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 101–150 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* |
|---|
| 101 | Rubick03089614 · Hospitality | <0.1% | 181,935€ | +26.8% | 4,196€ | 2.3% | 3 | 1,174€ |
| 102 | Urban Place03302741 · Hospitality | <0.1% | 179,338€ | +85.2% | 1,902€ | 1.1% | 7 | 530€ |
| 103 | Lagoon Group03552870 · Hospitality | <0.1% | 177,498€ | +14.1% | 8,799€ | 5.0% | 6 | 782€ |
| 104 | Adria4ever03246841 · Hospitality | <0.1% | 174,898€ | -3.7% | 139€ | 0.1% | 8 | 834€ |
| 105 | Aren Group Mne03648460 · Hospitality | <0.1% | 174,546€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -53,175€ | -30.5% | 4 | 1,705€ |
| 106 | Pirlanta03074803 · Hospitality | <0.1% | 171,122€ | +5.2% | -4,917€ | -2.9% | 8 | 787€ |
| 107 | MBJ Club03367169 · Hospitality | <0.1% | 166,883€ | +63.4% | 26,444€ | 15.8% | 5 | 806€ |
| 108 | Sada Tours03374190 · Hospitality | <0.1% | 166,570€ | +15.5% | 12,584€ | 7.6% | 2 | 1,462€ |
| 109 | Šaltić Company02323834 · Hospitality | <0.1% | 164,662€ | +63.5% | 17,622€ | 10.7% | 4 | 675€ |
| 110 | Palmera03362426 · Hospitality | <0.1% | 164,084€ | -9.2% | -3,365€ | -2.1% | 4 | 621€ |
| 111 | Ćeman Industry03706974 · Hospitality | <0.1% | 163,690€ | +6,711.9% | 991€ | 0.6% | 7 | 759€ |
| 112 | Meliora03389367 · Hospitality | <0.1% | 159,971€ | +82.5% | -20,346€ | -12.7% | 5 | 1,189€ |
| 113 | D.P.Z. Jarbol03643000 · Hospitality | <0.1% | 157,389€ | +69.2% | 410€ | 0.3% | 2 | 523€ |
| 114 | Anur03670040 · Hospitality | <0.1% | 156,724€ | +289.3% | -20,098€ | -12.8% | 7 | 769€ |
| 115 | Nizg Co03619583 · Hospitality | <0.1% | 155,498€ | +10.9% | 5,834€ | 3.8% | 6 | 1,072€ |
| 116 | Milibar03509125 · Hospitality | <0.1% | 154,759€ | +13.7% | -32,845€ | -21.2% | 5 | 814€ |
| 117 | Hospitium Company02408716 · Hospitality | <0.1% | 154,053€ | +71.3% | 17,332€ | 11.3% | 5 | 699€ |
| 118 | Portum03347818 · Hospitality | <0.1% | 151,916€ | +18.3% | 991€ | 0.7% | 4 | 1,158€ |
| 119 | Kanka03220010 · Hospitality | <0.1% | 150,875€ | +36.0% | -82,578€ | -54.7% | 3 | 338€ |
| 120 | Ietc- Development03166732 · Hospitality | <0.1% | 147,945€ | +161.3% | 10,822€ | 7.3% | 3 | 748€ |
| 121 | Xio Cafe03507360 · Hospitality | <0.1% | 144,584€ | -18.3% | -48,877€ | -33.8% | 5 | 1,510€ |
| 122 | Gru Company03239764 · Hospitality | <0.1% | 144,493€ | -9.0% | 13,970€ | 9.7% | 2 | 1,429€ |
| 123 | TBCB03344614 · Hospitality | <0.1% | 141,584€ | +4.3% | -112€ | -0.1% | 6 | 786€ |
| 124 | The Pub02983389 · Hospitality | <0.1% | 141,547€ | +200.4% | -11,183€ | -7.9% | 2 | 491€ |
| 125 | Niki Group03685551 · Hospitality | <0.1% | 141,176€ | +193.6% | 615€ | 0.4% | 8 | 604€ |
| 126 | Energy Up03452247 · Hospitality | <0.1% | 137,523€ | +49.9% | 3,876€ | 2.8% | 3 | 928€ |
| 127 | Pick and Roll03411915 · Hospitality | <0.1% | 133,923€ | -5.1% | 1,484€ | 1.1% | 5 | 587€ |
| 128 | VK Group03703118 · Hospitality | <0.1% | 132,686€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 16,851€ | 12.7% | 4 | 774€ |
| 129 | Ponta Čanj03252205 · Hospitality | <0.1% | 130,675€ | -14.6% | 5,359€ | 4.1% | 4 | 627€ |
| 130 | Exsluziv Skaut02667177 · Hospitality | <0.1% | 127,331€ | +46.2% | -1,807€ | -1.4% | 9 | — |
| 131 | Kotrobanja02700123 · Hospitality | <0.1% | 126,921€ | -28.0% | -65,565€ | -51.7% | 4 | 675€ |
| 132 | Immo Monte03266532 · Hospitality | <0.1% | 123,471€ | +465.6% | 21,987€ | 17.8% | 1 | 1,722€ |
| 133 | Ćevabdžinica Dino03143651 · Hospitality | <0.1% | 120,399€ | +24.4% | -6,953€ | -5.8% | 2 | 822€ |
| 134 | Cumbu02405431 · Hospitality | <0.1% | 118,115€ | -82.5% | -1,818€ | -1.5% | 2 | 707€ |
| 135 | Padrino - Das02745593 · Hospitality | <0.1% | 115,901€ | +5.3% | 37,320€ | 32.2% | 3 | 510€ |
| 136 | Raeli Logistics03496848 · Hospitality | <0.1% | 115,840€ | +313.5% | -41,342€ | -35.7% | 5 | 726€ |
| 137 | Lion Investment Montenegro03143074 · Hospitality | <0.1% | 115,340€ | +78.3% | -42,537€ | -36.9% | 1 | 1,256€ |
| 138 | Bukovik Sutomore03049078 · Hospitality | <0.1% | 114,635€ | +26.3% | 10,753€ | 9.4% | 2 | 723€ |
| 139 | Miško Tours03243923 · Hospitality | <0.1% | 111,007€ | +132.6% | 3,424€ | 3.1% | 5 | 691€ |
| 140 | Porto Sole02910535 · Hospitality | <0.1% | 109,249€ | +41.0% | 19,943€ | 18.3% | 2 | 803€ |
| 141 | Akvadukt02752433 · Hospitality | <0.1% | 107,883€ | -0.6% | 3,127€ | 2.9% | 3 | 1,331€ |
| 142 | Dinka03419657 · Hospitality | <0.1% | 106,830€ | +28.3% | 3,886€ | 3.6% | 5 | — |
| 143 | Prorelax03419215 · Hospitality | <0.1% | 106,487€ | +94.6% | -1,964€ | -1.8% | 6 | 495€ |
| 144 | Mais - Ik02710471 · Hospitality | <0.1% | 105,894€ | -22.8% | -140,264€ | -132.5% | 1 | 868€ |
| 145 | Školski Barista03308103 · Hospitality | <0.1% | 104,264€ | +63.1% | 1,576€ | 1.5% | 5 | 629€ |
| 146 | Best Sunset03324869 · Hospitality | <0.1% | 103,310€ | -18.9% | 12,191€ | 11.8% | 2 | 587€ |
| 147 | M.C.D. Group03246183 · Hospitality | <0.1% | 102,531€ | -18.7% | -25,857€ | -25.2% | 5 | 976€ |
| 148 | Šekularac Company02790858 · Hospitality | <0.1% | 99,672€ | +2.9% | 5,792€ | 5.8% | 3 | 984€ |
| 149 | Montenegro Catering03635864 · Hospitality | <0.1% | 99,027€ | +55.8% | 12,105€ | 12.2% | 3 | 686€ |
| 150 | Rabbit02372509 · Hospitality | <0.1% | 97,785€ | -5.6% | -15,304€ | -15.7% | 6 | 674€ |