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 1–50 of 68
* 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 | Hifa Oil CG03136981 · Trade | 20.9% | 57,428,372€ | +17.7% | 1,317,780€ | 2.3% | 105 | 1,256€ |
| 2 | Zeta Trade02634163 · Trade | 8.9% | 24,610,794€ | +32.0% | 1,320,997€ | 5.4% | 16 | 1,303€ |
| 3 | Autočačak Podgorica02466414 · Trade | 7.0% | 19,310,229€ | +4.0% | 1,934,906€ | 10.0% | 24 | 1,439€ |
| 4 | Bobi Commerce02186586 · Trade | 6.6% | 18,155,046€ | +1.5% | 634,257€ | 3.5% | 40 | 1,821€ |
| 5 | Jadran Auto03069052 · Trade | 4.2% | 11,680,415€ | +40.5% | 339,346€ | 2.9% | 15 | 2,246€ |
| 6 | Čelebić Petrol Trade03077268 · Trade | 3.3% | 9,209,955€ | -7.3% | 223,381€ | 2.4% | 23 | 898€ |
| 7 | Vujačić Company02782367 · Trade | 3.1% | 8,428,733€ | +9.1% | 626,678€ | 7.4% | 32 | 1,736€ |
| 8 | Winner Company03314006 · Trade | 2.4% | 6,506,511€ | +21.9% | 114,321€ | 1.8% | 2 | 1,497€ |
| 9 | San Francisko02206196 · Trade | 2.0% | 5,578,865€ | +5.4% | 118,647€ | 2.1% | 4 | 604€ |
| 10 | Zeta Petrol03044629 · Trade | 2.0% | 5,570,156€ | +13.8% | 153,853€ | 2.8% | 8 | 840€ |
| 11 | Vujačić Id02316994 · Trade | 1.9% | 5,300,297€ | +5.2% | 1,067,430€ | 20.1% | 18 | 1,580€ |
| 12 | Sirex02732688 · Trade | 1.6% | 4,390,850€ | +11.2% | 242,648€ | 5.5% | 9 | 1,146€ |
| 13 | Montefruit02685086 · Trade | 1.2% | 3,358,917€ | -37.2% | -468,487€ | -13.9% | 6 | 740€ |
| 14 | Holcorn02132982 · Trade | 1.0% | 2,758,663€ | +10.1% | 188,345€ | 6.8% | 7 | 1,832€ |
| 15 | MM Zeta03005399 · Trade | 1.0% | 2,738,618€ | +19.8% | 108,306€ | 4.0% | 19 | 678€ |
| 16 | Voćar Kalja Co02831945 · Trade | 0.7% | 1,997,545€ | +37.2% | 117,981€ | 5.9% | 10 | 1,326€ |
| 17 | Pop Petrol03344304 · Trade | 0.6% | 1,704,574€ | +0.6% | 25,398€ | 1.5% | 11 | 1,343€ |
| 18 | Senić Petrol02248026 · Trade | 0.4% | 1,172,599€ | -70.9% | 17,251€ | 1.5% | 5 | 2,033€ |
| 19 | Dar Prirode03141314 · Trade | 0.4% | 1,147,684€ | -12.2% | 26,860€ | 2.3% | 4 | 748€ |
| 20 | Euro Truck - Montenegro02212200 · Trade | 0.3% | 824,291€ | +0.6% | 25,618€ | 3.1% | 3 | 762€ |
| 21 | As Pharm02859050 · Trade | 0.3% | 807,098€ | -0.2% | 859€ | 0.1% | 7 | 1,031€ |
| 22 | M & D Aligrudić Company02316889 · Trade | 0.3% | 807,092€ | +7.4% | 22,484€ | 2.8% | 7 | 1,306€ |
| 23 | Dragije02259192 · Trade | 0.3% | 792,723€ | +3.7% | 43,596€ | 5.5% | 9 | 847€ |
| 24 | Rec Montenegro03237982 · Trade | 0.3% | 784,841€ | +20.5% | -705€ | -0.1% | 1 | 1,209€ |
| 25 | PSC Knezevic03032221 · Trade | 0.3% | 779,628€ | +16.1% | 9,106€ | 1.2% | 14 | 911€ |
| 26 | Radoičić-VB Commerce02318377 · Trade | 0.2% | 457,669€ | +19.4% | -7,930€ | -1.7% | 6 | 833€ |
| 27 | Uroš Promet03364518 · Trade | 0.1% | 404,724€ | -6.2% | -262,667€ | -64.9% | 1 | 856€ |
| 28 | Duga Trade02830531 · Trade | 0.1% | 385,193€ | +11.5% | 30,505€ | 7.9% | 6 | 927€ |
| 29 | Waste Pro03310698 · Trade | 0.1% | 369,808€ | +21.4% | 20,852€ | 5.6% | 2 | 1,243€ |
| 30 | Imt Libera02360110 · Trade | 0.1% | 368,360€ | +17.6% | 73€ | 0.0% | 3 | 1,042€ |
| 31 | Car Loft03475824 · Trade | 0.1% | 343,174€ | +20.2% | 28,530€ | 8.3% | 2 | 1,417€ |
| 32 | Krstović03277453 · Trade | <0.1% | 225,056€ | +27.0% | 1,319€ | 0.6% | 5 | 1,285€ |
| 33 | Petrix03603431 · Trade | <0.1% | 224,682€ | -37.5% | 13,049€ | 5.8% | 1 | 801€ |
| 34 | Start Inox02731312 · Trade | <0.1% | 217,380€ | -14.1% | 8,203€ | 3.8% | 2 | 550€ |
| 35 | Novaković02435276 · Trade | <0.1% | 216,398€ | -16.6% | -35,485€ | -16.4% | 8 | 634€ |
| 36 | MN-Fruit03754049 · Trade | <0.1% | 215,025€ | No filing for 2024. | 10,538€ | 4.9% | 1 | 453€ |
| 37 | Proweld03635473 · Trade | <0.1% | 129,297€ | +179.3% | 6,650€ | 5.1% | 2 | 303€ |
| 38 | Montenegro Truck02800624 · Trade | <0.1% | 124,168€ | +24.4% | 1,470€ | 1.2% | 2 | 430€ |
| 39 | Pregalac CG02966921 · Trade | <0.1% | 116,450€ | -18.3% | 1,332€ | 1.1% | 1 | 465€ |
| 40 | Brand's03735800 · Trade | <0.1% | 93,280€ | No filing for 2024. | 2,614€ | 2.8% | 2 | — |
| 41 | Mini Bambini03519422 · Trade | <0.1% | 68,038€ | +31.3% | 1,908€ | 2.8% | 1 | 696€ |
| 42 | Dacars03321819 · Trade | <0.1% | 66,122€ | -89.2% | -110,741€ | -167.5% | 1 | 675€ |
| 43 | Vujačić Tip-Top02976986 · Trade | <0.1% | 58,202€ | -8.9% | 6,307€ | 10.8% | 2 | 423€ |
| 44 | 02103774562 · Trade | <0.1% | 56,080€ | No filing for 2024. | 1,263€ | 2.3% | 1 | — |
| 45 | Anđušić Group03565378 · Trade | <0.1% | 42,624€ | +51.0% | 270€ | 0.6% | 3 | 779€ |
| 46 | Sidro Shop03415015 · Trade | <0.1% | 42,102€ | -21.4% | -6,043€ | -14.4% | 3 | 341€ |
| 47 | Monteshop02990172 · Trade | <0.1% | 41,228€ | +152.9% | 8,784€ | 21.3% | 1 | 1,668€ |
| 48 | Chateaux03636674 · Trade | <0.1% | 40,886€ | -9.6% | -1,409€ | -3.4% | 1 | 1,245€ |
| 49 | Zetica03618323 · Trade | <0.1% | 39,220€ | +216.0% | 3,677€ | 9.4% | 1 | 2,352€ |
| 50 | Voks Tim03705048 · Trade | <0.1% | 38,445€ | +5,528.8% | -8,105€ | -21.1% | 3 | 678€ |