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 1501–1550 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* |
|---|
| 1501 | Vugomal Inženjering03413896 · Manufacturing | <0.1% | 571,457€ | -23.6% | 75,702€ | 13.2% | 11 | 880€ |
| 1502 | Minex Co02745038 · Professional services | <0.1% | 570,976€ | +10.4% | 55,967€ | 9.8% | 6 | 989€ |
| 1503 | L' Ecole Francaise Europeenne De Podgorica03504255 · Education | <0.1% | 570,876€ | +10.0% | -11,543€ | -2.0% | 17 | 2,227€ |
| 1504 | Panšped CG02295776 · Transport & logistics | <0.1% | 570,567€ | -90.2% | 4,020€ | 0.7% | 1 | 939€ |
| 1505 | Stane Commerce02818272 · Trade | <0.1% | 570,254€ | +18.6% | 9,911€ | 1.7% | 2 | 978€ |
| 1506 | Tornado02235889 · Trade | <0.1% | 569,870€ | +17.6% | 18,476€ | 3.2% | 6 | 677€ |
| 1507 | Genitos03163083 · Professional services | <0.1% | 569,605€ | +65.2% | 429,180€ | 75.3% | 1 | 1,582€ |
| 1508 | Ion Solutions02702169 · Professional services | <0.1% | 569,160€ | -7.4% | 31,574€ | 5.5% | 13 | 1,803€ |
| 1509 | Budućnost Bemax02797402 · Hospitality | <0.1% | 568,840€ | -17.9% | -113,848€ | -20.0% | 1 | 42,089€ |
| 1510 | Institut za Građevinarstvo02743523 · Professional services | <0.1% | 567,983€ | -20.2% | 39,742€ | 7.0% | 15 | 1,973€ |
| 1511 | Gold Travel03326128 · Administrative services | <0.1% | 567,742€ | +113.8% | 193,805€ | 34.1% | 5 | 1,596€ |
| 1512 | Toškovići02345471 · Construction | <0.1% | 567,361€ | +30.0% | 127,901€ | 22.5% | 5 | 1,181€ |
| 1513 | Svemir Plus03420426 · Construction | <0.1% | 565,968€ | +28.6% | 10,228€ | 1.8% | 3 | 1,237€ |
| 1514 | Rakom03194256 · Construction | <0.1% | 565,651€ | +44.0% | 6,721€ | 1.2% | 7 | 723€ |
| 1515 | MPM Company02703467 · Manufacturing | <0.1% | 565,421€ | -4.3% | 27,237€ | 4.8% | 16 | 1,313€ |
| 1516 | CG Konsing02652374 · Professional services | <0.1% | 565,058€ | -6.2% | 1,091€ | 0.2% | 16 | 1,622€ |
| 1517 | Ivicom Consulting02998050 · Construction | <0.1% | 564,699€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 346,814€ | 61.4% | 3 | 1,079€ |
| 1518 | Auto Eleven03283364 · Trade | <0.1% | 563,748€ | +1.9% | 17,804€ | 3.2% | 1 | 678€ |
| 1519 | M - Pro Consulting & Engineering02718499 · Professional services | <0.1% | 563,622€ | +205.7% | 108,914€ | 19.3% | 3 | 1,096€ |
| 1520 | SD Team03502805 · Hospitality | <0.1% | 563,462€ | +103.4% | 4,677€ | 0.8% | 3 | 3,252€ |
| 1521 | 3M&N Company02974835 · Trade | <0.1% | 563,277€ | +18.7% | 14,477€ | 2.6% | 4 | 1,741€ |
| 1522 | Fin - Ing02751194 · Trade | <0.1% | 562,166€ | -13.6% | 2,493€ | 0.4% | 13 | 1,051€ |
| 1523 | Ivanović Ijs03017516 · Trade | <0.1% | 561,387€ | +35.7% | 15,390€ | 2.7% | 2 | 1,288€ |
| 1524 | Or02088762 · Professional services | <0.1% | 561,233€ | +19.3% | 18,946€ | 3.4% | 1 | 9,411€ |
| 1525 | Ćepić03423409 · Trade | <0.1% | 561,215€ | +0.1% | 6,810€ | 1.2% | 10 | 675€ |
| 1526 | Sinhro CG03305333 · Manufacturing | <0.1% | 560,868€ | +168.3% | 47,658€ | 8.5% | 3 | 2,253€ |
| 1527 | Dental Grupa Montenegro02988232 · Trade | <0.1% | 560,562€ | +23.6% | 31,296€ | 5.6% | 4 | 1,615€ |
| 1528 | Romulus Partners03127311 · Construction | <0.1% | 560,251€ | +59.4% | -95,101€ | -17.0% | 5 | 1,440€ |
| 1529 | Šampinjoni02830752 · Agriculture | <0.1% | 560,155€ | +12.8% | 107,887€ | 19.3% | 10 | 870€ |
| 1530 | Štamparija Ostojić02361396 · Manufacturing | <0.1% | 559,305€ | +45.2% | 743€ | 0.1% | 3 | 842€ |
| 1531 | Iron Group03276236 · Construction | <0.1% | 559,265€ | -25.1% | 185,153€ | 33.1% | 4 | 3,548€ |
| 1532 | CDM02882957 · Technology | <0.1% | 558,832€ | -5.5% | 43,024€ | 7.7% | 16 | 1,956€ |
| 1533 | Pro Imel02769808 · Construction | <0.1% | 558,564€ | -69.0% | 12,195€ | 2.2% | 10 | 872€ |
| 1534 | Vaspav03078302 · Hospitality | <0.1% | 557,869€ | -10.9% | 23,269€ | 4.2% | 12 | 646€ |
| 1535 | Athos Real Estate and Investment03668860 · Real estate | <0.1% | 557,240€ | +467.2% | -147,240€ | -26.4% | 13 | 824€ |
| 1536 | Bezbjednost03116158 · Professional services | <0.1% | 556,865€ | +4.9% | 119,054€ | 21.4% | 4 | 2,069€ |
| 1537 | Trinaest03168492 · Professional services | <0.1% | 556,628€ | +31.2% | 3,289€ | 0.6% | 13 | 1,854€ |
| 1538 | Centar za Arhitekturu i Dizajn03256553 · Professional services | <0.1% | 556,627€ | +27.0% | 3,155€ | 0.6% | 4 | 1,256€ |
| 1539 | Represent Communications02851822 · Professional services | <0.1% | 556,461€ | +0.4% | 85,813€ | 15.4% | 8 | 2,019€ |
| 1540 | Fakultet za Kulturu i Turizam02981777 · Education | <0.1% | 556,036€ | -7.0% | 26,554€ | 4.8% | 9 | 2,196€ |
| 1541 | Mil-Miro03342956 · Trade | <0.1% | 556,006€ | +64.1% | -5,734€ | -1.0% | 4 | 2,069€ |
| 1542 | Cosmopolitan DMC03288463 · Administrative services | <0.1% | 555,617€ | +24.9% | 37,962€ | 6.8% | 2 | 3,951€ |
| 1543 | Vivis02965020 · Trade | <0.1% | 554,358€ | +8.3% | 85,006€ | 15.3% | 8 | 1,504€ |
| 1544 | A2b Express02817918 · Transport & logistics | <0.1% | 554,173€ | +49.3% | 11,855€ | 2.1% | 3 | 904€ |
| 1545 | Fakultet Humanističke Studije Podgorica02692112 · Education | <0.1% | 553,923€ | +12.1% | 4,599€ | 0.8% | 11 | 1,876€ |
| 1546 | Safiro Fundco03192903 · Professional services | <0.1% | 553,075€ | +26.8% | -70,606€ | -12.8% | 1 | 927€ |
| 1547 | Institut za Transport - Intra02398583 · Professional services | <0.1% | 552,753€ | +16.3% | 160,081€ | 29.0% | 15 | 1,259€ |
| 1548 | Penta Sistemi03385825 · Technology | <0.1% | 552,542€ | +376.6% | 83,105€ | 15.0% | 3 | 1,649€ |
| 1549 | Alseco02986299 · Trade | <0.1% | 552,317€ | -6.7% | 51,377€ | 9.3% | 5 | 1,154€ |
| 1550 | Remid Vis02284324 · Manufacturing | <0.1% | 551,567€ | +9.9% | 13,966€ | 2.5% | 26 | 968€ |