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 151–200 of 718
* 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* |
|---|
| 151 | Infinito Gelato03304779 · Manufacturing | <0.1% | 263,766€ | +13.9% | -11,251€ | -4.3% | 2 | 3,610€ |
| 152 | City Elevator03533573 · Manufacturing | <0.1% | 261,191€ | +57.4% | 3,214€ | 1.2% | 2 | 2,139€ |
| 153 | Monargo03083748 · Manufacturing | <0.1% | 260,623€ | +0.4% | -56,866€ | -21.8% | 9 | 1,196€ |
| 154 | Enterijeri Vujačić03144798 · Manufacturing | <0.1% | 257,231€ | +37.1% | 1,111€ | 0.4% | 1 | 958€ |
| 155 | Grand Print02978253 · Manufacturing | <0.1% | 253,390€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 250,979€ | 99.0% | 1 | — |
| 156 | Mehanoprint02668980 · Manufacturing | <0.1% | 251,288€ | +92.6% | 1,283€ | 0.5% | 1 | 824€ |
| 157 | Zora-Vukčević02452421 · Manufacturing | <0.1% | 248,896€ | -13.7% | 6,879€ | 2.8% | 12 | 824€ |
| 158 | Bambis Group02866854 · Manufacturing | <0.1% | 245,723€ | +0.6% | 18,707€ | 7.6% | 5 | 671€ |
| 159 | Shock Studio03062015 · Manufacturing | <0.1% | 238,485€ | -1.1% | 24,549€ | 10.3% | 8 | 726€ |
| 160 | Universal Print03730077 · Manufacturing | <0.1% | 236,205€ | No filing for 2024. | 25,799€ | 10.9% | 2 | 894€ |
| 161 | Click Print02985101 · Manufacturing | <0.1% | 235,145€ | +1.2% | 7,931€ | 3.4% | 3 | 1,063€ |
| 162 | Mce Company03115909 · Manufacturing | <0.1% | 230,494€ | +150.3% | 41,872€ | 18.2% | 1 | 3,687€ |
| 163 | Toni Pekara - Magistrala03066851 · Manufacturing | <0.1% | 229,766€ | -5.0% | 30,967€ | 13.5% | 4 | 601€ |
| 164 | Enterijeri Martinović03576566 · Manufacturing | <0.1% | 229,561€ | +95.3% | 5,102€ | 2.2% | 7 | 561€ |
| 165 | Craft Marine Yacht Technics03287157 · Manufacturing | <0.1% | 229,008€ | +6.8% | -336€ | -0.1% | 3 | 730€ |
| 166 | Zdrawo03084396 · Manufacturing | <0.1% | 227,420€ | +30.0% | -26,030€ | -11.4% | 11 | 722€ |
| 167 | Electric Power Service03359107 · Manufacturing | <0.1% | 226,997€ | +4.0% | 16,295€ | 7.2% | 2 | 7,477€ |
| 168 | Vugomal03089193 · Manufacturing | <0.1% | 223,058€ | +1,578.1% | 95,301€ | 42.7% | 1 | 339€ |
| 169 | As Metal03350746 · Manufacturing | <0.1% | 222,114€ | +116.4% | 31,346€ | 14.1% | 2 | 600€ |
| 170 | Novi Melamin02934434 · Manufacturing | <0.1% | 221,553€ | +15.0% | 7,001€ | 3.2% | 5 | 725€ |
| 171 | Faximile02074044 · Manufacturing | <0.1% | 220,309€ | -17.4% | 15,815€ | 7.2% | 5 | 1,263€ |
| 172 | Ibd Metaloproizvod02705907 · Manufacturing | <0.1% | 220,216€ | -25.7% | 16,291€ | 7.4% | 3 | 697€ |
| 173 | Aqua - Service02287595 · Manufacturing | <0.1% | 220,162€ | -20.9% | 40,588€ | 18.4% | 4 | 1,082€ |
| 174 | Industrija03530019 · Manufacturing | <0.1% | 219,493€ | +107.3% | -18,030€ | -8.2% | 5 | 900€ |
| 175 | Vitex02097702 · Manufacturing | <0.1% | 219,374€ | +34.2% | 57,376€ | 26.2% | 7 | 980€ |
| 176 | Smart Systems Montenegro03243427 · Manufacturing | <0.1% | 218,877€ | +73.3% | 47,142€ | 21.5% | 4 | 507€ |
| 177 | PRO&O Vent03075974 · Manufacturing | <0.1% | 216,298€ | +4.2% | 13,871€ | 6.4% | 4 | 696€ |
| 178 | Digital Smile Design03515346 · Manufacturing | <0.1% | 216,111€ | +110.0% | 74,251€ | 34.4% | 5 | 678€ |
| 179 | M Gelato03500926 · Manufacturing | <0.1% | 215,997€ | +16.9% | 978€ | 0.5% | 4 | 1,457€ |
| 180 | Valtec02285509 · Manufacturing | <0.1% | 214,775€ | -12.2% | 2,742€ | 1.3% | 4 | 844€ |
| 181 | Namještaj Brankos02451271 · Manufacturing | <0.1% | 214,465€ | +20.3% | 40,009€ | 18.7% | 4 | 406€ |
| 182 | Alind03374882 · Manufacturing | <0.1% | 212,281€ | -66.5% | -55,541€ | -26.2% | 8 | 1,194€ |
| 183 | Pekara Zagorič03344436 · Manufacturing | <0.1% | 210,075€ | -3.6% | 8,201€ | 3.9% | 10 | 310€ |
| 184 | Ingenious Solution03312089 · Manufacturing | <0.1% | 208,231€ | -9.0% | 21,547€ | 10.3% | 5 | 836€ |
| 185 | Designbox02754622 · Manufacturing | <0.1% | 204,654€ | -4.1% | 323€ | 0.2% | 3 | 1,203€ |
| 186 | Ink03044521 · Manufacturing | <0.1% | 202,965€ | +71.6% | -9,764€ | -4.8% | 1 | 467€ |
| 187 | Pekara Lekić03243591 · Manufacturing | <0.1% | 201,889€ | +19.6% | 13,604€ | 6.7% | 4 | 1,147€ |
| 188 | Poslastičara Sonja02340747 · Manufacturing | <0.1% | 200,267€ | +8.6% | -3,911€ | -2.0% | 8 | 888€ |
| 189 | Prorex03171671 · Manufacturing | <0.1% | 199,818€ | -1.2% | 4,418€ | 2.2% | 3 | 1,281€ |
| 190 | Eleven02958937 · Manufacturing | <0.1% | 198,852€ | +9.8% | 10,067€ | 5.1% | 10 | 574€ |
| 191 | Bordid02206498 · Manufacturing | <0.1% | 197,788€ | -10.3% | 3,967€ | 2.0% | 3 | 839€ |
| 192 | Mille Baci03195279 · Manufacturing | <0.1% | 197,552€ | +10.0% | 12,486€ | 6.3% | 3 | 1,212€ |
| 193 | Tim-Klikovac02326400 · Manufacturing | <0.1% | 196,286€ | +72.2% | 2,038€ | 1.0% | 3 | 846€ |
| 194 | Žvaka03132021 · Manufacturing | <0.1% | 194,701€ | +10.9% | 9,812€ | 5.0% | 2 | 2,708€ |
| 195 | Plodovi Crne Gore02411016 · Manufacturing | <0.1% | 193,617€ | -5.3% | -1,066€ | -0.6% | 5 | 1,517€ |
| 196 | Luktod03505928 · Manufacturing | <0.1% | 192,281€ | +29.4% | 20,524€ | 10.7% | 9 | 523€ |
| 197 | Ice Mont03048675 · Manufacturing | <0.1% | 191,050€ | +46.5% | 6,489€ | 3.4% | 5 | 624€ |
| 198 | I-Wine03175049 · Manufacturing | <0.1% | 187,417€ | -13.7% | 52,949€ | 28.3% | 1 | — |
| 199 | Montfe03078850 · Manufacturing | <0.1% | 185,220€ | +55.7% | 19,362€ | 10.5% | 3 | 636€ |
| 200 | Tjestenina03240584 · Manufacturing | <0.1% | 184,039€ | +18.5% | 5,670€ | 3.1% | 6 | 856€ |