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 401–450 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* |
|---|
| 401 | Maxel Company03101231 · Manufacturing | <0.1% | 34,758€ | +880.5% | 413€ | 1.2% | 2 | 965€ |
| 402 | Limi&Pek03681505 · Manufacturing | <0.1% | 34,250€ | +1,612.5% | 1,343€ | 3.9% | 5 | — |
| 403 | Schedri Kum03631133 · Manufacturing | <0.1% | 33,814€ | +243.9% | -19,018€ | -56.2% | 3 | 766€ |
| 404 | MV Milena Vujačić Atelier03076601 · Manufacturing | <0.1% | 32,310€ | +38.7% | -5,290€ | -16.4% | 2 | 1,356€ |
| 405 | C C D 070903173429 · Manufacturing | <0.1% | 31,933€ | +2.1% | 3,498€ | 11.0% | 1 | 838€ |
| 406 | Buki Moto03552632 · Manufacturing | <0.1% | 31,717€ | +56.2% | 1,673€ | 5.3% | 2 | 677€ |
| 407 | Print Point03637077 · Manufacturing | <0.1% | 31,452€ | -24.6% | 871€ | 2.8% | 2 | 479€ |
| 408 | Vinarija Mašanović03643484 · Manufacturing | <0.1% | 30,652€ | +109.0% | 13,008€ | 42.4% | 1 | 678€ |
| 409 | Mathaus03582400 · Manufacturing | <0.1% | 30,537€ | -3.6% | 737€ | 2.4% | 1 | 678€ |
| 410 | Majan Enterijeri03515150 · Manufacturing | <0.1% | 30,393€ | +13,114.3% | 7,083€ | 23.3% | 1 | 800€ |
| 411 | Master Ent03249166 · Manufacturing | <0.1% | 30,311€ | +165.0% | 3,538€ | 11.7% | 1 | 1,037€ |
| 412 | Mig Welding Company03634540 · Manufacturing | <0.1% | 30,007€ | -11.0% | 208€ | 0.7% | 1 | 771€ |
| 413 | DM Kristal03035034 · Manufacturing | <0.1% | 29,968€ | +5.5% | 2,031€ | 6.8% | 1 | 945€ |
| 414 | Iliko Kom03638669 · Manufacturing | <0.1% | 29,800€ | +135.0% | 8,474€ | 28.4% | 1 | 339€ |
| 415 | Blok BMV03240223 · Manufacturing | <0.1% | 29,692€ | +4.8% | -805€ | -2.7% | 3 | 454€ |
| 416 | Salektro03427064 · Manufacturing | <0.1% | 29,692€ | +30.3% | 7,970€ | 26.8% | 2 | 451€ |
| 417 | Fabricon03649997 · Manufacturing | <0.1% | 29,678€ | +110.5% | -1,989€ | -6.7% | 1 | 740€ |
| 418 | Bijeli Brijeg02979306 · Manufacturing | <0.1% | 29,594€ | +262.1% | -46,190€ | -156.1% | 3 | 779€ |
| 419 | Alujokić03262707 · Manufacturing | <0.1% | 29,172€ | +3.8% | 1,830€ | 6.3% | 2 | 564€ |
| 420 | Škrinja Design03727785 · Manufacturing | <0.1% | 29,115€ | No filing for 2024. | 962€ | 3.3% | 1 | 855€ |
| 421 | Woodstile03297454 · Manufacturing | <0.1% | 28,955€ | -24.4% | -4,670€ | -16.1% | 1 | 342€ |
| 422 | BSC Servis02731045 · Manufacturing | <0.1% | 28,901€ | -9.1% | -7,629€ | -26.4% | 2 | 674€ |
| 423 | Kolor Print03239535 · Manufacturing | <0.1% | 28,823€ | -2.2% | 5,162€ | 17.9% | 1 | 900€ |
| 424 | Ap Holding03091597 · Manufacturing | <0.1% | 28,552€ | +166.2% | 6,100€ | 21.4% | 1 | 426€ |
| 425 | Stela - Plus03062597 · Manufacturing | <0.1% | 27,915€ | +43.2% | -1,571€ | -5.6% | 2 | 652€ |
| 426 | DR Print03331571 · Manufacturing | <0.1% | 27,910€ | +48.3% | 13,559€ | 48.6% | 1 | 978€ |
| 427 | Merdžo Company03489078 · Manufacturing | <0.1% | 27,770€ | -4.1% | -1,992€ | -7.2% | 3 | 565€ |
| 428 | Juice Factory03253422 · Manufacturing | <0.1% | 27,107€ | No filing for 2024. | -2,320€ | -8.6% | 1 | 339€ |
| 429 | Printex03432289 · Manufacturing | <0.1% | 26,939€ | -12.8% | -3,642€ | -13.5% | 1 | 372€ |
| 430 | Miyel Atelier03646360 · Manufacturing | <0.1% | 26,884€ | -45.6% | -10,309€ | -38.3% | 2 | 712€ |
| 431 | Eurokov03159477 · Manufacturing | <0.1% | 26,865€ | +275.7% | 8,660€ | 32.2% | 1 | 677€ |
| 432 | Ed Vanila03077284 · Manufacturing | <0.1% | 26,744€ | -5.9% | -3,713€ | -13.9% | 2 | 626€ |
| 433 | Pogranec03446654 · Manufacturing | <0.1% | 26,500€ | +103.1% | 6,272€ | 23.7% | 1 | 770€ |
| 434 | M.B. Metal03609286 · Manufacturing | <0.1% | 26,122€ | -24.2% | 5,031€ | 19.3% | 1 | — |
| 435 | Teethograd03479102 · Manufacturing | <0.1% | 25,990€ | +83.6% | 567€ | 2.2% | 3 | 661€ |
| 436 | Pčelar03119700 · Manufacturing | <0.1% | 25,481€ | +40.1% | 4,665€ | 18.3% | 1 | — |
| 437 | Adeep Design03612724 · Manufacturing | <0.1% | 25,444€ | +104.1% | 3,152€ | 12.4% | 1 | 994€ |
| 438 | TTN Inženjering02765705 · Manufacturing | <0.1% | 25,309€ | -32.9% | 3,339€ | 13.2% | 1 | 871€ |
| 439 | Mala Firma03610241 · Manufacturing | <0.1% | 24,608€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,065€ | -20.6% | 2 | 421€ |
| 440 | Stone02789736 · Manufacturing | <0.1% | 24,464€ | -20.0% | -18,649€ | -76.2% | 1 | 678€ |
| 441 | Kaizen One03291472 · Manufacturing | <0.1% | 24,384€ | +1.3% | -19,819€ | -81.3% | 2 | 937€ |
| 442 | Tehnoalat02245094 · Manufacturing | <0.1% | 24,207€ | +2.8% | 5,383€ | 22.2% | 1 | 735€ |
| 443 | Dams - Komerc02108267 · Manufacturing | <0.1% | 23,841€ | -58.4% | -8,055€ | -33.8% | 1 | 951€ |
| 444 | Brnović Wooden Boats03434320 · Manufacturing | <0.1% | 23,506€ | -22.7% | 1,600€ | 6.8% | 1 | 333€ |
| 445 | Eurosistem03533565 · Manufacturing | <0.1% | 23,444€ | +5.0% | 1,552€ | 6.6% | 1 | 931€ |
| 446 | Zlatara Agović03570436 · Manufacturing | <0.1% | 23,378€ | -2.6% | -8,887€ | -38.0% | 3 | 458€ |
| 447 | Fruway03512851 · Manufacturing | <0.1% | 23,370€ | -37.9% | -9,637€ | -41.2% | 1 | — |
| 448 | Julius Shop03432173 · Manufacturing | <0.1% | 23,272€ | +10.9% | 395€ | 1.7% | 2 | 834€ |
| 449 | Retail Top PC03240835 · Manufacturing | <0.1% | 23,081€ | -10.5% | -882€ | -3.8% | 1 | 689€ |
| 450 | Elektro Servis Remont03352838 · Manufacturing | <0.1% | 22,450€ | +91.1% | 5,377€ | 24.0% | 1 | 677€ |