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 2001–2050 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* |
|---|
| 2001 | V - Marina02433435 · Manufacturing | <0.1% | 366,083€ | +10.8% | 3,139€ | 0.9% | 12 | 727€ |
| 2002 | Karisma Hotels Management Montenegro03150054 · Hospitality | <0.1% | 366,071€ | +32.5% | 148,724€ | 40.6% | 3 | 4,314€ |
| 2003 | Sealand Tours Montenegro03744884 · Administrative services | <0.1% | 366,058€ | No filing for 2024. | 16,740€ | 4.6% | 2 | 1,584€ |
| 2004 | Rezidencija Zdravlja - Kerber02879298 · Health & social care | <0.1% | 365,795€ | +17.4% | 63,641€ | 17.4% | 8 | 1,439€ |
| 2005 | Tian Style03221270 · Trade | <0.1% | 365,604€ | +2.5% | 29,238€ | 8.0% | 5 | 997€ |
| 2006 | Stefan CGS03077349 · Trade | <0.1% | 364,495€ | +20.7% | 12,843€ | 3.5% | 1 | 965€ |
| 2007 | Pro Sign03224171 · Trade | <0.1% | 364,426€ | +14.3% | 955€ | 0.3% | 4 | 1,447€ |
| 2008 | Teqto03185010 · Construction | <0.1% | 363,854€ | +13.5% | 15,549€ | 4.3% | 8 | 572€ |
| 2009 | Studio Prostor02752182 · Professional services | <0.1% | 363,546€ | +54.5% | 17,837€ | 4.9% | 3 | 2,462€ |
| 2010 | Konstrukcije Mont Gradnja03489868 · Construction | <0.1% | 363,537€ | -67.2% | 90,121€ | 24.8% | 1 | 2,152€ |
| 2011 | Ask03092453 · Manufacturing | <0.1% | 362,912€ | +19.9% | -2,443€ | -0.7% | 5 | 817€ |
| 2012 | Aquatech Montenegro03414086 · Trade | <0.1% | 362,791€ | +13.8% | 147,480€ | 40.7% | 2 | 713€ |
| 2013 | D&C Group03671623 · Hospitality | <0.1% | 362,748€ | +142.7% | 49,487€ | 13.6% | 1 | 9,600€ |
| 2014 | Capital Transfer Mne03035174 · Finance & insurance | <0.1% | 362,679€ | -0.7% | 46,700€ | 12.9% | 4 | 1,422€ |
| 2015 | Radron02664640 · Manufacturing | <0.1% | 362,559€ | +449.3% | -58,589€ | -16.2% | 4 | 770€ |
| 2016 | MGR Logistics02903172 · Transport & logistics | <0.1% | 362,549€ | +347.3% | 5,157€ | 1.4% | 24 | 970€ |
| 2017 | Odex03077411 · Trade | <0.1% | 362,125€ | +7.5% | 204,120€ | 56.4% | 3 | 910€ |
| 2018 | Mofast02974860 · Construction | <0.1% | 361,846€ | +98.8% | 51,797€ | 14.3% | 8 | 625€ |
| 2019 | L-Nets03258009 · Technology | <0.1% | 361,747€ | +22.6% | -31,000€ | -8.6% | 5 | 3,210€ |
| 2020 | Wizard02106981 · Transport & logistics | <0.1% | 361,608€ | +175.7% | 616€ | 0.2% | 3 | 525€ |
| 2021 | Martaile03278921 · Trade | <0.1% | 361,160€ | +67.8% | 21,691€ | 6.0% | 11 | 968€ |
| 2022 | M-Grain03592588 · Trade | <0.1% | 360,936€ | -32.3% | 5,440€ | 1.5% | 1 | 951€ |
| 2023 | Digitech03519392 · Administrative services | <0.1% | 360,815€ | +59.5% | 32,260€ | 8.9% | 5 | 999€ |
| 2024 | Vabcom02963752 · Trade | <0.1% | 360,798€ | +7.4% | 7,952€ | 2.2% | 1 | 2,017€ |
| 2025 | Kosmopolis03339297 · Hospitality | <0.1% | 360,335€ | +6.8% | 58,534€ | 16.2% | 7 | 1,399€ |
| 2026 | Orkacg03173844 · Trade | <0.1% | 360,252€ | +2.3% | 5,180€ | 1.4% | 1 | 2,470€ |
| 2027 | Voda - Projekti02963582 · Construction | <0.1% | 359,237€ | -13.3% | 12,034€ | 3.3% | 7 | 1,031€ |
| 2028 | Codepixel03200116 · Technology | <0.1% | 358,940€ | -16.8% | -21,392€ | -6.0% | 15 | 1,561€ |
| 2029 | Ljekarska Komora Crne Gore02251248 · Public & nonprofit | <0.1% | 358,927€ | +64.2% | 85,759€ | 23.9% | 4 | 3,961€ |
| 2030 | Silver Consult03445461 · Technology | <0.1% | 358,916€ | +4,423.8% | 5,242€ | 1.5% | 1 | 1,249€ |
| 2031 | Centar za Monitoring i Istraživanje02309483 · Arts & entertainment | <0.1% | 358,368€ | +4.7% | 0€ | 0.0% | 5 | 4,548€ |
| 2032 | Asian Taste03401189 · Hospitality | <0.1% | 358,151€ | -37.9% | -45,933€ | -12.8% | 9 | 679€ |
| 2033 | It Services02876469 · Technology | <0.1% | 357,967€ | +4.4% | 14,009€ | 3.9% | 1 | 704€ |
| 2034 | Adžić Company03302482 · Trade | <0.1% | 357,189€ | +7.8% | 2,326€ | 0.7% | 5 | 810€ |
| 2035 | 13. Januar02121182 · Professional services | <0.1% | 357,187€ | +46.1% | 73,044€ | 20.4% | 6 | 1,026€ |
| 2036 | Asta03553035 · Health & social care | <0.1% | 357,137€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 23,522€ | 6.6% | 3 | 969€ |
| 2037 | E.C.S.02390710 · Technology | <0.1% | 356,792€ | -10.1% | 9,458€ | 2.7% | 9 | 1,481€ |
| 2038 | Anik - Atik02903601 · Trade | <0.1% | 356,722€ | -36.9% | 16,412€ | 4.6% | 5 | 2,111€ |
| 2039 | Oki Air Broadcasting03078752 · Arts & entertainment | <0.1% | 356,699€ | +16.5% | 21,265€ | 6.0% | 7 | 2,060€ |
| 2040 | Arhimed02882922 · Technology | <0.1% | 355,916€ | +8.8% | 31,259€ | 8.8% | 21 | 959€ |
| 2041 | Net2me03241335 · Technology | <0.1% | 355,853€ | -16.8% | 111,086€ | 31.2% | 5 | 2,307€ |
| 2042 | Complex Service03536521 · Administrative services | <0.1% | 355,560€ | +121.3% | 41,330€ | 11.6% | 24 | 809€ |
| 2043 | Mey Pharm03671062 · Trade | <0.1% | 355,169€ | +28,542.7% | 157,768€ | 44.4% | 1 | 5,049€ |
| 2044 | Otkup Katalizatora Mile03312046 · Energy, water & waste | <0.1% | 355,160€ | +135.4% | 21,384€ | 6.0% | 2 | 678€ |
| 2045 | Nites02933241 · Professional services | <0.1% | 354,834€ | +24.3% | 1,887€ | 0.5% | 6 | 1,871€ |
| 2046 | B&M Auto's Mne03694208 · Trade | <0.1% | 354,262€ | +1,332.8% | 36,473€ | 10.3% | 1 | 781€ |
| 2047 | Green Ecs03298132 · Transport & logistics | <0.1% | 354,133€ | -19.0% | -53,782€ | -15.2% | 20 | 973€ |
| 2048 | Vena03567362 · Construction | <0.1% | 354,031€ | +84.1% | 12,061€ | 3.4% | 3 | — |
| 2049 | Hair Industry03268632 · Trade | <0.1% | 353,970€ | +4.7% | 48,264€ | 13.6% | 3 | 617€ |
| 2050 | Calivita Montenegro03316491 · Trade | <0.1% | 353,884€ | +16.6% | 3,757€ | 1.1% | 5 | 3,023€ |