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 5251–5300 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* |
|---|
| 5251 | Norex Management Montenegro02751992 · Hospitality | 0.0% | 0€ | -100.0% | -18,859€ | — | 1 | 677€ |
| 5252 | Nova Construction03379051 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,275€ | — | 1 | 924€ |
| 5253 | Novakrono Group03781658 · Manufacturing | 0.0% | 0€ | No filing for 2024. | -2,251€ | — | 1 | — |
| 5254 | Nox Montenegro03497992 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,999€ | — | 1 | 670€ |
| 5255 | Nsa02996316 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,062€ | — | 1 | 339€ |
| 5256 | Nuvans03777278 · Administrative services | 0.0% | 0€ | No filing for 2024. | -1,908€ | — | 1 | — |
| 5257 | NYKS Company Mne03455203 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,179€ | — | 1 | 675€ |
| 5258 | Obereg-Tim03458067 · Personal services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,358€ | — | 1 | 678€ |
| 5259 | Ocean Power Systems03379426 · Trade | 0.0% | 0€ | -100.0% | -9,215€ | — | 1 | 675€ |
| 5260 | Octopus Bižuterija CG03793770 · Trade | 0.0% | 0€ | No filing for 2024. | -1,877€ | — | 1 | — |
| 5261 | Octo Trading & Logistics03476693 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,721€ | — | 1 | 675€ |
| 5262 | Odga03218732 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,598€ | — | 1 | 924€ |
| 5263 | Odin Design Construction03416046 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5264 | Ofirk Design03727351 · Technology | 0.0% | 0€ | No filing for 2024. | -4,276€ | — | 1 | 339€ |
| 5265 | Ogv International Trading03728072 · Hospitality | 0.0% | 0€ | No filing for 2024. | -6,591€ | — | 1 | 547€ |
| 5266 | Old House02656744 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5267 | Omay Global03658597 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,610€ | — | 1 | 675€ |
| 5268 | Omega12303769895 · Real estate | 0.0% | 0€ | No filing for 2024. | -4,123€ | — | 1 | 344€ |
| 5269 | Omnicom Global03330265 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,106€ | — | 1 | 676€ |
| 5270 | Ooo Delfinarija Montenegro03251195 · Agriculture | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5271 | Opera Auto03319474 · Administrative services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,867€ | — | 1 | 382€ |
| 5272 | Opicom03390047 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,836€ | — | 1 | 674€ |
| 5273 | Opium Mar03042073 · Construction | 0.0% | 0€ | -100.0% | -8,143€ | — | 1 | 670€ |
| 5274 | Optima Ai03764893 · Technology | 0.0% | 0€ | No filing for 2024. | -343€ | — | 0 | — |
| 5275 | Ora MN03332241 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,331€ | — | 1 | — |
| 5276 | Orangeleaf03327825 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,055€ | — | 1 | 928€ |
| 5277 | Organika Natural03247996 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,742€ | — | 1 | 977€ |
| 5278 | Orhan-Insaat03587550 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,144€ | — | 1 | 675€ |
| 5279 | Ortiga02703360 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -258,909€ | — | 1 | 612€ |
| 5280 | Oryap Construction03797783 · Construction | 0.0% | 0€ | No filing for 2024. | -1,442€ | — | 1 | — |
| 5281 | Osmera03602940 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,305€ | — | 1 | 678€ |
| 5282 | Ostafarma Medical03591441 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,161€ | — | 1 | 928€ |
| 5283 | Ostrovskaya Consulting03504913 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,058€ | — | 1 | 918€ |
| 5284 | Otonom Engineering Consulting03764273 · Professional services | 0.0% | 0€ | No filing for 2024. | -5,170€ | — | 1 | 374€ |
| 5285 | Otyyc Investment Company03380840 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,156€ | — | 1 | 675€ |
| 5286 | Ozde Construction & Decoration03593126 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,268€ | — | 1 | 676€ |
| 5287 | Ozide03657582 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,150€ | — | 1 | 675€ |
| 5288 | Ozl Group03362744 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,962€ | — | 1 | 1,028€ |
| 5289 | Partner Invest03375358 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,395€ | — | 1 | 678€ |
| 5290 | Patrons03555933 · Construction | 0.0% | 0€ | -100.0% | -12,929€ | — | 1 | 928€ |
| 5291 | Pay 4 You03526585 · Technology | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,131€ | — | 1 | 339€ |
| 5292 | Pazuzugame03419118 · Professional services | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,235€ | — | 1 | 678€ |
| 5293 | Peks Bu203798682 · Trade | 0.0% | 0€ | No filing for 2024. | -2,423€ | — | 1 | — |
| 5294 | Pera Group03169472 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 5295 | Perdiv & Lučić02156393 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -29,020€ | — | 2 | 339€ |
| 5296 | Perlas02979888 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,813€ | — | 1 | 408€ |
| 5297 | Petromed Montenegro02657163 · Real estate | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -29,169€ | — | 1 | 802€ |
| 5298 | Petrovic Alliance03773973 · Real estate | 0.0% | 0€ | No filing for 2024. | -4,475€ | — | 1 | 317€ |
| 5299 | Pfos03427218 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,398€ | — | 1 | 678€ |
| 5300 | Pharma Nice03247201 · Professional services | 0.0% | 0€ | -100.0% | -8,203€ | — | 1 | 678€ |