Revenue
4.3% of Montenegro's revenue
3,326 companies earned 758.90m€ in 2025, 4.3% of all company revenue in Montenegro. It ranks 4 of 25 municipalities by revenue. Revenue has grown 3.2× since 2015.
4.3% of Montenegro's revenue
72.6 per 1,000 residents · Montenegro 57.3
Largest employer: Kadar Plus (519)
Total profit: 29.89m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 239,370,876€ | 1,306 |
| 2016 | 262,228,157€ | 1,380 |
| 2017 | 301,053,489€ | 1,496 |
| 2018 | 333,446,222€ | 1,663 |
| 2019 | 351,884,422€ | 1,831 |
| 2020 | 318,094,388€ | 2,022 |
| 2021 | 391,032,089€ | 2,198 |
| 2022 | 548,447,681€ | 2,694 |
| 2023 | 592,141,198€ | 3,169 |
| 2024 | 674,325,394€ | 3,269 |
| 2025 (Preliminary) | 758,900,352€ | 3,326 |
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 551–600 of 3,326
* 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* |
|---|
| 551 | Milibar03509125 · Hospitality | <0.1% | 154,759€ | +13.7% | -32,845€ | -21.2% | 5 | 814€ |
| 552 | Acquera Montenegro03253902 · Transport & logistics | <0.1% | 154,178€ | -42.7% | 5,894€ | 3.8% | 4 | 1,647€ |
| 553 | Hospitium Company02408716 · Hospitality | <0.1% | 154,053€ | +71.3% | 17,332€ | 11.3% | 5 | 699€ |
| 554 | I&N Stil02892898 · Trade | <0.1% | 152,500€ | +9.0% | 59,467€ | 39.0% | 3 | 867€ |
| 555 | Portum03347818 · Hospitality | <0.1% | 151,916€ | +18.3% | 991€ | 0.7% | 4 | 1,158€ |
| 556 | Suuma Montenegro03407829 · Trade | <0.1% | 151,840€ | +23.6% | 89,124€ | 58.7% | 2 | 813€ |
| 557 | Apple Bulatović02286661 · Trade | <0.1% | 151,812€ | +3.4% | -150,557€ | -99.2% | 3 | 880€ |
| 558 | Luison02919940 · Construction | <0.1% | 151,257€ | -7.5% | 51,418€ | 34.0% | 4 | 441€ |
| 559 | Kanka03220010 · Hospitality | <0.1% | 150,875€ | +36.0% | -82,578€ | -54.7% | 3 | 338€ |
| 560 | Brogames Montenegro03421724 · Technology | <0.1% | 149,530€ | +975.8% | -2,081€ | -1.4% | 2 | 752€ |
| 561 | B3 Creative Solutions03562514 · Arts & entertainment | <0.1% | 148,839€ | +106.1% | 15,503€ | 10.4% | 1 | 9,011€ |
| 562 | Sobstvena Energija03440443 · Construction | <0.1% | 148,429€ | +1,712.3% | 30,463€ | 20.5% | 1 | 679€ |
| 563 | Ietc- Development03166732 · Hospitality | <0.1% | 147,945€ | +161.3% | 10,822€ | 7.3% | 3 | 748€ |
| 564 | Arhes03456030 · Construction | <0.1% | 147,562€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 65,510€ | 44.4% | 6 | 605€ |
| 565 | Koru03677036 · Professional services | <0.1% | 147,187€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 98,909€ | 67.2% | 2 | 1,588€ |
| 566 | Merkato - F02844133 · Trade | <0.1% | 146,904€ | -15.3% | 8,686€ | 5.9% | 2 | 678€ |
| 567 | Sonas03349748 · Trade | <0.1% | 146,459€ | +7.6% | 2,626€ | 1.8% | 5 | 653€ |
| 568 | Tomanis02312352 · Trade | <0.1% | 145,469€ | +10.7% | -18,199€ | -12.5% | 2 | 1,240€ |
| 569 | Ceger03140768 · Trade | <0.1% | 144,969€ | +19.6% | 6,140€ | 4.2% | 3 | 738€ |
| 570 | SP - Elektromax02732785 · Construction | <0.1% | 144,956€ | -6.1% | -7,049€ | -4.9% | 3 | 1,010€ |
| 571 | Xio Cafe03507360 · Hospitality | <0.1% | 144,584€ | -18.3% | -48,877€ | -33.8% | 5 | 1,510€ |
| 572 | Gru Company03239764 · Hospitality | <0.1% | 144,493€ | -9.0% | 13,970€ | 9.7% | 2 | 1,429€ |
| 573 | Mon Chemie03597377 · Professional services | <0.1% | 144,092€ | +113.6% | 85,150€ | 59.1% | 1 | 1,700€ |
| 574 | Avdić Gradnja03074862 · Construction | <0.1% | 143,586€ | +163.8% | -51,535€ | -35.9% | 12 | 638€ |
| 575 | Kajser Gradnja03349608 · Construction | <0.1% | 143,365€ | +3.4% | -14,802€ | -10.3% | 8 | 988€ |
| 576 | Stil Italia03128563 · Trade | <0.1% | 142,735€ | -9.6% | 2,427€ | 1.7% | 2 | 760€ |
| 577 | Pacamama02682290 · Transport & logistics | <0.1% | 142,174€ | +0.5% | 596€ | 0.4% | 12 | 677€ |
| 578 | SGS Beograd02834723 · Professional services | <0.1% | 141,592€ | -5.2% | 22,615€ | 16.0% | 3 | 2,296€ |
| 579 | TBCB03344614 · Hospitality | <0.1% | 141,584€ | +4.3% | -112€ | -0.1% | 6 | 786€ |
| 580 | The Pub02983389 · Hospitality | <0.1% | 141,547€ | +200.4% | -11,183€ | -7.9% | 2 | 491€ |
| 581 | Vava Trans03162362 · Transport & logistics | <0.1% | 141,392€ | -7.2% | 3,928€ | 2.8% | 4 | 1,044€ |
| 582 | Niki Group03685551 · Hospitality | <0.1% | 141,176€ | +193.6% | 615€ | 0.4% | 8 | 604€ |
| 583 | Peročević02976234 · Transport & logistics | <0.1% | 141,030€ | -22.2% | 15,905€ | 11.3% | 3 | 893€ |
| 584 | B.H.Bauunternehmungs02817888 · Construction | <0.1% | 140,923€ | +186.5% | -35,514€ | -25.2% | 2 | 502€ |
| 585 | Kolpak03215946 · Technology | <0.1% | 140,770€ | +222.4% | 51,740€ | 36.8% | 1 | 910€ |
| 586 | In - Bar02964279 · Administrative services | <0.1% | 140,433€ | -5.0% | 1,312€ | 0.9% | 3 | 867€ |
| 587 | Marinero 103035956 · Administrative services | <0.1% | 139,712€ | +79.4% | 2,321€ | 1.7% | 2 | 921€ |
| 588 | Ensar Constrution Solutions03647803 · Construction | <0.1% | 139,665€ | -18.8% | 119€ | 0.1% | 9 | — |
| 589 | Studio Aspeqt03619567 · Professional services | <0.1% | 138,820€ | -40.3% | 12,890€ | 9.3% | 5 | 1,592€ |
| 590 | VD Univerzal03674703 · Construction | <0.1% | 138,663€ | +437.6% | -40,917€ | -29.5% | 4 | 715€ |
| 591 | Comfort Tech03426432 · Construction | <0.1% | 138,050€ | +113.4% | -18,830€ | -13.6% | 2 | 543€ |
| 592 | Energy Up03452247 · Hospitality | <0.1% | 137,523€ | +49.9% | 3,876€ | 2.8% | 3 | 928€ |
| 593 | Trgovina Anb02260867 · Trade | <0.1% | 137,347€ | -63.1% | -18,080€ | -13.2% | 2 | 857€ |
| 594 | Korni02358913 · Manufacturing | <0.1% | 137,054€ | -2.1% | 2,523€ | 1.8% | 5 | 623€ |
| 595 | Marlin Nautika03297063 · Trade | <0.1% | 135,745€ | +3.2% | -7,110€ | -5.2% | 5 | 890€ |
| 596 | Vukićević Corp03622983 · Administrative services | <0.1% | 135,598€ | +42.2% | 49,875€ | 36.8% | 1 | 3,750€ |
| 597 | Kolibri Tri03079473 · Manufacturing | <0.1% | 135,453€ | +94.1% | -6,246€ | -4.6% | 8 | 488€ |
| 598 | Elit - M03091287 · Trade | <0.1% | 134,879€ | +16.7% | 26,251€ | 19.5% | 5 | 588€ |
| 599 | MSK - CG02415089 · Transport & logistics | <0.1% | 134,318€ | +7.3% | 166€ | 0.1% | 1 | 5,759€ |
| 600 | Bar - Pek02986175 · Manufacturing | <0.1% | 133,971€ | -11.5% | 1,475€ | 1.1% | 7 | 681€ |