Revenue
3.5% of Montenegro's revenue
2,701 companies earned 622.11m€ in 2025, 3.5% of all company revenue in Montenegro. It ranks 6 of 25 municipalities by revenue. Revenue has grown 3.3× since 2015.
3.5% of Montenegro's revenue
87.6 per 1,000 residents · Montenegro 57.3
Largest employer: Portonovi Hospitality Management Company (355)
Total profit: 14.92m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 186,748,143€ | 1,096 |
| 2016 | 238,411,668€ | 1,158 |
| 2017 | 256,635,932€ | 1,236 |
| 2018 | 330,861,351€ | 1,347 |
| 2019 | 472,263,023€ | 1,508 |
| 2020 | 281,384,588€ | 1,616 |
| 2021 | 298,013,020€ | 1,775 |
| 2022 | 478,145,632€ | 2,226 |
| 2023 | 519,343,062€ | 2,536 |
| 2024 | 586,186,307€ | 2,626 |
| 2025 (Preliminary) | 622,105,532€ | 2,701 |
The number of companies jumped most in 2022: from 1,775 to 2,226.
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 294
* 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 | Piles Construction Company03627195 · Construction | 1.5% | 9,491,714€ | +160.2% | 1,256,437€ | 13.2% | 112 | 511€ |
| 2 | North Star Mne03227553 · Construction | 1.4% | 8,435,345€ | +167.9% | 581,756€ | 6.9% | 104 | 2,828€ |
| 3 | Dizicom02199114 · Construction | 0.5% | 2,829,591€ | +38.8% | 218,209€ | 7.7% | 40 | 1,480€ |
| 4 | Arascon03461165 · Construction | 0.4% | 2,766,701€ | +250.6% | 230,851€ | 8.3% | 73 | 1,451€ |
| 5 | Ndoj Company03328112 · Construction | 0.4% | 2,516,101€ | +61.5% | 331,067€ | 13.2% | 128 | 691€ |
| 6 | Portonovi Marina Management Company03120325 · Construction | 0.4% | 2,333,325€ | +17.8% | 361,615€ | 15.5% | 20 | 1,664€ |
| 7 | Ibt03099504 · Construction | 0.2% | 1,525,467€ | +19.3% | 80,762€ | 5.3% | 22 | 1,287€ |
| 8 | River Side02666596 · Construction | 0.2% | 1,451,987€ | -75.6% | -317,108€ | -21.8% | 6 | 1,304€ |
| 9 | MM Stanišić02688387 · Construction | 0.2% | 1,422,514€ | +51.1% | 503,503€ | 35.4% | 32 | 825€ |
| 10 | Radanović Invest Group02440733 · Construction | 0.2% | 1,233,712€ | -4.3% | 188,032€ | 15.2% | 15 | 482€ |
| 11 | Za Proizvodnju i Usluge Zadužbina03372251 · Construction | 0.2% | 1,121,955€ | -3.8% | 203,914€ | 18.2% | 44 | 705€ |
| 12 | Yacht Electronic Services02773864 · Construction | 0.2% | 972,405€ | +37.0% | 135,541€ | 13.9% | 11 | 1,018€ |
| 13 | E3 Group03424448 · Construction | 0.1% | 904,203€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -38,690€ | -4.3% | 3 | 800€ |
| 14 | Mantis03036464 · Construction | 0.1% | 856,358€ | -17.1% | 110,867€ | 12.9% | 18 | 1,463€ |
| 15 | Društvo za Izgradnju Vodovodne i Kanalizacione Infrastrukture u Opštini02892677 · Construction | 0.1% | 844,292€ | +10.2% | -233,285€ | -27.6% | 7 | 2,479€ |
| 16 | Role Inženjering02437783 · Construction | 0.1% | 841,970€ | -7.3% | 36,890€ | 4.4% | 10 | 1,081€ |
| 17 | Correct Company03268225 · Construction | 0.1% | 742,661€ | -16.0% | 115,950€ | 15.6% | 11 | 2,224€ |
| 18 | Igalopromet02069962 · Construction | 0.1% | 683,446€ | -14.6% | 68,413€ | 10.0% | 14 | 637€ |
| 19 | Megatron02218968 · Construction | 0.1% | 667,485€ | -62.4% | 42,170€ | 6.3% | 12 | 1,000€ |
| 20 | Aquamont02679469 · Construction | <0.1% | 594,378€ | -27.3% | -691,481€ | -116.3% | 18 | 2,428€ |
| 21 | BK Vajs03087549 · Construction | <0.1% | 579,045€ | +11.8% | 84,853€ | 14.7% | 14 | 917€ |
| 22 | BWT Invest03408043 · Construction | <0.1% | 571,216€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 105,451€ | 18.5% | 1 | 675€ |
| 23 | Sol La Si03407705 · Construction | <0.1% | 545,575€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 43,182€ | 7.9% | 11 | 1,066€ |
| 24 | Gea Invest02684616 · Construction | <0.1% | 537,422€ | +4,530.2% | 245,759€ | 45.7% | 4 | 547€ |
| 25 | Migrans02345501 · Construction | <0.1% | 535,584€ | +12.3% | 3,275€ | 0.6% | 6 | 659€ |
| 26 | Magna Invest03497852 · Construction | <0.1% | 528,202€ | -12.3% | -7,123€ | -1.3% | 1 | 1,013€ |
| 27 | Čolić - Company02274574 · Construction | <0.1% | 527,533€ | -24.9% | 221,484€ | 42.0% | 5 | 909€ |
| 28 | Ruler03298248 · Construction | <0.1% | 522,894€ | +105.3% | 40,732€ | 7.8% | 15 | 826€ |
| 29 | Bemix02829517 · Construction | <0.1% | 482,466€ | -4.6% | 16,805€ | 3.5% | 11 | 1,511€ |
| 30 | Egeja Novi03595510 · Construction | <0.1% | 461,145€ | +3,050.3% | -29,715€ | -6.4% | 1 | 929€ |
| 31 | Simović-R03478793 · Construction | <0.1% | 458,728€ | +361.9% | 137,894€ | 30.1% | 10 | 1,013€ |
| 32 | Adriadome02777649 · Construction | <0.1% | 440,953€ | +3,465.3% | -10,105€ | -2.3% | 1 | 1,316€ |
| 33 | Tezaurus Novi03156699 · Construction | <0.1% | 437,204€ | +5,418.2% | 135,445€ | 31.0% | 2 | 477€ |
| 34 | Plan D Vision03353648 · Construction | <0.1% | 386,422€ | +303.6% | 231€ | 0.1% | 4 | 671€ |
| 35 | G.P. Aledra02349361 · Construction | <0.1% | 367,857€ | -13.7% | -26,541€ | -7.2% | 18 | 636€ |
| 36 | Danpe Commerce02107155 · Construction | <0.1% | 331,774€ | -45.1% | 3,015€ | 0.9% | 8 | 1,186€ |
| 37 | Monument Real Estate03577538 · Construction | <0.1% | 318,188€ | -37.2% | 90,205€ | 28.3% | 1 | 6,690€ |
| 38 | Stajić Company03714420 · Construction | <0.1% | 295,907€ | +2,004.6% | 6,061€ | 2.0% | 5 | 583€ |
| 39 | Superior02219832 · Construction | <0.1% | 286,573€ | +440.1% | 14,743€ | 5.1% | 8 | 541€ |
| 40 | Gramil03109305 · Construction | <0.1% | 284,544€ | +1.2% | 9,216€ | 3.2% | 4 | 512€ |
| 41 | Adria Transport02857316 · Construction | <0.1% | 279,398€ | +7.9% | 98,866€ | 35.4% | 7 | 617€ |
| 42 | Sigma Company02691779 · Construction | <0.1% | 279,379€ | -14.7% | 802€ | 0.3% | 8 | 598€ |
| 43 | Ozmen Company03785386 · Construction | <0.1% | 261,540€ | No filing for 2024. | -16,177€ | -6.2% | 9 | 328€ |
| 44 | Seacon Marine03289630 · Construction | <0.1% | 249,666€ | +62.9% | 114,189€ | 45.7% | 2 | 1,853€ |
| 45 | Radović Invest03322882 · Construction | <0.1% | 241,783€ | -48.2% | 70,407€ | 29.1% | 2 | 631€ |
| 46 | Nalex Ing03168778 · Construction | <0.1% | 238,256€ | +37.4% | -23,424€ | -9.8% | 7 | 855€ |
| 47 | Bokatim02463105 · Construction | <0.1% | 224,069€ | +74.1% | 3,957€ | 1.8% | 9 | 737€ |
| 48 | Radojičić Company02629585 · Construction | <0.1% | 223,458€ | +73.1% | 2,395€ | 1.1% | 2 | 677€ |
| 49 | BBR Sistemi03125173 · Construction | <0.1% | 217,370€ | -41.5% | -49,439€ | -22.7% | 3 | 1,365€ |
| 50 | Cad Studio03320472 · Construction | <0.1% | 213,538€ | +12.4% | 60,649€ | 28.4% | 3 | 406€ |