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 139
* 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 | Aldi02457873 · Manufacturing | 1.8% | 2,142,605€ | +5.0% | 2,282€ | 0.1% | 24 | 772€ |
| 2 | Wahels02638622 · Manufacturing | 1.8% | 2,142,123€ | +27.7% | 36,848€ | 1.7% | 14 | 775€ |
| 3 | Hodesa03138542 · Manufacturing | 1.4% | 1,616,526€ | +33.9% | 110,190€ | 6.8% | 12 | 1,129€ |
| 4 | Sloga02044927 · Manufacturing | 1.3% | 1,534,877€ | -7.8% | 34,957€ | 2.3% | 14 | 2,011€ |
| 5 | Timber King Montenegro03077381 · Manufacturing | 1.1% | 1,276,548€ | -12.9% | 37,405€ | 2.9% | 43 | 697€ |
| 6 | Immes03250580 · Manufacturing | 0.9% | 1,033,390€ | +107.1% | 36,956€ | 3.6% | 5 | 1,024€ |
| 7 | Kamenuša03195694 · Manufacturing | 0.8% | 961,601€ | +2.4% | 5,099€ | 0.5% | 30 | 447€ |
| 8 | Šekom02440202 · Manufacturing | 0.8% | 901,266€ | -3.7% | 57,456€ | 6.4% | 34 | 722€ |
| 9 | Imgradina03006107 · Manufacturing | 0.6% | 726,723€ | -27.2% | -48,734€ | -6.7% | 2 | 496€ |
| 10 | Bralić Company02381362 · Manufacturing | 0.6% | 669,218€ | -16.5% | 7,505€ | 1.1% | 17 | 799€ |
| 11 | Zorotrade02704757 · Manufacturing | 0.5% | 645,142€ | +55.8% | 4,381€ | 0.7% | 18 | 999€ |
| 12 | Trans Comerc Ii02695111 · Manufacturing | 0.5% | 598,736€ | +71.3% | 3,399€ | 0.6% | 1 | 676€ |
| 13 | Delta - Comerc02390027 · Manufacturing | 0.5% | 547,061€ | +75.3% | -44,709€ | -8.2% | 26 | 962€ |
| 14 | Dobitak02461056 · Manufacturing | 0.5% | 545,310€ | +10.9% | 42,849€ | 7.9% | 13 | 607€ |
| 15 | 4 D03545946 · Manufacturing | 0.4% | 473,614€ | +67.9% | 39,169€ | 8.3% | 4 | 911€ |
| 16 | Jela - Komerc02433826 · Manufacturing | 0.4% | 460,159€ | +81.4% | -9,309€ | -2.0% | 10 | 880€ |
| 17 | H - Domus03122875 · Manufacturing | 0.4% | 458,379€ | -4.2% | 14,268€ | 3.1% | 9 | 1,059€ |
| 18 | Creative02733544 · Manufacturing | 0.3% | 414,182€ | +2.6% | 44,828€ | 10.8% | 9 | 956€ |
| 19 | Elvis Comerc02421062 · Manufacturing | 0.3% | 392,337€ | +136.2% | 50,369€ | 12.8% | 17 | 865€ |
| 20 | Ims Gradina03102505 · Manufacturing | 0.3% | 382,758€ | -20.6% | 7,605€ | 2.0% | 3 | 678€ |
| 21 | Drvoland03280870 · Manufacturing | 0.3% | 346,659€ | +100.0% | 32,415€ | 9.4% | 8 | 712€ |
| 22 | Prizma Mont02417537 · Manufacturing | 0.3% | 331,766€ | +4.0% | 1,674€ | 0.5% | 12 | 803€ |
| 23 | BN Ledinak02404443 · Manufacturing | 0.3% | 297,100€ | +234.6% | 96,898€ | 32.6% | 5 | 1,523€ |
| 24 | El-Promm i02882507 · Manufacturing | 0.2% | 250,050€ | +43.9% | 2,957€ | 1.2% | 12 | 1,130€ |
| 25 | Arnes02866684 · Manufacturing | 0.2% | 241,904€ | -13.8% | 26,618€ | 11.0% | 7 | 721€ |
| 26 | Bekan-Trade03315118 · Manufacturing | 0.2% | 214,625€ | -8.3% | 613€ | 0.3% | 5 | 849€ |
| 27 | Alba Komerc03094146 · Manufacturing | 0.2% | 209,983€ | -5.0% | 4,910€ | 2.3% | 4 | 621€ |
| 28 | Rez Kop Kalače03238172 · Manufacturing | 0.2% | 206,449€ | +26.6% | 13,594€ | 6.6% | 3 | — |
| 29 | Zlatni KRŠ02422808 · Manufacturing | 0.2% | 197,960€ | -29.6% | 6,012€ | 3.0% | 10 | 945€ |
| 30 | Hasko Company02457784 · Manufacturing | 0.2% | 191,426€ | +45.2% | -21,922€ | -11.5% | 6 | 772€ |
| 31 | San - Hot03140890 · Manufacturing | 0.1% | 171,429€ | -10.5% | -818€ | -0.5% | 7 | 1,099€ |
| 32 | Montenik Company02935023 · Manufacturing | 0.1% | 161,660€ | -31.2% | 16,129€ | 10.0% | 5 | 686€ |
| 33 | Zekić Trade03424995 · Manufacturing | 0.1% | 159,293€ | +17.5% | 9,090€ | 5.7% | 3 | 676€ |
| 34 | Bio-Teo Centar03303632 · Manufacturing | 0.1% | 154,778€ | +102.6% | 34,499€ | 22.3% | 1 | 1,034€ |
| 35 | Nursal Com03090639 · Manufacturing | 0.1% | 151,027€ | +0.7% | -31,140€ | -20.6% | 9 | 907€ |
| 36 | Dženo02637367 · Manufacturing | 0.1% | 147,379€ | +8.7% | 804€ | 0.5% | 6 | 719€ |
| 37 | Šara-S03509443 · Manufacturing | 0.1% | 139,016€ | +10.9% | -5,543€ | -4.0% | 4 | 873€ |
| 38 | Brojni Laz02461676 · Manufacturing | 0.1% | 123,403€ | +27.1% | 683€ | 0.6% | 6 | 571€ |
| 39 | Ekobrvnare Company03354555 · Manufacturing | 0.1% | 120,955€ | +64.9% | -22,241€ | -18.4% | 5 | 953€ |
| 40 | Nova Evropa02783924 · Manufacturing | 0.1% | 119,691€ | -9.3% | 6,794€ | 5.7% | 6 | 619€ |
| 41 | M&B&F Company02707896 · Manufacturing | <0.1% | 115,552€ | +38.7% | 1,740€ | 1.5% | 5 | 703€ |
| 42 | MI&ER02744465 · Manufacturing | <0.1% | 112,776€ | +12.4% | 1,823€ | 1.6% | 3 | 1,037€ |
| 43 | Paštrik - T&DŽ03129047 · Manufacturing | <0.1% | 112,526€ | -4.9% | 2,551€ | 2.3% | 6 | 451€ |
| 44 | Enko Com02700697 · Manufacturing | <0.1% | 99,229€ | +25.0% | -463€ | -0.5% | 6 | 1,083€ |
| 45 | Orex03174000 · Manufacturing | <0.1% | 99,102€ | -17.5% | -12,111€ | -12.2% | 7 | 462€ |
| 46 | Pekara Kod Tafa03629392 · Manufacturing | <0.1% | 98,478€ | +86.2% | 8,125€ | 8.3% | 7 | — |
| 47 | Royal Plast03634752 · Manufacturing | <0.1% | 89,869€ | +93.9% | 7,851€ | 8.7% | 4 | 591€ |
| 48 | Azracom02238870 · Manufacturing | <0.1% | 87,159€ | +64.4% | 3,926€ | 4.5% | 11 | 474€ |
| 49 | Enel Group02910276 · Manufacturing | <0.1% | 83,749€ | -18.1% | 1,361€ | 1.6% | 2 | 572€ |
| 50 | Ajša02787644 · Manufacturing | <0.1% | 82,995€ | -41.7% | 479€ | 0.6% | 5 | 547€ |