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 501–550 of 775
* 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* |
|---|
| 501 | Galeb Monte Consult03656195 · Construction | 0.0% | 0€ | -100.0% | -8,123€ | — | 1 | 677€ |
| 502 | Gerven03777375 · Construction | 0.0% | 0€ | No filing for 2024. | -1,788€ | — | 1 | — |
| 503 | G&M Group03775003 · Construction | 0.0% | 0€ | No filing for 2024. | -4,902€ | — | 1 | — |
| 504 | Golden Ali Kaan03650812 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 505 | Goldstone03095681 · Construction | 0.0% | 0€ | -100.0% | -8,101€ | — | 1 | 675€ |
| 506 | Green Land Real Estate and Mangement03585930 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,977€ | — | 1 | 678€ |
| 507 | Gules5503799867 · Construction | 0.0% | 0€ | No filing for 2024. | -10,236€ | — | 1 | 851€ |
| 508 | Guven Group03632539 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 509 | Harmony Construction03338258 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 510 | Hazevas03498948 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 511 | Hedef Group Mne03800920 · Construction | 0.0% | 0€ | No filing for 2024. | -1,073€ | — | 1 | — |
| 512 | Herdem Decoration03770761 · Construction | 0.0% | 0€ | No filing for 2024. | -3,559€ | — | 1 | — |
| 513 | Hidro-Instalacije RP02650533 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,426€ | — | 1 | 619€ |
| 514 | HNT Investment03804330 · Construction | 0.0% | 0€ | No filing for 2024. | -1,589€ | — | 0 | — |
| 515 | In - Gradnja02908000 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 516 | Inkorsa03467597 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,233€ | — | 1 | 916€ |
| 517 | Interior Fire03412466 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 518 | Isik Montenegro03492222 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 519 | Jadran Hotels03323366 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,164€ | — | 1 | 338€ |
| 520 | Jelko Group03217639 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,359€ | — | 1 | 677€ |
| 521 | Jeri&Co03578976 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 522 | Johny BY Good03175162 · Construction | 0.0% | 0€ | -100.0% | -8,171€ | — | 1 | 675€ |
| 523 | K2 Construct03758346 · Construction | 0.0% | 0€ | No filing for 2024. | -5,226€ | — | 1 | 425€ |
| 524 | Ka-En03521265 · Construction | 0.0% | 0€ | -100.0% | 781€ | — | 1 | — |
| 525 | Kayra Construction03545962 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 526 | Kazaz03555526 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 527 | Kod Stroyka03623017 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,963€ | — | 2 | 534€ |
| 528 | Komoševina03466175 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -44,828€ | — | 1 | 809€ |
| 529 | Koprenedri03694585 · Construction | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 530 | Labris03630056 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,605€ | — | 1 | 928€ |
| 531 | Laki Stroy03188957 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,071€ | — | 1 | 335€ |
| 532 | L' Amore03381692 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,577€ | — | 1 | 928€ |
| 533 | Lendmark Holding Montenegro02467909 · Construction | 0.0% | 0€ | -100.0% | -11,057€ | — | 1 | 677€ |
| 534 | Leon-Komerc03154700 · Construction | 0.0% | 0€ | -100.0% | -8,358€ | — | 1 | 678€ |
| 535 | Level Up Architecture Company03309037 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 2 | — |
| 536 | Lighthouse02925621 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -23,704€ | — | 1 | 922€ |
| 537 | Liko02659476 · Construction | 0.0% | 0€ | -100.0% | -11,883€ | — | 1 | 335€ |
| 538 | LM Gradnja03801829 · Construction | 0.0% | 0€ | No filing for 2024. | -237€ | — | 1 | — |
| 539 | Lokasyon Construction03287491 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 540 | Lukić Plus03244865 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,560€ | — | 1 | 670€ |
| 541 | Luss Investment03683001 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,839€ | — | 1 | 916€ |
| 542 | MDS Group03501655 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,714€ | — | 1 | — |
| 543 | MDW Company03297349 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -21,898€ | — | 1 | 678€ |
| 544 | Medpers03544443 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,814€ | — | 1 | 928€ |
| 545 | MF Invest02676737 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 546 | Mifini03287246 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 674€ |
| 547 | MNS Brothers Construction03287505 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 548 | Mok Inženjering Mne03613615 · Construction | 0.0% | 0€ | -100.0% | -16,278€ | — | 2 | 678€ |
| 549 | Mono Arhitekt03627586 · Construction | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 550 | Monte Crystal03729397 · Construction | 0.0% | 0€ | No filing for 2024. | -1,680€ | — | 0 | — |