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 451–500 of 836
* 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 | Bumerang Denetim03278212 · Professional services | <0.1% | 1€ | -98.9% | -8,336€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 452 | Prolex-A03467341 · Professional services | <0.1% | 1€ | -100.0% | -8,840€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 675€ |
| 453 | Absolute World Montenegro03755525 · Professional services | 0.0% | 0€ | No filing for 2024. | -14,056€ | — | 2 | 579€ |
| 454 | Adm Global Consultancy03681530 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,073€ | — | 1 | 675€ |
| 455 | Aekbro03669289 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,037€ | — | 1 | 928€ |
| 456 | Akresia03667626 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,482€ | — | 1 | 1,033€ |
| 457 | Akryazhev03482863 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,591€ | — | 1 | 926€ |
| 458 | Andy Homes03236382 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,979€ | — | 1 | 922€ |
| 459 | Angel Consulting Group03379370 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,518€ | — | 1 | 945€ |
| 460 | Lysogor03509117 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,073€ | — | 1 | — |
| 461 | Arhitektur & Project Management02690489 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,200€ | — | 1 | 345€ |
| 462 | Arteda02715716 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 463 | Artedas02959739 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 464 | Art Investments Limited03540553 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,188€ | — | 1 | 678€ |
| 465 | Axessworks03258572 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,160€ | — | 1 | 677€ |
| 466 | Baike Company03782468 · Professional services | 0.0% | 0€ | No filing for 2024. | -185€ | — | 1 | — |
| 467 | Balfora03755959 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,748€ | — | 1 | 394€ |
| 468 | Batu03257185 · Professional services | 0.0% | 0€ | -100.0% | -8,184€ | — | 1 | 678€ |
| 469 | BK Consalting03119530 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -678€ | — | 1 | — |
| 470 | Black Engineering03525007 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 471 | Blackhan Consulting03216209 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 472 | Boka Holdings03738108 · Professional services | 0.0% | 0€ | No filing for 2024. | -3,508€ | — | 1 | — |
| 473 | Breeze02629267 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,456€ | — | 1 | 374€ |
| 474 | Brizello03676633 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,388€ | — | 1 | 675€ |
| 475 | Budva Inženjering02631474 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,509€ | — | 1 | 675€ |
| 476 | Butterfly03772268 · Professional services | 0.0% | 0€ | No filing for 2024. | -4,056€ | — | 1 | 335€ |
| 477 | Ceyd Company03537609 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,116€ | — | 1 | 926€ |
| 478 | Chesdev03466116 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,815€ | — | 1 | 750€ |
| 479 | C&H Montenegro03248496 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,311€ | — | 1 | 1,160€ |
| 480 | Ciftci Design03404480 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,116€ | — | 1 | 676€ |
| 481 | Coluck Advertising03690482 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,706€ | — | 1 | 678€ |
| 482 | Copyright02636620 · Professional services | 0.0% | 0€ | -100.0% | -2,726€ | — | 1 | — |
| 483 | Cosmomv03536181 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 484 | Creative Architects03468372 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 485 | D Bulk Carriers03193675 · Professional services | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 486 | Deep Tourism03632547 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 487 | Dijitalizm03730557 · Professional services | 0.0% | 0€ | No filing for 2024. | -6,781€ | — | 1 | 565€ |
| 488 | Dinvest Montenegro03241173 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,489€ | — | 1 | — |
| 489 | Diverso Travel03196682 · Professional services | 0.0% | 0€ | -100.0% | -4,020€ | — | 1 | 335€ |
| 490 | Dobro TP03496155 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,446€ | — | 1 | 678€ |
| 491 | 2relate Production03576337 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,308€ | — | 1 | 1,341€ |
| 492 | 9 Marts03197140 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -750€ | — | 1 | — |
| 493 | Acanesi03609049 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 494 | Acca-X Finance Montenegro03360679 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,218€ | — | 1 | — |
| 495 | Actors Systems03620867 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,160€ | — | 1 | 680€ |
| 496 | Adonys Travel03224694 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,087€ | — | 1 | 924€ |
| 497 | Adornare03402703 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 498 | Adriatic Smart Solutions03606392 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 499 | Adriatic Sophis Mne03672794 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,230€ | — | 1 | 675€ |
| 500 | Advanced Markets Research03648206 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,302€ | — | 1 | 675€ |