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 101–145 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* |
|---|
| 101 | Eko Invest03183564 · Manufacturing | <0.1% | 9,300€ | +9.4% | -114€ | -1.2% | 1 | 677€ |
| 102 | Odido03465926 · Manufacturing | <0.1% | 8,250€ | +42.4% | -1,082€ | -13.1% | 1 | 680€ |
| 103 | Naves03732690 · Manufacturing | <0.1% | 8,096€ | No filing for 2024. | -9,073€ | -112.1% | 2 | 611€ |
| 104 | Merkur-202303523527 · Manufacturing | <0.1% | 7,731€ | +508.7% | -1,787€ | -23.1% | 1 | 678€ |
| 105 | Ademola Ventures03487199 · Manufacturing | <0.1% | 7,500€ | +70.5% | -2,159€ | -28.8% | 1 | 680€ |
| 106 | Linea02467194 · Manufacturing | <0.1% | 6,753€ | -30.5% | 381€ | 5.6% | 1 | 338€ |
| 107 | Vlanex02920956 · Manufacturing | <0.1% | 5,750€ | -82.2% | -10,961€ | -190.6% | 1 | 513€ |
| 108 | Mak Mne03619559 · Manufacturing | <0.1% | 5,000€ | +506.1% | -7,538€ | -150.8% | 1 | 636€ |
| 109 | Studio Mariche03005780 · Manufacturing | <0.1% | 4,565€ | -55.1% | -5,292€ | -115.9% | 1 | 504€ |
| 110 | Čerović Company03759598 · Manufacturing | <0.1% | 3,500€ | No filing for 2024. | -5,925€ | -169.3% | 2 | 363€ |
| 111 | Wood Wood03457966 · Manufacturing | <0.1% | 2,895€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,395€ | -220.9% | 1 | 675€ |
| 112 | Boka Dizajn Namještaj po Mjeri03421317 · Manufacturing | <0.1% | 2,740€ | -65.1% | 739€ | 27.0% | 1 | — |
| 113 | Boka Herbs03462218 · Manufacturing | <0.1% | 1,620€ | +12.1% | -8,915€ | -550.3% | 1 | 846€ |
| 114 | Arome Boke-Gornji Orahovac03353311 · Manufacturing | <0.1% | 834€ | +68.8% | -2,230€ | -267.4% | 1 | — |
| 115 | Menes - CG02659280 · Manufacturing | <0.1% | 566€ | -68.2% | -1€ | -0.2% | 1 | — |
| 116 | Brašno & Kakao03150011 · Manufacturing | <0.1% | 150€ | -97.9% | -12,762€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 117 | Igorpek03400387 · Manufacturing | <0.1% | 137€ | -94.1% | -7,411€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 621€ |
| 118 | Akul Holdings03703169 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 119 | Blue Stripes Designs03797554 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -2,059€ | — | 1 | — |
| 120 | Cantabile Mne03435512 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 121 | David Trade03040216 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 122 | Dream On03312348 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,170€ | — | 1 | 677€ |
| 123 | Hleb&So03563251 · Manufacturing | 0.0% | 0€ | -100.0% | -7,058€ | — | 1 | 586€ |
| 124 | I.C.O.N. Yachting03207501 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -44,835€ | — | 1 | 680€ |
| 125 | Limarija Jablan03341585 · Manufacturing | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 126 | Lotus Plus03408515 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,422€ | — | 2 | 678€ |
| 127 | MN-Beer03466671 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,215€ | — | 1 | 677€ |
| 128 | Onadiš03804046 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -278€ | — | 2 | — |
| 129 | Rehouse Enterijer03734048 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -7,745€ | — | 1 | 587€ |
| 130 | Ship & Son03477304 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,160€ | — | 1 | 678€ |
| 131 | Tangerine Sound03559343 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,225€ | — | 1 | 927€ |
| 132 | Westmedmarine03286924 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,918€ | — | 1 | 931€ |
| 133 | Wodge03422305 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,022€ | — | 1 | 677€ |
| 134 | Hidromehanika03464628 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,145€ | — | 1 | 675€ |
| 135 | Barkin V Art03492648 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,282€ | — | 1 | 678€ |
| 136 | Satserve03718514 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,190€ | — | 1 | — |
| 137 | Zoe Wellness Concept Studio03775143 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -11,740€ | — | 1 | 455€ |
| 138 | Peskaravel02785919 · Manufacturing | 0.0% | 0€ | -100.0% | -10,294€ | — | 1 | 678€ |
| 139 | Porto Bono03239250 · Manufacturing | 0.0% | 0€ | -100.0% | -9,397€ | — | 1 | 677€ |
| 140 | Aleks Master03429881 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,279€ | — | 1 | 677€ |
| 141 | Bahetle03582051 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,261€ | — | 1 | 678€ |
| 142 | Gorbunok03747042 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -4,778€ | — | 1 | 398€ |
| 143 | Mahdych03239241 · Manufacturing | 0.0% | 0€ | -100.0% | -8,910€ | — | 1 | 670€ |
| 144 | Misakico03306852 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,846€ | — | 1 | 1,059€ |
| 145 | Marineluxxx03793753 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -677€ | — | 1 | — |