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 601–650 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* |
|---|
| 601 | Eco Clean02699133 · Administrative services | <0.1% | 229,972€ | -77.5% | 16,945€ | 7.4% | 8 | 1,039€ |
| 602 | Tanopex03087603 · Hospitality | <0.1% | 229,879€ | +6.0% | 50,480€ | 22.0% | 4 | 622€ |
| 603 | Oktel - Oprema02397331 · Trade | <0.1% | 229,123€ | -57.3% | -103,644€ | -45.2% | 4 | 1,591€ |
| 604 | Pro Mare02747561 · Trade | <0.1% | 228,695€ | +4.1% | 16,648€ | 7.3% | 3 | 1,034€ |
| 605 | Titulum03125408 · Construction | <0.1% | 226,540€ | +856.1% | -78,747€ | -34.8% | 6 | 1,055€ |
| 606 | Kiprijan03095495 · Trade | <0.1% | 226,366€ | -15.9% | 20,253€ | 8.9% | 2 | 1,896€ |
| 607 | Mix Markt 381003654257 · Trade | <0.1% | 226,366€ | +83.1% | -45,491€ | -20.1% | 3 | 701€ |
| 608 | La Casa Tourism03601811 · Hospitality | <0.1% | 226,250€ | +9,572.9% | 62,820€ | 27.8% | 0 | — |
| 609 | Prostor Plus MN03008223 · Construction | <0.1% | 226,012€ | -18.0% | 3,077€ | 1.4% | 2 | 4,920€ |
| 610 | Budva Plaza Servis02793504 · Administrative services | <0.1% | 224,951€ | -0.2% | -31,025€ | -13.8% | 9 | 1,386€ |
| 611 | Fleet&Go03722660 · Transport & logistics | <0.1% | 224,633€ | No filing for 2024. | 44,417€ | 19.8% | 4 | 566€ |
| 612 | The House Project03291421 · Construction | <0.1% | 224,340€ | +167.1% | 81,097€ | 36.1% | 1 | 2,488€ |
| 613 | Jikon02327147 · Professional services | <0.1% | 223,643€ | +2.1% | 28,835€ | 12.9% | 11 | 1,267€ |
| 614 | Brera Plus Ik03142787 · Hospitality | <0.1% | 222,715€ | -4.1% | 48,936€ | 22.0% | 4 | 618€ |
| 615 | Oak Leaf Residences03168077 · Hospitality | <0.1% | 222,227€ | -7.9% | -59,966€ | -27.0% | 10 | 668€ |
| 616 | Peks Company03746275 · Hospitality | <0.1% | 222,194€ | No filing for 2024. | 70,807€ | 31.9% | 1 | 803€ |
| 617 | Studio DLD02400529 · Technology | <0.1% | 221,077€ | +3.3% | 1,046€ | 0.5% | 3 | 4,205€ |
| 618 | Hestia Invest03003574 · Construction | <0.1% | 220,587€ | +70.4% | -37,825€ | -17.1% | 5 | 534€ |
| 619 | Steel Technic03693708 · Manufacturing | <0.1% | 220,477€ | +1,011.6% | 17,640€ | 8.0% | 1 | 413€ |
| 620 | Fakultet za Biznis i Turizam Budva02744295 · Education | <0.1% | 219,282€ | +4.7% | 3,328€ | 1.5% | 8 | 1,460€ |
| 621 | B&K Audit and Consultancy03174638 · Professional services | <0.1% | 217,423€ | -15.0% | 201,991€ | 92.9% | 1 | 1,106€ |
| 622 | Adria Medical02713365 · Health & social care | <0.1% | 215,730€ | +29.1% | -13,309€ | -6.2% | 7 | 1,461€ |
| 623 | KW-Mont02832682 · Construction | <0.1% | 215,588€ | -22.3% | 4,321€ | 2.0% | 3 | 1,292€ |
| 624 | Moj Svijet02850702 · Education | <0.1% | 214,992€ | +8.7% | 2,823€ | 1.3% | 15 | 816€ |
| 625 | River of Happiness02976072 · Hospitality | <0.1% | 214,537€ | +45.4% | -42,511€ | -19.8% | 9 | 825€ |
| 626 | Trida-Me03077900 · Arts & entertainment | <0.1% | 212,874€ | -16.7% | -9,238€ | -4.3% | 1 | 404€ |
| 627 | Alla03075451 · Hospitality | <0.1% | 211,641€ | +139.6% | -26,611€ | -12.6% | 5 | 658€ |
| 628 | Piperska Stijena02970996 · Hospitality | <0.1% | 211,236€ | +12.5% | -32,471€ | -15.4% | 10 | 765€ |
| 629 | R & S Maini03543439 · Hospitality | <0.1% | 210,346€ | +33.4% | 3,472€ | 1.7% | 4 | 1,154€ |
| 630 | Verum Consulting03244423 · Professional services | <0.1% | 210,191€ | -2.7% | 4,656€ | 2.2% | 8 | 1,439€ |
| 631 | Carlson Group03171124 · Administrative services | <0.1% | 209,604€ | +10.8% | -3,486€ | -1.7% | 8 | 807€ |
| 632 | 35 Izmir03226506 · Trade | <0.1% | 209,233€ | +9.6% | 807€ | 0.4% | 1 | 928€ |
| 633 | MV Nobel02920158 · Hospitality | <0.1% | 209,189€ | +52.1% | 18,754€ | 9.0% | 4 | 1,124€ |
| 634 | Mediterranean Small Hotel Group03522385 · Professional services | <0.1% | 208,780€ | +8.3% | -33,719€ | -16.2% | 1 | 395€ |
| 635 | ZDB Group Company03743314 · Hospitality | <0.1% | 208,770€ | No filing for 2024. | 48,738€ | 23.3% | 4 | 358€ |
| 636 | Champsei03687619 · Administrative services | <0.1% | 208,681€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 29,944€ | 14.3% | 20 | 608€ |
| 637 | Tehniko System03045030 · Construction | <0.1% | 208,638€ | -19.6% | -22,498€ | -10.8% | 3 | 958€ |
| 638 | Adexacademy LTD03231941 · Professional services | <0.1% | 208,153€ | +255.0% | 134,342€ | 64.5% | 1 | 3,663€ |
| 639 | Mikana03431924 · Personal services | <0.1% | 207,603€ | +116.6% | 11,586€ | 5.6% | 15 | 688€ |
| 640 | Zenith Strategies03615456 · Trade | <0.1% | 206,960€ | +175.9% | 69,766€ | 33.7% | 15 | 745€ |
| 641 | Filip 00703063186 · Trade | <0.1% | 205,997€ | +8.0% | -11,363€ | -5.5% | 3 | — |
| 642 | DK Invest Group03309169 · Construction | <0.1% | 205,615€ | -27.6% | -33,324€ | -16.2% | 3 | 1,759€ |
| 643 | Tabu02876337 · Hospitality | <0.1% | 205,025€ | -38.4% | 59,739€ | 29.1% | 2 | 1,216€ |
| 644 | Camping Maslina02941023 · Hospitality | <0.1% | 204,901€ | +44.1% | 1,075€ | 0.5% | 2 | 2,389€ |
| 645 | Hidro-Vision03361985 · Construction | <0.1% | 203,867€ | +45.9% | 49,017€ | 24.0% | 3 | 837€ |
| 646 | Meat&Burger03687180 · Hospitality | <0.1% | 203,734€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -33,902€ | -16.6% | 7 | 585€ |
| 647 | Vip Taxi02712261 · Transport & logistics | <0.1% | 203,334€ | -22.0% | 9,011€ | 4.4% | 2 | 1,303€ |
| 648 | SLS Maini03372502 · Hospitality | <0.1% | 203,132€ | -17.0% | -24,960€ | -12.3% | 9 | 623€ |
| 649 | Don - Street02645980 · Transport & logistics | <0.1% | 202,374€ | +5.7% | 7,649€ | 3.8% | 8 | 719€ |
| 650 | Malm Management and Consulting03497330 · Professional services | <0.1% | 202,243€ | +39.2% | 160,964€ | 79.6% | 1 | 1,567€ |