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 789
* 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 | Prana Pizza03697410 · Hospitality | <0.1% | 14€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,267€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 678€ |
| 502 | Baza03187179 · Hospitality | <0.1% | 4€ | No filing for 2024. | -16,575€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 590€ |
| 503 | Borus Company03287629 · Hospitality | <0.1% | 3€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,041€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |
| 504 | Ocean Trade03524272 · Hospitality | <0.1% | 1€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,900€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 728€ |
| 505 | Trocadero02427958 · Hospitality | <0.1% | 1€ | 0.0% | -8,689€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 674€ |
| 506 | 2K-Tourism-Mne03781291 · Hospitality | 0.0% | 0€ | No filing for 2024. | -678€ | — | 1 | — |
| 507 | 6 Novembar02245370 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,141€ | — | 1 | 674€ |
| 508 | Accent Restaurant03751961 · Hospitality | 0.0% | 0€ | No filing for 2024. | -5,463€ | — | 1 | 454€ |
| 509 | Adelaide - Montenegro02427885 · Hospitality | 0.0% | 0€ | -100.0% | -12,123€ | — | 1 | 677€ |
| 510 | Ademir03244946 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,011€ | — | 1 | 678€ |
| 511 | Adeptio03803007 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,361€ | — | 0 | — |
| 512 | Al-Nahda LLC03581306 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 513 | Armas03287904 · Hospitality | 0.0% | 0€ | -100.0% | -9,723€ | — | 1 | 630€ |
| 514 | Aronia Food Agriculture and Tourism Company03616428 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,094€ | — | 1 | 925€ |
| 515 | Arya Monte Company03709752 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -90,408€ | — | 3 | 1,567€ |
| 516 | Asden Group03531520 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,255€ | — | 1 | 928€ |
| 517 | Assa Travel03748324 · Hospitality | 0.0% | 0€ | No filing for 2024. | -9,495€ | — | 1 | 788€ |
| 518 | Astor03165981 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -24,968€ | — | 1 | 422€ |
| 519 | Ates Organization03621995 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,925€ | — | 1 | 678€ |
| 520 | Aytekin Company Mne03770834 · Hospitality | 0.0% | 0€ | No filing for 2024. | -554€ | — | 2 | — |
| 521 | Baker Street03541339 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,204€ | — | 1 | 678€ |
| 522 | Bella Vita Mne03609138 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 523 | Bengisu Group Company03724662 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,577€ | — | 0 | — |
| 524 | Berke Turizam03716287 · Hospitality | 0.0% | 0€ | No filing for 2024. | -11,993€ | — | 1 | 928€ |
| 525 | Bir'iz Group Company03732991 · Hospitality | 0.0% | 0€ | No filing for 2024. | -6,019€ | — | 0 | — |
| 526 | Bir-Ol World03723984 · Hospitality | 0.0% | 0€ | No filing for 2024. | -6,844€ | — | 1 | 570€ |
| 527 | Black Eagle Group Company03810178 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 528 | Bosmuju03736822 · Hospitality | 0.0% | 0€ | No filing for 2024. | -22,452€ | — | 1 | 1,027€ |
| 529 | Can Ece Group03778134 · Hospitality | 0.0% | 0€ | No filing for 2024. | -2,342€ | — | 1 | — |
| 530 | Coffee Charlie03729109 · Hospitality | 0.0% | 0€ | No filing for 2024. | -6,765€ | — | 0 | — |
| 531 | Company Hasanagic03273814 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,154€ | — | 1 | 679€ |
| 532 | Daily Dose Ice and Coffee03585115 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,087€ | — | 1 | 924€ |
| 533 | Đaka03708314 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,233€ | — | 1 | 678€ |
| 534 | Deka Mne03603261 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,369€ | — | 1 | 675€ |
| 535 | Destination of Me03161579 · Hospitality | 0.0% | 0€ | -100.0% | -8,187€ | — | 0 | — |
| 536 | Roychamp Trading LLC02433214 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,334€ | — | 1 | 677€ |
| 537 | Divasdy03587649 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 538 | Abt Group03681815 · Hospitality | 0.0% | 0€ | No filing for 2024. | -10,466€ | — | 1 | 774€ |
| 539 | Adsan International03520463 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 540 | Akgul Montenegro03792382 · Hospitality | 0.0% | 0€ | No filing for 2024. | -2,209€ | — | 2 | — |
| 541 | Algosolutions Mne03318834 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,156€ | — | 1 | 670€ |
| 542 | Alps Group03535592 · Hospitality | 0.0% | 0€ | -100.0% | -8,143€ | — | 1 | 670€ |
| 543 | Antey Company03483037 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 544 | Aqua Invest 1303689824 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,447€ | — | 1 | 670€ |
| 545 | Aqua RP02990598 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,671€ | — | 1 | 639€ |
| 546 | Arelina03232590 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 547 | Asb Group03655164 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,448€ | — | 2 | 597€ |
| 548 | A Travel FLY-Venus Travel03298493 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,046€ | — | 1 | — |
| 549 | Auto Fix Otomotiv03202615 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,153€ | — | 1 | 335€ |
| 550 | Baikal Siberia03467791 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,783€ | — | 4 | 678€ |