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 4851–4900 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* |
|---|
| 4851 | Flaer02702860 · Arts & entertainment | <0.1% | 65,491€ | +10.4% | 4,496€ | 6.9% | 3 | 1,032€ |
| 4852 | Itaal03480046 · Manufacturing | <0.1% | 65,468€ | +15.8% | 12,673€ | 19.4% | 1 | 484€ |
| 4853 | Monte River02689421 · Hospitality | <0.1% | 65,452€ | -33.5% | 4,223€ | 6.5% | 5 | 322€ |
| 4854 | Proper Montenegro02713489 · Construction | <0.1% | 65,418€ | -15.2% | -1,444€ | -2.2% | 1 | 929€ |
| 4855 | F.T.H.03371859 · Hospitality | <0.1% | 65,378€ | +35.3% | 10,201€ | 15.6% | 3 | 520€ |
| 4856 | Kontekst Grupa03699714 · Manufacturing | <0.1% | 65,335€ | +3,029.1% | 10,454€ | 16.0% | 2 | 942€ |
| 4857 | Ivastefan Consulting03097838 · Professional services | <0.1% | 65,329€ | +25.5% | -38,258€ | -58.6% | 3 | 680€ |
| 4858 | Master Gate03615693 · Construction | <0.1% | 65,317€ | +1.5% | 7,367€ | 11.3% | 1 | 338€ |
| 4859 | Novosti Pres02329891 · Arts & entertainment | <0.1% | 65,280€ | +3.1% | 4,722€ | 7.2% | 2 | 1,980€ |
| 4860 | Bia-Security-MN-RM03604918 · Administrative services | <0.1% | 65,263€ | +87.8% | 9,806€ | 15.0% | 1 | 452€ |
| 4861 | V & L Petrić Company03298825 · Construction | <0.1% | 65,218€ | +144.5% | 9,141€ | 14.0% | 2 | 807€ |
| 4862 | Mahna Mahna02950456 · Professional services | <0.1% | 65,189€ | -34.1% | -10,360€ | -15.9% | 2 | 1,282€ |
| 4863 | Brajušković03355764 · Manufacturing | <0.1% | 65,173€ | -12.1% | 15,737€ | 24.1% | 2 | 747€ |
| 4864 | Luminous Software03337375 · Hospitality | <0.1% | 65,103€ | +449.0% | -19,367€ | -29.7% | 7 | — |
| 4865 | Raboid03601749 · Technology | <0.1% | 65,065€ | +1,131.1% | 36,526€ | 56.1% | 3 | 515€ |
| 4866 | Stefmat03490831 · Trade | <0.1% | 65,038€ | +107.9% | 19,398€ | 29.8% | 1 | 703€ |
| 4867 | Blu Fiore03371000 · Trade | <0.1% | 65,034€ | +29.4% | 3,292€ | 5.1% | 3 | 699€ |
| 4868 | Adriatic It Hub03429954 · Professional services | <0.1% | 64,968€ | -31.8% | 46,656€ | 71.8% | 1 | 678€ |
| 4869 | Interšip03126633 · Construction | <0.1% | 64,850€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 43,382€ | 66.9% | 1 | 976€ |
| 4870 | Quality Research Business Service03437051 · Professional services | <0.1% | 64,810€ | +485.5% | 39,268€ | 60.6% | 1 | 684€ |
| 4871 | Fortis Pharm03672581 · Trade | <0.1% | 64,796€ | +735.9% | 8,575€ | 13.2% | 2 | 378€ |
| 4872 | Vasiljević Family Co03722228 · Manufacturing | <0.1% | 64,796€ | No filing for 2024. | -532€ | -0.8% | 2 | 609€ |
| 4873 | Bubble Factory Mne03544648 · Trade | <0.1% | 64,755€ | +114.2% | 1,964€ | 3.0% | 3 | 624€ |
| 4874 | Vertex Solutions03741010 · Construction | <0.1% | 64,712€ | No filing for 2024. | -1,509€ | -2.3% | 0 | — |
| 4875 | Adriatic Consulting03754197 · Administrative services | <0.1% | 64,665€ | No filing for 2024. | -3,425€ | -5.3% | 1 | 403€ |
| 4876 | Alpen Pharma02864916 · Trade | <0.1% | 64,557€ | -20.3% | 1,401€ | 2.2% | 2 | 2,042€ |
| 4877 | Datha Ayuryoga International Health Institute02975955 · Personal services | <0.1% | 64,454€ | -44.5% | -31,300€ | -48.6% | 3 | 406€ |
| 4878 | Horeco03762262 · Trade | <0.1% | 64,420€ | No filing for 2024. | -21,224€ | -32.9% | 1 | 2,193€ |
| 4879 | Centar za Ekonomiju i Tehnologiju03781330 · Professional services | <0.1% | 64,411€ | No filing for 2024. | 6,584€ | 10.2% | 2 | 719€ |
| 4880 | M E F02687666 · Professional services | <0.1% | 64,337€ | +12.0% | 4,425€ | 6.9% | 2 | 1,308€ |
| 4881 | Tehno Smart03718174 · Construction | <0.1% | 64,315€ | +1,330.2% | -16,913€ | -26.3% | 1 | 926€ |
| 4882 | Adam Concept03341631 · Trade | <0.1% | 64,222€ | -27.9% | 3,340€ | 5.2% | 1 | 1,197€ |
| 4883 | Planplus02660369 · Professional services | <0.1% | 64,185€ | +48.4% | 12,110€ | 18.9% | 2 | 1,486€ |
| 4884 | Milić S&S02873575 · Manufacturing | <0.1% | 64,104€ | -3.3% | -487€ | -0.8% | 3 | 678€ |
| 4885 | Studio M - Inženjering03307654 · Professional services | <0.1% | 64,020€ | -55.4% | -10,036€ | -15.7% | 2 | 1,488€ |
| 4886 | RP Medical03171370 · Trade | <0.1% | 63,991€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 40,548€ | 63.4% | 1 | — |
| 4887 | Pet Store03574270 · Trade | <0.1% | 63,881€ | +44.0% | -11,689€ | -18.3% | 1 | 2,734€ |
| 4888 | Sisters03374084 · Trade | <0.1% | 63,869€ | -22.3% | -14,448€ | -22.6% | 4 | 691€ |
| 4889 | Bukimont02264161 · Trade | <0.1% | 63,864€ | -20.3% | 2,520€ | 3.9% | 4 | 618€ |
| 4890 | Maps Trade03535584 · Trade | <0.1% | 63,862€ | +26.8% | 3,791€ | 5.9% | 2 | 682€ |
| 4891 | Devem03389464 · Technology | <0.1% | 63,810€ | +319.8% | 1,240€ | 1.9% | 2 | 2,470€ |
| 4892 | V&V Expert03636011 · Professional services | <0.1% | 63,800€ | +51.9% | 10,808€ | 16.9% | 1 | 3,002€ |
| 4893 | Polat Construction03158705 · Construction | <0.1% | 63,674€ | -87.0% | -25,858€ | -40.6% | 2 | 1,111€ |
| 4894 | SB Grafika03695743 · Manufacturing | <0.1% | 63,646€ | +899.5% | 14,120€ | 22.2% | 1 | 1,202€ |
| 4895 | Skyit02901650 · Hospitality | <0.1% | 63,611€ | -35.9% | -9,039€ | -14.2% | 2 | 466€ |
| 4896 | Elhr Company02782812 · Personal services | <0.1% | 63,601€ | +28.5% | 1,506€ | 2.4% | 1 | 5,000€ |
| 4897 | Ivma02137747 · Trade | <0.1% | 63,563€ | +10.7% | 6,038€ | 9.5% | 1 | 444€ |
| 4898 | Job Solutions & Media03638260 · Arts & entertainment | <0.1% | 63,555€ | +954.7% | 17,808€ | 28.0% | 1 | 1,531€ |
| 4899 | Pavi03418014 · Transport & logistics | <0.1% | 63,555€ | +0.9% | 3,312€ | 5.2% | 2 | 1,204€ |
| 4900 | Soltech Engineering03623181 · Professional services | <0.1% | 63,546€ | +1,133.9% | -2,306€ | -3.6% | 1 | 2,508€ |