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 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* |
|---|
| 151 | DS Promet03214494 · Transport & logistics | 0.1% | 9,984,007€ | +16.1% | 844,635€ | 8.5% | 9 | 1,261€ |
| 152 | Delta Transportni Sistem - D.T.S.03081052 · Transport & logistics | 0.1% | 9,979,223€ | +23.1% | 279,773€ | 2.8% | 58 | 1,881€ |
| 153 | Institut za Javno Zdravlje Crne Gore02015340 · Health & social care | 0.1% | 9,890,512€ | +6.9% | 31,182€ | 0.3% | 254 | 1,754€ |
| 154 | Siemens Energy03370259 · Trade | 0.1% | 9,833,830€ | +2,667.5% | 1,443,458€ | 14.7% | 3 | 4,380€ |
| 155 | Eagle LTD. CO. Montenegro03394867 · Trade | 0.1% | 9,828,989€ | +1,629.9% | -227,238€ | -2.3% | 5 | 2,237€ |
| 156 | Deponija02653907 · Energy, water & waste | <0.1% | 9,582,152€ | +21.0% | 1,946,946€ | 20.3% | 210 | 1,400€ |
| 157 | Avio Petrol02914123 · Trade | <0.1% | 9,498,790€ | +31.8% | 330,062€ | 3.5% | 40 | 1,122€ |
| 158 | Glovo Montenegro03351475 · Trade | <0.1% | 9,317,796€ | +24.9% | 551,397€ | 5.9% | 23 | 4,258€ |
| 159 | Čikom02177579 · Technology | <0.1% | 9,294,008€ | -8.2% | 289,058€ | 3.1% | 73 | 2,430€ |
| 160 | Metron03054730 · Manufacturing | <0.1% | 9,234,756€ | +5.9% | 250,535€ | 2.7% | 34 | 1,193€ |
| 161 | Batara02095521 · Trade | <0.1% | 9,204,063€ | +13.0% | 344,264€ | 3.7% | 13 | 1,215€ |
| 162 | Monte - Mitros02217643 · Trade | <0.1% | 9,150,611€ | +5.4% | 291,012€ | 3.2% | 25 | 1,001€ |
| 163 | Ik Real02760509 · Trade | <0.1% | 9,143,826€ | +17.4% | 140,866€ | 1.5% | 15 | 752€ |
| 164 | Via Paradiso02299399 · Trade | <0.1% | 8,941,107€ | +9.8% | 328,780€ | 3.7% | 106 | 1,366€ |
| 165 | Dama02877201 · Trade | <0.1% | 8,716,063€ | +39.3% | 716,111€ | 8.2% | 83 | 1,179€ |
| 166 | Moj Lab03322246 · Health & social care | <0.1% | 8,688,830€ | +8.0% | 408,360€ | 4.7% | 138 | 2,299€ |
| 167 | Formal02712741 · Manufacturing | <0.1% | 8,661,106€ | +14.5% | 1,583,903€ | 18.3% | 19 | 1,102€ |
| 168 | G3 Spirits02823381 · Trade | <0.1% | 8,654,246€ | +14.1% | 845,908€ | 9.8% | 27 | 2,109€ |
| 169 | Ericsson Ab Štokholm03014649 · Technology | <0.1% | 8,653,212€ | +0.6% | 249,370€ | 2.9% | 122 | 2,208€ |
| 170 | Meditas02198746 · Trade | <0.1% | 8,577,389€ | +5.0% | 1,035,584€ | 12.1% | 77 | 1,266€ |
| 171 | Kontrola Letenja Srbije i Crne Gore Smatsa D.O.O.,beograd02627744 · Transport & logistics | <0.1% | 8,499,824€ | +3.1% | -61,349€ | -0.7% | 102 | 6,543€ |
| 172 | TDS02395398 · Trade | <0.1% | 8,399,095€ | +18.9% | 270,056€ | 3.2% | 28 | 1,855€ |
| 173 | Gold 3M03344959 · Trade | <0.1% | 8,367,073€ | +55.3% | 553,584€ | 6.6% | 12 | 1,589€ |
| 174 | Sigillum Co02258749 · Trade | <0.1% | 8,345,860€ | -11.0% | 1,647,432€ | 19.7% | 22 | 1,043€ |
| 175 | Capital Plaza02458691 · Real estate | <0.1% | 8,057,271€ | +37.2% | 2,228,681€ | 27.7% | 1 | 4,460€ |
| 176 | Montecargo02758628 · Transport & logistics | <0.1% | 7,951,557€ | +10.9% | -960,946€ | -12.1% | 301 | 1,222€ |
| 177 | Inpek02016052 · Manufacturing | <0.1% | 7,878,140€ | +8.8% | 212,259€ | 2.7% | 84 | 877€ |
| 178 | Indel Inženjering02624214 · Professional services | <0.1% | 7,771,072€ | -7.2% | 135,457€ | 1.7% | 28 | 2,275€ |
| 179 | Shamade-Co02153149 · Manufacturing | <0.1% | 7,612,593€ | +10.4% | 48,874€ | 0.6% | 53 | 713€ |
| 180 | HTL Montenegro02692295 · Administrative services | <0.1% | 7,581,507€ | -4.5% | 922,153€ | 12.2% | 14 | 2,354€ |
| 181 | Admiral Holding02801094 · Construction | <0.1% | 7,548,658€ | +718.6% | 1,982,908€ | 26.3% | 17 | 1,773€ |
| 182 | Intermost02426960 · Construction | <0.1% | 7,475,606€ | +29.3% | 110,310€ | 1.5% | 45 | 1,253€ |
| 183 | Etc03028828 · Trade | <0.1% | 7,383,437€ | +4.5% | 129,802€ | 1.8% | 14 | 736€ |
| 184 | Coreit02775018 · Trade | <0.1% | 7,368,417€ | +3.5% | 1,903,126€ | 25.8% | 38 | 1,597€ |
| 185 | Falcon Commerce03012581 · Trade | <0.1% | 7,289,849€ | -15.6% | 134,114€ | 1.8% | 35 | 1,566€ |
| 186 | B.L. Harbert International L.L.C03314596 · Construction | <0.1% | 7,184,011€ | -1.6% | 306,913€ | 4.3% | 123 | 2,700€ |
| 187 | Also Montenegro02412691 · Trade | <0.1% | 7,057,187€ | +11.3% | 130,104€ | 1.8% | 13 | 2,694€ |
| 188 | BB Invest Group03403670 · Construction | <0.1% | 7,030,669€ | +1,830,803.4% | 204,148€ | 2.9% | 62 | 1,265€ |
| 189 | PDG Professional Development Group02755149 · Trade | <0.1% | 6,994,709€ | +55.3% | 606,674€ | 8.7% | 19 | 1,655€ |
| 190 | Arua03115895 · Arts & entertainment | <0.1% | 6,973,458€ | +6.8% | -1,396,504€ | -20.0% | 122 | 1,331€ |
| 191 | Šahović Company02249391 · Trade | <0.1% | 6,938,306€ | +5.7% | 91,525€ | 1.3% | 49 | 772€ |
| 192 | Perfect Trade03027376 · Transport & logistics | <0.1% | 6,927,774€ | -19.6% | 71,721€ | 1.0% | 40 | 1,746€ |
| 193 | Alk Montenegro03347133 · Construction | <0.1% | 6,922,608€ | +1,767.2% | 1,712,654€ | 24.7% | 11 | 1,467€ |
| 194 | Stratus02076195 · Manufacturing | <0.1% | 6,920,282€ | +8.9% | 345,593€ | 5.0% | 52 | 1,148€ |
| 195 | Fudbalski Klub Budućnost02707306 · Arts & entertainment | <0.1% | 6,881,422€ | -9.6% | -157,796€ | -2.3% | 92 | 4,134€ |
| 196 | Strabag02713403 · Construction | <0.1% | 6,853,315€ | -13.5% | 404,996€ | 5.9% | 30 | 2,793€ |
| 197 | Leandro02378094 · Trade | <0.1% | 6,819,548€ | +11.9% | 566,755€ | 8.3% | 81 | 1,266€ |
| 198 | Codra02340208 · Health & social care | <0.1% | 6,800,018€ | +11.1% | 568,008€ | 8.4% | 78 | 1,834€ |
| 199 | Enter02818345 · Trade | <0.1% | 6,780,571€ | +33.1% | 785,390€ | 11.6% | 25 | 1,550€ |
| 200 | Tungsten Montenegro03428184 · Technology | <0.1% | 6,760,599€ | +4.1% | 394,225€ | 5.8% | 117 | 3,870€ |