Revenue
4.3% of Montenegro's revenue
3,326 companies earned 758.90m€ in 2025, 4.3% of all company revenue in Montenegro. It ranks 4 of 25 municipalities by revenue. Revenue has grown 3.2× since 2015.
4.3% of Montenegro's revenue
72.6 per 1,000 residents · Montenegro 57.3
Largest employer: Kadar Plus (519)
Total profit: 29.89m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 239,370,876€ | 1,306 |
| 2016 | 262,228,157€ | 1,380 |
| 2017 | 301,053,489€ | 1,496 |
| 2018 | 333,446,222€ | 1,663 |
| 2019 | 351,884,422€ | 1,831 |
| 2020 | 318,094,388€ | 2,022 |
| 2021 | 391,032,089€ | 2,198 |
| 2022 | 548,447,681€ | 2,694 |
| 2023 | 592,141,198€ | 3,169 |
| 2024 | 674,325,394€ | 3,269 |
| 2025 (Preliminary) | 758,900,352€ | 3,326 |
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 51–100 of 382
* 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* |
|---|
| 51 | Lido-Turs02072149 · Hospitality | <0.1% | 357,884€ | -32.2% | 12,293€ | 3.4% | 6 | 881€ |
| 52 | Mediamar03214168 · Hospitality | <0.1% | 357,083€ | +12.0% | -1,536€ | -0.4% | 9 | 1,105€ |
| 53 | V.N Company03426360 · Hospitality | <0.1% | 351,412€ | +7.6% | -7,331€ | -2.1% | 5 | 643€ |
| 54 | Centrale As03475891 · Hospitality | <0.1% | 348,113€ | +44.7% | -3,844€ | -1.1% | 7 | 1,592€ |
| 55 | Slama Sutomore03428907 · Hospitality | <0.1% | 347,721€ | +22.0% | 97,267€ | 28.0% | 4 | 509€ |
| 56 | SG Harmony03170357 · Hospitality | <0.1% | 341,076€ | +8.9% | 1,405€ | 0.4% | 9 | 702€ |
| 57 | Lara - S Co02865548 · Hospitality | <0.1% | 340,087€ | -16.4% | 57,097€ | 16.8% | 7 | 694€ |
| 58 | Bugrugasik02643464 · Hospitality | <0.1% | 338,487€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 240,335€ | 71.0% | 2 | 869€ |
| 59 | Lejla02433583 · Hospitality | <0.1% | 325,738€ | -0.7% | -6,628€ | -2.0% | 10 | 598€ |
| 60 | Kužina03075753 · Hospitality | <0.1% | 323,386€ | +16.1% | 4,206€ | 1.3% | 15 | 708€ |
| 61 | Niš02747618 · Hospitality | <0.1% | 320,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 271,134€ | 84.7% | 1 | 2,993€ |
| 62 | Hostelerija02945398 · Hospitality | <0.1% | 313,981€ | +22.3% | 16,012€ | 5.1% | 5 | 1,021€ |
| 63 | Avanti 302929643 · Hospitality | <0.1% | 312,773€ | -18.9% | 24,393€ | 7.8% | 6 | 981€ |
| 64 | Dolce Bacio03293220 · Hospitality | <0.1% | 307,354€ | +25.0% | 24,168€ | 7.9% | 11 | 841€ |
| 65 | BR Tuttobene03735940 · Hospitality | <0.1% | 299,467€ | No filing for 2024. | 6,909€ | 2.3% | 6 | 1,208€ |
| 66 | Istra Group02986221 · Hospitality | <0.1% | 296,070€ | +215.8% | 19,192€ | 6.5% | 2 | 1,503€ |
| 67 | Sea Wave02753928 · Hospitality | <0.1% | 294,140€ | +4.1% | 17,753€ | 6.0% | 10 | 761€ |
| 68 | L Group03031063 · Hospitality | <0.1% | 285,002€ | -2.9% | 10,907€ | 3.8% | 5 | 1,142€ |
| 69 | Najs02654539 · Hospitality | <0.1% | 285,001€ | +236.2% | 1,665€ | 0.6% | 4 | 1,233€ |
| 70 | Lirex02987970 · Hospitality | <0.1% | 277,159€ | -0.9% | 116€ | 0.0% | 10 | 898€ |
| 71 | PTM Club03241602 · Hospitality | <0.1% | 273,577€ | -3.6% | 9,799€ | 3.6% | 6 | 795€ |
| 72 | Pelikan02370239 · Hospitality | <0.1% | 263,395€ | -7.8% | 11,854€ | 4.5% | 11 | 792€ |
| 73 | Almare02219166 · Hospitality | <0.1% | 252,989€ | -6.0% | 4,692€ | 1.9% | 6 | 776€ |
| 74 | Matoni03636429 · Hospitality | <0.1% | 243,451€ | +9.3% | 45,690€ | 18.8% | 3 | 1,410€ |
| 75 | Insomnia Group02777851 · Hospitality | <0.1% | 243,410€ | -0.7% | 9,651€ | 4.0% | 6 | 603€ |
| 76 | Az Trade03340287 · Hospitality | <0.1% | 240,495€ | +47.9% | 39,520€ | 16.4% | 3 | 2,069€ |
| 77 | V.S. Systems02332230 · Hospitality | <0.1% | 240,412€ | +32.6% | 19,454€ | 8.1% | 6 | 1,293€ |
| 78 | 12. Jul02714108 · Hospitality | <0.1% | 240,102€ | +34.5% | 17,351€ | 7.2% | 6 | 697€ |
| 79 | Hemingway Company03099067 · Hospitality | <0.1% | 234,213€ | +5.7% | 18,335€ | 7.8% | 5 | 1,035€ |
| 80 | Sonso & Co03717801 · Hospitality | <0.1% | 227,793€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,479€ | -2.8% | 9 | 871€ |
| 81 | Istra Besac03334961 · Hospitality | <0.1% | 225,712€ | -13.9% | 5,504€ | 2.4% | 10 | 774€ |
| 82 | RTC Development02688972 · Hospitality | <0.1% | 224,592€ | +49.6% | 28,997€ | 12.9% | 2 | 1,858€ |
| 83 | Kamine03331288 · Hospitality | <0.1% | 221,928€ | +18.5% | -6,459€ | -2.9% | 5 | 956€ |
| 84 | Butor Company03088367 · Hospitality | <0.1% | 219,734€ | -29.1% | -42,204€ | -19.2% | 6 | 1,090€ |
| 85 | VNV03012638 · Hospitality | <0.1% | 218,809€ | +293.0% | 9,161€ | 4.2% | 5 | 966€ |
| 86 | Voda u Kršu02423693 · Hospitality | <0.1% | 217,269€ | -2.1% | 23,574€ | 10.9% | 9 | 886€ |
| 87 | Peričić02914697 · Hospitality | <0.1% | 213,465€ | +10.2% | -14,845€ | -7.0% | 9 | 320€ |
| 88 | Orahovica Tours03526399 · Hospitality | <0.1% | 210,676€ | +16.5% | 12,385€ | 5.9% | 4 | 1,008€ |
| 89 | Mid Co03644189 · Hospitality | <0.1% | 210,646€ | +208.6% | 4,677€ | 2.2% | 9 | 644€ |
| 90 | Blumenstreet03520099 · Hospitality | <0.1% | 210,084€ | +22.7% | 7,453€ | 3.5% | 6 | 702€ |
| 91 | Kunje03129659 · Hospitality | <0.1% | 204,785€ | +3.0% | 6,262€ | 3.1% | 12 | — |
| 92 | Deana Co03267199 · Hospitality | <0.1% | 199,215€ | +18.9% | 16,740€ | 8.4% | 3 | 1,035€ |
| 93 | Alterturs02250934 · Hospitality | <0.1% | 189,781€ | -16.1% | 13,735€ | 7.2% | 4 | 532€ |
| 94 | 3L Company03188175 · Hospitality | <0.1% | 189,117€ | +35.6% | 5,123€ | 2.7% | 4 | 1,091€ |
| 95 | Vongola02759217 · Hospitality | <0.1% | 186,314€ | +4.7% | 52,192€ | 28.0% | 7 | 456€ |
| 96 | Citadela Stari Bar03180557 · Hospitality | <0.1% | 184,522€ | +43.1% | -34,620€ | -18.8% | 4 | 749€ |
| 97 | MS Invest Plus02902737 · Hospitality | <0.1% | 184,377€ | -81.5% | -14,920€ | -8.1% | 6 | 622€ |
| 98 | Questo - Quello02786087 · Hospitality | <0.1% | 184,055€ | +0.7% | 7,315€ | 4.0% | 2 | 623€ |
| 99 | BB Šušanj03362400 · Hospitality | <0.1% | 182,533€ | +6.7% | 2,433€ | 1.3% | 3 | 1,055€ |
| 100 | Elementgroup03430812 · Hospitality | <0.1% | 182,023€ | +41.9% | 3,073€ | 1.7% | 7 | 629€ |