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 5201–5250 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* |
|---|
| 5201 | Mond Trade02436035 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 5202 | Montana Bay Properties03746569 · Construction | 0.0% | 0€ | No filing for 2024. | -1,431€ | — | 1 | — |
| 5203 | Montazah03585760 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,209€ | — | 1 | 675€ |
| 5204 | Monte Data Expert03521893 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,149€ | — | 1 | 678€ |
| 5205 | Montefries03579280 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,062€ | — | 1 | 339€ |
| 5206 | Monte Invest & Consulting03200027 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,458€ | — | 1 | 621€ |
| 5207 | Montekonstrukt03801241 · Construction | 0.0% | 0€ | No filing for 2024. | -6,289€ | — | 1 | — |
| 5208 | Montelix Group Mne03414442 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,085€ | — | 1 | 675€ |
| 5209 | Montemare02406764 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 5210 | Montenegro Adriatic Estate02626276 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,119€ | — | 0 | — |
| 5211 | Montenegro Perfect Estate02635461 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,620€ | — | 1 | 677€ |
| 5212 | Mon Tera Tours02260727 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,731€ | — | 2 | 523€ |
| 5213 | Montterra03633942 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,533€ | — | 1 | 678€ |
| 5214 | Montwells03609499 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,200€ | — | 1 | 675€ |
| 5215 | Mount Team Company03625885 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,376€ | — | 1 | 675€ |
| 5216 | Mozse Construction and Trade Company03442535 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,180€ | — | 1 | 676€ |
| 5217 | MP-Travel03041492 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,031€ | — | 1 | — |
| 5218 | Mrcxsolution03603385 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,413€ | — | 1 | 675€ |
| 5219 | MR Grass03487229 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,013€ | — | 1 | — |
| 5220 | Mtech-Development03771431 · Technology | 0.0% | 0€ | No filing for 2024. | -113€ | — | 0 | — |
| 5221 | Mulu03615286 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5222 | Musetash Montenegro03407942 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5223 | Mynefes03395936 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,445€ | — | 1 | 678€ |
| 5224 | MY Space Montenegro03609871 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,460€ | — | 1 | 622€ |
| 5225 | Nadežda-Turist02883325 · Hospitality | 0.0% | 0€ | -100.0% | -11,826€ | — | 1 | 774€ |
| 5226 | Nanospek03617408 · Manufacturing | 0.0% | 0€ | -100.0% | -27,978€ | — | 1 | 928€ |
| 5227 | Napstel Montenegro03781020 · Professional services | 0.0% | 0€ | No filing for 2024. | -1,600€ | — | 1 | — |
| 5228 | Nard03759229 · Construction | 0.0% | 0€ | No filing for 2024. | -5,675€ | — | 1 | — |
| 5229 | Natalis03008118 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,226€ | — | 1 | 341€ |
| 5230 | Navi_five03593959 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5231 | Ndora Montenegro03587657 · Manufacturing | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,138€ | — | 1 | 928€ |
| 5232 | Nefes Foods Company03382443 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,020€ | — | 1 | 335€ |
| 5233 | Negroplus03329151 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,305€ | — | 1 | 675€ |
| 5234 | Nemo Investolegal03395952 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5235 | Neo Investment & Ventures03243460 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 5236 | Nesa Kozmetik03578909 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,194€ | — | 1 | 735€ |
| 5237 | Ness Group03627144 · Agriculture | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,565€ | — | 1 | 677€ |
| 5238 | Neun Group03661873 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5239 | Nevk Invest03591018 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,656€ | — | 1 | 678€ |
| 5240 | Budva02005395 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,275€ | — | 0 | — |
| 5241 | Eduteka11057551 · Public & nonprofit | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 5242 | Newpassion202303596397 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5243 | New Village03412725 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -18,017€ | — | 1 | — |
| 5244 | Nexgenbiz03735567 · Trade | 0.0% | 0€ | No filing for 2024. | -6,302€ | — | 1 | 499€ |
| 5245 | Nightshade03557227 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,115€ | — | 2 | 684€ |
| 5246 | Nilo KZY03624811 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5247 | Nioi Group03746461 · Hospitality | 0.0% | 0€ | No filing for 2024. | -5,272€ | — | 1 | 416€ |
| 5248 | No4103606767 · Transport & logistics | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 5249 | Nolocator03248089 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,140€ | — | 1 | 678€ |
| 5250 | Nomad Eonix03457672 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,728€ | — | 1 | 615€ |