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 1201–1250 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* |
|---|
| 1201 | Yuji Software03550478 · Technology | <0.1% | 58,521€ | +401.2% | 38,939€ | 66.5% | 1 | 1,350€ |
| 1202 | Copy House02810581 · Professional services | <0.1% | 58,113€ | +194.0% | 5,497€ | 9.5% | 2 | 841€ |
| 1203 | Black & White02639157 · Personal services | <0.1% | 58,071€ | +9.7% | 1,555€ | 2.7% | 4 | 608€ |
| 1204 | Katharsis03067297 · Personal services | <0.1% | 58,011€ | +46.7% | 238€ | 0.4% | 4 | 730€ |
| 1205 | Ekovodalife03509834 · Energy, water & waste | <0.1% | 57,957€ | +23.5% | 14,781€ | 25.5% | 1 | 930€ |
| 1206 | Adriaticland03481727 · Arts & entertainment | <0.1% | 57,708€ | -21.3% | -37,873€ | -65.6% | 4 | 833€ |
| 1207 | Increment03163300 · Technology | <0.1% | 57,678€ | -5.4% | 2,866€ | 5.0% | 1 | 3,654€ |
| 1208 | Luxio Al Mare03546098 · Personal services | <0.1% | 57,606€ | -12.8% | -8,262€ | -14.3% | 3 | 642€ |
| 1209 | La Barca03388352 · Hospitality | <0.1% | 57,535€ | +11.5% | -19,761€ | -34.3% | 1 | 678€ |
| 1210 | Reković02780810 · Health & social care | <0.1% | 57,308€ | +4.7% | 6,048€ | 10.6% | 3 | 992€ |
| 1211 | Waterproofing Systems03392538 · Construction | <0.1% | 57,016€ | -37.0% | -167€ | -0.3% | 1 | 338€ |
| 1212 | FMP-Elektro03061752 · Construction | <0.1% | 56,691€ | -52.8% | 7,685€ | 13.6% | 1 | 670€ |
| 1213 | Z&Z Company03169707 · Construction | <0.1% | 56,517€ | -5.3% | 779€ | 1.4% | 2 | 698€ |
| 1214 | Iq Fashion02931036 · Trade | <0.1% | 56,455€ | -3.8% | -4,797€ | -8.5% | 2 | 895€ |
| 1215 | Tvoj Kent03482880 · Personal services | <0.1% | 56,285€ | +8.6% | -15,895€ | -28.2% | 6 | 654€ |
| 1216 | High Marketing02999331 · Professional services | <0.1% | 56,284€ | -80.9% | -131,898€ | -234.3% | 2 | 685€ |
| 1217 | Mytime Group03629198 · Hospitality | <0.1% | 56,273€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -60,939€ | -108.3% | 4 | 855€ |
| 1218 | Must03326683 · Professional services | <0.1% | 56,264€ | +580.8% | 1,896€ | 3.4% | 1 | 3,890€ |
| 1219 | Venus Group03651487 · Hospitality | <0.1% | 56,105€ | +131.8% | -33,411€ | -59.6% | 3 | 779€ |
| 1220 | Freška Pasta03339033 · Manufacturing | <0.1% | 56,074€ | +48.4% | 19,689€ | 35.1% | 1 | 1,276€ |
| 1221 | Alukov Montenegro02670631 · Construction | <0.1% | 56,043€ | +133.9% | -63€ | -0.1% | 1 | 678€ |
| 1222 | Mbatelje03505308 · Hospitality | <0.1% | 55,812€ | +1.4% | -14,685€ | -26.3% | 2 | 876€ |
| 1223 | Agapi02742080 · Hospitality | <0.1% | 55,657€ | -10.7% | 1,252€ | 2.2% | 2 | 680€ |
| 1224 | Ming Yuan03059855 · Trade | <0.1% | 55,639€ | +1.0% | 332€ | 0.6% | 2 | 820€ |
| 1225 | Rich Online World03452301 · Trade | <0.1% | 55,322€ | +27.9% | 2,848€ | 5.1% | 4 | 946€ |
| 1226 | Ras Company03011780 · Professional services | <0.1% | 55,201€ | -5.6% | -8,181€ | -14.8% | 2 | 1,621€ |
| 1227 | L & J03365123 · Hospitality | <0.1% | 55,066€ | +9.3% | 164€ | 0.3% | 1 | 865€ |
| 1228 | Leo Estate03438490 · Professional services | <0.1% | 54,987€ | -65.4% | 1,829€ | 3.3% | 2 | 402€ |
| 1229 | Pasta Giorno03536203 · Hospitality | <0.1% | 54,861€ | -2.6% | 1,354€ | 2.5% | 3 | 444€ |
| 1230 | Green Box Beauty03533433 · Personal services | <0.1% | 54,827€ | +64.0% | -13,011€ | -23.7% | 4 | 801€ |
| 1231 | Italian Investment02695324 · Professional services | <0.1% | 54,794€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 35,194€ | 64.2% | 1 | 677€ |
| 1232 | Kaffadzus03693767 · Hospitality | <0.1% | 54,780€ | +67,529.6% | -46,056€ | -84.1% | 4 | 956€ |
| 1233 | MY Food Plus03339742 · Administrative services | <0.1% | 54,656€ | +33.0% | -29,407€ | -53.8% | 3 | 688€ |
| 1234 | Dan Hamm03761967 · Construction | <0.1% | 54,655€ | No filing for 2024. | 7,143€ | 13.1% | 1 | 417€ |
| 1235 | Hospitality Connect03315215 · Administrative services | <0.1% | 54,655€ | -0.1% | -1,027€ | -1.9% | 2 | 1,939€ |
| 1236 | RHB Group03122387 · Hospitality | <0.1% | 54,621€ | -38.0% | -30,395€ | -55.6% | 4 | 713€ |
| 1237 | SB Gradnja03080463 · Construction | <0.1% | 54,386€ | +158.6% | 7,787€ | 14.3% | 2 | 677€ |
| 1238 | Osal Estate03540332 · Hospitality | <0.1% | 54,300€ | +29.2% | 1,460€ | 2.7% | 1 | 1,062€ |
| 1239 | Monte Bambola02461404 · Manufacturing | <0.1% | 54,033€ | +45.5% | 7,777€ | 14.4% | 2 | 681€ |
| 1240 | Dolce Montenegro03213455 · Real estate | <0.1% | 53,960€ | +91.2% | 25,288€ | 46.9% | 1 | 615€ |
| 1241 | MB Stroj Construction03445917 · Construction | <0.1% | 53,940€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -58,339€ | -108.2% | 1 | 1,209€ |
| 1242 | Lunascensio03350096 · Technology | <0.1% | 53,675€ | -40.2% | -22,746€ | -42.4% | 1 | 5,320€ |
| 1243 | DSM Family03046460 · Administrative services | <0.1% | 53,629€ | +68.9% | 23,500€ | 43.8% | 1 | 670€ |
| 1244 | Suya03582701 · Professional services | <0.1% | 53,582€ | -59.5% | 11,900€ | 22.2% | 3 | 939€ |
| 1245 | Hidrobu203736113 · Construction | <0.1% | 53,541€ | No filing for 2024. | 19,902€ | 37.2% | 1 | 784€ |
| 1246 | Rook Solutions03500829 · Technology | <0.1% | 53,350€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 35,718€ | 67.0% | 1 | 928€ |
| 1247 | Aerodigy Interactive03649105 · Technology | <0.1% | 53,226€ | +101.9% | 1,732€ | 3.3% | 1 | 4,159€ |
| 1248 | G - Miladinović03058301 · Personal services | <0.1% | 53,119€ | +12.7% | -2,709€ | -5.1% | 2 | 865€ |
| 1249 | Derin Expo Consulting03618463 · Professional services | <0.1% | 53,000€ | -36.1% | 39,007€ | 73.6% | 1 | 678€ |
| 1250 | Status Luxury03630463 · Real estate | <0.1% | 52,876€ | +666.3% | 23,084€ | 43.7% | 1 | 675€ |