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 951–1000 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* |
|---|
| 951 | Budvanska Pivara03258831 · Manufacturing | <0.1% | 98,697€ | +21.7% | 6,794€ | 6.9% | 1 | 1,403€ |
| 952 | Ikas03486397 · Hospitality | <0.1% | 98,680€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 1,436€ | 1.5% | 3 | 1,002€ |
| 953 | Zanomi03237079 · Manufacturing | <0.1% | 98,173€ | -50.0% | -40,095€ | -40.8% | 2 | 953€ |
| 954 | Krays02650886 · Hospitality | <0.1% | 97,953€ | +0.1% | -75,482€ | -77.1% | 1 | 2,858€ |
| 955 | Id Plus02807041 · Construction | <0.1% | 97,777€ | -75.6% | -204,175€ | -208.8% | 4 | 1,329€ |
| 956 | Montenegro Hostel02756382 · Administrative services | <0.1% | 97,693€ | -16.0% | -5,547€ | -5.7% | 2 | 1,166€ |
| 957 | Medialab03253589 · Arts & entertainment | <0.1% | 97,593€ | +66.2% | 26,184€ | 26.8% | 3 | 966€ |
| 958 | Alexa Beauty03121780 · Personal services | <0.1% | 97,413€ | -20.2% | -97,033€ | -99.6% | 3 | 825€ |
| 959 | Arhitron02655233 · Construction | <0.1% | 97,005€ | -0.5% | 31,571€ | 32.5% | 3 | 635€ |
| 960 | Pekara Diki02459264 · Manufacturing | <0.1% | 96,929€ | -5.8% | -24,404€ | -25.2% | 5 | 600€ |
| 961 | Bun03137902 · Hospitality | <0.1% | 96,823€ | +11.6% | 9,709€ | 10.0% | 2 | 569€ |
| 962 | Lamifi03093891 · Trade | <0.1% | 96,452€ | +48.0% | 942€ | 1.0% | 2 | 546€ |
| 963 | Elmat02620928 · Trade | <0.1% | 96,327€ | +8.0% | 671€ | 0.7% | 1 | 1,156€ |
| 964 | Serfino Marketing03230759 · Professional services | <0.1% | 96,298€ | +358.6% | 7,704€ | 8.0% | 11 | 631€ |
| 965 | Beer Brothers03332225 · Trade | <0.1% | 96,245€ | -28.8% | 23,724€ | 24.6% | 2 | 513€ |
| 966 | Cataleya Spa03196739 · Arts & entertainment | <0.1% | 95,736€ | +15.7% | -8,944€ | -9.3% | 5 | 673€ |
| 967 | Insignia03247970 · Trade | <0.1% | 95,710€ | -11.9% | -3,348€ | -3.5% | 4 | 653€ |
| 968 | Serfino Consulting03147576 · Professional services | <0.1% | 95,576€ | +12,044.3% | -7,213€ | -7.5% | 14 | 574€ |
| 969 | Ant Company03367762 · Hospitality | <0.1% | 95,525€ | +22.8% | 36,475€ | 38.2% | 4 | 410€ |
| 970 | Provizor03156591 · Construction | <0.1% | 95,417€ | -9.2% | -1,374€ | -1.4% | 1 | 3,788€ |
| 971 | Jaz- Mrčevo Polje02976447 · Real estate | <0.1% | 95,317€ | +10.4% | -4,085€ | -4.3% | 5 | 1,323€ |
| 972 | Olymp & Kolos03403467 · Arts & entertainment | <0.1% | 95,207€ | +24.5% | 5,513€ | 5.8% | 2 | 874€ |
| 973 | Div Montenegro03236200 · Hospitality | <0.1% | 95,041€ | -13.7% | 3,216€ | 3.4% | 2 | 1,256€ |
| 974 | RBR International02807084 · Hospitality | <0.1% | 94,989€ | +820.3% | -9,406€ | -9.9% | 2 | 1,151€ |
| 975 | Dii Com03363201 · Manufacturing | <0.1% | 94,965€ | +16.6% | 4,541€ | 4.8% | 4 | 549€ |
| 976 | Kayan Assistance03242072 · Real estate | <0.1% | 94,501€ | +34.1% | 66,982€ | 70.9% | 1 | 696€ |
| 977 | Heds 9503471870 · Hospitality | <0.1% | 93,910€ | +2.6% | 3,745€ | 4.0% | 4 | 681€ |
| 978 | Qbik Textile03618684 · Trade | <0.1% | 93,851€ | +16.8% | 25,098€ | 26.7% | 2 | 930€ |
| 979 | Drobni Pijesak02401452 · Hospitality | <0.1% | 93,761€ | -0.4% | -2,024€ | -2.2% | 4 | 859€ |
| 980 | Beauty Office03450279 · Personal services | <0.1% | 93,066€ | +1,930.7% | 18,631€ | 20.0% | 4 | 589€ |
| 981 | One More Group Mne03482448 · Real estate | <0.1% | 93,011€ | -40.7% | -16,801€ | -18.1% | 5 | 759€ |
| 982 | Azimut - Geo03224023 · Professional services | <0.1% | 92,596€ | -4.1% | 8,795€ | 9.5% | 4 | 945€ |
| 983 | Braniv02437350 · Hospitality | <0.1% | 91,359€ | +17.0% | 7,769€ | 8.5% | 4 | 633€ |
| 984 | Vda Lift03572820 · Manufacturing | <0.1% | 91,314€ | +0.2% | 37,421€ | 41.0% | 2 | 1,172€ |
| 985 | Lalić Gradnja03572064 · Construction | <0.1% | 91,256€ | +89.1% | -1,130€ | -1.2% | 2 | 1,783€ |
| 986 | Servis Nikolai03214583 · Construction | <0.1% | 91,139€ | +657.4% | -39,096€ | -42.9% | 4 | 672€ |
| 987 | Rustic Wood Furniture03316262 · Manufacturing | <0.1% | 91,027€ | +102.5% | 4,659€ | 5.1% | 1 | 396€ |
| 988 | Sokomont02646447 · Arts & entertainment | <0.1% | 90,878€ | +18.6% | 15,078€ | 16.6% | 2 | 1,019€ |
| 989 | Bonaca Trade03075281 · Trade | <0.1% | 90,779€ | -16.5% | 26,989€ | 29.7% | 3 | 659€ |
| 990 | El Greko Hellas03538001 · Hospitality | <0.1% | 90,764€ | +4.5% | -47,379€ | -52.2% | 4 | 502€ |
| 991 | Safeguard Security Co03229408 · Administrative services | <0.1% | 90,727€ | +42.0% | 6,451€ | 7.1% | 8 | 855€ |
| 992 | Beatrice Company03503518 · Hospitality | <0.1% | 90,015€ | -6.0% | 25,914€ | 28.8% | 3 | 542€ |
| 993 | 382 Services03605744 · Administrative services | <0.1% | 90,000€ | +130.8% | 45,093€ | 50.1% | 2 | 1,079€ |
| 994 | Mare & Pluvia03543323 · Administrative services | <0.1% | 89,821€ | +433.7% | 13,897€ | 15.5% | 1 | 929€ |
| 995 | Devops03434192 · Technology | <0.1% | 89,705€ | +36.0% | 8,149€ | 9.1% | 1 | 6,332€ |
| 996 | Carević03123057 · Trade | <0.1% | 89,291€ | +94.9% | 27,804€ | 31.1% | 1 | 2,164€ |
| 997 | Pantović Komerc03738248 · Hospitality | <0.1% | 89,115€ | No filing for 2024. | -11,477€ | -12.9% | 2 | 1,204€ |
| 998 | Markos 103741087 · Hospitality | <0.1% | 89,000€ | No filing for 2024. | 7,562€ | 8.5% | 2 | 749€ |
| 999 | Did Konsalting02741725 · Professional services | <0.1% | 88,868€ | +25.8% | 27,880€ | 31.4% | 2 | 1,613€ |
| 1000 | Adriastar02952831 · Hospitality | <0.1% | 88,841€ | -3.6% | -293€ | -0.3% | 1 | 1,228€ |