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 1–50 of 52
* 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* |
|---|
| 1 | Ak-Invest03410692 · Construction | 0.7% | 857,924€ | +30.1% | 242,534€ | 28.3% | 1 | 1,358€ |
| 2 | Gradnja Lux Mne03379817 · Construction | 0.4% | 437,351€ | +733.8% | 40,781€ | 9.3% | 7 | 572€ |
| 3 | Nurkan03298388 · Construction | 0.3% | 335,133€ | +94.1% | 52,166€ | 15.6% | 5 | 995€ |
| 4 | MH Gradnja03201198 · Construction | 0.2% | 269,766€ | -47.2% | 31,069€ | 11.5% | 12 | — |
| 5 | Ims-Podovi03493695 · Construction | 0.2% | 238,202€ | +75.3% | 28,203€ | 11.8% | 1 | 1,084€ |
| 6 | Redžić Company03590801 · Construction | 0.2% | 191,925€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 140,416€ | 73.2% | 1 | — |
| 7 | Hot Company02396106 · Construction | 0.2% | 183,048€ | +98.2% | 12,470€ | 6.8% | 6 | 1,305€ |
| 8 | Ado-Company02688000 · Construction | <0.1% | 108,185€ | +81.2% | -14,156€ | -13.1% | 1 | 2,131€ |
| 9 | Ell-Mont02667380 · Construction | <0.1% | 60,505€ | +28.4% | 7,261€ | 12.0% | 1 | 674€ |
| 10 | Balkan Keramika02628775 · Construction | <0.1% | 54,230€ | +142.4% | -10,026€ | -18.5% | 2 | 1,035€ |
| 11 | Ha-En Group03635376 · Construction | <0.1% | 52,393€ | +396.6% | 7,534€ | 14.4% | 1 | 1,577€ |
| 12 | Braća Dacić Cop02922495 · Construction | <0.1% | 46,600€ | -36.9% | -34,016€ | -73.0% | 2 | 612€ |
| 13 | Nur-Invest03280420 · Construction | <0.1% | 46,212€ | -17.8% | 5,436€ | 11.8% | 3 | 1,127€ |
| 14 | Benjo Gradnja03701492 · Construction | <0.1% | 43,538€ | +1,512.5% | 3,496€ | 8.0% | 2 | 1,625€ |
| 15 | Ayyana03611540 · Construction | <0.1% | 38,629€ | +8.3% | 746€ | 1.9% | 1 | 2,133€ |
| 16 | DKD Gradnja03705340 · Construction | <0.1% | 30,745€ | +4,659.3% | 6,021€ | 19.6% | 1 | 1,192€ |
| 17 | Mma-Cop03679985 · Construction | <0.1% | 28,596€ | +481.2% | 5,371€ | 18.8% | 2 | 855€ |
| 18 | Ikan02965437 · Construction | <0.1% | 28,456€ | -93.2% | -128,664€ | -452.2% | 1 | 785€ |
| 19 | Mne Construction03725294 · Construction | <0.1% | 27,635€ | No filing for 2024. | -9,237€ | -33.4% | 2 | 699€ |
| 20 | Karim Bau03597687 · Construction | <0.1% | 20,857€ | -17.4% | -17,126€ | -82.1% | 1 | 3,131€ |
| 21 | Sado Lak03611027 · Construction | <0.1% | 18,940€ | +134.8% | 486€ | 2.6% | 2 | 633€ |
| 22 | Aqua DHD03743985 · Construction | <0.1% | 18,530€ | No filing for 2024. | -2,062€ | -11.1% | 1 | 1,711€ |
| 23 | Biko03242277 · Construction | <0.1% | 13,736€ | -32.9% | -219€ | -1.6% | 1 | 989€ |
| 24 | Ključ u Ruke-Salih03361578 · Construction | <0.1% | 13,329€ | -64.8% | -11,423€ | -85.7% | 1 | 1,523€ |
| 25 | Engineering - Team03754090 · Construction | <0.1% | 10,758€ | No filing for 2024. | -1,788€ | -16.6% | 1 | 696€ |
| 26 | RM-Svetlost03302822 · Construction | <0.1% | 9,821€ | -56.0% | -8,571€ | -87.3% | 1 | 1,527€ |
| 27 | Mona Gradnja03768775 · Construction | <0.1% | 9,500€ | No filing for 2024. | -4,031€ | -42.4% | 1 | 1,126€ |
| 28 | Fasade&Gips03541860 · Construction | <0.1% | 9,120€ | +6.5% | 796€ | 8.7% | 2 | — |
| 29 | Profes Group03768457 · Construction | <0.1% | 8,730€ | No filing for 2024. | -47€ | -0.5% | 1 | — |
| 30 | Protherm03737365 · Construction | <0.1% | 8,500€ | No filing for 2024. | 317€ | 3.7% | 0 | — |
| 31 | Roća03745635 · Construction | <0.1% | 5,177€ | No filing for 2024. | -20,303€ | -392.2% | 1 | 1,931€ |
| 32 | Izrada Krovova Baki03796701 · Construction | <0.1% | 2,500€ | No filing for 2024. | 11€ | 0.4% | 1 | — |
| 33 | Montenegro Solucion Union03798534 · Construction | <0.1% | 2,500€ | No filing for 2024. | -1,570€ | -62.8% | 1 | — |
| 34 | Adoo03795489 · Construction | <0.1% | 1,450€ | No filing for 2024. | -2,268€ | -156.4% | 2 | — |
| 35 | Dekor Hot03756637 · Construction | 0.0% | 0€ | No filing for 2024. | -5,158€ | — | 0 | — |
| 36 | Demk Group03704190 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,732€ | — | 1 | — |
| 37 | Adra Construction03214338 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 38 | Contec Invest03738965 · Construction | 0.0% | 0€ | No filing for 2024. | -6,751€ | — | 1 | 563€ |
| 39 | Dautović-Gradnja03325199 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 40 | Ic Bau03734188 · Construction | 0.0% | 0€ | No filing for 2024. | -12,534€ | — | 2 | 522€ |
| 41 | Monte Engineering03218210 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,119€ | — | — | — |
| 42 | Nekama03102416 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 43 | Northpeak Group03809447 · Construction | 0.0% | 0€ | No filing for 2024. | -174€ | — | 1 | — |
| 44 | Ons Prime03666557 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 45 | Ves-Invest03664244 · Construction | 0.0% | 0€ | No filing for 2024. | -8,260€ | — | 1 | 536€ |
| 46 | Ramović HNH03369048 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 47 | Haila03687635 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 48 | Klima-Grejanje02702355 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,055€ | — | 1 | 338€ |
| 49 | MH Bau03806421 · Construction | 0.0% | 0€ | No filing for 2024. | -771€ | — | 1 | — |
| 50 | Monte Bau Inžinjering02639335 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |