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 1251–1300 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* |
|---|
| 1251 | As & sa03105342 · Hospitality | <0.1% | 52,874€ | No filing for 2024. | -3,136€ | -5.9% | 0 | — |
| 1252 | Pepa 88803624374 · Trade | <0.1% | 52,650€ | -51.4% | -5,520€ | -10.5% | 1 | 678€ |
| 1253 | Tulpan03523799 · Professional services | <0.1% | 52,524€ | +501.9% | 13,998€ | 26.7% | 3 | 573€ |
| 1254 | Nesan Mne03352595 · Administrative services | <0.1% | 52,476€ | +11.3% | 2,665€ | 5.1% | 2 | 850€ |
| 1255 | Ambulanta Opšte i Sportske Medicine Medalja Zdravlja03144712 · Health & social care | <0.1% | 52,475€ | +7.9% | 8,740€ | 16.7% | 2 | 979€ |
| 1256 | Mediteran Living03611175 · Construction | <0.1% | 52,430€ | -11.3% | -4,423€ | -8.4% | 1 | 943€ |
| 1257 | Ways To Exams03341186 · Education | <0.1% | 52,356€ | +91.4% | 5,327€ | 10.2% | 1 | 2,200€ |
| 1258 | Owl Logistik03451151 · Hospitality | <0.1% | 52,072€ | +1,694.3% | 9,661€ | 18.6% | 3 | 557€ |
| 1259 | Jaz-Jazz03048390 · Hospitality | <0.1% | 52,007€ | -66.5% | -29,851€ | -57.4% | 1 | 2,855€ |
| 1260 | Sklender03366600 · Manufacturing | <0.1% | 51,966€ | -57.4% | -114,523€ | -220.4% | 6 | 691€ |
| 1261 | Montedreams Royal03424855 · Real estate | <0.1% | 51,939€ | +42.9% | -9,160€ | -17.6% | 5 | 774€ |
| 1262 | Radan - Company03205223 · Hospitality | <0.1% | 51,835€ | -29.0% | 499€ | 1.0% | 2 | 702€ |
| 1263 | Da Vinči02456940 · Real estate | <0.1% | 51,731€ | +243.1% | -15,281€ | -29.5% | 2 | 742€ |
| 1264 | Business Assistant03355217 · Administrative services | <0.1% | 51,581€ | +3.4% | 13,891€ | 26.9% | 3 | 563€ |
| 1265 | Andy Tattoo Studio03491030 · Trade | <0.1% | 51,577€ | +114.3% | 11,976€ | 23.2% | 2 | 746€ |
| 1266 | Gaga Trend02414660 · Hospitality | <0.1% | 51,547€ | -10.9% | -21,242€ | -41.2% | 4 | 905€ |
| 1267 | Deniz Holidays03701719 · Hospitality | <0.1% | 51,432€ | No filing for 2024. | -771€ | -1.5% | 2 | 672€ |
| 1268 | ZNZ Group02868709 · Professional services | <0.1% | 51,360€ | +7.4% | 5,202€ | 10.1% | 2 | 1,087€ |
| 1269 | Ttu Pajković03696995 · Construction | <0.1% | 51,212€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 477€ | 0.9% | 2 | 550€ |
| 1270 | Larisa Co02689189 · Real estate | <0.1% | 50,818€ | +13.5% | 31,699€ | 62.4% | 1 | — |
| 1271 | Natural Shop03216934 · Trade | <0.1% | 50,542€ | -18.6% | -28,025€ | -55.4% | 3 | 962€ |
| 1272 | Diznilend03156729 · Education | <0.1% | 50,478€ | +21.4% | 2,010€ | 4.0% | 4 | 530€ |
| 1273 | BDMNMS Company03576671 · Hospitality | <0.1% | 50,370€ | +12.2% | -14,064€ | -27.9% | 2 | 986€ |
| 1274 | Berkds Company03471144 · Hospitality | <0.1% | 50,216€ | +51.9% | -2,754€ | -5.5% | 2 | 664€ |
| 1275 | Romb Art03245063 · Professional services | <0.1% | 50,181€ | -4.1% | 14,617€ | 29.1% | 2 | 523€ |
| 1276 | Mont-Real02444739 · Real estate | <0.1% | 50,075€ | -9.3% | 9,400€ | 18.8% | 2 | 1,167€ |
| 1277 | Silver-Holiday02046610 · Administrative services | <0.1% | 49,904€ | -1.0% | 10,116€ | 20.3% | 3 | 634€ |
| 1278 | Whiteline Group03453219 · Real estate | <0.1% | 49,769€ | -34.1% | -11,293€ | -22.7% | 1 | 995€ |
| 1279 | Visoki Napon R&M02869136 · Construction | <0.1% | 49,575€ | +58.7% | 23,900€ | 48.2% | 2 | 674€ |
| 1280 | Trust Capital03423794 · Trade | <0.1% | 49,569€ | +32.2% | 13,472€ | 27.2% | 3 | 691€ |
| 1281 | Crown Apartmens03656519 · Hospitality | <0.1% | 49,424€ | +110.2% | 19,398€ | 39.2% | 1 | — |
| 1282 | Tinadar02985799 · Trade | <0.1% | 49,249€ | -65.3% | 14,744€ | 29.9% | 4 | 465€ |
| 1283 | Monolit Projekt03009521 · Professional services | <0.1% | 49,183€ | -44.3% | -12,116€ | -24.6% | 6 | 776€ |
| 1284 | Adriatic Yachting Services02847973 · Transport & logistics | <0.1% | 49,155€ | -51.8% | -113,853€ | -231.6% | 4 | 1,079€ |
| 1285 | Univer Service03643522 · Trade | <0.1% | 49,072€ | +145.2% | -1,909€ | -3.9% | 1 | 751€ |
| 1286 | Montesa Group02952874 · Real estate | <0.1% | 48,964€ | +74.0% | 4,003€ | 8.2% | 2 | 730€ |
| 1287 | SW Food Consulting03766616 · Professional services | <0.1% | 48,930€ | No filing for 2024. | 43,178€ | 88.2% | 1 | — |
| 1288 | Aleksandra LTD03527557 · Technology | <0.1% | 48,840€ | +510.5% | 15,863€ | 32.5% | 2 | 731€ |
| 1289 | Rina02258650 · Education | <0.1% | 48,800€ | +0.1% | 1,386€ | 2.8% | 2 | 799€ |
| 1290 | Dancar02644053 · Administrative services | <0.1% | 48,662€ | -12.3% | -38,376€ | -78.9% | 3 | 637€ |
| 1291 | Ambijent MV03180832 · Professional services | <0.1% | 48,659€ | +120.5% | 3,379€ | 6.9% | 1 | 2,021€ |
| 1292 | Intimissima SF03048349 · Trade | <0.1% | 48,432€ | +0.3% | 1,321€ | 2.7% | 2 | 680€ |
| 1293 | Vukadinović Gradnja02857464 · Construction | <0.1% | 48,407€ | +7,547.2% | 20,143€ | 41.6% | 4 | 537€ |
| 1294 | Touchmind Software LLP03528154 · Technology | <0.1% | 48,400€ | -85.3% | -23,066€ | -47.7% | 1 | 926€ |
| 1295 | Growthcom Group03354954 · Professional services | <0.1% | 48,329€ | +422.1% | 32,373€ | 67.0% | 1 | 1,058€ |
| 1296 | NRV - S03642445 · Personal services | <0.1% | 48,314€ | +194.6% | 13,744€ | 28.4% | 2 | 848€ |
| 1297 | Smart Build03299490 · Professional services | <0.1% | 48,311€ | -19.6% | 12,367€ | 25.6% | 2 | 831€ |
| 1298 | Prena03377288 · Hospitality | <0.1% | 48,204€ | +4.7% | 3,077€ | 6.4% | 1 | — |
| 1299 | Procommerce Partners03421422 · Professional services | <0.1% | 48,200€ | +24.8% | -2,106€ | -4.4% | 2 | 677€ |
| 1300 | Tre Canne 14003331059 · Real estate | <0.1% | 48,043€ | +19.2% | 11,122€ | 23.2% | 1 | 338€ |