Herceg Novi

Company activity and top companies for 2025, ranked by avg gross pay*.

Selected year: 2025Avg gross pay*

Revenue Companies Employees Avg gross pay*

Companies

2,390

Employees

8,301

Revenue

514.32m€

Avg gross pay*

1,141€

* Avg gross pay is an estimate calculated from financial-statement personnel-cost figures; source inaccuracies and non-salary personal expenses can make it vary significantly.

Herceg Novi · Avg gross pay* · over time

Municipality context

Share of national revenue: 3.2%
Rank · Avg gross pay*: 8 / 25
Rank by revenue: 6 / 25
Rank by employees: 5 / 25
Share of companies: 7.4%

Development signals and urban projects · Herceg Novi

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06 333 25 10010 7 SAVINA RESIDENCE DOO HERCEG NOVI

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Top companies · Avg gross pay*

#	Company	Avg gross pay*	Employees	Revenue	Profit
1	Olive CoastReal estate · Djelatnosti posredovanja u poslovanju nekretninama	25,805€	2	913,936€	159,503€
2	C - VračarReal estate · Iznajmljivanje vlastitih ili iznajmljenih nekretnina i upravljanje njima	15,317€	1	769,374€	-251,342€
3	KeinexTechnology · Računarsko programiranje	13,624€	1	169,500€	952€
4	MadecassiaConstruction · Ostale specijalizovane građevinske djelatnosti, na drugom mjestu nepomenute	9,798€	1	93,079€	-62,317€
5	Cicak AkustikaManufacturing · Umnožavanje snimljenih zapisa	7,984€	1	207,405€	7,079€
6	Aqua VistaConstruction · Izgradnja stambenih i nestambenih zgrada	7,529€	1	103,347€	-5€
7	Azmont InvestmentsReal estate · Iznajmljivanje vlastitih ili iznajmljenih nekretnina i upravljanje njima	7,093€	17	39,574,821€	7,520,630€
8	Possessio MontenegroProfessional services · Konsultantske aktivnosti u vezi s poslovanjem	6,912€	1	136,845€	7,301€
9	Monument Real EstateConstruction · Izgradnja stambenih i nestambenih zgrada	6,690€	1	318,188€	90,205€
10	DSR ConsultingProfessional services · Konsultantske aktivnosti u vezi s poslovanjem	6,041€	2	513,548€	168,384€

Olive Coast

Avg gross pay*25,805€Employees2Revenue913,936€

C - Vračar

Avg gross pay*15,317€Employees1Revenue769,374€

Keinex

Avg gross pay*13,624€Employees1Revenue169,500€

Madecassia

Avg gross pay*9,798€Employees1Revenue93,079€

Cicak Akustika

Avg gross pay*7,984€Employees1Revenue207,405€

Aqua Vista

Avg gross pay*7,529€Employees1Revenue103,347€

Azmont Investments

Avg gross pay*7,093€Employees17Revenue39,574,821€

Possessio Montenegro

Avg gross pay*6,912€Employees1Revenue136,845€

Monument Real Estate

Avg gross pay*6,690€Employees1Revenue318,188€

DSR Consulting

Avg gross pay*6,041€Employees2Revenue513,548€

Top 10 companies ranked by avg gross pay*View all 2,390 →

Companies in Herceg Novi ranked by revenue 2025 →

Source: Tax Administration / CRPSCurrency: EUR

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