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 151–200 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* |
|---|
| 151 | Monteshop02990172 · Trade | <0.1% | 41,228€ | +152.9% | 8,784€ | 21.3% | 1 | 1,668€ |
| 152 | Chateaux03636674 · Trade | <0.1% | 40,886€ | -9.6% | -1,409€ | -3.4% | 1 | 1,245€ |
| 153 | Klikovac Trans03384667 · Transport & logistics | <0.1% | 40,176€ | -16.6% | 426€ | 1.1% | 1 | 952€ |
| 154 | Lco&Farm03741338 · Professional services | <0.1% | 40,124€ | No filing for 2024. | 3,093€ | 7.7% | 1 | — |
| 155 | Zetica03618323 · Trade | <0.1% | 39,220€ | +216.0% | 3,677€ | 9.4% | 1 | 2,352€ |
| 156 | Voks Tim03705048 · Trade | <0.1% | 38,445€ | +5,528.8% | -8,105€ | -21.1% | 3 | 678€ |
| 157 | Fabienne03640957 · Manufacturing | <0.1% | 38,118€ | +7,554.2% | 4,125€ | 10.8% | 1 | 1,421€ |
| 158 | Madžarović02878291 · Trade | <0.1% | 37,926€ | +27.7% | 3,635€ | 9.6% | 1 | 695€ |
| 159 | SD Company03624218 · Transport & logistics | <0.1% | 36,764€ | +45.2% | 568€ | 1.5% | 4 | 693€ |
| 160 | Tinjalica03750167 · Construction | <0.1% | 35,820€ | No filing for 2024. | 6,289€ | 17.6% | 1 | — |
| 161 | Sneža i Vesna03307727 · Trade | <0.1% | 35,465€ | +17.0% | -2,599€ | -7.3% | 4 | 677€ |
| 162 | Kojičić03544249 · Hospitality | <0.1% | 35,285€ | -46.5% | 3,261€ | 9.2% | 1 | 678€ |
| 163 | Dječji Kutak J&A03582183 · Trade | <0.1% | 35,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,220€ | -3.5% | 3 | 408€ |
| 164 | TDS Drive03775780 · Transport & logistics | <0.1% | 34,111€ | No filing for 2024. | -2,071€ | -6.1% | 1 | 538€ |
| 165 | Nova Pekara03752674 · Manufacturing | <0.1% | 33,777€ | No filing for 2024. | -93€ | -0.3% | 1 | 898€ |
| 166 | Drakić.V03224783 · Transport & logistics | <0.1% | 31,448€ | -0.7% | 5,341€ | 17.0% | 1 | 591€ |
| 167 | Gem-Frigotransport03630528 · Transport & logistics | <0.1% | 31,238€ | +320.4% | 7,537€ | 24.1% | 1 | 1,477€ |
| 168 | T&T Consulting03504654 · Professional services | <0.1% | 29,915€ | +5.2% | 119€ | 0.4% | 3 | 726€ |
| 169 | As Fitnes03311309 · Arts & entertainment | <0.1% | 29,679€ | -1.4% | -820€ | -2.8% | 1 | 675€ |
| 170 | Klik Foto03563669 · Professional services | <0.1% | 29,580€ | +82.8% | 5,447€ | 18.4% | 1 | 678€ |
| 171 | Bilans Uspjeha03723747 · Professional services | <0.1% | 29,415€ | No filing for 2024. | -9,477€ | -32.2% | 0 | — |
| 172 | Out of Box Solutions03377920 · Professional services | <0.1% | 29,345€ | +12.3% | 3,227€ | 11.0% | 1 | 2,050€ |
| 173 | Zeta M.M. Stanišić03727254 · Trade | <0.1% | 29,273€ | No filing for 2024. | -1,036€ | -3.5% | 2 | 616€ |
| 174 | Zeta Group M&M03608379 · Hospitality | <0.1% | 28,770€ | +35.7% | 947€ | 3.3% | 2 | 403€ |
| 175 | Slavica Beauty03343731 · Personal services | <0.1% | 28,252€ | -1.6% | 1,252€ | 4.4% | 2 | 677€ |
| 176 | Evecen03616746 · Hospitality | <0.1% | 28,165€ | +41.8% | -16,702€ | -59.3% | 3 | 733€ |
| 177 | Mi-Pe Company03631842 · Manufacturing | <0.1% | 27,884€ | +75.2% | 5,871€ | 21.1% | 2 | 678€ |
| 178 | Midabo Group03140270 · Personal services | <0.1% | 27,464€ | -2.8% | 1,836€ | 6.7% | 1 | 707€ |
| 179 | Flojd-Rent A Car03175324 · Administrative services | <0.1% | 26,802€ | -2.9% | -581€ | -2.2% | 1 | 1,514€ |
| 180 | Mihema Kop03737691 · Construction | <0.1% | 24,830€ | No filing for 2024. | 4,682€ | 18.9% | 1 | 565€ |
| 181 | K-Konto Plus03350916 · Professional services | <0.1% | 23,130€ | -35.2% | -38,340€ | -165.8% | 2 | 417€ |
| 182 | Lider02932741 · Education | <0.1% | 23,026€ | +47.9% | 3,657€ | 15.9% | 2 | 629€ |
| 183 | Si Monter03491897 · Construction | <0.1% | 22,594€ | +7.2% | 910€ | 4.0% | 1 | 619€ |
| 184 | Pop Mne03785378 · Real estate | <0.1% | 22,300€ | No filing for 2024. | 5,529€ | 24.8% | 1 | 867€ |
| 185 | Ivana Tepisi03624129 · Trade | <0.1% | 22,215€ | +28.8% | -38,144€ | -171.7% | 2 | 622€ |
| 186 | Hair Studio Marko03342107 · Personal services | <0.1% | 21,900€ | +20.8% | -93€ | -0.4% | 2 | 784€ |
| 187 | RS Kran03703720 · Transport & logistics | <0.1% | 21,730€ | +1,277.9% | -603€ | -2.8% | 1 | 680€ |
| 188 | M&R Cars03726975 · Transport & logistics | <0.1% | 21,608€ | No filing for 2024. | 1,015€ | 4.7% | 1 | 1,249€ |
| 189 | DDM Zeta Company03317714 · Hospitality | <0.1% | 21,146€ | +4.2% | -7,545€ | -35.7% | 3 | 520€ |
| 190 | Regal Furniture03741559 · Construction | <0.1% | 21,130€ | No filing for 2024. | -784€ | -3.7% | 0 | — |
| 191 | MM Fruit03760120 · Transport & logistics | <0.1% | 19,833€ | No filing for 2024. | -5,864€ | -29.6% | 0 | — |
| 192 | Studio Milena03660427 · Personal services | <0.1% | 19,625€ | +268.2% | -405€ | -2.1% | 2 | 625€ |
| 193 | Im-Co03298035 · Professional services | <0.1% | 19,516€ | +97.5% | 6,051€ | 31.0% | 1 | 927€ |
| 194 | Millennium Finance & Consulting03620166 · Professional services | <0.1% | 19,413€ | +183.4% | 2,113€ | 10.9% | 1 | 479€ |
| 195 | Čelebić Transport02765969 · Transport & logistics | <0.1% | 18,963€ | +154.9% | -1,092€ | -5.8% | 1 | 385€ |
| 196 | Meps Engineering03200850 · Professional services | <0.1% | 18,814€ | -73.2% | -12,149€ | -64.6% | 1 | 857€ |
| 197 | Finsight Ai03781348 · Technology | <0.1% | 18,669€ | No filing for 2024. | 0€ | 0.0% | 1 | 1,512€ |
| 198 | Miloš Elektrika03528332 · Trade | <0.1% | 18,515€ | +145.7% | 89€ | 0.5% | 2 | 678€ |
| 199 | Varmont Company03365875 · Construction | <0.1% | 18,509€ | -31.6% | -22,522€ | -121.7% | 2 | 360€ |
| 200 | VMJ03793737 · Trade | <0.1% | 17,709€ | No filing for 2024. | 137€ | 0.8% | 1 | — |