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 2801–2850 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* |
|---|
| 2801 | Pekara Zagorič03344436 · Manufacturing | <0.1% | 210,075€ | -3.6% | 8,201€ | 3.9% | 10 | 310€ |
| 2802 | Grafomatex02340194 · Professional services | <0.1% | 209,877€ | +3.2% | 22,122€ | 10.5% | 3 | 892€ |
| 2803 | Pilitorium03658961 · Construction | <0.1% | 209,547€ | +564.5% | 40,406€ | 19.3% | 5 | 809€ |
| 2804 | Ekupi CG02858177 · Trade | <0.1% | 209,313€ | -56.9% | -94,936€ | -45.4% | 5 | 1,295€ |
| 2805 | Ražnatović02015501 · Trade | <0.1% | 209,138€ | +0.7% | -17,357€ | -8.3% | 6 | 1,054€ |
| 2806 | Geotecx Construction03670201 · Construction | <0.1% | 208,833€ | +209.3% | 12,167€ | 5.8% | 3 | 620€ |
| 2807 | HLB Mont Audit02694697 · Professional services | <0.1% | 208,626€ | +76.0% | 22,964€ | 11.0% | 4 | 2,494€ |
| 2808 | Denn03122379 · Trade | <0.1% | 208,415€ | -52.9% | 59,529€ | 28.6% | 4 | 360€ |
| 2809 | Jasi Commerce02087715 · Trade | <0.1% | 208,415€ | +18.2% | 4,529€ | 2.2% | 3 | 614€ |
| 2810 | Kašmir Home03641961 · Trade | <0.1% | 208,401€ | +327.4% | 2,166€ | 1.0% | 2 | 1,225€ |
| 2811 | Prysmian Powerlink S.R.L02920794 · Construction | <0.1% | 208,393€ | +20,839,200.0% | 82,009€ | 39.4% | 0 | — |
| 2812 | Geopromet02445565 · Professional services | <0.1% | 208,364€ | +6.4% | 31,139€ | 14.9% | 8 | 883€ |
| 2813 | Ingenious Solution03312089 · Manufacturing | <0.1% | 208,231€ | -9.0% | 21,547€ | 10.3% | 5 | 836€ |
| 2814 | Ranch Trade03457613 · Trade | <0.1% | 208,219€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 47,160€ | 22.6% | 1 | 1,993€ |
| 2815 | Cpa02837714 · Technology | <0.1% | 208,082€ | -13.0% | 4,777€ | 2.3% | 2 | 1,406€ |
| 2816 | CWP Mne03532046 · Professional services | <0.1% | 208,065€ | +6.8% | 1,682€ | 0.8% | 3 | 3,292€ |
| 2817 | Tir - Ke02647419 · Transport & logistics | <0.1% | 208,057€ | -26.4% | 24,913€ | 12.0% | 3 | 1,088€ |
| 2818 | Zej Company02211742 · Trade | <0.1% | 207,984€ | +11.4% | -1,733€ | -0.8% | 2 | 621€ |
| 2819 | Fervente02290529 · Trade | <0.1% | 207,910€ | +41.8% | 9,661€ | 4.6% | 5 | 616€ |
| 2820 | Altech03255441 · Technology | <0.1% | 207,652€ | -9.7% | -18,788€ | -9.0% | 7 | 906€ |
| 2821 | Immortelle03602354 · Trade | <0.1% | 207,265€ | -11.0% | 20,364€ | 9.8% | 4 | 662€ |
| 2822 | Jasmina Home03363872 · Trade | <0.1% | 207,071€ | +12.3% | 23,921€ | 11.6% | 3 | 674€ |
| 2823 | Foldana Debt Collection Crna Gora03229769 · Professional services | <0.1% | 207,037€ | +48.6% | 8,769€ | 4.2% | 7 | 861€ |
| 2824 | S&T Đurović03633039 · Trade | <0.1% | 206,862€ | +106.6% | 2,426€ | 1.2% | 3 | 653€ |
| 2825 | Payspot Me03527611 · Finance & insurance | <0.1% | 206,741€ | +872.0% | -281,000€ | -135.9% | 9 | 2,019€ |
| 2826 | Stomatološka Komora Crne Gore - Podgorica03132595 · Public & nonprofit | <0.1% | 206,733€ | +21.4% | -49,915€ | -24.1% | 2 | 3,378€ |
| 2827 | Duomatic03538532 · Construction | <0.1% | 206,612€ | +43.7% | 25,171€ | 12.2% | 2 | 1,911€ |
| 2828 | Ist Construction03423549 · Professional services | <0.1% | 206,612€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 177,193€ | 85.8% | 1 | 594€ |
| 2829 | E-Fiscal GP03344843 · Technology | <0.1% | 206,226€ | +35.5% | 38,475€ | 18.7% | 1 | 1,608€ |
| 2830 | Ski-Vision03172228 · Trade | <0.1% | 206,202€ | -11.3% | 23,390€ | 11.3% | 4 | 1,008€ |
| 2831 | Boundless Life Montenegro03661563 · Real estate | <0.1% | 206,118€ | -15.8% | -853,148€ | -413.9% | 9 | 2,009€ |
| 2832 | Artermo03149447 · Professional services | <0.1% | 206,088€ | -12.0% | 2,177€ | 1.1% | 7 | 1,767€ |
| 2833 | Deco Mne02715163 · Professional services | <0.1% | 206,079€ | +1,900.6% | 160,563€ | 77.9% | 2 | 807€ |
| 2834 | Ipm02948591 · Hospitality | <0.1% | 205,771€ | +16.3% | 1,574€ | 0.8% | 7 | 892€ |
| 2835 | RDS Stjepčević Company03189368 · Trade | <0.1% | 205,653€ | +33.9% | 56€ | 0.0% | 4 | 990€ |
| 2836 | Guberinić03374793 · Professional services | <0.1% | 205,537€ | +0.7% | 15,098€ | 7.3% | 3 | 1,880€ |
| 2837 | Beohemik Montenegro03105598 · Trade | <0.1% | 205,365€ | -7.6% | -15,957€ | -7.8% | 3 | 956€ |
| 2838 | Thermo Clima03540740 · Trade | <0.1% | 205,033€ | +37.5% | 8,337€ | 4.1% | 3 | 928€ |
| 2839 | Lutovac & Partneri03310965 · Professional services | <0.1% | 204,970€ | -1.8% | 116,231€ | 56.7% | 3 | 1,234€ |
| 2840 | Gratis02232243 · Trade | <0.1% | 204,833€ | +4.2% | 27,872€ | 13.6% | 2 | 1,650€ |
| 2841 | Inter-City Logistics03546403 · Transport & logistics | <0.1% | 204,678€ | +49.2% | 906€ | 0.4% | 4 | 1,571€ |
| 2842 | Designbox02754622 · Manufacturing | <0.1% | 204,654€ | -4.1% | 323€ | 0.2% | 3 | 1,203€ |
| 2843 | Biro M03109992 · Professional services | <0.1% | 204,307€ | +24.1% | 31,013€ | 15.2% | 6 | 1,834€ |
| 2844 | CG Mobile Company03171817 · Trade | <0.1% | 204,290€ | +10.4% | 43,725€ | 21.4% | 10 | 662€ |
| 2845 | Ecar03587045 · Trade | <0.1% | 203,994€ | +10.3% | -65,991€ | -32.3% | 7 | 931€ |
| 2846 | Shuvalov Systems03464652 · Technology | <0.1% | 203,825€ | +57.4% | 146,857€ | 72.1% | 1 | 950€ |
| 2847 | Drinks03149749 · Trade | <0.1% | 203,469€ | +46.1% | -9,033€ | -4.4% | 3 | 675€ |
| 2848 | Babuška03110192 · Hospitality | <0.1% | 203,292€ | +100.0% | 4,525€ | 2.2% | 3 | 1,366€ |
| 2849 | FMM Services03430855 · Administrative services | <0.1% | 202,994€ | +196.9% | 38,558€ | 19.0% | 8 | 954€ |
| 2850 | Ink03044521 · Manufacturing | <0.1% | 202,965€ | +71.6% | -9,764€ | -4.8% | 1 | 467€ |