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 801–850 of 12,148
* 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* |
|---|
| 801 | Novi Sjever Mont03288650 · Manufacturing | <0.1% | 1,348,078€ | -58.0% | 20,396€ | 1.5% | 7 | 1,800€ |
| 802 | Ak Investments03520757 · Real estate | <0.1% | 1,346,733€ | +348.9% | 271,920€ | 20.2% | 1 | 678€ |
| 803 | Asp Montenegro02771748 · Administrative services | <0.1% | 1,346,635€ | +7.4% | 14,972€ | 1.1% | 65 | 1,089€ |
| 804 | In Vitro02373831 · Health & social care | <0.1% | 1,343,805€ | +12.7% | 318,967€ | 23.7% | 19 | 1,168€ |
| 805 | Cema02931141 · Professional services | <0.1% | 1,337,932€ | +31.0% | 381,265€ | 28.5% | 14 | 1,262€ |
| 806 | Miacom03216900 · Manufacturing | <0.1% | 1,337,696€ | +21.4% | 152,280€ | 11.4% | 4 | 2,403€ |
| 807 | Necka02761297 · Trade | <0.1% | 1,335,646€ | +14.5% | 52,773€ | 4.0% | 11 | 745€ |
| 808 | On Line Company02418614 · Trade | <0.1% | 1,324,954€ | +3.3% | 98,779€ | 7.5% | 17 | 1,020€ |
| 809 | Pepić Šped03178374 · Transport & logistics | <0.1% | 1,323,839€ | +330.0% | 33,877€ | 2.6% | 5 | 3,614€ |
| 810 | Naučno - Tehnološki Park Crne Gore03280896 · Real estate | <0.1% | 1,320,554€ | +150.8% | 248,391€ | 18.8% | 9 | 3,544€ |
| 811 | Ljuljanović Cotton i Ortaci02335522 · Trade | <0.1% | 1,319,158€ | +6.6% | 220,342€ | 16.7% | 32 | 888€ |
| 812 | Loreana Design02726858 · Professional services | <0.1% | 1,315,319€ | +63.0% | 107,877€ | 8.2% | 7 | 2,219€ |
| 813 | The British Academy03685063 · Education | <0.1% | 1,315,032€ | +323.1% | 56,574€ | 4.3% | 29 | 1,601€ |
| 814 | Evropa Lek Pharma02773945 · Professional services | <0.1% | 1,314,854€ | -11.3% | 159,122€ | 12.1% | 11 | 3,059€ |
| 815 | Grafo Group02957574 · Manufacturing | <0.1% | 1,311,258€ | +17.6% | 45,617€ | 3.5% | 15 | 1,042€ |
| 816 | Forma Engineering03391647 · Professional services | <0.1% | 1,307,242€ | -19.3% | 5,452€ | 0.4% | 6 | 2,894€ |
| 817 | Đ&M03028941 · Manufacturing | <0.1% | 1,304,972€ | +8.1% | 214,597€ | 16.4% | 8 | 2,510€ |
| 818 | Auto Moto Društvo Stanić02337002 · Trade | <0.1% | 1,303,961€ | -7.3% | 116,348€ | 8.9% | 5 | 776€ |
| 819 | Ulis02230283 · Trade | <0.1% | 1,303,271€ | +37.3% | 201,666€ | 15.5% | 14 | 1,017€ |
| 820 | MD Trade02377004 · Trade | <0.1% | 1,299,705€ | +4.8% | 17,682€ | 1.4% | 4 | 601€ |
| 821 | Mega Construction Company03247473 · Construction | <0.1% | 1,299,252€ | -9.0% | 41,884€ | 3.2% | 5 | 9,125€ |
| 822 | Pal03213501 · Manufacturing | <0.1% | 1,298,845€ | +61.9% | 124,479€ | 9.6% | 5 | 2,471€ |
| 823 | Enovitis Montenegro02876329 · Administrative services | <0.1% | 1,293,227€ | +30.5% | 59,389€ | 4.6% | 3 | 1,297€ |
| 824 | Prohouse02285754 · Trade | <0.1% | 1,290,308€ | -74.1% | -99,224€ | -7.7% | 7 | 1,958€ |
| 825 | Ding02867079 · Professional services | <0.1% | 1,286,078€ | +359.0% | 61,993€ | 4.8% | 10 | 2,198€ |
| 826 | Simpo02811294 · Trade | <0.1% | 1,280,205€ | +38.6% | -1,654,731€ | -129.3% | 28 | 943€ |
| 827 | Rajan Development03168387 · Construction | <0.1% | 1,278,625€ | +119.5% | 457,639€ | 35.8% | 7 | 1,788€ |
| 828 | M Capital02827948 · Trade | <0.1% | 1,277,892€ | +3.7% | 160,899€ | 12.6% | 21 | 687€ |
| 829 | Pavgord CG03009262 · Trade | <0.1% | 1,275,808€ | +127.3% | -2,105,816€ | -165.1% | 2 | 1,372€ |
| 830 | DDM Company02860929 · Transport & logistics | <0.1% | 1,271,096€ | -2.1% | 8,651€ | 0.7% | 8 | 1,700€ |
| 831 | MB Com02948346 · Technology | <0.1% | 1,270,533€ | +27.0% | 16,101€ | 1.3% | 4 | 1,106€ |
| 832 | HTL Devco03421180 · Technology | <0.1% | 1,269,476€ | -13.0% | 37,132€ | 2.9% | 21 | 4,096€ |
| 833 | Danlab02352397 · Trade | <0.1% | 1,268,298€ | +57.2% | 40,612€ | 3.2% | 14 | 1,269€ |
| 834 | Ostrovica02097605 · Construction | <0.1% | 1,267,568€ | +2,669.7% | 215,845€ | 17.0% | 3 | 1,078€ |
| 835 | Pal-Mont02945592 · Trade | <0.1% | 1,267,291€ | +11.2% | 38,837€ | 3.1% | 5 | 1,121€ |
| 836 | Tuttomoto02752301 · Trade | <0.1% | 1,266,901€ | +99.5% | 80,435€ | 6.3% | 4 | 715€ |
| 837 | Damis02166445 · Professional services | <0.1% | 1,263,525€ | +208.4% | 13,519€ | 1.1% | 8 | 739€ |
| 838 | Luča Montenegro03356213 · Transport & logistics | <0.1% | 1,261,729€ | +3.5% | -64,228€ | -5.1% | 9 | 3,078€ |
| 839 | Monte-Plod02702479 · Agriculture | <0.1% | 1,258,945€ | -9.5% | 329,209€ | 26.1% | 10 | 1,084€ |
| 840 | Šerer02977044 · Hospitality | <0.1% | 1,257,891€ | +31.5% | 206,550€ | 16.4% | 13 | 1,122€ |
| 841 | Hoffmann - La Roche LTD02639408 · Professional services | <0.1% | 1,249,920€ | +14.9% | -42,683€ | -3.4% | 7 | 6,366€ |
| 842 | Target Invest03631621 · Construction | <0.1% | 1,247,898€ | +105.4% | 20,705€ | 1.7% | 4 | 3,358€ |
| 843 | Center03178919 · Hospitality | <0.1% | 1,247,117€ | +49.0% | 34,208€ | 2.7% | 5 | 1,395€ |
| 844 | Euro Mne Izgradnja03211193 · Construction | <0.1% | 1,241,831€ | -5.9% | 163,904€ | 13.2% | 21 | 1,934€ |
| 845 | Skill Inženjering02347342 · Professional services | <0.1% | 1,240,706€ | +39.6% | 25,641€ | 2.1% | 8 | 1,517€ |
| 846 | PG-Garage02682664 · Trade | <0.1% | 1,236,371€ | +19.0% | 40,533€ | 3.3% | 3 | 980€ |
| 847 | Nova Energija02162326 · Professional services | <0.1% | 1,234,752€ | +20.8% | 186,862€ | 15.1% | 2 | 2,863€ |
| 848 | Rosman03238423 · Construction | <0.1% | 1,233,359€ | +53.2% | 34,714€ | 2.8% | 6 | 1,108€ |
| 849 | Vukašinović DDM02308428 · Construction | <0.1% | 1,228,518€ | +35.6% | 88,932€ | 7.2% | 11 | 1,171€ |
| 850 | Hidro Lux03065294 · Construction | <0.1% | 1,227,446€ | +54.7% | 265,412€ | 21.6% | 14 | 1,062€ |