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 601–650 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* |
|---|
| 601 | Magic Star Mne03230414 · Trade | <0.1% | 431,007€ | +90.2% | 51,524€ | 12.0% | 3 | 3,504€ |
| 602 | Max Color03083454 · Trade | <0.1% | 429,622€ | -10.2% | 8,599€ | 2.0% | 5 | 857€ |
| 603 | Stavek Company02930293 · Trade | <0.1% | 429,484€ | +12.0% | 105,754€ | 24.6% | 5 | 803€ |
| 604 | Hefest02970678 · Trade | <0.1% | 428,273€ | +14.4% | 68,823€ | 16.1% | 1 | 962€ |
| 605 | Niković02763923 · Trade | <0.1% | 427,996€ | +26.9% | 12,149€ | 2.8% | 4 | 680€ |
| 606 | Tena02095882 · Trade | <0.1% | 427,337€ | -11.3% | 10,790€ | 2.5% | 9 | 701€ |
| 607 | Društvo za Trgovinu i Zastupanje Retail Group Balkans02959755 · Trade | <0.1% | 426,317€ | +12.5% | 5,413€ | 1.3% | 7 | 876€ |
| 608 | Mojan02146053 · Trade | <0.1% | 426,089€ | +1.6% | 19,506€ | 4.6% | 5 | 1,188€ |
| 609 | Lunas02298139 · Trade | <0.1% | 426,069€ | -4.7% | -23,337€ | -5.5% | 7 | 961€ |
| 610 | Mag Company03057836 · Trade | <0.1% | 424,209€ | +4.0% | 7,655€ | 1.8% | 5 | 1,039€ |
| 611 | Kerber Gold03783065 · Trade | <0.1% | 422,912€ | No filing for 2024. | -12,841€ | -3.0% | 2 | 391€ |
| 612 | Indom02308568 · Trade | <0.1% | 422,398€ | -2.2% | 3,883€ | 0.9% | 4 | 545€ |
| 613 | Dunk Shop Montenegro03535975 · Trade | <0.1% | 422,053€ | +7.7% | 16,700€ | 4.0% | 3 | 1,026€ |
| 614 | Group Trade03030636 · Trade | <0.1% | 421,229€ | +26.7% | 51,842€ | 12.3% | 4 | 688€ |
| 615 | Montenegro Stone Center02427877 · Trade | <0.1% | 420,363€ | +64.8% | 24,599€ | 5.9% | 2 | 1,275€ |
| 616 | Opticus Montenegro03236242 · Trade | <0.1% | 420,314€ | +27.1% | 68,384€ | 16.3% | 2 | 1,029€ |
| 617 | Gruppo Daef03262391 · Trade | <0.1% | 420,307€ | +47.9% | -6,216€ | -1.5% | 1 | 2,139€ |
| 618 | Monteprom02287650 · Trade | <0.1% | 418,579€ | +7.4% | 11,940€ | 2.9% | 4 | 701€ |
| 619 | Regeneracija Eko03648265 · Trade | <0.1% | 418,385€ | +171.8% | 1,701€ | 0.4% | 2 | 1,036€ |
| 620 | Progresiv02420953 · Trade | <0.1% | 417,674€ | +20.1% | 89,758€ | 21.5% | 5 | 602€ |
| 621 | Farmasi Montenegro02995999 · Trade | <0.1% | 416,771€ | -16.9% | 18,769€ | 4.5% | 6 | 1,321€ |
| 622 | Rinaldi03533123 · Trade | <0.1% | 416,251€ | +62.7% | 8,037€ | 1.9% | 2 | 611€ |
| 623 | Alquds02420554 · Trade | <0.1% | 414,704€ | -8.2% | 5,196€ | 1.3% | 3 | 584€ |
| 624 | Vami02132524 · Trade | <0.1% | 414,599€ | +19.5% | 123,921€ | 29.9% | 6 | 648€ |
| 625 | Bi Trade Montenegro03344061 · Trade | <0.1% | 414,398€ | -13.7% | -23,089€ | -5.6% | 5 | 750€ |
| 626 | Optima Pharm03121348 · Trade | <0.1% | 412,982€ | +13.5% | 10,377€ | 2.5% | 4 | 1,179€ |
| 627 | Rotomix03103854 · Trade | <0.1% | 411,690€ | +19.8% | 16,447€ | 4.0% | 3 | 813€ |
| 628 | Eorial03524515 · Trade | <0.1% | 411,000€ | +12.4% | 115,333€ | 28.1% | 1 | 2,344€ |
| 629 | Agroseme-Panonija CG02855895 · Trade | <0.1% | 409,571€ | No filing for 2024. | 38,655€ | 9.4% | 1 | 1,100€ |
| 630 | Biromont02249286 · Trade | <0.1% | 409,332€ | +24.8% | 38,966€ | 9.5% | 7 | 923€ |
| 631 | Apoteka Maxima02318890 · Trade | <0.1% | 408,480€ | +65.8% | 2,558€ | 0.6% | 3 | 1,713€ |
| 632 | Artec Montenegro02450534 · Trade | <0.1% | 407,437€ | +228.3% | 193,930€ | 47.6% | 1 | 1,224€ |
| 633 | Agrotrend03260836 · Trade | <0.1% | 406,469€ | +30.9% | 35,427€ | 8.7% | 2 | 1,272€ |
| 634 | VMB Dedić02357275 · Trade | <0.1% | 405,439€ | +12.9% | 10,294€ | 2.5% | 5 | 673€ |
| 635 | Nebo Jan02755238 · Trade | <0.1% | 405,409€ | -19.9% | 28,001€ | 6.9% | 7 | 746€ |
| 636 | Pharmanova02878801 · Trade | <0.1% | 405,243€ | +6.1% | 0€ | 0.0% | 4 | 4,824€ |
| 637 | Step Adria03439461 · Trade | <0.1% | 403,284€ | +7.0% | 99,205€ | 24.6% | 4 | 643€ |
| 638 | Beri Promm02996308 · Trade | <0.1% | 403,021€ | +8.3% | 11,376€ | 2.8% | 4 | 737€ |
| 639 | Likaprom02130025 · Trade | <0.1% | 402,762€ | +47.4% | 2,038€ | 0.5% | 10 | 622€ |
| 640 | Optika Jovović 102741750 · Trade | <0.1% | 401,269€ | -1.0% | 18,075€ | 4.5% | 10 | 868€ |
| 641 | Winn Company03129349 · Trade | <0.1% | 398,934€ | +40.1% | 15,184€ | 3.8% | 2 | 1,506€ |
| 642 | Eleven Technology03122301 · Trade | <0.1% | 398,751€ | +49.0% | 44,005€ | 11.0% | 1 | 942€ |
| 643 | Bratilja02691086 · Trade | <0.1% | 398,397€ | +44.0% | 35,520€ | 8.9% | 6 | 762€ |
| 644 | Bosphorus Trading Company03544320 · Trade | <0.1% | 398,035€ | -54.4% | 6,916€ | 1.7% | 1 | 677€ |
| 645 | Finish Montenegro02882159 · Trade | <0.1% | 396,807€ | -29.9% | 18,761€ | 4.7% | 2 | 866€ |
| 646 | Connect Mobile03052818 · Trade | <0.1% | 394,508€ | +153.8% | 28,381€ | 7.2% | 10 | 467€ |
| 647 | Kit Monte03454380 · Trade | <0.1% | 393,591€ | +159.6% | -2,902€ | -0.7% | 6 | 807€ |
| 648 | KV-Technologies03622541 · Trade | <0.1% | 393,106€ | +93.6% | 29,469€ | 7.5% | 3 | 539€ |
| 649 | Fenrir03645207 · Trade | <0.1% | 389,925€ | +69.8% | 11,652€ | 3.0% | 7 | 973€ |
| 650 | Pega Trade02156881 · Trade | <0.1% | 389,369€ | +3.9% | 2,489€ | 0.6% | 4 | 537€ |