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 1001–1050 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* |
|---|
| 1001 | Sadem Group03703088 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,825€ | — | 1 | 893€ |
| 1002 | Samir Kids03743063 · Trade | 0.0% | 0€ | No filing for 2024. | -6,301€ | — | 1 | 470€ |
| 1003 | Sare03440966 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,530€ | — | 1 | 675€ |
| 1004 | Sarp03489558 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,890€ | — | 1 | 928€ |
| 1005 | Seramice Handmade Ceramic03595030 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,192€ | — | 1 | 678€ |
| 1006 | Serata03332900 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,399€ | — | 1 | 678€ |
| 1007 | Sevinc Group Montenegro03581101 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 678€ |
| 1008 | Sicily02684691 · Trade | 0.0% | 0€ | -100.0% | -8,114€ | — | 1 | 675€ |
| 1009 | Siva Zorica Group03587576 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,204€ | — | 1 | 928€ |
| 1010 | Sjever Promet02427737 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1011 | SKY Moon Company03378853 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,246€ | — | 1 | 675€ |
| 1012 | S Mixmed03121933 · Trade | 0.0% | 0€ | No filing for 2024. | 0€ | — | — | — |
| 1013 | Smyrna Electric International Company03568016 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,679€ | — | 1 | 678€ |
| 1014 | SNB-Trade03584976 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 1015 | Sonatural03457621 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 0€ | — | — | — |
| 1016 | Stacy Mne03500136 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,001€ | — | 1 | 670€ |
| 1017 | Stecr03615308 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 1018 | Suute Company03519368 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,997€ | — | 1 | 675€ |
| 1019 | Sycamore03582388 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 1020 | Talmin03523888 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,220€ | — | 1 | 676€ |
| 1021 | Technicora03651452 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,116€ | — | 1 | 926€ |
| 1022 | Tehnomanija Montenegro03664341 · Trade | 0.0% | 0€ | No filing for 2024. | -6,775€ | — | 1 | 548€ |
| 1023 | TFS Technic Company03619796 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,123€ | — | 1 | 677€ |
| 1024 | The Island House03405672 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,329€ | — | 1 | 676€ |
| 1025 | The Muse03441857 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,189€ | — | 1 | 675€ |
| 1026 | Tian Mimi03423662 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,035€ | — | 1 | — |
| 1027 | Tim.Colors03741192 · Trade | 0.0% | 0€ | No filing for 2024. | -5,561€ | — | 1 | 463€ |
| 1028 | True History03781941 · Trade | 0.0% | 0€ | No filing for 2024. | -2,200€ | — | 1 | — |
| 1029 | Tur Safe Rental03619664 · Trade | 0.0% | 0€ | -100.0% | 0€ | — | — | — |
| 1030 | Umeetco03376770 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,370€ | — | 1 | 675€ |
| 1031 | Unicorn Invest03430111 · Trade | 0.0% | 0€ | No filing for 2024. | -12,999€ | — | 2 | 499€ |
| 1032 | Upspire Company03591794 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,186€ | — | 1 | 675€ |
| 1033 | U-Servis03481450 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,224€ | — | 1 | 678€ |
| 1034 | Uta Fitness and Exercise Systems03256286 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -9,297€ | — | 1 | 563€ |
| 1035 | Uzman Bilisim Company03383121 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -16,278€ | — | 2 | 675€ |
| 1036 | Vamp Studio03629317 · Trade | 0.0% | 0€ | -100.0% | -10,120€ | — | 1 | 688€ |
| 1037 | VCS Electronics and Automation03462986 · Trade | 0.0% | 0€ | -100.0% | -11,720€ | — | 1 | 928€ |
| 1038 | Vision Tekstil03449050 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,283€ | — | 2 | 470€ |
| 1039 | Vis - Tex02457857 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -3,282€ | — | 1 | — |
| 1040 | Vlamar VM02992752 · Trade | 0.0% | 0€ | -100.0% | -11,372€ | — | 1 | 634€ |
| 1041 | Vuk Sport03109127 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -2,026€ | — | 1 | — |
| 1042 | Windfall03715132 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,875€ | — | 1 | 675€ |
| 1043 | Woodnjoy03541568 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -15,435€ | — | 1 | 928€ |
| 1044 | Xani Sarya Yenigun03476448 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,564€ | — | 1 | 630€ |
| 1045 | Yago03620280 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,139€ | — | 1 | 675€ |
| 1046 | Yatpazari03352323 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -8,240€ | — | 1 | 677€ |
| 1047 | Yaz International03682854 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,684€ | — | 1 | 677€ |
| 1048 | Zeta Investment Group03116441 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -10,165€ | — | 1 | 678€ |
| 1049 | Zet Global03746143 · Trade | 0.0% | 0€ | No filing for 2024. | -6,367€ | — | 1 | 490€ |
| 1050 | Zilda Global03616622 · Trade | 0.0% | 0€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,253€ | — | 1 | 938€ |