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 199
* 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 | Cungu & Co02256134 · Trade | 10.0% | 28,354,457€ | +15.0% | 3,723,152€ | 13.1% | 289 | 1,109€ |
| 2 | Solaris & Co02375036 · Trade | 5.7% | 16,042,770€ | +14.0% | 532,364€ | 3.3% | 81 | 975€ |
| 3 | Kallaba Company02231492 · Trade | 3.9% | 11,143,572€ | +6.1% | 281,246€ | 2.5% | 74 | 885€ |
| 4 | Građacomerc02096528 · Trade | 3.1% | 8,743,931€ | +5.8% | 1,177,629€ | 13.5% | 49 | 1,122€ |
| 5 | Nedim Komerc02215209 · Trade | 2.5% | 7,037,245€ | +53.6% | 345,205€ | 4.9% | 12 | 854€ |
| 6 | HB Com02402971 · Trade | 2.1% | 6,030,189€ | +8.1% | 242,595€ | 4.0% | 40 | 1,033€ |
| 7 | Jadran Market02354845 · Trade | 1.6% | 4,469,299€ | +5.7% | 178,254€ | 4.0% | 40 | 872€ |
| 8 | Mobilars02320096 · Trade | 1.4% | 4,086,420€ | +23.4% | 675,722€ | 16.5% | 21 | 719€ |
| 9 | Lamiga Group02821885 · Trade | 1.4% | 3,948,229€ | -7.0% | 315,702€ | 8.0% | 48 | 762€ |
| 10 | Concordia-Comerc02054566 · Trade | 1.4% | 3,845,795€ | -7.1% | 245,036€ | 6.4% | 34 | 1,042€ |
| 11 | Kurti02197570 · Trade | 1.3% | 3,781,173€ | -10.7% | 254,439€ | 6.7% | 3 | 730€ |
| 12 | Nimani Company02465396 · Trade | 1.1% | 3,068,323€ | +20.9% | 124,292€ | 4.1% | 7 | 921€ |
| 13 | Butrint02293927 · Trade | 0.9% | 2,665,535€ | +11.0% | 38,350€ | 1.4% | 6 | 1,473€ |
| 14 | Pharmalife02878704 · Trade | 0.9% | 2,521,474€ | -5.9% | 48,115€ | 1.9% | 35 | 1,011€ |
| 15 | Loud Shop03244784 · Trade | 0.9% | 2,472,760€ | +7.2% | 75,999€ | 3.1% | 9 | 1,622€ |
| 16 | Kasmi Company02831155 · Trade | 0.8% | 2,316,484€ | -10.6% | -84,621€ | -3.7% | 8 | 601€ |
| 17 | Kuqi Company02068362 · Trade | 0.8% | 2,166,882€ | +14.8% | 243,727€ | 11.2% | 6 | 828€ |
| 18 | Ardi-Company02378663 · Trade | 0.6% | 1,681,341€ | -10.9% | 37,861€ | 2.3% | 26 | 779€ |
| 19 | Bajro Company02949270 · Trade | 0.6% | 1,673,375€ | +4.1% | 66,539€ | 4.0% | 7 | 887€ |
| 20 | Agris02305500 · Trade | 0.5% | 1,456,781€ | +10.5% | -91,927€ | -6.3% | 10 | 1,345€ |
| 21 | V.P. Euro02742225 · Trade | 0.5% | 1,277,887€ | -0.4% | 19,107€ | 1.5% | 3 | 1,035€ |
| 22 | Bratica Commerce02053233 · Trade | 0.4% | 1,257,218€ | -1.2% | 19,513€ | 1.6% | 14 | 995€ |
| 23 | Gramoz02742063 · Trade | 0.4% | 1,017,800€ | -17.4% | 147,497€ | 14.5% | 5 | 684€ |
| 24 | Aleksandar Co02402718 · Trade | 0.3% | 929,387€ | -7.7% | 31,040€ | 3.3% | 7 | 803€ |
| 25 | Eltec02461919 · Trade | 0.3% | 927,420€ | +12.1% | 102,089€ | 11.0% | 4 | 1,407€ |
| 26 | Sinani&Company02680181 · Trade | 0.3% | 917,231€ | +9.3% | 36,619€ | 4.0% | 9 | 873€ |
| 27 | Doči Group02858703 · Trade | 0.3% | 788,444€ | -11.1% | 11,219€ | 1.4% | 9 | 548€ |
| 28 | F&E Company02982625 · Trade | 0.3% | 764,094€ | +9.5% | 11,961€ | 1.6% | 6 | 921€ |
| 29 | Skampa02877643 · Trade | 0.3% | 745,370€ | +12.7% | 43,070€ | 5.8% | 7 | 768€ |
| 30 | Langostino02397315 · Trade | 0.3% | 731,237€ | +28.4% | 37,148€ | 5.1% | 3 | 690€ |
| 31 | Ekspert X02876833 · Trade | 0.3% | 722,220€ | +2.8% | 49,707€ | 6.9% | 12 | 877€ |
| 32 | Holli02699494 · Trade | 0.2% | 662,162€ | +0.7% | 52,833€ | 8.0% | 5 | 779€ |
| 33 | Kolomza Company02888009 · Trade | 0.2% | 613,374€ | +26.8% | 4,091€ | 0.7% | 3 | 803€ |
| 34 | Almir02975211 · Trade | 0.2% | 551,742€ | +46.9% | 5,085€ | 0.9% | 3 | 909€ |
| 35 | SN Electronics02399768 · Trade | 0.2% | 549,409€ | +12.8% | 52,719€ | 9.6% | 23 | 971€ |
| 36 | Aquatech Vision03452336 · Trade | 0.2% | 509,011€ | +50.7% | 162,438€ | 31.9% | 3 | 1,941€ |
| 37 | Besa Company03298566 · Trade | 0.2% | 473,544€ | +1.3% | 26,116€ | 5.5% | 6 | 586€ |
| 38 | Kliko Company02620103 · Trade | 0.2% | 447,154€ | 0.0% | 116,926€ | 26.1% | 16 | 877€ |
| 39 | Flori02680173 · Trade | 0.2% | 426,576€ | +7.3% | 27,539€ | 6.5% | 4 | 814€ |
| 40 | Evm Group03039897 · Trade | 0.1% | 405,329€ | +6.9% | 57,523€ | 14.2% | 6 | 658€ |
| 41 | Sarah Market03425657 · Trade | 0.1% | 397,278€ | +6.4% | 25,566€ | 6.4% | 4 | 444€ |
| 42 | Kurti Company03535037 · Trade | 0.1% | 388,836€ | +6.4% | 25,014€ | 6.4% | 1 | 1,046€ |
| 43 | Dani Comm02705800 · Trade | 0.1% | 379,723€ | -3.3% | 3,967€ | 1.0% | 2 | 797€ |
| 44 | Galen02409534 · Trade | 0.1% | 363,774€ | +40.0% | 18,254€ | 5.0% | 4 | 677€ |
| 45 | Liman Group02786079 · Trade | 0.1% | 351,595€ | +5.3% | 15,383€ | 4.4% | 3 | 910€ |
| 46 | Ha Adi02423006 · Trade | 0.1% | 341,614€ | -3.7% | -17,411€ | -5.1% | 5 | 651€ |
| 47 | Hvac Solution03304876 · Trade | 0.1% | 336,479€ | -19.9% | 4,690€ | 1.4% | 3 | 1,135€ |
| 48 | Tehno-Lux02056348 · Trade | 0.1% | 314,798€ | -4.9% | 4,785€ | 1.5% | 2 | 1,607€ |
| 49 | Kravari02344823 · Trade | 0.1% | 307,081€ | -17.2% | 26,547€ | 8.6% | 4 | 931€ |
| 50 | Unico Company03420205 · Trade | 0.1% | 287,474€ | +44.8% | 40,531€ | 14.1% | 5 | 541€ |