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 51–100 of 1,051
* 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* |
|---|
| 51 | Krug02781824 · Trade | <0.1% | 752,570€ | -12.2% | 38,363€ | 5.1% | 7 | 879€ |
| 52 | Mix Markt 380403573656 · Trade | <0.1% | 735,215€ | +11.9% | -35,733€ | -4.9% | 4 | 1,163€ |
| 53 | Trade Point Montenegro03575420 · Trade | <0.1% | 732,495€ | +77.1% | -10,873€ | -1.5% | 13 | 992€ |
| 54 | Provizion03131840 · Trade | <0.1% | 729,002€ | -6.3% | 88,514€ | 12.1% | 14 | 823€ |
| 55 | Šestan02405067 · Trade | <0.1% | 677,458€ | -23.0% | 15,354€ | 2.3% | 7 | 2,195€ |
| 56 | Euromax Mne02917629 · Trade | <0.1% | 669,775€ | +13.5% | 366,781€ | 54.8% | 4 | 1,295€ |
| 57 | Porcelana03513157 · Trade | <0.1% | 662,304€ | +13.9% | 89,216€ | 13.5% | 4 | 1,950€ |
| 58 | Havana Company03227286 · Trade | <0.1% | 660,757€ | +4.0% | -94,316€ | -14.3% | 3 | 551€ |
| 59 | Progastro03712281 · Trade | <0.1% | 635,464€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 282,938€ | 44.5% | 2 | 582€ |
| 60 | Althaea02278294 · Trade | <0.1% | 613,273€ | +1.9% | 15,219€ | 2.5% | 4 | 1,879€ |
| 61 | Mistral02110458 · Trade | <0.1% | 605,455€ | -16.9% | 51,053€ | 8.4% | 6 | 1,018€ |
| 62 | Spartacus Mne03202305 · Trade | <0.1% | 600,605€ | +9.6% | -47,670€ | -7.9% | 3 | 854€ |
| 63 | Sailor Cattaro03076865 · Trade | <0.1% | 582,575€ | +25.0% | 273,156€ | 46.9% | 16 | 716€ |
| 64 | Vela02867443 · Trade | <0.1% | 574,939€ | +26.4% | 75,372€ | 13.1% | 15 | 820€ |
| 65 | Lider Lift03238580 · Trade | <0.1% | 568,172€ | +80.0% | 44,592€ | 7.8% | 4 | 754€ |
| 66 | M S M S02873184 · Trade | <0.1% | 561,832€ | -5.9% | 21,616€ | 3.8% | 4 | 1,677€ |
| 67 | Mix Markt 380803538958 · Trade | <0.1% | 537,487€ | -10.6% | 306€ | 0.1% | 5 | 955€ |
| 68 | Waystar03595765 · Trade | <0.1% | 534,046€ | +9.6% | 87,952€ | 16.5% | 1 | 25,219€ |
| 69 | Mijanović Trade02191032 · Trade | <0.1% | 526,412€ | +0.4% | -13,499€ | -2.6% | 5 | 999€ |
| 70 | Dado SSS03424197 · Trade | <0.1% | 497,631€ | -27.2% | 21,403€ | 4.3% | 3 | 776€ |
| 71 | Ref & Met03238873 · Trade | <0.1% | 497,410€ | +293.4% | 353,989€ | 71.2% | 1 | 3,170€ |
| 72 | Astra Trade03005801 · Trade | <0.1% | 480,567€ | -9.1% | 75,515€ | 15.7% | 6 | 1,155€ |
| 73 | Santis03094839 · Trade | <0.1% | 468,805€ | +22.7% | 1,712€ | 0.4% | 4 | 3,043€ |
| 74 | Tri Tona02873583 · Trade | <0.1% | 439,577€ | +16.6% | 58,246€ | 13.3% | 9 | 858€ |
| 75 | Monolith Mne Logistik03627969 · Trade | <0.1% | 425,064€ | +98.7% | 1,481€ | 0.3% | 1 | — |
| 76 | Monolith Mne Import03470610 · Trade | <0.1% | 410,556€ | -23.4% | 2,673€ | 0.7% | 1 | 930€ |
| 77 | Herbora02458675 · Trade | <0.1% | 395,933€ | +7.4% | 17,806€ | 4.5% | 4 | 822€ |
| 78 | Mix Markt 380703614255 · Trade | <0.1% | 393,014€ | -6.4% | -13,830€ | -3.5% | 4 | 959€ |
| 79 | Queen Butik03334341 · Trade | <0.1% | 391,553€ | +28.4% | 28,830€ | 7.4% | 10 | 681€ |
| 80 | Vigor Agency03439801 · Trade | <0.1% | 391,033€ | -14.1% | 180,824€ | 46.2% | 2 | 4,634€ |
| 81 | Temetum03096424 · Trade | <0.1% | 378,399€ | +5.4% | 86,195€ | 22.8% | 1 | 3,328€ |
| 82 | Noble Interiors03674967 · Trade | <0.1% | 377,730€ | +707.5% | 84,330€ | 22.3% | 1 | 425€ |
| 83 | Monolith Mne Distribution03466507 · Trade | <0.1% | 376,842€ | -60.8% | 3,820€ | 1.0% | 1 | 340€ |
| 84 | Denarius02212315 · Trade | <0.1% | 357,620€ | +0.7% | 3,998€ | 1.1% | 3 | 2,102€ |
| 85 | Midas Group03226018 · Trade | <0.1% | 346,544€ | -5.5% | 3,754€ | 1.1% | 8 | 751€ |
| 86 | Ip Petrol02871955 · Trade | <0.1% | 343,778€ | +30.4% | 11,867€ | 3.5% | 12 | 1,038€ |
| 87 | Zoki Mobile 10+02901358 · Trade | <0.1% | 341,481€ | -6.9% | -147,573€ | -43.2% | 4 | 1,228€ |
| 88 | Bungee Beach Budva Mne03147851 · Trade | <0.1% | 337,711€ | -30.6% | 21,272€ | 6.3% | 2 | 1,237€ |
| 89 | Montenegro Art02620898 · Trade | <0.1% | 321,961€ | -3.8% | 4,633€ | 1.4% | 10 | 660€ |
| 90 | B-Train Group03594629 · Trade | <0.1% | 321,861€ | +28.8% | 10,980€ | 3.4% | 2 | 815€ |
| 91 | Akacia Bro03259536 · Trade | <0.1% | 317,512€ | +4.9% | 30,130€ | 9.5% | 9 | 745€ |
| 92 | Mix Markt 380603349292 · Trade | <0.1% | 314,093€ | -32.1% | -32,636€ | -10.4% | 4 | 840€ |
| 93 | LKM Trade02401517 · Trade | <0.1% | 307,750€ | +8.1% | 86,574€ | 28.1% | 5 | 842€ |
| 94 | S-Group Mne03437833 · Trade | <0.1% | 299,555€ | +35.5% | -11,642€ | -3.9% | 2 | 1,189€ |
| 95 | Lunera803561127 · Trade | <0.1% | 297,500€ | +75.6% | 28,371€ | 9.5% | 2 | 1,206€ |
| 96 | Hammersmith02722682 · Trade | <0.1% | 295,733€ | +1.8% | 25,175€ | 8.5% | 4 | 775€ |
| 97 | Alfa Investment03584887 · Trade | <0.1% | 295,440€ | +158.7% | -16,000€ | -5.4% | 5 | 1,425€ |
| 98 | Horeca Trade02896974 · Trade | <0.1% | 289,413€ | +10.8% | 67,664€ | 23.4% | 2 | 1,677€ |
| 99 | Tea S03001750 · Trade | <0.1% | 286,660€ | +32.0% | 21,027€ | 7.3% | 3 | 632€ |
| 100 | Mix Markt 381103667804 · Trade | <0.1% | 281,173€ | +65.7% | -60,587€ | -21.5% | 4 | 934€ |