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 1,051
* 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 | Adria Cement03783324 · Trade | 0.0% | 0€ | No filing for 2024. | -18,730€ | — | 1 | — |
| 502 | Ahi Lova Peta03746119 · Trade | 0.0% | 0€ | No filing for 2024. | -4,816€ | — | 1 | 401€ |
| 503 | Akc Montenegro Group03683974 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,214€ | — | 1 | 1,013€ |
| 504 | Aksa Process & Plant Engeneering03572480 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,094€ | — | 1 | 925€ |
| 505 | Albert & Abraham03617769 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 506 | Alfa Industries03226727 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,892€ | — | 1 | 928€ |
| 507 | Ally Expert Group03342000 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,054€ | — | 2 | 417€ |
| 508 | Amatec Company Mne03439089 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,920€ | — | 1 | 922€ |
| 509 | An Avia02785013 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,355€ | — | 1 | 1,338€ |
| 510 | Antic Art03791548 · Trade | 0.0% | 0€ | No filing for 2024. | -274€ | — | 0 | — |
| 511 | Arc Trading03703100 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,101€ | — | 1 | 675€ |
| 512 | Ary Yildirim Investment03609812 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 513 | Asaia Jasmine's Investment and Trade Company03692604 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 514 | Asm Oniz Montenegro03475727 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,114€ | — | 1 | 676€ |
| 515 | Assos03170594 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,001€ | — | 1 | 929€ |
| 516 | Asyay Machinery03616231 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,179€ | — | 1 | 678€ |
| 517 | Ata Aviation03755584 · Trade | 0.0% | 0€ | No filing for 2024. | -2,651€ | — | 1 | — |
| 518 | Ataser03161625 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 519 | Avemaris Trade and Shipping03565955 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,715€ | — | 2 | 651€ |
| 520 | Azel Monte03713377 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,030€ | — | 1 | 336€ |
| 521 | Balak International Trading03639304 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,241€ | — | 1 | 928€ |
| 522 | Balkanski Lukobran03374041 · Trade | 0.0% | 0€ | -100.0% | -13,766€ | — | 1 | 928€ |
| 523 | Banu June03542319 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,642€ | — | 1 | 678€ |
| 524 | Barchetta03132013 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,070€ | — | 1 | 338€ |
| 525 | Barka Group03764303 · Trade | 0.0% | 0€ | No filing for 2024. | -3,737€ | — | 1 | — |
| 526 | Baturglobal03757412 · Trade | 0.0% | 0€ | No filing for 2024. | -3,884€ | — | 1 | 324€ |
| 527 | Bead Trade03615545 · Trade | 0.0% | 0€ | No filing for 2024. | -4,624€ | — | 1 | 385€ |
| 528 | Beetech03640680 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,145€ | — | 1 | 676€ |
| 529 | Bio Consultancy03400999 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 530 | Bi Profesional03747212 · Trade | 0.0% | 0€ | No filing for 2024. | -1,932€ | — | 1 | — |
| 531 | Bkcmon Group03706885 · Trade | 0.0% | 0€ | No filing for 2024. | -6,413€ | — | 1 | 534€ |
| 532 | Bluefy Digital03396037 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,165€ | — | 1 | 674€ |
| 533 | Bluemoon Company03451984 · Trade | 0.0% | 0€ | -100.0% | -8,139€ | — | 1 | 675€ |
| 534 | Blue SKY Trading03550109 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,083€ | — | 1 | 851€ |
| 535 | Bomtuning03509516 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,116€ | — | 1 | 676€ |
| 536 | Boralefa03613127 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 537 | Bozaba Invest03630510 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,957€ | — | 1 | 676€ |
| 538 | Brightside Advertising03420051 · Trade | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 539 | Budvat Company03191311 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,197€ | — | 1 | 678€ |
| 540 | B. U. i - Investment02426544 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 541 | Cakabay Eq03583376 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,846€ | — | 1 | 678€ |
| 542 | Casual Habit03381587 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,723€ | — | 1 | 924€ |
| 543 | CKBY Rhinoplasty Eq03582396 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,874€ | — | 1 | 928€ |
| 544 | Class-Mode03382362 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 545 | Coastline Consulting03574466 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,133€ | — | 1 | 678€ |
| 546 | Coast of Progress Company03594939 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,179€ | — | 1 | 929€ |
| 547 | Coccinella03738868 · Trade | 0.0% | 0€ | No filing for 2024. | -6,940€ | — | 1 | 554€ |
| 548 | Corbonitbelarus03755169 · Trade | 0.0% | 0€ | No filing for 2024. | -5,001€ | — | 0 | — |
| 549 | Csa Celik03460347 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,892€ | — | 1 | 574€ |
| 550 | Cvkholdings03800750 · Trade | 0.0% | 0€ | No filing for 2024. | -1,146€ | — | 0 | — |