Companies in Herceg Novi, Montenegro (2025)

Companies in Herceg Novi, Montenegro (2025) | BizStats.me

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	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

What changed in 2025

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

Revenue, same companies (2,462): 570.43m€ → 615.22m€
Employees, same companies: 9,350 → 10,084
Payroll cost per employee, same companies: 1,090€ → 1,171€
Filed for 2025, not for 2024: 239 companies · 6.88m€
Filed for 2024, not for 2025: 164 companies, 15.76m€ in 2024

All companies (2,701)

Ranked by total revenue · Showing 101–150 of 486

Export CSV

Companies in the municipality
#	Company	Revenue share	Revenue	Revenue change2024→2025	Profit

101	Vlahušići Pjer Export02077167 · Trade	<0.1%	165,727€	+126.8%	13,358€	8.1%	3	983€
102	Mima. Co02754444 · Trade	<0.1%	162,039€	-1.5%	3,937€	2.4%	4	925€
103	Extreme Company03655156 · Trade	<0.1%	159,377€	+70.8%	1,513€	0.9%	3	487€
104	Ecosolutions03074641 · Trade	<0.1%	151,698€	+23.0%	9,287€	6.1%	2	1,042€
105	Mitex Frotiri02350637 · Trade	<0.1%	151,507€	+26.5%	-10,865€	-7.2%	1	629€
106	Lighting Agency03095606 · Trade	<0.1%	146,297€	-26.4%	84,499€	57.8%	1	1,353€
107	Itm02051931 · Trade	<0.1%	140,921€	+4.7%	26,718€	19.0%	1	2,324€
108	Music02832909 · Trade	<0.1%	131,113€	-42.8%	-13,729€	-10.5%	3	617€
109	Prom SM-Company02310988 · Trade	<0.1%	127,478€	-1.6%	7,323€	5.7%	3	890€
110	DDM - HN03226662 · Trade	<0.1%	127,411€	-48.6%	8,541€	6.7%	3	1,245€
111	Spectra02735245 · Trade	<0.1%	125,601€	-8.7%	-5,583€	-4.4%	3	575€
112	Teduda - Mi03128946 · Trade	<0.1%	123,429€	-33.9%	-42,886€	-34.7%	6	706€
113	Adria Stanojlović03081150 · Trade	<0.1%	122,220€	-8.6%	5,267€	4.3%	7	714€
114	Loukas02986353 · Trade	<0.1%	120,104€	-3.1%	6,869€	5.7%	1	1,130€
115	Čerović i DR02260107 · Trade	<0.1%	118,686€	-9.4%	716€	0.6%	4	677€
116	Viva CG02770148 · Trade	<0.1%	115,256€	-18.6%	26,188€	22.7%	1	931€
117	Vučković & Co02924072 · Trade	<0.1%	112,190€	-5.3%	-368€	-0.3%	2	1,171€
118	Tyche03330621 · Trade	<0.1%	110,789€	+12.2%	14,519€	13.1%	2	758€
119	Vasiljević Company02768461 · Trade	<0.1%	110,658€	-38.6%	1,678€	1.5%	5	675€
120	Dakar02676419 · Trade	<0.1%	106,709€	+4.3%	8,025€	7.5%	2	739€
121	JVD Company03347842 · Trade	<0.1%	105,436€	+30.9%	13,003€	12.3%	3	418€
122	Tomaš02406942 · Trade	<0.1%	104,472€	+7.5%	2,018€	1.9%	2	541€
123	Dragić02127504 · Trade	<0.1%	102,415€	+8.7%	3,026€	3.0%	1	1,468€
124	Wizius02924862 · Trade	<0.1%	100,756€	-13.1%	9,354€	9.3%	3	422€
125	Copy Centar Radius02666995 · Trade	<0.1%	98,731€	+9.5%	483€	0.5%	4	932€
126	Kobel Blu03502660 · Trade	<0.1%	96,490€	-35.8%	-21,328€	-22.1%	3	876€
127	Car Wash03048420 · Trade	<0.1%	96,354€	+34.8%	-7,897€	-8.2%	4	593€
128	Tiki & Mona03048691 · Trade	<0.1%	94,495€	+6.3%	6,510€	6.9%	2	857€
129	Diesel Service Milaković03284263 · Trade	<0.1%	92,828€	+0.8%	17,389€	18.7%	4	674€
130	Maks-Invest03066541 · Trade	<0.1%	92,040€	-78.9%	37,029€	40.2%	1	678€
131	Kinoa03091490 · Trade	<0.1%	90,954€	+16.9%	-2,555€	-2.8%	4	640€
132	Biorganik Market03441555 · Trade	<0.1%	90,898€	+18.5%	1,368€	1.5%	3	678€
133	Penipred02417081 · Trade	<0.1%	89,335€	+25.8%	7,216€	8.1%	6	660€
134	Kanal03350266 · Trade	<0.1%	88,098€	+1.6%	1,993€	2.3%	3	529€
135	Yuancheng02807530 · Trade	<0.1%	87,460€	-13.7%	6,886€	7.9%	4	769€
136	Ćale i More03392848 · Trade	<0.1%	83,765€	+217.5%	12,970€	15.5%	1	679€
137	Unicom-Iris03559106 · Trade	<0.1%	81,744€	-8.8%	-57,297€	-70.1%	4	697€
138	Korać Company03288374 · Trade	<0.1%	81,103€	+15.0%	1,210€	1.5%	2	936€
139	Proaktiv03648605 · Trade	<0.1%	81,020€	+177.6%	8,590€	10.6%	2	1,375€
140	Vodoinstalater Stanić03068439 · Trade	<0.1%	80,432€	+15.9%	4,114€	5.1%	2	—
141	Aromax Montenegro03069940 · Trade	<0.1%	78,770€	+618.4%	62,882€	79.8%	1	—
142	Limov-Radović02786222 · Trade	<0.1%	76,842€	-51.3%	18,758€	24.4%	4	658€
143	Premium Food Consulting 6503437809 · Trade	<0.1%	75,671€	+57.3%	17,709€	23.4%	1	4,553€
144	Vamos HN03056180 · Trade	<0.1%	75,457€	-2.8%	628€	0.8%	2	677€
145	Alfa Sound02833115 · Trade	<0.1%	74,236€	+3.1%	6,374€	8.6%	3	796€
146	Glotec02716259 · Trade	<0.1%	74,178€	+18.0%	-34,915€	-47.1%	5	813€
147	Yu-Gigo02353946 · Trade	<0.1%	73,444€	+19.7%	-10,619€	-14.5%	2	733€
148	D202448661 · Trade	<0.1%	73,150€	+136.7%	22,443€	30.7%	2	654€
149	Auto Kuća Đurović03274934 · Trade	<0.1%	73,044€	+51.6%	1,369€	1.9%	1	675€
150	Lux - Brand Company03646530 · Trade	<0.1%	72,552€	+7,820.5%	6,292€	8.7%	3	978€

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

101
Vlahušići Pjer Export02077167 · Trade
Revenue share
<0.1%
Revenue
165,727€
Revenue change 2024→2025
+126.8%
Profit
13,358€
Margin
8.1%
Employees
3
Payroll cost/emp./mo*
983€
102
Mima. Co02754444 · Trade
Revenue share
<0.1%
Revenue
162,039€
Revenue change 2024→2025
-1.5%
Profit
3,937€
Margin
2.4%
Employees
4
Payroll cost/emp./mo*
925€
103
Extreme Company03655156 · Trade
Revenue share
<0.1%
Revenue
159,377€
Revenue change 2024→2025
+70.8%
Profit
1,513€
Margin
0.9%
Employees
3
Payroll cost/emp./mo*
487€
104
Ecosolutions03074641 · Trade
Revenue share
<0.1%
Revenue
151,698€
Revenue change 2024→2025
+23.0%
Profit
9,287€
Margin
6.1%
Employees
2
Payroll cost/emp./mo*
1,042€
105
Mitex Frotiri02350637 · Trade
Revenue share
<0.1%
Revenue
151,507€
Revenue change 2024→2025
+26.5%
Profit
-10,865€
Margin
-7.2%
Employees
1
Payroll cost/emp./mo*
629€
106
Lighting Agency03095606 · Trade
Revenue share
<0.1%
Revenue
146,297€
Revenue change 2024→2025
-26.4%
Profit
84,499€
Margin
57.8%
Employees
1
Payroll cost/emp./mo*
1,353€
107
Itm02051931 · Trade
Revenue share
<0.1%
Revenue
140,921€
Revenue change 2024→2025
+4.7%
Profit
26,718€
Margin
19.0%
Employees
1
Payroll cost/emp./mo*
2,324€
108
Music02832909 · Trade
Revenue share
<0.1%
Revenue
131,113€
Revenue change 2024→2025
-42.8%
Profit
-13,729€
Margin
-10.5%
Employees
3
Payroll cost/emp./mo*
617€
109
Prom SM-Company02310988 · Trade
Revenue share
<0.1%
Revenue
127,478€
Revenue change 2024→2025
-1.6%
Profit
7,323€
Margin
5.7%
Employees
3
Payroll cost/emp./mo*
890€
110
DDM - HN03226662 · Trade
Revenue share
<0.1%
Revenue
127,411€
Revenue change 2024→2025
-48.6%
Profit
8,541€
Margin
6.7%
Employees
3
Payroll cost/emp./mo*
1,245€
111
Spectra02735245 · Trade
Revenue share
<0.1%
Revenue
125,601€
Revenue change 2024→2025
-8.7%
Profit
-5,583€
Margin
-4.4%
Employees
3
Payroll cost/emp./mo*
575€
112
Teduda - Mi03128946 · Trade
Revenue share
<0.1%
Revenue
123,429€
Revenue change 2024→2025
-33.9%
Profit
-42,886€
Margin
-34.7%
Employees
6
Payroll cost/emp./mo*
706€
113
Adria Stanojlović03081150 · Trade
Revenue share
<0.1%
Revenue
122,220€
Revenue change 2024→2025
-8.6%
Profit
5,267€
Margin
4.3%
Employees
7
Payroll cost/emp./mo*
714€
114
Loukas02986353 · Trade
Revenue share
<0.1%
Revenue
120,104€
Revenue change 2024→2025
-3.1%
Profit
6,869€
Margin
5.7%
Employees
1
Payroll cost/emp./mo*
1,130€
115
Čerović i DR02260107 · Trade
Revenue share
<0.1%
Revenue
118,686€
Revenue change 2024→2025
-9.4%
Profit
716€
Margin
0.6%
Employees
4
Payroll cost/emp./mo*
677€
116
Viva CG02770148 · Trade
Revenue share
<0.1%
Revenue
115,256€
Revenue change 2024→2025
-18.6%
Profit
26,188€
Margin
22.7%
Employees
1
Payroll cost/emp./mo*
931€
117
Vučković & Co02924072 · Trade
Revenue share
<0.1%
Revenue
112,190€
Revenue change 2024→2025
-5.3%
Profit
-368€
Margin
-0.3%
Employees
2
Payroll cost/emp./mo*
1,171€
118
Tyche03330621 · Trade
Revenue share
<0.1%
Revenue
110,789€
Revenue change 2024→2025
+12.2%
Profit
14,519€
Margin
13.1%
Employees
2
Payroll cost/emp./mo*
758€
119
Vasiljević Company02768461 · Trade
Revenue share
<0.1%
Revenue
110,658€
Revenue change 2024→2025
-38.6%
Profit
1,678€
Margin
1.5%
Employees
5
Payroll cost/emp./mo*
675€
120
Dakar02676419 · Trade
Revenue share
<0.1%
Revenue
106,709€
Revenue change 2024→2025
+4.3%
Profit
8,025€
Margin
7.5%
Employees
2
Payroll cost/emp./mo*
739€
121
JVD Company03347842 · Trade
Revenue share
<0.1%
Revenue
105,436€
Revenue change 2024→2025
+30.9%
Profit
13,003€
Margin
12.3%
Employees
3
Payroll cost/emp./mo*
418€
122
Tomaš02406942 · Trade
Revenue share
<0.1%
Revenue
104,472€
Revenue change 2024→2025
+7.5%
Profit
2,018€
Margin
1.9%
Employees
2
Payroll cost/emp./mo*
541€
123
Dragić02127504 · Trade
Revenue share
<0.1%
Revenue
102,415€
Revenue change 2024→2025
+8.7%
Profit
3,026€
Margin
3.0%
Employees
1
Payroll cost/emp./mo*
1,468€
124
Wizius02924862 · Trade
Revenue share
<0.1%
Revenue
100,756€
Revenue change 2024→2025
-13.1%
Profit
9,354€
Margin
9.3%
Employees
3
Payroll cost/emp./mo*
422€
125
Copy Centar Radius02666995 · Trade
Revenue share
<0.1%
Revenue
98,731€
Revenue change 2024→2025
+9.5%
Profit
483€
Margin
0.5%
Employees
4
Payroll cost/emp./mo*
932€
126
Kobel Blu03502660 · Trade
Revenue share
<0.1%
Revenue
96,490€
Revenue change 2024→2025
-35.8%
Profit
-21,328€
Margin
-22.1%
Employees
3
Payroll cost/emp./mo*
876€
127
Car Wash03048420 · Trade
Revenue share
<0.1%
Revenue
96,354€
Revenue change 2024→2025
+34.8%
Profit
-7,897€
Margin
-8.2%
Employees
4
Payroll cost/emp./mo*
593€
128
Tiki & Mona03048691 · Trade
Revenue share
<0.1%
Revenue
94,495€
Revenue change 2024→2025
+6.3%
Profit
6,510€
Margin
6.9%
Employees
2
Payroll cost/emp./mo*
857€
129
Diesel Service Milaković03284263 · Trade
Revenue share
<0.1%
Revenue
92,828€
Revenue change 2024→2025
+0.8%
Profit
17,389€
Margin
18.7%
Employees
4
Payroll cost/emp./mo*
674€
130
Maks-Invest03066541 · Trade
Revenue share
<0.1%
Revenue
92,040€
Revenue change 2024→2025
-78.9%
Profit
37,029€
Margin
40.2%
Employees
1
Payroll cost/emp./mo*
678€
131
Kinoa03091490 · Trade
Revenue share
<0.1%
Revenue
90,954€
Revenue change 2024→2025
+16.9%
Profit
-2,555€
Margin
-2.8%
Employees
4
Payroll cost/emp./mo*
640€
132
Biorganik Market03441555 · Trade
Revenue share
<0.1%
Revenue
90,898€
Revenue change 2024→2025
+18.5%
Profit
1,368€
Margin
1.5%
Employees
3
Payroll cost/emp./mo*
678€
133
Penipred02417081 · Trade
Revenue share
<0.1%
Revenue
89,335€
Revenue change 2024→2025
+25.8%
Profit
7,216€
Margin
8.1%
Employees
6
Payroll cost/emp./mo*
660€
134
Kanal03350266 · Trade
Revenue share
<0.1%
Revenue
88,098€
Revenue change 2024→2025
+1.6%
Profit
1,993€
Margin
2.3%
Employees
3
Payroll cost/emp./mo*
529€
135
Yuancheng02807530 · Trade
Revenue share
<0.1%
Revenue
87,460€
Revenue change 2024→2025
-13.7%
Profit
6,886€
Margin
7.9%
Employees
4
Payroll cost/emp./mo*
769€
136
Ćale i More03392848 · Trade
Revenue share
<0.1%
Revenue
83,765€
Revenue change 2024→2025
+217.5%
Profit
12,970€
Margin
15.5%
Employees
1
Payroll cost/emp./mo*
679€
137
Unicom-Iris03559106 · Trade
Revenue share
<0.1%
Revenue
81,744€
Revenue change 2024→2025
-8.8%
Profit
-57,297€
Margin
-70.1%
Employees
4
Payroll cost/emp./mo*
697€
138
Korać Company03288374 · Trade
Revenue share
<0.1%
Revenue
81,103€
Revenue change 2024→2025
+15.0%
Profit
1,210€
Margin
1.5%
Employees
2
Payroll cost/emp./mo*
936€
139
Proaktiv03648605 · Trade
Revenue share
<0.1%
Revenue
81,020€
Revenue change 2024→2025
+177.6%
Profit
8,590€
Margin
10.6%
Employees
2
Payroll cost/emp./mo*
1,375€
140
Vodoinstalater Stanić03068439 · Trade
Revenue share
<0.1%
Revenue
80,432€
Revenue change 2024→2025
+15.9%
Profit
4,114€
Margin
5.1%
Employees
2
Payroll cost/emp./mo*
—
141
Aromax Montenegro03069940 · Trade
Revenue share
<0.1%
Revenue
78,770€
Revenue change 2024→2025
+618.4%
Profit
62,882€
Margin
79.8%
Employees
1
Payroll cost/emp./mo*
—
142
Limov-Radović02786222 · Trade
Revenue share
<0.1%
Revenue
76,842€
Revenue change 2024→2025
-51.3%
Profit
18,758€
Margin
24.4%
Employees
4
Payroll cost/emp./mo*
658€
143
Premium Food Consulting 6503437809 · Trade
Revenue share
<0.1%
Revenue
75,671€
Revenue change 2024→2025
+57.3%
Profit
17,709€
Margin
23.4%
Employees
1
Payroll cost/emp./mo*
4,553€
144
Vamos HN03056180 · Trade
Revenue share
<0.1%
Revenue
75,457€
Revenue change 2024→2025
-2.8%
Profit
628€
Margin
0.8%
Employees
2
Payroll cost/emp./mo*
677€
145
Alfa Sound02833115 · Trade
Revenue share
<0.1%
Revenue
74,236€
Revenue change 2024→2025
+3.1%
Profit
6,374€
Margin
8.6%
Employees
3
Payroll cost/emp./mo*
796€
146
Glotec02716259 · Trade
Revenue share
<0.1%
Revenue
74,178€
Revenue change 2024→2025
+18.0%
Profit
-34,915€
Margin
-47.1%
Employees
5
Payroll cost/emp./mo*
813€
147
Yu-Gigo02353946 · Trade
Revenue share
<0.1%
Revenue
73,444€
Revenue change 2024→2025
+19.7%
Profit
-10,619€
Margin
-14.5%
Employees
2
Payroll cost/emp./mo*
733€
148
D202448661 · Trade
Revenue share
<0.1%
Revenue
73,150€
Revenue change 2024→2025
+136.7%
Profit
22,443€
Margin
30.7%
Employees
2
Payroll cost/emp./mo*
654€
149
Auto Kuća Đurović03274934 · Trade
Revenue share
<0.1%
Revenue
73,044€
Revenue change 2024→2025
+51.6%
Profit
1,369€
Margin
1.9%
Employees
1
Payroll cost/emp./mo*
675€
150
Lux - Brand Company03646530 · Trade
Revenue share
<0.1%
Revenue
72,552€
Revenue change 2024→2025
+7,820.5%
Profit
6,292€
Margin
8.7%
Employees
3
Payroll cost/emp./mo*
978€

Herceg Novi

Revenue

Herceg Novi

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 (2,701)

Overview

Revenue

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 (2,701)