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 5151–5200 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* |
|---|
| 5151 | Mashtala Import & Export03740323 · Trade | 0.0% | 0€ | No filing for 2024. | -11,633€ | — | 2 | 448€ |
| 5152 | Maxima&Mn03418758 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,775€ | — | 1 | 1,260€ |
| 5153 | Max-Madio03775658 · Personal services | 0.0% | 0€ | No filing for 2024. | -3,328€ | — | 1 | — |
| 5154 | MB Beg03712257 · Hospitality | 0.0% | 0€ | No filing for 2024. | -18,590€ | — | 1 | 607€ |
| 5155 | Medal03018849 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,370€ | — | 2 | 538€ |
| 5156 | Medconsult03474151 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 5157 | Medianlogistics03577970 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5158 | Medicalart Consultancy03208583 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5159 | Medjedovic M Budva03240959 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5160 | Mednjoy03404102 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5161 | Mefa Invest03682145 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,106€ | — | 1 | 676€ |
| 5162 | Meii02713306 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,000€ | — | 1 | 333€ |
| 5163 | Melek Machine03405532 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5164 | Melikoglu03603156 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,138€ | — | 1 | 922€ |
| 5165 | Memo Solutions03472370 · Education | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5166 | Meowlanguage03468739 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,156€ | — | 1 | 675€ |
| 5167 | Mernest Company03704246 · Professional services | 0.0% | 0€ | No filing for 2024. | -6,269€ | — | 1 | 522€ |
| 5168 | Mertali Group03720012 · Construction | 0.0% | 0€ | No filing for 2024. | -2,713€ | — | 1 | — |
| 5169 | Merveille03469760 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,144€ | — | 1 | 675€ |
| 5170 | Messi61-Mne03701883 · Construction | 0.0% | 0€ | No filing for 2024. | -6,782€ | — | 1 | 563€ |
| 5171 | Metar Pan03794261 · Hospitality | 0.0% | 0€ | No filing for 2024. | -407€ | — | 1 | — |
| 5172 | Metatech Software03176452 · Professional services | 0.0% | 0€ | -100.0% | -8,297€ | — | 1 | 685€ |
| 5173 | Metker Steel LTD03351971 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,771€ | — | 1 | 678€ |
| 5174 | Metrum-Mne03485854 · Hospitality | 0.0% | 0€ | -100.0% | -8,337€ | — | 2 | 335€ |
| 5175 | Meyer & Son03802779 · Technology | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 5176 | Meynur03402827 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,894€ | — | 1 | 676€ |
| 5177 | MFC Property03437418 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,766€ | — | 1 | 677€ |
| 5178 | Mga Monte03466540 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,017€ | — | 2 | 422€ |
| 5179 | MHT FSM03624790 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5180 | Mia Investments03207684 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 5181 | Michael-Wolfsburg02914689 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,306€ | — | 1 | 678€ |
| 5182 | Mikada Group Montenegro03511197 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,264€ | — | 1 | 926€ |
| 5183 | Miland02781999 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -38,521€ | — | 2 | 971€ |
| 5184 | Milda-Mne03498069 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,215€ | — | 1 | 675€ |
| 5185 | Millennium Montenegro03470407 · Professional services | 0.0% | 0€ | -100.0% | -8,416€ | — | 1 | 677€ |
| 5186 | Milo03328465 · Trade | 0.0% | 0€ | -100.0% | -9,179€ | — | 1 | 675€ |
| 5187 | Miracle Consulting03591565 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,510€ | — | 1 | 678€ |
| 5188 | Miromeo02826232 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 675€ |
| 5189 | Missim03445232 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,440€ | — | 1 | 675€ |
| 5190 | Mka Group03155803 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5191 | Mka Sales and Marketing03209105 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,760€ | — | 1 | 925€ |
| 5192 | MK - Grupa02978237 · Professional services | 0.0% | 0€ | -100.0% | -25,828€ | — | 3 | 670€ |
| 5193 | MK Investment Corporation03328503 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5194 | MKM Invest02689464 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,798€ | — | 1 | — |
| 5195 | MLH MR MRS03568822 · Trade | 0.0% | 0€ | -100.0% | -8,126€ | — | 1 | 677€ |
| 5196 | MLK Marketing and Consultancy03587606 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,158€ | — | 1 | 678€ |
| 5197 | MMT Pipe Company03382907 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,830€ | — | 1 | 569€ |
| 5198 | Mne4life03524566 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -44,699€ | — | 6 | 619€ |
| 5199 | Mobirey03537137 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,638€ | — | 1 | 675€ |
| 5200 | Moicon Consulting03572811 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,203€ | — | 1 | 676€ |