Revenue
55.0% of Montenegro's revenue
12,148 companies earned 9.71b€ in 2025, 55.0% of all company revenue in Montenegro. It ranks 1 of 25 municipalities by revenue. Revenue has grown 2.7× since 2015.
55.0% of Montenegro's revenue
67.7 per 1,000 residents · Montenegro 57.3
Largest employer: Idea - CG (2,426)
Total profit: 748.64m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 3,587,068,765€ | 5,044 |
| 2016 | 4,096,949,470€ | 5,487 |
| 2017 | 4,709,755,484€ | 6,109 |
| 2018 | 5,118,600,583€ | 6,927 |
| 2019 | 5,323,922,814€ | 7,518 |
| 2020 | 4,709,522,069€ | 8,027 |
| 2021 | 5,608,587,707€ | 8,567 |
| 2022 | 6,799,397,294€ | 9,638 |
| 2023 | 8,203,771,212€ | 11,057 |
| 2024 | 8,801,908,063€ | 11,952 |
| 2025 (Preliminary) | 9,708,565,989€ | 12,148 |
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 501–550 of 2,695
* 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* |
|---|
| 501 | Nobel Corporation02845113 · Trade | <0.1% | 637,836€ | +36.0% | 71,323€ | 11.2% | 10 | 992€ |
| 502 | Totohem02096277 · Trade | <0.1% | 634,809€ | +2.1% | 50,704€ | 8.0% | 4 | 2,234€ |
| 503 | Globo-Pergam02307529 · Trade | <0.1% | 629,884€ | -10.9% | 27,830€ | 4.4% | 7 | 1,447€ |
| 504 | Vosmet Limited03224236 · Trade | <0.1% | 623,100€ | -3.5% | -38,043€ | -6.1% | 1 | 802€ |
| 505 | Praktik Co03258203 · Trade | <0.1% | 621,293€ | -6.5% | 4,099€ | 0.7% | 9 | 794€ |
| 506 | Aqua-Matanović02976757 · Trade | <0.1% | 620,380€ | +20.3% | 87,094€ | 14.0% | 5 | 1,046€ |
| 507 | PG Fruit03772756 · Trade | <0.1% | 616,604€ | No filing for 2024. | 11,061€ | 1.8% | 2 | — |
| 508 | Casa De Puros03428303 · Trade | <0.1% | 615,749€ | +4.6% | 46,384€ | 7.5% | 7 | 1,617€ |
| 509 | Salveo CG02915707 · Trade | <0.1% | 613,508€ | +20.9% | 43,240€ | 7.0% | 5 | 4,555€ |
| 510 | 4 Level03760235 · Trade | <0.1% | 610,867€ | No filing for 2024. | 63,144€ | 10.3% | 2 | 459€ |
| 511 | Džudo Company02375460 · Trade | <0.1% | 607,904€ | -16.8% | 6,253€ | 1.0% | 6 | 672€ |
| 512 | Golik & Co02339978 · Trade | <0.1% | 607,856€ | +11.0% | 5,619€ | 0.9% | 6 | 828€ |
| 513 | Arija02402793 · Trade | <0.1% | 602,028€ | +16.7% | 33,978€ | 5.6% | 8 | 720€ |
| 514 | Pejmont02240726 · Trade | <0.1% | 599,698€ | +63.9% | 2,944€ | 0.5% | 4 | 833€ |
| 515 | Shine Company03056660 · Trade | <0.1% | 598,319€ | +20.7% | 112,348€ | 18.8% | 13 | 892€ |
| 516 | Chic02262398 · Trade | <0.1% | 596,876€ | +11.8% | 77,385€ | 13.0% | 10 | 1,277€ |
| 517 | Marinković-Hofmann03410374 · Trade | <0.1% | 593,351€ | +19.8% | 28,904€ | 4.9% | 4 | 1,914€ |
| 518 | Šćekić02069911 · Trade | <0.1% | 587,401€ | +0.2% | 198€ | 0.0% | 9 | 908€ |
| 519 | Centar Com02315122 · Trade | <0.1% | 586,517€ | +14.9% | 53,177€ | 9.1% | 4 | 1,483€ |
| 520 | Proco International03581683 · Trade | <0.1% | 584,586€ | +534.3% | 16,435€ | 2.8% | 1 | 909€ |
| 521 | Evocon03063801 · Trade | <0.1% | 580,092€ | +14.4% | 1,387€ | 0.2% | 2 | 807€ |
| 522 | Jeknić02728176 · Trade | <0.1% | 579,893€ | +7.2% | 45,208€ | 7.8% | 9 | 1,077€ |
| 523 | Medicalana03404510 · Trade | <0.1% | 577,238€ | +31.7% | 199,288€ | 34.5% | 6 | 1,130€ |
| 524 | Portokali Adriatic03028704 · Trade | <0.1% | 576,933€ | +9.3% | -49,092€ | -8.5% | 11 | 1,558€ |
| 525 | Sani Optik 195203579298 · Trade | <0.1% | 572,548€ | +24.5% | 14,654€ | 2.6% | 4 | 607€ |
| 526 | Stane Commerce02818272 · Trade | <0.1% | 570,254€ | +18.6% | 9,911€ | 1.7% | 2 | 978€ |
| 527 | Tornado02235889 · Trade | <0.1% | 569,870€ | +17.6% | 18,476€ | 3.2% | 6 | 677€ |
| 528 | Auto Eleven03283364 · Trade | <0.1% | 563,748€ | +1.9% | 17,804€ | 3.2% | 1 | 678€ |
| 529 | 3M&N Company02974835 · Trade | <0.1% | 563,277€ | +18.7% | 14,477€ | 2.6% | 4 | 1,741€ |
| 530 | Fin - Ing02751194 · Trade | <0.1% | 562,166€ | -13.6% | 2,493€ | 0.4% | 13 | 1,051€ |
| 531 | Ivanović Ijs03017516 · Trade | <0.1% | 561,387€ | +35.7% | 15,390€ | 2.7% | 2 | 1,288€ |
| 532 | Ćepić03423409 · Trade | <0.1% | 561,215€ | +0.1% | 6,810€ | 1.2% | 10 | 675€ |
| 533 | Dental Grupa Montenegro02988232 · Trade | <0.1% | 560,562€ | +23.6% | 31,296€ | 5.6% | 4 | 1,615€ |
| 534 | Mil-Miro03342956 · Trade | <0.1% | 556,006€ | +64.1% | -5,734€ | -1.0% | 4 | 2,069€ |
| 535 | Vivis02965020 · Trade | <0.1% | 554,358€ | +8.3% | 85,006€ | 15.3% | 8 | 1,504€ |
| 536 | Alseco02986299 · Trade | <0.1% | 552,317€ | -6.7% | 51,377€ | 9.3% | 5 | 1,154€ |
| 537 | Inel Medica02272504 · Trade | <0.1% | 551,541€ | -25.1% | 15,501€ | 2.8% | 7 | 1,372€ |
| 538 | Mercury's03247830 · Trade | <0.1% | 549,955€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,179€ | 0.2% | 1 | 675€ |
| 539 | Vortex '2203473244 · Trade | <0.1% | 539,526€ | +40.4% | 78,688€ | 14.6% | 3 | 1,010€ |
| 540 | Lift - Ing02977478 · Trade | <0.1% | 539,350€ | +101.1% | 45,343€ | 8.4% | 5 | 1,593€ |
| 541 | W2 Company03113965 · Trade | <0.1% | 536,669€ | -14.2% | 7,753€ | 1.4% | 5 | 1,218€ |
| 542 | Auto-Centar Šahović02645513 · Trade | <0.1% | 535,954€ | -5.0% | 49,906€ | 9.3% | 9 | 916€ |
| 543 | Boralex03315126 · Trade | <0.1% | 532,924€ | +14.6% | 1,533€ | 0.3% | 2 | — |
| 544 | TP Elektro03068617 · Trade | <0.1% | 532,048€ | +0.0% | 18,606€ | 3.5% | 8 | 1,206€ |
| 545 | Max Corporation02721759 · Trade | <0.1% | 529,782€ | -23.6% | 11,082€ | 2.1% | 3 | 2,030€ |
| 546 | Panorama Moda03061205 · Trade | <0.1% | 529,643€ | +1.1% | 16,619€ | 3.1% | 6 | 1,744€ |
| 547 | MCG Oil02409739 · Trade | <0.1% | 529,080€ | +11.5% | 14,759€ | 2.8% | 8 | 1,097€ |
| 548 | Ict03276864 · Trade | <0.1% | 527,660€ | +64.2% | 142,407€ | 27.0% | 3 | 1,948€ |
| 549 | Energogroup02855844 · Trade | <0.1% | 525,633€ | +134.1% | 27,700€ | 5.3% | 2 | 1,242€ |
| 550 | VDM Stanišić02744414 · Trade | <0.1% | 524,859€ | +49.6% | 137,331€ | 26.2% | 5 | 647€ |