Revenue
5.7% of Montenegro's revenue
5,552 companies earned 1.00b€ in 2025, 5.7% of all company revenue in Montenegro. It ranks 3 of 25 municipalities by revenue. Revenue has grown 2.6× since 2015.
5.7% of Montenegro's revenue
202.3 per 1,000 residents · Montenegro 57.3
Largest employer: Budvanska Rivijera (600)
Total profit: 26.90m€
Average per employee, not per company
Revenue in € million (bars) and filing companies (below), 2015–2025
| Year | Revenue | Companies |
|---|---|---|
| 2015 | 383,810,343€ | 1,542 |
| 2016 | 444,494,047€ | 1,746 |
| 2017 | 472,980,155€ | 1,980 |
| 2018 | 530,680,779€ | 2,746 |
| 2019 | 560,118,454€ | 3,195 |
| 2020 | 330,171,815€ | 3,435 |
| 2021 | 522,432,693€ | 3,741 |
| 2022 | 708,025,501€ | 4,710 |
| 2023 | 892,278,713€ | 5,695 |
| 2024 | 962,555,670€ | 6,029 |
| 2025 (Preliminary) | 1,004,597,030€ | 5,552 |
The number of companies jumped most in 2022: from 3,741 to 4,710.
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 451–462 of 462
* 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* |
|---|
| 451 | Sun and the Sea03610306 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,135€ | — | 1 | 677€ |
| 452 | Sva Company03438899 · Administrative services | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 453 | Tab Yapi Company03318397 · Administrative services | 0.0% | 0€ | -100.0% | -9,837€ | — | 1 | 675€ |
| 454 | Teleeye-Montenegro02895803 · Administrative services | 0.0% | 0€ | -100.0% | -17,305€ | — | 1 | 927€ |
| 455 | Tera Nova02462796 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,325€ | — | 1 | 675€ |
| 456 | Tramola03392171 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,072€ | — | 1 | 675€ |
| 457 | Troas03327043 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,177€ | — | 1 | 677€ |
| 458 | Tur-Report.Me03536777 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,364€ | — | 1 | 953€ |
| 459 | View Landscape Arhitecture03715027 · Administrative services | 0.0% | 0€ | No filing for 2024. | -10,425€ | — | 1 | 756€ |
| 460 | YZC Energy03641872 · Administrative services | 0.0% | 0€ | No filing for 2024. | -8,140€ | — | 1 | 675€ |
| 461 | Zeferia Group03622509 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,151€ | — | 1 | 926€ |
| 462 | Zeytin Group03604179 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,139€ | — | 1 | 926€ |