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 701–750 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* |
|---|
| 701 | Romanoff02622459 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -22,476€ | — | 3 | 624€ |
| 702 | Group Tour02405768 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,462€ | — | 2 | 510€ |
| 703 | Jessie Med03788440 · Hospitality | 0.0% | 0€ | No filing for 2024. | -2,363€ | — | 1 | — |
| 704 | D.S.G.03127486 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9€ | — | 1 | — |
| 705 | Duga Rima03230287 · Hospitality | 0.0% | 0€ | -100.0% | -11,745€ | — | 1 | 922€ |
| 706 | Efe03702022 · Hospitality | 0.0% | 0€ | No filing for 2024. | -7,630€ | — | 1 | 634€ |
| 707 | Eka202203737853 · Hospitality | 0.0% | 0€ | No filing for 2024. | -5,703€ | — | 1 | 475€ |
| 708 | Elf Global Mne03729320 · Hospitality | 0.0% | 0€ | No filing for 2024. | -6,845€ | — | 1 | 568€ |
| 709 | Elif Umay03752143 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,078€ | — | 1 | 362€ |
| 710 | Eos Tuna03731936 · Hospitality | 0.0% | 0€ | No filing for 2024. | -5,642€ | — | 1 | 470€ |
| 711 | Erkmen Enterprise03693635 · Hospitality | 0.0% | 0€ | -100.0% | -8,152€ | — | 1 | 678€ |
| 712 | Eva Mne03645401 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,139€ | — | 1 | 928€ |
| 713 | Eva ZD03717992 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,320€ | — | 1 | 527€ |
| 714 | Evrolux02670488 · Hospitality | 0.0% | 0€ | -100.0% | -6,804€ | — | 1 | 565€ |
| 715 | Farine03628787 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,838€ | — | 1 | 453€ |
| 716 | FC Peitsch Mne03742539 · Hospitality | 0.0% | 0€ | No filing for 2024. | -5,879€ | — | 2 | — |
| 717 | Focus Global Mne03712656 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,613€ | — | 1 | 466€ |
| 718 | Fof- Rađenović02123746 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -39€ | — | — | — |
| 719 | Future Idea03609081 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 720 | Gallia03436918 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,253€ | — | 1 | — |
| 721 | Gattina02889315 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,433€ | — | 1 | 555€ |
| 722 | GCM Corporation03713440 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,038€ | — | 1 | 337€ |
| 723 | Gift For Mirai03397424 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1€ | — | 1 | — |
| 724 | Giv Company03171701 · Hospitality | 0.0% | 0€ | -100.0% | -4,061€ | — | 1 | 338€ |
| 725 | Glenn Group03727742 · Hospitality | 0.0% | 0€ | No filing for 2024. | -59,681€ | — | 9 | 535€ |
| 726 | Gulerinn03625001 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 727 | Gursoy Group03580938 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,227€ | — | 1 | 676€ |
| 728 | Harmonica Montenegro03662357 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,502€ | — | 1 | 678€ |
| 729 | Hera Cafe Turizm03447995 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 730 | Highbury Carlton Group03767043 · Hospitality | 0.0% | 0€ | No filing for 2024. | -4,732€ | — | 1 | 394€ |
| 731 | Hotel Internacional03674711 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -143,786€ | — | 2 | 828€ |
| 732 | Bam Montenegro02850028 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -35,598€ | — | 1 | 339€ |
| 733 | Ibrahim Kerem Group Mne03401804 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,018€ | — | 1 | 675€ |
| 734 | Ik Tourism03632555 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 735 | Jadran Turs02200422 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,013€ | — | 1 | 584€ |
| 736 | JM Mne03303314 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,715€ | — | 1 | 558€ |
| 737 | Kaan Enerji Insaat03641708 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,284€ | — | 1 | 675€ |
| 738 | Kartal BJK Group03597032 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,284€ | — | 1 | 678€ |
| 739 | Kavlak´s03693899 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,382€ | — | 0 | — |
| 740 | King Meran Aegeus03612406 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,143€ | — | 1 | 670€ |
| 741 | Koral02627418 · Hospitality | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 742 | Lams03407900 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,138€ | — | 1 | 678€ |
| 743 | Latteart03540537 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,276€ | — | 1 | 678€ |
| 744 | Lavinia Tourism03544559 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 745 | Ljubavni Izvor03528693 · Hospitality | 0.0% | 0€ | -100.0% | -8,101€ | — | 1 | 675€ |
| 746 | Mare Adriatico02255880 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,401€ | — | 2 | 387€ |
| 747 | MB Beg03712257 · Hospitality | 0.0% | 0€ | No filing for 2024. | -18,590€ | — | 1 | 607€ |
| 748 | Merveille03469760 · Hospitality | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,144€ | — | 1 | 675€ |
| 749 | Metar Pan03794261 · Hospitality | 0.0% | 0€ | No filing for 2024. | -407€ | — | 1 | — |
| 750 | Metrum-Mne03485854 · Hospitality | 0.0% | 0€ | -100.0% | -8,337€ | — | 2 | 335€ |