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 101–150 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* |
|---|
| 101 | Fidija02111616 · Construction | 0.2% | 15,184,951€ | -17.1% | 451,179€ | 3.0% | 57 | 1,901€ |
| 102 | Voli Motors02846187 · Trade | 0.2% | 14,651,666€ | +38.2% | 1,246,191€ | 8.5% | 28 | 1,491€ |
| 103 | Čibri02723417 · Arts & entertainment | 0.1% | 14,553,432€ | +60.5% | 6,550,945€ | 45.0% | 275 | 636€ |
| 104 | Permonte02695154 · Professional services | 0.1% | 14,515,999€ | +4.4% | 32,605€ | 0.2% | 13 | 2,221€ |
| 105 | Si-Ing02224682 · Construction | 0.1% | 14,289,638€ | +1.8% | 640,587€ | 4.5% | 93 | 995€ |
| 106 | Medica02171058 · Trade | 0.1% | 14,212,285€ | +24.9% | 975,398€ | 6.9% | 13 | 2,173€ |
| 107 | Ljetopis Automotive02357992 · Trade | 0.1% | 14,169,241€ | -13.3% | 765,758€ | 5.4% | 42 | 1,852€ |
| 108 | Karisma Hotels Adriatic Montenegro03134687 · Hospitality | 0.1% | 14,022,817€ | +31.4% | 2,427,586€ | 17.3% | 160 | 1,441€ |
| 109 | Gorenje- Podgorica02235455 · Trade | 0.1% | 13,888,104€ | +5.2% | 145,860€ | 1.1% | 8 | 5,218€ |
| 110 | Razvojna Banka Crne Gore02217937 · Finance & insurance | 0.1% | 13,847,490€ | +4.9% | 7,443,668€ | 53.8% | 98 | 2,929€ |
| 111 | Nall International02327953 · Trade | 0.1% | 13,750,990€ | +6.3% | 1,230,953€ | 9.0% | 90 | 1,273€ |
| 112 | Čelebić02073048 · Construction | 0.1% | 13,746,908€ | -22.9% | 370,166€ | 2.7% | 122 | 1,551€ |
| 113 | Kidzone03267652 · Trade | 0.1% | 13,521,261€ | +12.6% | 2,571,285€ | 19.0% | 102 | 1,420€ |
| 114 | BB Solar02844575 · Construction | 0.1% | 13,457,424€ | -12.5% | 729,097€ | 5.4% | 47 | 2,061€ |
| 115 | J & J Company02457563 · Manufacturing | 0.1% | 13,340,943€ | +10.2% | 1,713,397€ | 12.8% | 49 | 921€ |
| 116 | New Yorker Montenegro02778343 · Trade | 0.1% | 13,280,234€ | +20.3% | 2,846,818€ | 21.4% | 88 | 1,079€ |
| 117 | Mokamard02247518 · Manufacturing | 0.1% | 13,114,196€ | +37.2% | 1,415,196€ | 10.8% | 15 | 1,013€ |
| 118 | Panevivo02762404 · Hospitality | 0.1% | 12,898,430€ | +8.4% | 626,102€ | 4.9% | 286 | 1,182€ |
| 119 | Universal Capital Bank02684462 · Finance & insurance | 0.1% | 12,897,000€ | -9.6% | 5,169,000€ | 40.1% | — | — |
| 120 | Urion02301245 · Trade | 0.1% | 12,780,612€ | -4.0% | 2,355,466€ | 18.4% | 23 | 1,909€ |
| 121 | Brevi02337843 · Trade | 0.1% | 12,723,547€ | +7.7% | 255,028€ | 2.0% | 25 | 695€ |
| 122 | Etg Grupa02264498 · Professional services | 0.1% | 12,606,478€ | +54.5% | 443,860€ | 3.5% | 92 | 1,125€ |
| 123 | Epam Systems Montenegro03381447 · Technology | 0.1% | 12,563,722€ | -15.0% | 997,278€ | 7.9% | 234 | 3,849€ |
| 124 | Ewe Montenegro03059812 · Trade | 0.1% | 12,284,404€ | +9.7% | 589,030€ | 4.8% | 16 | 1,821€ |
| 125 | Mozura Wind Park02724391 · Energy, water & waste | 0.1% | 12,026,005€ | +5.4% | 1,404,856€ | 11.7% | 3 | 2,233€ |
| 126 | Nivel Stovarište Đurović03103099 · Trade | 0.1% | 11,934,979€ | +14.9% | 615,530€ | 5.2% | 27 | 1,148€ |
| 127 | Asfalt - Beton Gradnja02929864 · Construction | 0.1% | 11,814,198€ | +35.6% | 839,422€ | 7.1% | 20 | 1,897€ |
| 128 | Milšped Montenegro02660814 · Transport & logistics | 0.1% | 11,703,166€ | -5.2% | 604,259€ | 5.2% | 120 | 1,399€ |
| 129 | Podravka02355388 · Trade | 0.1% | 11,639,018€ | +9.5% | 199,805€ | 1.7% | 36 | 1,996€ |
| 130 | Dekra Privremeno Zapošljavanje02873273 · Administrative services | 0.1% | 11,622,005€ | -5.2% | 119,070€ | 1.0% | 879 | 1,061€ |
| 131 | Juxinyuan Import Export CO.03177840 · Construction | 0.1% | 11,554,817€ | +200.7% | 925,715€ | 8.0% | 22 | 938€ |
| 132 | Kavarić Group02228777 · Trade | 0.1% | 11,524,535€ | +14.6% | 1,630,474€ | 14.1% | 71 | 1,381€ |
| 133 | Cabrio02279223 · Trade | 0.1% | 11,516,585€ | +5.4% | 26,078€ | 0.2% | 36 | 696€ |
| 134 | Coinis03014215 · Professional services | 0.1% | 11,503,159€ | +5.6% | 2,934,810€ | 25.5% | 84 | 2,624€ |
| 135 | Termosistem02376733 · Construction | 0.1% | 11,414,722€ | +28.6% | 219,167€ | 1.9% | 99 | 1,694€ |
| 136 | Mil-Pop02260620 · Trade | 0.1% | 11,267,671€ | +8.9% | 509,642€ | 4.5% | 142 | 1,037€ |
| 137 | Hotel Crna Gora02820331 · Hospitality | 0.1% | 11,172,720€ | -1.8% | 1,694,328€ | 15.2% | 185 | 1,485€ |
| 138 | Osmi Red - D02296705 · Trade | 0.1% | 11,000,990€ | +4.1% | 857,489€ | 7.8% | 47 | 1,751€ |
| 139 | Koprivica Rosol Comerc02302128 · Trade | 0.1% | 10,721,946€ | -2.0% | 524,276€ | 4.9% | 30 | 1,509€ |
| 140 | Perspektif Yapi Insaat Sanayi Ve Ticaret Anonim Sirketi03482219 · Construction | 0.1% | 10,710,762€ | -52.5% | -371,356€ | -3.5% | 21 | 4,655€ |
| 141 | Prokom02317982 · Trade | 0.1% | 10,673,649€ | -17.7% | 555,447€ | 5.2% | 22 | 1,576€ |
| 142 | Sincommerce02202778 · Trade | 0.1% | 10,585,845€ | +12.8% | 1,205,338€ | 11.4% | 71 | 1,909€ |
| 143 | Alumil Montenegro02411865 · Trade | 0.1% | 10,567,660€ | +6.6% | 735,165€ | 7.0% | 22 | 2,186€ |
| 144 | Xexperience03410021 · Transport & logistics | 0.1% | 10,471,668€ | -2.3% | 3,181,452€ | 30.4% | 21 | 2,741€ |
| 145 | Čistoća02407493 · Energy, water & waste | 0.1% | 10,405,774€ | +19.2% | -1,692,914€ | -16.3% | 645 | 1,143€ |
| 146 | Samms02196727 · Trade | 0.1% | 10,367,610€ | +5.6% | 1,551,296€ | 15.0% | 79 | 1,311€ |
| 147 | Proengineering02664674 · Construction | 0.1% | 10,309,525€ | +10,171.1% | 1,639,608€ | 15.9% | 1 | 5,438€ |
| 148 | Domen02686473 · Technology | 0.1% | 10,135,097€ | +4.2% | 3,570,979€ | 35.2% | 7 | 5,114€ |
| 149 | Elko Tim02128632 · Trade | 0.1% | 10,059,129€ | +15.3% | 426,938€ | 4.2% | 62 | 1,862€ |
| 150 | Alk Gradnja03394662 · Construction | 0.1% | 10,024,112€ | +58.5% | 3,656,114€ | 36.5% | 85 | 1,580€ |