Revenue
0.7% of Montenegro's revenue
584 companies earned 118.76m€ in 2025, 0.7% of all company revenue in Montenegro. It ranks 16 of 25 municipalities by revenue. Revenue has grown 3.1× since 2015.
0.7% of Montenegro's revenue
25.2 per 1,000 residents · Montenegro 57.3
Largest employer: Komunalno (81)
Total profit: 5.28m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 38,552,128€ | 287 |
| 2016 | 42,309,475€ | 311 |
| 2017 | 47,646,599€ | 336 |
| 2018 | 53,760,054€ | 364 |
| 2019 | 62,602,097€ | 388 |
| 2020 | 62,047,287€ | 433 |
| 2021 | 71,865,795€ | 468 |
| 2022 | 90,662,053€ | 491 |
| 2023 | 98,498,899€ | 537 |
| 2024 | 105,762,314€ | 595 |
| 2025 (Preliminary) | 118,760,581€ | 584 |
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 584
* 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 | Dubrava02421003 · Trade | <0.1% | 52,850€ | -4.6% | -5,307€ | -10.0% | 1 | 670€ |
| 202 | Ha-En Group03635376 · Construction | <0.1% | 52,393€ | +396.6% | 7,534€ | 14.4% | 1 | 1,577€ |
| 203 | Science-Ict02708655 · Education | <0.1% | 52,287€ | -0.2% | -12,123€ | -23.2% | 2 | 2,381€ |
| 204 | Beodent-Bulatović02698188 · Health & social care | <0.1% | 52,239€ | -8.2% | 714€ | 1.4% | 2 | 1,238€ |
| 205 | Casio02917050 · Trade | <0.1% | 52,108€ | -3.6% | -2,537€ | -4.9% | 4 | 1,113€ |
| 206 | Bam Šped03657485 · Transport & logistics | <0.1% | 49,773€ | +270.6% | -15,074€ | -30.3% | 3 | 1,120€ |
| 207 | Rožajska Sofra03754596 · Manufacturing | <0.1% | 49,734€ | No filing for 2024. | -9,920€ | -19.9% | 7 | 317€ |
| 208 | 23 Avgust02382440 · Agriculture | <0.1% | 48,919€ | +26.3% | 1,386€ | 2.8% | 3 | 1,282€ |
| 209 | Bi - Dent03112691 · Health & social care | <0.1% | 47,383€ | -12.9% | -4,422€ | -9.3% | 4 | 909€ |
| 210 | Hesa03341143 · Transport & logistics | <0.1% | 46,946€ | -35.6% | -13,739€ | -29.3% | 2 | 1,735€ |
| 211 | E.Nour Architecture03590852 · Professional services | <0.1% | 46,817€ | +3.0% | 20,374€ | 43.5% | 1 | 925€ |
| 212 | Braća Dacić Cop02922495 · Construction | <0.1% | 46,600€ | -36.9% | -34,016€ | -73.0% | 2 | 612€ |
| 213 | Nur-Invest03280420 · Construction | <0.1% | 46,212€ | -17.8% | 5,436€ | 11.8% | 3 | 1,127€ |
| 214 | Groting02279037 · Trade | <0.1% | 45,931€ | -8.1% | 1,203€ | 2.6% | 1 | 674€ |
| 215 | Luko Montenegro03028313 · Trade | <0.1% | 45,909€ | +11.2% | -5,701€ | -12.4% | 2 | 791€ |
| 216 | Barileva - Turist02215616 · Transport & logistics | <0.1% | 45,690€ | -5.9% | -2,611€ | -5.7% | 4 | 632€ |
| 217 | MS - Luke02986361 · Transport & logistics | <0.1% | 45,064€ | -35.4% | -33,608€ | -74.6% | 5 | 740€ |
| 218 | Agencija za Njegu i Pomoć u Kući03737217 · Personal services | <0.1% | 44,933€ | No filing for 2024. | 1,479€ | 3.3% | 5 | 684€ |
| 219 | Eka-Lux03630846 · Manufacturing | <0.1% | 44,711€ | +11.2% | 6,317€ | 14.1% | 2 | 1,195€ |
| 220 | Elektro-HM02864401 · Trade | <0.1% | 44,461€ | -4.5% | -3,826€ | -8.6% | 2 | 674€ |
| 221 | Halilović-Dental02698218 · Health & social care | <0.1% | 44,342€ | -2.5% | 422€ | 1.0% | 3 | 819€ |
| 222 | Enel02082748 · Trade | <0.1% | 44,274€ | +59.6% | -25,803€ | -58.3% | 1 | 923€ |
| 223 | Benjo Gradnja03701492 · Construction | <0.1% | 43,538€ | +1,512.5% | 3,496€ | 8.0% | 2 | 1,625€ |
| 224 | Brvnare Bor03742466 · Manufacturing | <0.1% | 42,892€ | No filing for 2024. | -6,346€ | -14.8% | 2 | 467€ |
| 225 | Aka Hot03679217 · Trade | <0.1% | 42,459€ | +228.2% | -12,089€ | -28.5% | 2 | 2,178€ |
| 226 | Aqualink03702189 · Professional services | <0.1% | 42,307€ | +613.3% | 10,110€ | 23.9% | 3 | 889€ |
| 227 | Dendro Group03555216 · Manufacturing | <0.1% | 42,240€ | +21.1% | -7,363€ | -17.4% | 2 | 1,032€ |
| 228 | H&M Boutique Montenegro03698327 · Trade | <0.1% | 42,237€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 12,428€ | 29.4% | 1 | 675€ |
| 229 | Meki-Com03373789 · Administrative services | <0.1% | 42,116€ | +8,323.2% | -25,114€ | -59.6% | 5 | 1,118€ |
| 230 | Studio NR03688321 · Manufacturing | <0.1% | 41,890€ | +584.4% | 10,409€ | 24.8% | 2 | 755€ |
| 231 | Sterilite Steel World03656403 · Manufacturing | <0.1% | 41,847€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,426€ | -3.4% | 1 | 619€ |
| 232 | Namienso03697983 · Professional services | <0.1% | 41,778€ | +608.1% | 7,767€ | 18.6% | 2 | 1,299€ |
| 233 | Allegro Tours03023770 · Transport & logistics | <0.1% | 41,763€ | +0.6% | 2,208€ | 5.3% | 1 | 1,670€ |
| 234 | Selen02462591 · Manufacturing | <0.1% | 41,546€ | +29.6% | 7,947€ | 19.1% | 1 | 625€ |
| 235 | S&N Dacić03478670 · Trade | <0.1% | 41,378€ | -28.6% | -16,433€ | -39.7% | 2 | 906€ |
| 236 | Drvorez Company03331024 · Manufacturing | <0.1% | 40,525€ | -42.0% | -13,397€ | -33.1% | 3 | 893€ |
| 237 | Viodent-Dacić02698196 · Health & social care | <0.1% | 39,604€ | +23.6% | 5,539€ | 14.0% | 2 | 1,136€ |
| 238 | Pekara Kod Tiganja03278484 · Manufacturing | <0.1% | 38,977€ | +6.0% | -8,727€ | -22.4% | 3 | 805€ |
| 239 | Hediim02695715 · Trade | <0.1% | 38,842€ | -72.4% | -24,561€ | -63.2% | 3 | 838€ |
| 240 | Ayyana03611540 · Construction | <0.1% | 38,629€ | +8.3% | 746€ | 1.9% | 1 | 2,133€ |
| 241 | Fikro - Tours Mne03216519 · Transport & logistics | <0.1% | 38,546€ | -24.3% | 17,840€ | 46.3% | 1 | 337€ |
| 242 | Modeko03396657 · Manufacturing | <0.1% | 38,133€ | +1.5% | 229€ | 0.6% | 1 | 675€ |
| 243 | Omer Šped03477398 · Transport & logistics | <0.1% | 37,328€ | -1.0% | -186€ | -0.5% | 1 | 1,229€ |
| 244 | Suada Atlass02420589 · Transport & logistics | <0.1% | 36,463€ | +26.9% | 683€ | 1.9% | 3 | 756€ |
| 245 | Drvo Montaža02773201 · Manufacturing | <0.1% | 35,905€ | -18.0% | -16,732€ | -46.6% | 2 | 846€ |
| 246 | Em Office03591077 · Professional services | <0.1% | 35,189€ | +6.1% | 5,090€ | 14.5% | 3 | 814€ |
| 247 | Subabe02209462 · Manufacturing | <0.1% | 34,753€ | -8.9% | -17,312€ | -49.8% | 2 | 1,906€ |
| 248 | Xu - Hui02742527 · Trade | <0.1% | 34,329€ | +3.1% | -14,819€ | -43.2% | 4 | 722€ |
| 249 | Cipko03336115 · Trade | <0.1% | 33,934€ | +176.5% | 9,146€ | 27.0% | 1 | 1,537€ |
| 250 | Samed Trans03185753 · Transport & logistics | <0.1% | 33,197€ | +1.3% | 1,930€ | 5.8% | 2 | 677€ |