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 5101–5150 of 5,552
* 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* |
|---|
| 5101 | Lacus03393500 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 5102 | Laguna Gold03245225 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 5103 | Lalatović N & D02960605 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,197€ | — | 2 | 506€ |
| 5104 | Lali Design03259854 · Professional services | 0.0% | 0€ | -100.0% | -8,241€ | — | 1 | 678€ |
| 5105 | La Lingua03772497 · Education | 0.0% | 0€ | No filing for 2024. | -2,175€ | — | 0 | — |
| 5106 | Lamda Development Montenegro02646714 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -235,373€ | — | 1 | 754€ |
| 5107 | Lams03407900 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 678€ |
| 5108 | Lappa03117812 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,208€ | — | 1 | 678€ |
| 5109 | Larsen Co03575845 · Personal services | 0.0% | 0€ | -100.0% | -8,959€ | — | 1 | 675€ |
| 5110 | Lastjob03360091 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,075€ | — | 1 | 506€ |
| 5111 | Latteart03540537 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,276€ | — | 1 | 678€ |
| 5112 | Lavinia Tourism03544559 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5113 | Leadership Nexus03676501 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,146€ | — | 1 | 675€ |
| 5114 | Lea Investment Co03499251 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,734€ | — | 1 | 925€ |
| 5115 | Leila Global03244369 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,861€ | — | 1 | 928€ |
| 5116 | Le Lumiere03524299 · Trade | 0.0% | 0€ | -100.0% | -5,402€ | — | 1 | 450€ |
| 5117 | Lenara Investments03658821 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,482€ | — | 1 | 866€ |
| 5118 | Leona & Aleksa02994232 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,075€ | — | 1 | 338€ |
| 5119 | Levandis03228070 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,093€ | — | 1 | 339€ |
| 5120 | Life Is Beautiful03523047 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,412€ | — | 1 | — |
| 5121 | Light Electric02303701 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,628€ | — | 1 | 386€ |
| 5122 | Lion Brothers03399737 · Trade | 0.0% | 0€ | -100.0% | -12,813€ | — | 2 | 339€ |
| 5123 | Live&Nice LTD Co03457834 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,235€ | — | 1 | 675€ |
| 5124 | Ljubavni Izvor03528693 · Hospitality | 0.0% | 0€ | -100.0% | -8,101€ | — | 1 | 675€ |
| 5125 | Lmyra03703142 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,720€ | — | 1 | 624€ |
| 5126 | Logolook Plus03447871 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 5127 | Loren Insaat03773795 · Construction | 0.0% | 0€ | No filing for 2024. | -5,247€ | — | 1 | 437€ |
| 5128 | Lovely Sunrise03604551 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,070€ | — | 1 | 926€ |
| 5129 | Loya Food and Agriculture03608131 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,498€ | — | 1 | 925€ |
| 5130 | L-Tech03756335 · Technology | 0.0% | 0€ | No filing for 2024. | -5,784€ | — | 1 | 481€ |
| 5131 | Luka 1002826593 · Trade | 0.0% | 0€ | -100.0% | -10,832€ | — | 1 | 675€ |
| 5132 | Luna Bilans02839652 · Professional services | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 5133 | Lunasolis03716325 · Arts & entertainment | 0.0% | 0€ | No filing for 2024. | -10,345€ | — | 1 | 802€ |
| 5134 | Lustitus03641520 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,226€ | — | 1 | 675€ |
| 5135 | Lux Solaris03451305 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,783€ | — | 1 | 416€ |
| 5136 | Lynnwood Information Technologies03490335 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,526€ | — | 1 | 928€ |
| 5137 | Mady Accesories Montenegro03408353 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 5138 | Magic Cake03285065 · Manufacturing | 0.0% | 0€ | -100.0% | -8,123€ | — | 1 | 675€ |
| 5139 | Magud Living03784193 · Real estate | 0.0% | 0€ | No filing for 2024. | -3,079€ | — | 1 | — |
| 5140 | Maine -Inženjering02666391 · Construction | 0.0% | 0€ | -100.0% | -13,973€ | — | 1 | 675€ |
| 5141 | Maison De Montmorency03618668 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,279€ | — | 1 | 931€ |
| 5142 | Majo Design03490432 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,739€ | — | 1 | 678€ |
| 5143 | Maks PDR Pro03599116 · Trade | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 5144 | Manci Budva03622100 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5145 | Mandalin Co03786471 · Professional services | 0.0% | 0€ | No filing for 2024. | -1€ | — | 0 | — |
| 5146 | Mapid Me03384292 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,131€ | — | 1 | 678€ |
| 5147 | Maramond03378462 · Technology | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 5148 | Marco Trading03615375 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,242€ | — | 1 | 1,018€ |
| 5149 | Marde International03660630 · Trade | 0.0% | 0€ | No filing for 2024. | -6,782€ | — | 1 | 563€ |
| 5150 | Mare Adriatico02255880 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,401€ | — | 2 | 387€ |