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 1101–1150 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* |
|---|
| 1101 | Vaiva02688948 · Manufacturing | <0.1% | 71,355€ | +94.8% | 570€ | 0.8% | 3 | 532€ |
| 1102 | JM Grand Group03093158 · Real estate | <0.1% | 71,170€ | -38.2% | -7,542€ | -10.6% | 3 | 1,231€ |
| 1103 | S.J.T. Company02967669 · Administrative services | <0.1% | 71,005€ | -2.6% | -17,003€ | -23.9% | 0 | — |
| 1104 | Cryo Transport Reproduction03618374 · Transport & logistics | <0.1% | 70,916€ | +986.5% | -6,663€ | -9.4% | 1 | 5,230€ |
| 1105 | Ilproduct03088405 · Trade | <0.1% | 70,385€ | -9.1% | 25,629€ | 36.4% | 2 | — |
| 1106 | MVP 10003672867 · Trade | <0.1% | 69,598€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 6,886€ | 9.9% | 1 | — |
| 1107 | Strong Technics03462374 · Construction | <0.1% | 69,432€ | +61.5% | 5,392€ | 7.8% | 1 | 1,148€ |
| 1108 | Safaroglu03736580 · Construction | <0.1% | 69,348€ | No filing for 2024. | 30,424€ | 43.9% | 3 | 619€ |
| 1109 | Sea Store03086135 · Trade | <0.1% | 69,167€ | -4.1% | 3,666€ | 5.3% | 1 | 849€ |
| 1110 | Harman03124371 · Trade | <0.1% | 69,108€ | -12.8% | 7,667€ | 11.1% | 2 | 506€ |
| 1111 | Sveti Nikola Turs Grozdanovski03251977 · Hospitality | <0.1% | 68,924€ | +149.2% | 397€ | 0.6% | 2 | 569€ |
| 1112 | Eurogroup Shipping and Trading03220664 · Manufacturing | <0.1% | 68,864€ | +13.7% | 54,177€ | 78.7% | 1 | 683€ |
| 1113 | Vertigo Company03350185 · Hospitality | <0.1% | 68,657€ | +131.4% | 1,786€ | 2.6% | 3 | 592€ |
| 1114 | Prof Invest03180115 · Construction | <0.1% | 68,595€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 59,169€ | 86.3% | 2 | — |
| 1115 | Novi Dom Monte03418901 · Trade | <0.1% | 68,465€ | +141.6% | 1,629€ | 2.4% | 1 | 805€ |
| 1116 | S.A.R.D.02705834 · Professional services | <0.1% | 68,279€ | -60.9% | -11,635€ | -17.0% | 1 | 2,071€ |
| 1117 | Pertseva Information Technology03459454 · Technology | <0.1% | 68,250€ | -4.3% | -6,513€ | -9.5% | 1 | 1,343€ |
| 1118 | Leon Suites03278310 · Real estate | <0.1% | 68,219€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 25,789€ | 37.8% | 1 | 916€ |
| 1119 | Kompanija Terming02351897 · Construction | <0.1% | 68,170€ | +35.4% | 29,451€ | 43.2% | 1 | 675€ |
| 1120 | DNĐ Security03442594 · Administrative services | <0.1% | 68,141€ | +6.9% | -2,470€ | -3.6% | 7 | 748€ |
| 1121 | Am Group Consulting02917360 · Professional services | <0.1% | 67,640€ | -37.9% | 28,881€ | 42.7% | 1 | 1,166€ |
| 1122 | Inox Design02964287 · Manufacturing | <0.1% | 67,465€ | +144.8% | 29,772€ | 44.1% | 1 | 678€ |
| 1123 | Serdar Company02938294 · Trade | <0.1% | 66,776€ | -32.6% | 3,362€ | 5.0% | 1 | 1,454€ |
| 1124 | Ljubogradnja03057542 · Construction | <0.1% | 66,529€ | +20,497.2% | 12,935€ | 19.4% | 1 | 676€ |
| 1125 | Pit Stop Centar03600424 · Education | <0.1% | 66,523€ | +29.1% | 317€ | 0.5% | 3 | 687€ |
| 1126 | Srećan Žar02706687 · Hospitality | <0.1% | 66,400€ | -0.1% | -42,497€ | -64.0% | 1 | 3,447€ |
| 1127 | Vuksanović02835819 · Agriculture | <0.1% | 66,375€ | +59.5% | -2,455€ | -3.7% | 1 | 678€ |
| 1128 | Account Plus02879921 · Professional services | <0.1% | 66,334€ | +38.5% | 14,043€ | 21.2% | 2 | 1,108€ |
| 1129 | Solissta03321584 · Administrative services | <0.1% | 66,268€ | +8.1% | -3,795€ | -5.7% | 2 | 1,224€ |
| 1130 | Hils Group03087441 · Professional services | <0.1% | 66,259€ | +34.3% | 128€ | 0.2% | 1 | 1,806€ |
| 1131 | Enterijer Lux03329283 · Construction | <0.1% | 66,222€ | -46.7% | 21,748€ | 32.8% | 3 | 759€ |
| 1132 | Deimdal03357856 · Technology | <0.1% | 66,109€ | -3.6% | 17,216€ | 26.0% | 3 | 1,037€ |
| 1133 | Ze Puff Company03456960 · Technology | <0.1% | 66,072€ | -75.5% | -93,680€ | -141.8% | 1 | 677€ |
| 1134 | White Angels03725332 · Construction | <0.1% | 65,954€ | No filing for 2024. | -19,345€ | -29.3% | 1 | 736€ |
| 1135 | Kontonela02115654 · Professional services | <0.1% | 65,830€ | -8.9% | 665€ | 1.0% | 2 | 1,684€ |
| 1136 | Esenia MNT03436934 · Technology | <0.1% | 65,624€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 39,682€ | 60.5% | 1 | 339€ |
| 1137 | Tikarina03434672 · Administrative services | <0.1% | 65,599€ | +132.4% | 40,081€ | 61.1% | 2 | 699€ |
| 1138 | Arhinet02713608 · Professional services | <0.1% | 65,473€ | +7.1% | 2,261€ | 3.5% | 2 | 886€ |
| 1139 | Art On SKY Aviation03725847 · Manufacturing | <0.1% | 65,238€ | No filing for 2024. | -2,469€ | -3.8% | 1 | 695€ |
| 1140 | Yeshill03242986 · Hospitality | <0.1% | 65,071€ | -24.5% | -12,295€ | -18.9% | 2 | 1,175€ |
| 1141 | Klasa03323013 · Professional services | <0.1% | 65,013€ | -58.5% | -26,626€ | -41.0% | 7 | 670€ |
| 1142 | Valdan02436469 · Real estate | <0.1% | 64,893€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -31,515€ | -48.6% | 2 | 809€ |
| 1143 | Irask03419355 · Technology | <0.1% | 64,824€ | -57.9% | -8,382€ | -12.9% | 3 | 760€ |
| 1144 | Bhair03104702 · Personal services | <0.1% | 64,762€ | -9.8% | -14,911€ | -23.0% | 4 | 813€ |
| 1145 | Montecuba03271331 · Hospitality | <0.1% | 64,562€ | +52,819.7% | 3,496€ | 5.4% | 1 | 1,011€ |
| 1146 | Kristina02703491 · Administrative services | <0.1% | 64,542€ | -34.7% | -105,414€ | -163.3% | 2 | 422€ |
| 1147 | Julia Arto03731804 · Trade | <0.1% | 64,464€ | No filing for 2024. | 8,474€ | 13.1% | 2 | 623€ |
| 1148 | Speedster02977435 · Hospitality | <0.1% | 64,418€ | -21.4% | -50,749€ | -78.8% | 7 | 799€ |
| 1149 | Che Design03424570 · Professional services | <0.1% | 64,355€ | -5.1% | -13,085€ | -20.3% | 5 | 505€ |
| 1150 | JLV Invest03698866 · Real estate | <0.1% | 64,276€ | +252.9% | 1,719€ | 2.7% | 1 | 2,630€ |