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 1351–1400 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* |
|---|
| 1351 | Demetra Mne03538346 · Professional services | <0.1% | 43,688€ | +74.1% | 6,023€ | 13.8% | 2 | 710€ |
| 1352 | Staša02693852 · Trade | <0.1% | 43,228€ | +1.7% | -21,980€ | -50.8% | 2 | 802€ |
| 1353 | Malevich Art Shop03484009 · Trade | <0.1% | 43,194€ | -20.0% | -9,475€ | -21.9% | 2 | 683€ |
| 1354 | G Solutions Group03708225 · Professional services | <0.1% | 43,187€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 16,554€ | 38.3% | 2 | 765€ |
| 1355 | Doganay Group03437710 · Personal services | <0.1% | 43,184€ | +69.5% | -7,074€ | -16.4% | 2 | 800€ |
| 1356 | Crem De La Creme02931796 · Personal services | <0.1% | 43,125€ | +41.6% | 1,189€ | 2.8% | 2 | 525€ |
| 1357 | Proconsa03357686 · Professional services | <0.1% | 43,039€ | +835.6% | 902€ | 2.1% | 3 | 634€ |
| 1358 | Oliva Coffee Centar03700003 · Hospitality | <0.1% | 43,021€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -11,427€ | -26.6% | 3 | 736€ |
| 1359 | Your Space Fam03502007 · Personal services | <0.1% | 42,921€ | +35.1% | -4,328€ | -10.1% | 5 | 481€ |
| 1360 | Leea03044459 · Real estate | <0.1% | 42,858€ | -11.6% | -151€ | -0.4% | 3 | 582€ |
| 1361 | M - Elektro02740982 · Construction | <0.1% | 42,765€ | -79.2% | -3,136€ | -7.3% | 1 | 672€ |
| 1362 | Budva Investment Montenegro02905493 · Construction | <0.1% | 42,748€ | -60.7% | -444,644€ | Margin not shown: it is beyond ±1,000% because revenue is too small for a meaningful ratio. | 4 | 1,459€ |
| 1363 | Stratex Development02735407 · Construction | <0.1% | 42,741€ | +8.6% | -148,482€ | -347.4% | 1 | 1,697€ |
| 1364 | Montemaris03615723 · Trade | <0.1% | 42,641€ | +15.0% | -20,313€ | -47.6% | 1 | 1,201€ |
| 1365 | Bon Ami02112485 · Administrative services | <0.1% | 42,638€ | +6.9% | 3,944€ | 9.2% | 2 | 675€ |
| 1366 | Cai - Pan Montenegro02780887 · Trade | <0.1% | 42,538€ | -15.0% | 799€ | 1.9% | 1 | 691€ |
| 1367 | Mari Pastry03592936 · Manufacturing | <0.1% | 42,513€ | +266.7% | -6,695€ | -15.7% | 1 | 1,667€ |
| 1368 | Con Amore03229017 · Hospitality | <0.1% | 42,334€ | -31.4% | -31,882€ | -75.3% | 1 | 871€ |
| 1369 | Slavka Studio03549909 · Personal services | <0.1% | 42,303€ | +69.0% | 7,024€ | 16.6% | 2 | 947€ |
| 1370 | Wombat03486923 · Technology | <0.1% | 42,285€ | +348.4% | 21,181€ | 50.1% | 2 | 696€ |
| 1371 | Colored Dots03396118 · Trade | <0.1% | 42,215€ | +13.4% | 3,011€ | 7.1% | 2 | 594€ |
| 1372 | Caerus03424219 · Administrative services | <0.1% | 42,211€ | -22.1% | -104,471€ | -247.5% | 1 | — |
| 1373 | B-Elite03180913 · Hospitality | <0.1% | 42,153€ | +15.8% | 6,429€ | 15.3% | 1 | 981€ |
| 1374 | Brajić02163128 · Trade | <0.1% | 42,136€ | +47.8% | -3,422€ | -8.1% | 3 | 800€ |
| 1375 | Familija Prokopenko03615987 · Administrative services | <0.1% | 42,062€ | +29.5% | 17,972€ | 42.7% | 1 | 926€ |
| 1376 | Hydroinn03618315 · Manufacturing | <0.1% | 42,000€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 11,820€ | 28.1% | 1 | 2,233€ |
| 1377 | Abakus Plus03100570 · Professional services | <0.1% | 41,935€ | +9.6% | 1,185€ | 2.8% | 3 | 801€ |
| 1378 | La Suerte02924021 · Construction | <0.1% | 41,491€ | +305.3% | 23,383€ | 56.4% | 1 | 360€ |
| 1379 | Eagle Stone03274055 · Manufacturing | <0.1% | 41,485€ | +88.5% | 3,607€ | 8.7% | 1 | — |
| 1380 | A.C.E. Engineer03635520 · Construction | <0.1% | 41,416€ | +1,302.5% | -8,220€ | -19.8% | 2 | 711€ |
| 1381 | Civilni Centar CG02906007 · Public & nonprofit | <0.1% | 41,368€ | No filing for 2024. | -1,480€ | -3.6% | 1 | 341€ |
| 1382 | Monteline Travel02397455 · Transport & logistics | <0.1% | 41,322€ | +1,738.2% | -58,731€ | -142.1% | 1 | 503€ |
| 1383 | Ariart03590224 · Trade | <0.1% | 41,249€ | +168.7% | -29,457€ | -71.4% | 3 | 1,274€ |
| 1384 | City Dental02702398 · Health & social care | <0.1% | 41,232€ | -14.7% | 1,651€ | 4.0% | 2 | 861€ |
| 1385 | Marsenić Gradnja03369544 · Hospitality | <0.1% | 41,203€ | +165.6% | 1,375€ | 3.3% | 2 | 509€ |
| 1386 | Teoestetika03609006 · Education | <0.1% | 41,175€ | +4,848.9% | 3,548€ | 8.6% | 2 | 1,276€ |
| 1387 | SG-Montenegro Corporation03500853 · Construction | <0.1% | 41,171€ | -74.3% | -15,488€ | -37.6% | 3 | 1,130€ |
| 1388 | Hospitality International03548422 · Hospitality | <0.1% | 41,080€ | +1,346.5% | 3,498€ | 8.5% | 1 | 680€ |
| 1389 | Hulapo03276830 · Administrative services | <0.1% | 41,021€ | +33.6% | -10,241€ | -25.0% | 3 | 677€ |
| 1390 | Isop03216632 · Trade | <0.1% | 40,869€ | +3.6% | 2,077€ | 5.1% | 1 | 994€ |
| 1391 | Voda Inženjering03735729 · Construction | <0.1% | 40,825€ | No filing for 2024. | 16,489€ | 40.4% | 1 | 1,850€ |
| 1392 | Monti Group02930552 · Administrative services | <0.1% | 40,793€ | -8.1% | -19,225€ | -47.1% | 2 | — |
| 1393 | Unity Production03533808 · Arts & entertainment | <0.1% | 40,588€ | +202.9% | 12,197€ | 30.1% | 1 | 922€ |
| 1394 | Jadran Digital03304493 · Professional services | <0.1% | 40,583€ | +21.4% | 9,340€ | 23.0% | 1 | 2,267€ |
| 1395 | Autostart M03656870 · Education | <0.1% | 40,560€ | +693.0% | 12,709€ | 31.3% | 2 | — |
| 1396 | Sailors03710173 · Hospitality | <0.1% | 40,459€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | -30,542€ | -75.5% | 4 | 716€ |
| 1397 | T.R.E.03661440 · Administrative services | <0.1% | 40,451€ | No meaningful percentage: the 2024 or current value is zero, negative, unknown or unreliable. | 2,134€ | 5.3% | 1 | 1,242€ |
| 1398 | Duet K.O.03131106 · Real estate | <0.1% | 40,363€ | +10.0% | 10,100€ | 25.0% | 1 | 678€ |
| 1399 | City Clean Company03334996 · Administrative services | <0.1% | 40,295€ | -5.1% | 1,399€ | 3.5% | 1 | 1,610€ |
| 1400 | Aleksandra Holistic and Beauty Centar03372626 · Personal services | <0.1% | 40,262€ | +10.6% | 573€ | 1.4% | 3 | 657€ |