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 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* |
|---|
| 551 | Vini Pu02858843 · Education | <0.1% | 263,593€ | +18.6% | 2,963€ | 1.1% | 14 | 918€ |
| 552 | MM Steel Company03330877 · Trade | <0.1% | 262,480€ | -5.1% | 20,708€ | 7.9% | 1 | 670€ |
| 553 | Mitrović Co02083426 · Hospitality | <0.1% | 261,482€ | -34.8% | -21,638€ | -8.3% | 8 | 859€ |
| 554 | G&T Group02958333 · Trade | <0.1% | 261,127€ | -17.2% | 3,366€ | 1.3% | 5 | 691€ |
| 555 | Slo Construction03229351 · Construction | <0.1% | 260,066€ | +1,194.8% | 251,963€ | 96.9% | 1 | 675€ |
| 556 | Gastro-Win03356043 · Trade | <0.1% | 259,730€ | +52.7% | 9,093€ | 3.5% | 1 | 860€ |
| 557 | Universal Trade02853744 · Construction | <0.1% | 259,232€ | -52.2% | -288,510€ | -111.3% | 7 | 806€ |
| 558 | Mac Sun D.M.C. Montenegro03302539 · Administrative services | <0.1% | 259,191€ | -8.2% | 1,058€ | 0.4% | 10 | 1,596€ |
| 559 | Ceklin 102978172 · Trade | <0.1% | 258,711€ | +362.9% | 12,136€ | 4.7% | 3 | 444€ |
| 560 | Status-M03070719 · Real estate | <0.1% | 258,605€ | +16.8% | 19,803€ | 7.7% | 5 | 1,149€ |
| 561 | Evkowski02848970 · Construction | <0.1% | 258,534€ | -43.1% | -272,483€ | -105.4% | 2 | 2,452€ |
| 562 | Sunny City03582892 · Construction | <0.1% | 258,247€ | +35.2% | 20,304€ | 7.9% | 7 | 1,421€ |
| 563 | Montenegro Tour Organisation03291251 · Administrative services | <0.1% | 256,797€ | -9.3% | 49,672€ | 19.3% | 7 | 1,741€ |
| 564 | Sole Adriatic03168476 · Hospitality | <0.1% | 254,400€ | +37.3% | 3,183€ | 1.3% | 6 | 1,402€ |
| 565 | Four Views Properties03403866 · Hospitality | <0.1% | 253,224€ | -15.4% | 19,987€ | 7.9% | 3 | 2,083€ |
| 566 | New Port03569519 · Administrative services | <0.1% | 252,856€ | -34.5% | 71,739€ | 28.4% | 2 | 377€ |
| 567 | Dominanta02917807 · Professional services | <0.1% | 252,416€ | -23.0% | 92,125€ | 36.5% | 8 | 1,058€ |
| 568 | Rasta02431351 · Hospitality | <0.1% | 252,240€ | -2.9% | 28,897€ | 11.5% | 3 | 617€ |
| 569 | Construction Star03571360 · Professional services | <0.1% | 249,526€ | +8.1% | 91,079€ | 36.5% | 1 | 678€ |
| 570 | Adriatic Dream Estate03659771 · Real estate | <0.1% | 248,373€ | +14.8% | -23,719€ | -9.5% | 4 | 1,047€ |
| 571 | Adria Line02932156 · Administrative services | <0.1% | 247,115€ | +45.1% | 3,568€ | 1.4% | 1 | 18,667€ |
| 572 | Hotelijer03157385 · Professional services | <0.1% | 246,673€ | +3.6% | 22,027€ | 8.9% | 4 | 2,202€ |
| 573 | MM Grupa03246787 · Construction | <0.1% | 246,272€ | +245.6% | 3,609€ | 1.5% | 1 | 6,923€ |
| 574 | Free Point03451585 · Trade | <0.1% | 245,690€ | +9.9% | -873€ | -0.4% | 2 | 1,631€ |
| 575 | Mykonut03166287 · Real estate | <0.1% | 243,637€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 98,290€ | 40.3% | 4 | 945€ |
| 576 | Vanessa Turist02111853 · Hospitality | <0.1% | 243,456€ | -6.8% | 25,525€ | 10.5% | 5 | 1,249€ |
| 577 | Centurion Investment & Development03190293 · Construction | <0.1% | 243,246€ | -41.1% | -225,868€ | -92.9% | 6 | 2,085€ |
| 578 | Helios Promet02054132 · Hospitality | <0.1% | 242,381€ | +10.7% | 38,445€ | 15.9% | 2 | 563€ |
| 579 | Adriatik Investment02818876 · Construction | <0.1% | 241,947€ | +94.3% | 52,934€ | 21.9% | 3 | 773€ |
| 580 | Peg02750937 · Construction | <0.1% | 241,752€ | +7.8% | 72,769€ | 30.1% | 3 | 556€ |
| 581 | Mives Group03284913 · Hospitality | <0.1% | 241,510€ | +0.4% | 150,378€ | 62.3% | 2 | 897€ |
| 582 | Smart Choice03658171 · Hospitality | <0.1% | 240,973€ | +112.0% | 116,167€ | 48.2% | 5 | 534€ |
| 583 | Edu Hub02979691 · Education | <0.1% | 240,242€ | -19.8% | -142,873€ | -59.5% | 10 | 2,049€ |
| 584 | Tropicana 202928523 · Hospitality | <0.1% | 239,675€ | +20.6% | -5,035€ | -2.1% | 5 | 815€ |
| 585 | N V03039030 · Hospitality | <0.1% | 238,645€ | -26.8% | 13,932€ | 5.8% | 6 | 694€ |
| 586 | Pirates03000923 · Hospitality | <0.1% | 238,040€ | -22.9% | -14,850€ | -6.2% | 9 | 779€ |
| 587 | Adriatic Accounting03277712 · Professional services | <0.1% | 237,392€ | +139.9% | 81,879€ | 34.5% | 6 | 1,230€ |
| 588 | Krstin Montenegro03172082 · Trade | <0.1% | 237,128€ | -13.2% | 49,349€ | 20.8% | 4 | 815€ |
| 589 | O&M Investment Mne03117731 · Manufacturing | <0.1% | 236,992€ | +25.2% | 129,921€ | 54.8% | 1 | 678€ |
| 590 | Mix Markt 380903606643 · Trade | <0.1% | 235,786€ | -5.2% | -33,477€ | -14.2% | 3 | 1,061€ |
| 591 | Kalos Ambijent02653869 · Professional services | <0.1% | 235,680€ | -40.5% | 24,505€ | 10.4% | 3 | 932€ |
| 592 | Bolt Electro03194833 · Construction | <0.1% | 235,196€ | +269.7% | 107,193€ | 45.6% | 3 | 810€ |
| 593 | Adrialiga02730812 · Hospitality | <0.1% | 234,338€ | +70.9% | 43,437€ | 18.5% | 1 | 2,967€ |
| 594 | Hacunamatata02930331 · Transport & logistics | <0.1% | 233,989€ | +21.9% | -492€ | -0.2% | 8 | 779€ |
| 595 | La Monte02967189 · Trade | <0.1% | 233,450€ | +35.7% | 59,116€ | 25.3% | 3 | 808€ |
| 596 | Cadica03158802 · Hospitality | <0.1% | 233,354€ | +7.8% | -266,799€ | -114.3% | 3 | 10,802€ |
| 597 | Nova Development Company03306275 · Construction | <0.1% | 232,985€ | +36,823.1% | -77,548€ | -33.3% | 1 | 1,341€ |
| 598 | Larakash Stroy03413918 · Real estate | <0.1% | 232,764€ | -78.5% | 1,840€ | 0.8% | 1 | 795€ |
| 599 | Minmedia02435381 · Technology | <0.1% | 232,657€ | +32.0% | 16,248€ | 7.0% | 7 | 765€ |
| 600 | L&M 103357830 · Hospitality | <0.1% | 231,106€ | +5.0% | 3,260€ | 1.4% | 6 | 760€ |