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 101–118 of 118
* 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* |
|---|
| 101 | Future Hidro03369412 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,868€ | — | 1 | 1,199€ |
| 102 | Future Sun03078299 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -40,392€ | — | 1 | 1,199€ |
| 103 | Hydro Lještanica03126242 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,728€ | — | 1 | 672€ |
| 104 | International Energybank Ieb03357139 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 105 | Mhe Štitarica03088634 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,150€ | — | 1 | 929€ |
| 106 | Nova Commodities Montenegro03512002 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,187€ | — | 1 | — |
| 107 | Simes Hidro03719758 · Energy, water & waste | 0.0% | 0€ | No filing for 2024. | -6,281€ | — | 1 | — |
| 108 | Sled - Charging Stations03648451 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -20,102€ | — | 2 | 705€ |
| 109 | Sole 2403637603 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -56,582€ | — | 2 | 1,214€ |
| 110 | Solek Montenegro Services03626300 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,562€ | — | 1 | — |
| 111 | SPV Alfa Montenegro03627152 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,802€ | — | 1 | — |
| 112 | SPV Beta Montenegro03627136 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,342€ | — | 1 | — |
| 113 | SPV Gamma Montenegro03629660 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,626€ | — | 1 | — |
| 114 | Three Seventeen03733513 · Energy, water & waste | 0.0% | 0€ | No filing for 2024. | -4,803€ | — | 1 | 400€ |
| 115 | Valgo03139263 · Energy, water & waste | 0.0% | 0€ | -100.0% | -34,151€ | — | 0 | — |
| 116 | Win Logistics02857634 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,051€ | — | 1 | 338€ |
| 117 | World Vision Green Energy03312496 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,051€ | — | 1 | 338€ |
| 118 | ZT Energy03448614 · Energy, water & waste | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,827€ | — | 1 | 341€ |