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 201–250 of 1,351
* 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* |
|---|
| 201 | Zain Property Development03103331 · Construction | <0.1% | 726,926€ | -44.9% | -22,448€ | -3.1% | 1 | 5,952€ |
| 202 | Miltom Inženjering03665003 · Construction | <0.1% | 717,432€ | +1,691.0% | 40,855€ | 5.7% | 13 | 458€ |
| 203 | Frimel02627540 · Construction | <0.1% | 715,097€ | +23.6% | 151,115€ | 21.1% | 12 | 1,200€ |
| 204 | Lange Bau03032132 · Construction | <0.1% | 714,093€ | +297.7% | 202,525€ | 28.4% | 7 | 1,645€ |
| 205 | Optoinženjering02712296 · Construction | <0.1% | 707,489€ | -7.5% | 52,625€ | 7.4% | 12 | 1,995€ |
| 206 | Art Stone02738228 · Construction | <0.1% | 702,714€ | +35.9% | 84,404€ | 12.0% | 1 | 1,911€ |
| 207 | Loci Invest03276007 · Construction | <0.1% | 702,349€ | +1.2% | -7,603€ | -1.1% | 17 | 670€ |
| 208 | Tecta Inženjering03211622 · Construction | <0.1% | 687,604€ | -41.9% | 43,977€ | 6.4% | 3 | 2,352€ |
| 209 | GC Construction03486451 · Construction | <0.1% | 683,544€ | -23.0% | 167,625€ | 24.5% | 30 | 539€ |
| 210 | Eurobin03379167 · Construction | <0.1% | 678,708€ | +23.3% | 203,813€ | 30.0% | 5 | 2,005€ |
| 211 | CG Rad02964791 · Construction | <0.1% | 672,609€ | -2.8% | 8,759€ | 1.3% | 7 | 1,912€ |
| 212 | Sunblock Mne03292142 · Construction | <0.1% | 670,935€ | -25.9% | 44,973€ | 6.7% | 2 | 2,376€ |
| 213 | Art Construction03223159 · Construction | <0.1% | 668,341€ | -1.5% | -81,112€ | -12.1% | 5 | 1,519€ |
| 214 | Elektromontaža CG03235858 · Construction | <0.1% | 662,252€ | +272.3% | -73,841€ | -11.1% | 1 | 1,502€ |
| 215 | Izomont M03018393 · Construction | <0.1% | 656,694€ | +2.6% | 97,093€ | 14.8% | 4 | 991€ |
| 216 | Termomont03669572 · Construction | <0.1% | 639,580€ | +20,645.4% | 51,520€ | 8.1% | 1 | 451€ |
| 217 | MG Luxury Management & Propertys03333604 · Construction | <0.1% | 630,456€ | -63.3% | 138,165€ | 21.9% | 3 | 1,273€ |
| 218 | Graal02447223 · Construction | <0.1% | 629,246€ | -28.3% | 14,648€ | 2.3% | 3 | 723€ |
| 219 | Tehnoterm03111695 · Construction | <0.1% | 623,559€ | +64.4% | 39,987€ | 6.4% | 9 | 1,357€ |
| 220 | Vitreum Montenegro02714531 · Construction | <0.1% | 616,582€ | -48.5% | 35,841€ | 5.8% | 14 | 1,622€ |
| 221 | Stem Gradnja03071278 · Construction | <0.1% | 614,645€ | +362.4% | 134,869€ | 21.9% | 1 | — |
| 222 | Sistem Group Construction02749114 · Construction | <0.1% | 614,573€ | -2.4% | -83,818€ | -13.6% | 9 | 746€ |
| 223 | Monolit Enterijer03100529 · Construction | <0.1% | 600,314€ | -7.6% | 3,792€ | 0.6% | 10 | 1,132€ |
| 224 | Yorka Gradnja03638588 · Construction | <0.1% | 592,777€ | +217.3% | 20,140€ | 3.4% | 12 | 2,003€ |
| 225 | Pasa Insaat03569420 · Construction | <0.1% | 591,853€ | +137.5% | -145,590€ | -24.6% | 22 | 838€ |
| 226 | Weber Construction02974894 · Construction | <0.1% | 589,801€ | +6.5% | -27,999€ | -4.7% | 4 | 1,016€ |
| 227 | Akgun Company03616258 · Construction | <0.1% | 587,315€ | +7.2% | 14,130€ | 2.4% | 10 | 1,493€ |
| 228 | Plan Gradnja03069028 · Construction | <0.1% | 582,547€ | +10.5% | 6,802€ | 1.2% | 5 | 2,372€ |
| 229 | Termodom02422204 · Construction | <0.1% | 575,249€ | -25.8% | 29,415€ | 5.1% | 6 | 977€ |
| 230 | Moto Frigo Vujović02632616 · Construction | <0.1% | 574,117€ | -1.8% | 159,935€ | 27.9% | 11 | 750€ |
| 231 | Toškovići02345471 · Construction | <0.1% | 567,361€ | +30.0% | 127,901€ | 22.5% | 5 | 1,181€ |
| 232 | Svemir Plus03420426 · Construction | <0.1% | 565,968€ | +28.6% | 10,228€ | 1.8% | 3 | 1,237€ |
| 233 | Rakom03194256 · Construction | <0.1% | 565,651€ | +44.0% | 6,721€ | 1.2% | 7 | 723€ |
| 234 | 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€ |
| 235 | Romulus Partners03127311 · Construction | <0.1% | 560,251€ | +59.4% | -95,101€ | -17.0% | 5 | 1,440€ |
| 236 | Iron Group03276236 · Construction | <0.1% | 559,265€ | -25.1% | 185,153€ | 33.1% | 4 | 3,548€ |
| 237 | Pro Imel02769808 · Construction | <0.1% | 558,564€ | -69.0% | 12,195€ | 2.2% | 10 | 872€ |
| 238 | MHG Dadi03182525 · Construction | <0.1% | 551,401€ | -65.0% | 46,205€ | 8.4% | 10 | 1,147€ |
| 239 | Menadžer Montenegro02784092 · Construction | <0.1% | 546,236€ | +1.9% | 105,605€ | 19.3% | 1 | 768€ |
| 240 | Presmetal-Line03066916 · Construction | <0.1% | 544,946€ | +54.2% | 17,000€ | 3.1% | 5 | 670€ |
| 241 | Vodo - Mont02668815 · Construction | <0.1% | 543,545€ | +11.2% | 141,104€ | 26.0% | 13 | 842€ |
| 242 | Nivon02656477 · Construction | <0.1% | 542,916€ | -30.6% | 65,389€ | 12.0% | 8 | 955€ |
| 243 | Gomax03325849 · Construction | <0.1% | 535,707€ | -70.0% | 92,833€ | 17.3% | 3 | 1,109€ |
| 244 | Star Gradnja03432149 · Construction | <0.1% | 532,497€ | +38.3% | 11,417€ | 2.1% | 18 | 446€ |
| 245 | R Invest03169928 · Construction | <0.1% | 531,979€ | +245.5% | -17,287€ | -3.2% | 2 | 798€ |
| 246 | Acton02896257 · Construction | <0.1% | 529,715€ | -95.3% | 139,334€ | 26.3% | 9 | 1,560€ |
| 247 | Hidro-Invest03105555 · Construction | <0.1% | 528,521€ | +43.9% | 20,385€ | 3.9% | 12 | 1,387€ |
| 248 | Sigma Delta Investments02646765 · Construction | <0.1% | 526,605€ | +7.8% | 251,277€ | 47.7% | 1 | 1,493€ |
| 249 | SN Wall03574261 · Construction | <0.1% | 525,972€ | +55.6% | 12,575€ | 2.4% | 5 | 2,638€ |
| 250 | Vektor-Integra03116751 · Construction | <0.1% | 514,026€ | +1,025.3% | 47,677€ | 9.3% | 3 | 1,045€ |