142€ | +10.9% | 51,406€ | 23.7% | 9 | 1,405€ |
| 9 | L&G Design02446766 · Professional services | <0.1% | 214,203€ | -0.2% | 12,368€ | 5.8% | 3 | 907€ |
| 10 | Kreativ Studio03315711 · Professional services | <0.1% | 203,427€ | +88.9% | 127,912€ | 62.9% | 5 | 782€ |
| 11 | Hidro-H02376911 · Professional services | <0.1% | 159,455€ | +57.0% | 1,447€ | 0.9% | 1 | 881€ |
| 12 | Agro+solution03412032 · Professional services | <0.1% | 135,794€ | +11,708.2% | -38,661€ | -28.5% | 2 | 862€ |
| 13 | Triopro02934604 · Professional services | <0.1% | 134,426€ | +20.1% | 11,261€ | 8.4% | 5 | 577€ |
| 14 | MS Project02687089 · Professional services | <0.1% | 94,466€ | +452.3% | 2,695€ | 2.9% | 1 | 2,736€ |
| 15 | V&B Studio Design02983222 · Professional services | <0.1% | 87,314€ | +73.7% | 8,704€ | 10.0% | 4 | 1,054€ |
| 16 | Smart Finance03336298 · Professional services | <0.1% | 87,209€ | +10.4% | 7,988€ | 9.2% | 7 | 723€ |
| 17 | Fachwelt Verlag03365522 · Professional services | <0.1% | 87,194€ | -39.6% | 10,284€ | 11.8% | 1 | 1,811€ |
| 18 | Ag Finance02907208 · Professional services | <0.1% | 85,658€ | +1.3% | 23,691€ | 27.7% | 2 | 1,289€ |
| 19 | Smart Project & Partners03390977 · Professional services | <0.1% | 82,645€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 55,109€ | 66.7% | 1 | 970€ |
| 20 | Nilex03162443 · Professional services | <0.1% | 71,476€ | -37.6% | -57,644€ | -80.6% | 6 | 1,354€ |
| 21 | Elipsoid02752034 · Professional services | <0.1% | 67,230€ | +91.7% | 20,807€ | 30.9% | 2 | 816€ |
| 22 | Kabellux02636336 · Professional services | <0.1% | 65,372€ | +79.6% | -18,694€ | -28.6% | 4 | 747€ |
| 23 | Ecom Plus02293013 · Professional services | <0.1% | 63,592€ | +4.1% | 4,398€ | 6.9% | 4 | 655€ |
| 24 | Veterinaria&Co03255611 · Professional services | <0.1% | 56,328€ | -23.1% | -6,337€ | -11.3% | 3 | 584€ |
| 25 | Alnes Architects03297896 · Professional services | <0.1% | 54,738€ | -57.0% | 13,571€ | 24.8% | 1 | 985€ |
| 26 | Monte - Bel03361349 · Professional services | <0.1% | 52,769€ | +46.6% | 14,772€ | 28.0% | 1 | 705€ |
| 27 | Liri & Loni02352818 · Professional services | <0.1% | 48,803€ | +59.1% | 11,004€ | 22.5% | 3 | 713€ |
| 28 | Ar-En Group03604772 · Professional services | <0.1% | 48,418€ | +221.5% | -6,673€ | -13.8% | 2 | 678€ |
| 29 | One Lux03125467 · Professional services | <0.1% | 46,855€ | +4.7% | -1,708€ | -3.6% | 1 | 2,342€ |
| 30 | Yourkeyz03629643 · Professional services | <0.1% | 44,982€ | +153.5% | 27,407€ | 60.9% | 1 | 1,211€ |
| 31 | Marniković02876850 · Professional services | <0.1% | 43,272€ | +4.8% | 3,514€ | 8.1% | 3 | 683€ |
| 32 | Antalya02309378 · Professional services | <0.1% | 40,287€ | +18.0% | 1,062€ | 2.6% | 2 | 435€ |
| 33 | Ha - Be02697602 · Professional services | <0.1% | 40,118€ | +5.0% | 5,839€ | 14.6% | 4 | 640€ |
| 34 | Plan02399385 · Professional services | <0.1% | 38,033€ | +94.6% | 12,809€ | 33.7% | 3 | 614€ |
| 35 | Green Hills 2103390489 · Professional services | <0.1% | 34,683€ | +40.9% | 9,743€ | 28.1% | 2 | 777€ |
| 36 | Pro Arch02902656 · Professional services | <0.1% | 33,514€ | +70.6% | 6,962€ | 20.8% | 2 | 922€ |
| 37 | Foto Bruno02842432 · Professional services | <0.1% | 33,142€ | -13.0% | -3,707€ | -11.2% | 2 | 751€ |
| 38 | A. Office03567109 · Professional services | <0.1% | 32,269€ | +109.9% | 8,491€ | 26.3% | 1 | 1,601€ |
| 39 | Institut za Naučna Istraživanja i Razvoj02910977 · Professional services | <0.1% | 31,103€ | +91.6% | -460€ | -1.5% | 1 | 926€ |
| 40 | Ekosphere Consulting03734285 · Professional services | <0.1% | 29,910€ | No filing for 2024. | 11,069€ | 37.0% | 2 | 465€ |
| 41 | Veterinar-Toplica02797232 · Professional services | <0.1% | 29,902€ | -6.6% | -14,855€ | -49.7% | 2 | 827€ |
| 42 | Protecsys03413357 · Professional services | <0.1% | 28,717€ | +1.0% | -1,562€ | -5.4% | 2 | 423€ |
| 43 | Monte Plan Group03456218 · Professional services | <0.1% | 28,285€ | +121.1% | 2,982€ | 10.5% | 1 | 929€ |
| 44 | Re Finance03709868 · Professional services | <0.1% | 26,979€ | +4,396.5% | 4,937€ | 18.3% | 1 | 1,365€ |
| 45 | Ha & Ba Konto02383969 · Professional services | <0.1% | 26,662€ | -4.6% | 436€ | 1.6% | 1 | 855€ |
| 46 | Smart Lex03671445 · Professional services | <0.1% | 25,360€ | +166.5% | -7,691€ | -30.3% | 2 | 984€ |
| 47 | Finance Bureau03394239 · Professional services | <0.1% | 24,483€ | +47.9% | 5,057€ | 20.7% | 1 | 1,383€ |
| 48 | Bilans Plus A&J03028887 · Professional services | <0.1% | 22,547€ | -12.3% | -785€ | -3.5% | 2 | 632€ |
| 49 | Finance M02763222 · Professional services | <0.1% | 20,130€ | +29.5% | 3,566€ | 17.7% | 2 | 441€ |
| 50 | LKS Engineering03662551 · Professional services | <0.1% | 18,830€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,686€ | 35.5% | 1 | 944€ |