Revenue
1.6% of Montenegro's revenue
260 companies earned 275.20m€ in 2025, 1.6% of all company revenue in Montenegro. It ranks 11 of 25 municipalities by revenue. Revenue has grown 2.8× since 2015.
1.6% of Montenegro's revenue
16.2 per 1,000 residents · Montenegro 57.3
Largest employer: Hifa Oil CG (105)
Total profit: 14.42m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 98,706,534€ | 76 |
| 2016 | 111,696,923€ | 82 |
| 2017 | 119,495,670€ | 87 |
| 2018 | 126,642,248€ | 98 |
| 2019 | 131,043,958€ | 109 |
| 2020 | 97,613,114€ | 119 |
| 2021 | 122,653,984€ | 134 |
| 2022 | 138,363,297€ | 149 |
| 2023 | 204,532,621€ | 190 |
| 2024 | 245,104,393€ | 229 |
| 2025 (Preliminary) | 275,203,025€ | 260 |
The number of companies jumped most in 2023: from 149 to 190.
† Zeta became a municipality in 2022; earlier years show companies seated there today
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 101–150 of 260
* 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* |
|---|
| 101 | Proweld03635473 · Trade | <0.1% | 129,297€ | +179.3% | 6,650€ | 5.1% | 2 | 303€ |
| 102 | Montenegro Truck02800624 · Trade | <0.1% | 124,168€ | +24.4% | 1,470€ | 1.2% | 2 | 430€ |
| 103 | Avio Trans03242145 · Transport & logistics | <0.1% | 123,173€ | +47.4% | 33,287€ | 27.0% | 1 | 1,082€ |
| 104 | Pregalac CG02966921 · Trade | <0.1% | 116,450€ | -18.3% | 1,332€ | 1.1% | 1 | 465€ |
| 105 | Lux Residence03334848 · Construction | <0.1% | 114,794€ | +32.1% | -80,691€ | -70.3% | 1 | 1,179€ |
| 106 | Rollo Master03712435 · Professional services | <0.1% | 110,538€ | +860.4% | 1,669€ | 1.5% | 2 | 375€ |
| 107 | Agroagro03423581 · Agriculture | <0.1% | 106,003€ | +1,648.9% | 15,389€ | 14.5% | 2 | 570€ |
| 108 | Sistem Transport03236447 · Transport & logistics | <0.1% | 101,271€ | +27.4% | 29,145€ | 28.8% | 1 | 2,279€ |
| 109 | Brand's03735800 · Trade | <0.1% | 93,280€ | No filing for 2024. | 2,614€ | 2.8% | 2 | — |
| 110 | PS Trans03473538 · Transport & logistics | <0.1% | 92,052€ | +42.6% | 12,050€ | 13.1% | 2 | 905€ |
| 111 | Professional Team Mne03637387 · Construction | <0.1% | 90,621€ | +138.6% | -24,032€ | -26.5% | 3 | 1,058€ |
| 112 | Vanderbilt03740889 · Real estate | <0.1% | 90,000€ | No filing for 2024. | 63,204€ | 70.2% | 1 | — |
| 113 | Winner Lux03593827 · Transport & logistics | <0.1% | 89,995€ | +242.2% | 32,935€ | 36.6% | 2 | 1,185€ |
| 114 | RS3 Trans03754324 · Transport & logistics | <0.1% | 86,963€ | No filing for 2024. | 5,767€ | 6.6% | 2 | 1,226€ |
| 115 | Gas Horeca03431169 · Personal services | <0.1% | 83,511€ | +78.9% | 16,500€ | 19.8% | 2 | 777€ |
| 116 | Majs-N02930650 · Transport & logistics | <0.1% | 82,794€ | -1.6% | 13,113€ | 15.8% | 2 | 1,222€ |
| 117 | Drive Car03723054 · Administrative services | <0.1% | 81,753€ | No filing for 2024. | 25,752€ | 31.5% | 1 | 664€ |
| 118 | B&R Company03654346 · Manufacturing | <0.1% | 73,671€ | +145.0% | 5,573€ | 7.6% | 1 | 715€ |
| 119 | Tiodorović02656914 · Transport & logistics | <0.1% | 73,127€ | +3.2% | 8,108€ | 11.1% | 1 | 2,377€ |
| 120 | Elien03640418 · Construction | <0.1% | 72,251€ | +88.4% | 777€ | 1.1% | 5 | 877€ |
| 121 | Shutex Elektro03324770 · Construction | <0.1% | 71,241€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,832€ | -8.2% | 2 | 921€ |
| 122 | Apartments Aerodrom03730298 · Hospitality | <0.1% | 70,995€ | No filing for 2024. | 9,532€ | 13.4% | 0 | — |
| 123 | K 9 Montenegro02773333 · Arts & entertainment | <0.1% | 70,631€ | +13.4% | -4,992€ | -7.1% | 1 | 1,109€ |
| 124 | Mini Bambini03519422 · Trade | <0.1% | 68,038€ | +31.3% | 1,908€ | 2.8% | 1 | 696€ |
| 125 | W Alu Mont03677818 · Construction | <0.1% | 67,248€ | +28.9% | 205€ | 0.3% | 3 | 904€ |
| 126 | Aluklik03278263 · Construction | <0.1% | 66,667€ | +95.7% | -7,323€ | -11.0% | 2 | 681€ |
| 127 | Auto Servis Milun02370522 · Personal services | <0.1% | 66,305€ | +14.5% | 2,609€ | 3.9% | 4 | 680€ |
| 128 | Dacars03321819 · Trade | <0.1% | 66,122€ | -89.2% | -110,741€ | -167.5% | 1 | 675€ |
| 129 | Sal Trans03412709 · Transport & logistics | <0.1% | 65,747€ | -20.2% | 957€ | 1.5% | 2 | 1,133€ |
| 130 | Raičević Transport03127559 · Transport & logistics | <0.1% | 64,921€ | +27.2% | -21,409€ | -33.0% | 1 | 2,047€ |
| 131 | DM Perfect03652173 · Personal services | <0.1% | 61,225€ | +100.6% | 1,540€ | 2.5% | 3 | 905€ |
| 132 | Elite Ride Mugoša03712915 · Transport & logistics | <0.1% | 59,808€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,660€ | -39.6% | 2 | 619€ |
| 133 | Škatarić03532577 · Transport & logistics | <0.1% | 58,252€ | -7.6% | 1,853€ | 3.2% | 2 | 874€ |
| 134 | Vujačić Tip-Top02976986 · Trade | <0.1% | 58,202€ | -8.9% | 6,307€ | 10.8% | 2 | 423€ |
| 135 | PG Transport02992787 · Transport & logistics | <0.1% | 57,137€ | -13.6% | 5,748€ | 10.1% | 1 | 1,524€ |
| 136 | Austrian Airlines Ag02667258 · Transport & logistics | <0.1% | 56,526€ | -31.5% | -39,927€ | -70.6% | 2 | — |
| 137 | 02103774562 · Trade | <0.1% | 56,080€ | No filing for 2024. | 1,263€ | 2.3% | 1 | — |
| 138 | MB Pro Company03724395 · Construction | <0.1% | 54,100€ | No filing for 2024. | 2,755€ | 5.1% | 1 | 986€ |
| 139 | Per Trans03713121 · Transport & logistics | <0.1% | 51,913€ | +5,091.3% | 9,090€ | 17.5% | 1 | 702€ |
| 140 | Cool Clinic03650189 · Construction | <0.1% | 51,431€ | +5.8% | 1,667€ | 3.2% | 1 | 1,242€ |
| 141 | Hill Homes Montenegro03542491 · Real estate | <0.1% | 50,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 8,098€ | 16.2% | 1 | 1,612€ |
| 142 | Dijana02710919 · Health & social care | <0.1% | 46,287€ | -4.4% | 758€ | 1.6% | 2 | 1,035€ |
| 143 | Ulicom02225875 · Transport & logistics | <0.1% | 45,190€ | +182.8% | 3,226€ | 7.1% | 2 | 729€ |
| 144 | Auto Centar Drug02972654 · Professional services | <0.1% | 45,156€ | +8.4% | 1,492€ | 3.3% | 4 | 520€ |
| 145 | BK6703571769 · Construction | <0.1% | 43,975€ | -13.1% | -19,888€ | -45.2% | 1 | 675€ |
| 146 | A&D Capital03713644 · Manufacturing | <0.1% | 42,823€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,102€ | 4.9% | 2 | 678€ |
| 147 | Anđušić Group03565378 · Trade | <0.1% | 42,624€ | +51.0% | 270€ | 0.6% | 3 | 779€ |
| 148 | Sidro Shop03415015 · Trade | <0.1% | 42,102€ | -21.4% | -6,043€ | -14.4% | 3 | 341€ |
| 149 | VRM Montecarne02755823 · Manufacturing | <0.1% | 41,678€ | -93.1% | -80,315€ | -192.7% | 2 | 1,730€ |
| 150 | NV Logistics03625141 · Administrative services | <0.1% | 41,541€ | -53.4% | 3,395€ | 8.2% | 1 | — |