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 166
* 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 | Perfect Move03609901 · Arts & entertainment | <0.1% | 17,546€ | +294.8% | -18,354€ | -104.6% | 2 | 478€ |
| 52 | Port of Petrovac03126285 · Arts & entertainment | <0.1% | 16,123€ | +77.8% | -14,030€ | -87.0% | 3 | 815€ |
| 53 | Campeones Sport Agency03365433 · Arts & entertainment | <0.1% | 15,340€ | +166.8% | 2,882€ | 18.8% | 1 | 373€ |
| 54 | Abeceda02794357 · Arts & entertainment | <0.1% | 14,550€ | -6.5% | -11,204€ | -77.0% | 1 | 924€ |
| 55 | Fasterus03508757 · Arts & entertainment | <0.1% | 14,438€ | +23.8% | 3,204€ | 22.2% | 1 | 670€ |
| 56 | Logia03610870 · Arts & entertainment | <0.1% | 13,328€ | +323.8% | 4,513€ | 33.9% | 1 | 678€ |
| 57 | Vozduh03706036 · Arts & entertainment | <0.1% | 13,142€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,553€ | -19.4% | 2 | 610€ |
| 58 | Chistodel03478009 · Arts & entertainment | <0.1% | 12,910€ | +29.8% | 760€ | 5.9% | 1 | 916€ |
| 59 | Kreativna Manufaktura03472817 · Arts & entertainment | <0.1% | 12,410€ | -7.7% | -11,652€ | -93.9% | 1 | 1,081€ |
| 60 | Aparat Service Mne03292932 · Arts & entertainment | <0.1% | 11,506€ | -57.5% | -30,936€ | -268.9% | 1 | 1,288€ |
| 61 | Tetka - Tetkica03774104 · Arts & entertainment | <0.1% | 11,312€ | No filing for 2024. | -13,221€ | -116.9% | 2 | 370€ |
| 62 | Shanti03521451 · Arts & entertainment | <0.1% | 11,055€ | +198.9% | -11,501€ | -104.0% | 3 | 619€ |
| 63 | Videomontenegro03391965 · Arts & entertainment | <0.1% | 10,737€ | +35.7% | 1,220€ | 11.4% | 1 | 677€ |
| 64 | Tud03513629 · Arts & entertainment | <0.1% | 9,880€ | -46.1% | -8,515€ | -86.2% | 1 | 926€ |
| 65 | Vlanaroom03011577 · Arts & entertainment | <0.1% | 9,482€ | +2,563.5% | 1,138€ | 12.0% | 1 | 681€ |
| 66 | Karpova Kosa03384527 · Arts & entertainment | <0.1% | 9,252€ | -37.7% | -2,578€ | -27.9% | 1 | 751€ |
| 67 | Montesprat Group03516423 · Arts & entertainment | <0.1% | 9,101€ | +257.7% | -8,124€ | -89.3% | 1 | 1,341€ |
| 68 | Lfstzband03700291 · Arts & entertainment | <0.1% | 8,490€ | No filing for 2024. | 935€ | 11.0% | 1 | 532€ |
| 69 | Monteshow03573095 · Arts & entertainment | <0.1% | 8,470€ | +303.3% | -613€ | -7.2% | 1 | 678€ |
| 70 | Ameripro03550893 · Arts & entertainment | <0.1% | 8,384€ | -24.5% | -5,456€ | -65.1% | 1 | 986€ |
| 71 | Screen Side03480569 · Arts & entertainment | <0.1% | 8,360€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,024€ | -36.2% | 1 | 790€ |
| 72 | Copyreg03711021 · Arts & entertainment | <0.1% | 8,247€ | No filing for 2024. | 165€ | 2.0% | 0 | — |
| 73 | Kinoproekt Legal03513335 · Arts & entertainment | <0.1% | 8,010€ | +901.2% | -4,195€ | -52.4% | 1 | 916€ |
| 74 | Fun Concept03285898 · Arts & entertainment | <0.1% | 7,200€ | -2.1% | -18,495€ | -256.9% | 1 | 927€ |
| 75 | Magična Radionica03671640 · Arts & entertainment | <0.1% | 6,419€ | -13.3% | -3,325€ | -51.8% | 1 | 509€ |
| 76 | Grem Records03482871 · Arts & entertainment | <0.1% | 6,010€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,066€ | -51.0% | 1 | 677€ |
| 77 | Am-Systems03520404 · Arts & entertainment | <0.1% | 6,000€ | +47.1% | -6,379€ | -106.3% | 1 | 925€ |
| 78 | KP Fitness03775321 · Arts & entertainment | <0.1% | 5,439€ | No filing for 2024. | -7,827€ | -143.9% | 0 | — |
| 79 | Life Fit GYM03541169 · Arts & entertainment | <0.1% | 4,750€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -13,148€ | -276.8% | 1 | 916€ |
| 80 | Umetnička Radionica Baglaj03741923 · Arts & entertainment | <0.1% | 4,140€ | No filing for 2024. | -460€ | -11.1% | 1 | 324€ |
| 81 | Ledmi Production03576353 · Arts & entertainment | <0.1% | 3,814€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,509€ | -144.4% | 1 | 670€ |
| 82 | Magio Mne03638014 · Arts & entertainment | <0.1% | 3,685€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,349€ | -199.4% | 1 | 622€ |
| 83 | Happyka03745694 · Arts & entertainment | <0.1% | 3,155€ | No filing for 2024. | -4,250€ | -134.7% | 0 | — |
| 84 | Vizionarske Skripte03586448 · Arts & entertainment | <0.1% | 3,150€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,996€ | -190.3% | 1 | 670€ |
| 85 | Notron Medya Danismanlik Ve Iletisim03454525 · Arts & entertainment | <0.1% | 2,750€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -5,754€ | -209.2% | 1 | 678€ |
| 86 | Crystal Lotus03423212 · Arts & entertainment | <0.1% | 2,450€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,582€ | -268.7% | 1 | 677€ |
| 87 | Red Apple03436136 · Arts & entertainment | <0.1% | 2,405€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -17,708€ | -736.3% | 2 | 808€ |
| 88 | Chessfirst03503127 · Arts & entertainment | <0.1% | 2,250€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -6,627€ | -294.5% | 1 | 670€ |
| 89 | Lp&Sons03481557 · Arts & entertainment | <0.1% | 1,870€ | +3.9% | -10,309€ | -551.3% | 1 | 920€ |
| 90 | Mek Internasyonal03696502 · Arts & entertainment | <0.1% | 1,750€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -4,120€ | -235.4% | 1 | 489€ |
| 91 | Exploring Montenegro03750868 · Arts & entertainment | <0.1% | 1,550€ | No filing for 2024. | -3,361€ | -216.8% | 1 | 376€ |
| 92 | Perekhod03379604 · Arts & entertainment | <0.1% | 1,400€ | +100.0% | -9,850€ | -703.6% | 1 | 926€ |
| 93 | Peace.Duk03505022 · Arts & entertainment | <0.1% | 1,300€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,915€ | -608.8% | 1 | 670€ |
| 94 | Monte Pebble03733971 · Arts & entertainment | <0.1% | 1,120€ | No filing for 2024. | -5,644€ | -503.9% | 1 | 477€ |
| 95 | Living Easy03531457 · Arts & entertainment | <0.1% | 1,050€ | -99.8% | -15,964€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 1,296€ |
| 96 | Paper Unicorn Production03435628 · Arts & entertainment | <0.1% | 970€ | -61.4% | -30,398€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 3 | 791€ |
| 97 | Bellart03803252 · Arts & entertainment | <0.1% | 542€ | No filing for 2024. | 279€ | 51.5% | 1 | — |
| 98 | Fireprotection Montenegro03388166 · Arts & entertainment | <0.1% | 315€ | -89.7% | -8,146€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 677€ |
| 99 | Heliantus03725413 · Arts & entertainment | <0.1% | 200€ | No filing for 2024. | -7,731€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | 553€ |
| 100 | Pakito03456358 · Arts & entertainment | <0.1% | 76€ | -98.5% | -6,195€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 1 | — |