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 551–600 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* |
|---|
| 551 | Balance Mne03768945 · Hospitality | 0.0% | 0€ | No filing for 2024. | -3,323€ | — | 1 | — |
| 552 | Bglnetwork03563316 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,025€ | — | 1 | — |
| 553 | Biochem03527662 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,308€ | — | 1 | 684€ |
| 554 | Bird Trade Import Export03217833 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 555 | Bites03738507 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,402€ | — | 1 | 365€ |
| 556 | Black Dream03378276 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 557 | Blue Living03801691 · Hospitality | 0.0% | 0€ | No filing for 2024. | -974€ | — | 1 | — |
| 558 | BMW03236277 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 559 | Bobyrev Group03650502 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,993€ | — | 1 | 916€ |
| 560 | Boras03680312 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,112€ | — | 1 | 678€ |
| 561 | Bosu03694542 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 562 | Bte Company03523349 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,375€ | — | 1 | — |
| 563 | Budva M Apartments03268080 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,304€ | — | 2 | 630€ |
| 564 | Cano Mne03509052 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 565 | Casa Mia02937506 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,815€ | — | 1 | 677€ |
| 566 | Crab Tourism03640876 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 567 | Craft & Enjoy03782549 · Hospitality | 0.0% | 0€ | No filing for 2024. | -3,559€ | — | 2 | — |
| 568 | Crown Company03501400 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,207€ | — | 1 | 677€ |
| 569 | Čukovići03155676 · Hospitality | 0.0% | 0€ | -100.0% | -2,379€ | — | 1 | — |
| 570 | Delovie Ludy03378195 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 571 | Demirdag Investment03664287 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,143€ | — | 1 | 916€ |
| 572 | Doga’l03588807 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 573 | Dogan Company03556514 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,142€ | — | 1 | — |
| 574 | DRL Tech03520382 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,701€ | — | 1 | 675€ |
| 575 | Dzintars03500578 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,021€ | — | 1 | 926€ |
| 576 | Eco Vash Dom Company03387062 · Hospitality | 0.0% | 0€ | -100.0% | -8,379€ | — | 1 | 677€ |
| 577 | El Mio Mondo03681521 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,781€ | — | 1 | — |
| 578 | El Miracle03437191 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,598€ | — | 1 | 916€ |
| 579 | Endorphin03686396 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -12,219€ | — | 1 | 927€ |
| 580 | Erdurogullari03580717 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 581 | Esum03762696 · Hospitality | 0.0% | 0€ | No filing for 2024. | -3,452€ | — | 1 | — |
| 582 | Ferromer03268934 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 583 | Food of Fire03660508 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,100€ | — | 1 | 675€ |
| 584 | General Mineral03693252 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -14,703€ | — | 1 | 1,105€ |
| 585 | Golf Flat Rent03559114 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,232€ | — | 1 | 1,347€ |
| 586 | Green Medicine03619524 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,054€ | — | 1 | 670€ |
| 587 | Greenville02469162 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,965€ | — | 1 | 653€ |
| 588 | GYPSY03801527 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,878€ | — | 1 | — |
| 589 | Hawk Group03663205 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,116€ | — | 1 | 676€ |
| 590 | HDC Montenegro03551369 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,036€ | — | 1 | — |
| 591 | Healthy Time03547507 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 592 | Herdaim Mudavim03468836 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 593 | Hotelski Menadžment Mne03700267 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,998€ | — | 1 | 667€ |
| 594 | I&I Brothers03797082 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1€ | — | 1 | — |
| 595 | Iliywka03788431 · Hospitality | 0.0% | 0€ | No filing for 2024. | -1,286€ | — | 1 | — |
| 596 | Il Mare Mne03668746 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 597 | Inter Ami03775313 · Hospitality | 0.0% | 0€ | No filing for 2024. | -2,904€ | — | 1 | — |
| 598 | Internacional Budva03001474 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 599 | Jovan Consulting03700933 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -26,186€ | — | 1 | 676€ |
| 600 | Julion Group03766870 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,498€ | — | 1 | 373€ |