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 701–750 of 1,351
* 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* |
|---|
| 701 | As-Vent03570380 · Construction | <0.1% | 46,529€ | +7.4% | 15,745€ | 33.8% | 1 | 1,258€ |
| 702 | Mali Majstor03629244 · Construction | <0.1% | 46,278€ | +93.6% | -3,865€ | -8.4% | 1 | 918€ |
| 703 | Div Bravarija03630005 · Construction | <0.1% | 46,272€ | +304.2% | 3,168€ | 6.8% | 1 | 677€ |
| 704 | MSM Termo03752267 · Construction | <0.1% | 45,984€ | No filing for 2024. | 3,395€ | 7.4% | 0 | — |
| 705 | Magnum Development03326756 · Construction | <0.1% | 45,720€ | +65.8% | -123,118€ | -269.3% | 4 | 1,310€ |
| 706 | Radman Group03228444 · Construction | <0.1% | 45,412€ | +6.8% | -26,313€ | -57.9% | 3 | 775€ |
| 707 | KM Elektro03748375 · Construction | <0.1% | 45,205€ | No filing for 2024. | 576€ | 1.3% | 2 | 1,014€ |
| 708 | Dejanović Details03621251 · Construction | <0.1% | 44,817€ | +155.7% | 3,233€ | 7.2% | 1 | 759€ |
| 709 | Sunfilm02728320 · Construction | <0.1% | 44,203€ | -46.8% | 1,120€ | 2.5% | 2 | 389€ |
| 710 | ARH. Atelje02377276 · Construction | <0.1% | 43,994€ | +95.6% | -57€ | -0.1% | 1 | 1,069€ |
| 711 | Vukotić - Trejd02685817 · Construction | <0.1% | 43,648€ | +248.6% | 19,237€ | 44.1% | 1 | — |
| 712 | Krnjača Gradnja03638162 · Construction | <0.1% | 43,482€ | -33.5% | 3,031€ | 7.0% | 4 | 618€ |
| 713 | Termo Smart03728641 · Construction | <0.1% | 43,378€ | No filing for 2024. | 7,240€ | 16.7% | 3 | 635€ |
| 714 | H2o Izol03404714 · Construction | <0.1% | 42,861€ | +18.9% | 12,849€ | 30.0% | 1 | 674€ |
| 715 | Internos Enterijeri03634426 · Construction | <0.1% | 42,814€ | +75.6% | 11,044€ | 25.8% | 2 | 431€ |
| 716 | Stone Design Mne03630919 · Construction | <0.1% | 42,155€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,936€ | -35.4% | 3 | 874€ |
| 717 | Akademik03144330 · Construction | <0.1% | 42,078€ | +389.3% | 17,267€ | 41.0% | 1 | 512€ |
| 718 | Easy T03632920 · Construction | <0.1% | 42,031€ | +15.8% | -64,398€ | -153.2% | 1 | 3,858€ |
| 719 | Hidroizolacija Glogoški03628680 · Construction | <0.1% | 41,715€ | +51.9% | 6,250€ | 15.0% | 1 | 1,357€ |
| 720 | Projekt 3M02679779 · Construction | <0.1% | 41,678€ | -40.0% | -3,067€ | -7.4% | 2 | 777€ |
| 721 | Window02441390 · Construction | <0.1% | 41,559€ | -3.4% | -1,818€ | -4.4% | 3 | — |
| 722 | X-Inženjering03012263 · Construction | <0.1% | 41,550€ | +2.8% | -6,913€ | -16.6% | 1 | 2,808€ |
| 723 | Master Finish03760898 · Construction | <0.1% | 41,534€ | No filing for 2024. | 505€ | 1.2% | 0 | — |
| 724 | Sloboda System03771717 · Construction | <0.1% | 41,246€ | No filing for 2024. | 4,410€ | 10.7% | 2 | 885€ |
| 725 | Agroluks02771560 · Construction | <0.1% | 41,044€ | +6.1% | 6,923€ | 16.9% | 1 | 671€ |
| 726 | Zlatibor Ing03317323 · Construction | <0.1% | 40,928€ | -23.7% | -2,111€ | -5.2% | 1 | 450€ |
| 727 | GPSS03344118 · Construction | <0.1% | 40,620€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 3,137€ | 7.7% | 1 | 678€ |
| 728 | Hvac & Mep Systems03662918 · Construction | <0.1% | 40,216€ | +79.9% | 2,877€ | 7.2% | 2 | — |
| 729 | Džoli Company03346820 · Construction | <0.1% | 39,867€ | -20.4% | -2,688€ | -6.7% | 2 | 426€ |
| 730 | Aquateam Mne03560058 · Construction | <0.1% | 39,659€ | -32.4% | 476€ | 1.2% | 2 | 627€ |
| 731 | Central Invest03379744 · Construction | <0.1% | 39,649€ | +3,964,800.0% | 11,733€ | 29.6% | 1 | 524€ |
| 732 | W Elektro03562573 · Construction | <0.1% | 39,307€ | -21.4% | -19,907€ | -50.6% | 2 | 654€ |
| 733 | Procodex03068030 · Construction | <0.1% | 39,260€ | +10.8% | 28,984€ | 73.8% | 1 | 319€ |
| 734 | Top Color03322106 · Construction | <0.1% | 39,168€ | -37.1% | -14,919€ | -38.1% | 2 | 902€ |
| 735 | M-Construct03783502 · Construction | <0.1% | 38,843€ | No filing for 2024. | 611€ | 1.6% | 1 | — |
| 736 | D&K Inženjering02955482 · Construction | <0.1% | 38,331€ | -78.1% | -13,828€ | -36.1% | 2 | 689€ |
| 737 | Hidroizolacija Ljubo03426033 · Construction | <0.1% | 37,711€ | -16.4% | 984€ | 2.6% | 1 | 1,156€ |
| 738 | Vedel Mont03634060 · Construction | <0.1% | 37,073€ | +97.4% | 8,742€ | 23.6% | 1 | 919€ |
| 739 | Dallas Invest03499286 · Construction | <0.1% | 37,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,482€ | -12.1% | 2 | 624€ |
| 740 | Profi Team D&D Ivanović03489248 · Construction | <0.1% | 36,418€ | -29.7% | 356€ | 1.0% | 2 | 566€ |
| 741 | Prizma Inženjering02956039 · Construction | <0.1% | 36,000€ | +66.7% | 23,296€ | 64.7% | 1 | 1,048€ |
| 742 | Kabelnet03129454 · Construction | <0.1% | 35,889€ | +78.9% | -12,819€ | -35.7% | 5 | 667€ |
| 743 | Kayo Decor03725227 · Construction | <0.1% | 35,504€ | No filing for 2024. | -1,241€ | -3.5% | 3 | 800€ |
| 744 | VDT Studio03386490 · Construction | <0.1% | 35,437€ | -24.9% | 1,078€ | 3.0% | 2 | 307€ |
| 745 | Hidro-Varagić03753654 · Construction | <0.1% | 35,351€ | No filing for 2024. | 10,828€ | 30.6% | 1 | 490€ |
| 746 | Quasar02692643 · Construction | <0.1% | 35,288€ | -5.2% | -1,514€ | -4.3% | 1 | 678€ |
| 747 | Const - Adapt03786234 · Construction | <0.1% | 35,019€ | No filing for 2024. | 360€ | 1.0% | 1 | 302€ |
| 748 | Univerzal Projekt Komerc03605418 · Construction | <0.1% | 34,656€ | -9.8% | 5,685€ | 16.4% | 1 | 339€ |
| 749 | Klimatizuj Me03746291 · Construction | <0.1% | 34,548€ | No filing for 2024. | 8,507€ | 24.6% | 1 | 496€ |
| 750 | Montenegro Land02446758 · Construction | <0.1% | 34,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 28,539€ | 83.3% | 1 | — |