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 1051–1100 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* |
|---|
| 1051 | Bijeli Lav03119599 · Real estate | <0.1% | 79,325€ | -8.7% | 8,209€ | 10.3% | 2 | 799€ |
| 1052 | King Kiflizza03744396 · Hospitality | <0.1% | 79,178€ | No filing for 2024. | 15,544€ | 19.6% | 3 | — |
| 1053 | You Go Cars03666212 · Administrative services | <0.1% | 78,909€ | +284.1% | 677€ | 0.9% | 3 | 541€ |
| 1054 | Montenegro Shores Property02468999 · Real estate | <0.1% | 78,363€ | +930.4% | 63,735€ | 81.3% | 1 | 450€ |
| 1055 | Mir-Inženjering02702576 · Construction | <0.1% | 78,325€ | +267.4% | 899€ | 1.1% | 1 | 1,055€ |
| 1056 | Montesol02410346 · Hospitality | <0.1% | 78,031€ | +8.7% | 30,084€ | 38.6% | 3 | 484€ |
| 1057 | Advisory It03392082 · Technology | <0.1% | 78,000€ | -3.5% | 8,663€ | 11.1% | 5 | 1,098€ |
| 1058 | Hermes Budva03154823 · Hospitality | <0.1% | 77,717€ | -22.9% | 9,047€ | 11.6% | 2 | 1,058€ |
| 1059 | YK Beauty Bar03216012 · Personal services | <0.1% | 77,700€ | -10.1% | -27,631€ | -35.6% | 3 | 1,354€ |
| 1060 | Dragičević Company03732746 · Hospitality | <0.1% | 77,671€ | No filing for 2024. | 5,112€ | 6.6% | 1 | 999€ |
| 1061 | Grass Official03239993 · Trade | <0.1% | 77,653€ | +2.2% | 4,710€ | 6.1% | 3 | 518€ |
| 1062 | Montenegro Events02707861 · Hospitality | <0.1% | 77,523€ | +21.7% | 658€ | 0.8% | 5 | 661€ |
| 1063 | Puževa Kućica02921260 · Public & nonprofit | <0.1% | 77,462€ | -6.4% | 56€ | 0.1% | 1 | 5,048€ |
| 1064 | Cec Group03228592 · Trade | <0.1% | 77,300€ | -44.1% | 40,341€ | 52.2% | 1 | 2,763€ |
| 1065 | Entry03292924 · Administrative services | <0.1% | 77,290€ | +21.0% | 15,710€ | 20.3% | 1 | 926€ |
| 1066 | Space-HM03418421 · Technology | <0.1% | 77,100€ | +30.9% | 15,556€ | 20.2% | 1 | 4,795€ |
| 1067 | Voltx Electro03747883 · Construction | <0.1% | 76,843€ | No filing for 2024. | 2,735€ | 3.6% | 7 | 661€ |
| 1068 | Beauty A03348423 · Personal services | <0.1% | 76,812€ | +25.0% | 1,266€ | 1.6% | 6 | 690€ |
| 1069 | Lucky Bill03279286 · Construction | <0.1% | 76,523€ | -18.7% | 1,165€ | 1.5% | 2 | 511€ |
| 1070 | Grandi Limited03367037 · Technology | <0.1% | 76,482€ | +2.5% | -1,526€ | -2.0% | 6 | 890€ |
| 1071 | Marstim Company03407381 · Construction | <0.1% | 76,147€ | +33.0% | 5,125€ | 6.7% | 2 | 731€ |
| 1072 | Mbb.Montenegro03727548 · Real estate | <0.1% | 76,063€ | No filing for 2024. | 48,873€ | 64.3% | 1 | 1,351€ |
| 1073 | Vipol02395517 · Construction | <0.1% | 75,969€ | -57.4% | 1,098€ | 1.4% | 1 | 675€ |
| 1074 | Apl Holdings03613003 · Real estate | <0.1% | 75,905€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 17,415€ | 22.9% | 1 | 1,718€ |
| 1075 | New Wind02894211 · Technology | <0.1% | 75,716€ | -20.9% | -699€ | -0.9% | 1 | 926€ |
| 1076 | B.M.B. Company02321840 · Professional services | <0.1% | 75,519€ | -3.5% | 7,843€ | 10.4% | 1 | 3,832€ |
| 1077 | Asja02984873 · Trade | <0.1% | 75,493€ | +1.9% | 14,525€ | 19.2% | 1 | 507€ |
| 1078 | Extra02693160 · Transport & logistics | <0.1% | 75,428€ | +0.8% | -12,320€ | -16.3% | 7 | 390€ |
| 1079 | Dental Health02807106 · Health & social care | <0.1% | 75,365€ | +7.1% | -71€ | -0.1% | 5 | 943€ |
| 1080 | Kovtunov Books03651665 · Arts & entertainment | <0.1% | 75,306€ | +201.0% | 48,241€ | 64.1% | 1 | 1,575€ |
| 1081 | Drecun 102882167 · Transport & logistics | <0.1% | 75,183€ | -0.4% | 8,227€ | 10.9% | 4 | 670€ |
| 1082 | Te & Be03432297 · Hospitality | <0.1% | 75,001€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 7,919€ | 10.6% | 3 | 598€ |
| 1083 | Selinsezer03584798 · Hospitality | <0.1% | 74,174€ | +362.8% | 1,794€ | 2.4% | 2 | 804€ |
| 1084 | Group T&M03249484 · Administrative services | <0.1% | 73,703€ | +274.6% | -24,417€ | -33.1% | 2 | 668€ |
| 1085 | Merkur Invest NK03383695 · Manufacturing | <0.1% | 73,591€ | -7.2% | -15,645€ | -21.3% | 5 | 583€ |
| 1086 | DM Vipo Trgovina02744244 · Trade | <0.1% | 73,293€ | +27.8% | -10,298€ | -14.1% | 1 | 850€ |
| 1087 | Big Bike Motors03184145 · Administrative services | <0.1% | 73,031€ | +64.2% | -22,111€ | -30.3% | 1 | 2,130€ |
| 1088 | Poslastičarnica Montenegro -M03046508 · Hospitality | <0.1% | 73,016€ | +38.0% | -15,798€ | -21.6% | 2 | 1,066€ |
| 1089 | Consis02778041 · Professional services | <0.1% | 72,858€ | -27.8% | -7,899€ | -10.8% | 1 | 1,314€ |
| 1090 | Food & Beverage03400786 · Hospitality | <0.1% | 72,658€ | +90.1% | 18,606€ | 25.6% | 4 | 377€ |
| 1091 | K&E Monte Group03640914 · Hospitality | <0.1% | 72,557€ | +0.2% | -8,029€ | -11.1% | 2 | 766€ |
| 1092 | Obis02735075 · Trade | <0.1% | 72,550€ | +2.1% | -10,132€ | -14.0% | 5 | 703€ |
| 1093 | Budva Diving02766574 · Construction | <0.1% | 72,532€ | +24.5% | -16,653€ | -23.0% | 2 | 1,524€ |
| 1094 | Viola Di Mare03168581 · Hospitality | <0.1% | 72,410€ | +22.4% | -7,771€ | -10.7% | 1 | 791€ |
| 1095 | Krasnij03375471 · Technology | <0.1% | 72,134€ | +60.6% | 2,819€ | 3.9% | 4 | 1,182€ |
| 1096 | Martude03545270 · Professional services | <0.1% | 71,760€ | +15.4% | 55,515€ | 77.4% | 1 | 736€ |
| 1097 | Đeka Mont03541053 · Construction | <0.1% | 71,705€ | +44.3% | 15,652€ | 21.8% | 2 | 675€ |
| 1098 | Gor Pont03363236 · Hospitality | <0.1% | 71,596€ | +28.8% | 5,494€ | 7.7% | 3 | 833€ |
| 1099 | Viktoria Trade02710269 · Trade | <0.1% | 71,568€ | +14.7% | -15,333€ | -21.4% | 4 | 493€ |
| 1100 | Zmaj Consulting03083942 · Professional services | <0.1% | 71,500€ | +74.5% | 13,133€ | 18.4% | 2 | 2,370€ |