Revenue
1.3% of Montenegro's revenue
499 companies earned 227.92m€ in 2025, 1.3% of all company revenue in Montenegro. It ranks 12 of 25 municipalities by revenue. Revenue has grown 1.9× since 2015.
1.3% of Montenegro's revenue
20.7 per 1,000 residents · Montenegro 57.3
Largest employer: Rudnik Uglja (1,113)
Total profit: 157,958€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 118,114,526€ | 331 |
| 2016 | 107,254,530€ | 356 |
| 2017 | 125,403,201€ | 378 |
| 2018 | 129,015,523€ | 399 |
| 2019 | 127,678,759€ | 415 |
| 2020 | 130,240,039€ | 440 |
| 2021 | 138,177,042€ | 452 |
| 2022 | 178,865,306€ | 468 |
| 2023 | 206,876,288€ | 474 |
| 2024 | 214,760,497€ | 495 |
| 2025 (Preliminary) | 227,924,695€ | 499 |
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 164
* 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 | Dongfang Electric International Corporation03318206 · Trade | 13.4% | 30,511,379€ | +183.9% | -429,330€ | -1.4% | 8 | 2,419€ |
| 2 | Powerchina Hebei Engineering Corporation Limited China03397084 · Trade | 2.9% | 6,613,967€ | +142.5% | 159,403€ | 2.4% | 2 | 9,581€ |
| 3 | MM Market02910217 · Trade | 2.2% | 4,930,028€ | +16.5% | 215,476€ | 4.4% | 38 | 734€ |
| 4 | Avalon LTD02970244 · Trade | 1.1% | 2,527,855€ | +78.1% | 369,756€ | 14.6% | 24 | 762€ |
| 5 | Aroma02153726 · Trade | 1.1% | 2,431,230€ | +12.1% | 87,273€ | 3.6% | 6 | 818€ |
| 6 | Anđela Produkt02825821 · Trade | 0.8% | 1,934,953€ | -21.2% | -114,921€ | -5.9% | 37 | 714€ |
| 7 | Prima S02061813 · Trade | 0.8% | 1,874,386€ | +1.2% | 85,330€ | 4.6% | 8 | 827€ |
| 8 | Autocommerce02725584 · Trade | 0.8% | 1,726,963€ | -22.9% | 194,672€ | 11.3% | 5 | 1,514€ |
| 9 | Gama-Kom02179067 · Trade | 0.7% | 1,570,468€ | +19.5% | 80,821€ | 5.1% | 11 | 708€ |
| 10 | Gostrade02073927 · Trade | 0.7% | 1,509,098€ | +77.2% | 15,107€ | 1.0% | 6 | 905€ |
| 11 | Energos03049051 · Trade | 0.7% | 1,495,750€ | +134.0% | 140,662€ | 9.4% | 7 | 701€ |
| 12 | Termomont PV02907526 · Trade | 0.7% | 1,495,440€ | +54.6% | 211,233€ | 14.1% | 17 | 851€ |
| 13 | Heba02433729 · Trade | 0.6% | 1,477,171€ | +9.5% | 51,521€ | 3.5% | 7 | 1,974€ |
| 14 | Tim02080095 · Trade | 0.6% | 1,294,313€ | +11.8% | 59,469€ | 4.6% | 6 | 849€ |
| 15 | Neptun02068419 · Trade | 0.6% | 1,268,652€ | +12.5% | 39,621€ | 3.1% | 19 | 978€ |
| 16 | Pliješ02768666 · Trade | 0.5% | 1,087,297€ | -0.7% | 39,105€ | 3.6% | 7 | 737€ |
| 17 | Teikom Monte02617722 · Trade | 0.4% | 935,178€ | +35.8% | 60,757€ | 6.5% | 6 | 1,894€ |
| 18 | Duja - Komerc02194627 · Trade | 0.4% | 850,774€ | +1.9% | -25,319€ | -3.0% | 8 | 621€ |
| 19 | Vin Kolor03081389 · Trade | 0.4% | 828,727€ | +34.5% | 56,138€ | 6.8% | 5 | 964€ |
| 20 | Slavija-Comerc02124009 · Trade | 0.3% | 728,908€ | +13.3% | 64,780€ | 8.9% | 9 | 849€ |
| 21 | Poto S 2103352846 · Trade | 0.3% | 664,604€ | -3.6% | 32,722€ | 4.9% | 4 | 693€ |
| 22 | Autoservis Knežević02455013 · Trade | 0.3% | 659,007€ | +22.5% | 6,215€ | 0.9% | 16 | 706€ |
| 23 | Stanić - Com02758733 · Trade | 0.3% | 573,734€ | +23.6% | 10,724€ | 1.9% | 7 | 698€ |
| 24 | Maxi02374773 · Trade | 0.2% | 560,632€ | +4.4% | 33,460€ | 6.0% | 16 | 818€ |
| 25 | Pila02274426 · Trade | 0.2% | 520,629€ | +22.7% | 22,023€ | 4.2% | 4 | 1,185€ |
| 26 | Univerzal En02752492 · Trade | 0.2% | 486,309€ | +13.5% | 6,769€ | 1.4% | 7 | 537€ |
| 27 | Ana i Nina02876540 · Trade | 0.2% | 422,719€ | +6.3% | -1,979€ | -0.5% | 5 | 671€ |
| 28 | Vojtina Promet03674258 · Trade | 0.2% | 372,053€ | +205.9% | -4,576€ | -1.2% | 1 | 679€ |
| 29 | Djak Sport-PV03673740 · Trade | 0.2% | 345,790€ | +117.4% | 100,546€ | 29.1% | 5 | 787€ |
| 30 | Magnet02709961 · Trade | 0.2% | 345,568€ | -16.3% | 28,760€ | 8.3% | 4 | 944€ |
| 31 | Vujanović VD03748022 · Trade | 0.1% | 338,509€ | No filing for 2024. | 9,921€ | 2.9% | 1 | 495€ |
| 32 | Montenegro Services02747103 · Trade | 0.1% | 321,829€ | -60.9% | 3,460€ | 1.1% | 5 | 1,557€ |
| 33 | Urban Line03324516 · Trade | 0.1% | 316,728€ | +30.2% | 913€ | 0.3% | 2 | 982€ |
| 34 | B.K.Legend02621410 · Trade | 0.1% | 309,031€ | +11.9% | 29,001€ | 9.4% | 6 | 1,004€ |
| 35 | Proljeće-Komerc02189208 · Trade | 0.1% | 308,801€ | +54.4% | 20,061€ | 6.5% | 8 | 645€ |
| 36 | Trgovina Mango02776804 · Trade | 0.1% | 294,425€ | +10.0% | 1,698€ | 0.6% | 5 | 646€ |
| 37 | MTS - Comerc02387379 · Trade | 0.1% | 292,207€ | -18.3% | -8,331€ | -2.9% | 11 | 658€ |
| 38 | Arde Com03070883 · Trade | 0.1% | 291,420€ | +9.3% | -19,424€ | -6.7% | 15 | 813€ |
| 39 | Vis02113767 · Trade | 0.1% | 283,918€ | -3.1% | 1,976€ | 0.7% | 2 | 714€ |
| 40 | Auto Shop Dax03107906 · Trade | 0.1% | 261,129€ | +27.5% | 6,740€ | 2.6% | 3 | 747€ |
| 41 | Dukat Com02697084 · Trade | 0.1% | 258,702€ | -3.0% | 3,559€ | 1.4% | 5 | 732€ |
| 42 | Njegoš02121425 · Trade | 0.1% | 248,101€ | +19.1% | 22,493€ | 9.1% | 2 | 703€ |
| 43 | Laco-Elektro02070260 · Trade | 0.1% | 233,810€ | -14.1% | -1,825€ | -0.8% | 2 | 572€ |
| 44 | Najo-Commerce02099195 · Trade | 0.1% | 228,396€ | +15.7% | 3,679€ | 1.6% | 6 | 647€ |
| 45 | Spanix03031632 · Trade | <0.1% | 213,536€ | +21.7% | 38,616€ | 18.1% | 2 | 810€ |
| 46 | Trinova03748758 · Trade | <0.1% | 199,453€ | No filing for 2024. | 59,396€ | 29.8% | 5 | 716€ |
| 47 | Elting02124815 · Trade | <0.1% | 195,698€ | -0.7% | -4,178€ | -2.1% | 3 | 675€ |
| 48 | Sava Motors03743357 · Trade | <0.1% | 192,649€ | No filing for 2024. | 11,069€ | 5.7% | 1 | 521€ |
| 49 | N.S.A. - Prom02752115 · Trade | <0.1% | 180,838€ | +20.8% | 1,269€ | 0.7% | 12 | 1,177€ |
| 50 | Esso02290197 · Trade | <0.1% | 167,171€ | -2.3% | -5,026€ | -3.0% | 1 | 675€ |