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 51–100 of 145
* 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* |
|---|
| 51 | Baker King03668827 · Manufacturing | <0.1% | 72,505€ | +18.8% | -9,738€ | -13.4% | 6 | 493€ |
| 52 | Marine Line03087344 · Manufacturing | <0.1% | 67,093€ | +2.9% | 1,735€ | 2.6% | 2 | 998€ |
| 53 | Captain Fish ////03478629 · Manufacturing | <0.1% | 65,261€ | +62.9% | 12,607€ | 19.3% | 1 | 2,772€ |
| 54 | Divetech-CZ Service03528588 · Manufacturing | <0.1% | 62,630€ | +119.2% | 26,557€ | 42.4% | 1 | 462€ |
| 55 | Blanka02893908 · Manufacturing | <0.1% | 59,540€ | +16.8% | -14,158€ | -23.8% | 1 | 959€ |
| 56 | Carved Montenegro03546306 · Manufacturing | <0.1% | 57,196€ | +6.9% | 6,339€ | 11.1% | 2 | — |
| 57 | Elamont02320487 · Manufacturing | <0.1% | 56,724€ | +26.1% | -36,734€ | -64.8% | 1 | 2,283€ |
| 58 | Moric03001130 · Manufacturing | <0.1% | 53,483€ | +12.7% | 18,088€ | 33.8% | 1 | 1,132€ |
| 59 | Legnolux02630265 · Manufacturing | <0.1% | 49,547€ | +539.9% | -2,130€ | -4.3% | 1 | 677€ |
| 60 | Jokina Kužina02643120 · Manufacturing | <0.1% | 49,362€ | -11.8% | -23,434€ | -47.5% | 3 | 728€ |
| 61 | Perspective Solutions03274454 · Manufacturing | <0.1% | 48,926€ | -33.3% | 10,719€ | 21.9% | 1 | 3,023€ |
| 62 | Dolce Vita BY Milutinović03535380 · Manufacturing | <0.1% | 46,737€ | -23.1% | -8,426€ | -18.0% | 3 | 739€ |
| 63 | Navigator Manufactory03132994 · Manufacturing | <0.1% | 45,088€ | +910.0% | 12,135€ | 26.9% | 1 | 338€ |
| 64 | Eri Bela Pek03744795 · Manufacturing | <0.1% | 41,505€ | No filing for 2024. | -21,257€ | -51.2% | 5 | 721€ |
| 65 | Šđonikop02076152 · Manufacturing | <0.1% | 38,828€ | -42.8% | 5,269€ | 13.6% | 2 | 550€ |
| 66 | Tri N Inox02966441 · Manufacturing | <0.1% | 35,601€ | -45.9% | -11,319€ | -31.8% | 1 | 841€ |
| 67 | Brodo Color02396840 · Manufacturing | <0.1% | 34,928€ | -73.6% | 566€ | 1.6% | 3 | — |
| 68 | Rea & Ladi03639657 · Manufacturing | <0.1% | 33,180€ | +18.6% | 504€ | 1.5% | 2 | 685€ |
| 69 | Bimont Nova03147509 · Manufacturing | <0.1% | 33,055€ | -77.3% | 7,867€ | 23.8% | 1 | 1,652€ |
| 70 | Pan Lift Montenegro03386180 · Manufacturing | <0.1% | 32,769€ | -9.0% | 2,036€ | 6.2% | 1 | 2,182€ |
| 71 | Miko Art Wood03333094 · Manufacturing | <0.1% | 32,358€ | +48.2% | -2,745€ | -8.5% | 2 | 509€ |
| 72 | Steel Masters03537617 · Manufacturing | <0.1% | 31,982€ | +11.0% | -3,047€ | -9.5% | 1 | 679€ |
| 73 | Vagabonda02741636 · Manufacturing | <0.1% | 29,284€ | -13.7% | 688€ | 2.3% | 2 | 716€ |
| 74 | Var-Montaža03307808 · Manufacturing | <0.1% | 28,746€ | -4.1% | -3,363€ | -11.7% | 2 | 684€ |
| 75 | Kova Marine03526763 · Manufacturing | <0.1% | 28,633€ | +164.9% | 3,161€ | 11.0% | 1 | — |
| 76 | Kronus Company Montenegro03789373 · Manufacturing | <0.1% | 28,551€ | No filing for 2024. | 14,501€ | 50.8% | 2 | — |
| 77 | Sista Place03477878 · Manufacturing | <0.1% | 27,685€ | -5.5% | -16,530€ | -59.7% | 3 | 859€ |
| 78 | Marless03539083 · Manufacturing | <0.1% | 27,633€ | -61.3% | -23,201€ | -84.0% | 2 | 678€ |
| 79 | Lissa03496180 · Manufacturing | <0.1% | 27,494€ | +156.2% | -30,727€ | -111.8% | 1 | 1,821€ |
| 80 | Ie Farid Garaev03634680 · Manufacturing | <0.1% | 26,622€ | -57.3% | -12,942€ | -48.6% | 1 | 3,180€ |
| 81 | Montedorija02690896 · Manufacturing | <0.1% | 25,805€ | -3.6% | -6,007€ | -23.3% | 2 | 687€ |
| 82 | Hidromont Gate Sistem02739089 · Manufacturing | <0.1% | 23,994€ | -61.4% | 5,844€ | 24.4% | 3 | 360€ |
| 83 | Wolf Engineering Enterieri03126722 · Manufacturing | <0.1% | 23,972€ | +26.5% | -47,414€ | -197.8% | 5 | 688€ |
| 84 | Lavanda.Me03467350 · Manufacturing | <0.1% | 23,038€ | -12.2% | -7,130€ | -30.9% | 1 | 1,533€ |
| 85 | Bender02359634 · Manufacturing | <0.1% | 22,776€ | -34.6% | -18,316€ | -80.4% | 1 | 677€ |
| 86 | Ikigai Yacht Service03625028 · Manufacturing | <0.1% | 21,030€ | +264.3% | 9,045€ | 43.0% | 1 | 746€ |
| 87 | Monte Juice 201503650278 · Manufacturing | <0.1% | 20,897€ | -22.0% | -11,108€ | -53.2% | 2 | 562€ |
| 88 | Ardura02417090 · Manufacturing | <0.1% | 19,119€ | -78.4% | -28,374€ | -148.4% | 4 | 648€ |
| 89 | Milanmi Company03704823 · Manufacturing | <0.1% | 18,123€ | +258.0% | 443€ | 2.4% | 2 | 369€ |
| 90 | P&C Propulsion and Controls03128466 · Manufacturing | <0.1% | 16,471€ | +548,933.3% | 9,086€ | 55.2% | 1 | 505€ |
| 91 | Amvh Company03493776 · Manufacturing | <0.1% | 16,386€ | -76.8% | -27,678€ | -168.9% | 1 | 2,772€ |
| 92 | Fenster Tehnik03533107 · Manufacturing | <0.1% | 14,975€ | +130.4% | -196€ | -1.3% | 1 | 753€ |
| 93 | SS Technology03268322 · Manufacturing | <0.1% | 14,500€ | -9.3% | -2,077€ | -14.3% | 1 | 959€ |
| 94 | Montebarada03550915 · Manufacturing | <0.1% | 12,085€ | -49.0% | -23,900€ | -197.8% | 1 | 678€ |
| 95 | Sweetcakes.Me03465527 · Manufacturing | <0.1% | 12,035€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -924€ | -7.7% | 1 | 929€ |
| 96 | Drvo Ars Company03749711 · Manufacturing | <0.1% | 11,935€ | No filing for 2024. | 744€ | 6.2% | 1 | — |
| 97 | Yacht Lux Services03790177 · Manufacturing | <0.1% | 11,080€ | No filing for 2024. | 573€ | 5.2% | 1 | — |
| 98 | Bravarija Vujačić03580245 · Manufacturing | <0.1% | 10,610€ | -43.8% | -11,911€ | -112.3% | 2 | 677€ |
| 99 | Art BSN03299066 · Manufacturing | <0.1% | 10,523€ | +6.5% | -5,340€ | -50.7% | 1 | 675€ |
| 100 | Tesla02970830 · Manufacturing | <0.1% | 9,445€ | +43.6% | 3,175€ | 33.6% | 4 | — |