Bar

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.

Municipality · 2025

Year

Revenue

758.90m€3.2× since 2015

4.3% of Montenegro's revenue

Companies

3,326+2,020 since 2015

72.6 per 1,000 residents · Montenegro 57.3

Employees

12,0282.1× since 2015

Largest employer: Kadar Plus (519)

Profit margin

3.9%2.2 pts below average

Total profit: 29.89m€

This municipality 3.9%Montenegro: 6.1%

Payroll cost/emp./mo*

1,090€12% below average

Average per employee, not per company

This municipality 1,090€Montenegro: 1,242€

Revenue and companies since 2015

FinalPreliminary

Revenue in € million (bars) and filing companies (below), 2015–2025

Revenue and companies by year
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

What changed in 2025

Growth is measured on the same companies, which filed for both years.

Revenue, same companies (2,945): 667.50m€ → 755.50m€
Employees, same companies: 10,937 → 11,596
Payroll cost per employee, same companies: 992€ → 1,116€
Filed for 2025, not for 2024: 381 companies · 3.40m€
Filed for 2024, not for 2025: 324 companies, 6.83m€ in 2024

Sectors and who is growing

Revenue by sector

Share of municipal revenue

Share in Montenegro

Trade 291.17m€Montenegro: 43.8%38.4%
Construction 99.83m€Montenegro: 11.9%13.2%
Transport & logistics 89.02m€Montenegro: 5.4%11.7%
Hospitality 76.99m€Montenegro: 7.2%10.1%
Manufacturing 64.87m€Montenegro: 8.2%8.5%
Professional services 43.61m€Montenegro: 4.3%5.7%
Energy, water & waste 20.48m€Montenegro: 5.4%2.7%
Other sectors (10) 72.95m€9.6%

Fastest growing

Revenue change vs 2024, companies with at least 1m€ that year

PGS Montenegro1.45m€ → 2.97m€
+104.9%
Zenšped Group2.37m€ → 4.54m€
+91.1%
2 Decembar5.38m€ → 9.06m€
+68.5%
Tesla Smart Systems International1.50m€ → 2.47m€
+65.4%
Gold Bar2.50m€ → 3.82m€
+52.7%

Largest employers

Employees and payroll cost per employee per month*

Kadar Plus
5191,214€
Luka Bar
4851,334€
Komunalne Djelatnosti
3441,267€
Port of Adria
2711,672€
Cerovo
2261,336€

Development signals and urban projects

Archive →

18/04/2024UPI 15 333 24 36 TAP JOVIĆI D.O.O. . (1.82 MB)Concept design approved
Date not published15 333 20 UPI 101 F2 doo Bar. (160.08 KB)Concept design approved
Date not published15 333 20 UPI 102 Bar trade doo Bar. (180.53 KB)Concept design approved
Date not published15 333 20 UPI 104 Misko tours doo bar. (181.71 KB)Concept design approved
Date not published15 333 20 UPI 108 Urban Place doo Bar R. (147.43 KB)Concept design approved

All companies (3,326)

Ranked by total revenue · Showing 2101–2150 of 3,326

Export CSV

Companies in the municipality
#	Company	Revenue share	Revenue	Revenue change2024→2025	Profit	Margin	Employees	Payroll cost/emp./mo*
2101	Yan Masters03438082 · Trade	<0.1%	1,200€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-685€	-57.1%	1	—
2102	Eco Fire Technology03356612 · Trade	<0.1%	1,195€	+38.0%	-1,998€	-167.2%	1	—
2103	Greenplanet03531562 · Personal services	<0.1%	1,193€	-50.9%	-7,750€	-649.6%	1	678€
2104	Svetlov03598721 · Education	<0.1%	1,148€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-7,272€	-633.4%	1	670€
2105	Montexis03762700 · Construction	<0.1%	1,120€	No filing for 2024.	-3,198€	-285.5%	1	307€
2106	Stark Company03733262 · Trade	<0.1%	1,112€	No filing for 2024.	-6,672€	-600.0%	1	504€
2107	Mishangel03538362 · Administrative services	<0.1%	1,100€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-7,118€	-647.1%	1	677€
2108	Helikotrem03616088 · Administrative services	<0.1%	1,098€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-7,663€	-697.9%	1	718€
2109	Vhrabliuk03477533 · Manufacturing	<0.1%	1,030€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-7,962€	-773.0%	1	677€
2110	Silana02897920 · Trade	<0.1%	1,020€	-18.9%	-1,202€	-117.8%	1	—
2111	Rolomont 200002349868 · Manufacturing	<0.1%	1,015€	-89.8%	-64,094€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	689€
2112	Stefanšped03674037 · Transport & logistics	<0.1%	1,007€	-91.0%	-4,725€	-469.2%	1	338€
2113	Aibim03536041 · Professional services	<0.1%	1,001€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-14,809€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	2	591€
2114	Ecovit03161501 · Professional services	<0.1%	1,000€	-60.0%	-11,068€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	924€
2115	Neuromomentum03739643 · Technology	<0.1%	1,000€	No filing for 2024.	-7,060€	-706.0%	1	670€
2116	Lakoca03474623 · Hospitality	<0.1%	1,000€	+400.0%	-8,361€	-836.1%	1	678€
2117	Yen Ototeks03558002 · Trade	<0.1%	1,000€	+33.3%	-12,635€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	927€
2118	Valerian03317331 · Personal services	<0.1%	980€	-38.6%	-7,396€	-754.7%	1	678€
2119	Martico Group03495213 · Construction	<0.1%	936€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-7,944€	-848.7%	1	726€
2120	PS Group03530647 · Real estate	<0.1%	915€	-86.5%	-39,961€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	2	675€
2121	Green Island03607534 · Construction	<0.1%	900€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-8,001€	-889.0%	1	678€
2122	Kulbakov03443221 · Technology	<0.1%	900€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-8,290€	-921.1%	1	678€
2123	P-Elektron03785122 · Construction	<0.1%	888€	No filing for 2024.	-101€	-11.4%	1	—
2124	Fumka Construction & Landscape03258181 · Construction	<0.1%	880€	+78.5%	-53,398€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	677€
2125	Achievement03445275 · Administrative services	<0.1%	790€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-8,332€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	678€
2126	PM&CO03503640 · Manufacturing	<0.1%	750€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-10,498€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	926€
2127	Level Express03780449 · Transport & logistics	<0.1%	750€	No filing for 2024.	-3,264€	-435.2%	1	308€
2128	Skin Touch03803864 · Personal services	<0.1%	702€	No filing for 2024.	0€	0.0%	1	—
2129	4 Elements02991489 · Administrative services	<0.1%	700€	+40.0%	-8,988€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	678€
2130	Allure Montenegro03459233 · Professional services	<0.1%	700€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-7,605€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	677€
2131	First Company CG03592227 · Real estate	<0.1%	700€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-8,337€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	678€
2132	Neophodno03549950 · Trade	<0.1%	700€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-7,467€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	678€
2133	Nik & Ell03263002 · Hospitality	<0.1%	660€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-8,060€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	678€
2134	VKC Advisors Poreski Savjetnici03763510 · Professional services	<0.1%	660€	No filing for 2024.	-436€	-66.1%	1	—
2135	Sonus03503453 · Professional services	<0.1%	650€	-73.3%	-23,860€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	3	675€
2136	Gumista02938839 · Real estate	<0.1%	644€	-98.8%	-126,585€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	2	377€
2137	Operteh Company02982188 · Technology	<0.1%	639€	-90.8%	-3,456€	-540.8%	2	—
2138	Danbas02392054 · Hospitality	<0.1%	637€	-55.5%	-9,300€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	826€
2139	Komilfo03019349 · Professional services	<0.1%	628€	-62.9%	-2,741€	-436.5%	1	—
2140	Nika Professional03801233 · Hospitality	<0.1%	619€	No filing for 2024.	-1,078€	-174.2%	1	—
2141	Homely Comfort03628221 · Professional services	<0.1%	606€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-8,428€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	685€
2142	Breezr Speaker03551709 · Professional services	<0.1%	600€	+344.4%	-7,588€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	675€
2143	Rusalka03713504 · Personal services	<0.1%	600€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-7,692€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	674€
2144	Studio Shot03325318 · Professional services	<0.1%	600€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-33,703€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	4	714€
2145	Noise03438864 · Arts & entertainment	<0.1%	550€	-80.9%	-1,741€	-316.5%	1	—
2146	Umka02685566 · Construction	<0.1%	550€	No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.	-1,512€	-274.9%	1	—
2147	Impressive Real Estate03337863 · Real estate	<0.1%	542€	-73.2%	-10,750€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	924€
2148	Home Heat03250741 · Construction	<0.1%	469€	-72.1%	-7,786€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	681€
2149	Merava03657329 · Real estate	<0.1%	441€	-93.5%	-18,599€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	2	702€
2150	Ik Logistics03785688 · Transport & logistics	<0.1%	417€	No filing for 2024.	-5,685€	Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.	1	499€

Revenue Revenue change Profit Margin Employees Payroll cost/emp./mo*Company

2101
Yan Masters03438082 · Trade
Revenue share
<0.1%
Revenue
1,200€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-685€
Margin
-57.1%
Employees
1
Payroll cost/emp./mo*
—
2102
Eco Fire Technology03356612 · Trade
Revenue share
<0.1%
Revenue
1,195€
Revenue change 2024→2025
+38.0%
Profit
-1,998€
Margin
-167.2%
Employees
1
Payroll cost/emp./mo*
—
2103
Greenplanet03531562 · Personal services
Revenue share
<0.1%
Revenue
1,193€
Revenue change 2024→2025
-50.9%
Profit
-7,750€
Margin
-649.6%
Employees
1
Payroll cost/emp./mo*
678€
2104
Svetlov03598721 · Education
Revenue share
<0.1%
Revenue
1,148€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-7,272€
Margin
-633.4%
Employees
1
Payroll cost/emp./mo*
670€
2105
Montexis03762700 · Construction
Revenue share
<0.1%
Revenue
1,120€
Revenue change 2024→2025
No filing for 2024.
Profit
-3,198€
Margin
-285.5%
Employees
1
Payroll cost/emp./mo*
307€
2106
Stark Company03733262 · Trade
Revenue share
<0.1%
Revenue
1,112€
Revenue change 2024→2025
No filing for 2024.
Profit
-6,672€
Margin
-600.0%
Employees
1
Payroll cost/emp./mo*
504€
2107
Mishangel03538362 · Administrative services
Revenue share
<0.1%
Revenue
1,100€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-7,118€
Margin
-647.1%
Employees
1
Payroll cost/emp./mo*
677€
2108
Helikotrem03616088 · Administrative services
Revenue share
<0.1%
Revenue
1,098€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-7,663€
Margin
-697.9%
Employees
1
Payroll cost/emp./mo*
718€
2109
Vhrabliuk03477533 · Manufacturing
Revenue share
<0.1%
Revenue
1,030€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-7,962€
Margin
-773.0%
Employees
1
Payroll cost/emp./mo*
677€
2110
Silana02897920 · Trade
Revenue share
<0.1%
Revenue
1,020€
Revenue change 2024→2025
-18.9%
Profit
-1,202€
Margin
-117.8%
Employees
1
Payroll cost/emp./mo*
—
2111
Rolomont 200002349868 · Manufacturing
Revenue share
<0.1%
Revenue
1,015€
Revenue change 2024→2025
-89.8%
Profit
-64,094€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
689€
2112
Stefanšped03674037 · Transport & logistics
Revenue share
<0.1%
Revenue
1,007€
Revenue change 2024→2025
-91.0%
Profit
-4,725€
Margin
-469.2%
Employees
1
Payroll cost/emp./mo*
338€
2113
Aibim03536041 · Professional services
Revenue share
<0.1%
Revenue
1,001€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-14,809€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
2
Payroll cost/emp./mo*
591€
2114
Ecovit03161501 · Professional services
Revenue share
<0.1%
Revenue
1,000€
Revenue change 2024→2025
-60.0%
Profit
-11,068€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
924€
2115
Neuromomentum03739643 · Technology
Revenue share
<0.1%
Revenue
1,000€
Revenue change 2024→2025
No filing for 2024.
Profit
-7,060€
Margin
-706.0%
Employees
1
Payroll cost/emp./mo*
670€
2116
Lakoca03474623 · Hospitality
Revenue share
<0.1%
Revenue
1,000€
Revenue change 2024→2025
+400.0%
Profit
-8,361€
Margin
-836.1%
Employees
1
Payroll cost/emp./mo*
678€
2117
Yen Ototeks03558002 · Trade
Revenue share
<0.1%
Revenue
1,000€
Revenue change 2024→2025
+33.3%
Profit
-12,635€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
927€
2118
Valerian03317331 · Personal services
Revenue share
<0.1%
Revenue
980€
Revenue change 2024→2025
-38.6%
Profit
-7,396€
Margin
-754.7%
Employees
1
Payroll cost/emp./mo*
678€
2119
Martico Group03495213 · Construction
Revenue share
<0.1%
Revenue
936€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-7,944€
Margin
-848.7%
Employees
1
Payroll cost/emp./mo*
726€
2120
PS Group03530647 · Real estate
Revenue share
<0.1%
Revenue
915€
Revenue change 2024→2025
-86.5%
Profit
-39,961€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
2
Payroll cost/emp./mo*
675€
2121
Green Island03607534 · Construction
Revenue share
<0.1%
Revenue
900€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-8,001€
Margin
-889.0%
Employees
1
Payroll cost/emp./mo*
678€
2122
Kulbakov03443221 · Technology
Revenue share
<0.1%
Revenue
900€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-8,290€
Margin
-921.1%
Employees
1
Payroll cost/emp./mo*
678€
2123
P-Elektron03785122 · Construction
Revenue share
<0.1%
Revenue
888€
Revenue change 2024→2025
No filing for 2024.
Profit
-101€
Margin
-11.4%
Employees
1
Payroll cost/emp./mo*
—
2124
Fumka Construction & Landscape03258181 · Construction
Revenue share
<0.1%
Revenue
880€
Revenue change 2024→2025
+78.5%
Profit
-53,398€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
677€
2125
Achievement03445275 · Administrative services
Revenue share
<0.1%
Revenue
790€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-8,332€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
678€
2126
PM&CO03503640 · Manufacturing
Revenue share
<0.1%
Revenue
750€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-10,498€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
926€
2127
Level Express03780449 · Transport & logistics
Revenue share
<0.1%
Revenue
750€
Revenue change 2024→2025
No filing for 2024.
Profit
-3,264€
Margin
-435.2%
Employees
1
Payroll cost/emp./mo*
308€
2128
Skin Touch03803864 · Personal services
Revenue share
<0.1%
Revenue
702€
Revenue change 2024→2025
No filing for 2024.
Profit
0€
Margin
0.0%
Employees
1
Payroll cost/emp./mo*
—
2129
4 Elements02991489 · Administrative services
Revenue share
<0.1%
Revenue
700€
Revenue change 2024→2025
+40.0%
Profit
-8,988€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
678€
2130
Allure Montenegro03459233 · Professional services
Revenue share
<0.1%
Revenue
700€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-7,605€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
677€
2131
First Company CG03592227 · Real estate
Revenue share
<0.1%
Revenue
700€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-8,337€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
678€
2132
Neophodno03549950 · Trade
Revenue share
<0.1%
Revenue
700€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-7,467€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
678€
2133
Nik & Ell03263002 · Hospitality
Revenue share
<0.1%
Revenue
660€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-8,060€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
678€
2134
VKC Advisors Poreski Savjetnici03763510 · Professional services
Revenue share
<0.1%
Revenue
660€
Revenue change 2024→2025
No filing for 2024.
Profit
-436€
Margin
-66.1%
Employees
1
Payroll cost/emp./mo*
—
2135
Sonus03503453 · Professional services
Revenue share
<0.1%
Revenue
650€
Revenue change 2024→2025
-73.3%
Profit
-23,860€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
3
Payroll cost/emp./mo*
675€
2136
Gumista02938839 · Real estate
Revenue share
<0.1%
Revenue
644€
Revenue change 2024→2025
-98.8%
Profit
-126,585€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
2
Payroll cost/emp./mo*
377€
2137
Operteh Company02982188 · Technology
Revenue share
<0.1%
Revenue
639€
Revenue change 2024→2025
-90.8%
Profit
-3,456€
Margin
-540.8%
Employees
2
Payroll cost/emp./mo*
—
2138
Danbas02392054 · Hospitality
Revenue share
<0.1%
Revenue
637€
Revenue change 2024→2025
-55.5%
Profit
-9,300€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
826€
2139
Komilfo03019349 · Professional services
Revenue share
<0.1%
Revenue
628€
Revenue change 2024→2025
-62.9%
Profit
-2,741€
Margin
-436.5%
Employees
1
Payroll cost/emp./mo*
—
2140
Nika Professional03801233 · Hospitality
Revenue share
<0.1%
Revenue
619€
Revenue change 2024→2025
No filing for 2024.
Profit
-1,078€
Margin
-174.2%
Employees
1
Payroll cost/emp./mo*
—
2141
Homely Comfort03628221 · Professional services
Revenue share
<0.1%
Revenue
606€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-8,428€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
685€
2142
Breezr Speaker03551709 · Professional services
Revenue share
<0.1%
Revenue
600€
Revenue change 2024→2025
+344.4%
Profit
-7,588€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
675€
2143
Rusalka03713504 · Personal services
Revenue share
<0.1%
Revenue
600€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-7,692€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
674€
2144
Studio Shot03325318 · Professional services
Revenue share
<0.1%
Revenue
600€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-33,703€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
4
Payroll cost/emp./mo*
714€
2145
Noise03438864 · Arts & entertainment
Revenue share
<0.1%
Revenue
550€
Revenue change 2024→2025
-80.9%
Profit
-1,741€
Margin
-316.5%
Employees
1
Payroll cost/emp./mo*
—
2146
Umka02685566 · Construction
Revenue share
<0.1%
Revenue
550€
Revenue change 2024→2025
No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable.
Profit
-1,512€
Margin
-274.9%
Employees
1
Payroll cost/emp./mo*
—
2147
Impressive Real Estate03337863 · Real estate
Revenue share
<0.1%
Revenue
542€
Revenue change 2024→2025
-73.2%
Profit
-10,750€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
924€
2148
Home Heat03250741 · Construction
Revenue share
<0.1%
Revenue
469€
Revenue change 2024→2025
-72.1%
Profit
-7,786€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
681€
2149
Merava03657329 · Real estate
Revenue share
<0.1%
Revenue
441€
Revenue change 2024→2025
-93.5%
Profit
-18,599€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
2
Payroll cost/emp./mo*
702€
2150
Ik Logistics03785688 · Transport & logistics
Revenue share
<0.1%
Revenue
417€
Revenue change 2024→2025
No filing for 2024.
Profit
-5,685€
Margin
Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio.
Employees
1
Payroll cost/emp./mo*
499€

* 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 →

Companies in Bar ranked by revenue 2025 →

Source: Tax Administration / CRPSCurrency: EUR

Revenue and companies by year

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

Sectors and who is growing

Revenue by sector

Share of municipal revenue

Share in Montenegro

Trade 291.17m€Montenegro: 43.8%38.4%
Construction 99.83m€Montenegro: 11.9%13.2%
Transport & logistics 89.02m€Montenegro: 5.4%11.7%
Hospitality 76.99m€Montenegro: 7.2%10.1%
Manufacturing 64.87m€Montenegro: 8.2%8.5%
Professional services 43.61m€Montenegro: 4.3%5.7%
Energy, water & waste 20.48m€Montenegro: 5.4%2.7%
Other sectors (10) 72.95m€9.6%

Fastest growing

Revenue change vs 2024, companies with at least 1m€ that year

PGS Montenegro1.45m€ → 2.97m€
+104.9%
Zenšped Group2.37m€ → 4.54m€
+91.1%
2 Decembar5.38m€ → 9.06m€
+68.5%
Tesla Smart Systems International1.50m€ → 2.47m€
+65.4%
Gold Bar2.50m€ → 3.82m€
+52.7%

Largest employers

Employees and payroll cost per employee per month*

Kadar Plus
5191,214€
Luka Bar
4851,334€
Komunalne Djelatnosti
3441,267€
Port of Adria
2711,672€
Cerovo
2261,336€

Company

Revenue

Revenue change2024→2025

Profit

Margin

Employees

Payroll cost/emp./mo*

2101

Yan Masters03438082 · Trade

1,200€

-685€

-57.1%

—

2102

Eco Fire Technology03356612 · Trade

1,195€

+38.0%

-1,998€

-167.2%

—

2103

Greenplanet03531562 · Personal services

1,193€

-50.9%

-7,750€

-649.6%

678€

2104

Svetlov03598721 · Education

1,148€

-7,272€

-633.4%

670€

2105

Montexis03762700 · Construction

1,120€

-3,198€

-285.5%

307€

2106

Stark Company03733262 · Trade

1,112€

-6,672€

-600.0%

504€

2107

Mishangel03538362 · Administrative services

1,100€

-7,118€

-647.1%

677€

2108

Helikotrem03616088 · Administrative services

1,098€

-7,663€

-697.9%

718€

2109

Vhrabliuk03477533 · Manufacturing

1,030€

-7,962€

-773.0%

677€

2110

Silana02897920 · Trade

1,020€

-18.9%

-1,202€

-117.8%

—

2111

Rolomont 200002349868 · Manufacturing

1,015€

-89.8%

-64,094€

689€

2112

Stefanšped03674037 · Transport & logistics

1,007€

-91.0%

-4,725€

-469.2%

338€

2113

Aibim03536041 · Professional services

1,001€

-14,809€

591€

2114

Ecovit03161501 · Professional services

1,000€

-60.0%

-11,068€

924€

2115

Neuromomentum03739643 · Technology

1,000€

-7,060€

-706.0%

670€

2116

Lakoca03474623 · Hospitality

1,000€

+400.0%

-8,361€

-836.1%

678€

2117

Yen Ototeks03558002 · Trade

1,000€

+33.3%

-12,635€

927€

2118

Valerian03317331 · Personal services

980€

-38.6%

-7,396€

-754.7%

678€

2119

Martico Group03495213 · Construction

936€

-7,944€

-848.7%

726€

2120

PS Group03530647 · Real estate

915€

-86.5%

-39,961€

675€

2121

Green Island03607534 · Construction

900€

-8,001€

-889.0%

678€

2122

Kulbakov03443221 · Technology

900€

-8,290€

-921.1%

678€

2123

P-Elektron03785122 · Construction

888€

-101€

-11.4%

—

2124

Fumka Construction & Landscape03258181 · Construction

880€

+78.5%

-53,398€

677€

2125

Achievement03445275 · Administrative services

790€

-8,332€

678€

2126

PM&CO03503640 · Manufacturing

750€

-10,498€

926€

2127

Level Express03780449 · Transport & logistics

750€

-3,264€

-435.2%

308€

2128

Skin Touch03803864 · Personal services

702€

0€

0.0%

—

2129

4 Elements02991489 · Administrative services

700€

+40.0%

-8,988€

678€

2130

Allure Montenegro03459233 · Professional services

700€

-7,605€

677€

2131

First Company CG03592227 · Real estate

700€

-8,337€

678€

2132

Neophodno03549950 · Trade

700€

-7,467€

678€

2133

Nik & Ell03263002 · Hospitality

660€

-8,060€

678€

2134

VKC Advisors Poreski Savjetnici03763510 · Professional services

660€

-436€

-66.1%

—

2135

Sonus03503453 · Professional services

650€

-73.3%

-23,860€

675€

2136

Gumista02938839 · Real estate

644€

-98.8%

-126,585€

377€

2137

Operteh Company02982188 · Technology

639€

-90.8%

-3,456€

-540.8%

—

2138

Danbas02392054 · Hospitality

637€

-55.5%

-9,300€

826€

2139

Komilfo03019349 · Professional services

628€

-62.9%

-2,741€

-436.5%

—

2140

Nika Professional03801233 · Hospitality

619€

-1,078€

-174.2%

—

2141

Homely Comfort03628221 · Professional services

606€

-8,428€

685€

2142

Breezr Speaker03551709 · Professional services

600€

+344.4%

-7,588€

675€

2143

Rusalka03713504 · Personal services

600€

-7,692€

674€

2144

Studio Shot03325318 · Professional services

600€

-33,703€

714€

2145

Noise03438864 · Arts & entertainment

550€

-80.9%

-1,741€

-316.5%

—

2146

Umka02685566 · Construction

550€

-1,512€

-274.9%

—

2147

Impressive Real Estate03337863 · Real estate

542€

-73.2%

-10,750€

924€

2148

Home Heat03250741 · Construction

469€

-72.1%

-7,786€

681€

2149

Merava03657329 · Real estate

441€

-93.5%

-18,599€

702€

2150

Ik Logistics03785688 · Transport & logistics

417€

-5,685€

499€

Overview

Revenue

Companies

Employees

Profit margin

Payroll cost/emp./mo*

Revenue and companies since 2015

What changed in 2025

Sectors and who is growing

Revenue by sector

Fastest growing

Largest employers

Development signals and urban projects

All companies (3,326)

Overview

Revenue

Companies

Employees

Profit margin

Payroll cost/emp./mo*

Revenue and companies since 2015

What changed in 2025

Sectors and who is growing

Revenue by sector

Fastest growing

Largest employers

Development signals and urban projects

All companies (3,326)