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 1151–1200 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* |
|---|
| 1151 | M.V.M. Trade02655535 · Trade | <0.1% | 64,203€ | -18.8% | 335€ | 0.5% | 3 | 699€ |
| 1152 | SKY View Montenegro02902605 · Hospitality | <0.1% | 64,183€ | -37.1% | -23,488€ | -36.6% | 2 | 1,527€ |
| 1153 | Vedro Nebo03705960 · Trade | <0.1% | 64,167€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -1,394€ | -2.2% | 1 | 675€ |
| 1154 | Hamer 100003639452 · Construction | <0.1% | 63,902€ | +28.9% | 3,595€ | 5.6% | 3 | 1,372€ |
| 1155 | Gorski Vijenac02648032 · Construction | <0.1% | 63,844€ | -11.7% | 12,978€ | 20.3% | 1 | 1,304€ |
| 1156 | Deta-96903658350 · Hospitality | <0.1% | 63,700€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 20,354€ | 32.0% | 2 | — |
| 1157 | Cakaj Trade03115941 · Manufacturing | <0.1% | 63,675€ | -22.5% | -45,764€ | -71.9% | 4 | 896€ |
| 1158 | Garden M03390934 · Agriculture | <0.1% | 63,464€ | -3.3% | 3,096€ | 4.9% | 2 | 526€ |
| 1159 | Neuroprima - DR Mirjana Čukić03270033 · Health & social care | <0.1% | 63,384€ | +10.2% | -9,410€ | -14.8% | 3 | 1,241€ |
| 1160 | Eam Consulting03436624 · Technology | <0.1% | 63,178€ | +251.5% | 41,837€ | 66.2% | 1 | 1,006€ |
| 1161 | Solutions4you03105261 · Technology | <0.1% | 63,163€ | +26.0% | 988€ | 1.6% | 2 | 660€ |
| 1162 | Digital Lab03284042 · Technology | <0.1% | 63,118€ | -5.1% | -3,850€ | -6.1% | 2 | 1,066€ |
| 1163 | Gaga Turs02661365 · Transport & logistics | <0.1% | 63,038€ | -29.6% | -11,670€ | -18.5% | 1 | 1,013€ |
| 1164 | White Lotus03692434 · Hospitality | <0.1% | 62,820€ | No filing for 2024. | -20,879€ | -33.2% | 2 | 483€ |
| 1165 | Bolton Management Montenegro02678683 · Real estate | <0.1% | 62,727€ | +26.3% | -81,486€ | -129.9% | 4 | 718€ |
| 1166 | 3 BRD Consulting03078540 · Real estate | <0.1% | 62,667€ | +366.2% | 10,225€ | 16.3% | 2 | 1,001€ |
| 1167 | Katič02700336 · Construction | <0.1% | 62,600€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -109,586€ | -175.1% | 1 | 675€ |
| 1168 | Tarkus03410501 · Hospitality | <0.1% | 62,348€ | -14.0% | -4,690€ | -7.5% | 4 | 720€ |
| 1169 | Nikomd03648303 · Hospitality | <0.1% | 62,150€ | -12.0% | -2,067€ | -3.3% | 3 | 738€ |
| 1170 | Kruševica RR03199118 · Manufacturing | <0.1% | 61,836€ | -4.1% | -3,413€ | -5.5% | 1 | 2,029€ |
| 1171 | Intact Intact03344240 · Hospitality | <0.1% | 61,542€ | +199.1% | -33€ | -0.1% | 4 | 309€ |
| 1172 | Atlas Travel03296849 · Administrative services | <0.1% | 61,455€ | -29.5% | -71,189€ | -115.8% | 3 | 1,626€ |
| 1173 | Frigoenergo03174158 · Construction | <0.1% | 61,357€ | +206.1% | 2,311€ | 3.8% | 3 | 592€ |
| 1174 | Miracle V Montenegro03317811 · Personal services | <0.1% | 61,265€ | +7.1% | 1,487€ | 2.4% | 6 | 465€ |
| 1175 | In Tourist02969661 · Transport & logistics | <0.1% | 61,011€ | +30.2% | 3,302€ | 5.4% | 3 | 928€ |
| 1176 | Miramonte Gardens02634210 · Hospitality | <0.1% | 60,907€ | +1.0% | -3,349€ | -5.5% | 4 | 662€ |
| 1177 | VP Group03062864 · Administrative services | <0.1% | 60,846€ | +83.2% | -17,023€ | -28.0% | 1 | 335€ |
| 1178 | Silbi02666529 · Trade | <0.1% | 60,621€ | -12.8% | -22,071€ | -36.4% | 4 | 670€ |
| 1179 | Jamb02128462 · Administrative services | <0.1% | 60,602€ | +11.9% | -49,885€ | -82.3% | 4 | 688€ |
| 1180 | Global Mont Investment02674246 · Real estate | <0.1% | 60,509€ | +258.0% | 1,761€ | 2.9% | 1 | 354€ |
| 1181 | Barbun02835428 · Hospitality | <0.1% | 60,447€ | -14.0% | -29,791€ | -49.3% | 2 | 1,184€ |
| 1182 | Porta Nova03293467 · Administrative services | <0.1% | 60,247€ | +28.0% | 19,251€ | 32.0% | 1 | 452€ |
| 1183 | Vlasil03488535 · Professional services | <0.1% | 60,199€ | +32.2% | 35,012€ | 58.2% | 1 | 1,834€ |
| 1184 | Emc Group02986345 · Administrative services | <0.1% | 60,049€ | -25.7% | -53,584€ | -89.2% | 1 | 1,374€ |
| 1185 | I M P R E S S02411946 · Manufacturing | <0.1% | 60,048€ | -4.3% | 451€ | 0.8% | 2 | 1,008€ |
| 1186 | Joker Rentals03412768 · Administrative services | <0.1% | 60,025€ | +49.1% | 14,549€ | 24.2% | 3 | — |
| 1187 | Marketing Hub Mne03634906 · Trade | <0.1% | 60,000€ | -29.4% | 5,388€ | 9.0% | 10 | 426€ |
| 1188 | Siniz Grupa02786125 · Hospitality | <0.1% | 60,000€ | -27.7% | 18,744€ | 31.2% | 2 | 514€ |
| 1189 | Home Invest Co02653010 · Construction | <0.1% | 59,944€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 9,790€ | 16.3% | 2 | 2,025€ |
| 1190 | Masliuk Consulting03324010 · Administrative services | <0.1% | 59,839€ | +93.0% | 27,082€ | 45.3% | 1 | 1,744€ |
| 1191 | Aba02746263 · Personal services | <0.1% | 59,771€ | +11.8% | -12,557€ | -21.0% | 3 | 1,252€ |
| 1192 | Real Construction02822890 · Professional services | <0.1% | 59,592€ | +10.5% | 1,315€ | 2.2% | 2 | 676€ |
| 1193 | Lonzheron03492826 · Hospitality | <0.1% | 59,522€ | +445.2% | -887€ | -1.5% | 3 | 709€ |
| 1194 | DND Invest02655071 · Real estate | <0.1% | 59,350€ | -26.0% | -36,675€ | -61.8% | 5 | 701€ |
| 1195 | Dolce LG03242528 · Trade | <0.1% | 59,286€ | +19.4% | -9,733€ | -16.4% | 5 | 560€ |
| 1196 | Stadasta03066088 · Professional services | <0.1% | 59,184€ | +58.0% | 17,831€ | 30.1% | 3 | 399€ |
| 1197 | DR. Ćorović02261600 · Health & social care | <0.1% | 59,150€ | -0.6% | 352€ | 0.6% | 3 | 1,140€ |
| 1198 | Victoria Royal Group02829819 · Administrative services | <0.1% | 59,140€ | -56.5% | 10,371€ | 17.5% | 1 | 1,009€ |
| 1199 | Hair Style BY NP03384551 · Personal services | <0.1% | 59,007€ | +313.0% | 8,873€ | 15.0% | 4 | 778€ |
| 1200 | Continent Tourism03646629 · Administrative services | <0.1% | 58,988€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -7,488€ | -12.7% | 5 | 650€ |