Revenue
1.1% of Montenegro's revenue
323 companies earned 195.35m€ in 2025, 1.1% of all company revenue in Montenegro. It ranks 14 of 25 municipalities by revenue. Revenue has grown 3.1× since 2015.
1.1% of Montenegro's revenue
24.9 per 1,000 residents · Montenegro 57.3
Largest employer: Donator (339)
Total profit: 12.27m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 62,433,657€ | 104 |
| 2016 | 71,672,567€ | 113 |
| 2017 | 81,419,211€ | 123 |
| 2018 | 89,768,113€ | 144 |
| 2019 | 90,274,168€ | 157 |
| 2020 | 82,213,301€ | 179 |
| 2021 | 92,756,736€ | 212 |
| 2022 | 120,944,039€ | 233 |
| 2023 | 137,297,598€ | 264 |
| 2024 | 156,695,982€ | 300 |
| 2025 (Preliminary) | 195,348,694€ | 323 |
† Tuzi became a municipality in 2018; earlier years show companies seated there today
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 323
* 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 | Donator02129183 · Trade | 15.2% | 29,740,798€ | +7.0% | 1,692,551€ | 5.7% | 339 | 1,039€ |
| 2 | Castellana Co02244128 · Trade | 10.6% | 20,741,647€ | +9.5% | 292,353€ | 1.4% | 139 | 1,100€ |
| 3 | Arivera Fruit03716104 · Trade | 9.8% | 19,109,615€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -58,998€ | -0.3% | 33 | 1,582€ |
| 4 | E.C.Auto Trade02642204 · Trade | 5.0% | 9,800,885€ | +10.7% | 694,349€ | 7.1% | 9 | 2,814€ |
| 5 | Dauti - Komerc02325446 · Trade | 4.8% | 9,456,927€ | +6.5% | 616,990€ | 6.5% | 45 | 1,208€ |
| 6 | MMS02049309 · Trade | 2.7% | 5,328,828€ | -25.0% | 33,534€ | 0.6% | 70 | 902€ |
| 7 | Monte D02955679 · Trade | 2.4% | 4,639,929€ | +7.1% | 608,638€ | 13.1% | 36 | 1,115€ |
| 8 | Alba Petrol02764130 · Trade | 2.0% | 3,975,977€ | -4.0% | 127,753€ | 3.2% | 10 | 1,238€ |
| 9 | Art Ceramic02997894 · Trade | 2.0% | 3,816,622€ | +15.2% | 635,842€ | 16.7% | 13 | 2,045€ |
| 10 | Nikoz03437752 · Trade | 1.8% | 3,543,602€ | +227.0% | 268,583€ | 7.6% | 2 | 873€ |
| 11 | Albino02128110 · Trade | 1.8% | 3,451,306€ | +540.2% | 142,920€ | 4.1% | 5 | 1,974€ |
| 12 | Koti Trgovina03090841 · Trade | 1.7% | 3,379,774€ | +11.8% | 236,226€ | 7.0% | 20 | 1,129€ |
| 13 | Top Dom-Kovači03206033 · Trade | 1.6% | 3,105,568€ | +20.7% | 664,651€ | 21.4% | 45 | 802€ |
| 14 | Koja Company03137171 · Construction | 1.5% | 2,876,979€ | +31.0% | 629,710€ | 21.9% | 34 | 766€ |
| 15 | Junčaj Petrol Comerc02067374 · Trade | 1.4% | 2,677,258€ | +12.0% | 124,844€ | 4.7% | 8 | 1,017€ |
| 16 | Plam Inženjering02135191 · Construction | 1.3% | 2,516,827€ | +3.1% | 407,931€ | 16.2% | 8 | 920€ |
| 17 | Dado - M02816148 · Trade | 1.3% | 2,454,894€ | +17.9% | 251,202€ | 10.2% | 20 | 1,027€ |
| 18 | Gruppo Tessile02407566 · Trade | 1.2% | 2,359,577€ | +21.0% | 330,705€ | 14.0% | 12 | 1,195€ |
| 19 | Kovači02409470 · Trade | 1.2% | 2,292,294€ | +4.3% | 28,976€ | 1.3% | 37 | 673€ |
| 20 | VS Invest03271927 · Construction | 1.1% | 2,150,224€ | +1,347.6% | 477,870€ | 22.2% | 3 | 2,445€ |
| 21 | TTC Company03481042 · Trade | 1.0% | 1,886,297€ | +103.4% | 53,125€ | 2.8% | 48 | 724€ |
| 22 | Digital Edge Me03320677 · Professional services | 1.0% | 1,884,555€ | +17.0% | 121,091€ | 6.4% | 7 | 2,107€ |
| 23 | Kopsaj03445224 · Construction | 1.0% | 1,867,476€ | +140.0% | 393,489€ | 21.1% | 65 | 1,218€ |
| 24 | MCN03060853 · Trade | 0.8% | 1,476,274€ | +67.3% | 428,022€ | 29.0% | 3 | 1,162€ |
| 25 | Fresh Market03490530 · Trade | 0.7% | 1,367,190€ | +75.4% | 4,494€ | 0.3% | 15 | 817€ |
| 26 | Viacom02304511 · Trade | 0.7% | 1,329,694€ | +1.8% | 75,360€ | 5.7% | 8 | 846€ |
| 27 | Victory Trans03398536 · Transport & logistics | 0.7% | 1,293,552€ | +42.4% | 61,918€ | 4.8% | 3 | 450€ |
| 28 | Dram02297639 · Construction | 0.7% | 1,286,797€ | -3.8% | 43,948€ | 3.4% | 18 | 1,199€ |
| 29 | Alcro02101041 · Trade | 0.7% | 1,271,966€ | +27.5% | 83,316€ | 6.6% | 7 | 908€ |
| 30 | Univerzal Metal 103031519 · Trade | 0.6% | 1,115,624€ | +2.9% | 294,053€ | 26.4% | 12 | 1,051€ |
| 31 | Radon Petrol03330362 · Trade | 0.6% | 1,104,094€ | +6.5% | 10,838€ | 1.0% | 16 | 1,058€ |
| 32 | Komunalno/Komunale03283135 · Energy, water & waste | 0.6% | 1,102,043€ | -4.3% | 6,918€ | 0.6% | 63 | 1,127€ |
| 33 | Alu Plast CG03315517 · Construction | 0.6% | 1,097,936€ | +30.0% | 225,032€ | 20.5% | 5 | 759€ |
| 34 | R 102619741 · Transport & logistics | 0.5% | 1,033,312€ | -3.3% | 98,129€ | 9.5% | 11 | 1,854€ |
| 35 | Niagara02437031 · Hospitality | 0.5% | 1,028,887€ | -8.3% | 85,832€ | 8.3% | 18 | 674€ |
| 36 | Vodovod i Kanalizacija Tuzi03399702 · Energy, water & waste | 0.5% | 1,004,416€ | +40.0% | 110,992€ | 11.1% | 48 | 1,019€ |
| 37 | Remedia02200406 · Trade | 0.5% | 997,207€ | +6.3% | 40,460€ | 4.1% | 4 | 1,457€ |
| 38 | Korita Sig02746069 · Construction | 0.5% | 963,378€ | -23.4% | 74,327€ | 7.7% | 4 | 4,524€ |
| 39 | Agropromos02296438 · Trade | 0.5% | 951,238€ | +12.8% | 122,698€ | 12.9% | 5 | 1,062€ |
| 40 | Fetić Komerc02927934 · Agriculture | 0.5% | 943,257€ | +13.6% | 41,280€ | 4.4% | 6 | 748€ |
| 41 | DR Med Apoteka03658198 · Trade | 0.5% | 929,912€ | +318.8% | 1,460€ | 0.2% | 10 | 1,470€ |
| 42 | Dva Druga SS02775930 · Manufacturing | 0.5% | 882,927€ | +24.7% | 3,393€ | 0.4% | 6 | 805€ |
| 43 | Zverotić Company03161790 · Construction | 0.4% | 872,277€ | -5.1% | 138,862€ | 15.9% | 3 | 3,417€ |
| 44 | Megaplast02305755 · Manufacturing | 0.4% | 824,059€ | -3.4% | 37,765€ | 4.6% | 10 | 976€ |
| 45 | Transedoo03642950 · Transport & logistics | 0.4% | 809,746€ | +90.9% | 41,150€ | 5.1% | 2 | 3,996€ |
| 46 | Prime Shop 36003628736 · Trade | 0.4% | 734,259€ | +12.2% | -112,380€ | -15.3% | 4 | 781€ |
| 47 | Donator Nekretnine03697401 · Real estate | 0.4% | 717,190€ | +411.8% | 373,835€ | 52.1% | 1 | 440€ |
| 48 | Lenox02224267 · Manufacturing | 0.4% | 707,859€ | +24.8% | 10,175€ | 1.4% | 9 | 1,025€ |
| 49 | Simant02916665 · Trade | 0.4% | 699,426€ | -60.2% | -86,643€ | -12.4% | 10 | 1,075€ |
| 50 | Auto Excellent03436179 · Trade | 0.3% | 656,380€ | +6.6% | 47,538€ | 7.2% | 2 | 447€ |