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 651–700 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* |
|---|
| 651 | Inna Group03703401 · Hospitality | <0.1% | 201,827€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 32,445€ | 16.1% | 1 | 3,528€ |
| 652 | Robotas Construction03370224 · Construction | <0.1% | 201,728€ | +5.9% | 1,452€ | 0.7% | 5 | 766€ |
| 653 | RM Mediterraneo02703505 · Hospitality | <0.1% | 201,575€ | +21.7% | -8,168€ | -4.1% | 4 | 1,254€ |
| 654 | Oliver - Ing02915987 · Professional services | <0.1% | 200,595€ | -41.7% | -6,359€ | -3.2% | 13 | 898€ |
| 655 | Feral Stari Grad03343219 · Hospitality | <0.1% | 200,429€ | +13.4% | 10,012€ | 5.0% | 3 | 1,598€ |
| 656 | NGP Line03462145 · Hospitality | <0.1% | 200,239€ | +3.7% | -8,018€ | -4.0% | 8 | 840€ |
| 657 | D. I. T - A02677652 · Trade | <0.1% | 200,158€ | -6.4% | 23,824€ | 11.9% | 2 | 869€ |
| 658 | Zomilus03103811 · Hospitality | <0.1% | 200,043€ | +7.7% | 27,489€ | 13.7% | 4 | 1,139€ |
| 659 | Montenegro Stars Management03355071 · Professional services | <0.1% | 200,001€ | -27.0% | 89,567€ | 44.8% | 1 | 8,198€ |
| 660 | Gard Commerce02210126 · Hospitality | <0.1% | 199,984€ | -5.1% | 9,459€ | 4.7% | 5 | 878€ |
| 661 | 3. Septembar03037649 · Trade | <0.1% | 199,116€ | +12.8% | 22,253€ | 11.2% | 2 | 1,093€ |
| 662 | Waves-Budva03157881 · Education | <0.1% | 198,745€ | -1.4% | 4,139€ | 2.1% | 6 | 1,206€ |
| 663 | Aktiva Sistem02879301 · Professional services | <0.1% | 198,558€ | +22.9% | 44,384€ | 22.4% | 8 | 1,098€ |
| 664 | SKY Engeneering03378586 · Hospitality | <0.1% | 197,135€ | +58.4% | -119,775€ | -60.8% | 2 | 1,919€ |
| 665 | Zvis02189909 · Trade | <0.1% | 196,903€ | -14.8% | 2,237€ | 1.1% | 3 | 667€ |
| 666 | Velvet Ip Holding & Consulting03435415 · Professional services | <0.1% | 196,453€ | +20.3% | 7,826€ | 4.0% | 1 | 5,002€ |
| 667 | Ponta Petrovac02786966 · Hospitality | <0.1% | 195,199€ | -1.1% | -23,522€ | -12.1% | 4 | 475€ |
| 668 | Blue Mare Montenegro02959402 · Transport & logistics | <0.1% | 193,571€ | +198.6% | 82,732€ | 42.7% | 4 | 800€ |
| 669 | Boki02835029 · Professional services | <0.1% | 193,461€ | +3.3% | 6,158€ | 3.2% | 10 | 865€ |
| 670 | Jakii03452263 · Hospitality | <0.1% | 192,962€ | -61.3% | 15,083€ | 7.8% | 6 | 1,094€ |
| 671 | Nikudina03344126 · Hospitality | <0.1% | 192,925€ | -17.7% | -18,277€ | -9.5% | 4 | 682€ |
| 672 | Četvorka 44403608310 · Arts & entertainment | <0.1% | 192,319€ | +49.3% | -10,891€ | -5.7% | 8 | 496€ |
| 673 | Senergy03373797 · Real estate | <0.1% | 192,153€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 68,845€ | 35.8% | 1 | 678€ |
| 674 | M.C.S03615782 · Hospitality | <0.1% | 192,144€ | +419.9% | -44,481€ | -23.1% | 4 | 1,279€ |
| 675 | Crystal Wash03736008 · Personal services | <0.1% | 192,014€ | No filing for 2024. | 57,998€ | 30.2% | 1 | 931€ |
| 676 | Ab - Service03636160 · Technology | <0.1% | 191,973€ | +44.2% | 2,187€ | 1.1% | 1 | 932€ |
| 677 | Trotters Brothers03208141 · Hospitality | <0.1% | 191,462€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -25,130€ | -13.1% | 5 | 492€ |
| 678 | Center For Dental Implantology and Cosmetic Dentistry - Dental Montenegro02407680 · Health & social care | <0.1% | 191,036€ | -23.3% | -50,488€ | -26.4% | 6 | 1,485€ |
| 679 | Menu+03260313 · Trade | <0.1% | 190,964€ | -2.9% | 2,491€ | 1.3% | 1 | 470€ |
| 680 | Cypherlink03127788 · Technology | <0.1% | 189,450€ | -8.2% | 1,427€ | 0.8% | 1 | 1,140€ |
| 681 | Pižun03653269 · Hospitality | <0.1% | 188,875€ | +114.4% | 31,619€ | 16.7% | 2 | 841€ |
| 682 | Bošković02083272 · Trade | <0.1% | 188,779€ | -12.2% | -39,687€ | -21.0% | 5 | 787€ |
| 683 | Notre Maison03238121 · Hospitality | <0.1% | 188,693€ | +43.0% | 40,081€ | 21.2% | 2 | 444€ |
| 684 | Don Invesment03027902 · Construction | <0.1% | 188,303€ | +1.3% | 48,068€ | 25.5% | 0 | — |
| 685 | Kovačević-Prevoz02625300 · Transport & logistics | <0.1% | 188,206€ | +44.6% | 67,620€ | 35.9% | 3 | 954€ |
| 686 | Fluffy Pancakes03725782 · Hospitality | <0.1% | 187,805€ | No filing for 2024. | 28,097€ | 15.0% | 7 | 690€ |
| 687 | Allende Mne03358682 · Hospitality | <0.1% | 187,695€ | +13.3% | 48,769€ | 26.0% | 3 | 1,003€ |
| 688 | Nestorović Gradnja03312909 · Construction | <0.1% | 187,455€ | +13.5% | -21,236€ | -11.3% | 14 | 769€ |
| 689 | Pool Chemicals03060730 · Trade | <0.1% | 187,080€ | +1.5% | 42,826€ | 22.9% | 2 | 1,324€ |
| 690 | Naiad Consulting03375021 · Professional services | <0.1% | 186,784€ | +33.0% | -34,887€ | -18.7% | 11 | 483€ |
| 691 | Plavi Talasi03261875 · Hospitality | <0.1% | 186,738€ | +10.1% | -36,379€ | -19.5% | 8 | 1,110€ |
| 692 | Olympic Summer03080595 · Hospitality | <0.1% | 186,640€ | +15.4% | 14,506€ | 7.8% | 8 | — |
| 693 | Copy Net02697416 · Real estate | <0.1% | 186,566€ | +3.3% | 1,796€ | 1.0% | 13 | 732€ |
| 694 | Arikans Group03374815 · Trade | <0.1% | 186,345€ | +20.8% | 16,724€ | 9.0% | 4 | 1,045€ |
| 695 | Piloninternational02379511 · Administrative services | <0.1% | 185,839€ | -82.3% | 88,542€ | 47.6% | 4 | 1,150€ |
| 696 | MV Mandrać02820862 · Hospitality | <0.1% | 185,656€ | -9.0% | -11,201€ | -6.0% | 5 | 510€ |
| 697 | Come Hear03136086 · Construction | <0.1% | 185,397€ | -79.3% | 1,042€ | 0.6% | 4 | 936€ |
| 698 | New International Investment Project Limited Montenegro03276139 · Real estate | <0.1% | 185,163€ | +3.2% | 41,399€ | 22.4% | 1 | 338€ |
| 699 | Trio Gušt03701379 · Hospitality | <0.1% | 184,897€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,564€ | -6.3% | 6 | 661€ |
| 700 | Lontano02872455 · Transport & logistics | <0.1% | 183,573€ | +45.3% | 2,238€ | 1.2% | 3 | 1,218€ |